North America Anesthesia Devices Market, By Product (Anesthesia Delivery Machines, Anesthesia Disposables and Accessories, Anesthesia Monitors and Anesthesia Information Management Systems (Aims)), Type (General Anesthesia and Local Anesthesia), Application (Cardiology, Neurology, Dental, Ophthalmology, Urology, Orthopaedics and Others), End User (Hospitals, Ambulatory Service Centres, Clinics and Others), Country (U.S., Canada and Mexico) Industry Trends and Forecast to 2028
Data Bridge Market Research analyses that the North America anesthesia devices market will exhibit a CAGR of around 8.88% for the forecast period of 2021-2028. Rising number of surgeries demanding anesthesia, increased focus on research and development proficiencies in regards to medical devices and on the adoption of advanced healthcare technologies, and rising expenditure on the healthcare infrastructure development especially in the developing economies are the major factors attributable to the growth of anesthesia devices market.
From the name itself, it is clear that anesthesia devices are the medical devices that are used to control pain, breathing, blood pressure, blood flow, and heart rate and rhythm during the surgical procedures. Anesthesia devices are used to bring loss of sensation or awareness in patients.
Upsurge in the prevalence of a coronary respiratory diseases globally are the major factors fostering the growth of the market. Rising focus on the healthcare technological advancements coupled with growing premature birth rates is another market growth determinant. Rising number of hospitals and diagnostic centres and ever-rising geriatric population will further generate lucrative market growth opportunities.
However, high cost of equipment will derail the market growth rate. Lack of medical experts especially in the developing and underdeveloped economies will further pose challenges for the market. Also, complications associated with the systems will also hamper the market growth rate.
This North America anesthesia devices market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on North America anesthesia devices market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
North America Anesthesia Devices Market Scope and Market Size
The North America anesthesia devices market is segmented on the basis of product type, application and end user. The growth amongst these segments will help you analyse meagre growth segments in the industries, and provide the users with valuable market overview and market insights to help them in making strategic decisions for identification of core market applications.
- The product segment of the anesthesia devices market is segmented into anesthesia devices, respiratory devices, anesthesia disposables and accessories and anesthesia information management systems (AIMS). Anesthesia disposables and accessories segment is sub-segmented into anesthesia circuits (breathing circuits), anesthesia masks, endotracheal tubes (ETTs) and laryngeal mask airways (LMAs).
- Based on type, the anesthesia devices market is segmented into general anesthesia and local anesthesia.
- On the basis of application, the anesthesia devices market is segmented into cardiology, neurology, dental, ophthalmology, urology, orthopaedics and others.
- The anesthesia devices market has also been segmented based on the end user into hospitals, ambulatory service centres, clinics and others.
North America Anesthesia Devices Market Country Level Analysis
The North America anesthesia devices market is analysed and market size insights and trends are provided by country, product type, application and end user as referenced above.
The countries covered in the North America anesthesia devices market report are U.S., Canada and Mexico.
The country section of the North America anesthesia devices market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Healthcare infrastructure growth installed base and new technology penetration
The North America anesthesia devices market also provides you with detailed market analysis for every country growth in healthcare expenditure for capital equipment, installed base of different kind of products for North America anesthesia devices market, impact of technology using life line curves and changes in healthcare regulatory scenarios and their impact on the North America anesthesia devices market. The data is available for historic period 2010 to 2019.
Competitive Landscape and North America Anesthesia Devices Market Share Analysis
The North America anesthesia devices market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to North America anesthesia devices market.
The major players covered in the North America anesthesia instruments market report are Medtronic, Drägerwerk AG & Co. KGaA, GENERAL ELECTRIC COMPANY, ACOMA Medical Industry Co., Ltd, BPL Medical Technologies, Danmeter ApS, Dixion distribution of medical devices GmbH, HEYER Medical AG, Infinium Medical, IRadimed Corporation., Löwenstein Medical Technology GmbH + Co. KG., Medasense Biometrics Ltd., Shenzhen Mindray Bio-Medical Electronics Co., Ltd., NeuroWave Systems Inc., NIHON KOHDEN CORPORATION., Koninklijke Philips N.V., BD, Absolute Medical Services, Inc.., Nonin and Veterinary Anesthesia Systems, Inc., among other domestic and global players. Market share data is available for Global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.