Based on dimensions, the market is segmented into portable anaesthesia machines and
stand-alone anesthesia machines.
Based on end users, the market is segmented into hospitals, the point of care, and others.
Based on the regions, the market is segmented as North America, Europe, Asia Pacific
Middle East and Africa and rest of the world.
Regional analysis:
North America commands the most significant share of the market due to a large number of
surgeries and sizeable public expenditure on healthcare. The U.S. spends a substantial
proportion of the GDP on healthcare, of which approximately 16 % in 2016. However, the
recent reimbursement cuts by the government of U.S. may hinder the market.
Europe market is dominated by Germany, France, and the U.K. Owing to the extensive
medical device industry of Germany. Poland, Spain, and Italy also have a sizable market
share of the European market.
Asia Pacific region is expected to demonstrate the fastest growth for the anesthesia machine
market is owing to economic development and developing healthcare infrastructure. China
is expected to drive a considerable growth followed by India. The leading domestic players,
in China, are Tuoren Medical, Shengguang Medical, and Qiangjian Medical, which account
for approximately 16 % of the local market share of China.
The Middle East and Africa are led by Gulf economies of Saudi Arabia, UAE, Kuwait, and
Qatar. The Middle East is a market to watch owing to its high wealth and the development
of large hospital complexes in the region such as the King Fahd hospital, Riyadh. The
market is however dependent on petrodollar and the expat population, which is a threat to
its stability. The kingdom of Saudi Arabia reduced its healthcare spending by 35 percent in
the year 2016 to wean the downfall of revenues owing to falling crude oil prices. Saudi
Arabia and other Gulf nations spend approximately 75 % of total healthcare expenditure
through public budgets which must be seen as a threat as well as opportunity for the private
players to capture the domestic market of Gulf economies.
Thus, the short-term prospects for the Middle East region are expected to rise to previous
levels after 2018. The government is undertaking harsh fiscal adjustment owing to weak oil
price. However, the high and satisfactory foreign reserves of Saudi Arabia, which equal over
95 % of GDP, and low public debt stock of just 5.8 % of GDP in 2015 are enough to say that
the cuts will not be too drastic!
The Latin America market is characterized by poor domestic capacity and capability of
production. China is expected to increase its share of the medical devices imports of Brazil,
especially in low-end devices. Among the regions of Brazil, São Paulo, Minas Gerais, Bahia,
Rio de Janeiro and Parana tops the healthcare expenditure list. However, the differential
regional healthcare availability owing to extreme social and economic differentiation of the
Brazilian population is the prime threat to the market. The inadequate health care in its vast
rural areas, political turmoil, the weak Brazilian Real are the other threats to the market.
…Continued!
Browse Full Reports @ https://www.marketresearchfuture.com/reports/anesthesia-
machine-market-6179