Anesthesia Monitoring Devices Market Scope and Key Players Analysis by 2031
Anesthesia Monitoring Devices Market Report Scope
Report Attribute | Details |
---|---|
Market size in 2023 | US$ 2,553.36 Million |
Market Size by 2031 | US$ 5,780.94 Million |
Global CAGR (2023 - 2031) | 10.75% |
Historical Data | 2021-2023 |
Forecast period | 2023-2031 |
Segments Covered |
By Product
|
Regions and Countries Covered | North America
|
Market leaders and key company profiles |
Regional Analysis:
The scope of the anesthesia monitoring devices market report encompasses North America, Europe, Asia Pacific, the Middle East & Africa, and South & Central America. North America held the largest share of the anesthesia monitoring devices market in 2023, and it is projected to maintain its dominance (in terms of share) during the forecast period. The US holds the largest market share in North America and the world. Market growth in this country is ascribed to the increase in the prevalence of cancer and the increasing geriatric population. For instance, the American Cancer Society stated that there were around 608,570 cancer-related deaths were reported, and over 1.9 million new cancer diagnoses were performed in the US in 2021. Additionally, the increasing number of surgical procedures, technological advancements, the presence of powerful industry players, and an increasing focus on patient safety during anesthesia administration are among the major factors predicted to boost overall business. Other factors include growing awareness regarding remote patient monitoring devices for improved accuracy, portability, connectivity, and user-friendly interfaces.
Competitive Landscape and Key Companies:
The anesthesia monitoring devices market forecast presented in this report can help stakeholders in this marketplace plan their growth strategies. Mindray Medical International Limited; Drägerwerk AG; GE Healthcare; Koninklijke Philips N.V.; Schiller AG; Criticare Systems, Inc.; HEYER Medical AG; Infinium Medical, Inc.; Siare Engineering International Group S.r.l.; and Nihon Kohden Corporation are a few key companies profiled in the anesthesia monitoring devices market report. These companies focus on expanding their offerings to meet the growing consumer demand worldwide. Their global presence allows them to serve many customers, subsequently allowing them to expand their market presence.