The Saudi Arabia anesthesia devices market size is projected to expand at a significant CAGR during the forecast period, 2021–2028. The growth of the market is attributed to the growing geriatric population and increasing prevalence of chronic as well as respiratory diseases such as obstructive sleep apnea & chronic obstructive pulmonary diseases.
Anesthesia devices are the tools and equipment used at the time of surgeries or surgical procedures for controlling breathing, blood flow, pain, heart rate & rhythm, and blood pressure. The anesthesia is used at the medical state of patients for losing awareness or sensations. There are different types of anesthesia used at the different situation of the patients.
To loss of memory amnesia is used, for muscle relaxation paralysis is used, and for relief from the pain analgesia is used for the patients. Anesthesia is very important as most of the patients undergoes surgery and requires anesthesia to control the pain at the time of surgery. The different anesthetic machines are slow meters, breathing circuits, vaporizers, cylinders, soda lime canister, and reducing valves.
Market Trends, Drivers, Restraints, and Opportunities
- Increasing demand for anesthesia devices is expected to propel the market expansion in the coming years.
- Rapid growth of the hospital industry is major factors spurring the market growth during the forecast period.
- High price of the anesthesia devices is estimated to hinder the market expansion in the coming years.
- Lack of skilled professionals acts as main challenges that can restrict the market growth during the forecast period.
- R&D investment and technological advancement in anesthesia devices is anticipated to offer lucrative opportunities for the market players.
Scope of Anesthesia Devices Market Report
The report on the Saudi Arabia anesthesia devices market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.
Attributes
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Details
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Report Title
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Anesthesia Devices Market - Saudi Arabia Industry Analysis, Growth, Share, Size, Trends, and Forecast
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Base Year
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2020
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Historic Data
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2018–2019
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Forecast Period
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2021–2028
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Segmentation
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Product Types (Anesthesia Delivery Machines, Anesthesia Monitors, Anesthesia Workstations, and Anesthesia Ventilators), Disposables & Accessories (Anesthesia Masks, Laryngeal Mask Airways, Anesthesia Circuits, Endotracheal Tubes, and Others), End-users (Hospitals, Diagnostics Centers, and Others)
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Country
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Saudi Arabia
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Report Coverage
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Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast
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Key Players Covered in the Report
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Becton, Dickinson, and Company; Ambu S.A.; Ventlab; SunMed; Airsep Corporation; Aircraft Medical; Karl Storz GmbH & Co. KG; GE Healthcare; Smiths Group Plc.; Teleflex Incorporated; Dragerwerk AG & Co. KGaA; 3M Company; Koninklijke Philips N.V.; Verathon Inc.; and Pentax
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Saudi Arabia Anesthesia Devices Market Segment Insights
Anesthesia monitors segment is projected to account for a large market share
Based on product types, the Saudi Arabia anesthesia devices market is divided into anesthesia delivery machines, anesthesia monitors, anesthesia workstations, and anesthesia ventilators. The anesthesia monitors segment is expected to constitute a key share of the market during the forecast period owing to increasing number of surgical procedures is growing demand for anesthesia monitors. However, the anesthesia workstations segment is anticipated to expand at a rapid pace during the forecast period due to rising prevalence of the diseases in increasing demand for workstations.
Anesthesia masks segment is projected to hold a key market share
On the basis of disposables & accessories, the market is segmented into anesthesia masks, laryngeal mask airways, anesthesia circuits, endotracheal tubes, and others. The anesthesia masks segment is expected to represent a key share of the market in the coming years due to the rising demand for anesthesia masks as it covers the mouth as well as nose for the patients.
On the other hand, the endotracheal tubes segment is anticipated to expand at a rapid pace during the forecast period owing to it keeps the airway open in order to provide oxygen, anesthesia, and medicines.
Hospitals segment is projected to constitute a major market share
In terms of end-users, the Saudi Arabia anesthesia devices market is segregated into hospitals, diagnostics centers, and others. The hospitals segment is expected to account for a key share of the market during the forecast period owing to increasing demand for diagnostic imaging equipment in the hospitals for treatment. However, the diagnostic centers segment is anticipated to expand at a rapid pace during the forecast period due to rising partnership with the hospitals.
Segments
The Saudi Arabia anesthesia devices market has been segmented on the basis of
Product Types
- Anesthesia Delivery Machines
- Anesthesia Monitors
- Anesthesia Workstations
- Anesthesia Ventilators
Disposables & Accessories
- Anesthesia Masks
- Laryngeal Mask Airways
- Anesthesia Circuits
- Endotracheal Tubes
- Others
End-users
- Hospitals
- Diagnostics Centers
- Others
Country
Key Players
- Becton, Dickinson, and Company
- Ambu S.A.
- Ventlab
- SunMed
- Airsep Corporation
- Aircraft Medical
- Karl Storz GmbH & Co. KG
- GE Healthcare
- Smith’s Group Plc.
- Teleflex Incorporated
- Dragerwerk AG & Co. KGaA
- 3M Company
- Koninklijke Philips N.V.
- Verathon Inc.
- Pentax
Competitive Landscape
Key players competing in the Saudi Arabia anesthesia devices market include Becton, Dickinson, and Company; Ambu S.A.; Ventlab; SunMed; Airsep Corporation; Aircraft Medical; Karl Storz GmbH & Co. KG; GE Healthcare; Smiths Group Plc.; Teleflex Incorporated; Dragerwerk AG & Co. KGaA; 3M Company; Koninklijke Philips N.V.; Verathon Inc.; and Pentax. Some of these players are engaged in several market strategies such as mergers, acquisitions, partnerships, collaborations, capacity expansion, and product launches to enhance their market shares.
