Europe Anesthesia Devices Market – Size, Outlook, Trends, and Forecast (2024 – 2032)

Published : 30 Aug 2024
Report Type : Regional

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Europe Anesthesia Devices Market - Size
Study Period
2018 - 2030
Base Year For Estimation
2023
Forecast Data Period
2024-2030
Historical Data Period
2018-2021
CAGR
7 %
Source: Envision Intelligence Analysis & Experts Insights.
*Graph shown for illustrative purpose only, the final report will have the graph with actual data and data labels

Anaesthesia devices are used to control pain during a surgery or procedure by using a medicine called anaesthetics. It will block the signals that pass through the nerves to our brain. These devices are used during a surgical procedure such as ophthalmology, dental and others to check a patient’s response towards anaesthesia during the surgical process. The volatile anaesthetics are added to the respiratory air in desired concentrations via a vaporiser and ensures the patient is administrated, the gas mixtures selected by an anesthesiologist in right concentration. analysing prevents pain, discomfort and allows wide-range of medical procedures to be carried out.

Europe Anesthesia Devices Market Size & Growth:

The Europe Anesthesia Devices Market size is projected to reach approximately $ XX Billion by the end of 2024 with a CAGR of X% from $XX Billion in 2018 from 2018 to 2024. The Key factors that drive the growth of the market include a rise in some medical procedures, increase in environmental pollution levels, raising technological advancements in anaesthesia monitoring, growth in geriatric population, increase in tobacco consumption rate among the individuals and others. Major restraints for the anesthesia devices market include reduced adoption rate of new technological advancements and presence of a large number of undiagnosed population.

Innovation concerning anaesthesia care devices and enhanced governmental support for the launch and approval of these devices along with an increase in healthcare expenditures are estimated to provide growth opportunities for the market. Proper monitoring of the patient will reduce the risk involved in anaesthesia and enhances the patient comfort during

Europe Anesthesia Devices Market - Growth
Source: Envision Intelligence Analysis & Experts Insights.
*Graph shown for illustrative purpose only, the final report will have the graph with actual data and data labels
surgery.

Europe Anesthesia Devices Market Share:

Various parameters divided the Europe Anesthesia Devices market. By the Type, they are divided into anaesthesia disposables & accessories and anaesthesia monitors. The anaesthesia disposables & accessories are sub-segmented into anaesthesia circuits, anaesthesia masks, resuscitators, laryngoscopes, laryngoscopes, flexible incubation scopes, supraglottic airways, ventilator circuits, heat & moisture exchangers and others. Anaesthesia monitors are again categorised into basic anaesthesia monitors, advanced anaesthesia monitors, and integrated anaesthesia workstations. Among them anaesthesia monitoring devices have the largest market share attributed to rising in the ageing population, growing awareness among physicians towards technological advancements along with increased usage of anaesthesia monitors in the freestanding surgery centres, are contributing to the increased growth of the anaesthesia monitoring devices. Increase in availability of new procedures with advanced infrastructure along with the existence of skilled professionals in hospitals are the major factors driving the anaesthesia devices market growth. By the End-User, they are divided into home care, clinics, hospitals and ambulatory service centres. Among them, hospitals segment has the largest market share owing to increased number of ambulatory service centres and availability of advanced infrastructure along with the presence of skilled professionals in hospitals.  As the Clinics segment is estimated to register highest CAGR during the forecast period.

By Geography, Germany has the largest market share attributed to increased healthcare reforms coupled with raising economic developments in that region. The increased reimbursement facilities, raising healthcare awareness along with government funding sources have made easier adoption of advanced techniques in anaesthesia monitoring.

Europe Anesthesia Devices Market Trends:

  • Beckton, Dickinson, and Company

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Europe Anesthesia Devices Market - Porter's Five Force Analysis
Source: Envision Intelligence Analysis & Experts Insights.
*Graph shown for illustrative purpose only, the final report will have the graph with actual data and data labels
have acquired CRISI Medical Systems to improve the safety and delivery of IV injectable medications.
  • New Technological advances include target-controlled low-flow anaesthesia systems which will automate the fresh gas flow rate and vaporiser setting to achieve a specific end-tidal percentage that is set by an anesthesiologist.
  • TIM products have developed special measuring instruments for medical ventilators, anaesthesia devices and respiratory gas conditioning for verification and validation of medical technology devices.
  • Europe Anesthesia Devices Market Research Reports:

    An executive summary condensing the whole report such that essential authority can rapidly twist up doubtlessly acquainted with brief overview and conclusion.

    To have complete market analysis through industry value chain analysisPorter’s fivePESTLESWOT analysis, and Y-o-Y analysis.

    Regional and Global Diversity is analysed with the major countries and the unions. Scrutinizing the revenue generation on YearOnYear

    Identifying DROC in the current market and their impact in altering the market dynamics.

    Competitive landscape analysis to identify the merger and acquisition which will have a comparative financial analysis with major competitors.

    Expertise investment opportunities by an analyst to the individual and organisation to have a better foothold in the market.

    Identify the latest developments, market shares and strategies that are employed by the major market players, such as

    • 3M Company
    • Ambu S/A
    • GE Healthcare
    • Beckton, Dickinson & Company
    • Hamilton Medical AG

    Along with these companies, there were many other companies considered/cited in the report while analyzing the Europe Anesthesia Devices market. These companies hold substantial share-owning to the nature of the industry whereas rest of the market shares are marginal chunks to regional and local level manufacturers. Other players have considerable presence owing to its robust brand image, geographical reach and strong customer base.

     

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