Depth of Anesthesia Monitoring Market
Global Depth of Anesthesia Monitoring Market Size, Share & Trends Analysis Report, By Technology (Bispectral Index, Entropy, Patient State Index), By End-User (Hospitals, Clinics & Ambulatory Surgical Center) and Forecast, 2019-2025 Update Available - Forecast 2024-2030
The global depth of anesthesia monitoring market is expected to witness a growth rate of 3.6% during the forecast period (2019-2025). During certain surgery or operation, a patient can be administered by anesthesia. There are three types of anesthesia, local anesthesia, regional anesthesia, and general anesthesia. Depth of anesthesia monitoring industry finds its application mainly in general anesthesia. Depth of anesthesia monitoring is used for the individuals to permit accurate drug administration against the measured state of arousal of the patient.
The factors which are driving the depth of anesthesia monitoring market include rising patient pool and increasing number of surgeries globally. General anesthesia is used for major operations including knee, and hip replacement, heart surgeries, and others. As per American Hospital Association in 2018, around 18.2 million outpatient surgeries were carried in the US as compared to 17.3 million in 2010. Addition to this, around 9 million inpatient surgery were performed in the US in 2016. As per the American Academy of Orthopaedic Surgeons, each year more than 600,000 knee replacements are performed in the US. Further, as per National Joint Registry, combinedly 160,000 total hip and knee replacement procedures are performed each year in England and Wales. There are more than 400 hospitals where knee and hip replacement are carried out.
The rising pool of geriatric population is also one of the major factors which are increasing the need for surgeries and hence creating the demand for general anesthesia. Rising insurance coverage related to surgery is another major factor contributing the growth of the market. Most of the developed economies such as the US, UK, and France have reached 100% insurance coverage whereas insurance coverage of developing economies such as China, India, Brazil are increasing significantly.
However, high cost related to the depth of anesthesia monitoring machines and devices is one of the major hurdles for the market growth. Besides, rise of hospital chains is one of the major opportunities for the market as the hospital chain can invest significant amount on the infrastructure to provide better and safe healthcare facility to the patients.
Segmental Outlook
The depth of anesthesia monitoring market is segmented on the basis of technology and end-user. By technology, the market is divided into Bispectral Index, Entropy, and Patient State Index (PSI). By end-user, the market is bifurcated into hospitals and clinics & ambulatory surgical center. Hospitals are expected to have a major market share as high cost of machines can be borne by them. Moreover, most of the critical surgeries are performed in hospitals.
Depth of Anesthesia Monitoring Market Share by End-User, 2018 (%)
- In September 2019, Royal Philips, a subsidiary of Koninklijke Philips N.V. together with B. Braun Melsungen AG launched Onvision. It is an ultrasound guidance solution for real-time needle tip tracking in regional anesthesia. By the use of this, anesthesiologists can accurately position the needle tip inside the body.
- In March 2019, Masimo Corp. received CE mark approval for SedLine brain function monitoring for pediatric patients for the age of 1-18 years. By SedLine, clinicians can monitor the state of the brain under anesthesia with bilateral data acquisition and processing of four leads of electroencephalogram (EEG) signals.
- Market value data analysis of 2018 and forecast to 2025.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global depth of anesthesia monitoring market. Based on the availability of data, information related to products, 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
1.1. Research Methods and Tools
1.2. Market Breakdown
1.2.1. By Segments
1.2.2. By Geography
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
2.3. Rules & Regulations
3. Competitive Landscape
3.1. Company Share Analysis
3.2. Key Strategy Analysis
3.3. Key Company Analysis
3.3.1. GE Healthcare (A General Electric Company)
3.3.1.1. Overview
3.3.1.2. Financial Analysis
3.3.1.3. SWOT Analysis
3.3.1.4. Recent Developments
3.3.2. Medtronic PLC
3.3.2.1. Overview
3.3.2.2. Financial Analysis
3.3.2.3. SWOT Analysis
3.3.2.4. Recent Developments
3.3.3. Koninklijke Philips N.V.
3.3.3.1. Overview
3.3.3.2. Financial Analysis
3.3.3.3. SWOT Analysis
3.3.3.4. Recent Developments
3.3.4. OSI Systems, Inc.
3.3.4.1. Overview
3.3.4.2. Financial Analysis
3.3.4.3. SWOT Analysis
3.3.4.4. Recent Developments
3.3.5. Masimo Corp.
3.3.5.1. Overview
3.3.5.2. Financial Analysis
3.3.5.3. SWOT Analysis
3.3.5.4. Recent Developments
4. Market Determinants
4.1. Motivators
4.2. Restraints
4.3. Opportunities
5. Market Segmentation
5.1. Depth of anesthesia monitoring Market by Technology
5.1.1. Bispectral Index
5.1.2. Entropy
5.1.3. Patient State Index (PSI)
5.2. Global Depth of anesthesia monitoring market by End-User
5.2.1. Hospitals
5.2.2. Clinics & Ambulatory Surgical Center
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. Rest of Asia-Pacific
6.4. Rest of the World
7. Company Profiles
7.1. Drägerwerk AG & Co. KGaA
7.2. GE Healthcare
7.3. Guangzhou Yueshen Medical Equipment Co., Ltd.
7.4. Koninklijke Philips N.V.
7.5. Masimo Corp.
7.6. Medtronic PLC
7.7. Mennen Medical Ltd.
7.8. OSI Systems, Inc. (Spacelabs Healthcare Inc.)
7.9. Quantium Medical S.L.U.
7.10. Shenzhen Growyoung Medical Technology Co., Ltd
7.11. Shenzhen Mindray Bio-Medical Electronics Co., Ltd
7.12. Triton Electronic Systems Ltd.
GLOBAL DEPTH OF ANESTHESIA MONITORING MARKET RESEARCH AND ANALYSIS BY TECHNOLOGY, 2018-2025 ($ MILLION)
2. GLOBAL BISPECTRAL INDEX MARKET RESEARCH AND ANALYSIS BY REGION, 2018-2025 ($ MILLION)
3. GLOBAL ENTROPY MARKET RESEARCH AND ANALYSIS BY REGION, 2018-2025 ($ MILLION)
4. GLOBAL PATIENT STATE INDEX MARKET RESEARCH AND ANALYSIS BY REGION, 2018-2025 ($ MILLION)
5. GLOBAL DEPTH OF ANESTHESIA MONITORING MARKET RESEARCH AND ANALYSIS BY END-USER, 2018-2025 ($ MILLION)
6. GLOBAL DEPTH OF ANESTHESIA MONITORING IN HOSPITALS MARKET RESEARCH AND ANALYSIS BY REGION, 2018-2025 ($ MILLION)
7. GLOBAL DEPTH OF ANESTHESIA MONITORING IN CLINICS & AMBULATORY SURGICAL CENTER MARKET RESEARCH AND ANALYSIS BY REGION, 2018-2025 ($ MILLION)
8. GLOBAL DEPTH OF ANESTHESIA MONITORING MARKET RESEARCH AND ANALYSIS BY GEOGRAPHY, 2018-2025 ($ MILLION)
9. NORTH AMERICAN DEPTH OF ANESTHESIA MONITORING MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2018-2025 ($ MILLION)
10. NORTH AMERICAN DEPTH OF ANESTHESIA MONITORING MARKET RESEARCH AND ANALYSIS BY TECHNOLOGY, 2018-2025 ($ MILLION)
11. NORTH AMERICAN DEPTH OF ANESTHESIA MONITORING MARKET RESEARCH AND ANALYSIS BY END-USER, 2018-2025 ($ MILLION)
12. EUROPEAN DEPTH OF ANESTHESIA MONITORING MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2018-2025 ($ MILLION)
13. EUROPEAN DEPTH OF ANESTHESIA MONITORING MARKET RESEARCH AND ANALYSIS BY TECHNOLOGY, 2018-2025 ($ MILLION)
14. EUROPEAN DEPTH OF ANESTHESIA MONITORING MARKET RESEARCH AND ANALYSIS BY END-USER, 2018-2025 ($ MILLION)
15. ASIA-PACIFIC DEPTH OF ANESTHESIA MONITORING MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2018-2025 ($ MILLION)
16. ASIA-PACIFIC DEPTH OF ANESTHESIA MONITORING MARKET RESEARCH AND ANALYSIS BY TECHNOLOGY, 2018-2025 ($ MILLION)
17. ASIA-PACIFIC DEPTH OF ANESTHESIA MONITORING MARKET RESEARCH AND ANALYSIS BY END-USER, 2018-2025 ($ MILLION)
18. REST OF THE WORLD DEPTH OF ANESTHESIA MONITORING MARKET RESEARCH AND ANALYSIS BY TECHNOLOGY, 2018-2025 ($ MILLION)
19. REST OF THE WORLD DEPTH OF ANESTHESIA MONITORING MARKET RESEARCH AND ANALYSIS BY END-USER, 2018-2025 ($ MILLION)
1. GLOBAL DEPTH OF ANESTHESIA MONITORING MARKET SHARE BY TECHNOLOGY, 2018 VS 2025 (%)
2. GLOBAL DEPTH OF ANESTHESIA MONITORING MARKET SHARE BY END-USER, 2018 VS 2025 (%)
3. GLOBAL DEPTH OF ANESTHESIA MONITORING MARKET SHARE BY GEOGRAPHY, 2018 VS 2025 (%)
4. US DEPTH OF ANESTHESIA MONITORING MARKET SIZE, 2018-2025 ($ MILLION)
5. CANADA DEPTH OF ANESTHESIA MONITORING MARKET SIZE, 2018-2025 ($ MILLION)
6. UK DEPTH OF ANESTHESIA MONITORING MARKET SIZE, 2018-2025 ($ MILLION)
7. FRANCE DEPTH OF ANESTHESIA MONITORING MARKET SIZE, 2018-2025 ($ MILLION)
8. GERMANY DEPTH OF ANESTHESIA MONITORING MARKET SIZE, 2018-2025 ($ MILLION)
9. ITALY DEPTH OF ANESTHESIA MONITORING MARKET SIZE, 2018-2025 ($ MILLION)
10. SPAIN DEPTH OF ANESTHESIA MONITORING MARKET SIZE, 2018-2025 ($ MILLION)
11. REST OF EUROPE DEPTH OF ANESTHESIA MONITORING MARKET SIZE, 2018-2025 ($ MILLION)
12. INDIA DEPTH OF ANESTHESIA MONITORING MARKET SIZE, 2018-2025 ($ MILLION)
13. CHINA DEPTH OF ANESTHESIA MONITORING MARKET SIZE, 2018-2025 ($ MILLION)
14. JAPAN DEPTH OF ANESTHESIA MONITORING MARKET SIZE, 2018-2025 ($ MILLION)
15. REST OF ASIA-PACIFIC DEPTH OF ANESTHESIA MONITORING MARKET SIZE, 2018-2025 ($ MILLION)
16. REST OF THE WORLD DEPTH OF ANESTHESIA MONITORING MARKET SIZE, 2018-2025 ($ MILLION)
