The Latin America, Middle East and Africa Anesthesia Equipment Market should witness market growth of 11.0% CAGR during the forecast period (2023-2030).
In the market for anesthesia equipment, the adoption of computer-controlled anesthesia machines is a new development. Computer-controlled anesthetic machines aid in minimizing the patient's discomfort throughout surgical procedures and offer features such as alerts to alert in the event of an emergency or backup needed to switch the defective pipeline or cylinder. The ability to undertake a wider variety of surgeries has been enabled by improvements in surgical methods. The use of surgical therapies has been facilitated by minimally invasive procedures, robotic-assisted operations, and other cutting-edge methods.
Chronic diseases, including hypertension, diabetes, and respiratory conditions, are rising due to changing lifestyles, especially sedentary behaviors, poor diets, and elevated stress levels. To monitor and treat these problems, surgical treatments are frequently required. The need would eventually increase due to all of this. Anesthesia devices were used more frequently due to the sharp increase in sports-related SCI and accidental fracture cases requiring surgical treatments.
Saudi Arabia largely finances healthcare spending in the Gulf Cooperation Council (GCC), and the Saudi government continues to place a high premium on the industry. Healthcare & social development will account for $36.8 billion in 2022, or 14.4% of its total budget. 9.1% of Brazil's GDP is allocated to healthcare. 63% of the 6,642 hospitals in Brazil are private. 532,645 hospital beds, 88,000 healthcare support services, 502,000 doctors, 331,000 dentists, and 89,000 pharmacies are all present as of 2021. Since anesthetic equipment is among the essential requirements for many medical operations, the region's thriving medical industry is projected to offer growth chances for market.
The Brazil market dominated the LAMEA Anesthesia Equipment Market by Country in 2022 and would continue to be a dominant market till 2030; thereby, achieving a market value of $610.2 million by 2030. The Argentina market is showcasing a CAGR of 11.6% during (2023-2030). Additionally, The UAE market would register a CAGR of 10.7% during (2023-2030).
Based on Type, the market is segmented into Anesthesia Devices (Anesthesia Workstation, Anesthesia Delivery Machines, Anesthesia Ventilators, Anesthesia Monitors and Others) and Anesthesia Disposables (Anesthesia Circuits (Breathing Circuits), Anesthesia Masks, Endotracheal Tubes (ETTS), Laryngeal Mask Airways (LMAS) and Others). Based on Vertical, the market is segmented into Orthopedics, Neurology, Cardiology, Respiratory Care, Urology, General Surgery, Dental, Ophthalmology and Others. Based on End-user, the market is segmented into Hospitals, Clinics, Ambulatory Surgical Centers and Others. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Medtronic PLC, GE HealthCare Technologies, Inc., Koninklijke Philips N.V., Dragerwerk AG & Co. KGaA, Getinge AB, Ambu A/S, SunMed, LLC, Medline Industries, Inc., Penlon Ltd. (BPL Medical Technologies) and Heyer Medical AG (AEONMED Group).
In the market for anesthesia equipment, the adoption of computer-controlled anesthesia machines is a new development. Computer-controlled anesthetic machines aid in minimizing the patient's discomfort throughout surgical procedures and offer features such as alerts to alert in the event of an emergency or backup needed to switch the defective pipeline or cylinder. The ability to undertake a wider variety of surgeries has been enabled by improvements in surgical methods. The use of surgical therapies has been facilitated by minimally invasive procedures, robotic-assisted operations, and other cutting-edge methods.
Chronic diseases, including hypertension, diabetes, and respiratory conditions, are rising due to changing lifestyles, especially sedentary behaviors, poor diets, and elevated stress levels. To monitor and treat these problems, surgical treatments are frequently required. The need would eventually increase due to all of this. Anesthesia devices were used more frequently due to the sharp increase in sports-related SCI and accidental fracture cases requiring surgical treatments.
Saudi Arabia largely finances healthcare spending in the Gulf Cooperation Council (GCC), and the Saudi government continues to place a high premium on the industry. Healthcare & social development will account for $36.8 billion in 2022, or 14.4% of its total budget. 9.1% of Brazil's GDP is allocated to healthcare. 63% of the 6,642 hospitals in Brazil are private. 532,645 hospital beds, 88,000 healthcare support services, 502,000 doctors, 331,000 dentists, and 89,000 pharmacies are all present as of 2021. Since anesthetic equipment is among the essential requirements for many medical operations, the region's thriving medical industry is projected to offer growth chances for market.
The Brazil market dominated the LAMEA Anesthesia Equipment Market by Country in 2022 and would continue to be a dominant market till 2030; thereby, achieving a market value of $610.2 million by 2030. The Argentina market is showcasing a CAGR of 11.6% during (2023-2030). Additionally, The UAE market would register a CAGR of 10.7% during (2023-2030).
Based on Type, the market is segmented into Anesthesia Devices (Anesthesia Workstation, Anesthesia Delivery Machines, Anesthesia Ventilators, Anesthesia Monitors and Others) and Anesthesia Disposables (Anesthesia Circuits (Breathing Circuits), Anesthesia Masks, Endotracheal Tubes (ETTS), Laryngeal Mask Airways (LMAS) and Others). Based on Vertical, the market is segmented into Orthopedics, Neurology, Cardiology, Respiratory Care, Urology, General Surgery, Dental, Ophthalmology and Others. Based on End-user, the market is segmented into Hospitals, Clinics, Ambulatory Surgical Centers and Others. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Medtronic PLC, GE HealthCare Technologies, Inc., Koninklijke Philips N.V., Dragerwerk AG & Co. KGaA, Getinge AB, Ambu A/S, SunMed, LLC, Medline Industries, Inc., Penlon Ltd. (BPL Medical Technologies) and Heyer Medical AG (AEONMED Group).
Scope of the Study
By Type
- Anesthesia Devices
- Anesthesia Workstation
- Anesthesia Delivery Machines
- Anesthesia Ventilators
- Anesthesia Monitors
- Others
- Anesthesia Disposables
- Anesthesia Circuits (Breathing Circuits)
- Anesthesia Masks
- Endotracheal Tubes (ETTS)
- Laryngeal Mask Airways (LMAS)
- Others
By Application
- Orthopedics
- Neurology
- Cardiology
- Respiratory Care
- Urology
- General Surgery
- Dental
- Ophthalmology
- Others
By End-user
- Hospitals
- Clinics
- Ambulatory Surgical Centers
- Others
By Country
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA
Key Market Players
List of Companies Profiled in the Report:
- Medtronic PLC
- GE HealthCare Technologies, Inc.
- Koninklijke Philips N.V.
- Dragerwerk AG & Co. KGaA
- Getinge AB
- Ambu A/S
- SunMed, LLC
- Medline Industries, Inc.
- Penlon Ltd. (BPL Medical Technologies)
- Heyer Medical AG (AEONMED Group)
Unique Offerings
- Exhaustive coverage
- The highest number of Market tables and figures
- Subscription-based model available
- Guaranteed best price
- Assured post sales research support with 10% customization free
Table of Contents
Chapter 1. Market Scope & Methodology
Chapter 2. Market at a Glance
Chapter 3. Market Overview
Chapter 4. Competition Analysis - Global
Chapter 5. LAMEA Anesthesia Equipment Market by Type
Chapter 6. LAMEA Anesthesia Equipment Market by Application
Chapter 7. LAMEA Anesthesia Equipment Market by End User
Chapter 8. LAMEA Anesthesia Equipment Market by Country
Chapter 9. Company Profiles
Companies Mentioned
- Medtronic PLC
- GE HealthCare Technologies, Inc.
- Koninklijke Philips N.V.
- Dragerwerk AG & Co. KGaA
- Getinge AB
- Ambu A/S
- SunMed, LLC
- Medline Industries, Inc.
- Penlon Ltd. (BPL Medical Technologies)
- Heyer Medical AG (AEONMED Group)
Methodology
LOADING...
