The anesthesia monitoring devices are used to check a patient's response toward anesthesia during Surgery. The introduction of new monitoring techniques, like monitoring the depth of anesthesia, goal-directed fluid therapy, advanced neurological monitoring, and improved warning device, are some advancements that are driving the growth of the anesthesia monitoring devices market. Furthermore, rising demand for pain-free surgeries is a key aspect to drive the growth of the market. For instance, the cesarean section is the most common surgery performed in the United States, with over 1 million women delivered by cesarean every year.
Additionally, low- and middle-income countries are also facing a rise in the number of surgeries, due to growing non-communicable diseases and injuries. Which further boosts the demand for anesthesia monitoring devices across the world. For example, according to the Obesity Surgery Society of India, India has seen 100-fold increase in weight-loss surgeries in the past 15 years, rising from just 200-odd in 2004 to more than 20,000 in 2019.
On the other hand, the high cost of devices and the presence of conventional techniques may hamper the growth of the anesthesia monitoring devices market. Besides, government funding sources and reimbursement facilities will support the market growth in the forthcoming years.
Anesthesia Monitoring Devices Market Segment Overview
The advanced anesthesia monitors segment has remarkable growth in the market because these monitors are more accurate and reliable in monitoring anesthesia. In addition, Anesthesia can be monitored with different methods, such as EEG Monitors, ECG, bi-spectral index (BIS) obtained from EEG, oxygen, and carbon dioxide analyzers, and temperature monitors. Other monitoring instruments can be used, depending on the type of surgeries, the type of anesthesia used, and the patient's condition. Moreover, the presence of skilled personnel in hospitals and the availability of advanced infrastructure will be open new ways for market development.
Anesthesia Monitoring Devices Market Regional Overview
North America commanded a major share, in terms of revenue, and is predictable to maintain its supremacy over the forecast period. Rising awareness among surgeons about the benefits of anesthesia monitoring devices. Also, growing technological developments in the healthcare sector boost the growth of the market in this region. Additionally, The Asia Pacific will show a high growth rate in the market. The large population base and the emerging healthcare network fuel the growth of anesthesia monitoring devices in this region.
Anesthesia Monitoring Devices Market Competitor overview
The report includes mergers & acquisitions, collaborations, and new product launches of leading players in the market.
· October 2020, Mindray, a global leader in the development of innovative healthcare technology, hosts a virtual launch event to introduce its brand new A9 and A8 anesthesia systems, which are now available in Europe and other selected regions.
· March 2020, GE announced the completion of the sale of its BioPharma business to Danaher Corporation for approximately $20 billion of net proceeds.
Anesthesia Monitoring Devices Market, Key Players
· Baxter International, Inc.
· Cardinal Health
· Draegerwerk AG & Co. KGaA
· GE Healthcare
· Heyer Medical AG,
· Intersurgical Limited
· Medtronic, Inc.
· Mindray Medical International Limited
· Nihon Kohden Corporation
· Philips Healthcare
· Smiths Medical, Inc.
Anesthesia Monitoring Devices Market Segmentation
Anesthesia Monitoring Devices Market, By Product
- Integrated Anesthesia Workstation
- Basic Anesthesia Monitors
- Others (IT Enabled)
- Advanced Anesthesia Monitors
- Gas Monitors
- Standalone Capnography Monitors
- Depth of anesthesia
- MRI Compatible Anesthesia Monitors
· Hospitals
· Ambulatory Surgical Centers
· Clinics And Nursing Homes
Anesthesia Monitoring Devices market, By Region
- North America
- US
- Canada
- Europe
- UK
- Germany
- France
- Italy
- Spain
- Rest of Europe
- Asia-Pacific
- Japan
- China
- India
- Australia
- South Korea
- Rest of Asia-Pacific
- South America
- Brazil
- Argentina
- Rest of South America
- Middle East and Africa
- GCC
- South Africa
- Rest of Middle East and Africa
1. Introduction
- 1.1. Research Scope
- 1.2. Market Segmentation
- 1.3. Research Methodology
- 1.4. Definitions and Assumptions
2. Executive Summary
3. Market Dynamics
- 3.1. Market Drivers
- 3.2. Market Restraints
- 3.3. Market Opportunities
4. Key Insights
- 4.1. Key Emerging Trends – For Major Countries
- 4.2. Latest Technological Advancement
- 4.3. Regulatory Landscape
- 4.4. Industry SWOT Analysis
- 4.5. Porters Five Forces Analysis
5. Global Anesthesia Monitoring DevicesMarket Analysis (USD Billion), Insights and Forecast, 2020-2027
- 5.1. Key Findings / Summary
- 5.2. Market Analysis, Insights and Forecast – By Product
- 5.2.1. Integrated Anesthesia Workstation
- 5.2.2. Basic Anesthesia Monitors
- 5.2.3. Others (It Enabled)
- 5.2.4. Advanced Anesthesia Monitors
- 5.2.4.1. Gas Monitors
- 5.2.4.2. Standalone Capnography Monitors
- 5.2.4.3. Depth of anesthesia
- 5.2.4.4. MRI Compatible Anesthesia Monitors
- 5.3.1. Hospitals
- 5.3.2. Ambulatory Surgical Centers
- 5.3.3. Clinics And Nursing Homes
- 5.4.1. North America
- 5.4.2. Latin America
- 5.4.3. Europe
- 5.4.4. Asia Pacific
- 5.4.5. Middle East and Africa
6. North America Anesthesia Monitoring DevicesMarket Analysis (USD Billion), Insights and Forecast, 2020-2027
- 6.1. Key Findings / Summary
- 6.2. Market Analysis, Insights and Forecast – By Product
- 6.2.1. Integrated Anesthesia Workstation
- 6.2.2. Basic Anesthesia Monitors
- 6.2.3. Others (It Enabled)
- 6.2.4. Advanced Anesthesia Monitors
- 6.2.4.1. Gas Monitors
- 6.2.4.2. Standalone Capnography Monitors
- 6.2.4.3. Depth of anesthesia
- 6.2.4.4. MRI Compatible Anesthesia Monitors
- 6.3.1. Hospitals
- 6.3.2. Ambulatory Surgical Centers
- 6.3.3. Clinics And Nursing Homes
- 6.4.1. U.S.
- 6.4.2. Canada
7. Latin America Anesthesia Monitoring DevicesMarket Analysis (USD Billion), Insights and Forecast, 2020-2027
- 7.1. Key Findings / Summary
- 7.2. Market Analysis, Insights and Forecast – By Product
- 7.2.1. Integrated Anesthesia Workstation
- 7.2.2. Basic Anesthesia Monitors
- 7.2.3. Others (It Enabled)
- 7.2.4. Advanced Anesthesia Monitors
- 7.2.4.1. Gas Monitors
- 7.2.4.2. Standalone Capnography Monitors
- 7.2.4.3. Depth of anesthesia
- 7.2.4.4. MRI Compatible Anesthesia Monitors
- 7.3.1. Hospitals
- 7.3.2. Ambulatory Surgical Centers
- 7.3.3. Clinics And Nursing Homes
- 7.4.1. Brazil
- 7.4.2. Mexico
- 7.4.3. Rest of Latin America
8. Europe Anesthesia Monitoring DevicesMarket Analysis (USD Billion), Insights and Forecast, 2020-2027
- 8.1. Key Findings / Summary
- 8.2. Market Analysis, Insights and Forecast – By Product
- 8.2.1. Integrated Anesthesia Workstation
- 8.2.2. Basic Anesthesia Monitors
- 8.2.3. Others (It Enabled)
- 8.2.4. Advanced Anesthesia Monitors
- 8.2.4.1. Gas Monitors
- 8.2.4.2. Standalone Capnography Monitors
- 8.2.4.3. Depth of anesthesia
- 8.2.4.4. MRI Compatible Anesthesia Monitors
- 8.3.1. Hospitals
- 8.3.2. Ambulatory Surgical Centers
- 8.3.3. Clinics And Nursing Homes
- 8.4.1. UK
- 8.4.2. Germany
- 8.4.3. France
- 8.4.4. Italy
- 8.4.5. Spain
- 8.4.6. Russia
- 8.4.7. Rest of Europe
9. Asia Pacific Anesthesia Monitoring Devices Market Analysis (USD Billion), Insights and Forecast, 2020-2027
- 9.1. Key Findings / Summary
- 9.2. Market Analysis, Insights and Forecast – By Product
- 9.2.1. Integrated Anesthesia Workstation
- 9.2.2. Basic Anesthesia Monitors
- 9.2.3. Others (It Enabled)
- 9.2.4. Advanced Anesthesia Monitors
- 9.2.4.1. Gas Monitors
- 9.2.4.2. Standalone Capnography Monitors
- 9.2.4.3. Depth of anesthesia
- 9.2.4.4. MRI Compatible Anesthesia Monitors
- 9.3.1. Hospitals
- 9.3.2. Ambulatory Surgical Centers
- 9.3.3. Clinics And Nursing Homes
- 9.4.1. China
- 9.4.2. India
- 9.4.3. Japan
- 9.4.4. Australia
- 9.4.5. South East Asia
- 9.4.6. Rest of Asia Pacific
10. Middle East & Africa Anesthesia Monitoring Devices Market Analysis (USD Billion), Insights and Forecast, 2020-2027
- 10.1. Key Findings / Summary
- 10.2. Market Analysis, Insights and Forecast – By Product
- 10.2.1. Integrated Anesthesia Workstation
- 10.2.2. Basic Anesthesia Monitors
- 10.2.3. Others (It Enabled)
- 10.2.4. Advanced Anesthesia Monitors
- 10.2.4.1. Gas Monitors
- 10.2.4.2. Standalone Capnography Monitors
- 10.2.4.3. Depth of anesthesia
- 10.2.4.4. MRI Compatible Anesthesia Monitors
- 10.3.1. Hospitals
- 10.3.2. Ambulatory Surgical Centers
- 10.3.3. Clinics And Nursing Homes
- 10.4.1. GCC
- 10.4.2. South Africa
- 10.4.3. Rest of Middle East & Africa
11. Competitive Analysis
- 11.1. Company Market Share Analysis, 2018
- 11.2. Key Industry Developments
- 11.3. Company Profile
- 11.4. Baxter International, Inc.
- 11.4.1. Business Overview
- 11.4.2. Segment 1 & Service Offering
- 11.4.3. Overall Revenue
- 11.4.4. Geographic Presence
- 11.4.5. Recent Development
- 11.5. Cardinal Health
- 11.6. Draegerwerk AG & Co. KGaA
- 11.7. GE Healthcare
- 11.8. Heyer Medical AG,
- 11.9. Intersurgical Limited
- 11.10. Medtronic, Inc.
- 11.11. Mindray Medical International Limited
- 11.12. Nihon Kohden Corporation
- 11.13. Philips Healthcare
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In this particular report from the supply side Data Library Research has conducted primary surveys (interviews) with the key level executives (VP, CEO’s, Marketing Director, Business Development Manager and SOFT) of the companies that active & prominent as well as the midsized organization
FIGURE 1: DLR RESEARH PROCESS
Extensive primary research was conducted to gain a deeper insight of the market and industry performance. The analysis is based on both primary and secondary research as well as years of professional expertise in the respective industries.
In addition to analysing current and historical trends, our analysts predict where the market is headed over the next five years.
It varies by segment for these categories geographically presented in the list of market tables. Speaking about this particular report we have conducted primary surveys (interviews) with the key level executives (VP, CEO’s, Marketing Director, Business Development Manager and many more) of the major players active in the market.
Secondary ResearchSecondary research was mainly used to collect and identify information useful for the extensive, technical, market-oriented, and Friend’s study of the Global Extra Neutral Alcohol. It was also used to obtain key information about major players, market classification and segmentation according to the industry trends, geographical markets, and developments related to the market and technology perspectives. For this study, analysts have gathered information from various credible sources, such as annual reports, sec filings, journals, white papers, SOFT presentations, and company web sites.
Market Size EstimationBoth, top-down and bottom-up approaches were used to estimate and validate the size of the Global market and to estimate the size of various other dependent submarkets in the overall Extra Neutral Alcohol. The key players in the market were identified through secondary research and their market contributions in the respective geographies were determined through primary and secondary research.
Forecast Model
