The anesthesia machines market size has grown rapidly in recent years. It will grow from $20.94 billion in 2023 to $23.24 billion in 2024 at a compound annual growth rate (CAGR) of 11.0%. The growth observed during the historical period in the anesthesia machines market can be attributed to factors such as the increasing number of surgical procedures, a heightened focus on patient safety during medical interventions, the rise in chronic diseases necessitating various treatments, compliance with government regulations and standards in healthcare, and the development of hospital infrastructure to accommodate growing healthcare needs.
The anesthesia machines market size is expected to see rapid growth in the next few years. It will grow to $34.2 billion in 2028 at a compound annual growth rate (CAGR) of 10.1%. The anticipated growth in the forecast period in the anesthesia machines market can be attributed to factors such as the increasing demand for portable and compact systems, a growing focus on eco-friendly and sustainable solutions in healthcare, the integration of telemedicine and remote monitoring, advancements in anesthetic drug delivery systems, and the expansion of the global market for anesthesia machines. Major trends expected in the forecast period include regulatory adaptation to technology changes, the integration of digital health technologies, technological advancements in anesthesia systems, the incorporation of artificial intelligence, and initiatives focused on sustainability in healthcare.
The anesthesia machines market is witnessing growth primarily due to the increasing number of surgeries. Anesthetic machines play a crucial role in surgeries by ensuring patients do not experience pain. The rising prevalence of chronic illnesses, including cataracts, nervous disorders, muscle repair, oral problems, and abdominal issues, has led to a higher demand for anesthesia machines. According to the British Journal of Anaesthesia, hospitals in the UK conducted an annual average of 7.9 million procedures (inclusive category), 5.1 million procedures (intermediate category), and 1.5 million procedures (restrictive category).
The growth of the anesthesia machines market is further driven by the surge in chronic diseases. Chronic conditions persist over an extended period, and anesthesia machines are essential for delivering anesthetic gases and medications during surgeries or medical procedures for patients with chronic diseases. As per the National Library of Medicine, the US is projected to see a 99.5% increase in the number of people aged 50 and older with at least one chronic condition, reaching 142.66 million by 2050. Additionally, chronic diseases account for 74% of all global deaths, amounting to 41 million fatalities annually, according to the World Health Organization (WHO) 2022 Highlights.
A significant restraint for the anesthesia machines market is the risk of contamination during surgical procedures. The use of anesthesia machines increases the likelihood of bacterial infections, with many machines being colonized by microorganisms. This poses a risk of bacterial contamination and infection, particularly in the outer regions of anesthesia machines that may transfer bacteria to healthcare professionals and patients.
An emerging trend in the anesthesia machines market is the adoption of computer-controlled anesthesia machines. These machines contribute to reducing patient pain during surgeries and offer advanced features such as alarms for emergencies and automated checkup options. For example, the Dräger Primus anesthesia workstation and GE Healthcare’s Aisys CS² station exemplify the integration of computer-controlled systems to enhance precision and efficiency in anesthesia delivery.
Leading companies in the anesthesia machines market are actively innovating new technologies, such as end-tidal (Et) control software. This software, recently launched by GE HealthCare Technologies Inc. and approved by the Food and Drug Administration (FDA), enhances patient care during anesthesia delivery. The technology semi-automates the anesthesia delivery process, allowing providers to set targets for end-tidal oxygen and anesthetic agents, thereby improving accuracy and reducing drug waste.
Regulations from the Food and Drug Administration (FDA) play a crucial role in overseeing the anesthesia machines manufacturing market. Anesthesia gas machines fall under the FDA's class II category of medical devices, requiring approval through Premarket Notification 510(k) and compliance with regulations such as the Medical Device Amendments 1976 and Good Manufacturing Practices 1978. These regulations govern the introduction, labeling, quality assurance, distribution, and manufacturing of anesthesia machines, ensuring adherence to standards and safety protocols by manufacturers.
Major companies operating in the anesthesia machines market report are General Electric Company, Medtronic PLC, Medline Industries Inc., Koninklijke Philips N.V., Datex-Ohmeda Inc., Covidien PLC, B. Braun Holding GmbH & Co. KG, Mindray Medical International Limited, Dragerwerk Ag & Co. KGAA, Teleflex Incorporated, Getinge Group, Smiths Medical Inc., Masimo Corporation, Fisher & Paykel Healthcare Corporation Limited, Spacelabs Healthcare LLC, Oricare Inc., OSI Systems Inc., Shenzhen Landwind Medical Co. Ltd., Infinium Medical Inc., Midmark Corporation, Ambu AS, Penlon Limited, Aeonmed Co.Ltd., Beijing Siriusmed Medical Device Co.Ltd., Heyer Medical AG, Dameca A/S, Carefusion Corporation, DRE Inc., Shenzhen Comen Medical Instruments Co. Ltd., HERSILL S.L., Allied Medical Limited, BPL Medical Technologies Pvt. Ltd. North America was the largest region in the anesthesia machines market in 2023. Western Europe was the second largest region in the global anesthesia machines market. The regions covered in the anesthesia machines market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The primary products in the anesthesia machines market include mobile anesthesia machines and standalone anesthesia machines. These machines play a crucial role in delivering anesthesia to patients, ensuring they experience no pain during medical surgeries. The main types of anesthesia machines are continuous anesthesia machines, intermittent anesthesia machines, and others. Various end-users, such as hospitals, clinics, and ambulatory surgical centers, rely on these machines for anesthesia administration during medical interventions.
The anesthesia machines market research report is one of a series of new reports that provides anesthesia machines market statistics, including anesthesia machines industry global market size, regional shares, competitors with a anesthesia machines market share, detailed anesthesia machines market segments, market trends and opportunities, and any further data you may need to thrive in the anesthesia machines industry. This anesthesia machines market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The countries covered in the anesthesia machines market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
The anesthesia machines market consists of sales of machines such as intermittent anesthesia machines, continuous anesthesia machines, all-in-one type of anesthesia machines, portable anesthesia machines, high-flow type anesthesia machines, low-flow type anesthesia machines, pediatric anesthesia machines, cycle closed type anesthesia machines and, direct-flow type anesthesia machines. Values in this market are factory gate values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
This product will be delivered within 3-5 business days.
The anesthesia machines market size is expected to see rapid growth in the next few years. It will grow to $34.2 billion in 2028 at a compound annual growth rate (CAGR) of 10.1%. The anticipated growth in the forecast period in the anesthesia machines market can be attributed to factors such as the increasing demand for portable and compact systems, a growing focus on eco-friendly and sustainable solutions in healthcare, the integration of telemedicine and remote monitoring, advancements in anesthetic drug delivery systems, and the expansion of the global market for anesthesia machines. Major trends expected in the forecast period include regulatory adaptation to technology changes, the integration of digital health technologies, technological advancements in anesthesia systems, the incorporation of artificial intelligence, and initiatives focused on sustainability in healthcare.
The anesthesia machines market is witnessing growth primarily due to the increasing number of surgeries. Anesthetic machines play a crucial role in surgeries by ensuring patients do not experience pain. The rising prevalence of chronic illnesses, including cataracts, nervous disorders, muscle repair, oral problems, and abdominal issues, has led to a higher demand for anesthesia machines. According to the British Journal of Anaesthesia, hospitals in the UK conducted an annual average of 7.9 million procedures (inclusive category), 5.1 million procedures (intermediate category), and 1.5 million procedures (restrictive category).
The growth of the anesthesia machines market is further driven by the surge in chronic diseases. Chronic conditions persist over an extended period, and anesthesia machines are essential for delivering anesthetic gases and medications during surgeries or medical procedures for patients with chronic diseases. As per the National Library of Medicine, the US is projected to see a 99.5% increase in the number of people aged 50 and older with at least one chronic condition, reaching 142.66 million by 2050. Additionally, chronic diseases account for 74% of all global deaths, amounting to 41 million fatalities annually, according to the World Health Organization (WHO) 2022 Highlights.
A significant restraint for the anesthesia machines market is the risk of contamination during surgical procedures. The use of anesthesia machines increases the likelihood of bacterial infections, with many machines being colonized by microorganisms. This poses a risk of bacterial contamination and infection, particularly in the outer regions of anesthesia machines that may transfer bacteria to healthcare professionals and patients.
An emerging trend in the anesthesia machines market is the adoption of computer-controlled anesthesia machines. These machines contribute to reducing patient pain during surgeries and offer advanced features such as alarms for emergencies and automated checkup options. For example, the Dräger Primus anesthesia workstation and GE Healthcare’s Aisys CS² station exemplify the integration of computer-controlled systems to enhance precision and efficiency in anesthesia delivery.
Leading companies in the anesthesia machines market are actively innovating new technologies, such as end-tidal (Et) control software. This software, recently launched by GE HealthCare Technologies Inc. and approved by the Food and Drug Administration (FDA), enhances patient care during anesthesia delivery. The technology semi-automates the anesthesia delivery process, allowing providers to set targets for end-tidal oxygen and anesthetic agents, thereby improving accuracy and reducing drug waste.
Regulations from the Food and Drug Administration (FDA) play a crucial role in overseeing the anesthesia machines manufacturing market. Anesthesia gas machines fall under the FDA's class II category of medical devices, requiring approval through Premarket Notification 510(k) and compliance with regulations such as the Medical Device Amendments 1976 and Good Manufacturing Practices 1978. These regulations govern the introduction, labeling, quality assurance, distribution, and manufacturing of anesthesia machines, ensuring adherence to standards and safety protocols by manufacturers.
Major companies operating in the anesthesia machines market report are General Electric Company, Medtronic PLC, Medline Industries Inc., Koninklijke Philips N.V., Datex-Ohmeda Inc., Covidien PLC, B. Braun Holding GmbH & Co. KG, Mindray Medical International Limited, Dragerwerk Ag & Co. KGAA, Teleflex Incorporated, Getinge Group, Smiths Medical Inc., Masimo Corporation, Fisher & Paykel Healthcare Corporation Limited, Spacelabs Healthcare LLC, Oricare Inc., OSI Systems Inc., Shenzhen Landwind Medical Co. Ltd., Infinium Medical Inc., Midmark Corporation, Ambu AS, Penlon Limited, Aeonmed Co.Ltd., Beijing Siriusmed Medical Device Co.Ltd., Heyer Medical AG, Dameca A/S, Carefusion Corporation, DRE Inc., Shenzhen Comen Medical Instruments Co. Ltd., HERSILL S.L., Allied Medical Limited, BPL Medical Technologies Pvt. Ltd. North America was the largest region in the anesthesia machines market in 2023. Western Europe was the second largest region in the global anesthesia machines market. The regions covered in the anesthesia machines market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The primary products in the anesthesia machines market include mobile anesthesia machines and standalone anesthesia machines. These machines play a crucial role in delivering anesthesia to patients, ensuring they experience no pain during medical surgeries. The main types of anesthesia machines are continuous anesthesia machines, intermittent anesthesia machines, and others. Various end-users, such as hospitals, clinics, and ambulatory surgical centers, rely on these machines for anesthesia administration during medical interventions.
The anesthesia machines market research report is one of a series of new reports that provides anesthesia machines market statistics, including anesthesia machines industry global market size, regional shares, competitors with a anesthesia machines market share, detailed anesthesia machines market segments, market trends and opportunities, and any further data you may need to thrive in the anesthesia machines industry. This anesthesia machines market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The countries covered in the anesthesia machines market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
The anesthesia machines market consists of sales of machines such as intermittent anesthesia machines, continuous anesthesia machines, all-in-one type of anesthesia machines, portable anesthesia machines, high-flow type anesthesia machines, low-flow type anesthesia machines, pediatric anesthesia machines, cycle closed type anesthesia machines and, direct-flow type anesthesia machines. Values in this market are factory gate values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
This product will be delivered within 3-5 business days.
Table of Contents
1. Executive Summary2. Anesthesia Machines Market Characteristics3. Anesthesia Machines Market Trends and Strategies32. Global Anesthesia Machines Market Competitive Benchmarking33. Global Anesthesia Machines Market Competitive Dashboard34. Key Mergers and Acquisitions in the Anesthesia Machines Market
4. Anesthesia Machines Market - Macro Economic Scenario
5. Global Anesthesia Machines Market Size and Growth
6. Anesthesia Machines Market Segmentation
7. Anesthesia Machines Market Regional and Country Analysis
8. Asia-Pacific Anesthesia Machines Market
9. China Anesthesia Machines Market
10. India Anesthesia Machines Market
11. Japan Anesthesia Machines Market
12. Australia Anesthesia Machines Market
13. Indonesia Anesthesia Machines Market
14. South Korea Anesthesia Machines Market
15. Western Europe Anesthesia Machines Market
16. UK Anesthesia Machines Market
17. Germany Anesthesia Machines Market
18. France Anesthesia Machines Market
19. Italy Anesthesia Machines Market
20. Spain Anesthesia Machines Market
21. Eastern Europe Anesthesia Machines Market
22. Russia Anesthesia Machines Market
23. North America Anesthesia Machines Market
24. USA Anesthesia Machines Market
25. Canada Anesthesia Machines Market
26. South America Anesthesia Machines Market
27. Brazil Anesthesia Machines Market
28. Middle East Anesthesia Machines Market
29. Africa Anesthesia Machines Market
30. Anesthesia Machines Market Competitive Landscape and Company Profiles
31. Anesthesia Machines Market Other Major and Innovative Companies
35. Anesthesia Machines Market Future Outlook and Potential Analysis
36. Appendix
Executive Summary
Anesthesia Machines Global Market Report 2024 provides strategists, marketers and senior management with the critical information they need to assess the market.This report focuses on anesthesia machines market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Reasons to Purchase
- Gain a truly global perspective with the most comprehensive report available on this market covering 50+ geographies.
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- Assess the Russia-Ukraine war’s impact on agriculture, energy and mineral commodity supply and its direct and indirect impact on the market.
- Measure the impact of high global inflation on market growth.
- Create regional and country strategies on the basis of local data and analysis.
- Identify growth segments for investment.
- Outperform competitors using forecast data and the drivers and trends shaping the market.
- Understand customers based on the latest market shares.
- Benchmark performance against key competitors.
- Suitable for supporting your internal and external presentations with reliable high quality data and analysis.
- Report will be updated with the latest data and delivered to you with an Excel data sheet for easy data extraction and analysis.
- All data from the report will also be delivered in an excel dashboard format.
Where is the largest and fastest growing market for anesthesia machines? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? This report answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.
- The market characteristics section of the report defines and explains the market.
- The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
- The forecasts are made after considering the major factors currently impacting the market. These include:
- The impact of sanctions, supply chain disruptions, and altered demand for goods and services due to the Russian Ukraine war, impacting various macro-economic factors and parameters in the Eastern European region and its subsequent effect on global markets.
- The impact of higher inflation in many countries and the resulting spike in interest rates.
- The continued but declining impact of COVID-19 on supply chains and consumption patterns.
- Market segmentations break down the market into sub markets.
- The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
- The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
- The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.
Report Scope
Markets Covered:1) By Product: Mobile Anesthesia Machines; Standalone Anesthesia Machines
2) By Type: Continuous Anesthesia Machines; Intermittent Anesthesia Machines; Other Types
3) By End-user: Hospital; Clinics; Ambulatory Surgical Centers
Key Companies Mentioned: General Electric Company; Medtronic plc; Medline Industries Inc.; Koninklijke Philips N.V.; Datex-Ohmeda Inc.
Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time Series: Five years historic and ten years forecast
Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita
Data Segmentation: Country and regional historic and forecast data, market share of competitors, market segments
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes
Delivery Format: PDF, Word and Excel Data Dashboard
Companies Mentioned
- General Electric Company
- Medtronic plc
- Medline Industries Inc.
- Koninklijke Philips N.V.
- Datex-Ohmeda Inc.
- Covidien plc
- B. Braun Holding GmbH & Co. KG
- Mindray Medical International Limited
- Dragerwerk Ag & Co. KGAA
- Teleflex Incorporated
- Getinge Group
- Smiths Medical Inc.
- Masimo Corporation
- Fisher & Paykel Healthcare Corporation Limited
- Spacelabs Healthcare LLC
- Oricare Inc.
- OSI Systems Inc.
- Shenzhen Landwind Medical Co. Ltd.
- Infinium Medical Inc.
- Midmark Corporation
- Ambu AS
- Penlon Limited
- Aeonmed Co.Ltd.
- Beijing Siriusmed Medical Device Co.Ltd.
- Heyer Medical AG
- Dameca A/S
- Carefusion Corporation
- DRE Inc.
- Shenzhen Comen Medical Instruments Co. Ltd.
- HERSILL S.L.
- Allied Medical Limited
- BPL Medical Technologies Pvt. Ltd.
Methodology
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Table Information
Report Attribute | Details |
---|---|
No. of Pages | 250 |
Published | February 2024 |
Forecast Period | 2024 - 2028 |
Estimated Market Value ( USD | $ 23.24 Billion |
Forecasted Market Value ( USD | $ 34.2 Billion |
Compound Annual Growth Rate | 10.1% |
Regions Covered | Global |
No. of Companies Mentioned | 32 |