The Anesthesia Monitoring Devices Market is being driven by Increasing number of surgeries requiring general anesthesia
The Anesthesia Monitoring Devices Market is expected to grow at a CAGR of 10.87% during 2023 and 2028. During this period, the market is also expected to show a growth of USD 1235 million. Modern anesthesia machines, such as Dragerwerk's Fabius GS premium, provide advanced features including integrated monitoring and recording capabilities and seamless integration with Hospital Information Management Systems (HIMS). This enables automatic data collection from the anesthesia machine and transmission to the patient's Electronic Health Record (EHR) within the hospital. These Anesthesia Information Management Systems (AIMS) offer real-time decision support, enhanced data accuracy, and improved data access. Moreover, some AIMS are integrated with Clinical Decision Support Systems (CDSS), facilitating early detection of potential clinical issues or misdiagnoses.
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The market is segmented based on
According to Technavio, There are several factors that are causing the market to flourish during the forecast period, which are as follows:
However, the market also witnesses some limitations, which are as follows:
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Market Scope |
|
Report Coverage |
Details |
Page number |
173 |
Base year |
2023 |
Historic period |
2018-2022 |
Forecast period |
2024-2028 |
Growth momentum & CAGR |
Accelerate at a CAGR of 10.87% |
Market growth 2024-2028 |
USD 1235 million |
Market structure |
fragmentation |
YoY growth 2023-2024(%) |
9.53 |
Key countries |
US, China, Germany, Japan, UK, Australia, India, France, Brazil, UAE, Rest of World (ROW), Saudi Arabia, France, South Korea, Mexico, Italy, Spain, US, Germany, UK, China, and Japan |
Competitive landscape |
Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks |
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The Anesthesia Monitoring Devices Market encompasses various technologies and systems, including Non-invasive and Invasive Monitoring, Peripheral Nerve Stimulation, Transcranial Doppler Monitoring, Anesthesia Gas Monitoring, Anesthesia Drug Delivery, Anesthesia Pump Technology, Anesthesia Infusion Systems, Anesthesia Drug Library, Anesthesia Patient Database, Anesthesia Reporting, Anesthesia Compliance, Anesthesia Audit, Anesthesia Risk Management, Anesthesia Quality Assurance, Anesthesia Cost Reduction, Anesthesia Efficiency Improvements, Anesthesia Outcomes Assessment, Anesthesia Patient Satisfaction, Anesthesia Clinical Trials, Anesthesia Industry Trends, Anesthesia Market Dynamics, Anesthesia Competitive Landscape, Anesthesia Market Segmentation, Anesthesia Market Forecast, Anesthesia Market Size, Anesthesia Market Growth, and Anesthesia Market Share. These solutions aim to enhance patient safety, improve anesthesia delivery, and optimize workflows in healthcare settings.
The Anesthesia Monitoring Devices market is a significant segment of the global healthcare equipment industry, which encompasses Anesthesia Delivery Systems, Anesthesia Gas Machines, Anesthesia Ventilators, Anesthesia Circuits, Anesthesia Vaporizers, Anesthesia Monitors, Patient Monitoring Systems, and Hemodynamic Monitoring devices. According to Technavio, this market is a key component of the broader global healthcare equipment market, which encompasses manufacturers of capital equipment, instruments, implants, accessories, and consumables used for disease diagnosis, monitoring, and treatment. The global healthcare equipment market size is determined by the combined revenue generated by these manufacturers across various therapy areas. This industry is segmented into Devices, which includes advanced, differentiated, and clinically tested data-driven devices.. Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.
Technavio Research
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