Anesthesia Machines Market Trends

Growth Drivers

• Surge in surgical procedures worldwide: The rising number of surgical procedures worldwide is poised to boost the growth of the global anesthesia machines market. Cardiovascular, oncological, and orthopedic medical sectors are driving surgical interventions necessitating anesthesia machines. Increasing cases are prompting healthcare infrastructures such as hospitals and surgical centers to invest in anesthetic capabilities driving demands for machines.
  
  Additionally, the surge in surgical aesthetic procedures is poised to drive the sector’s growth. For instance, in June 2024, the International Society of Aesthetic Plastic Surgery (ISAPS) highlighted liposuction as the most common surgical procedure in 2023, with more than 2.2 million surgeries followed by breast augmentation. For instance, in September 2023, the Colorado Plastic Surgery Center announced local anesthesia as an option for breast augmentation procedures.
• Expansion of healthcare infrastructure in emerging economies: The global anesthesia machines market is poised to find profitable opportunities in the emerging markets of Asia Pacific (APAC), Africa, and Latin America. The significant investments to improve healthcare infrastructure in emerging economies are poised to drive demands for anesthesia machines.
  
  The surge in awareness for quality healthcare along with the rise in disposable income to be spent on healthcare is poised to create a profitable ecosystem for the adoption of anesthesia machines. The healthcare sector trends are favorable for the growth of the anesthesia machines market. For instance, in September 2024, the World Federation of Societies of Anesthesiologists joined with partners to sign an action letter demanding the inclusion of capnography as essential monitoring equipment in general anesthesia guidelines.
• Rise in minimally invasive procedures and expansion of anesthetic portfolios: The increasing prevalence of minimally invasive surgeries is poised to drive the revenue growth of the global anesthesia machines market. Minimally invasive surgeries are known for shorter recovery times and reduced patient traumas, driving the surging prevalence in the healthcare sector. Minimally invasive procedures require precise and safe anesthesia delivery, boosting demands for machines in healthcare setups that can perform effective delivery.
  
  Additionally, companies expanding their portfolio of anesthetics are poised to benefit the growth of the global anesthesia machines market by driving demands for precision delivery anesthesia machines. For instance, in November 2023, Pacira announced the FDA approval of sNDA to expand the bupivacaine liposome injectable suspension label, EXPAREL. This has created an opportunity for the company to transition to non-opioid-based pain management in an ambulatory environment. The growth of local anesthesia drugs is poised to boost the demand for anesthesia machines in the future.

Challenges

• Challenges in expanding to remote and under-resourced regions: The global anesthesia machines market faces challenges in expanding to geographically remote regions. Emerging markets with unstable healthcare infrastructure are the roadblocks to the adoption of anesthesia machines. Additionally, fluctuating power or electricity in remote or underdeveloped regions can cause challenges in machine maintenance.
• High costs of automated anesthesia machines: The onset of automated, AI-integrated anesthesia machines is poised to drive adoption costs. The high costs can prove to be a deterrent for smaller healthcare facilities, causing hurdles in anesthesia machines market expansion. Additionally, maintenance and software updates of the machines can add to the cost further denting accessibility to healthcare facilities catering to various income-based demographics.