United Kingdom Anesthesia Devices Market Size (2024 - 2029)

UK Anesthesia Devices Market Analysis

The United Kingdom Anesthesia Devices Market size is estimated at USD 0.86 billion in 2024, and is expected to reach USD 1.20 billion by 2029, growing at a CAGR of 6.90% during the forecast period (2024-2029).

The COVID-19 outbreak impacted the healthcare sector, as hospital and healthcare services were significantly reduced due to social distancing measures taken by the government in the country. Moreover, the COVID-19 pandemic affected the country's economy and adversely impacted the functioning of general hospital care for non-COVID-19 patients in hospitals. An article titled "The impact of COVID-19 on anesthesia and critical care services in the UK: a serial service evaluation", published in the Journal of Anaesthesia in September 2021, indicated that in January 2021, one-third of the anesthesia staff were unavailable, 42% of operating theaters were closed, and national surgical activity was reduced to less than half, including reduced cancer and emergency surgery. The outbreak of COVID-19 impacted the market, as hospitals and healthcare services were significantly reduced due to the social distancing measures enforced in the country. In addition, intensivists and anesthesiologists were teaming up to treat COVID-19 patients. As per an article published in June 2021, titled "Surgical activity in England and Wales during the COVID-19 pandemic: a nationwide observational cohort study", presented in the British Journal of Anaesthesia, the total number of surgical procedures carried out in England and Wales in 2020 was 3,102,674. Thus, such instances highlight that COVID-19 had a significant impact on the market's growth. However, the market is gaining traction owing to the resumption of elective surgeries and is likely to regain its pre-pandemic growth rate in the near future.

The growth in the geriatric population is likely to result in a significant increase in the demand for surgeries in the United Kingdom as this population is more vulnerable to severe diseases and, ultimately, surgeries and treatments. The overall increase in the number of surgeries performed has a strong impact on the anesthesia devices market in the United Kingdom, as anesthetic devices are used in surgical procedures to reduce pain.

The Health Foundation Report, updated in December 2021, showed that, in the next 25 years, the number of people aged over 85 would double to 2.6 million in the United Kingdom. Additionally, as per the Overview of the UK population: January 2021 data updated by the government of the United Kingdom, it is estimated that there will be an additional 7.5 million people aged 65 years and over in the United Kingdom in the next 50 years. Several age-related illnesses have been linked to the aging population, resulting in increased demand for surgeries coupled with generating demand for anesthesia devices in the operating room (OR) and intensive care unit (ICU), in turn driving the country's market.

Furthermore, the UK Factsheet January 2022, published by the British Heart Foundation, stated that around 7.6 million people were living with heart and circulatory diseases, and nearly 4 million males and 3.6 million females were living with heart and circulatory diseases. This highly prevalent heart and circulatory disease patients generate demand for surgical procedures to avoid fatalities among the population, further boosting the demand for anesthesia devices used during surgical procedures.

However, difficulties associated with the usage of anesthesia devices and issues regarding product recalls may restrain the market's growth over the forecast period.

UK Anesthesia Devices Industry Segmentation

As per the scope of the report, anesthesia devices are used to check a patient's response to anesthesia during a surgical process. The requirement for these devices depends upon the type of surgery being performed, and it differs in every case. These devices help the anesthetist monitor the dose of anesthesia. The United Kingdom Anesthesia Devices Market is Segmented by Product Type (Anesthesia Machines (Anesthesia Workstations, Anesthesia Delivery Machines, Anesthesia Ventilators, and Anesthesia Monitors) and Anesthesia Disposables and Accessories (Anesthesia Circuits (Breathing Circuits), Anesthesia Masks, Endotracheal Tubes (ETTs), and Laryngeal Mask Airways (LMAs)). The report offers the value (in USD million) for the above segments.