Registering a CAGR of 10.7% over the forecast period, the market value of Anesthesia Monitoring Devices is expected to reach US$ 26380.50 million in the year 2027.
A medical monitor is a medical device that is used to monitor patients. It is made up of one or more sensors as well as processing components. Anesthesia causes pain insensitivity and is used to render a patient unconscious during surgery. During the surgical procedure, advanced anesthesia monitoring devices are used to assess the patient's response to anesthesia. The growing number of surgeries around the world is driving the growth of the market for advanced anesthesia monitoring devices. Furthermore, continuous development in the field of anesthesia monitoring devices and increasing demand for better monitoring devices have pushed the market forward.
The global anesthesia monitoring devices market can be divided into two parts: products and end-users. It is divided into four product categories: integrated anesthesia workstations, basic anesthesia monitors, others (IT enabled), and advanced anesthesia monitors. Gas monitors, standalone capnography monitors, depth of anesthesia monitors, and MRI-compatible anesthesia monitors are the four types of advanced anesthesia monitors. These devices provide more accurate and dependable anesthesia monitoring. EEG monitors, ECG, bi-spectral index (BIS) obtained from EEG, oxygen, and carbon dioxide analyzers, and temperature monitors are some of the methods used to monitor anesthesia. Other monitoring devices may be used depending on the patient's condition, the type of surgical procedure, and the type of anesthesia used.
Individuals' life expectancy has increased as a result of new surgical procedures. The geriatric population is predisposed to degenerative diseases and chronic illnesses, resulting in an increased reliance on surgeries and therapeutics. As a result of the increased demand for continuous monitoring, the anesthesia monitoring devices market is expected to expand. The integrated devices with decision support systems and advanced monitoring capabilities not only monitor complex parameters such as inhalation anesthetics, end-tidal carbon dioxide, oxygen levels, and transcutaneous oxygen saturation but also provide data analysis to assist clinicians in making surgical and therapeutic intervention decisions.
The global Anesthesia Monitoring Devices include the identification and analysis of the various market participants competing in the global market. Prominent competitors include Mindray Medical International Limited, Drägerwerk AG (ETR: DRW8), GE Healthcare, Koninklijke Philips N.V. (AMS: PHIA), Schiller AG, Criticare Systems, Inc., HEYER Medical AG, Infinium Medical, Inc., Siare Engineering International Group S.r.l., Nihon Kohden Corporation and others.
BioIntelliSense Introduces the New BioButton® Rechargeable Wearable Device for Continuous Medical Grade Monitoring of 20+ Vital Signs and Biometrics.
March 15, 2022 – With the commercial launch of its medical-grade BioButton® Rechargeable wearable device, BioIntelliSense, Inc., a continuous health monitoring and clinical intelligence company, expands its commitment to creating a new standard of remote patient care. The new BioButton Rechargeable device can monitor a wide range of 20+ vital signs and physiologic biometrics continuously for up to 30 days on a single charge. The device's extensive set of leading indicators enables the early identification and detection of negative trends, improving patient monitoring safety and efficacy from the hospital to the home.
The market is segmented based on the type, applications, companies, and regions.
By Type, it is segmented into
By Application, it is segmented into
North America is thought to have the largest anesthesia monitoring device market due to the increasing number of surgeries, which has raised surgeon awareness of the benefits of anesthesia monitoring devices. In addition, because of extensive technological advancements and rising market competition, there is a demand for sophisticated and consistent technological advancements for better results. The Asia Pacific is also expected to grow rapidly due to the unmet needs of a large population and a developing healthcare network, which will drive the growth of anesthesia monitoring devices in this region. Furthermore, reimbursement facilities, government funding sources, and increased healthcare awareness have made advanced techniques in anesthesia monitoring more accessible.
The Anesthesia Monitoring Devices Market describes the factors driving the global growth opportunities in upcoming years and highlights market channels. In addition, the report analyzes market size and share, trends, by geographic region, end-use type, and segment. It focuses extensively on revealing a detailed regional analysis. The Global Anesthesia Monitoring Devices Market report also conducted a PESTEL analysis of the industry to study the main influencing factors and entry barriers of the industry.
Scope of the Report covers the Anesthesia Monitoring Devices Market with a detailed analysis of the overall scenario for the market. It also highlights the business participants’ environment in the global marketplace. This report also provides an overview of leading companies covering the latest successful marketing strategies, market contributions, current and historical background, and latest market happenings to help key organizations to grow and generate larger profits. Business players will greatly benefit from this Anesthesia Monitoring Devices Market analysis report as it has vital details to provide about regional markets and expected opportunities for the prediction time period 2022-2027. Growth between segments is used to understand the different growth factors that are expected to dominate the market as a whole and to develop strategies to differentiate between key applications and target markets. It further reveals how the worldwide market is working through efficient information graphics.
Report Attributes | Report Details |
Report Title | Anesthesia Monitoring Devices Market - Global Growth, Trends and Forecast (2022 - 2027) By Types, By Application, By Regions, and By Key Players: Mindray Medical International Limited, Drägerwerk AG (ETR: DRW8), GE Healthcare |
Forecast Period 2022 to 2027 CAGR | CAGR of 10.7% over the forecast period (2022-2027) |
By Type |
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By Application |
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By Companies | Mindray Medical International Limited, Drägerwerk AG, GE Healthcare, Koninklijke Philips N.V., Schiller AG, Criticare Systems, Inc., HEYER Medical AG, Infinium Medical, Inc., Siare Engineering International Group S.r.l., Nihon Kohden Corporation |
Regions Covered |
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Countries Covered |
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Base Year | 2022 |
Historical Year | 2017 to 2021 |
Forecast Year | 2022 to 2027 |
Number of Pages | 105 |
Customization Available | Yes, the report can be customized as per your needs |
What is the study period of this market?
The Anesthesia Monitoring Devices Market is studied from 2017 - 2027.
What is the growth rate of the Anesthesia Monitoring Devices Market?
The Anesthesia Monitoring Devices Market is growing at a CAGR of 10.7% over the next 5 years.
Who are the key players in Anesthesia Monitoring Devices Market?
Mindray Medical International Limited, Drägerwerk AG, GE Healthcare, Koninklijke Philips N.V., Schiller AG, Criticare Systems, Inc., HEYER Medical AG, Infinium Medical, Inc., Siare Engineering International Group S.r.l., Nihon Kohden Corporation
What regions does this Anesthesia Monitoring Devices Market report cover?
North America (the United States, Canada, and Mexico)
Europe (Germany, France, UK, Russia, and Italy)
Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)
South America (Brazil, Argentina, Colombia, etc.)
The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa)
What are the significant types of Anesthesia Monitoring Devices Market?
Advanced Anesthesia Monitors, Basic Anesthesia Monitors, Integrated Anesthesia Monitors
What are the major end-use applications of the Anesthesia Monitoring Devices Market?
Hospitals, Ambulatory Surgery Centers
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SECONDARY RESEARCH
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