Anesthesia Monitoring Devices Market Worth $USD 1.9 Billion by 2024 - Spiraling Number of Surgeries Anticipated to Boost Market Growth - Research and Markets

Jul 04, 2016, 08:10 ET from Research and Markets

DUBLIN, July 4, 2016 /PRNewswire/ --

Research and Markets has announced the addition of the "Anesthesia Monitoring Devices Market Forecasts To 2024" report to their offering. 
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The anesthesia monitoring devices market is expected to reach USD 1.9 billion by 2024, according to this report. The growing geriatric population base and the spiraling number of surgeries are anticipated to boost the market growth. Geriatric patients are the target population for this industry as they are highly prone to various chronic disorders and are at a higher risk of developing complications. 

The rising awareness amongst the physicians about the various factors that affect patient outcomes, such as the choice of anesthetic drug, the appropriate route of administration, and the right dose of the anesthetic agent, as well as the monitoring of the depth of anesthesia is likely to accelerate the growth of the market during the forecast period. 

Technological advancements in terms of accuracy, portability, and affordability have resulted in the increased usage of these monitoring devices. For instance, the introduction of the new generation, microprocessor-based intelligent anesthesia systems with integrated monitors enables monitoring of various parameters along with the precisely-controlled administration of the anesthetic agent. 

North America dominated the overall market with a revenue share of over 35.0% in 2015 owing to the presence of well-developed health care settings and the presence of a favorable reimbursement network, government funding, and increasing health awareness levels amongst the people. 

Companies Profiled:  

  • Masimo Corporation
  • Fukuda Denshi Co. Ltd.
  • Medtronic plc
  • GE Healthcare
  • Infinium Medical, Inc.
  • Nihon Kohden Corporation
  • Philips Healthcare
  • Mindray medical International Ltd.
  • Drägerwerk AG & Co. KGaA
  • Schiller AG

Key Topics Covered: 

1. Methodology and Scope 

2. Executive Summary 

3. Anesthesia monitoring devices Industry Outlook 

4. Anesthesia Monitoring Devices Market - Product 

5. Anesthesia monitoring devices market by End-Use 

6. Anesthesia Monitoring Devices Market By Region 

7. Competitive Landscape 

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SOURCE Research and Markets