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Germany Anesthesia Devices Market - Growth, Trends, and Forecast (2020 - 2025)
The market is segmented By Product Type (Anesthesia Machines, Disposables, and Accessories)
- ABOUT THIS REPORT
- Market Snapshot
- Market Overview
- Scope of the report
- Key Market Trends
- Competitive Landscape
- Major Players
- TABLE OF CONTENTS
Market Snapshot
Study Period:
2017-2025
Base Year:
2019
CAGR:
6.5 %
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Market Overview
The population in Germany is ageing rapidly, owing to the reducing birth rates and increasing life expectancy, and it may result in high prevalence of chronic diseases. According to Eurostat, In 2018, nearly 21% of the German population was aged 65 and more. As the population continues to age, the prevalence rates for chronic diseases requiring continuous monitoring are also expected to rise. Anesthesia devices are used in surgical procedures to reduce the pain. The elderly population tends to have more critical diseases, thus, facing increased risk of perioperative morbidity. The geriatric population is highly prone to degenerative diseases and chronic illnesses, which have created a demand for surgeries, which in-turn propel the growth of anesthetic devices market.
Scope of the report
As per the scope of the report, anesthesia devices are used to check a patient's response toward anesthesia during a surgical process. The requirement of these devices depends upon the type of surgery being performed, and it differs in every case. These devices help the anesthetist to monitor the dose of anesthesia.
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Key Market Trends
Anesthesia Monitors Segment is Expected to Show Better Growth in the Forecast Years
Anesthesia monitors are used to record and display the delivery of anesthetic substances, like gases, drugs, and fluids to the patient. During surgeries, these are used to check the patients’ health and reaction to the indication of anesthesia. The integration of various functionalities, such as oxygen saturation level, carbon dioxide level, heart rate, and blood pressure, coupled with decision support systems and data analysis to aid clinicians to get better insights on their patients, is favoring the market growth. Furthermore, the use of anesthesia devices in pediatric procedures is also on the rise which is currently accelerating the demand for the same.
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Competitive Landscape
The major players into the Germany anesthesia devices market are Ambu A/S, B. Braun Melsungen AG, Draegerwerk AG, Fisher & Paykel Healthcare Limited, GE Healthcare, Koninklijke Philips NV, Medtronic PLC, Mindray Medical International Limited, Smiths Group plc and Teleflex Incorporated.
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Table Of Contents
1. INTRODUCTION
1.1 Study Deliverables
1.2 Study Assumptions
1.3 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET DYNAMICS
4.1 Market Overview
4.2 Market Drivers
4.2.1 Rising Number of Surgical Procedures Requiring Anesthesia
4.2.2 Increasing Geriatric Population Prone to Chronic Diseases
4.2.3 Technological Advancements in Anesthesia Technology
4.3 Market Restraints
4.3.1 High Cost of Equipment
4.3.2 Reimbursement Issues
4.4 Porter's Five Forces Analysis
4.4.1 Threat of New Entrants
4.4.2 Bargaining Power of Buyers/Consumers
4.4.3 Bargaining Power of Suppliers
4.4.4 Threat of Substitute Products
4.4.5 Intensity of Competitive Rivalry
5. MARKET SEGMENTATION
5.1 By Product Type
5.1.1 Anesthesia Machines
5.1.1.1 Anesthesia Workstation
5.1.1.2 Anesthesia Delivery Machines
5.1.1.3 Anesthesia Ventilators
5.1.1.4 Anesthesia Monitors
5.1.2 Disposables and Accessories
5.1.2.1 Anesthesia Circuits (Breathing Circuits)
5.1.2.2 Anesthesia Masks
5.1.2.3 Endotracheal Tubes (ETTs)
5.1.2.4 Laryngeal Mask Airways (LMAs)
6. COMPETITIVE LANDSCAPE
6.1 Company Profiles
6.1.1 Ambu A/S
6.1.2 B. Braun Melsungen AG
6.1.3 Draegerwerk AG
6.1.4 Fisher & Paykel Healthcare Limited
6.1.5 GE Healthcare
6.1.6 Koninklijke Philips NV
6.1.7 Medtronic PLC
6.1.8 Mindray Medical International Limited
6.1.9 Smiths Group plc
6.1.10 Teleflex Incorporated
7. MARKET OPPORTUNITIES AND FUTURE TRENDS
*List Not Exhaustive
**Competitive Landscape covers- Business Overview, Financials, Products and Strategies, and Recent Developments
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