Anesthetic Gas Machine Market will Rise due to Continuous Developments in the Healthcare Sector

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This report studies Anesthetic Gas Machine in Global market, especially in North America, China, Europe, Southeast Asia, Japan and India, with production, revenue, consumption, import and export in these regions, from 2012 to 2016, and forecast to 2022.

The global anesthetic gas machine market is expected to accumulate significant revenue by 2022, according to a report on Radiant Insights, Inc. Anesthetic gas machines alleviate pain caused to the patients during surgery. It is also known as Boyle’s machine or anesthesia machine. New features were added to these machines to minimize the mishaps such as low supply of oxygen and chances of oxygen failure.

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The market for anesthetic gas machines is projected to exhibit a healthy growth rate over the forecast period (2012 to 2022) due to technological advances in the product. The growing geriatric populace and rise in number of surgical procedures are factors expected to spur market growth in near future. Continuous developments in the healthcare sector and availability of preferable option of minimally invasive surgeries are projected to open up new avenues for the market. However, refurbished anesthesia machines may pose a challenge to the market.

The rise of pet healthcare costs and pet plastic surgeries are expected to impact sales of anesthetic machines. The change in gas to xenon from nitrous oxide as an anesthetic agent in animal surgeries can improve outcomes as per a study by the Université de Lyon in September 2017. Medical device manufacturers have designed an anesthetic machine to run in the event of no electricity. This is beneficial to countries with low electricity supply and for patients in rural areas. The Universal Anesthesia Machine (UAM) launched by Gradian Health Systems in 2014 can absorb oxygen from the atmosphere during a power outage and passes it through an oxygen concentrator to provide pure oxygen to patients.

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The worldwide anesthetic gas machine market is segmented according to product, application, and region. By product, the market is divided into closed circle anesthesia machine, direct flow anesthesia machine, and ether air anesthesia machine. Major applications include animal and human.

Regions covered in the anesthetic gas machine market report include India, Japan, China, Southeast Asia, Europe, and North America. The Southeast Asia, China, Japan, and India markets have significant potential owing to emphasis on healthcare and increasing expendable income of civilians. Improving healthcare infrastructure and a large patient pool are other factors anticipated to augment market growth.

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The North America anesthetic gas machine market is anticipated to grow robustly over the forecast period owing to sophisticated medical infrastructure, prevalence of chronic diseases, and high awareness among consumers. The U.S., in particular has the potential to contribute to market revenue by adopting the latest devices. High sales of anesthesia information systems and level of consciousness (LoC) monitors are expected to bolster the market. The adoption of such equipment by hospitals owing to government funding and user-friendly insurance policies is factors that can have a major influence on the market. The Europe market is anticipated to scale due to development of anesthetic gas machines aimed at animal care. The willingness of pet lovers to pay for veterinary surgeries may further contribute to market growth.

Key anesthetic gas machine market players include Dräger; Spacelabs Medical, Inc.; Mindray Medical International Limited; Philips Healthcare; and Beijing Aeonmed Co., Ltd.Most of these players are delving into research and development to continuously improve the current machines and to increase surgical outcomes. In December 2016, GE Healthcare developed the Carestation 30 portable machine for areas with limited medical facilities for monitoring oxygen levels.

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About Radiant Insights, Inc

Radiant Insights is a market research and consulting company offering syndicated research studies, customized reports, and consulting services. Our market research studies are designed to facilitate strategic decision making, on the basis of extensive and in-depth quantitative information, supported by extensive analysis and industry insights. Using a patented and robust research methodology, we publish exhaustive research reports covering a host of industries such as Technology, Chemicals, Materials, and Energy. Radiant Insights has a strong base of analysts, consultants and domain experts, with global experience helping us deliver excellence in all research projects we undertake.

 

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