Anesthesia Machines Market by Offering Application End User

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List of Tables

Anesthesia Machines Market Size, Share, Forecast, & Trends Analysis by Offering (Anesthesia Workstation, Delivery Systems, Portable, Monitor, Ventilator, Mask, Vaporizer) Application (Orthopedic, Neurology, Cardiology, Urology) - Global Forecast to 2030

The anesthesia machines market is projected to reach $7.71 billion by 2030, at a CAGR of 7.5% from 2023 to 2030. Following thorough secondary and primary research and in-depth analysis of the market scenario, the report discusses key industry drivers, restraints, challenges, opportunities, and market trends.

The growth of the anesthesia machines market is attributed to the high adoption of surgical procedures, growing prevalence of chronic diseases, the aging population, and technological advancements in anesthesia devices. Additionally, increasing focus on patient comfort is expected to provide significant opportunities for players operating in the market.

Furthermore, the growing focus on patient comfort is expected to provide significant opportunities for players operating in the market. However, the high cost of anesthesia machines, adverse anesthesia reactions, and stringent regulations restrain the market's growth. Moreover, low awareness and adoption, a shortage of skilled professionals, and high maintenance of anesthesia machines are the major challenges to the market's growth.

An anesthesia machine monitors a patient's vital signs and takes over functions that the patient cannot perform due to general anesthesia, such as breathing. Under anesthesia, the diaphragm and chest muscles are completely relaxed, so the machine introduces a positive pressure gradient into the patient's lungs with oxygenated air and allows carbon dioxide to escape. These machines can also function as ventilators. However, their role extends beyond merely managing the contraction and expansion of the thoracic cavity.

Based on offering, the anesthesia machines market is segmented into anesthesia workstations, anesthesia delivery machines, portable anesthesia machines, anesthesia ventilators, anesthesia monitors, and accessories. In 2023, the anesthesia workstations segment is expected to account for the largest share of the anesthesia machines market. The growing number of surgical procedures, the growing prevalence of chronic diseases, and the high adoption of anesthesia workstations in developed countries due to its benefits are responsible for the large share of the segment.

Anesthesia workstations consist of a broad range of equipment, including anesthesia machines, physiologic monitors, and accessories such as active suction equipment and adjunctive bag-valve-mask devices. They provide oxygenation, ventilation, and administration of volatile anesthetics. Due to the multiple functions carried out by the workstations, medical professionals highly prefer them for surgical procedures globally.

Based on end user, the anesthesia machines market is segmented into hospitals & clinics and ambulatory surgical centers. The hospitals & clinics segment is expected to grow at the highest CAGR during the forecast period. Several factors are driving the growth of this segment, such as increasing demand for surgical procedures, expansion of health infrastructures, and growing collaborations between hospitals & anesthesia machine manufacturers.

The rising global burden of diseases and the aging population have increased the demand for surgical interventions. Hospitals and clinics are the primary choices of the patients where surgeries are performed, driving the demand for anesthesia machines in hospitals & clinics.

An in-depth analysis of the geographical scenario of the anesthesia machines market provides detailed qualitative and quantitative insights into the five major geographies (North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa) along with the coverage of major countries in each region. In 2023, North America is expected to account for the largest share of the anesthesia machines market, followed by Europe and Asia-Pacific. Furthermore, in 2023, the U.S. is expected to be the largest market in North America. The advancements in medical & surgical technologies, the high prevalence of chronic diseases, the high number of surgeries performed each year, and high healthcare expenditure contribute to the large share of the market.

Key companies operating in the anesthesia machines market are Medtronic PLC (Ireland), Draegerwerk AG (Germany), Koninklijke Philips NV (Netherlands), GE HealthCare Technologies Inc. (U.S.), Becton Dickinson and Company (U.S.), Fisher & Paykel Healthcare (New Zealand), B. Braun SE (Germany), HEYER Medical AG (Germany), Mindray Medical International Limited (China), Smiths Group plc (U.K.), and OSI Systems, Inc. (U.S.).

Scope of the Report:

Anesthesia Machines Market Assessment-by Type

Anesthesia Workstations
Anesthesia Delivery Systems
Portable Anesthesia Machines
Anesthesia Ventilators
Anesthesia Monitors
Anesthesia Machine Accessories
- Breathing Circuits
- Boyles Apparatus
- Vaporizers
- Laryngoscopes
- Other Accessories

(Other accessories include anesthesia masks, regulators, canisters, and tubing, among others)

Anesthesia Machines Market Assessment -by End User

Hospitals & Clinics
Ambulatory Surgical Centers

Anesthesia Machines Market Assessment -by Geography

North America
- U.S.
- Canada
Europe
- Germany
- U.K.
- France
- Italy
- Spain
- Rest of Europe (RoE)
Asia-Pacific (APAC)
- China
- Japan
- India
- Rest of APAC (RoAPAC)
Latin America
Middle East & Africa

Product Code: MRHC - 104850

1. Introduction

1.1. Market Definition & Scope
1.2. Market Ecosystem
1.3. Currency & Limitations
1.4. Key Stakeholders

2. Research Methodology

2.1. Research Approach
2.2. Process of Data Collection & Validation
- 2.2.1. Secondary Research
- 2.2.2. Primary Research/Interviews with Key Opinion Leaders of the Industry
2.3. Market Sizing and Forecast
- 2.3.1. Market Size Estimation Approach
- 2.3.2. Growth Forecast Approach
2.4. Assumptions for this Study

3. Executive Summary

4. Market Insights

4.1. Market Overview
4.2. Drivers
- 4.2.1. High Adoption of Surgical Procedures
- 4.2.2. Growing Prevalence of Chronic Diseases Coupled with Aging Population
- 4.2.3. Technological Advancements in Anesthesia Machines
4.3. Restraints
- 4.3.1. High Cost of Anesthesia Equipment
- 4.3.2. Stringent Regulations
- 4.3.3. Adverse Reactions of Anesthesia
4.4. Opportunity
- 4.4.1. Increasing Focus on Patient Comfort
- 4.4.2. Rising Healthcare Expenditure in Developing Countries
4.5. Challenges
- 4.5.1. Dearth of Skilled Personnel
- 4.5.2. High Maintenance of Anesthesia Machines
4.6. Trends
4.7. Pricing Analysis
4.8. Regulatory Analysis
- 4.8.1. North America
  - 4.8.1.1. U.S.
  - 4.8.1.2. Canada
- 4.8.2. Europe
- 4.8.3. Asia-Pacific
  - 4.8.3.1. China
  - 4.8.3.2. Japan
  - 4.8.3.3. India
- 4.8.4. Latin America
- 4.8.5. Middle East & Africa
4.9. Porter's Five Forces Analysis

5. Anesthesia Machines Market Assessment-by Offering

5.1. Introduction
5.2. Anesthesia Workstations
5.3. Portable Anesthesia Machines
5.4. Anesthesia Delivery Systems
5.5. Anesthesia Ventilators
5.6. Anesthesia Monitors
5.7. Accessories
- 5.7.1. Breathing Circuits
- 5.7.2. Oxygen Cells & Censors
- 5.7.3. Vaporizers
- 5.7.4. Anesthesia Masks
- 5.7.5. Endotracheal Tubes
- 5.7.6. Laryngeal Mask Airways
- 5.7.7. Other Accessories

6. Anesthesia Machines Market Assessment-by Application

6.1. Introduction
6.2. Orthopedic
6.3. Cardiology
6.4. Neurology
6.5. Respiratory Care
6.6. Urology
6.7. Other Applications

7. Anesthesia Machines Market Assessment-by End User

7.1. Introduction
7.2. Hospitals
7.3. Clinics
7.4. Ambulatory Surgical Centers

8. Anesthesia Machines Market Assessment-by Geography

8.1. Introduction
8.2. North America
- 8.2.1. U.S.
- 8.2.2. Canada
8.3. Europe
- 8.3.1. Germany
- 8.3.2. France
- 8.3.3. U.K.
- 8.3.4. Italy
- 8.3.5. Spain
- 8.3.6. Switzerland
- 8.3.7. Netherlands
- 8.3.8. Sweden
- 8.3.9. Belgium
- 8.3.10. Rest of Europe
8.4. Asia-Pacific
- 8.4.1. Japan
- 8.4.2. China
- 8.4.3. India
- 8.4.4. Australia
- 8.4.5. South Korea
- 8.4.6. Rest of Asia-Pacific
8.5. Latin America
- 8.5.1. Brazil
- 8.5.1. Mexico
- 8.5.1. Rest of Latin America
8.6. Middle East & Africa
- 8.6.1. UAE
- 8.6.2. Saudi Arabia
- 8.6.3. South Africa
- 8.6.4. Rest of Middle East & Africa

9. Competition Analysis

9.1. Overview
9.2. Key Growth Strategies
9.3. Competitive Benchmarking
9.4. Competitive Dashboard
- 9.4.1. Industry Leaders
- 9.4.2. Vanguards
- 9.4.3. Market Differentiators
- 9.4.4. Emerging Companies
9.5. Market Share Analysis (2022)

10. Company Profiles (Company Overview, Financial Overview, Product Portfolio, and Strategic Developments)

10.1. Medtronic PLC
10.2. Becton, Dickinson, and Company
10.3. Draegerwerk AG
10.4. Koninklijke Philips NV
10.5. GE HealthCare Technologies Inc.
10.6. Fisher & Paykel Healthcare
10.7. B. Braun SE
10.8. HEYER Medical AG
10.9. Mindray Medical International Limited
10.10. Smiths Group plc
10.11. OSI Systems, Inc.
10.12. Getinge AB
10.13. Ambu A/S
10.14. BPL Medical Technologies

(Note: SWOT Analysis of the Top 5 Companies Will Be Provided)

11. Appendix

11.1. Available Customization
11.2. Related Reports