Anesthesia Devices Market, By Product Type (Anesthesia Workstation, Anesthesia Delivery Machines (Portable and Standalone), Anesthesia Ventilators, and Anesthesia Monitors), By Disposables and Accessories (Anesthesia Circuits (Breathing Circuits), Anesthesia Masks, Endotracheal Tubes (ETTs), and Laryngeal Mask Airways (LMAs)), By Application (Orthopedics, Cardiology, Urology, Neurology, Dental, Ophthalmology, and Others), By End-Users (Hospitals, Clinics, Ambulatory Surgical Centers, and Others), and By Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) - Trends, Analysis and Forecast till 2034

Report Code: PMI373019 | Publish Date: February 2024 | No. of Pages: 170

Global Anesthesia Devices Market By Overview

Introduction:

Anesthesia Devices Market was valued at US$ 23.8 Billion in 2024 and is projected to grow at a CAGR of 10.1% to reach US$ 57 Billion by 2034.Anesthesia devices are technologically advanced medical products that are used for providing anesthesia during pre-surgery or at the time of surgery to prevent the patient from feeling pain. General anesthesia, regional anesthesia, local anesthesia, and IV/monitored anesthesia are different types of anesthesia.  Increase in chronic diseases like heart disease and kidney disease has given rise to more surgeries that help in improving the physical appearance, transplanting tissue or whole organs, repairing diseased tissue or organs, and repositioning the structure to its normal position.

The approach towards improving patient care and safety, along with rapid technological advancements in medical devices by major players, are major factors expected to support the growth of the global market over the forecast period. Use of anesthesia in surgical procedures is expected to drive the target market growth over the forecast period.

Global Anesthesia Devices Market By Dynamics

                                      Rising prevalence of chronic diseases and surgical procedures

The rising prevalence of chronic diseases has given rise to an increase in surgical procedures, which has become a major factor in anesthesia devices market growth. Many chronic diseases are caused by risk behaviors such as tobacco use, poor nutrition, including a diet high in sodium and low in fruits and vegetables, excessive alcohol use, and a lack of exercise. Cancer, heart disease, and diabetes are three major types of chronic diseases that have become the world's leading causes of death and disability. Further, according to the CDC (Centers for Disease Control and Prevention), six in ten adults in the United States have a chronic disease, and four in ten adults have two or more types of chronic diseases.

For instance, according to the CDC (Centers for Disease Control and Prevention), the data on chronic disease in the United States are as follows:

Heart Disease and Stroke: Around 877,500 Americans die of stroke or heart diseases each year, costing the country's healthcare system around $216 billion per year. Cancer: more than 1.7 million people are diagnosed with cancer in the U.S. Diabetes: More than 3.7 million Americans have diabetes, and 96 million adults have pre-diabetes. Excessive use of alcohol—around 140,000 deaths are caused each year due to excessive use of alcohol in the United States.

Rising surgical procedures due to chronic disease have become a major contributor to anesthesia devices market growth.

Further, according to the CDC (Centers for Disease Control and Prevention) and National Health Statistics Reports, it was estimated that in 2010, around 25.7 million (53%) ambulatory surgical procedures were performed in hospitals and 22.5 million (47%) were performed in ASCs (ambulatory surgical centers) in the United States.

Restrains:

Defects in anesthesia devices cause serious injuries or even death in patients, which hamper the target market growth. Many challenges are considered while developing anesthesia devices, as due to defects the product gets recalled, which can hinder the anesthesia devices market growth.

Further, in 2022, according to the FDA (Food and Drug Administration), Getinge USA Sales Inc. recalled "Flow-c" and "Flow-e" anesthesia devices after receiving reports of cracked on/off switches in the system’s suction unit. FDA has identified the company’s anesthesia system as a Class I recall, which is the most serious type of recall, and use of this device may cause serious injuries or even death in patients.

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Global Anesthesia Devices Market By Segmentation

Anesthesia Devices Market _ Segmentation

Anesthesia Devices Market is segmented based on Product Type, Disposables and Accessories, Application, End-Users and Region.

Product Type Insight

On the basis of Product Type, Anesthesia Devices Market is segmented into Anesthesia Workstation, Anesthesia Delivery Machines (Portable and Standalone), Anesthesia Ventilators, and Anesthesia Monitors. Anesthesia Delivery Machines (Portable and Standalone), is expected to dominate the target market growth owing to technological advancement.

Disposables and Accessories Insights

On the basis of Disposables and Accessories, Anesthesia Devices Market is segmented into Anesthesia Circuits (Breathing Circuits), Anesthesia Masks, Endotracheal Tubes (ETTs), and Laryngeal Mask Airways (LMAs). Anesthesia Circuits (Breathing Circuits) is expected to dominate the target market growth as it delivers oxygen and removes carbon dioxide.

Application Insights

On the basis of Application Anesthesia Devices Market is segmented into Orthopedics, Cardiology, Urology, Neurology, Dental, Ophthalmology, and Others. Cardiology is expected to dominate the target market growth because of the soaring prevalence of chronic conditions caused due to an unhealthy lifestyle.

For instance, according to the CDC (Centers for Disease Control and Prevention), about 697,000 people in the US died from heart disease in 2020, and one person dies every 34 seconds in the US from cardiovascular disease.

End-Users

On the basis of End-Users, Anesthesia Devices Market is segmented into Hospitals, Clinics, Ambulatory Surgical Centers, and Others. Hospitals are expected to dominate the target market growth because of robust healthcare infrastructures, the presence of healthcare professionals, and all care facilities provided under one roof.

Regional Insights:

On region the Anesthesia Devices Market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The North American market is estimated to witness a significantly high revenue share over the forecast period, owing to the rising prevalence of chronic diseases, robust healthcare infrastructure, and technological advancements that are anticipated to increase demand for anesthesia devices in the region.

Further, according to the CDC (Centers for Disease Control and Prevention), cancer, heart diseases, and diabetes are major types of chronic diseases, which have become the leading cause of death and disability in the United States and cause $4.1 trillion in annual healthcare costs.

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Attribute

Details

Base year for estimation

2023

Forecast period

2024 – 2034

Market representation

Revenue in USD Billion & CAGR from 2024 to 2034

Market Segmentation

By Product Type - Anesthesia Workstation, Anesthesia Delivery Machines (Portable and Standalone), Anesthesia Ventilators, and Anesthesia Monitors

By Disposables and Accessories - Anesthesia Circuits (Breathing Circuits), Anesthesia Masks, Endotracheal Tubes (ETTs), and Laryngeal Mask Airways (LMAs)

By Application - Orthopedics, Cardiology, Urology, Neurology, Dental, Ophthalmology, and Others

By End-Users - Hospitals, Clinics, Ambulatory Surgical Centers, and Others

 

 

Regional scope

North America - U.S., Canada

Europe - UK, Germany, Spain, France, Italy, Russia, Rest of Europe

Asia Pacific - Japan, India, China, South Korea, Australia, Rest of Asia-Pacific

Latin America - Brazil, Mexico, Argentina, Rest of Latin America

Middle East & Africa - South Africa, Saudi Arabia, UAE, Rest of Middle East & Africa

Report coverage

Revenue forecast, company share, competitive landscape, growth factors, and trends

Segments Covered in the Report:

This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends and opportunities in each of the sub-segments from 2022 to 2032. For the purpose of this study, has segmented the Anesthesia Devices Market report based on Product Type, Disposables and Accessories, Application, End-Users and Region.

Anesthesia Devices Market, By Product Type:

  • Anesthesia Workstation
  • Anesthesia Delivery Machines (Portable and Standalone)
  • Anesthesia Ventilators
  • Anesthesia Monitors

Anesthesia Devices Market, By Disposables and Accessories:

  • Anesthesia Circuits (Breathing Circuits)
  • Anesthesia Masks
  • Endotracheal Tubes (ETTs)
  • Laryngeal Mask Airways (LMAs)

Anesthesia Devices Market, By Application:

  • Orthopedics
  • Cardiology
  • Urology
  • Neurology
  • Dental
  • Ophthalmology
  • Others

Anesthesia Devices Market, By End-Users:

  • Hospitals
  • Clinics
  • Ambulatory Surgical Centers
  • Others

Anesthesia Devices Market, By Region:

      • North America
          • U.S.
          • Canada
      • Europe
          • Germany
          • UK
          • France
          • Russia
          • Italy
          • Rest of Europe
      • Asia Pacific
          • China
          • India
          • Japan
          • South Korea
          • Rest of Asia Pacific
      • Latin America
          • Brazil
          • Mexico
          • Rest of Latin America
      • Middle East & Africa
          • GCC
          • Israel
          • South Africa
          • Rest of Middle East & Africa

Global Anesthesia Devices Market By Key Players

The key players operating the Anesthesia Devices Market includes, 3M Company, Becton Dickinson and Company, GE Healthcare, B. Braun Melsungen AG, Teleflex Inc., Koninklijke Philips N.V., Medtronic Plc., Smith Group plc., Ambu A/S, Invacare Corporation, and others.

Global Anesthesia Devices Market By Company Profile

  • Medtronic Plc.*
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • 3M Company
  • Becton Dickinson and Company
  • GE Healthcare
  • B. Braun Melsungen AG
  • Teleflex Inc.
  • Koninklijke Philips N.V.
  • Smith Group plc.
  • Ambu A/S
  • Invacare Corporation

 “*” marked represents similar segmentation in other categories in the respective section

Global Anesthesia Devices Market By Table of Contents

  1. Research Objective and Assumption
    • Preface
    • Research Objectives
    • Study Scope
    • Years Considered for the study
    • Assumptions
    • Abbreviations
  2. Research Methodology
    • Research data
    • Primary Data
      • Primary Interviews
      • Primary Breakdown
      • Key data from Primary Sources
      • Key Thickness Insights
    • Secondary Data
      • Major Secondary Sources
      • Secondary Sources
    • Market Estimation
    • Top-Down Approach
      • Approach for estimating Market Share by Top-Down Analysis (Supply Side)
    • Bottom-Up Approach
      • Approach for estimating market share by Bottom-up Analysis (Demand Side)
    • Market Breakdown and Data Triangulation
    • Research Assumptions
  3. Market Purview
    • Executive Summary
    • Key Findings—Global Outlook for medical carts Strategies
      • Key Questions this Study will Answer
      • Market Snippet, By Product Type
      • Market Snippet, By Disposables and Accessories
      • Market Snippet, By Application
      • Market Snippet, By End-Users
      • Market Snippet, By Region
    • Opportunity Map Analysis
    • Executive Summary—3 Big Predictions
  4. Market Dynamics, Regulations, and Trends Analysis
    • Market Dynamics
      • Drivers
      • Restrains
      • Market Opportunities
      • Market Trends
    • DR Impact Analysis
    • PEST Analysis
    • Porter’s Five Forces Analysis
    • Opportunity Orbit
    • Market Investment Feasibility Index
    • Macroeconomic Factor Analysis
  5. Anesthesia Devices  Market, By Product Type
    • Overview
      • Market Value and Forecast (US$ Bn), and Share Analysis (%), 2022 – 2032
      • Y-o-Y Growth Analysis (%), 2022 – 2032
      • Segment Trends
    • Anesthesia Workstation
      • Overview
      • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2022 – 2032
    • Anesthesia Delivery Machines (Portable and Standalone)
      • Overview
      • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2022 – 2032
    • Anesthesia Ventilators
      • Overview
      • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2022 – 2032
    • Anesthesia Monitors
      • Overview
      • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2022 – 2032
  6. Anesthesia Devices Market, By Disposable and Accessories, 2022 – 2032, (US$ Bn)
    • Overview                                      
      • Market Value and Forecast (US$ Bn), and Share Analysis (%), 2022 – 2032
      • Y-o-Y Growth Analysis (%), 2022 – 2032
      • Segment Trends
    • Anesthesia Circuits (breathing circuits)
      • Overview
      • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2022 – 2032
    • Anesthesia Masks
      • Overview
      • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2022 – 2032
    • Endotracheal Tubes (ETTs)
      • Overview
      • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2022 – 2032
    • Laryngeal Mask Airways (LMAs)
      • Overview
      • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2022 – 2032
  7. Anesthesia Devices Market, By Application, 2022 – 2032, (US$ Bn)
    • Overview                                      
      • Market Value and Forecast (US$ Bn), and Share Analysis (%), 2022 – 2032
      • Y-o-Y Growth Analysis (%), 2022 – 2032
      • Segment Trends
    • Orthopedics
      • Overview
      • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2022 – 2032
    • Cardiology
      • Overview
      • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2022 – 2032
    • Urology
      • Overview
      • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2022 – 2032
    • Neurology
      • Overview
      • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2022 – 2032
    • Dental
      • Overview
      • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2022 – 2032
    • Ophthalmology
      • Overview
      • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2022 – 2032
    • Others
      • Overview
      • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2022 – 2032
  8. Anesthesia Devices Market, By End-Users, 2022 – 2032, (US$ Bn)
    • Overview                                      
      • Market Value and Forecast (US$ Bn), and Share Analysis (%), 2022 – 2032
      • Y-o-Y Growth Analysis (%), 2022 – 2032
      • Segment Trends
    • Hospitals
      • Overview
      • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2022 – 2032
    • Clinics
      • Overview
      • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2022 – 2032
    • Ambulatory Surgical Centers
      • Overview
      • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2022 – 2032
    • Others
      • Overview
      • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2022 – 2032
  9. Anesthesia Devices Market, By Region, 2022 – 2032, (US$ Bn)
    • Overview
      • Market Value and Forecast (US$ Bn), and Share Analysis (%), 2022 – 2032
      • Y-o-Y Growth Analysis (%), 2022 – 2032
      • Regional Trends
    • North America
      • Market Size and Forecast (US$ Bn), By Product Type, 2022 – 2032
      • Market Size and Forecast (US$ Bn), By Disposable and Accessories, 2022 – 2032
      • Market Size and Forecast (US$ Bn), By Application, 2022 – 2032
      • Market Size and Forecast (US$ Bn), By End-Users, 2022 – 2032
      • Market Size and Forecast (US$ Bn), By Country, 2022 – 2032
        • U.S.
        • Canada
    • Europe
      • Market Size and Forecast (US$ Bn), By Product Type, 2022 – 2032
      • Market Size and Forecast (US$ Bn), By Disposable and Accessories, 2022 – 2032
      • Market Size and Forecast (US$ Bn), By Application, 2022 – 2032
      • Market Size and Forecast (US$ Bn), By End-Users, 2022 – 2032
      • Market Size and Forecast (US$ Bn), By Country, 2022 – 2032
        • UK
        • France
        • Germany
        • Russia
        • Italy
        • Rest of Europe
    • Asia Pacific
      • Market Size and Forecast (US$ Bn), By Product Type, 2022 – 2032
      • Market Size and Forecast (US$ Bn), By Disposable and Accessories, 2022 – 2032
      • Market Size and Forecast (US$ Bn), By Application, 2022 – 2032
      • Market Size and Forecast (US$ Bn), By End-Users, 2022 – 2032
      • Market Size and Forecast (US$ Bn), By Country, 2022 – 2032
        • India
        • Japan
        • South Korea
        • China
        • Rest of Asia Pacific
    • Latin America
      • Market Size and Forecast (US$ Bn), By Product Type, 2022 – 2032
      • Market Size and Forecast (US$ Bn), By Disposable and Accessories, 2022 – 2032
      • Market Size and Forecast (US$ Bn), By Application, 2022 – 2032
      • Market Size and Forecast (US$ Bn), By End-Users, 2022 – 2032
      • Market Size and Forecast (US$ Bn), By Country, 2022 – 2032
        • Brazil
        • Mexico
        • Rest of Latin America
    • Middle East & Africa
      • Market Size and Forecast (US$ Bn), By Product Type, 2022 – 2032
      • Market Size and Forecast (US$ Bn), By Disposable and Accessories, 2022 – 2032
      • Market Size and Forecast (US$ Bn), By Application, 2022 – 2032
      • Market Size and Forecast (US$ Bn), By End-Users, 2022 – 2032
      • Market Size and Forecast (US$ Bn), By Country, 2022 – 2032
        • GCC
        • Israel
        • South Africa
        • Rest of Middle East

Competitive Landscape

  • Heat Map Analysis
  • Market Presence and Specificity Analysis

Company Profiles

  • 3M Company
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Becton Dickinson and Company
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • GE Healthcare
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • B. Braun Melsungen AG
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Teleflex Inc.
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Koninklijke Philips N.V.
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Medtronic Plc.
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Smith Group plc.
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Ambu A/S
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Invacare Corporation
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  1. The Last Word
    • Future Impact
    • About Us
    • Contact

FAQs

The Anesthesia Devices Market is segmented into Product Type, Disposables and Accessories, Application, End-Users and Region.

Anesthesia Devices Market is driven by factors like rising prevalence of chronic diseases and surgical procedures.

By region, the Anesthesia Devices market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The North America market is estimated to witness a significantly high revenue share over the forecast period.

The key players operating the Anesthesia Devices Market includes, 3M Company, Becton Dickinson and Company, GE Healthcare, B. Braun Melsungen AG, Teleflex Inc., Koninklijke Philips N.V., Medtronic Plc., Smith Group plc, Ambu A/S, Invacare Corporation, and others.