According to a new report, published by KBV research, The Global Anesthesia Equipment Market size is expected to reach $32.2 billion by 2030, rising at a market growth of 9.2% CAGR during the forecast period.
The Anesthesia Devices segment is leading the Global Anesthesia Equipment Market by Type in 2022 thereby, achieving a market value of $22.8 billion by 2030. In order to control pain, respiration, blood flow, blood pressure, and heart rate and rhythm, anesthesia equipment are utilized during surgical procedures. Due to the prevalence of numerous disorders, surgical operations are growing at a rapid pace worldwide. The demand for anesthesia devices anticipated to increase at an accelerated pace due to the large number of surgical procedures.
The Cardiology segment has shown the growth rate of 7.5% during (2023 - 2030). The role of anesthesiologists in cardiac catheterization laboratories has changed significantly over the past 20 years for both diagnostic and interventional procedures. The setting, people, echocardiography, fluoroscope, and type of radiocontrast dye used during the procedure must all be understood by anesthesiologists employed in catheterization labs. Because anesthesiologists must make every effort to limit the negative effects of anesthesia on the cardiovascular system, there is a growing need for high-end anesthetic equipment.
The Hospitals segment is generating the highest revenue share in the Global Anesthesia Equipment Market by End User in 2022 thereby, achieving a market value of $11.9 billion by 2030. This is explained by the rising investment in the healthcare industry. Numerous private businesses are making efforts to meet the demands of state-run healthcare institutions in important locations that are contemporary and well-equipped. Due to market demand, upcoming regulatory changes, and capital investments, the private hospital industry is anticipated to continue seeing stronger growth.
The North America market dominated the Global Anesthesia Equipment Market by Region in 2022 and would continue to be a dominant market till 2030; thereby, achieving a market value of $11.1 billion by 2030. The Europe market is experiencing a CAGR of 9% during (2023 - 2030). Additionally, The Asia Pacific market would showcase a CAGR of 9.9% during (2023 - 2030).
Full Report: https://www.kbvresearch.com/anesthesia-equipment-market/
The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country wise analysis in each discussed region. The key impacting factors of the market have been discussed in the report with the elaborated company profiles of Medtronic PLC, GE HealthCare Technologies, Inc., Koninklijke Philips N.V., Dragerwerk AG & Co. KGaA, Getinge AB, Ambu A/S, SunMed, LLC, Medline Industries, Inc., Penlon Ltd. (BPL Medical Technologies) and Heyer Medical AG (AEONMED Group).
By Type
By Application
By End User
By Geography
Companies Profiled