Global Anesthesia Gas Monitoring Devices Market 2016-2020
About Anesthesia and Gas Monitoring Devices
Governments in developed and developing countries are giving importance to patient safety during surgical procedures and treatment. To offer better quality care, the governments are providing support by offering reimbursement, which is increasing adoption of advanced anesthesia medical devices. Safe clinical practice on inhalation of anesthesia gases and control over the volatile anesthetic gas delivered to the individual is the main purpose of developing anesthesia gas monitors. Continuous monitoring of anesthesia gas, oxygen inhalation, exhalation of carbon dioxide, and levels of nitrous oxide are the basic features available in anesthesia gas monitors.
Technavio’s analysts forecast the global anesthesia and gas monitoring devices market to grow at a CAGR of 11.08% during the period 2016-2020.
Covered in this report
The report covers the present scenario and the growth prospects of the global anesthesia and gas monitoring devices market for 2016-2020. To calculate the market size, the report considers the revenue generated from the sales of various anesthesia gas monitoring devices such as stand-alone and integrated devices, which are used during the pre-surgical care and help the anesthetist to administer the anesthetic agent.
The market is divided into the following segments based on geography:
Technavio Announces the Publication of its Research Report – Global Anesthesia and Gas Monitoring Devices Market 2016-2020.
Technavio recognizes the following companies as the key players in the global anesthesia and gas monitoring devices market: Drägerwerk, GE Healthcare, Penlon, and Philips Healthcare.
Other prominent vendors in the market are: Fukuda Denshi, HEYER Medical, Masimo, Meditec International, Nihon Kohden, Oricare, Spacelabs Healthcare, AMBISEA Technology, Beijing Eternity Electronic Technology, Beijing Siriusmed Medical Device, Beijing Vanbonmed, Chirana, Criticare Systems, General Meditech Devices, Infinium Medical, OES Medical, and SIARE ENGINEERING INTERNATIONAL.
Commenting on the report, an analyst from Technavio’s team said: “One of latest trends in the market is”
According to the report, one of the primary drivers in the market is partnership between companies and clinical institutes/governments to increase skilled professionals. Partnerships between companies and clinical institutes/governments are helping to increase trained anesthesiologists in the market. As there are advanced anesthesia products, through training programs the company can educate about anesthesia administration and use of stand-alone and integrated anesthesia gas monitoring devices.
Further, the report states that one major challenge in the market is demand for MI surgical procedures owing to high cost of open surgeries. Though the global anesthesia gas monitoring devices market is growing steadily, the increasing popularity of MI surgical procedures that require regional and local anesthesia is leading to a decline in the demand for general anesthesia in North American countries such as the US and Canada, and Western European countries such as the UK, France, and Germany. The customer base in this market is opting for low-cost products and surgical procedures, in effect phasing out the more expensive open surgical procedures where general anesthesia is required.
Drägerwerk, GE Healthcare, Penlon, Philips Healthcare, Fukuda Denshi, HEYER Medical, Masimo, Meditec International, Nihon Kohden, Oricare, Spacelabs Healthcare, AMBISEA Technology, Beijing Eternity Electronic Technology, Beijing Siriusmed Medical Device, Beijing Vanbonmed, Chirana, Criticare Systems, General Meditech Devices, Infinium Medical, OES Medical, SIARE ENGINEERING INTERNATIONAL.
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