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Anesthesia Monitoring Devices Market Trends

Report ID: GMI6121
Published Date: Jun 2023
Report Format: PDF

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Anesthesia Monitoring Devices Market Trends

The growing burden of chronic diseases worldwide will drive the industry market demand. As per the World Cancer Report, prevalence of cancer is estimated to increase by approximately 50%, there were around 15 million new cancer cases reported in 2020. Similarly, as per the World Health Organization (WHO), cardiovascular disease is responsible for 17.9 million deaths annually, further accounting for an estimated 31% of the deaths in the world. As the burden of chronic diseases continues to grow, there is a subsequent increase in the number of surgical procedures. Anesthesia monitoring devices play a critical role in ensuring patient safety during surgical procedures by continuously monitoring vital signs, anesthesia depth, and other relevant parameters.

Authors: Mariam Faizullabhoy , Pratiksha Kamthe

Frequently Asked Questions (FAQ) :

Anesthesia monitoring devices industry was worth USD 1.4 billion in 2023 and is anticipated to be reach USD 2.5 billion by 2032, attributed to the growing technological advancements to enhance device capabilities.

Advanced anesthesia monitors reached USD 318.2 million in 2022 owing to the robust need to measure the patient's level of consciousness and the depth of anesthesia.

U.S. market size recorded USD 523.2 million in 2022 and is poised to witness robust growth through 2032 owing to the expanding geriatric population base along with the rising incidence of cancer in the country.

Some well-established anesthesia monitoring device companies are Masimo Corporation, Fukuda Denshi Co. Ltd., Medtronic plc, GE Healthcare, Infinium Medical, Inc., Nihon Kohden Corporation, Koninklijke Philips N.V., Mindray Medical International Ltd., Dragerwerk AG & Co. KGaA, and Schiller AG.