The India anaesthesia devices market size is expected to expand at significant CAGR during the forecast period, 2021–28. Growth of the market is attributed to the development of advanced devices, rising healthcare expenditure, increasing government initiatives, and growing cases of injuries & accidents.
Anaesthesia machine is important equipment that the anaesthesiologist uses during surgeries. On the basis of skills & knowledge of the anaesthesiologist and elementary design of the machine with its safety features, the use of anaesthesia machine depends. Preparation of a gas mixture of precisely known, but variable composition is the primary function of an anaesthesia machine. For the purpose of inducing & maintaining anaesthesia, the anaesthesia device is used to generate fresh gas flow of medical gases.
The Covid-19 pandemic affected the demand and supply of India anaesthesia devices market. Lockdown across the globe, supply chain disorders, and oscillating supply of raw materials forced manufacturers to shut down production leading to unfortunate decline in market growth. Launch of vaccines to combat the Covid-19 pandemic is expected to contribute to the market growth over the forecast period.
The report on the India anaesthesia devices market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.
Attributes |
Details |
Report Title |
India Anaesthesia Devices Market–Industry Analysis, Growth, Share, Size, Trends, and Forecast |
Base Year |
2020 |
Historic Data |
2018-2019 |
Forecast Period |
2021-2028 |
Segmentation |
Types (Anaesthesia Delivery Machines, Anaesthesia Ventilators, Anaesthesia Machines, Anaesthesia Monitors, and Others), and Disposables & Accessories (Endotracheal Tubes, Anaesthesia Circuits & Breathing Circuits, Anaesthesia Masks, Laryngeal Mask Airways, and Others) |
Country |
India |
Report Coverage |
Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast |
Key Players covered in the Report |
Terumo Corp.; Nihon Kohden Corp.; GE Healthcare Ltd.; Baxter International Inc.; Medion Healthcare Pvt. Ltd.; B. Braun Medical; Becton, Dickinson & Company; and Ontex Medical Devices manufacturing Pvt. Ltd. |
Based on types, the India anaesthesia devices market is fragmented into anaesthesia delivery machines, anaesthesia ventilators, anaesthesia machines, anaesthesia monitors, and others. The anaesthesia delivery machines segment accounts for a key share of the market. Growth of the market is attributed to the increasing funding from government & private organization, rising number of research & development activities, and unhealthy lifestyle. The anaesthesia machines segment is anticipated to expand at a rapid pace during the forecast period due to rapid urbanization, rising prevalence of obesity, and rising number of accident cases.
On the basis of disposable & accessories, the India anaesthesia devices market is segregated into endotracheal tubes, anaesthesia circuits & breathing circuits, anaesthesia masks, laryngeal mask airways, and others. The anaesthesia circuits & breathing circuits segment accounts for a significant share of the market. Growth of the market is attributed to rising technological advancement. The endotracheal tubes segment is anticipated to expand at a rapid pace during the forecast period due to increasing geriatric population.
The India anaesthesia devices market is anticipated to expand at a high CAGR during the forecast period due to increasing demand for anaesthesia devices and rising awareness about health. Growth of the market is attributed to introduction of technological and novel advanced product and smart anaesthesia devices for diseases & surgeries management.
Rapid development in the health sector increased the demand for anaesthesia devices in the India. Increasing number of fatal diseases due to changing life style is the major factor fueling the market during the forecast period.
Segments Covered in the Report
The India anaesthesia devices market has been segmented on the basis of
Types
Disposables & Accessories
Country
Key Players
Key players competing in the India anesthesia devices market include Terumo Corp.; Nihon Kohden Corp.; GE Healthcare Ltd.; Baxter International Inc.; Medion Healthcare Pvt. Ltd.; B. Braun Medical; Becton, Dickinson & Company; and Ontex Medical Devices manufacturing Pvt. Ltd.
Some of these players are using several market strategies such as product launches, partnerships, merger, capacity expansion, collaborations, and acquisitions to enhance their market shares and to generate revenue and raise their production line of the business in the coming years.
Segments Covered in the Report
The India anaesthesia devices market has been segmented on the basis of
Types
Disposables & Accessories
Country
Key Players
Key players competing in the India anesthesia devices market include Terumo Corp.; Nihon Kohden Corp.; GE Healthcare Ltd.; Baxter International Inc.; Medion Healthcare Pvt. Ltd.; B. Braun Medical; Becton, Dickinson & Company; and Ontex Medical Devices manufacturing Pvt. Ltd.
Some of these players are using several market strategies such as product launches, partnerships, merger, capacity expansion, collaborations, and acquisitions to enhance their market shares and to generate revenue and raise their production line of the business in the coming years.
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