The global anesthesia monitoring device market size is witnessing substantial growth due to advancement in technology of anesthesia monitoring device and increasing number of surgeries. Growing awareness among physicians about various factors such as appropriate route of administration, right dose of anesthetic drug and choice of anesthetic drug, is further expected to boost the market.
Based on product type, advanced anesthesia monitor was globally the largest segment due to its accuracy, durability and reliability in monitoring anesthesia. It also helps in monitoring vital parameters such as oxygen saturation level, heart rate, blood pressure, and carbon dioxide levels. Hospitals have been the largest user of anesthesia monitoring devices due to availability of advanced healthcare infrastructure, and presence of skilled professionals in the hospital.
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Anesthesia is used to induce adequate depth of unconsciousness during a surgery or a procedure. It leads to cardiovascular depression and prolonged awakening time. There are various ways to measure or monitor the depth of anesthesia based on clinical monitoring. Anesthesia monitoring device is a part of anesthesia system used to access patient response towards anesthetic drug during the surgery. These are the multi parameter patient monitors or a standalone unit or part of a high-end anesthesia workstation. Its usage depends upon the type of cases performed in the operating room. Measurement of patient’s ventilation, circulation, temperature, ECG, EEG, and oxygenation are some of the parameters considered for anesthesia monitoring device. Anesthesia monitoring device is the essential medical device for the ambulatory centers, hospitals, clinics, and nursing homes.
The key players operating in the global market are Medtronic Plc, General Electric Company, Philips Healthcare, Masimo Corporation, Nihon Kohden Corporation, Dragerwerk AG & Co. KGaA, Schiller AG and Mindray Medical International Limited.