Global Anesthesia Machines Market Is Expanding Due To Growing Health Care Expenditure And Rising Incidences Of Chronic Diseases

 

Anesthesia Machines Market

Overview:

A portable Anesthesia Machines consists of a series of components designed to provide the anesthetist with a variety of anesthesia and life-sustaining gases during an anesthetic procedure. The main components of anesthesia machines are a supply of purified gas, a ventilation circuit, and a control system for delivering a precisely-known as variable gas mixture. The anesthesia machine is connected to a supply of purified gases (oxygen and nitrous oxide) and the anaesthetist can add one or more of a range of other more powerful inhalational agents. These agents are added to the mixture in carefully controlled concentrations.  Flow meters are used to regulate the flow of gas from the anesthesia machine. They are often turret-type, with a ball or bobbin moving up the flow meter as the valve is opened and closed.

Market Dynamics:

Growing technological advancements are estimated to augment growth of the global Anesthesia Machines Market over the forecast period. For instance, a new Altan series of anesthetic workstations was introduced by Drager in January 2020. These will help in easing the working processes for and biomedical workers and clinical staff. Moreover, lack of skilled and trained anesthesiologists and high cost of installation are anticipated to restrain growth of the global anesthesia machines market over the forecast period.

Impact of COVID-19:

The pandemic was first recognized in 2019 in China and it was transmitted to more than a 100 countries. The pandemic had a huge impact on the healthcare sector. The pandemic led to increase in demand for Anesthesia Machines, as they were required for treating several patients. During the pandemic anesthetic equipment and ICU ventilators were used by several hospitals for keeping critical patients on long-term ventilation. These devices were also necessary during postoperative complications. This resulted in increased demand for anesthesia machines. Thus, the global anesthesia machines market witnessed significant growth.

Key Takeaways:

The global Anesthesia Machines Market is expected to witness high growth, exhibiting CAGR of 10.6 % over the forecast period, due to increasing product launches. For instance, A9 and A8 anesthetic systems were launched by Mindray in October 2020. This device will assist anesthesiologists with tools to assure safety of patients from induction to recovery.

North America is anticipated to witness significant growth in the global anesthesia machines market over the forecast period, owing to growing expenditure on healthcare and increasing number of surgeries.

Major players operating in the global Anesthesia Machines Market are Teleflex Inc., Heyer Medical AG, Mindray DS USA Inc., Fisher & Paykel Healthcare, Smiths Medical, Koninklijke Philips N.V,  Covidien, Draeger, and GE Healthcare.

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