Inhalation Anesthesia Market in United States, United Kingdom– Market Outlook, Unmet Needs, Market Assessment & Forecast (2023-2030)
Publication ⇒Feb-24 Delivery Time ⇒ 5-7 Business Days Report Code ⇒PBCHC330-10M-OT
Inhalation Anesthesia Market – Report Overview
Pacific Business Consulting’s “Inhalation Anesthesia Market in 10MM – Market Outlook, Unmet Needs, Market Assessment & Forecast (2023-2030)” report offers a comprehensive understanding of Inhalation Anesthesia market, encompassing historical and projected market size data, along with market trends, market drivers, market barriers and unmet medical needs in the Ten Major Markets (10MM) of the United States, Germany, Spain, Italy, France, the United Kingdom, Japan, China, Australia, and India.
In 2022, the Inhalation Anesthesia market exceeded a valuation of over US$ 1.4 Billion, and it is poised for substantial growth, with a projected Compound Annual Growth Rate (CAGR) exceeding 8.0% from 2023 to 2030. The market is expected to potentially surpass US$ 3.0 Billion by 2030.
The use of inhaled anesthetics in medical procedures offers several advantages, contributing to their increasing demand in the healthcare industry. Some key points related to the growth of inhaled anesthetics are:
Cost Savings:
- Inhaled anesthetics help reduce overall healthcare expenditure for patients.
- By allowing precise dosage adjustments, inhaled anesthesia can help avoid additional hospital stays, leading to cost savings.
- This cost-effectiveness is particularly beneficial for patients who have undergone surgery and are critically ill.
ICU Admissions and Duration of Hospital Stays:
- Patients admitted to Intensive Care Units (ICUs) often experience increased healthcare expenditure due to extended hospital stays.
- Inhaled anesthesia allows surgeons to design dosages, potentially minimizing the duration of hospital stays.
- This advantage is not as feasible with intravenous forms of anesthesia.
Global Surgery Statistics:
- According to NCBI data, approximately 310 million major surgeries are performed globally each year.
- The U.S. and Europe contribute significantly to this number, with 40-50 million surgeries in the U.S. and 20 million in Europe.
Post-COVID-19 Surge in Elective Surgeries:
- Post-COVID-19, there has been an increase in the number of elective surgeries, further driving the demand for inhaled anesthetics.
- During the pandemic, there was a reduction in the number of surgeries, but the subsequent recovery has led to a surge in elective procedures.
Critical Role in Life-Saving Surgical Procedures:
- Inhaled anesthetics play a critical role in life-saving surgical procedures such as brain surgery, open-heart surgery, and organ transplantation.
- The demand for inhaled anesthetic drugs is high in procedures where general anesthesia is required.
Advantages of Inhalation Route:
- The inhalation route of administration is considered superior to intravenous routes in terms of controllable and effective sedation.
- Inhalation anesthesia is particularly beneficial for patients on ventilation for more than 24 hours, allowing easier monitoring of the patient’s health.
Market Growth Factors:
- Growing numbers of surgical procedures contribute to the overall growth of the inhaled anesthetics market.
- The demand for shorter hospital stays and the benefits associated with inhaled anesthesia are driving market revenue.
In summary, the increasing prevalence of surgical procedures, along with the cost-effective and patient-beneficial nature of inhaled anesthetics, is fueling the growth of this segment in the healthcare industry.
Leading players in the Inhalation Anesthesia segment, including Lunan Pharmaceutical Group, Piramal Enterprises Ltd., Sandoz International GmbH, Fresenius Kabi AG, Halocarbon Products Corporation, Baxter, AbbVie, are expected to play a crucial role in shaping the future landscape of Inhalation Anesthesia technologies through ongoing innovation.
Scope of Report
The report addresses critical subjects such as strategic competitor evaluation, market characterization, unmet needs, and the consequences of these elements for the Inhalation Anesthesia market. It also delves into the analysis of present and prospective market competition within the global Inhalation Anesthesia market.
Furthermore, the report offers an insightful examination of the primary industry drivers, constraints, and challenges. Each trend undergoes independent research to furnish qualitative analysis regarding its implications.
Reasons to Buy
- Develop your business strategies by gaining insights into the trends that shape and drive the Inhalation Anesthesia market across the 10MM (Ten Major Markets).
- Increase revenue by comprehending key trends, innovative products and technologies, market segments, and companies poised to influence the future of the 10MM Inhalation Anesthesia market.
- Craft effective sales and marketing strategies by thoroughly understanding the competitive landscape and analyzing the performance of various competitors.
- Identify emerging players with potentially robust product portfolios and devise strategic counter-strategies to gain a competitive advantage.
- Executive Summary: Inhalation Anesthesia
- Global Market Outlook: Inhalation Anesthesia
- Competitive Intelligence Analysis: Inhalation Anesthesia
- Therapeutic Sector SWOT
- Technology Roadmap Analysis: Inhalation Anesthesia
- Market Background
- Drivers
- Restraints
- Opportunity
- Key Market Trends
- Key Unmet Needs
- Key Marketed Products Profile – Major Approved Products: Inhalation Anesthesia
- Product Profile
- Safety and Efficacy
- Regulatory Landscape
- Inhalation Anesthesia: Ten Major Market (10MM) – Market Analysis, By Drug
- Sevoflurane
- Isoflurane
- Desflurane
- Others
- Inhalation Anesthesia: Ten Major Market (10MM) – Market Analysis, By Application
- Induction
- Maintenance
- Inhalation Anesthesia: Ten Major Market (10MM) – Market Analysis, By End User
- Hospitals & Specialty Clinics
- Ambulatory Surgical Centers
- Other End Users
- Inhalation Anesthesia: Ten Major Market (10MM) – Market Analysis
- Historical Market Analysis (US$ million), 2020-2022
- By Drug
- By Application
- By End User
- Current and Future Market Projections (US$ million), 2023-2030
- By Drug
- By Application
- By End User
- Historical Market Analysis (US$ million), 2020-2022
- S. Inhalation Anesthesia – Market Analysis
- Historical Market Analysis (US$ million), 2020-2022
- By Drug
- By Application
- By End User
- Current and Future Market Projections (US$ million), 2023-2030
- By Drug
- By Application
- By End User
- Historical Market Analysis (US$ million), 2020-2022
- K. Inhalation Anesthesia – Market Analysis
- Historical Market Analysis (US$ million), 2020-2022
- By Drug
- By Application
- By End User
- Current and Future Market Projections (US$ million), 2023-2030
- By Drug
- By Application
- By End User
- Historical Market Analysis (US$ million), 2020-2022
- Germany Inhalation Anesthesia – Market Analysis
- Historical Market Analysis (US$ million), 2020-2022
- By Drug
- By Application
- By End User
- Current and Future Market Projections (US$ million), 2023-2030
- By Drug
- By Application
- By End User
- Historical Market Analysis (US$ million), 2020-2022
- France Inhalation Anesthesia – Market Analysis
- Historical Market Analysis (US$ million), 2020-2022
- By Drug
- By Application
- By End User
- Current and Future Market Projections (US$ million), 2023-2030
- By Drug
- By Application
- By End User
- Historical Market Analysis (US$ million), 2020-2022
- Italy Inhalation Anesthesia – Market Analysis
- Historical Market Analysis (US$ million), 2020-2022
- By Drug
- By Application
- By End User
- Current and Future Market Projections (US$ million), 2023-2030
- By Drug
- By Application
- By End User
- Historical Market Analysis (US$ million), 2020-2022
- Spain Inhalation Anesthesia – Market Analysis
- Historical Market Analysis (US$ million), 2020-2022
- By Drug
- By Application
- By End User
- Current and Future Market Projections (US$ million), 2023-2030
- By Drug
- By Application
- By End User
- Historical Market Analysis (US$ million), 2020-2022
- Japan Inhalation Anesthesia – Market Analysis
- Historical Market Analysis (US$ million), 2020-2022
- By Drug
- By Application
- By End User
- Current and Future Market Projections (US$ million), 2023-2030
- By Drug
- By Application
- By End User
- Historical Market Analysis (US$ million), 2020-2022
- China Inhalation Anesthesia – Market Analysis
- Historical Market Analysis (US$ million), 2020-2022
- By Drug
- By Application
- By End User
- Current and Future Market Projections (US$ million), 2023-2030
- By Drug
- By Application
- By End User
- Historical Market Analysis (US$ million), 2020-2022
- Australia Inhalation Anesthesia – Market Analysis
- Historical Market Analysis (US$ million), 2020-2022
- By Drug
- By Application
- By End User
- Current and Future Market Projections (US$ million), 2023-2030
- By Drug
- By Application
- By End User
- Historical Market Analysis (US$ million), 2020-2022
- India Inhalation Anesthesia – Market Analysis
- Historical Market Analysis (US$ million), 2020-2022
- By Drug
- By Application
- By End User
- Current and Future Market Projections (US$ million), 2023-2030
- By Drug
- By Application
- By End User
- Historical Market Analysis (US$ million), 2020-2022
- Competitive Landscape
- Company Overview
- Product Portfolio
- Key Financials
- Sales Footprint
Note – All Major Company Profiles (Count up to 20) will be covered in the report
- Assumptions and Acronyms Used
- Research Methodology
- Secondary Research
- Primary Research
- Data Triangulation
- Geographic Scope
- The U.S., The U.K., Germany, France, Italy, Spain, Japan, China, Australia, and India
- Copyrights and Disclaimer
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