The global anesthesia monitoring devices market
report defines and segments the market with analysis and forecast of revenue.
The global anesthesia monitoring devices market was valued at USD 820.9 million
in 2014 and is projected to reach USD 1,616 million by 2020, at a CAGR of 12.0%
from 2015 to 2020.
Anesthesia monitoring devices are available
as a part of sophisticated multi-parameter patient monitors, or as a component
of a high-end anesthesia workstation, or as a standalone unit. Technological
changes as well as the growing usage of anesthesia monitors in the freestanding
surgery centers are contributing to the increased growth of the anesthesia
monitor devices market. The global market is expected to grow due to the rise
in aging population, increasing number of surgeries, growing awareness among
physicians, and advancements in technology. Despite this, high cost of
anesthesia monitoring devices and the availability of conventional techniques
are the major restraining factors of this market.
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This market is segmented and forecasted on
the basis of product, end user, and geography. The product comprises of advanced
anesthesia monitors, basic anesthesia monitors, integrated anesthesia
workstation, and others (IT enabled). The advanced anesthesia monitors are
further subsegmented into anesthesia gas monitors, depth of anesthesia,
standalone capnography monitors, and others (MRI compatible anesthesia monitors).
On the basis of end user, the market is segmented into hospitals and ambulatory
surgery centers. The market is further segmented and forecasted on the basis
of major regions, which include North America, Europe, Asia-pacific and the
rest of the world (RoW).
In 2014, 31.5% of the global anesthesia
monitoring devices market was dominated by North America. The market in North
America is growing due to increased patient safety and awareness among doctors
and patients for low flow aesthetic agents. The European market, growing due to
technological advancements, has been dominated majorly by Drägerwerk AG &
Co. KGaA. However, the North American and European markets are moving toward
the maturity phase.
This
report also includes the market share, approaches for arriving at the market
size, new technology developments, product matrix, life cycle analysis,
Porter’s five forces analysis, and price analysis by product. In this report,
market metrics are also included, such as drivers, restraints, and upcoming
opportunities in the market. In addition, it presents a competitive landscape
and company profile of key players in the market, including major companies which
provide anesthesia monitoring devices as a product.
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