Global Anesthesia Monitoring Devices Market – Growth, Trends and Forecasts (2017 - 2022)
The global anesthesia monitoring devices market was valued at USD XX million in 2016. Considering the historical trend and possible future developments, the market is projected to reach a value of USD XX million, by 2022, with an estimated CAGR of XX%, over the forecast period of 2017-2022.
Anesthesia monitoring devices are used for drug and gas delivery, that are administered to the patient, and measure and display the physiological state of the patient.
Around 240 million people underwent major surgeries in 2016. The patients need to be anaesthetised, to undergo pain-free surgeries, and this this provides a boost for the device market.
The recent development in record keeping system, can record and integrate all the measurements of different parameters, during the surgery of the patient, making it more physician friendly. This will drive the monitoring device market.
Majority of the failure cases that were recorded, were due to human errors in the operation of devices. Hardware problems are also faced, in addition to the lack of awareness among the professionals operating the devices. This is a drawback for the market, as people may go back to conventional devices, due to lack of knowledge on operating new devices.
This market has been segmented, based on different products. The products are different instruments used to monitor different parameters, like temperature, and level of gases (oxygen, CO2, blood pressure etc.). The market is also segmented, based on the end user. Most of these devices are found in hospitals, as majority of the surgeries are done in there. The devices are also used in Ambulatory Surgery Centers, where minor surgeries are conducted. Since this is a global market, the market is studied at different geographical locations, to make the study understandable.
Some of the key players in this market include –
Medtronic, Masimo, Nihon Kohden Corporation, Fukuda Denshi, GE Healthcare, Philips Healthcare, Drägerwerk AG & Co. KGAA, Heyer Medical AG, Mindray Medical International Limited
Market analysis for the market, with region specific assessments, and competition analysis.
Market definition, along with the identification of key drivers, restraints opportunities, and challenges.
Identification of factors instrumental in changing the market scenario, rising prospective opportunities, and identification of key companies, that can influence the market on a global and regional scale.
Extensively researched competitive landscape section, with company profiles of key players, with the analysis of their current strategic interests, and key financial information.
Identification and analysis of the macro and micro factors that affect the global anesthesia monitoring market.
Insights of the market in the regions that have the highest potential for growth, and also identify the markets that are untapped.