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Global anesthesia machines market is projected to witness a CAGR of 8.27% during the forecast period to reach the total market size of US$13.264 billion by 2023, increasing from US$8.232 billion in 2017. Increasing geriatric population in many regions and rising number of surgical procedures is spurring the demand for anesthesia machines which is augmenting the growth of the global anesthesia market. Technological advancements, owing to increasing investments by major players in research and development, are enhancing the efficiency and reliability of these machines. Advanced anesthesia machines come with advanced ventilators, graphical displays and other features integrated to ensure the safest possible experience for the patients which is increasing their adoption among the end-users, thereby augmenting the market growth.
North America holds the largest market share of the overall market owing to the flourishing healthcare industry and the presence of key market players in this region. The market in Asia Pacific region is expected to witness the highest CAGR over the projected period due to increasing investments in this region by key market players and improving healthcare infrastructure in this region.
The global anesthesia machine market has been segmented by type, end-user, and geography.
Intermittent Anesthesia Machines
Continuous Anesthesia Machines
Ambulatory Care Centres
Middle East and Africa