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Anesthesia Devices Market Recent Developments & Emerging Trends To 2027

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The anesthesia devices market size is estimated to expand at a high CAGR during the forecast period, 2021–2028. The growth of the market is attributed to the increasing use of anesthetic devices in surgical procedures.

One of the most important aspects of any surgical operation is anesthesia. Temporary unconsciousness and the lack of defensive reflexes are caused by anesthesia. General anesthetics block the central nervous system and cause a total loss of feeling. During a surgical procedure, anesthetic devices are used to provide anesthetic drugs and monitor a patient's response to anesthesia.

The use of anesthesia devices is determined by the type of operation being performed. These devices aid the anesthetist in delivering, controlling, and monitoring anesthetic doses. During surgical operations, anesthesia devices are used to manage pain, respiration, blood pressure, blood flow, and heart rate and rhythm. Anesthesia can lead to analgesia (pain reduction or prevention), muscle relaxation, loss of memory, or unconsciousness.

Key Players Covered in the Report

  1. Braun Melsungen AG, Medtronic PLC, Draegerwerk AG, Koninklijke Philips NV, and Fisher & Paykel Healthcare.

Anesthesia Devices Market Segment Insights

Based on product types, the market is segmented into anesthesia machines. The anesthesia machines segment is further divided into anesthesia workstation, anesthesia delivery machines, anesthesia ventilators, and anesthesia monitors. The anesthesia delivery machines sub-segment is segregated into portable and standalone. The anesthesia monitors sub-segment is expected to account for a key market share during the forecast period owing to introduction of new monitoring techniques, such as monitoring the depth of anesthesia, goal-directed fluid therapy, advanced neurological monitoring, improved alarm system, and technological advancements in objective pain assessment. Anesthesia monitors are used to track and show the distribution of anesthetic chemicals in the body. During surgery, they are utilized to monitor the patient's health and response to the anesthetic indication.

On the basis of disposables & accessories, the market is classified as anesthesia circuits (breathing circuits), anesthesia masks, endotracheal tubes (ETTs), laryngeal mask airways (LMAs), and others. The endotracheal tubes (ETTs) segment is expected to register a robust CAGR during the forecast period due to adoption of latest technology.

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In terms of regions, the market is classified as Asia Pacific, North America, Latin America, Europe, and Middle East & Africa. North America is anticipated to dominate the market during the forecast period. In this region, the US is expected to hold a large market share due to the rising number of operations, both open and minimally invasive, which has been attributed to rising number of illnesses such as obesity, cardiovascular issues, and various forms of malignancies. Increasing number of minimally invasive surgeries due to rising prevalence of chronic diseases is anticipated to boost the growth of the anesthesia devices market in the region.

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