Inhalation Anesthesia Market Analysis

Inhalation Anesthesia Market Analysis

Desflurane segment held over USD 255 million revenue in 2018 and is projected to grow significantly by 2025. Desflurane is a volatile, non-flammable and non-explosive agent extensively used in maintenance of general anesthesia. Advantages offered by desflurane such as low risk of nephrotoxicity and quick recovery as compared to sevoflurane will foster inhalation anesthesia market growth./p>

Isoflurane segment held around 5% revenue share in 2018 and is estimated to grow significantly by 2025. Segment growth is attributed to wide adoption of isoflurane owing to its cost-effectiveness in comparison with other anesthetics. Additionally, faster recovery as compared to halothane and minimal risk of fulminant hepatitis will boost inhalation anesthesia business growth during the forecast period./p>

Induction inhalation anesthesia market segment accounted for more than USD 250 million in 2018. Induction of anesthesia necessitates higher concentration of drug as compared to the amount required for maintenance, thus increasing the demand for inhalation anesthetics. Such factors upsurge segmental growth over the coming years./p>

Maintenance segment held substantial revenue share in 2018 and is anticipated to witness more than 5% CAGR over the analysis timeframe. Segment growth is attributed to increasing demand for inhalation anesthetics due to airway safety airway and fast recovery as compared to injectable anesthetics./p>

Hospitals segment held around 45% revenue share in 2018 and is projected to witness significant growth during the forecast period. The segment growth is mainly attributed to rising demand for various surgical procedures owing to favorable reimbursement policies for surgeries being performed in hospital settings.
 

Ambulatory surgical centers segment was valued over USD 500 million in 2018 due to growing population preference towards these centers. Several benefits offered by ASCs such as reduced risk of hospital acquired infections, quality treatment at affordable prices and shorter hospital stay will accelerate inhalation anesthesia business growth over the analysis period.
 

North America inhalation anesthesia market size is estimated to witness more than 4.5% CAGR over the forecast timeline. Rising prevalence of chronic diseases as a result of unhealthy dietary habits and lifestyle changes will augment business growth. Increasing healthcare expenditure and strong foothold of prominent industry players in the region will spur the market size.
 

Asia Pacific market was valued around USD 270 million in 2018. Regional growth can be attributed to growing awareness regarding health issues and rising healthcare expenditure in the region. Presence of large patient pool opting for various surgical procedures will accelerate Asia Pacific inhalation anesthesia industry growth.