Global Anesthesia Monitoring Devices Market is Projected to $618 Million by 2020

Date: 2015-12-17

The global anesthesia monitoring devices market is mainly driven by increase in the number of surgeries. The market value of anesthesia monitoring devices market was $414 million in 2012 and is expected to be $618 million by 2020, at a CAGR of 6.80%.

The report analyzes the market into two types of monitors such as portable and stationary. The segmentation experienced a positive growth till 2012 with an increased awareness for sophisticated diagnostic techniques. Portable monitors contributed the largest share of 60% to the total market.

APAC (India, China, Japan, and others) is the fastest growing market because of increased purchasing power of patients in India and China will drive this market. Focus on the APAC region by the investors compelled by the matured western markets and the economic downturn in Europe are the major factors driving the APAC market.

North America (US, Canada, and Mexico) accounts the largest share of the market. Europe accounts the second largest market share. Economic crisis, increase in healthcare costs, and uneven reimbursement policies across different countries in Europe restrains the market. Further, increasing competition and market maturity in this region has reduced scope of expansion.

The key players of the market covered in this report are GE Healthcare, Philips, Mindray, Covidien, and Drager. The details of segment and country-specific company shares, news and deals, M&A, segment-specific pipeline products, product approvals, and product recalls of the major companies is also covered in the report.”

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