Published Date: 31-Mar-2022
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According to a new report, published by KBV research, The Global Anesthesia Device Market size is expected to reach $21.4 billion by 2027, rising at a market growth of 8.0% CAGR during the forecast period.
The Clinics market segment has high growth rate of 7.5% during (2021 - 2027). The clinics segment acquired a substantial revenue share in the anesthesia device market in 2020. The increased demand from this segment is the result of the increasing number of private clinics across the world coupled with the increasing number of visits for treatment in clinics.
The Anesthesia Delivery Machine segment is leading the Global Anesthesia Devices Market by Product 2020, thereby, achieving a market value of $10.3 billion by 2027. It is due to the constant technological enhancements that fuels their adoption for delivering anesthesia during the surgical procedure. Using new decision support tools, these anesthetic delivery systems enable healthcare organizations to combine patient safety goals with operational and financial goals to keep up with ever-changing healthcare issues
The Dental segment is showcasing the growth rate of 7% during (2021 - 2027). Local anesthesia is used to numb the gum for teeth filling. In addition, it can be used in combination with nitrous oxide to efficiently manage the patients’ treatment which is accelerating the growth of the anesthesia device market.
The North America market dominated the Global Anesthesia Devices Market by Region 2020, and would continue to be a dominant market till 2027; thereby, achieving a market value of $7.2 billion by 2027. The Europe market is estimated to witness a CAGR of 7.6% during (2021 - 2027). Additionally, The Asia Pacific market would showcase a CAGR of 8.5% during (2021 - 2027).
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 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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