by According to Precedence Research’s new research study on “Inhalation Anesthesia Market Size 2021 to 2030 – Global Industry Analysis and Forecast (By Product Type: Apparatus (Isoflurane, Sevoflurane, Desflurane, and Others), Anesthetics, Accessories; By Deployment: Human Healthcare, Veterinary Healthcare; By Organization Size: Hospitals, Clinics, Ambulatory Surgical Centres, Others)” The global inhalation anesthesia market size is forecasted to reach around US$ 24 billion and is anticipated to grow with a healthy CAGR of 5.5% from 2021 to 2030.
The report contains 150+ pages with detailed analysis. The base year for the study has been considered 2021, the historic year 2017 to 2020, the forecast period considered is from 2021 to 2030.
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Global inhalation anesthesia industry is offering huge growth opportunities for the manufacturers, vendors, customers in developed as well as emerging economies worldwide. Anesthetic inhalation is a chemical compound with anesthetic properties, which can be transmitted by inhalation through the human body. They are controlled by the facemask and a vaporizer-connected tracheal tube, and another delivery device. Anesthetic agents are used to regulate pain, respiration, blood pressure, blood flow, and heart rate & rhythm during surgical procedures. Inhalational anesthesia is mainly used for general anesthetic induction and sedation purposes. Sevofluran, desflurane, and nitrous oxide are the most commonly used inhalational anesthetics. Inhalation anesthetics usually lead to respiratory depression, reduced blood pressure and cerebral metabolic demand, and increased blood flow in the cerebrum. The most common side effect of anesthesia by inhalation is nausea.
Growth Factors:
Growing numbers of surgical procedures across the globe, along with emergence of the trauma cases worldwide are some among the major factors driving growth of the global market. Additionally, increasing geriatric population, increasing cancer patient pool, rising cardiovascular, gastrointestinal, respiratory, neurological disorders are expected to propel growth of the target market in next 10 years.The North American region is expected to dominate in the global inhalation anesthesia market over the forecast period. The growth is attributed to increasing chronic diseases and availability for advanced healthcare facility in the U.S. Additionally, increasing number of surgical procedures along with early acceptance of advanced technology in the region are expected to fuel growth of the target market over the forecast period. However, factors such as side effects of inhalation anesthetics as well as lack of awareness may restrict the inhalation anesthesia market globally. Nevertheless, untapped markets can create lucrative growth opportunity for the key players in the global market. Key players are using innovative technology to deliver high-quality goods that meet the changing needs of the end-user industries which is anticipated to propel growth of the global market in the near future.
Market Scope:
| Report Highlights | Details |
| Market Size | USD 24 Billion by 2030 |
| Growth Rate | CAGR of 5.5% From 2021 to 2030 |
| Base Year | 2020 |
| Historic Data | 2017 to 2020 |
| Forecast Period | 2021 to 2030 |
| Segmentes Covered | Product, Application, End use |
| Regional Scope | North America, Europe, Asia Pacific, Latin America, Middle East & Africa (MEA) |
Report Highlights:
- On the basis of anesthetics, product type segment will register supreme share in the near future. The anesthetics segment accounted for the maximum share of around 42% in year 2020 in terms of revenue. Apparatus segment will be increasing at substantial pace and will fuel growth of the inhalation anesthesia industry in the near future.
- Based on application the global market is categorized as human healthcare and veterinary healthcare among which the services segment will register maximum share in the near future. Human healthcare segment is anticipated to register highest growth rate as well as market share over the forecast period of time.
- Among the end user hospitals estimated as a dominant segment, along with maximum share in year 2020. The growth is attributed to growing adoption in the hospitals across the globe. Along with this the clinics segment is anticipated to grow at the noteworthy growth rate and will augment the market revenue.
- Kent Scientific Corporation accounted for a significant share of the global inhalation anesthesia market due to the implementations of its innovative business strategies. Key strategies applied by the company will offers tremendous growth prospects for the vendors worldwide.
Regional Analysis:
The report study offers global industry projections of inhalation anesthesia products round various regions like Asia-Pacific, Latin America, Europe, North America, and Middle East and Africa. The North Americawill lead the worldwide industry owing togrowing prevalence of numerous chronic diseases, presence of advanced healthcare facilities, coupled with presence of major companies in the North American countries. The Asia Pacific market is probable to list the striking CAGR, on account of growing demand for the inhalation anesthesiain emerging economies. Likewise, utmost of the companies functioning in the market are advancing deeply in order to get the modest advantage in the inhalation anesthesia market in the Asia Pacific. The market in the Europe is expected to hold significant market share and the growth is attributed to the increased prevalence of respiratory diseases in the France, Russia, and U.K. of the region. The Latin America inhalation anesthesia industry is anticipated to grow at reasonable CAGR in the forecast period of time. Likewise, Middle East and Africa region is projected to create worthwhile growth opportunities in the target industry.
Some of the prominent players in the global Inhalation Anesthesia Market are listed as below:
- Piramal Critical Care
- Baxter
- Midmark Corporation
- Halocarbon
- Hengrui Medicine
- Kent Scientific Corporation
- Merck KGaA
- BOC
- AbbVie Inc.
- Raman & Weil Pvt. Ltd.
For upgraded status of inhalation anesthesia, strategies accepted by Precedence Research projected the upcoming growth of the inhalation anesthesia market.
Major Market Segments Covered:
By Product Type
- Apparatus
- Isoflurane
- Sevoflurane
- Desflurane
- Others
- Anesthetics
- Accessories
By Application
- Human Healthcare
- Veterinary Healthcare
By End user
- Hospitals
- Clinics
- Ambulatory Surgical Centres
- Others
By Geography
- North America
- U.S.
- Canada
- Europe
- Germany
- France
- United Kingdom
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- Southeast Asia
- Rest of Asia Pacific
- Latin America
- Brazil
- Rest of Latin America
- Middle East & Africa (MEA)
- GCC
- North Africa
- South Africa
- Rest of Middle East & Africa
TABLE OF CONTENT
Chapter 1. Introduction
1.1. Research Objective
1.2. Scope of the Study
1.3. Definition
Chapter 2. Research Methodology
2.1. Research Approach
2.2. Data Sources
2.3. Assumptions& Limitations
Chapter 3. Executive Summary
3.1. Market Snapshot
Chapter 4. Inhalation Anesthesia Market Variables and Scope
4.1. Introduction
4.2. Market Classification and Scope
Chapter 5. COVID 19 Impact on Inhalation Anesthesia Market
5.1. Covid-19: Inhalation Anesthesia Industry Impact
5.2. Inhalation Anesthesia Business Impact Assessment: Covid-19
5.2.1. Services Challenges/Disruption
5.2.2. Market Trends and Inhalation Anesthesia Opportunities in the COVID-19 Landscape for Major Markets
5.3. Strategic Measures against Covid-19
5.3.1. Government Support and Initiative to Combat Covid-19
5.3.2. Proposal for Inhalation Anesthesia Market Players to deal with Covid-19 Pandemic Scenario
Chapter 6. Inhalation Anesthesia Market Dynamics Analysis and Trends
6.1. Market Dynamics
6.1.1. Market Drivers
6.1.1.1. Surge in the prevalence of disorders such as respiratory diseases, gastrointestinal disorders, and cancer across the globe.
6.1.1.2. Increasing number of surgical procedures worldwide.
6.1.1.3. Growing geriatric population and growing number of emergency cases and accidents.
6.1.2. Market Restraints
6.1.2.1. Side effects associated with the inhalation anesthetics is major factor hampering target market growth
6.1.3. Market Opportunities
6.1.3.1. Emerging markets and ongoing research & development in the healthcare sector technologies
Chapter 7. Global Inhalation Anesthesia Market: Competitive Landscape
7.1.1. Company Market Share/Positioning Analysis
7.1.1.1. Inhalation Anesthesia Market Revenue by Market Players (2017 – 2020)
7.1.1.2. Inhalation Anesthesia Market Revenue Market Share by Market Players (2017 – 2020)
7.1.2. Key Organic/Inorganic Strategies Adopted by Players
7.1.2.1. Product Portfolio Expansion, Geographic Expansion, Process Innovation
7.1.2.2. Merger and Acquisition, Collaboration and Partnerships
7.1.3. Market Players Landscape
7.1.3.1. List of Suppliers
7.1.3.2. List of End-users
Chapter 8. Global Inhalation Anesthesia Market, By Product Type
8.1. Inhalation Anesthesia Market, 2017-2030
8.2. Apparatus
8.2.1.1. Market Revenue Forecast (2017-2030)
8.3. Anesthetics
8.3.1.1. Market Revenue Forecast (2017-2030)
8.4. Accessories
8.4.1.1. Market Revenue Forecast (2017-2030)
Chapter 9. Global Inhalation Anesthesia Market, By Application
9.1. Inhalation Anesthesia Market, 2017-2030
9.2. Human Healthcare
9.2.1.1. Market Revenue Forecast (2017-2030)
9.3. Veterinary Healthcare
9.3.1.1. Market Revenue Forecast (2017-2030)
Chapter 10. Global Inhalation Anesthesia Market, By End User
10.1. Inhalation Anesthesia Market, 2017-2030
10.2. Hospitals
10.2.1.1. Market Revenue Forecast (2017-2030)
10.3. Clinics
10.3.1.1. Market Revenue Forecast (2017-2030)
10.4. Ambulatory Surgical Centers
10.4.1.1. Market Revenue Forecast (2017-2030)
10.5. Others
10.5.1.1. Market Revenue Forecast (2017-2030)
Chapter 11. Global Inhalation Anesthesia Market, Regional Estimates and Trend Forecast
11.1. North America
11.1.1. Market Revenue Forecast by Product Type(2017-2030)
11.1.2. Market Revenue Forecast by End-user(2017-2030)
11.1.3. Market Revenue Forecast by Organization Size(2017-2030)
11.1.4. U.S
11.1.4.1. Market Revenue Forecast (2017-2030)
11.1.5. Canada
11.1.5.1. Market Revenue Forecast (2017-2030)
11.2. Europe
11.2.1. Market Revenue Forecast by Product Type (2017-2030)
11.2.2. Market Revenue Forecast by End-user (2017-2030)
11.2.3. Market Revenue Forecast by Organization Size (2017-2030)
11.2.4. UK
11.2.4.1. Market Revenue Forecast (2017-2030)
11.2.5. Germany
11.2.5.1. Market Revenue Forecast (2017-2030)
11.2.6. France
11.2.6.1. Market Revenue Forecast (2017-2030)
11.2.7. Rest of EU
11.2.7.1. Market Revenue Forecast (2017-2030)
11.3. Asia Pacific (APAC)
11.3.1. Market Revenue Forecast by Product Type (2017-2030)
11.3.2. Market Revenue Forecast by End-user (2017-2030)
11.3.3. Market Revenue Forecast by Organization Size (2017-2030)
11.3.4. China
11.3.4.1. Market Revenue Forecast (2017-2030)
11.3.5. India
11.3.5.1. Market Revenue Forecast (2017-2030)
11.3.6. Japan
11.3.6.1. Market Revenue Forecast (2017-2030)
11.3.7. Rest of APAC
11.3.7.1. Market Revenue Forecast (2017-2030)
11.4. LATAM
11.4.1. Market Revenue Forecast by Product Type (2017-2030)
11.4.2. Market Revenue Forecast by End-user (2017-2030)
11.4.3. Market Revenue Forecast by Organization Size (2017-2030)
11.4.4. Brazil
11.4.4.1. Market Revenue Forecast (2017-2030)
11.4.5. Rest of LATAM
11.4.5.1. Market Revenue Forecast (2017-2030)
11.5. Middle East and Africa (MEA)
11.5.1. Market Revenue Forecast by Product Type (2017-2030)
11.5.2. Market Revenue Forecast by End-user (2017-2030)
11.5.3. Market Revenue Forecast by Organization Size (2017-2030)
11.5.4. GCC
11.5.4.1. Market Revenue Forecast (2017-2030)
11.5.5. North Africa
11.5.5.1. Market Revenue Forecast (2017-2030)
11.5.6. South Africa
11.5.6.1. Market Revenue Forecast (2017-2030)
11.5.7. Rest of MEA
11.5.7.1. Market Revenue Forecast (2017-2030)
Chapter 12. Company Profiles
12.1. AbbVie Inc.
12.1.1. Company Overview, Business Information, Regional Presence
12.1.2. Product Portfolio Analysis
12.1.2.1. Product Details, Specification, Product Type
12.1.3. Revenue, Price, and Gross Margin (2017-2020)
12.1.4. Recent Developments and Strategies
12.2. Baxter
12.2.1. Company Overview, Business Information, Regional Presence
12.2.2. Product Portfolio Analysis
12.2.2.1. Product Details, Specification, Product Type
12.2.3. Revenue, Price, and Gross Margin (2017-2020)
12.2.4. Recent Developments and Strategies
12.3. BOC
12.3.1. Company Overview, Business Information, Regional Presence
12.3.2. Product Portfolio Analysis
12.3.2.1. Product Details, Specification, Product Type
12.3.3. Revenue, Price, and Gross Margin (2017-2020)
12.3.4. Recent Developments and Strategies
12.4. Halocarbon
12.4.1. Company Overview, Business Information, Regional Presence
12.4.2. Product Portfolio Analysis
12.4.2.1. Product Details, Specification, Product Type
12.4.3. Revenue, Price, and Gross Margin (2017-2020)
12.4.4. Recent Developments and Strategies
12.5. Hengrui Medicine
12.5.1. Company Overview, Business Information, Regional Presence
12.5.2. Product Portfolio Analysis
12.5.2.1. Product Details, Specification, Product Type
12.5.3. Revenue, Price, and Gross Margin (2017-2020)
12.5.4. Recent Developments and Strategies
12.6. Kent Scientific Corporation
12.6.1. Company Overview, Business Information, Regional Presence
12.6.2. Product Portfolio Analysis
12.6.2.1. Product Details, Specification, Product Type
12.6.3. Revenue, Price, and Gross Margin (2017-2020)
12.6.4. Recent Developments and Strategies
12.7. Merck KGaA
12.7.1. Company Overview, Business Information, Regional Presence
12.7.2. Product Portfolio Analysis
12.7.2.1. Product Details, Specification, Product Type
12.7.3. Revenue, Price, and Gross Margin (2017-2020)
12.7.4. Recent Developments and Strategies
12.8. Midmark Corporation
12.8.1. Company Overview, Business Information, Regional Presence
12.8.2. Product Portfolio Analysis
12.8.2.1. Product Details, Specification, Product Type
12.8.3. Revenue, Price, and Gross Margin (2017-2020)
12.8.4. Recent Developments and Strategies
12.9. Piramal Critical Care
12.9.1. Company Overview, Business Information, Regional Presence
12.9.2. Product Portfolio Analysis
12.9.2.1. Product Details, Specification, Product Type
12.9.3. Revenue, Price, and Gross Margin (2017-2020)
12.9.4. Recent Developments and Strategies
12.10. Raman & Weil Pvt. Ltd.
12.10.1. Company Overview, Business Information, Regional Presence
12.10.2. Product Portfolio Analysis
12.10.2.1. Product Details, Specification, Product Type
12.10.3. Revenue, Price, and Gross Margin (2017-2020)
12.10.4. Recent Developments and Strategies
Chapter 13. Appendix
13.1. About Us
13.2. Glossary of Terms
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