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Advance Anesthesia Monitoring Devices Market BriefMarket Research Future (MRFR) in its report reveals that the global advanced anesthesia monitoring devices market is expected to grow with a notable 10.3% CAGR during the assessment period of 2017-2023.
Anesthesia is a state of insensitivity to pain which is crucial to maintain in case of surgery. Hence, monitoring the anesthetic episode of a patient during the entire medical procedure, by the anesthesia monitoring devices,to track the health status is important. The devices assist medical professionals in early detection of post-surgery complications which in turn helps eliminates delay in treatment. Furthermore, technical advancement is helping integrate anesthesia monitoring devices in different medical imaging devices for economic benefits. The predicted market drivers are expected to impel the global advanced anesthesia monitoring devices market growth.
However, the high cost of the advanced anesthesia monitoring devices is anticipated to prevent the market proliferation in the nearing years.
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Market Players
The major players of the advanced anesthesia monitoring devices market are
• Nihon Kohden
• General Electric
• Masimo
• Infiniummedical
• Medtronic
• Shenzhen Mindray Bio-Medical Electronics Co.
• Sedana Medical AB
• Drägerwerk AG & Co. KGaA.
• Smiths Medical
• OSI Systems
• Maquet Holding B.V. & Co. KG
• Teleflex Incorporated
• ResMed
• Getinge AB
• Fisher & Paykel Healthcare Limited
• Phillips Plastics Corporation
• Intersurgical Ltd
Segmental Analysis
The segmental analysis of the advanced anesthesia monitoring market aids in deriving a holistic knowledge about the market drivers, constraints, trends, and other aspects. The market study has been segmented into product type and end users.
Based on the product type, the market is segmented into basic anesthesia monitors, advanced anesthesia monitors, integrated anesthesia workstations. The advanced anesthesia monitors segment is classified into gas monitors, stand-alone capnography monitors, monitors to measure the depth of anesthesia, and MRI compatible anesthesia monitors. Increase in maladies in the rising geriatric population is boosting the need for monitoring, thereby, fueling the product segment to proliferate at an escalating rate.
Based on the end users, the global advanced anesthesia monitoring devices market has been segmented into hospitals, clinics, ambulatory services, and others. Enhancement in ambulance service, improvement in medical infrastructure owing to technical advancement, and availability of trained professionals are amplifying the end users segment growth.
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Regional Overview
The regional analysis of the global advanced anesthesia monitoring devices market has been segmented by America, Europe, Asia Pacific, and the Middle East & Africa.
Increase in surgical cases and consequent rise in awareness of the anesthesia monitoring devices among surgeons are boosting the adoption of the advanced anesthesia monitoring devices in different healthcare organizations in North America. The region boasting of its technological advancement is also likely to propel the regional advanced anesthesia monitoring devices market. MRFR predicts North America to hold the largest market share in the upcoming years.
The European, advanced anesthesia monitoring devices market is anticipated to worth the second largest market size, after North America.
Increase in surgical instances, surging orthopedic problems among the geriatric population, huge population base, boundless scope for investment in research and development activities in the Asia Pacific region is likely to propel the APAC advanced anesthesia monitoring devices market growth.
Industry Update
April 2019: Medasense Biometrics, an innovative medical device developer company has designed a portable pain sensor. The device quantitates the pain of a patient and measures the care required to treat the pain.
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