The global inhalation anesthesia market was valued at $1,137 million in 2018 and is expected to reach $1,549 million by 2026, registering a CAGR of 4.2% from 2019 to 2026. Inhalation anesthetics are primarily used during surgical procedures to control pain, blood pressure, blood flow, and heart rate & rhythm of a patient.
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Further, inhalational anesthesia is primarily used for induction of general anesthesia and sedation purposes. The most widely used inhalational anesthetics are sevoflurane, desflurane, and nitrous oxide. Inhalational anesthetics usually result inrespiratory depression, reduction in arterial blood pressure and cerebral metabolic demand, and rise in cerebral blood flow. The most common side effect of inhalation anesthesia is nausea.
Significant rise in the number of emergency incidences and road accidents; surge in prevalence of various disorders such as cancer, respiratory diseases, and gastrointestinal disorders; upsurge in number of surgical procedures; and increased use of these in various disease diagnosis drive the inhalation anesthesia market growth. In addition, factors such as innovations in these devices and governmental support regarding the use of inhalation anesthetics further fuel the market growth. However, risks associated with certain therapeutic and diagnostic devices for neonates and low adoption rate of new technologies, owing to reluctance from physicians for treatment, restrain the growth of the respiratory care devices market. In addition, environmental concerns regarding vigorous usage of inhalation anesthesia is anticipated to hamper the market growth. Moreover, significant rise in elderly population and increase in healthcare expenditures in developing economies are anticipated to provide lucrative growth opportunities for the market.
The market is segmented on the basis of product, application, end user, and region. By product it is segmented into sevoflurane, desflurane, isoflurane, and nitrous oxide. On the basis of application, it is bifurcated into induction and maintenance. By end user it is classified into hospitals and ambulatory surgical centers. Region wise, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
Inhalation Anesthesia Market – Company Profiles
The List of Companies – AbbVie Inc., Baxter International Inc., Fresenius SE & Co., Halocarbon Products Corporation, Hikma Pharmaceuticals PLC, Jiangsu Hengrui Medicine Co., Ltd, Lunan Pharmaceutical Group Co. Ltd, Novartis AG, Piramal Enterprises Ltd, Troikaa Pharmaceuticals Ltd
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The research provides answers to the following key questions:
1. What is the estimated growth rate of the market for the forecast period 2020–2027? What will be the market size during the estimated period?
2. What are the key driving forces responsible for shaping the fate of the Inhalation Anesthesia market during the forecast period?
3. Who are the major market vendors and what are the winning strategies that have helped them occupy a strong foothold in the Inhalation Anesthesia market?
4. What are the prominent market trends influencing the development of the Inhalation Anesthesia market across different regions?
5. What are the major threats and challenges likely to act as a barrier in the growth of the Inhalation Anesthesia market?
6. What are the major opportunities the market leaders can rely on to gain success and profitability?
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Table Of Content
CHAPTER 1: INTRODUCTION
CHAPTER 2: EXECUTIVE SUMMARY
CHAPTER 3: MARKET OVERVIEW
CHAPTER 4: INHALATION ANESTHESIA MARKET, BY PRODUCT
CHAPTER 5: INHALATION ANESTHESIA MARKET, BY APPLICATION
CHAPTER 6: INHALATION ANESTHESIA MARKET, BY END USER
CHAPTER 7: INHALATION ANESTHESIA MARKET, BY REGION
CHAPTER 8: COMPANY PROFILES
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