The “Advanced Anesthesia Monitoring Devices” segment led the Anesthesia Devices Market in 2015 and is anticipated
to maintain its dominance over forecast period. The factors that could be attributed to the growth of market include
durability, accuracy, and reliability of the devices, rise in the incidence of chronic disorders, and growing requirements.
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The market may be explored by type as Local and General Anesthesia. The key applications that could be explored in
this market include Neurology, Cardiology, Dental, Urology, Orthopedics, Ophthalmology, and Others. The market
could be explored based on end user as Ambulatory Settings, Hospitals, and Others. The “Hospitals” segment led the
market in 2015 and is anticipated to maintain its dominance over forecast period. The factors that could be attributed
to the growth of market include accessibility of progressive infrastructure and presence of skilled workers in the
hospitals.
North America accounted for the major share of the market Size in 2016 and will continue to lead in the forecast
period. The factors that could be attributed to the growth include high acceptance of technologically advanced
products, upsurge in the number of surgical procedures, favorable government funding, well-developed
reimbursement network, and increasing health consciousness among population. North America is likely to be
followed by the European region.
Some of the key players that fuel the growth of the Anesthesia Devices Market comprise Medical, Inc., Masimo
Corporation, Medtronic plc, Infinium, Nihon Kohden Corporation, Philips Healthcare, GE Healthcare, Drägerwerk AG
& Co., Mindray Medical International Ltd., Schiller AG., and KGaA. The leading companies are taking up partnerships,
mergers and acquisitions, and joint ventures in order to boost the inorganic growth of the industry.
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