Anesthesia Monitoring Devices Market
Global Anesthesia Monitoring Devices Market Size, Share & Trends Analysis Report by Monitoring Required (Oxygenation, Ventilation, Circulation, and Temperature), By Products (Basic Anesthesia Monitors, Advanced Anesthesia Monitors, and Integrated Anesthesia Workstations), By End-User (Hospitals, Clinics, and Others), and Forecast 2021-2027 Update Available - Forecast 2024-2030
The global anesthesia monitoring devices market is anticipated to grow at a CAGR of 12.0% during the forecast period (2021-2027). Anesthesia monitoring devices are a diverse group of devices that track the delivery of fluids, medications, and gases to a patient. The devices assist in the monitoring and measurement of patients' vital signs to ensure their wellbeing. The increase in the global geriatric population, as well as the rising rate of surgeries, is the primary driving factor of the market. For instance, according to the United Nation, in 2019, there were around 703 million people with age of over 65 years, and it is estimated to have around 1.5 billion in 2050, across the globe.
Anesthesia monitors have become more widely used as a result of physician acceptance and awareness of the devices. Furthermore, the market is being propelled by the demand for safe and standard equipment and medical facilities, which is at an all-time high. Around 28.4 million surgeries were postponed by May 2020, as per the British Journal of Surgery. Thus, the main factor that is likely to hamper the use of anesthesia monitoring instruments is the halt of surgical procedures. The government's continued support in terms of funding and supportive legislation would create significant opportunities for the anesthesia monitoring devices market to expand.
Impact of COVID-19 on Global Anesthesia Monitoring Devices Market
During the COVID-19 pandemic, the global anesthesia monitoring device market is hit since December 2019. The number of surgeries has significantly declined during the pandemic, due to the strict guidelines by the regulatory authorities to avoid all non-emergent surgeries. Acute surgical emergencies were always unavoidable; however, they were dealt with in a timely and prudent manner. According to a study published in the British Journal of Surgery, an estimated 585,000 elective surgeries were postponed in India alone during the 12-week lockdown, and 28.4 million elective surgeries are canceled or postponed globally till May 2020. The doctor’s frontline warriors fighting against COVID-19, all other treatment procedures were postponed except emergency cases. The COVID-19 pandemic shows severe symptoms in people, who are already suffering from chronic disease. This has impacted that people did not visit the hospital not to get exposed to the virus. The market will witness fast growth soon owing to the restart of emergency surgeries in major economies.
Segmental Outlook
The global anesthesia monitoring devices market is segmented based on monitoring required, products, and end-user. Based on the monitoring required, the market is segmented into oxygenation, ventilation, circulation, and temperature. Based on the products, the market is segmented into basic anesthesia monitors, advanced anesthesia monitors, and integrated anesthesia workstations. Besides, basic anesthesia monitors are segmented into pulse oximetry, capnography, and others (ECG, and EKG). Apart from it, based on the end-user, the market is segmented into hospitals, clinics, and others. In addition to it, others are bifurcated into the ambulance, and patient home.
Global Anesthesia Monitoring Devices Market Share by Products, 2020 (%)
Advanced Anesthesia Monitors segment is to dominate the Global Anesthesia Monitoring Device Market
The global anesthesia monitoring device market is segmented into monitoring required, products, and end-user. Among the products segment, the advanced anesthesia monitors segment held the major share in 2020 and is also anticipated to grow during the forecast period. The factors due to which rising the demand for advanced anesthesia monitoring device include more accuracy, durability, and reliability in monitoring anesthesia. Furthermore, advanced monitoring systems assist in the monitoring of critical parameters such as oxygen saturation, carbon dioxide levels, heart rate, and blood pressure, driving demand during the forecast period.
Regional Outlooks
The global anesthesia monitoring devices market is further segmented based on geography including North America (the US, and Canada), Europe (Germany, Italy, France, Spain, and Rest of Europe), Asia-Pacific (India, China, Japan, and the Rest of Asia-Pacific), and the Rest of the World. North America holds a dominant position in the global anesthesia monitoring devices market, followed by Europe. The growth is mainly due to a steady rise in the number of illnesses, such as obesity, cardiovascular disorders, and various forms of cancers, which has led to an increase in the number of open and minimally invasive procedures. The growth of the anesthesia monitoring devices market has been aided by the rise in the number of minimally invasive surgeries for chronic diseases.
Global Anesthesia Monitoring Devices Market Growth, by Region 2021-2027
Asia-Pacific is projected to have a considerable growth in the global Anesthesia Monitoring Devices market
Asia-Pacific is anticipated to hold a considerable market growth in the global anesthesia monitoring devices market. The unmet needs of the region's large population base, as well as the region's expanding healthcare network, are expected to propel the growth of the market in the region during the forecast period. Additionally, the continuous development of the anesthesia monitoring device by the players is to drive the growth of the market in the region.
Market Players Outlook
The key players of the global anesthesia monitoring devices market include Masimo Corp., Fukuda Denshi Co. Ltd., Infinium Medical, Inc., Medtronic plc, GE Healthcare, Nihon Kohden Corp., Philips Healthcare, Mindray Medical International Ltd., Drägerwerk AG & Co. KGaA, and Schiller AG and others. The market players are considerably contributing to the market growth by the adoption of various strategies including mergers & acquisitions, geographical expansion, collaborations, and new product launches, to stay competitive in the market. For instance, in February 2021, Medtronic PLC has announced the efficacy and reliability of pulse oximeters include Nellcor Bedside SpO2 Patient Monitoring System and Masimo Radical-7 Pulse CO-Oximeter. Both are set at the highest sensitivity with electrocardiography (ECG) monitoring.
The Report Covers
- Market value data analysis of 2020 and forecast to 2027.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global anesthesia monitoring devices market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where in the market.
1. Report Summary
• Current Industry Analysis and Growth Potential Outlook
• Impact of COVID-19 on the Global Anesthesia Monitoring Devices Industry
• Recovery Scenario of Global Anesthesia Monitoring Devices Industry
1.1. Research Methods and Tools
1.2. Market Breakdown
1.2.1. By Segments
1.2.2. BY Region
2. Market Overview and Insights
2.1. Scope of the Report
2.2. Analyst Insight & Current Market Trends
2.2.1. Key Findings
2.2.2. Recommendations
2.2.3. Conclusion
3. Competitive Landscape
3.1. Key Company Analysis
3.1.1. Overview
3.1.2. Financial Analysis
3.1.3. SWOT Analysis
3.2. Key Strategy Analysis
3.3. Impact of COVID-19 on Key Players
4. Market Determinants
4.1. Motivators
4.2. Restraints
4.3. Opportunities
5. Market Segmentation
5.1. Global Anesthesia Monitoring Devices Market, By Monitoring Required
5.1.1. Oxygenation
5.1.2. Ventilation
5.1.3. Circulation
5.1.4. Temperature
5.2. Global Anesthesia Monitoring Devices Market, By Products
5.2.1. Basic Anesthesia Monitors
5.2.1.1. Pulse Oximetry
5.2.1.2. Capnography
5.2.1.3. Others (ECG, EKG)
5.2.2. Advanced Anesthesia Monitors
5.2.3. Integrated Anesthesia Workstations
5.3. Global Anesthesia Monitoring Devices Market, By End-Users
5.3.1. Hospitals
5.3.2. Clinics
5.3.3. Others(Ambulance, Patient Home)
6. Regional Analysis
6.1. North America
6.1.1. United States
6.1.2. Canada
6.2. Europe
6.2.1. UK
6.2.2. Germany
6.2.3. Italy
6.2.4. Spain
6.2.5. France
6.2.6. Rest of Europe
6.3. Asia-Pacific
6.3.1. China
6.3.2. India
6.3.3. Japan
6.3.4. South Korea
6.3.5. Rest of Asia-Pacific
6.4. Rest of the World
7. Company Profiles
7.1. BPL Medical Technologies
7.2. Criticare Technologies, Inc.
7.3. Dispomed ltd.
7.4. Dixion GmbH
7.5. Drägerwerk AG & Co. KGaA
7.6. EDAN Instruments, Inc.
7.7. Fukuda Denshi Co., Ltd.
7.8. General Elecric Co.
7.9. Infinium Medical
7.10. InVivo Therapeutics Corp.
7.11. Masimo Corp.
7.12. MEDACX Ltd.
7.13. Medtronic PLC
7.14. Shenzhen Mindray Bio-Medical Electronics Co., Ltd.
7.15. Nihon Kohden Corp.
7.16. Nonin Medical, Inc.
7.17. Koninklijke Philips N.V
7.18. SCHILLER AG.
7.19. Spacelabs Healthcare Inc.
7.20. TechnocareMedisystems
1. GLOBAL ANESTHESIA MONITORING DEVICES MARKET RESEARCH AND ANALYSIS, 2020-2027 ($ MILLION)
2. GLOBAL ANESTHESIA MONITORING DEVICES MARKET RESEARCH AND ANALYSIS BY MONITORING REQUIRED, 2020-2027 ($ MILLION)
3. GLOBAL OXYGENATION IN ANESTHESIA MONITORING DEVICES MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027 ($ MILLION)
4. GLOBAL VENTILATION IN ANESTHESIA MONITORING DEVICES MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027 ($ MILLION)
5. GLOBAL CIRCULATION IN ANESTHESIA MONITORING DEVICES MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027 ($ MILLION)
6. GLOBAL TEMPERATURE IN ANESTHESIA MONITORING DEVICES MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027 ($ MILLION)
7. GLOBAL ANESTHESIA MONITORING DEVICES MARKET RESEARCH AND ANALYSIS BY PRODUCTS, 2020-2027 ($ MILLION)
8. GLOBAL BASIC ANESTHESIA MONITORS MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027 ($ MILLION)
9. GLOBAL BASIC ANESTHESIA MONITORS MARKET RESEARCH AND ANALYSIS BY TYPE, 2020-2027 ($ MILLION)
10. GLOBAL ADVANCED ANESTHESIA MONITORS MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027 ($ MILLION)
11. GLOBAL INTEGRATED ANESTHESIA WORKSTATIONS MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027 ($ MILLION)
12. GLOBAL ANESTHESIA MONITORING DEVICES MARKET RESEARCH AND ANALYSIS BY END-USER, 2020-2027 ($ MILLION)
13. GLOBAL ANESTHESIA MONITORING DEVICES IN HOSPITALS MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027 ($ MILLION)
14. GLOBAL ANESTHESIA MONITORING DEVICES IN CLINICS MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027 ($ MILLION)
15. GLOBAL ANESTHESIA MONITORING DEVICES IN OTHER END-USERS MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027 ($ MILLION)
16. GLOBAL ANESTHESIA MONITORING DEVICES MARKET RESEARCH AND ANALYSIS BY GEOGRAPHY, 2020-2027 ($ MILLION)
17. NORTH AMERICAN ANESTHESIA MONITORING DEVICES MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2020-2027 ($ MILLION)
18. NORTH AMERICAN ANESTHESIA MONITORING DEVICES MARKET RESEARCH AND ANALYSIS BY MONITORING REQUIRED, 2020-2027 ($ MILLION)
19. NORTH AMERICAN ANESTHESIA MONITORING DEVICES MARKET RESEARCH AND ANALYSIS BY PRODUCTS, 2020-2027 ($ MILLION)
20. NORTH AMERICAN ANESTHESIA MONITORING DEVICES MARKET RESEARCH AND ANALYSIS BY END-USER, 2020-2027 ($ MILLION)
21. EUROPEAN ANESTHESIA MONITORING DEVICES MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2020-2027 ($ MILLION)
22. EUROPEAN ANESTHESIA MONITORING DEVICES MARKET RESEARCH AND ANALYSIS BY MONITORING REQUIRED, 2020-2027 ($ MILLION)
23. EUROPEAN ANESTHESIA MONITORING DEVICES MARKET RESEARCH AND ANALYSIS BY PRODUCTS, 2020-2027 ($ MILLION)
24. EUROPEAN ANESTHESIA MONITORING DEVICES MARKET RESEARCH AND ANALYSIS BY END-USER, 2020-2027 ($ MILLION)
25. ASIA-PACIFIC ANESTHESIA MONITORING DEVICES MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2020-2027 ($ MILLION)
26. ASIA-PACIFIC ANESTHESIA MONITORING DEVICES MARKET RESEARCH AND ANALYSIS BY MONITORING REQUIRED, 2020-2027 ($ MILLION)
27. ASIA-PACIFIC ANESTHESIA MONITORING DEVICES MARKET RESEARCH AND ANALYSIS BY PRODUCTS, 2020-2027 ($ MILLION)
28. ASIA-PACIFIC ANESTHESIA MONITORING DEVICES MARKET RESEARCH AND ANALYSIS BY END-USER, 2020-2027 ($ MILLION)
29. REST OF THE WORLD ANESTHESIA MONITORING DEVICES MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2020-2027 ($ MILLION)
30. REST OF THE WORLD ANESTHESIA MONITORING DEVICES MARKET RESEARCH AND ANALYSIS BY MONITORING REQUIRED, 2020-2027 ($ MILLION)
31. REST OF THE WORLD ANESTHESIA MONITORING DEVICES MARKET RESEARCH AND ANALYSIS BY PRODUCTS, 2020-2027 ($ MILLION)
32. REST OF THE WORLD ANESTHESIA MONITORING DEVICES MARKET RESEARCH AND ANALYSIS BY END-USER, 2020-2027 ($ MILLION)
1. IMPACT OF COVID-19 ON GLOBAL ANESTHESIA MONITORING DEVICES MARKET, 2020-2027 ($ MILLION)
2. IMPACT OF COVID-19 ON GLOBAL ANESTHESIA MONITORING DEVICES MARKET BY SEGMENT, 2020-2027 ($ MILLION)
3. RECOVERY OF GLOBAL ANESTHESIA MONITORING DEVICES MARKET, 2021-2027 (%)
4. GLOBAL ANESTHESIA MONITORING DEVICES MARKET SHARE BY MONITORING REQUIRED, 2020 VS 2027 (%)
5. GLOBAL ANESTHESIA MONITORING DEVICES MARKET SHARE BY PRODUCTS, 2020 VS 2027 (%)
6. GLOBAL ANESTHESIA MONITORING DEVICES MARKET SHARE BY END-USER, 2020 VS 2027 (%)
7. GLOBAL ANESTHESIA MONITORING DEVICES MARKET SHARE BY GEOGRAPHY, 2020 VS 2027 (%)
8. GLOBAL OXYGENATION IN ANESTHESIA MONITORING DEVICES MARKET SHARE BY REGION, 2020 VS 2027 (%)
9. GLOBAL VENTILATION IN ANESTHESIA MONITORING DEVICES MARKET SHARE BY REGION, 2020 VS 2027 (%)
10. GLOBAL CIRCULATION IN ANESTHESIA MONITORING DEVICES MARKET SHARE BY REGION, 2020 VS 2027 (%)
11. GLOBAL TEMPERATURE IN ANESTHESIA MONITORING DEVICES MARKET SHARE BY REGION, 2020 VS 2027 (%)
12. GLOBALBASIC ANESTHESIA MONITORS MARKET SHARE BY REGION, 2020 VS 2027 (%)
13. GLOBAL ADVANCED ANESTHESIA MONITORS MARKET SHARE BY REGION, 2020 VS 2027 (%)
14. GLOBAL INTEGRATED ANESTHESIA WORKSTATIONS MARKET SHARE BY REGION, 2020 VS 2027 (%)
15. GLOBAL ANESTHESIA MONITORING DEVICES IN HOSPITALS MARKET SHARE BY REGION, 2020 VS 2027 (%)
16. GLOBAL ANESTHESIA MONITORING DEVICES IN CLINICS MARKET SHARE BY REGION, 2020 VS 2027 (%)
17. GLOBAL ANESTHESIA MONITORING DEVICES IN OTHERS END-USERS MARKET SHARE BY REGION, 2020 VS 2027 (%)
18. US ANESTHESIA MONITORING DEVICES MARKET SIZE, 2020-2027 ($ MILLION)
19. CANADA ANESTHESIA MONITORING DEVICES MARKET SIZE, 2020-2027 ($ MILLION)
20. UK ANESTHESIA MONITORING DEVICES MARKET SIZE, 2020-2027 ($ MILLION)
21. FRANCE ANESTHESIA MONITORING DEVICES MARKET SIZE, 2020-2027 ($ MILLION)
22. GERMANY ANESTHESIA MONITORING DEVICES MARKET SIZE, 2020-2027 ($ MILLION)
23. ITALY ANESTHESIA MONITORING DEVICES MARKET SIZE, 2020-2027 ($ MILLION)
24. SPAIN ANESTHESIA MONITORING DEVICES MARKET SIZE, 2020-2027 ($ MILLION)
25. REST OF EUROPE ANESTHESIA MONITORING DEVICES MARKET SIZE, 2020-2027 ($ MILLION)
26. INDIA ANESTHESIA MONITORING DEVICES MARKET SIZE, 2020-2027 ($ MILLION)
27. CHINA ANESTHESIA MONITORING DEVICES MARKET SIZE, 2020-2027 ($ MILLION)
28. JAPAN ANESTHESIA MONITORING DEVICES MARKET SIZE, 2020-2027 ($ MILLION)
29. SOUTH KOREA ANESTHESIA MONITORING DEVICES MARKET SIZE, 2020-2027 ($ MILLION)
30. REST OF ASIA-PACIFIC ANESTHESIA MONITORING DEVICES MARKET SIZE, 2020-2027 ($ MILLION)
31. REST OF THE WORLD ANESTHESIA MONITORING DEVICES MARKET SIZE, 2020-2027 ($ MILLION)
