The global Depth of Anesthesia Monitoring Devices market garnered revenue around USD 255 million in 2019 and projected to reach USD 395 million in 2027, with at a compound annual growth rate (CAGR) 5.1% throughout the estimate period from 2020 to 2027. Depth of anesthesia can be defined as the degree to which the central nervous system (CNS) is depressed by the administration of general anesthetic agent based on the potency of the anesthetic agent and its concentration. The depth of anesthesia refers to a continuum of progressive depression of CNS and reduced responsiveness to stimulation. Different types of technologies are used to monitor depth of anesthesia, including bispectral index, entropy, and patient state index (PSI). The global depth of anesthesia monitoring devices market is driven by rise in the number of surgical procedures and increase in the global geriatric population with major chronic diseases.
North America dominated the global depth of anesthesia monitoring devices market in 2019. The trend is anticipated to continue during the forecast period. Highly structured healthcare industry, early new product adoption, high prevalence rate of major chronic diseases, and presence of major players are expected to propel the depth of anesthesia monitoring devices market in North America. Asia Pacific is likely to be a highly lucrative market for depth of anesthesia monitoring devices during the forecast period.
This research report encompasses precise assessment of the market with the help of comprehensive qualitative insights and supportable prognoses regarding market size, consumption and production. The projections presented in the report have been derived using proven research methodologies and assumptions. It does so by means of comprehensive qualitative insights, historical statistics, and verifiable predictions about market revenue and sales.
The rapidly budding threat owed to the eruption of COVID-19 is impacting lives, communities, businesses, and industries across the globe. With businesses shuttered, flights grounded,COVID-19 is about to affect the global economy in different ways such as by directly upsetting production and demand, by generating supply chain disruption, and by its financial impact on firms and financial markets. Therefore, this report covers COVID-19 outbreak impact analysis on the Depth of Anesthesia Monitoring Devices market under the research study. The market estimates offered in the report are the outcome of in-depth extensive secondary research, primary interviews and in-house professional assessments. These market evaluations have been measured by reviewing the impact of numerous social, political and economic factors coupled with recent market dynamics affecting the Depth of Anesthesia Monitoring Devices market growth.
The global Depth of Anesthesia Monitoring Devices market is characterized by the presence of numerous small as well as medium scale companies. These players are largely focused towards forward integration via raw material production, product manufacturing, and distribution across various industry verticals. The report recognizes numerous crucial manufacturers of the market. This research study aids to comprehend the strategies and associations that companies are converging to survive in this competitive marketplace. This report assists in understanding footprints of the manufacturers with the help of their global revenue, production, capacity and average selling price analysis for period 2016-2027.
Major manufacturers analysed under this study comprises:
Key players operating in the global market include Medtronic plc, GE Healthcare (General Electric Company), Nihon Kohden Corporation, Koninklijke Philips N.V., Spacelabs Healthcare (OSI Systems, Inc.), Masimo and Shenzhen Mindray Bio-Medical Electronics Co., Ltd.
This report delivers market breakdown and its revenue, consumption, production analysis and projections by categorizing it depending on parameters such as type, application/end-user, and region. This research report delivers the analysis and prognosis of revenue, production, price, market share and growth trend for different products such as:
Global Depth of Anesthesia Monitoring Devices Market: Segmentation
Regional Analysis and Forecast
Further, this research study analyses market size, production, consumption and its advancement trends at global, regional, and country level for period 2016 to 2027 and covers following region in its scope: