Authored By: Sarah
21 Aug 2024

Anesthesia Monitoring Devices Market Size to grow by USD 1235 million between 2024-2028

Technavio, a leading provider of market research reports, has released its latest study on Anesthesia Monitoring Devices Market. This report offers a comprehensive analysis of the current market trends, emerging opportunities, and key challenges.

Key Highlights:

  • Market Research Overview: According to Technavio, the anesthesia monitoring devices market is a significant segment within the expansive global healthcare equipment industry. This market encompasses companies specializing in the research and development (R&D) of advanced, clinically tested anesthesia monitoring devices, contributing to the overall revenue generation in the global healthcare equipment market. The healthcare equipment sector is segmented into devices, which includes a range of advanced, differentiated, and data-driven products used for disease diagnosis, monitoring, and treatment. Technavio calculates the market size for the global healthcare equipment industry based on the combined revenues of manufacturers across various therapy areas. - The Anesthesia Monitoring Devices Market is experiencing significant growth, fueled by the Increasing number of surgeries requiring general anesthesia. Businesses are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.

  • Major Findings:
    • Increasing number of surgeries requiring general anesthesia
    • Growing prevalence of chronic diseases and associated risk factors
    • High cost of anesthesia monitoring devices
    • Lack of trained anesthesiologists
  • Growth Projections

The market size is estimated to grow by USD 1235 million, at a CAGR of 10.87% during the forecast period. New-age anesthesia machines come equipped with advanced monitoring and recording capabilities, allowing for seamless integration with Hospital Information Management Systems (HIMS). For instance, Dragerwerk's Fabius GS premium anesthesia machine can be synchronized with a user's existing hospital IT infrastructure. Anesthesia Information Management Systems (AIMS) serve as electronic health records (EHR) systems, automatically gathering data from anesthesia machines and transmitting it to patients' EHRs within hospitals. These systems offer real-time decision support, enhanced data accuracy, and improved data accessibility. Some AIMS are also integrated with Clinical Decision Support Systems (CDSS), enabling the detection of potential misdiagnoses or clinical workflow issues.

For insights on company offerings- Request a sample report!

  • Regional Insights

The anesthesia monitoring devices market is experiencing significant growth due to the increasing emphasis on patient safety and improved outcomes in surgical procedures. These devices provide real-time monitoring of vital signs, anesthesia depth, and other critical parameters, enabling anesthesiologists to make informed decisions and respond promptly to any changes. Key players in this market include GE Healthcare, Masimo Corporation, and Nihon Kohden Corporation, who continue to innovate and expand their product offerings to meet the evolving needs of healthcare providers.

About Technavio                                                                        

Technavio is a global market research company offering comprehensive reports and insights on various industries. Our research helps businesses make informed decisions by providing actionable data and trends. Technavio is based on four simple principles: easy-to-access reports, robust industry coverage, a focus on new and emerging technologies, and competitive pricing. We believe in helping companies and executives become better equipped to make faster, sounder, and more effective decisions. Technavio is one of the most influential market research and advisory firms in the world. We work with business and technology leaders to provide cutting-edge market research and insights to companies. 

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

Read News Read Less
Interested in this report?
Get your sample now!
Technavio