Global Anesthesia Monitoring Devices Market
Anesthesia Monitoring Devices Market Size And Forecast
According to Verified Market Research, Global Anesthesia Monitoring Devices Market was valued at USD 1.24 Billion in 2018 and is projected to reach USD 2.91 Billion by 2026, growing at a CAGR of 11.3% from 2019 to 2026.
Global Anesthesia Monitoring Devices Market Outlook
The rising aging population, increasing the number of surgeries, and growing incidence and prevalence of chronic diseases, orthopedic diseases and cancer are primary factors that are expected to fuel the growth of the global anesthesia monitoring devices market. According to the National Cancer Institute, in 2018, an estimated 1,735,350 cases of cancer were diagnosed in the United States. Besides, the introduction of new advanced technologies to monitor cardiac functions will also help to enhance the demand for the product. However, the presence of conventional techniques and the high cost of devices are the factors that might hinder the market growth. Furthermore, awareness among physicians about various factors such as the appropriate route of administration, choice of an anesthetic drug, the right dose of the anesthetic drug creates an opportunity for the growth of the market in the next few years.
Global Anesthesia Monitoring Devices Market Competitive Landscape
The Global Anesthesia Monitoring Devices Market study report will provide a valuable insight with an emphasis on global market including some of the major players such as Covidien PLC (A Subsidiary of Medtronic PLC.), Fukuda Denshi, GE Healthcare (Division of General Electric Company), Infinium Medical, Masimo, Nihon Kohden Corporation, Philips Healthcare (A Subsidiary of Royal Philips Electronics), Mindray Medical International Limited, Drgerwerk AG & Co. KGAA, and Schiller AG.
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