From GlobeNewswire: 2024-11-13 09:00:00

The global Anesthesia Monitoring Devices Market was valued at USD 2.03 Billion in 2023, projected to reach USD 5.26 Billion by 2032 with a CAGR of 11.21%. Technological advancements are enhancing these devices, improving patient outcomes and operational efficiency. The market is driven by AI integration, generating savings in health care costs, and improving patient care.

Hospitals lead the market with 74% revenue share in 2023, benefiting from advanced monitoring technologies for complex surgical procedures. ASCs are expected to grow the fastest with a CAGR of 14.31% from 2024–2032, driven by the expansion of outpatient procedures. Advanced anesthesia monitors accounted for 51% of revenue in 2023, offering real-time data and improving patient safety.

North America dominates the market, holding nearly 38% of total revenue in 2023. The region has better healthcare infrastructure, higher healthcare spending, and a strong emphasis on patient safety. This position is maintained by ongoing investments in advanced anesthesia monitoring devices. North America remains a key market for anesthesia monitoring devices during surgery, with a projected CAGR of 12.00% from 2024 to 2032. Factors driving growth include demand for minimally invasive procedures, aging population, and advancements in technology. Medtronic and GE Healthcare have introduced innovative monitoring devices to improve patient care.

The market for anesthesia monitoring devices in North America is expected to grow significantly, driven by factors like the aging population, advancements in technology, and increased demand for minimally invasive procedures. Medtronic and GE Healthcare have introduced new devices to enhance patient care and monitoring during surgeries.

Key developments in the anesthesia monitoring devices market include Medtronic’s BIS™ Advance monitor receiving FDA approval for accurate brain monitoring, and GE Healthcare’s collaboration with Hartford HealthCare to improve patient care with AI-driven technology. North America is at the forefront of adopting new medical technologies.

North America is anticipated to have a high CAGR of 12.00% in the anesthesia monitoring devices market from 2024 to 2032, driven by factors such as advancements in monitoring technology, aging population, and increased demand for outpatient treatments. Medtronic and GE Healthcare have introduced innovative devices to enhance patient care during surgeries.

In North America, the anesthesia monitoring devices market is expected to see significant growth due to factors like advancements in technology, rising chronic illnesses, and increased demand for minimally invasive surgeries. Medtronic’s BIS™ Advance monitor and GE Healthcare’s collaboration with Hartford HealthCare are key developments in enhancing patient care during surgeries.



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