PUBLISHER: Global Market Insights Inc. | PRODUCT CODE: 1392191
PUBLISHER: Global Market Insights Inc. | PRODUCT CODE: 1392191
Anesthesia CO2 Absorbents Market size is poised to expand at 5.2% CAGR from 2023-2032 propelled by the rising aging population.
With demographics shifting towards older population, the increased prevalence of surgical interventions is contributing to higher anesthesia utilization. For instance, the geriatric population in the U.S. is expected to grow from 56.1 million in 2020 to 73.1 million in 2030, resulting in a rise in the number of surgeries. To that end, the need for anesthetic services facilitated by advanced CO2 absorbents has also surged. Growing investments in healthcare infrastructure and medical facilities globally are also providing lucrative opportunities for the usage of expansion of anesthesia CO2 absorbents. Furthermore, the continuous advancements in medical technology and anesthesia delivery systems is contributing to the market growth.
The anesthesia CO2 absorbents market is segmented into product, type, form, end-use, and region.
Based on product, the market share from the dragersorb segment is anticipated to witness 5.4% CAGR between 2023 and 2032. Dragersorb has gained significant prominence due to its superior performance, safety features, and compatibility with various anesthesia machines. Additionally, the increasing emphasis on prioritizing patient safety and reliable gas absorption across healthcare facilities is likely to propel the segment growth.
In terms of end-use, the anesthesia CO2 absorbents industry from the clinics segment is projected to hit 5.3% CAGR through 2032. Clinics, including ambulatory surgical centers and outpatient facilities provide a wide range of medical procedures that involve anesthesia administration. The increasing trend towards outpatient surgeries and the higher emphasis on cost-effective healthcare solutions are also contributing to the rising demand for reliable and efficient anesthesia CO2 absorbents in clinic settings, fueling the segment expansion.
Regionally, the Asia Pacific anesthesia CO2 absorbents industry is poised to exhibit a notable growth rate from 2023-2032. The increasing prevalence of surgeries, an expanding geriatric population base, and the improving healthcare infrastructure have surged the demand for anesthesia CO2 absorbents. Moreover, with several nations focusing on enhancing the patient safety and advancing medical care, there is notable adoption of efficient gas absorption technologies in anesthesia delivery systems in the region.