The Europe Anesthesia Device Market would witness market growth of 7.6% CAGR during the forecast period (2021-2027).
The surgeons or anesthesiologists are required to properly understand various information outputs, & integrate and respond to them quickly & accurately. The anesthesia information management system helps in maintaining records automatically. This reduces the time consumed in maintaining manual records during surgery and eliminates the disturbance caused to surgeons for record keeping along with the risk of recording inaccurate data. Due to this, a large number of anesthesiologists are shifting towards the use of anesthesia information management systems.
The number of graft bypass surgeries is also increasing in various developed regions. Some of the anesthesia devices such as anesthesia delivery machines and anesthesia monitors are witnessing high demand in the market. Because of this, the adoption of anesthesia delivery machines during surgical operations is increasing along with that, introduction of latest monitoring techniques, like monitoring the depth of anesthesia, advanced neurological; monitoring, technological advancement in objective pain assessment, and goal directed fluid therapy would also support the market
The increasing investment by the government in the health care industry and development of technologically advanced anesthesia machines & techniques as fueling the growth of the market. Additionally, many people suffered from breathing problems and also other respiratory issues are grown in the United Kingdom due to high cases of COVID-19 in 2020 which resulted in high demand for anesthesia circuits. Also, the high cases of COVID-19 cases have increased the attention of NHS to provide more efficient health care.
The number of cancer cases in the England is rapidly increasing which includes various kind of cancer such as breast, prostate, colorectal and lung cancer. The number of new cancer cases in England continues to climb, with 303,135 malignancies documented in 2016 (excluding non-melanoma skin cancers); this equates to 828 new cases diagnosed every day in 2016, as per the data by UK government.
The Germany market dominated the Europe Anesthesia Devices Market by Country 2020, and would continue to be a dominant market till 2027; thereby, achieving a market value of $1,373.6 million by 2027. The UK market is exhibiting a CAGR of 6.7% during (2021 - 2027). Additionally, The France market would witness a CAGR of 8.3% during (2021 - 2027).
Based on End User, the market is segmented into Hospital, Clinics, and Ambulatory Service Centres. Based on Product, the market is segmented into Anesthesia Delivery Machine, Anesthesia Monitors, Anesthesia Information Management Systems (AIMS), and Anesthesia Disposables & Accessories. Further, based on Anesthesia Disposables & Accessories type, the market is segmented into Anesthesia Masks, Anesthesia Circuits, Laryngoscopes, HME, and Others. Based on Application, the market is segmented into Orthopedics, Dental, Cardiology, Urology, Ophthalmology, and Others. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
Free Valuable Insights: The Global Anesthesia Devices Market Size will Hit $21.4 Billion by 2027, at a CAGR of 8%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Ambu A/S, General Electric (GE) Co., Becton, Dickinson and Company, Koninklijke Philips N.V., Dragerwerk AG & Co. KGaA, Smith & Nephew PLC, SunMed, LLC, 3M Company, Teleflex, Inc., and B. Braun Melsungen AG.
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