Increasing number of surgical procedures is driving the anesthesia monitoring devices market growth.
PUNE, India, Feb. 1, 2023 /PRNewswire/ --
Analyst View:
The global Anesthesia Monitoring Devices Market is currently valued at USD billion and is expected to reach USD 3863 billion by the end of 2029, growing at a CAGR of 11% over the next decade.
Anesthesia Monitoring Devices (AMD) helps you to provide excellent patient care by monitoring the patient and assisting in the administration of anesthesia. The key factors driving the growth of this market are the increasing healthcare expenditure, rising prevalence of chronic diseases in children, advancement in FDA regulations regarding drug safety and efficacy as well as poor quality healthcare service delivery systems.These devices are used for routine patient care, as well as for monitoring anesthesia use, medication dosing, respiratory feedback and cardiac output. Anesthesia Monitoring Devices, or A.M. devices, are used to help monitor the patient's vital signs during general anesthesia. A.M. devices include tiny monitors, sensors and electrodes that are placed on the skin, inside the mouth and on arteries in order to record heart rate changes and blood oxygen levels.
Anesthesia Monitoring Devices are designed to provide your doctor with accurate and reliable data during anesthetic procedures. The anesthesia monitoring devices can be used as an additional tool in providing you with high quality anesthesia care.
Growth Drivers
The growth drivers for anesthesia monitoring devices are: improving patient safety and outcomes, reducing costs and improving productivity, increasing customer satisfaction and profitability; enabling use of newer, smaller monitors while maintaining high quality performance.
A device that continuously monitors the patient and can alert a caregiver if there is movement, blood pressure changes or other signs of human distress.
The need for patient safety and long-term outcomes, the health care system's focus on efficiency, the growth of clinical technologies, high costs and rising reimbursement levels.
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Instant Developments:
In March 2022, Clinical intelligence company BioIntelliSense expanded its remote care technologies portfolio with the launch of a new rechargeable wearable monitoring device, BioButton.
Anesthesia Monitoring Devices Market Share Insights-> North America (49%) accounts for the largest share of the global Anesthesia Monitoring Devices Market due to significant presence of key market players in the region.
Market Segmentation Summary:
anesthesia monitoring devices Market is classified into four segments, based on end-user. The first segment includes hospitals and nursing homes. These establishments use anesthesia monitoring devices in all surgeries conducted during their operations. The second segment includes diagnostic centers that use their devices to monitor patients who are undergoing various tests such as colonoscopies, cardiac examinations, and more. The third segment includes outpatient clinics that use the devices to monitor medical conditions of their patients such as diabetes complications, high blood pressure and more. The fourth segment comprises ambulatory care centers which use a variety of anesthesia monitoring devices such as continuous monitors (CPAP) or pulse oximeters to record vital signs and test results.
Anesthesia Monitoring Devices Market Report Scope:
Featured points of the Report |
Details |
Anesthesia Monitoring Devices Market Size |
USD 1510 billion |
Revenue Forecast in 2029 |
USD 3863 billion |
CAGR Value |
11% CAGR |
Forecast Period |
2023-2029 |
Top Competitor |
Masimo Corporation, Fukuda Denshi Co. Ltd., Infinium Medical, Inc., Medtronic plc, GE Healthcare, Nihon Kohden Corp., Philips Healthcare, Mindray Medical International Ltd., Drägerwerk AG & Co. KGaA, biointellisense and Schiller AG, and Others |
Key Segments |
By Product, End-User, and Region |
Report Coverage |
Market growth drivers, constraints, opportunities, Porter's five forces analysis, PEST analysis, value chain analysis, regulatory landscape, market attractiveness analysis by segment and region, market share analysis of companies, and COVID-19 impact analysis. |
Regional Scope |
North America, , Asia Pacific, Europe, Middle East & Africa, and South & Central America |
Customization Scope |
15% Free Customization |
Quick buy |
Request custom-made purchasing options to fulfil your requirements for research. Explore Purchase Options |
Learn about the contribution of each segment summarized in concise info graphics and thorough descriptions View a FREE PDF Sample Report
Anesthesia Monitoring Devices Market: Regional Landscape
Presence of well-developed primary, secondary, and tertiary care facilities in the North America region drives market growth.
North America is projected to hold the largest share of global anesthesia monitoring equipment. Expansion in the North American region has been aided by the presence of well-developed primary, secondary and tertiary utility facilities. In addition, well-developed reimbursement networks, cheap government funding, and increased health awareness have made advanced treatments such as anesthetic monitoring more accessible.
In this report, the market has been segmented on the basis of:
Anesthesia Monitoring Devices Market by Product
- Advanced Anesthesia Monitors
- Basic Anesthesia Monitors
- Integrated Workstations
Anesthesia Monitoring Devices Market by End User
- Hospitals
- Specialty Clinic
- Ambulatory Settings
Anesthesia Monitoring Devices Market by Regions
- North America
- Europe
- Asia Pacific
- South America
- Middle East And Africa
Important Countries In All Regions Are Covered.
Key Target Audience
- Clinic Service Providers
- Clinic Equipment Distributors
- Clinic Equipment Manufacturers
- Clinics
- Hospitals
- Healthcare Companies
- Pharmaceutical Companies
- Market Research and Consulting Firms
- Government Bodies & Regulating Authorities
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What are the goals of the report?
- The projected market size of the Anesthesia Monitoring Devices Market industry at the end of the forecast period is presented in this market report.
- Analysis of past and present market size.
- Chart shows annual growth rate (%) and compound annual growth rate (CAGR) for each forecast period based on various indicators.
- The Research includes market overview, geographic scope, segmentation and financial performance of key competitors.
- The research assesses the current status and future growth opportunities of the industry in North America, Asia Pacific, Europe, Latin America, Middle East and Africa.
Read Exactitude Consultancy's research report on the global healthcare industry-> https://exactitudeconsultancy.com/product-category/life-sciences/healthcare/
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