Anesthesia is a temporary loss of sensation that includes loss of pain or unconsciousness. It suppresses nervous system activity resulting in unconsciousness. Anesthesia machines are designed to provide continues supply of medical gases. These have an electronic sensor, which indicates when oxygen pressure has reached 38 psi. It is mounted on antistatic wheels for convenient transportation. It has unidirectional valves that suck in air which can be enriched with oxygen from a cylinder with the help of a set of bellows. Oxygen is automatically added to the fresh gas flow even if the anesthetist attempts to deliver 100% nitrous oxide. Ratio controller usually operates on the pneumatic principle. It interlocks between the vaporizers preventing inadvertent administration of more than one agent concurrently. An anesthesia cart holds an extra IV push meds anesthesia. Its pipeline gas hoses have non-interchangeable valve connectors, which prevents plugging into the wrong wall socket. Anesthesia machines are used to support the administration of anesthetic drug. With the help of this machine, anesthetists administer mild inhalation sedation with oxygen and nitrous oxide to keep patients in a conscious state.

Increasing prevalence of chronic diseases, aging population, and technological advancement are likely to drive the anesthesia machines market. According to the U.S. Department of Commerce (2012), global population reached 7 billion, out of which 562 million were aged 65 and above. In 2015, the geriatric population rose by 55 million and the proportion of the population reached 8.5% of the total population. Increase in minimal invasive surgeries, rising health care expenditure, and medical tourism are other factors propelling the global anesthesia machines market. On the other hand, lack of skilled and trained anesthesiologists is expected to hamper market growth.

The anesthesia machines market has been segmented based on product type, end-user, and region. In terms of product type, the anesthesia machines market has been classified into machines and consumables. The anesthesia machines segment has been classified into anesthesia workstations, anesthesia ventilators, anesthesia monitors, and anesthesia delivery machines. The anesthesia delivery machines segment has been categorized into anesthesia portable delivery machines and anesthesia standalone delivery machines. The anesthesia disposables segment has been classified into anesthesia masks and anesthesia accessories. The anesthesia machines segment holds the largest share of the market. In terms of anesthesia machine, the anesthesia workstation sub-segment holds the largest share of the market. Increasing various surgery procedures boosts the anesthesia machines market. In terms of end-user, the anesthesia machines market has been classified into hospitals, specialty clinics, ambulatory surgical centers, and others. The hospitals segment dominates the market as various surgical procedures take place in hospitals and availability of the anesthesiologists.

Geographically, the anesthesia machines market has been classified into North America, Latin America, Europe, Asia Pacific, and Middle East & Africa.

North America dominates the anesthesia machines market due to higher per capita income, technological advancement, large geriatric population, and advanced health care infrastructure. North America includes the U.S. and Canada. The U.S. holds a major share of the market in North America. Europe is the second largest market for anesthesia machines due to increasing number of invasive surgeries. Asia Pacific is expected to grow at a higher rate driven by increasing health care awareness, rising disposable income, rapid growing population, and favorable health care insurance coverage.

Major players operating in this market include Carefusion Corporation, Covidien plc, Dragerwerk AG & Co. KGaA, Getinge Group, Fisher & Paykel Healthcare, GE Healthcare, Philips Healthcare, Smiths Medical, DRE Medical, Inc., Teleflex Incorporated, and Masimo Corporation among others.

This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers' or customers' journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.

Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:

  • Customer Experience Maps
  • Insights and Tools based on data-driven research
  • Actionable Results to meet all the business priorities
  • Strategic Frameworks to boost the growth journey

The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.

The following regional segments are covered comprehensively:

  • North America
  • Asia Pacific
  • Europe
  • Latin America
  • The Middle East and Africa

The EIRS quadrant framework in the report sums up our wide spectrum of data-driven research and advisory for CXOs to help them make better decisions for their businesses and stay as leaders.

Below is a snapshot of these quadrants.

1. Customer Experience Map

The study offers an in-depth assessment of various customers’ journeys pertinent to the market and its segments. It offers various customer impressions about the products and service use. The analysis takes a closer look at their pain points and fears across various customer touchpoints. The consultation and business intelligence solutions will help interested stakeholders, including CXOs, define customer experience maps tailored to their needs. This will help them aim at boosting customer engagement with their brands.

2. Insights and Tools

The various insights in the study are based on elaborate cycles of primary and secondary research the analysts engage with during the course of research. The analysts and expert advisors at TMR adopt industry-wide, quantitative customer insights tools and market projection methodologies to arrive at results, which makes them reliable. The study not just offers estimations and projections, but also an uncluttered evaluation of these figures on the market dynamics. These insights merge data-driven research framework with qualitative consultations for business owners, CXOs, policy makers, and investors. The insights will also help their customers overcome their fears.

3. Actionable Results

The findings presented in this study by TMR are an indispensable guide for meeting all business priorities, including mission-critical ones. The results when implemented have shown tangible benefits to business stakeholders and industry entities to boost their performance. The results are tailored to fit the individual strategic framework. The study also illustrates some of the recent case studies on solving various problems by companies they faced in their consolidation journey.

4. Strategic Frameworks

The study equips businesses and anyone interested in the market to frame broad strategic frameworks. This has become more important than ever, given the current uncertainty due to COVID-19. The study deliberates on consultations to overcome various such past disruptions and foresees new ones to boost the preparedness. The frameworks help businesses plan their strategic alignments for recovery from such disruptive trends. Further, analysts at TMR helps you break down the complex scenario and bring resiliency in uncertain times.

The report sheds light on various aspects and answers pertinent questions on the market. Some of the important ones are:

1. What can be the best investment choices for venturing into new product and service lines?

2. What value propositions should businesses aim at while making new research and development funding?

3. Which regulations will be most helpful for stakeholders to boost their supply chain network?

4. Which regions might see the demand maturing in certain segments in near future?

5. What are the some of the best cost optimization strategies with vendors that some well-entrenched players have gained success with?

6. Which are the key perspectives that the C-suite are leveraging to move businesses to new growth trajectory?

7. Which government regulations might challenge the status of key regional markets?

8. How will the emerging political and economic scenario affect opportunities in key growth areas?

9. What are some of the value-grab opportunities in various segments?

10. What will be the barrier to entry for new players in the market?

Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.

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Anesthesia Machines Market

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