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Inhalation Anesthesia Market size was valued at USD 1.3 billion in 2018 and is expected to witness 5.4% CAGR from 2019 to 2025. In addition, the number of 250 ml bottles sold is set to exceed 15,500 units by 2025./p>
Surge in number of emergency and trauma cases and growing patient inclination towards ambulatory day care procedures will serve to be positive impact rendering factors augmenting inhalation anesthesia industry growth. Accessibility of universal health insurance coverage to large population base with continuous improvements in healthcare facilities will further offer various growth opportunities. Moreover, benefits of inhalation anesthetics over injectable anesthetics will further stimulate inhalation anesthesia business growth./p>
Report Attribute | Details |
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Base Year: | 2018 |
Inhalation Anesthesia Market Size in 2018: | 1.3 Billion (USD) |
Forecast Period: | 2019 to 2025 |
Forecast Period 2019 to 2025 CAGR: | 5.4% |
2025 Value Projection: | 1.9 Billion (USD) |
Historical Data for: | 2014 to 2018 |
No. of Pages: | 170 |
Tables, Charts & Figures: | 164 |
Segments covered: | Product, Application, End-use and Region |
Growth Drivers: |
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Pitfalls & Challenges: |
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Increasing burden of chronic diseases in developing and developed economies will primarily drive the market during the forecast period. Rising incidence of diseases including cardiac disease, neurovascular diseases and other chronic diseases will surge the demand for various surgical procedures. According to the Centers for Disease Control and Prevention, more than 730,000 Americans suffer a heart attack each year. Thus, growing demand for inhalation anesthetics during surgeries will favour business growth. However, several adverse effects of anesthetics may impede inhalation anesthesia industry growth over the analysis timeframe.