Anesthesia Gas Evaporators Market Trends and Segments Forecast To 2028
The global anesthesia gas evaporators market size was valued at USD 290.8 million in the year 2021 and is expanded to grow at a CAGR of 3.8% during the forecast period 2022-2028.The global Anesthesia Gas Evaporator market was estimated to value at US$ 272.2 million in 2019 and is expected to reach US$ 333 million by the end of 2026, growing at a CAGR of 2.9% during the forecast period 2021-2027. The global Anesthetic Gas Evaporator market is primarily driven by factors such as the worldwide increase in the number of surgeries requiring anesthesia, increase in patient care standards and the rise in research programs in the Anesthetic Gas Evaporators sector. The launch of innovative products by market players is also likely to cause significant growth opportunities in the global Anesthesia Gas Evaporator gas market during the forecast period.
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An
Anesthesia Gas Evaporator is a medical device that delivers a fixed
concentration of a volatile anesthetic agent. This device is attached to an
anesthetic machine during surgeries and various medical procedures. Anesthesia
Gas Evaporator essentially convert liquid anesthetic agents into their
vapourised forms and adds controlled concentrations of these vapors into the
fresh gas flow.
Modern
Anesthesia Gas Evaporators are flow and temperature-controlled, concentration
calibrated, direct reading, dial controlled, and are unaffected by
positive-pressure ventilation. Safety features in these devices
include anti-spill and a select-a-tec mechanism and a specific vapouriser
filling device.
The
global Anesthetic Gas Evaporator market is segmented based on the product type,
application, and end-user type. Based on the type of Anesthesia Gas Evaporator
used, the market consists of Isoflurane, Sevoflurane, Halothane, Enflurane,
Desflurane types. Then, based on application, the Anesthesia Gas Evaporator
market is fragmented into the surgical, dental, and animal sectors. Based on
end-use type, the market is divided into hospitals, clinics, and ambulatory
surgical centers.
An
increase in patient safety standards is also another key factor responsible for
the boost in the Anesthesia Gas Evaporator market. An article released by NCBI
stated that anesthesia-related mortality has fallen from 6.4/10000 in the 1940s
to a current number of 0.4/100 000. This is largely due to the introduction of
safety standards and improved training. The key restraints in the Anesthesia
Gas Evaporator market are the high cost of the devices, high maintenance, and
lack of skilled healthcare advancements in undeveloped areas.
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Based
on geography, the global Anesthesia Gas Evaporator market is segmented into
North America, Europe, Asia Pacific, Latin America, and Africa. North America
is accounted to contribute the highest revenue in the global Anesthetic Gas
Evaporator market with a significant CAGR owing to its increased number in
geriatric population, well-established healthcare industry, and high per-capita
income. The Asia Pacific market is further segmented into China, Japan, South
Korea, India, Australia, South East Asia. the Asia-Pacific Anesthesia Gas
Market is projected to grow at a significant rate due to its high patient pool
and increase in healthcare infrastructure.
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