Global Anesthesia Monitoring Market By Product (Advanced Anesthesia Monitors, Basic Anesthesia Monitors, Integrated Anesthesia Workstation), End- User (Hospitals, Ambulatory Surgery Centers, Others), Geography (North America, Europe, Asia-Pacific, South America, Middle East and Africa) – Industry Trends and Forecast to 2026
Market Analysis: Global Anesthesia Monitoring Market
Global anesthesia monitoring market is set to witness a substantial CAGR in the forecast period of 2019- 2026.The report contains data of the base year 2018 and historic year 2017. Technological advancement in anesthesia monitoring and rising aging population is the factor for the growth of this market.
Market Definition: Global Anesthesia Monitoring Market
Anesthesia monitoring is a device which is specially designed so that is used to provide anesthetic gases, liquid and other substances to the patient and also help the healthcare provider to track and monitor the physiological condition of the patient. They are widely used in the surgical process so that they can check the patient response towards the anesthesia as they can cause many changes in the vital functions. Advanced anesthesia monitors, integrated anesthesia workstation, and basic anesthesia monitors are some of the common types of the anesthesia monitoring devices.
- Increasing number of surgeries will drive the growth of this market
- Rising incidences of chronic disease will also accelerate the market growth
- Advancement in automated record-keeping systems will also enhance the market growth
- Growing awareness among physicians about appropriate route of administration, right dose of anesthetic drug and choice of anesthetic drug will also drive the market growth
- High cost of the anesthesia monitoring devices will restrain the market growth
- Availability of the conventional techniques will also hamper the growth of this market
- Complexity associated with usage of anesthesia devices will also restrict the growth of this market
- Dearth of awareness among professional about device operation will also restrict the market growth
Segmentation: Global Anesthesia Monitoring Market
- Advanced Anesthesia Monitors
- Anesthesia Gas Monitors
- Depth of Anesthesia
- Standalone Capnography Monitors
- Other Monitors
- Basic Anesthesia Monitors
- Integrated Anesthesia Workstation
By End- User
- Ambulatory Surgery Centers
- North America
- Rest of Europe
- South Korea
- Rest of Asia-Pacific
- South America
- Rest of South America
- Middle East and Africa
- South Africa
- Rest of Middle East and Africa
Key Developments in the Market:
- In May 2016, Senzime announced that they have acquired Acacia Designs BV. This acquisition will help the company to strengthen them in the perioperative patient monitoring and Senzime will be able to add more products to their portfolio and provide advanced products to the healthcare products. With this acquisition, they will be able to provide patients with solution and products so they can track biological and physiological processes during or after any surgery
- In September 2015, BPL Medical Technologies announced the acquisition of Penlon Ltd. The main aim of the acquisition is to help the BPL to strengthen them in the global market. The technologies of the Penlol will also help the company to produce advanced anaesthesia machines and vaporizers and will expand their product development capabilities
Global anesthesia monitoring market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of anesthesia monitoring market for global, Europe, North America, Asia-Pacific, South America and Middle East & Africa.
Key Market Competitors:
Few of the major competitors currently working in the global anesthesia monitoring market are ACOMA Medical Industry Co., Ltd, BPL Medical Technologies, Danmeter ApS, Dixion distribution of medical devices GmbH, Drägerwerk AG & Co. KGaA, GENERAL ELECTRIC COMPANY, HEYER Medical AG, Infinium Medical, IRadimed Corporation, Löwenstein Medical GmbH & Co. KG, Medasense Biometrics Ltd., Medtronic, Shenzhen Mindray Bio-Medical Electronics Co., Ltd., NeuroWave Systems Inc., NIHON KOHDEN CORPORATION., Koninklijke Philips N.V., Absolute Medical Services, Inc., Nonin, Veterinary Anesthesia Systems, Inc., BD, CNSystems Medical Technology GmbH., Allied Medical Limited and others.
Research Methodology: Global Anesthesia Monitoring Market
Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analysed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please request an analyst call or can drop down your enquiry.
The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, other data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Top to Bottom Analysis and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
Demand Side: Doctors, Surgeons, Medical Consultants, Nurses, Hospital Buyers, Group Purchasing Organizations, Associations, Insurers, Medical Payers, Healthcare Authorities, Universities, Technological Writers, Scientists, Promoters, and Investors among others.
Supply Side: Product Managers, Marketing Managers, C-Level Executives, Distributors, Market Intelligence, and Regulatory Affairs Managers among others.
Reasons to Purchase this Report
- Current and future of global anesthesia monitoring market outlook in the developed and emerging markets
- The segment that is expected to dominate the market as well as the segment which holds highest CAGR in the forecast period
- Regions/Countries that are expected to witness the fastest growth rates during the forecast period
- The latest developments, market shares, and strategies that are employed by the major market players
Customization of the Report:
- All segmentation provided above in this report is represented at country level
- All products covered in the market, product volume and average selling prices will be included as customizable options which may incur no or minimal additional cost (depends on customization)