PUBLISHER: Polaris Market Research | PRODUCT CODE: 1651998
PUBLISHER: Polaris Market Research | PRODUCT CODE: 1651998
The global anesthesia devices market size is expected to reach USD 15.58 billion by 2034, according to a new study by Polaris Market Research. The report "Anesthesia Devices Market Size, Share, Trends, Industry Analysis Report: By Product Type (Delivery Machine, Advanced Monitors, Disposables & Accessories, Basic Anesthesia Monitors, Vaporizers, Information Management Systems, Integrated Workstation, and Others), Application, End Use, and Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) - Market Forecast, 2025-2034" gives a detailed insight into current market dynamics and provides analysis on future market growth.
Anesthesia devices enable clinicians and anesthesiologists to administer a consistent flow of anesthetic gases to patients. These machines include a vaporizer, ventilator, and a breathing circuit. They are an essential part of operating rooms and help surgeons perform procedures that otherwise would be highly painful.
The significant rise in the geriatric population, smoking population, and surgical operations drive the anesthesia devices market growth. Also, the increased prevalence of respiratory conditions such as chronic obstructive pulmonary disease (COPD) and obstructive sleep apnea (OSA) is fueling the demand for anesthesia devices worldwide.
Technological advancement in anesthesia devices is a key trend expected to drive the demand for anesthesia devices across hospitals, clinics, and ambulatory service centers. Leading manufacturers are driving anesthesia devices market expansion by innovating advanced devices, integrating advanced patient monitors, and improving patient care. Collaborations among market players to capitalize on emerging market opportunities are also supporting market development.
Based on product type, the advanced monitors segment is projected to witness the largest growth from 2025 to 2034. These monitors incorporate several advanced features, including circulatory strain, oxygen immersion level, and carbon dioxide level.
Based on application, the orthopedics segment held the largest anesthesia devices market revenue share in 2024. The segment growth is primarily fueled by the increasing incidence of bone and muscle-related problems.
North America dominated the market with a revenue share of 25.2% in 2024. The growing geriatric population in major economies such as the US is driving an increase in surgeries, thereby fueling the need for anesthesia devices.
The Asia Pacific anesthesia devices market is projected to witness the fastest growth from 2025 to 2034. The regional market growth is primarily fueled by rising healthcare awareness and the growing prevalence of respiratory conditions.
A few global key players in the market include 3M Company, Ambu A/S, B. Braun, Masimo, Becton Dickinson, Draegerwer, General Electric, Smith Medical, Mindray, and Teleflex Incorporated.
Polaris Market Research has segmented the anesthesia devices market report on the basis of product type, application, end use, and region: