Anesthesia can be monitored with different methods, such as ECG, EEG Monitors, bispectral index (BIS) obtained from EEG, oxygen and carbon dioxide analyzers, and temperature monitors, among others. Other monitoring instruments can be included, depending on patient’s condition, the type of surgical procedure, and the type of anesthesia used. In 2014, the advanced anesthesia monitors segment accounted for the largest share of 62.7% of the global anesthesia monitoring devices market. The end users are hospitals and ambulatory surgery centers. The hospitals segment is the largest end user with a share of 76.9% of the global anesthesia monitoring devices market in 2014, and is estimated to grow at a CAGR of 12.5% from 2015 to 2020.
Globally, the North America anesthesia monitoring devices market is the largest and is expected to grow at a CAGR of 11.3% during the forecast period. The large share is attributed to rise in the aging population and growing awareness among physician about the benefits of anesthesia monitoring devices. Anesthesia monitoring devices have become essential medical devices for hospitals, ambulatory surgery centers, clinics, and nursing homes. The significance of these devices is expected to improve its demand.
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Advancements in technology and rise in number of surgeries are other growth factors. With the rising number of surgeries globally, there is a boost in the growth of anesthesia monitoring devices market. According to Centers for Disease Control and Prevention (CDC), 51.4 million surgeries have taken place in the U.S. in 2014. Also, due to technological advancements and rising competition in the market, there is a demand for sophisticated and persistent technological advancements for better results. However, the cost of high-end equipment and the depth of anesthesia monitoring devices and integrated systems for initial setups act as major restraining factors for the anesthesia monitoring devices market.
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The purpose of this report is to cover the definition, description, and forecast of the global anesthesia monitoring devices market. It involves deep dive analysis of market segmentation that comprises of submarkets, products, and end users. The report also gives the deep insights and strategic analysis of key players for the market. In this report, the anesthesia monitoring devices market is segmented on the basis of its products and end users. The global anesthesia monitoring devices market, by product, is segmented into advanced anesthesia monitors, basic anesthesia monitors, integrated anesthesia workstation, and others (IT enabled). The advanced anesthesia monitors are further sub segmented into anesthesia gas monitors, depth of anesthesia, standalone capnography monitors, and others (MRI compatible anesthesia monitors).
The report also provides a detailed competitive landscaping of companies operating in this market. Segment and country specific company shares, news &deals, M&A, segment specific pipeline products, product approvals and product recalls of major companies would be detailed. The main companies operating in this market are GE Healthcare (U.K.), Philips Healthcare (The Netherlands), Draegerwerk AG & Co. KGaA (Germany), Nihon Kohden Corporation (China), Mindray Medical International Limited (China), Masimo (U.S.), Infinium Medical (U.S.), Medtronic (U.S.).
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