Anesthesia Monitoring Devices Market - Forecast(2022 - 2027)

Report Code: HCR 0635 Report Format: PDF + Excel

Anesthesia Monitoring Devices Market Overview

Anesthesia Monitoring Devices Market size is estimated to reach $3.8 billion by 2027, growing at a CAGR of 10.1% during the forecast period 2022-2027. Anesthesia monitoring devices are utilized for medication and gas distribution to patients and to assess and demonstrate the physiological condition of the patient. Capnography monitors are utilized in healthcare amenities to assess end-tidal CO2 (EtCO2), or the quantity of carbon dioxide a patient breathes out. Conventionally, supervising this exchange is vital when a patient moves under anesthesia, but it can also be convenient in additional scenarios also. Gas monitors can assess either a single gas or multiple gases and are classified into two typical categories: mainstream and sidestream. Though anesthesia providers can utilize mainstream monitors, the extensive majority of monitors in the present application are sidestream. Sidestream monitors deflect gas blends from the breathing circuit through a continuous pump. Presently, EEG monitors are utilized to evaluate, in real-time, either the state of “well-being” of the higher central nervous system (CNS) or the pharmacodynamic impact of anesthetic medication.
The proliferating demand for pain-free surgeries and the establishment of automatized record-keeping systems are set to drive the Anaesthesia Monitoring Devices Market. The surging financing within the market, which is backing the technological progress in anesthesia machines involving capnography monitors and techniques is set to propel the growth of the Anaesthesia Monitoring Devices Market during the forecast period 2022-2027. This represents the Anesthesia Monitoring Devices Industry Outlook.

Report Coverage

The report: Anesthesia Monitoring Devices Market Forecast (2022-2027)”, by Industry ARC, covers an in-depth analysis of the following segments of the Anesthesia Monitoring Devices Market.

By Product Type: Basic Anesthesia Monitor, Integrated Anesthesia Workstation, Advanced Anesthesia Monitor (Gas Monitor, Standalone Capnography Monitor, Monitors For Depth Of Anesthesia, MRI Compatible Anesthesia Monitor), Others.

By End User: Hospitals And Clinics, Ambulatory Surgical Centers, Nursing Homes, Others.

By Geography: North America (U.S, Canada and Mexico), Europe (Germany, France, UK, Italy, Spain, Russia and Rest of Europe), Asia-Pacific (China, Japan, South Korea, India, Australia & New Zealand, and Rest of Asia-Pacific), South America (Brazil, Argentina, Chile, Colombia, Rest of South America), and Rest Of The World (Middle East, Africa).

Key Takeaways

  • Geographically, North America Anaesthesia Monitoring Devices Market accounted for the highest revenue share in 2021 and it is poised to dominate the market over the period 2022-2027 owing to the surging count of surgeries, which in turn, has elevated the awareness amidst surgeons towards the advantages provided by anesthesia monitoring devices including capnography monitors in the North American region.
  • Anaesthesia Monitoring Devices Market growth is being driven by the launch of different novel supervising techniques, like supervising the depth of anesthesia and goal-directed fluid therapy and the application of devices like capnography monitors. However, in the beginning, stage of the pandemic, owing to the increasing cases of COVID-19, all hospitals, worldwide, had called off they are scheduled and elective surgeries and the stoppage of surgical procedures is one of the major factors hampering the growth of the Anaesthesia Monitoring Devices Market. 
  • Anaesthesia Monitoring Devices Market Detailed Analysis on the Strength, Weakness, and Opportunities of the prominent players operating in the market will be provided in the Anaesthesia Monitoring Devices Market report. 

    Anesthesia Monitoring Devices Market: Market Share (%) by Region, 2021


     For more details on this report - Request for Sample 

Anaesthesia Monitoring Devices Market Segment Analysis – By Product Type:

The Anaesthesia Monitoring Devices Market based on product type can be further segmented into Basic Anesthesia Monitor, Integrated Anesthesia Workstation, Advanced Anesthesia Monitor, and Others. The Advanced Anesthesia Monitor Segment held the largest market share in 2021. This growth is owing to the greater precision, durability, and reliability in supervising anesthesia. The advanced Anesthesia Monitoring Monitor segment includes gas monitors and capnography monitors. The proliferating application of Advanced Anesthesia Monitor in monitoring important parameters like carbon dioxide levels is further propelling the growth of the Advanced Anesthesia Monitor segment.
Furthermore, the Integrated Anesthesia Workstation segment is estimated to grow with the fastest CAGR of 11.3% during the forecast period 2022-2027 owing to the extensive technological progress in  Integrated Anesthesia Workstation which is complete anesthesia and respiratory gas delivery and monitoring device and may integrate improved ventilation characteristics, gas administration, and agent vapourization with patient monitoring and information management apart from the application of advanced anesthesia monitors like gas monitors and capnography monitors.

Anesthesia Monitoring Devices Market Segment Analysis – By End User:

The Anesthesia Monitoring Devices Market based on end-user can be further segmented into Hospitals And Clinics, Ambulatory Surgical Centers, Nursing Homes, and Others. The Hospitals And Clinics Segment held the largest market share in 2021. This growth is owing to the effortless availability of progressive infrastructure in conjunction with skilled personnel in hospitals and clinics. Anesthesia Monitoring Devices include capnography monitors and gas monitors. The proliferating application of Anesthesia Monitoring Devices for the treatment of incessant ailments like cardiovascular ailments is further propelling the growth of this segment.
Furthermore, the Ambulatory Surgical Centers segment is estimated to grow with the fastest CAGR of 11.7% during the forecast period 2022-2027 owing to the boost in the count of ambulatory surgical centers and the surging application of advanced anesthesia monitors like gas monitors and capnography monitors.

Anesthesia Monitoring Devices Market Segment Analysis – By Geography:

The Anaesthesia Monitoring Devices Market based on geography can be further segmented into North America, Europe, Asia-Pacific, South America, and the Rest of the World. North America (Anaesthesia Monitoring Devices Market) held the largest share with 35% of the overall market in 2021. The growth of this region is owing to the increasing predominance of ailments like obesity, cardiovascular ailments, and different kinds of cancers in the U.S. in the North American region. Anaesthesia Monitoring Devices include gas monitors and capnography monitors. The boost in the count of minimally invasive surgeries for incessant ailments is further propelling the growth of the Anaesthesia Monitoring Devices Market in the North American region.
Furthermore, the Asia-Pacific region is estimated to be the region with the fastest CAGR rate over the forecast period 2022-2027. This growth is owing to factors like expanding pervasiveness of incessant ailments like obesity and cardiovascular ailments in the Asia-Pacific region. The surging application of open and minimally-invasive procedures and the proliferating application of capnography monitors are further fuelling the progress of the Anesthesia Monitoring Devices Market in the Asia-Pacific region.

Anesthesia Monitoring Devices Market - Drivers

Surging Applications Of Capnography Monitors Are Projected To Drive The Growth Of Anesthesia Monitoring Devices Market:

Capnography can be utilized to assess end-tidal CO2. In conditions of normal breathing (6 L/min, 12 breaths/min, 500 ml for tidal volume) etCO2 is very near alveolar CO2. Since issues with lungs are not typical and gas swap between alveoli and the blood is very fast and successful, alveolar CO2 mirrors arterial CO2. Therefore, for normal breathing parameters, capnography can be utilized to characterize the CO2 level in the alveoli and arterial blood. Disregarding the situation, capnography monitors, termed capnographs, are an important portion of patient supervision. Capnographs assess the carbon dioxide exchange that happens in the lungs as breathing happens. Keeping track of this exchange is vital at the time of medical processes, specifically those that include anesthesia, owing to capnographs expeditiously discovering variances and crisis situations that can be life alarming like respiratory depression, bad circuits, and misplaced tracheal tubes. The Capnotron is one of the most progressive capnography medical monitors in the industry and is only accessible from Infinium Medical. The surging applications of Capnography Monitors are therefore fuelling the growth of the Anesthesia Monitoring Devices Market during the forecast period 2022-2027.

Soaring Applications Of Anaesthetic Gas Monitors Are Expected To Boost The Demand Of Anesthesia Monitoring Devices:

Anesthesia is quite a low-risk activity. Presently, only one in every two-hundred-thousand patients will lose their life owing to a reaction to anesthesia. The advantages of anesthesia for nearly all surgical procedures far override any hazards. Anaesthetic gas monitors are devices that can be either standalone or attached to Patient Multi-Parameter Monitors. They are generally established in the Operating rooms of hospitals or Surgery Centers. The Anaesthesia Gas monitor is utilized to designate the agent being utilized and to quantify the quantity of the agent. The acquired information is displayed with waveforms and alphanumeric on the display monitor. The Poet IQ is a standalone Anaesthesia Gas Monitor. The IQ undoubtedly recognizes and measures inspired and expired CO2, O2, N2O, and the five anesthetic agents. This system is effortless to utilize and has superior performance.  It utilizes side steam technology for gas sampling and automatically concludes agent ID. The soaring applications of anesthetic gas monitors are therefore driving the growth of the Anesthesia Monitoring Devices Market during the forecast period 2022-2027.

Anesthesia Monitoring Devices Market – Challenges

Limitations Of Gas Monitors Are Hampering The Growth Of The Anesthesia Monitoring Devices Market:

While anesthesia has favorable statistics like only one in every ten thousand patients being genuinely allergic to the anesthesia medication utilized to calm them, there are limitations of application of gas monitors. Gas monitors can assess either a single gas or multiple gases and are categorized into two general classes: mainstream and sidestream. Though anesthesia providers can utilize mainstream monitors, the enormous majority of monitors in the present application are sidestream. Sidestream monitors deflect gas blends from the breathing circuit by means of a continuous pump. The sample gas (usually 50-250 mL/min) is either turned to the breathing circuit or discharged into the gas scavenger system. The exhaust from a sidestream monitor must be linked to one of these outflow sources. With the exception of a real emergency, it should never be permitted to empty into the room air. Mainstream monitors assess the gas of interest directly in the breathing circuit, normally including a disposable cuvette and a reusable sensor cell. The principal disadvantages are that mainstream monitors are only capable of assessing one gas and there is a possibility for interference brought about by moisture accumulating in the cuvette. These issues are thus hampering the growth of the Anaesthesia Monitoring Devices Market.

Anesthesia Monitoring Devices Industry Outlook:

Product launches, mergers and acquisitions, joint ventures, and regional expansions are key strategies adopted by players in the Anaesthesia Monitoring Devices Market. Key companies of this market are:

  1. Masimo Corporation
  2. Fukuda Denshi Co. Ltd.
  3. Infinium Medical, Inc.
  4. Medtronic plc,
  5. Nihon Kohden Corporation
  6. GE Healthcare
  7. Koninklijke Philips N.V.
  8. Dragerwerk AG & CO. KGaA
  9. Heyer Medical AG
  10. Mindray Medical International Limited

Recent Developments

  • In September 2021, Masimo Corporation MASI currently accepted the CE mark and commercially introduced the single-patient-use adhesive rainbow SuperSensor in Europe. The SuperSensor is compatible for application with both Masimo and third-party monitors with Masimo rainbow technology inside. The comprehensive, multi-purpose, and handy SuperSensor uses 12 LEDs to concurrently offer 12 blood component parameters noninvasively and continually — all on the identical single-patient-use adhesive sensor, which is an industry earliest.
  • In January 2021, Masimo declared Dual SET® Pulse Oximetry for Root®, a greatly versatile patient monitoring and connectivity hub. The earliest utilization of Dual SET® Oximetry is a considerable improvement to Masimo SET®-guided critical congenital heart disease (CCHD) screening, with the CE marking and European introduction of the Masimo SET® MOC-9® module and the inclusion of the Eve™ CCHD Newborn Screening Application for Root. Together, this integrated solution improves the automatization of newborn screenings utilizing Dual SET® Oximetry: two concurrent assessments of oxygen saturation (SpO2) at pre-and post-ductal sites by the instinctive Eve application, personalized to align with a hospital’s CCHD screening protocol.
  • In August 2020, Masimo Corp. currently disclosed its UniView: 60 platform, which offers clinicians vital patient reminders and advisories in a clean, short display external of every patient’s room. UCI Medical Center pronounced that it redistributed the product in its novel intense care unit, “as part of its vision of the hospital of the future” and its “longstanding commitment to patient safety” during the product declaration. Masimo Chief Executive Joe Kiani pronounced that he was pleased to perceive the product introduction “at one of our excellent local institutions.”

Related Reports-

Report Code: HCR 0424
Report Code: HCR 0369
Report Code: HCR 0118
For more Lifesciences and Healthcare Market reports, please click here

1. Anesthesia Monitoring Devices Market Overview
    1.1 Definitions and Scope
2. Anesthesia Monitoring Devices Market - Executive Summary
3. Anesthesia Monitoring Devices Market – Market Landscape
    3.1 Company Benchmarking- Key Companies
    3.2 Key Company Financial Analysis
    3.3 Market Share Analysis
    3.4 Patent Analysis
    3.5 Pricing Analysis (Comparison of General Price Offerings in the Market)
4. Anesthesia Monitoring Devices Market – Startup Company Scenario (Premium)
    4.1 Investment
    4.2 Revenue
    4.3 Venture Capital and Funding Scenario
5. Anesthesia Monitoring Devices Market – Industry Market Entry Scenario Premium (Premium)
    5.1 Regulatory Scenario
    5.2 New Business and Ease of Doing business index
    5.3 Case Studies of Successful Ventures
6. Anesthesia Monitoring Devices Market - Market Forces
    6.1 Market Drivers
    6.2 Market Constraints
    6.3 Porters five force model
        6.3.1 Bargaining power of suppliers
        6.3.2 Bargaining powers of customers
        6.3.3 Threat of new entrants
        6.3.4 Rivalry among existing players
        6.3.5 Threat of substitutes
7. Anesthesia Monitoring Devices Market – By Strategic Analysis
    7.1 Value Chain Analysis
    7.2 Opportunities Analysis
    7.3 Market Life Cycle Analysis
8. Anesthesia Monitoring Devices Market - By Product Type (Market Size –$Million/$Billion) 
    8.1 Basic Anesthesia Monitor
    8.2 Integrated Anesthesia Workstation
    8.3 Advanced Anesthesia Monitor
        8.3.1 Gas Monitor
        8.3.2 Standalone Capnography Monitor
        8.3.3 Monitors For Depth Of Anesthesia
        8.3.4 MRI Compatible Anesthesia Monitor
    8.4 Others
9. Anesthesia Monitoring Devices Market - By End User (Market Size –$Million/$Billion) 
    9.1 Hospitals And Clinics
    9.2 Ambulatory Surgical Centers
    9.3 Nursing Homes
    9.4 Others
10. Anesthesia Monitoring Devices Market - By Geography (Market Size -$Million/Billion)
    10.1 North America
        10.1.1 U.S
        10.1.2 Canada
        10.1.3 Mexico
    10.2 Europe
        10.2.1 Germany
        10.2.2 France
        10.2.3 UK
        10.2.4 Italy
        10.2.5 Spain
        10.2.6 Russia
        10.2.7 Rest of Europe
    10.3  Asia-Pacific
        10.3.1 China
        10.3.2 Japan
        10.3.3 South Korea
        10.3.4 India
        10.3.5 Australia & New Zealand
        10.3.6 Rest of Asia-Pacific
    10.4  South America
        10.4.1 Brazil
        10.4.2 Argentina
        10.4.3 Chile
        10.4.4 Colombia
        10.4.5 Rest of South America
    10.5 Rest Of The World
        10.5.1 Middle East
        10.5.2 Africa
11. Anesthesia Monitoring Devices Market - Market Entropy
    11.1 New product launches
    11.2 M&A's, collaborations, JVs and partnerships
12. Anesthesia Monitoring Devices Market – Industry Competition Landscape (Premium)
    12.1  Market Share Analysis
        12.1.1 Global Market Share – Key Companies
        12.1.2 Market Share by Region – Key Companies
        12.1.3 Market Share by Countries – Key Companies
    12.2  Competition Matrix
    12.3  Best Practices for Companies
13. Anesthesia Monitoring Devices Market – Key Company List by Country Premium (Premium)
14. Anesthesia Monitoring Devices Market - Company Analysis
    14.1  Company 1
    14.2  Company 2
    14.3  Company 3
    14.4  Company 4
    14.5  Company 5
    14.6  Company 6
    14.7  Company 7
    14.8  Company 8
    14.9  Company 9
    14.10 Company 10
"*Financials would be provided on a best-efforts basis for private companies"