According to the latest report from the IMARC group “Inhalation Anesthesia Market: Global Industry Trends, Share, Size, Growth, Opportunity, and Forecast 2021-2026“, The global inhalation anesthesia market experienced moderate growth during the period 2015-2020. Looking ahead, IMARC Group expects the market to grow at a CAGR of around 5% during 2021-2026.
Inhalation anesthesia refers to the drug that is induced to maintain general anesthesia and the level of sedation in the body during surgery. It does not accumulate in the body and makes it possible to avoid an excessive dosage while promoting the normal functioning of the patient. Low pungent, non-irritating odor inhalation anesthetic agents are widely used in hospitals and other ambulatory care centers for patients with asthma or with sensitive airways.
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The global inhalation anesthesia market is primarily driven by the aging of the population, which is more susceptible to cardiovascular, neurological, respiratory and degenerative disorders. In addition to this, the growing number of surgeries has also led to an increase in demand for inhaled anesthesia, which presents a lower risk of delirium and is more cost effective than intravenous anesthesia (IVA). In addition, the development of anesthesia recycling systems to extract anesthetic compounds from the air vents of hospitals and operating rooms is also contributing to the growth of the market. Some of the other factors, such as the introduction of variants with improved compatibility and minimal side effects, improvements in the healthcare industry, and extensive research and development (R&D) activities ensure positive market growth.
Breakdown by product:
Breakdown by application:
Breakdown by end user:
- Outpatient surgical centers
Market breakdown by region:
- North America (United States, Canada)
- Asia-Pacific (China, Japan, India, South Korea, Australia, Indonesia, others)
- Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
- Latin America (Brazil, Mexico, others)
- Middle East and Africa
Competitive landscape with Key Player:
- Abbvie Inc.
- Baxter International Inc.
- Fresenius SE & Co. KGaA
- Halocarbon Products Company
- Hikma Pharmaceuticals PLC
- Lunan Pharmaceutical Group Co. Ltd
- Merck KGaA
- Piramal Enterprises Ltd.
- Troikaa Pharmaceuticals Ltd.
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As the novel coronavirus (COVID-19) crisis takes over the world, we are constantly monitoring changes in the markets, as well as the industrial behaviors of consumers around the world and our estimates on the latest market trends and forecasts are made afterwards. examining the impact of this pandemic.
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