The total market value of anesthesia machinery market is $2,001.6 million in 2018.
The forcast period for anesthesia machinery market is 2019 to 2026
The market value of anesthesia machinery market in 2020 is $2,281.2 million.
The base year is 2018 in anesthesia machinery market
Top companies such as,Cardinal Health, Dräger, Philips, Teleflex, Smiths Medical, and GE Healthcare held a high market position in 2019. These key players held a high market postion owing to the strong geographical foothold in different regions.
Continuous anesthesia machinery segment is the most influencing segment owing to owing to its larger production by manufacturer due to its standardized design and its accurate, uninterrupted, and controlled supply of medical gases with an accurate concentration of anesthetic vapor.
The major factor that fuels the growth of the global anesthesia machinery market includes technological advancement in anesthesia monitoring and upsurge in number of surgical procedures. This leads to surge in demand for anesthesia machinery devices which contribute to the growth of the market.
Asia-Pacific has the highest growth rate in the market which is growing due to the contribution of the following emerging countries such as China with a CAGR of 7.8%. This is due to improvement in health awareness, development in healthcare infrastructure , and rise in number of hospitals & diagnostic centers equipped with advanced medical facilities.
Aanesthetic machinery is a device which is used to generate and mix a fresh gas flow of medical gases and inhalational anaesthetic agents
Anesthesia machinery used for inducing and maintaining anaesthesia levels ina person during treatment.
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