Anesthesia Machine Market

Anesthesia Machine Market Outlook (2024 to 2034)

The global anesthesia machine market size is expected to reach a valuation of US$ 14.1 billion in 2024. Projected to increase at a CAGR of 6%, worldwide sales of anesthesia machines are calculated to reach US$ 25.2 billion by 2034-end.

An anesthesia machine or Boyle’s machine is medical care equipment used by anesthesiologists to facilitate the administration of anesthesia. The increasing geriatric population and rising prevalence of chronic disorders such as diabetes, high cholesterol, and cancer will keep driving the demand for anesthesia technologies over the next ten years.

Modern machines are integrated with patient monitoring devices, suction units, and ventilators. Continuous development of short-acting anesthetics, rising sales of anesthesia monitoring devices, and growing demand for anesthesia workstations are driving the overall market growth.

Factors such as rising healthcare expenditure, growing medical tourism, and increasing demand for anesthesia standalone delivery machines are anticipated to offer lucrative opportunities for industry giants. Integration of digital technologies such as artificial intelligence and machine learning, coupled with electronic medical records, are some of the notable anesthesia machine market trends that are set to enhance drug administration.

• The North American anesthesia machine market size is forecasted to reach US$ 6.1 billion by 2034.

Market growth is primarily owing to the high adoption rate of advanced medical care systems, including anesthesia machines, and growing demand for anesthesia workstations in the region. Huge spending on healthcare and an increase in pipeline efforts in research & development to increase the effectiveness of anesthesia machines are expected to fuel the North American market growth over the coming years.

• East Asia is estimated to hold 22.4% of the global anesthesia machine market share in 2024.

Report Attribute	Detail
Anesthesia Machine Market Size (2024E)	US$ 14.1 Billion
Forecasted Market Value (2034F)	US$ 25.2 Billion
Global Market Growth Rate (2024 to 2034)	6% CAGR
South Korea Market Value (2034F)	US$ 1.3 Billion
Standalone Anesthesia Machine Sales Value (2034F)	US$ 13.2 Billion
Portable Anesthesia Machine Demand Growth Rate (2024 to 2034)	5.7% CAGR
Key Companies Profiled	DRE Medical; Spacelabs Healthcare; Beijing Aeonmed Co.Ltd.; Supera Anesthesia Innovations; Dragerwerk AG; Maquet Getinge Group; GE Healthcare; Midmark Corporation; Shenzhen Comen Medical Instruments Co. Ltd.; Spaceelabs Healthcare; Narang Medical Limited; Heyer Medical AG; Dameca A/S; Penlon, Inc.; Mindray Medical International Limited; Infinium Medical Inc.; Koninklijke Philips N.V; General Electric Company; Beijing Yi Shiheng Electronic Technology Co., Ltd.

Which Aspects are Increasing Global Sales of Anesthesia Machines?

“Continuous Efforts on Advancing Features of Anesthesia Devices”

Anesthesia machines have undergone a relentless technological transformation. Opposed to conventional pneumatic systems, the latest versions are more sophisticated, fully integrated, and computer-based. As the global population continues to surge, more minimally invasive surgeries are anticipated to place, which is reflecting favorably on global sales of anesthesia machines.

Currently, most machines support the continuous flow anesthetic system, which is designed to manage a continuous and accurate flow of medical gases (such as nitro-oxide or oxygen), diluted with a measured concentration of anesthetic gas. Anesthesia technology ensures an uninterrupted and controlled supply of anesthetic gases to the patient. Moreover, incessant technological advancements in anesthetic systems are boosting their adoption in the healthcare industry.

What Restraints are Impacting the Market for Anesthesia Equipment?

“High Product Cost and Stringent Approval Rules”

Key limitation stunting the sales of anesthesia devices is the risk of contamination caused by the use of anesthetic machines during surgical procedures. This is mostly due to an increase in the number of surgeries and the use of anesthetic machines, which increases the risk of bacterial infections. Microorganisms frequently infect anesthesia devices. One example is the exterior section of an anesthetic machine, which includes bacteria that can be transported from the equipment to the anesthetist and then to the patient, causing bacterial contamination and illness. Strict approval regulations for their validation are also hindering anesthesia machine market growth.

Start-up Ecosystem

• Somnus Scientific is a United Kingdom-based start-up that develops real-time anesthesia monitors. These monitors run on sensor-based technology that helps in the measurement of blood propofol concentration.
• Oncomfort is a Belgian-based start-up that provides a proprietary solution ‘Digital Sedation’ for general anesthesia and locoregional anesthesia. The company also offers a product called ‘Sedakit’, which consists of earphones, a portable VR headset, and a tablet-based solution that can be controlled remotely.

Country-wise Analysis

What is the Anesthesia Machine Demand Outlook in the United States?

“Manufacturers Focused on Introduction of Smart Anesthesia Monitoring Devices”

Attribute	United States
Market Value (2024E)	US$ 1.5 Billion
Growth Rate (2024 to 2034)	6.4% CAGR
Projected Value (2034F)	US$ 2.8 Billion

Rising number of surgical procedures, both open and minimally invasive due to the increasing prevalence of chronic disorders such as obesity, cardiovascular problems, and various forms of cancers are creating high-growth opportunities for manufacturers of anesthesia machines in the United States.

The United States is expected to exhibit high demand for computer-controlled anesthesia machines over the coming years. Investments in research and development activities by key companies in the United States are leading to the development of advanced anesthesia machines with better monitoring capabilities and automated controls.

Why are Anesthesia Machine Manufacturers Flourishing in Japan?

“High Geriatric Patient Pool with Chronic Disorders Increasing Need for Advanced Anesthesia Devices”

Attribute	Japan
Market Value (2024E)	US$ 900 Million
Growth Rate (2024 to 2034)	6.5% CAGR
Projected Value (2034F)	US$ 1.7 Billion

The market in Japan for anesthesia machines is projected to expand at a high pace owing to the presence of an enormous geriatric patient pool and rising number of surgeries related to cardiovascular and bariatric. Positive health insurance coverage policies and the presence of advanced healthcare facilities are further expected to increase the sales of anesthesia ventilators in Japan.

Category-wise Analysis

Why is the Need for Anesthesia Monitors So High?

“Anesthesia Monitors with Multiple Controls Facilitating Better Medical Care”

Anesthesia monitors are used to track and display the administration of anesthetic chemicals to the patient, such as gases, medications, and fluids. During surgery, these machines are utilized to monitor the patient's health and response to the anesthetic indication. Integration of multiple features in monitoring machines such as oxygen saturation level, carbon dioxide level, heart rate, and blood pressure, as well as decision support systems and data analysis, are set to help physicians gain better insights into their patients.

New monitoring approaches are driving industrial innovation, such as monitoring anesthetic depth, goal-directed fluid treatment, advanced neurological monitoring, improved alarm systems, and technical breakthroughs in objective pain evaluation.

Why is Demand for Anesthesia Machines High in Hospitals?

“High Intake of Chronic Disorder Patients in Hospitals”

Attribute	Hospitals
Segment Value (2024E)	US$ 4.8 Billion
Growth Rate (2024 to 2034)	5.7% CAGR
Projected Value (2034F)	US$ 8.3 Billion

Anesthesia machines are widely used in hospitals among other healthcare and nursing facilities. To deal with day-to-day surgical procedures both small and big hospitals use advanced anesthesia devices. With rising demand for endotracheal tubes, laryngeal mask airways, and portable anesthesia machines in various surgical procedures, top anesthesia machine manufacturers are targeting hospitals for the sales of their gadgets. Every day, multifunctional hospitals deal with a variety of surgical procedures, increasing the need for anesthetic devices.

Competitive Landscape

Key players in the anesthesia machine market are employing various marketing tactics including mergers, acquisitions, and alliances to achieve top position. The market is moderately competitive with the presence of prominent companies and the emergence of start-ups. New companies are focused on R&D for the development of innovative products with additional features and capabilities.

• In May 2022, Fisher & Paykel Healthcare expanded its offering by launching two new products - Optiflow Switch™ and Optiflow Trace™ for anesthesia applications.
• In 2022, Mindray, a leading global developer of medical devices, launched A8 and A9 Anesthesia workstations for perioperative care.

Fact.MR provides detailed information about the price points of key producers of anesthesia machines positioned across the world, sales growth, production capacity, and speculative technological expansion, in the recently updated market report.

Key Segments of Anesthesia Machine Market Research

• By Form :

  • Portable Anesthesia Machines
  • Standalone Anesthesia Machines

• By Product Type :

  • Continuous Anesthesia Machines
  • Intermittent Anesthesia Machines
  • Modern Anesthesia Machines
  • Anesthesia Ventilators
  • Anesthesia Monitors
  • Anesthesia Delivery Machines
  • Anesthesia Workstations
  • Others
    • Anesthesia Portable Delivery Machines
    • Anesthesia Standalone Delivery Machines
    • Boyles Anesthesia Machines
    • Computer Controlled Anesthesia
    • Patient Monitoring Devices
    • Anesthetic Machinery
    • Anesthesia Information Management Systems (AIMS)

• By Subject :

  • Human
  • Veterinary

• By Anesthesia Disposables and Accessories :

  • Anesthesia Masks
  • Anesthesia Circuits
  • Endotracheal Tubes (ETTs)
  • Laryngeal Mask Airways (LMAs)

• By Clinical Indication :

  • Nervous System Surgeries
  • ENT System Surgeries
  • Respiratory System Surgeries
  • Cardiovascular System Surgeries
  • Digestive System Surgeries
  • Urinary System Surgeries
  • Musculoskeletal System Surgeries
  • Skin System Surgeries

• By End User :

  • Hospitals
  • Specialty Clinics
  • Ambulatory Surgical Centers
  • Point Of Care

• By Region :

  • North America
  • Latin America
  • Western Europe
  • Eastern Europe
  • East Asia
  • South Asia & Pacific
  • Middle East & Africa