Global Anesthesia Gas Monitoring Devices Market 2016-2020
Published: Nov 2016 | Pages: 104 | SKU: IRTNTR10684 |
Overview of the anesthesia gas monitoring devices market
Technavio’s market research analysts have predicted that the global anesthesia gas monitoring devices market will witness impressive growth and will post a CAGR of more than 11% over the forecast period. The growing acquisition of hospitals has boosted the surgical care market, which has indirectly impacted the growth of the anesthesia gas monitoring devices market. In the recent years, several large hospitals have acquired smaller ones, which not only helps to train the healthcare staff including physicians and nurses better but also helps to enhance their skills. This ensures a positive outcome in surgical care management and its services. The presence of skilled professionals has considerably improved the surgical care techniques in developed countries, leading to the augmented adoption of anesthesia gas monitoring devices over the coming years.
In terms of geography, the Americas was the highest revenue contributing region in the market and will continue to lead the market over the next four years. The US accounted for the majority share of the market in this region. Growing awareness programs for medical safety have contributed significantly to this market’s growth in the region. To reduce the number of adverse situations in developed countries such as the US, the government agencies conduct training programs for anesthetists and anesthesiologists, for instance, the US Department of Veterans Affairs conducts the Nurse Anesthetist Education Program for registered nurses. Through such program, best practices for anesthesia treatment are taught, which help to increase the number of skilled professionals in the market.
Competitive landscape and key vendors
The global anesthesia gas monitoring devices market is highly competitive owing to the presence of several well-established large, medium, and small sized companies. The advances in technology and product upgrading will increase the competition among the vendors. Also, the presence of anesthesia gas monitoring servicing companies and distributors will help to drive this market’s growth.
Key vendors in this market are -
- Drägerwerk
- GE Healthcare
- Penlon
- Philips Healthcare
Other prominent vendors in the market include Fukuda Denshi, HEYER Medical, Masimo, Meditec International, Nihon Kohden, Oricare, Spacelabs Healthcare, AMBISEA Technology, Beijing Eternity Electronic Technology, Beijing Siriusmed Medical Device, Beijing Vanbonmed, Chirana, Criticare Systems, General Meditech Devices, Infinium Medical, OES Medical, and SIARE ENGINEERING INTERNATIONAL.
Product segmentation and analysis of the anesthesia gas monitoring devices market
- Integrated anesthesia gas monitoring devices
- Stand-alone anesthesia gas monitoring devices
The integrated anesthesia gas monitoring devices segment accounted for the majority of revenue market shares and will continue to lead the market until the end of 2020. The growing importance of pre-surgical general anesthesia cases in a few countries is one of the primary factors driving this segment’s growth. For example, in 2015, around 24 million cases were operated in the US using general anesthesia. Since healthcare facilities are more advanced in developed countries, most of the hospitals and ASCs use integrated anesthesia gas monitoring devices, which will boost this segment’s growth over the coming years.
Segmentation by end user and analysis of the anesthesia gas monitoring devices market
- Hospitals and clinics
- ASCs
- Physician’s offices
According to industry research analysts, hospitals and clinics are the key end-users of anesthesia gas monitoring devices and are expected to dominate the market during the forecast period. Large hospitals and clinics procure medical devices and consumables in bulk quantity and engage closely with many suppliers, reimbursement authorities, and government organizations. Moreover, they also have advanced medical infrastructure to cater to the needs of people. Therefore, the growing number of hospital admissions for surgical care will boost this market segment’s growth in the future.
Key questions answered in the report include
- What will the market size and the growth rate be in 2020?
- What are the key factors driving the global anesthesia gas monitoring devices market?
- What are the key market trends impacting the growth of the global anesthesia gas monitoring devices market?
- What are the challenges to market growth?
- Who are the key vendors in the global anesthesia gas monitoring devices market?
- What are the market opportunities and threats faced by the vendors in the global anesthesia gas monitoring devices market?
- What are the trending factors influencing the market shares of the Americas, APAC, and EMEA?
- What are the key outcomes of the five forces analysis of the global anesthesia gas monitoring devices market?
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Table of Contents
PART 01: Executive summary
- Highlights
PART 02: Scope of the report
- Market overview
- Top-vendor offerings
PART 03: Market research methodology
- Research methodology
- Economic indicators
PART 04: Introduction
- Key market highlights
PART 05: Market landscape
- Market overview
- Market size and forecast
- Five forces analysis
PART 06: Market segmentation by product
- Stand-alone anesthesia gas monitoring devices
- Integrated anesthesia gas monitoring devices
PART 07: Market segmentation by application
- Inpatient anesthesia gas monitoring devices
- Outpatient anesthesia gas monitoring devices
PART 08: Market segmentation by end-user
- ASCs
- Hospitals and clinics
- Physicians' offices
PART 09: Geographical segmentation
- Anesthesia gas monitoring devices market in Americas
- Anesthesia gas monitoring devices market in EMEA
- Anesthesia gas monitoring devices market in APAC
PART 10: Market drivers
- Customer-centric strategies by manufacturers to increase sales
- Increased number of surgical procedures
- Acquisition of hospitals for providing better pre-surgical care
PART 11: Impact of drivers
PART 12: Market challenges
- Demand for MI surgical procedures owing to high cost of open surgeries
- Lack of skilled professionals in developed countries
- Need for non-physician anesthetist for perioperative care in developing countries
PART 13: Impact of drivers and challenges
PART 14: Market trends
- Transforming marketing and sales strategies for anesthesia gas monitoring devices
- Attracting end-users through participation in medical exhibitions
- Partnership between companies and clinical institutes/governments to increase skilled professionals
PART 15: Vendor landscape
- Competitive scenario
- Market analysis of Tier 1 companies
- Market analysis of Tier 2 companies
PART 16: Appendix
- List of abbreviations
PART 17: Explore Technavio
Research Framework
Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.
INFORMATION SOURCES
Primary sources
- Manufacturers and suppliers
- Channel partners
- Industry experts
- Strategic decision makers
Secondary sources
- Industry journals and periodicals
- Government data
- Financial reports of key industry players
- Historical data
- Press releases
DATA ANALYSIS
Data Synthesis
- Collation of data
- Estimation of key figures
- Analysis of derived insights
Data Validation
- Triangulation with data models
- Reference against proprietary databases
- Corroboration with industry experts
REPORT WRITING
Qualitative
- Market drivers
- Market challenges
- Market trends
- Five forces analysis
Quantitative
- Market size and forecast
- Market segmentation
- Geographical insights
- Competitive landscape
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Key Questions Answered
- What are the key global market and the regional market share?
- What are the revenue-generating key market segments?
- What are the key factors driving and challenging this market’s growth?
- Who are the key market vendors and their growth strategies?
- What are the latest trends influencing the growth of this market?
- What are the variables influencing the market growth in the primary regions?
- What are the factors influencing the growth of the parent market?
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