Anesthesia monitoring devices are used to maintain patient's safety towards anesthetic drugs during a surgery procedure. There are several types of anesthesia monitors and related medical equipment in use that depends on the type of cases to be performed in a particular setting. Anesthesia monitoring devices monitor the patient's body while administering anesthesia and allowed to monitor the rhythm & electrical conduction of the heart, measures patient's cardiac output & vascular status, helps to monitor the blood oxygenation and many others. This device is a part of a multi variable monitor, an anesthesia workstation, or a separate console wherein an alarms incorporated into monitoring systems detect that alert to out-of-range variables or conditions of a patient's.
The "Global Anesthesia Monitoring Devices Market Analysis to 2028" is a specialized and in-depth study of the medical device industry with a special focus on the global market trend analysis. The report aims to provide an overview of the anesthesia monitoring devices market with detailed market segmentation by product, end user and geography. The report provides key statistics on the market status of the leading anesthesia monitoring devices market players and offers key trends and opportunities in the market.
- Based on product, the global anesthesia monitoring devices market is segmented into basic anesthesia monitors, integrated anesthesia workstations, advanced anesthesia monitors, and others (IT enabled monitors). The advanced anesthesia monitors are sub segmented into depth of anesthesia monitors, anesthesia gas monitors, standalone capnography monitors, other anesthesia monitoring devices.
- On the basis of end user, the market is segmented into hospitals and ambulatory surgical centers.
- Increasing Number of Surgeries Worldwide.
- Rising Aging Population Globally.
- Growing Incidence & Prevalence of Chronic Diseases Worldwide.
- Rising Technological Advancements in Anesthesia Technology.
- High Cost of Anesthesia Monitoring Devices.
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2019 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The anesthesia monitoring devices market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the market from both demand and supply side and further evaluates market dynamics affecting the marketduring the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the anesthesia monitoring devices market in these regions.
IMPACT OF COVID-19 ON ANESTHESIA MONITORING DEVICES MARKET
COVID-19 first began in Wuhan (China) during December 2019 and since then it has spread at a fast pace across the globe. The US, India, Brazil, Russia, France, the UK, Turkey, Italy, and Spain are some of the worst affected countries in terms confirmed cases and reported deaths. The COVID-19 has been affecting economies and industries in various countries due to lockdowns, travel bans, and business shutdowns. Shutdown of various plants and factories has affected the global supply chains and negatively impacted the manufacturing, delivery schedules, and sales of products in global market. Few companies have already announced possible delays in product deliveries and slump in future sales of their products. In addition to this, the global travel bans imposed by countries in Europe, Asia-Pacific, and North America are affecting the business collaborations and partnerships opportunities. Due to the rising number of cases of COVID-19 in the early stages of the pandemic, all hospitals around the world cancelled all scheduled and elective procedures. Acute surgical emergencies were still unavoidable, but they were dealt with in a timely and appropriate manner. Thus, the anesthesia monitoring devices market is moderately impacted due to the COVID-19.
The report covers key developments in the anesthesia monitoring devices market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from anesthesia monitoring devices market are anticipated to lucrative growth opportunities in the future with the rising demand for anesthesia monitoring devices in the global market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the anesthesia monitoring devices market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- Mindray Medical International Limited
- Drägerwerk AG
- GE Healthcare
- Koninklijke Philips N.V.
- Schiller AG
- Criticare Systems, Inc.
- HEYER Medical AG
- Infinium Medical, Inc.
- Siare Engineering International Group S.r.l.
- Nihon Kohden Corporation.
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