February, 21st - 1 year ago
The report "GLOBAL ANESTHESIA MONITORING DEVICES MARKET”: Segmentation By Product (Basic Anesthesia, Integrated Anesthesia and Advanced Anesthesia (Anesthesia Gas Monitors, Standalone Capnography Monitor and Mri Compatible Monitors)), By End-User (Hospitals, Ambulatory Surgical Centers, Clinics And Nursing Homes) & By Geography (Asia Pacific, North America, Europe, Middle East And Africa, South America) – Forecast and Estimation (2018-2024). The Global Anesthesia Monitoring Devices market is estimated to be USD 11.58 Billion in 2018 and is expected to reach USD 14.16 Billion by 2024 at a CAGR of 3.7%. Anesthesia is a term, which refers insensitivity to pain. It is used to induce unconsciousness during a surgery. The anesthesia monitoring devices are used to check a patient's response toward anesthesia during a surgical process and requirement changes from case to case accordingly. Download a free sample report @ https://www.envisioninteligence.com/industry-report/anesthesia-monitoring-devices-market/ Advanced anesthesia monitoring segment is anticipated to dominate over the coming years Anesthesia monitoring devices market by product is categorized into basic anesthesia, advanced anesthesia and integrated anesthesia in which advanced anesthesia monitors are subdivided into anesthesia gas monitors, standalone capnography monitors and MRI compatible anesthesia monitoring devices. Among which anesthesia gas monitor holds the largest share owing to the durability, reliability, and accuracy which will increase anesthesia equipment sales. Availability of these advanced systems coupled with the presence of skilled personnel contributes towards profitable growth in this segment. These are more reliable and augmented adoption of these devices during the forecast period (2018-2024). Hospitals and ambulatory service centers are accounted for the remunerative growth in global anesthesia monitoring devices market Anesthesia monitoring devices market by end users is categorized into hospitals, ambulatory service centers, clinics and others. Hospitals are accounted for the major growth, as there is an inclination of advanced diagnostic & therapeutic medical technologies that enable both faster and accurate diagnosis. A number of ambulatory service centers with well-equipped, advanced infrastructure and skilled professionals are driving the anesthesia recording and monitoring devices market. North America is accounted for the major market in global anesthesia monitoring devices market. North America is expected to have a major share in global anesthesia and respiratory devices market owing to the increased patient safety and awareness among doctors and patients for low flow anesthetic agents. Growing number of surgeries, which raised awareness among surgeons about the benefits of anesthesia monitoring devices and even due to extensive technological advancements, the presence of well-developed healthcare settings and favorable reimbursement network are driving the market in this region. Anesthesia monitoring devices market overview reveals the prominent players in the market includes Medtronic Plc, GE healthcare, Philips healthcare, Mindray medical international Ltd and others.