Asia Pacific Depth Of Anesthesia Monitoring Market
Market Size in USD Billion
CAGR : %
Forecast Period |
2023 –2030 |
Market Size (Base Year) |
USD 34.30 Million |
Market Size (Forecast Year) |
USD 62.55 Million |
CAGR |
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Major Markets Players |
Asia-Pacific Depth of Anesthesia Monitoring Market, By Technology (Bisp.ectral Index, Entropy and Patient State Index (PSI)), Product (Devices and Consumables), Mode of Purchase (Purchasing Organization and Direct Purchase), Application (Fluid Management, Cesarean Section, Laparoscopic Surgery, Vascular Surgery, Orthopedic Surgery, Cardiological Interventions, Emergency Medicine, Pediatric Surgery and Others), End User (Hospitals, Clinics, Ambulatory Surgical Centers, Emergency Centers and Others), Distribution Channel (Direct Tender and Retail Sales) – Industry Trends and Forecast to 2030.
Asia-Pacific Depth of Anesthesia Monitoring Market Analysis and Size
Depth of anaesthesia monitoring includes features such as advancements in anaesthesia monitoring technology, which will impact the launch of new products by manufacturers into the market, increasing its demand, and various chronic diseases that require anaesthesia, which has increased the demand for depth of anaesthesia monitoring. Various research studies are currently being conducted, which is expected to provide manufacturers with a competitive advantage in developing new, innovative, and advanced depth of anaesthesia monitoring devices, which is expected to provide various other opportunities in the depth of anaesthesia monitoring market.
Data Bridge Market Research analyses that the depth of anesthesia monitoring market which is USD 34.30 million in 2022, is expected to reach USD 62.55 million by 2030, at a CAGR of 7.8% during the forecast period 2023 to 2030. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include depth expert analysis, patient epidemiology, pipeline analysis, pricing analysis, and regulatory framework.
Asia-Pacific Depth of Anesthesia Monitoring Market Scope and Segmentation
Report Metric |
Details |
Forecast Period |
2023 to 2030 |
Base Year |
2022 |
Historic Years |
2021 (Customizable to 2015 - 2020) |
Quantitative Units |
Revenue in USD Million, Volumes in Units, Pricing in USD |
Segments Covered |
Technology (Bispectral Index, Entropy and Patient State Index (PSI)), Product (Devices and Consumables), Mode of Purchase (Purchasing Organization and Direct Purchase), Application (Fluid Management, Cesarean Section, Laparoscopic Surgery, Vascular Surgery, Orthopedic Surgery, Cardiological Interventions, Emergency Medicine, Pediatric Surgery and Others), End User (Hospitals, Clinics, Ambulatory Surgical Centers, Emergency Centers and Others), Distribution Channel (Direct Tender and Retail Sales) |
Countries Covered |
China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC) |
Market Players Covered |
Medtronic (Ireland), General Electric (U.S.), Masimo (U.S.), Shenzhen Mindray Bio-Medical Electronics Co., Ltd (China), OSI Systems, Inc. (U.S.), Medizintechnik GmbH (Austria), Danmeter APS (Denmark), Dragerwerk AG & Co. KGaA (Germany), EDAN Instruments, Inc (China), Fukuda Denshi U.K (U.K.), General Meditech, Inc (China), Mennen Medical (U.S.), Koninklijke Philips N.V. (U.S.), Nihon Kohden Corporation (Japan), Spacelabs Healthcare (U.S.) |
Market Opportunities |
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Market Definition
During general anaesthesia, a patient's anaesthetic dose is monitored via depth of anaesthesia monitors. The high frequency of procedures requiring the injection of general anaesthesia into the patient is essential to the market's expansion. Heart surgery, knee and hip replacement surgery, and brain surgery all frequently employ general anaesthesia. Additionally, with extensive cosmetic treatments, general anaesthesia is injected.
Asia-Pacific Depth of Anesthesia Monitoring Market Dynamics
Drivers
- Increase in surgeries for osteoporosis and accident cases
Osteoporosis is a major public health issue, especially among the elderly. The condition is associated with joint and bone wear in the hip, knee, wrist and spine. Every year, osteoporosis causes approximately 8.6 million fractures worldwide. Women are more likely to be affected by this illness. An increase in the prevalence of osteoporosis and osteoarthritis, as well as an increase in the number of knee and hip transplantation surgeries, are driving the depth of anesthesia monitoring market.
Opportunities
• High prevalence of chronic diseases in geriatric population
The ageing population is increasing the demand for anaesthesia depth monitoring equipment. This is primarily due to the elderly population's increased vulnerability to chronic diseases. A rise in the frequency of neurological, gynaecological, cardiovascular and urological problems in people aged 65 and above is driving the depth of anaesthesia monitoring market forward.
Restraints/Challenges
- High cost
High costs and stringent regulatory rules are expected to limit market expansion in the future. As a result, the most likely factor impeding the use of anaesthetic monitoring equipment is a halt in surgical procedures.
This depth of anesthesia monitoring market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the depth of anesthesia monitoring market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
COVID-19 Impact on the Depth of Anesthesia Monitoring Market
Market players are turning to in-licensing and partnership agreements to launch new products. As a result, the increased demand for technology-driven solutions, economic growth, and disposable income provide significant opportunities for market participants. The demand for anaesthesia monitoring equipment decreased slightly during the COVID-19 epidemic due to the postponement of surgeries. Although COVID-19 cases are rapidly declining worldwide, med-tech companies anticipate a surge in demand for depth of anaesthesia monitoring, driven by an increase in in-office visits at hospitals and clinics.
Recent Developments
- In 2020, Shenzhen Mindray Bio-Medical Electronics Co., Ltd. announced that it had displayed its new life support and patient monitoring system at the Middle East and Africa region's largest healthcare exhibition. Following the company's launch, it had a significant impact on medical professionals, as well as an increase in the medical equipment index level.
- In 2020, The US Food and Drug Administration approved Getinge's Flow-e and Flow-c Anesthesia Systems. These systems can provide tailored anaesthetic delivery for even the most difficult patients, from infants and paediatrics to the morbidly obese.
Asia-Pacific Depth of Anesthesia Monitoring Market Scope
The depth of anesthesia monitoring market is segmented on the basis of technology, mode of purchase, distribution channel, application and end-user. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Technology
- Bispectral Index
- Entropy
- Patient State Index (PSI)
Mode of Purchase
- Purchasing Organization
- Direct Purchase
Application
- Fluid Management
- Cesarean Section
- Laparoscopic Surgery
- Vascular Surgery
- Orthopedic Surgery
- Cardiological Interventions
- Emergency Medicine
- Pediatric Surgery
Distribution Channel
- Direct Tender
- Retail Sales
End-User
- Hospitals
- Clinics
- Ambulatory Surgical Center
Depth of Anesthesia Monitoring Market Regional Analysis/Insights
The depth of anesthesia monitoring market is analyzed and market size insights and trends are provided by country, technology, mode of purchase, distribution channel, application and end-user as referenced above.
The countries covered in the depth of anesthesia monitoring market report are China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC).
China is dominating the market in Asia-Pacific region due to the increasing number of healthcare facilities including hospitals and ambulatory surgery centres. The number of hospitals in smaller cities is growing faster than the number of large multispecialty hospitals in the country.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Healthcare Infrastructure Growth Installed base and New Technology Penetration
The depth of anesthesia monitoring market also provides you with detailed market analysis for every country growth in healthcare expenditure for capital equipment, installed base of different kind of products for depth of anesthesia monitoring market, impact of technology using life line curves and changes in healthcare regulatory scenarios and their impact on the depth of anesthesia monitoring market. The data is available for historic period 2011-2021.
Competitive Landscape and Depth of Anesthesia Monitoring Market Share Analysis
The depth of anesthesia monitoring market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to depth of anesthesia monitoring market.
Some of the major players operating in the depth of anesthesia monitoring market are:
- Mennen Medical (U.S.)
- Koninklijke Philips N.V. (U.S.)
- Nihon Kohden Corporation (Japan)
- Spacelabs Healthcare (U.S.)
- Medtronic (Ireland)
- General electric (U.S.)
- Masimo (U.S.)
- Shenzhen Mindray Bio-Medical Electronics Co., Ltd (China)
- OSI Systems, Inc. (U.S.)
- CNSysytems Medizintechnik GmbH (Austria)
- Danmeter APS (Denmark)
- Dragerwerk AG & Co. KGaA (Germany)
- EDAN Instruments, Inc (China)
- Fukuda Denshi U.K (U.K.)
- General Meditech, Inc (China)
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Research Methodology
Data collection and base year analysis are done using data collection modules with large sample sizes. The stage includes obtaining market information or related data through various sources and strategies. It includes examining and planning all the data acquired from the past in advance. It likewise envelops the examination of information inconsistencies seen across different information sources. The market data is analysed and estimated using market statistical and coherent models. Also, market share analysis and key trend analysis are the major success factors in the market report. To know more, please request an analyst call or drop down your inquiry.
The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market and primary (industry expert) validation. Data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Patent Analysis, Pricing Analysis, Company Market Share Analysis, Standards of Measurement, Global versus Regional and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
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