The global anesthesia equipment marketis projected to reach USD 11.0 billion by 2028 from USD 8.0 billion in 2023, at a CAGR of 6.7% during the forecast period. Growth in this market can primarily be attributed to the increasing technological advancements in anesthesia equipment and increasing number of surgeries.
The prominent players in the anesthesia equipment market include GE Healthcare (US), Dragerwerk Ag & Co. KGAA (Germany), Koninklijke Philips N.V. (Netherlands), Ambu AS (Denmark), Medline Industries Inc. (US). Players in the global anesthesia equipment market have employed various strategies to expand their global footprints and increase their market shares. The key strategies adopted by the major anesthesia equipment market players include product launches and approvals, acquisitions, partnerships, agreements, collaborations, and expansions.
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Koninklijke Philips NV
Koninklijke Philips N.V. (Philips) is a diversified technology-based company in the healthcare and consumer lifestyle markets. The company operates through four business segments: Diagnostic and Treatment, Personal Health, Connected Care, and Others. The Connected Care segment is further classified into Hospital Patient Monitoring, Sleep & Respiratory Care, Connected Care Informatics, and Emergency Care. The Sleep & Respiratory Care segment provides anesthesia products. The company offers services in over 120 countries.
Ambu develops, manufactures, and sells medical devices to hospitals, clinics, and rescue service providers all over the world. The company operates in three business segments, namely, Visualization, Anaesthesia, and Patient Monitoring & Diagnostics. The anaesthesia segment offers anesthesia instruments. The company’s major manufacturing plants are located in Europe, North America, and the Asia Pacific.
Dragerwerk Ag & Co. Kgaa
Dräger is an international leader in the fields of medical and safety technology. Drager offers anesthesia workstations, ventilators for intensive and emergency care, patient monitoring solutions as well as neonatal care equipment for premature babies and new-borns. The company provides their products through five units of medical division: Therapy (anesthesia devices and ventilators, as well as thermoregulation equipment), Hospital Consumables & Accessories (consumables and accessories), Workplace Infrastructure (supply units, lights, gas management systems), Monitoring (patient monitoring), and Data Business (software applications, system products, and new services).
Anesthesia Equipment Market by Type (Anesthesia Devices (Workstation, Ventilators, Monitors), Disposables (Circuits, Endotraceal Tubes)), Application (Orthopedics, Neurology, Urology), End User (Hospitals, Clinics, ASC) & Region - Global Forecast to 2028
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