Depth of Anesthesia Monitoring market to Receive Overwhelming Hike in Revenues

Posted by Pallavi on September 26th, 2022

New surgical procedures, increasing prevalence of day surgery and pressure to deliver "value for money" all influence the choice of drugs and techniques for anesthesia. Advanced monitoring of drug effect might help to optimize quality of drug delivery, possibly by reducing costs and improve patient outcomes.

According to our latest study on "Depth of Anesthesia Monitoring Market Forecast to 2028 – COVID-19 Impact and Global Analysis – by Purchasing Type, Product, and End User," the depth of anesthesia monitoring market is expected to grow from US$ 203.32 million in 2021 to US$ 280.83 million by 2028; it is estimated to grow at a CAGR of 4.7% from 2021 to 2028. The report highlights the key factors and trends impacting the depth of anesthesia monitoring market and focuses on prominent players and their strategies.

Rising number of surgical procedures and increasing employment rate of anesthesia professionals drive the depth of anesthesia monitoring market. The growing medical device industry and healthcare expenditure is expected to fuel market growth. However, the high cost associated with the depth of anesthesia monitoring devices hinders the market growth.

Based on end user, the depth of anesthesia monitoring market is segmented into hospitals, ambulatory surgery centers, clinics, and others. The hospitals segment held the largest share of the market in 2021. Moreover, the same segment is expected to register the highest CAGR during the forecast period. The adoption of the depth of anesthesia monitoring devices is higher among hospitals compared to smaller clinical settings due to their high installation and maintenance costs. The main use of these devices is to monitor and maintain patient safety during surgical procedures. In addition, hospitals also use these devices for other purposes such as diagnostics and research.

Medtronic, GE Healthcare, Masimo, Koninklijke Philips N.V., FUKUDA DENSHI, 3M, Danmeter APS, Spacelabs Healthcare, and Mennen Medical are among the key players operating in the depth of anesthesia monitoring market.

Get sample PDF Copy of Depth of Anesthesia Monitoring Industry at: https://www.theinsightpartners.com/sample/TIPRE00028552/

By geography, the market is segmented into North America (the US, Canada, and Mexico), Europe (the UK, Germany, France, Italy, Spain, and the Rest of Europe), Asia Pacific (China, Japan, India, Australia, South Korea, and the Rest of Asia Pacific), the Middle East & Africa (the UAE, Saudi Arabia, South Africa, and the Rest of the Middle East & Africa), and South & Central America (Brazil, Argentina, and the Rest of South & Central America). 

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