The global anaesthesia machines market is thriving due to increased surgical procedures worldwide. These machines are essential for precise anaesthetic administration, with ongoing innovations enhancing patient safety and surgical efficiency through integrated monitoring and automated systems. Market players are actively innovating and forming strategic partnerships to meet evolving healthcare needs.
NEWARK, Del., Sept. 27, 2023 /PRNewswire/ -- Anaesthesia machines market is projected to reach US$ 11.73 billion in 2023 and US$ 27 billion by 2033. Between 2023 and 2033, the market is expected to register a growth rate of 8.6%. Geopolitics, trade policy, and anaesthesia machine reserves can influence the supply and availability of anesthesia machines. As healthcare infrastructure expands in emerging markets, anesthesia machines are in demand, not only in developed countries.
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Anesthesiologists can guide primary health care providers in remote areas through anesthesia machines and telemedicine platforms. As a result, the market can be expanded significantly. Anesthesia solutions tailored to specific needs are in demand by healthcare providers. Depending on the healthcare facility, manufacturers can offer customized options.
Anesthesia machines must be reliable and long-lasting for healthcare providers to provide safe patient care. Manufacturers can stay competitive and meet evolving healthcare demands by investing in research and development to develop cost-effective anesthesia solutions.
The need for portable anesthesia equipment arises from patients who prefer minimally invasive procedures or surgeries. Some healthcare settings may benefit from anesthesia machines, particularly when considering maintenance and space requirements.
Developing new products and expanding markets can be done by collaborating with research organizations, healthcare institutions, and technology companies. Changes in healthcare regulations and standards can impact the design and features of anesthesia machines. Keeping up with these regulations is essential for manufacturers to remain competitive.
Key Takeaways from the Anaesthesia Machine Market Study
- Anaesthesia machine demand in the United Kingdom is expected to expand at a CAGR of 2.8% from 2023 to 2033.
- From 2023 until 2033, the market in the United States is estimated to reach US$ 1.8 billion.
- The portable anaesthesia machines segment is expected to grow at a rate of 5.3% over the forecast period.
- Between 2023 and 2033, China is predicted to expand by 3.7%.
- Anaesthesia machines in India are expected to see a growth rate of 4% until 2033.
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Report Coverage:
Attributes | Details | ||
Estimated Market Size in 2023 | US$ 11.73 billion | ||
Projected Market Valuation in 2033 | US$ 27 billion | ||
Value-based CAGR 2023 to 2033 | 8.6 % | ||
Forecast Period | 2023 to 2033 | ||
Historical Data Available for | 2018 to 2022 | ||
Market Analysis | Value in US$ billion | ||
Key Market Segments Covered |
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Key Countries Profiled |
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Key Companies Profiled |
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"Growing hospital infrastructure and the need for highly equipped devices will likely increase the demand for anaesthesia machines. A rising number of chronic diseases and surgeries will drive the market," opines Sabyasachi Ghosh (Associate Vice President at Future Market Insights, Inc.)
Competitive Landscape
Global demand for anaesthesia machines has increased dramatically. A more cost-effective and expanded service offering will enable the company to compete in increasingly competitive markets.
Market Developments Include
- In August 2023, Mindray, a global leader in medical devices, launched new upgrades to the A7 and A5 anaesthesia systems as part of its A-Series Anaesthesia series. These enhancements during the forecast period make anaesthesiologists more efficient and precise in delivering anaesthesia, improving patient safety.
- In September 2023, Mulago Hospital purchased a new capnography device to enhance the department's medical services. Patients' monitoring will be revolutionized with the introduction of Smile Train Life Box capnography. Every breath is closely monitored to ensure that the tube is positioned correctly. In addition to providing real-time oxygen and carbon dioxide measurements, the capnograph offers real-time patient oxygenation and deoxygenation information.
More Valuable Insights Available from FMI on Anaesthesia Machines
Future Market Insights offers an unbiased global market analysis, providing historical data for 2018 to 2022 and forecast statistics from 2023 to 2033.
To understand opportunities in the anaesthesia machines market, the market is segmented based on modality (Standalone Anaesthesia Machines and Portable Anaesthesia Machines), application (Hospitals, Surgical Ambulatory Centres, Clinics, Nursing Facilities), and Region (North America, Latin America, Western Europe, Eastern Europe, South Asia and Pacific, East Asia, Middle East, and Africa).
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About the Healthcare Division at Future Market Insights
The healthcare team at Future Market Insights offers expert analysis, time-efficient research, and strategic recommendations to provide authentic insights and accurate results to help clients worldwide. With over 100+ reports and one billion+ data points, the team has analyzed the industry lucidly in 50+ countries for over a decade. The team briefly analyzes key trends, including competitive landscape, profit margin, and research development efforts.
About the Author:
Sabyasachi Ghosh (Associate Vice President at Future Market Insights, Inc.) holds over 12 years of experience in the Healthcare, Medical Devices, and Pharmaceutical industries. His curious and analytical nature helped him shape his career as a researcher.
Identifying key challenges faced by clients and devising robust, hypothesis-based solutions to empower them with strategic decision-making capabilities come naturally to him. His primary expertise lies in areas such as Market Entry and Expansion Strategy, Feasibility Studies, Competitive Intelligence, and Strategic Transformation.
Holding a degree in Microbiology, Sabyasachi has authored numerous publications and has been cited in journals, including The Journal of mHealth, ITN Online, and Spinal Surgery News.
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About Future Market Insights (FMI)
Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 5000 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.
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