Anesthesia Gas Blenders Market Size
Study Period | 2019 - 2029 |
Base Year For Estimation | 2023 |
Forecast Data Period | 2024 - 2029 |
CAGR | 6.30 % |
Fastest Growing Market | Asia Pacific |
Largest Market | North America |
Major Players*Disclaimer: Major Players sorted in no particular order |
Anesthesia Gas Blenders Market Analysis
The anesthesia gas blenders market will show a rapid growth due to the increase in the number of outpatient surgeries, rising preference for inhaled anesthesia and increase in the number of well equiped multispeciality hospitals and surgical centers.
According to the OECD statistics, during 2017, it was estimated that around 4.8 million surgical admissions were recorded in the United Kingdom. In 2017, hernia operation, hip replacement, and knee replacement were the most common surgical procedures recorded, all of which involve the use of inhaled anaesthesia through devices.
As the surgeries are increasing the medical devices are extensively used in the surgical process. Therefore, in general, the need for anaesthesia gas blenders to administer the calculated and exact amount of anaesthesia to the person undergoing a certain surgical procedure has fueled the market growth of anaesthesia gas blenders market. Therefore an increase in the number of outpatient surgeries has helped in driving the demand for anaesthesia gas blender market.
Anesthesia Gas Blenders Market Trends
This section covers the major market trends shaping the Anesthesia Gas Blenders Market according to our research experts:
Hospitals is Expected to Dominate the Anesthesia Gas Blender Market During the Forecast Period
Hospitals are found contributing to the major share of the market due to the increasing prevalence of chronic conditions and an increase in the number of surgeries performed every year. Also, there is also an increase in the number of knees and hip replacements and heart, brain, lung, orthopaedic, and gastrointestinal surgeries. As inhalable anaesthetics have low blood solubility and can be eliminated through the lungs, there is a rising preference for inhalable anesthesia over intravenous anesthesia among medical practitioners. Also, there is a rising number of cossmetic procedures across the globe which is expected to boost the demand of the market over the forecast period.
Therefore along with the rising number of surgeries, the use of inhalable anesthesia and anesthesia devices such as anesthesia gas blenders will also increase.
North America is Found Leading the Anesthesia Gas Blenders Market
North America has been accounted for the largest anesthesia gas blenders market share throughout the forecast period. The major factors contributing to the increase in the market includes the rising focus on delivering accurate and safe anesthesia, the increasing public and private healthcare expenditure, and the growing prevalence of chronic diseases that will contribute to the growth of the anesthesia gas blender market in North America.
Europe is the second leading market after North America followed by Asia Pacific. Asia Pacific is expected to show high CAGR throughout the forecasted period due to the growing medical tourism, increasing number of surgeries and various technological advancements.
Anesthesia Gas Blenders Industry Overview
There has been a presence of a considerable number of companies that are significantly contributing to the market growth. Product innovation and ongoing R&D activities to develop advanced technologies has helped in boosting the growth of the market. Various strategies and collaborations are being adopted by these key players to maintain their market share.
Anesthesia Gas Blenders Market Leaders
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Medin Medical Innovations GmbH
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Flow-Meter S.p.A.
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Dameca A/S
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EKU Electronics
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Armstrong Medical Inc.
*Disclaimer: Major Players sorted in no particular order
Anesthesia Gas Blenders Market Report - Table of Contents
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1. INTRODUCTION
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1.1 Study Deliverables
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1.2 Study Assumptions
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1.3 Scope of the Study
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2. RESEARCH METHODOLOGY
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3. EXECUTIVE SUMMARY
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4. MARKET DYNAMICS
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4.1 Market Overview
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4.2 Market Drivers
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4.2.1 Increase in the Number of Outpatient Surgeries
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4.2.2 Rising Preference for Inhaled Anesthesia
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4.2.3 Increase in the Number of Well Equipped Multi-speciality Hospitals and Surgical Centers
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4.3 Market Restraints
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4.3.1 Adoption of Electronic Blenders over Manual
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4.4 Porter's Five Force Analysis
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4.4.1 Threat of New Entrants
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4.4.2 Bargaining Power of Buyers/Consumers
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4.4.3 Bargaining Power of Suppliers
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4.4.4 Threat of Substitute Products
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4.4.5 Intensity of Competitive Rivalry
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5. MARKET SEGMENTATION
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5.1 By Technology
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5.1.1 Tube Flow Meter
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5.1.2 Dual Tube Flow Meter
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5.2 By System Type
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5.2.1 Electronic
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5.2.2 Manual
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5.3 By End User
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5.3.1 Hospitals
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5.3.2 Ambulatory Surgical Centers
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5.3.3 Others
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5.4 Geography
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5.4.1 North America
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5.4.1.1 United States
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5.4.1.2 Canada
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5.4.1.3 Mexico
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5.4.2 Europe
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5.4.2.1 Germany
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5.4.2.2 United Kingdom
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5.4.2.3 France
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5.4.2.4 Italy
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5.4.2.5 Spain
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5.4.2.6 Rest of Europe
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5.4.3 Asia-Pacific
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5.4.3.1 China
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5.4.3.2 Japan
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5.4.3.3 India
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5.4.3.4 Australia
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5.4.3.5 South Korea
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5.4.3.6 Rest of Asia-Pacific
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5.4.4 Middle-East and Africa
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5.4.4.1 GCC
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5.4.4.2 South Africa
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5.4.4.3 Rest of Middle-East and Africa
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5.4.5 South America
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5.4.5.1 Brazil
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5.4.5.2 Argentina
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5.4.5.3 Rest of South America
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6. COMPETITIVE LANDSCAPE
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6.1 Company Profiles
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6.1.1 Medin Medical Innovations GmbH
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6.1.2 Dameca
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6.1.3 EKU Electronics
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6.1.4 Flow-Meter S.p.A.
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6.1.5 Armstrong Medical Inc.
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6.1.6 Becton, Dickinson and Company
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6.1.7 Smiths Medical, Inc.
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6.1.8 Biomed Devices
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6.1.9 OES Medical
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- *List Not Exhaustive
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7. MARKET OPPORTUNITIES AND FUTURE TRENDS
Anesthesia Gas Blenders Industry Segmentation
As per the scope of the report, anesthesia gas blender is found to be a main component of anesthesia delivery machine. It is a medical device which mixes two or more gases and provides constant and controlled anesthesia during surgery. It contains gases for example, air/oxygen and are blended with nitrous oxide and other anesthesia gases in a specific amount to the patient experiencing in delayed surgery.
By Technology | |
Tube Flow Meter | |
Dual Tube Flow Meter |
By System Type | |
Electronic | |
Manual |
By End User | |
Hospitals | |
Ambulatory Surgical Centers | |
Others |
Geography | ||||||||
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Anesthesia Gas Blenders Market Research FAQs
What is the current Anesthesia Gas Blenders Market size?
The Anesthesia Gas Blenders Market is projected to register a CAGR of 6.30% during the forecast period (2024-2029)
Who are the key players in Anesthesia Gas Blenders Market?
Medin Medical Innovations GmbH, Flow-Meter S.p.A., Dameca A/S, EKU Electronics and Armstrong Medical Inc. are the major companies operating in the Anesthesia Gas Blenders Market.
Which is the fastest growing region in Anesthesia Gas Blenders Market?
Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029).
Which region has the biggest share in Anesthesia Gas Blenders Market?
In 2024, the North America accounts for the largest market share in Anesthesia Gas Blenders Market.
What years does this Anesthesia Gas Blenders Market cover?
The report covers the Anesthesia Gas Blenders Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Anesthesia Gas Blenders Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
Anesthesia Gas Blenders Industry Report
Statistics for the 2024 Anesthesia Gas Blenders market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Anesthesia Gas Blenders analysis includes a market forecast outlook to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.