According to statistics made by Insure Insight, the anesthesia delivery unit and monitoring devices market is anticipated to witness a fast growth at a CAGR of 7.50% during the forecast period (2022 – 2029).

GLOBAL ANESTHESIA DELIVERY UNIT AND MONITORING DEVICES MARKET – MARKET OVERVIEW

The anesthesia delivery unit and monitoring system comprise the anesthesia machine, anesthesia vaporizer, ventilator, breathing circuit, and waste scavenging system.

GLOBAL ANESTHESIA DELIVERY UNIT AND MONITORING DEVICES MARKET – MARKET DYNAMICS

The factors boosting the growth of the anesthesia delivery unit and monitoring devices market include the increasing demand for enhanced monitoring devices, the continuous development in the anesthesia delivery device industries, and increased utilization of anesthesia.

Top Driver: The increasing awareness of the anesthesia delivery units is expected to boost the growth of the market

The rising awareness and popularity of anesthesia delivery unit devices in the market are driving the growth of the market. Also, the increasing demand for these devices in specialized healthcare centers, by physicians and patients will propel the growth of the market.

Top Driver: Limitations associated with anesthesia devices will hinder the growth of the market

However, the high costs of these devices and the reduction in the reimbursements provided by the government for medical instruments are expected to obstruct the growth of the market during the forecast period.

COVID-19 IMPACT ON THE GLOBAL ANESTHESIA DELIVERY UNIT AND MONITORING DEVICES MARKET

The SARS-CoV2 virus which appeared as an unknown pneumonia-like disease in December 2019, obtained the status of a global pandemic, by March 2020. Like all other industries, the life sciences sector is also severely hit by the COVID-19 pandemic. This was mainly caused by a drop in healthcare providers and reduced patient interactions as hospitals shifted their resources to COVID-19. As the hospitals moved their attention towards developing a pandemic cure, many patients around the world started avoiding health care facility visits and postponed preventative care, which in turn dampened the demand for non-COVID-19 products and trials. For instance, since April 2020 nearly 70% of clinical trials have been affected due to suspension of enrollment and almost 13% have experienced delayed trials. However, rapid change in strategy by major market players considering the existence of pandemic conditions will boost the market growth over the forecast period.

The North American region possesses the largest share in the anesthesia delivery unit and monitoring devices market

Due to the increasing number of geriatrics in this region, the high demand for surgical operations, the active participation of key market players in the development of technologically advanced devices, and the government initiatives in this region, the North American region, therefore, dominates the anesthesia delivery unit and monitoring devices market.

Furthermore, the Asia-Pacific region is anticipated to witness a great expansion at the fastest CAGR during the forecast period, due to the rising demands for ameliorated monitoring devices.

COMPETITIVE ANALYSIS

The anesthesia delivery unit and monitoring devices market is extremely competitive with the presence of local and global companies. And also with the presence of major key players, mergers, acquisitions, and launching of products.

KEY PLAYERS IN THE ANESTHESIA DELIVERY UNIT AND MONITORING DEVICES MARKET

Some of the major key players in the anesthesia delivery unit and monitoring devices market include:

• Medtronic
• GE Healthcare
• Smith’s Medical
• Teleflex Inc.
• Koninklijke Philips N.V
• OSI Systems
• Fisher and Paykel
• Getinge
• Drager
• Sedana Medical AG.

Scope of the Report

• By Type
• Monitoring devices
• Anesthesia Delivery devices
• Disposable Devices
• Others

• By End-User
• Hospitals
• Clinics
• Research Centers
• Others

• By Region
• North America (the United States & Canada)
• Europe (Germany, UK, France, Spain, Italy, and the Rest of Europe)
• Asia Pacific (China, Japan, India, and Rest of Asia Pacific)
• Rest of the World (the Middle East & Africa, Latin America, and Rest of The World)

Keys reasons to purchasing this report

• It provides a technological development map over time to understand the industry’s growth rate and indicates how the Anesthesia Delivery Unit and Monitoring Devices market is evolving.
• The report offers a dynamic method to various factors that drive or restrain the growth of the market and specifies which of the Anesthesia Delivery Unit and Monitoring Devices submarkets will be the main driver of the overall market from 2019 to 2028.
• It renders a definite analysis of changing competitive dynamics and stipulates the leading players and what are their prospects over the forecast period.

It builds a seven-year estimate based on how the market is predicted to grow and shows what will market shares of the national markets change by 2028 and which nation will lead the market in 2028?