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Global Anesthesia Devices Market 2019-2023|6% CAGR Projection Over the Next Five Years | Technavio

May 3, 2019

LONDON--(BUSINESS WIRE)--May 3, 2019--The global anesthesia devices market is expected to post a CAGR of more than 6% during the period 2019-2023, according to the latest market research report by Technavio.

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Technavio has published a new market research report on the global anesthesia devices market from 2019-2023. (Graphic: Business Wire)

A key factor driving the growth of the global anesthesia devices market is the advances in anesthesia technology. The anesthesia devices market is witnessing several technological advancements that are focused on increasing patient safety, improving the precision and effectiveness of anesthesia delivery, and minimizing the wastage of anesthetic gas. There is a rising focus on the development of target-controlled and low-flow anesthesia delivery machines that can automate the fresh gas flow and vaporizer settings to gain a specific and end-tidal percentage. For instance, Drager Primus Infinity Empowered by Dragerwerk is integrated with a compact breathing system and advanced gas monitoring features, which help clinicians deliver minimal- and low-flow anesthesia for patients of all ages and acuity levels. Such advances in technology will increase the demand for anesthesia devices during the forecast period.

As per Technavio, the rise in demand for disposable anesthesia devices will have a positive impact on the market and contribute to its growth significantly over the forecast period. This global anesthesia devices market 2019-2023 research report also analyzes other important trends and market drivers that will affect market growth over 2019-2023.

Global anesthesia devices market: Rise in demand for disposable anesthesia devices

The demand for disposable anesthesia devices such as disposable anesthesia face masks and ETTs are increasing significantly across the world. This is mainly because single-use disposable anesthesia devices have a lower risk of transmitting infections. Disposable anesthesia devices are also cost-effective and efficient owing to reduced time required to prepare and sterilize the device for surgery. Several organizations also recommend the use of disposable anesthesia devices, boosting the adoption of these devices during the forecast period.

“Apart from the rising demand for disposable anesthesia devices, factors such as the integration of anesthesia machines with hospital information management system, rising number of surgeries requiring general anesthesia and the increasing marketing strategies of vendors will have a significant impact on the growth of the anesthesia devices market during the forecast period,” says a senior research analyst at Technavio.

Global anesthesia devices market: Segmentation analysis

This market research report segments the global anesthesia devices market by product (anesthesia delivery systems, anesthesia monitors, anesthesia vaporizers, and anesthesia disposables) and geographic regions (North America, Europe, Asia, and ROW).

North America will account for the highest market share throughout the forecast period. Along with high public and private healthcare expenditure, the continuous focus on delivering safe and accurate anesthesia are the prime reasons behind this region’s stronghold in this market.

Looking for more information on this market? Request a free sample report

Technavio’s sample reports are free of charge and contain multiple sections of the report such as the market size and forecast, drivers, challenges, trends, and more.

Some of the key topics covered in the report include:

Market Landscape

  • Market ecosystem
  • Market characteristics
  • Market segmentation analysis

Market Sizing

  • Market definition
  • Market size and forecast

Five Forces Analysis

Market Segmentation

Geographical Segmentation

  • Regional comparison
  • Key leading countries

Market Drivers

Market Challenges

Market Trends

Vendor Landscape

  • Vendors covered
  • Vendor classification
  • Market positioning of vendors
  • Competitive scenario

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 10,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

If you are interested in more information, please contact our media team at media@technavio.com.

View source version on businesswire.com:https://www.businesswire.com/news/home/20190503005193/en/

CONTACT: Technavio Research

Jesse Maida

Media & Marketing Executive

US: +1 844 364 1100

UK: +44 203 893 3200

www.technavio.com

KEYWORD:

INDUSTRY KEYWORD: HEALTH MEDICAL DEVICES

SOURCE: Technavio Research

Copyright Business Wire 2019.

PUB: 05/03/2019 09:40 AM/DISC: 05/03/2019 09:40 AM

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