Portable Anesthesia Systems Market Worth US$ 462.8 Million in 2022 | CAGR 6% – By FMI

Portable anesthesia Systems Market Outlook (2022-2032)

[302 Pages Report] The global portable anesthesia systems market is expected to accumulate US$ 462.8 Million in value by 2022-end. During the forecast period ranging from 2022 to 2032, a CAGR worth 6% has been projected for the market, with an expected closing value worth US$ 880.8 Million. During the 2016-2021 historical period, the industry grew at a value CAGR worth 4.8%.

The introduction of computer-assisted technology systems has profoundly impacted digital surgical methods. Computer-assisted anesthesia systems are one such method. Computer-assisted anesthesia systems now include dynamic pressure sensing technology, as well as customized flow rates for each injection type.

During an injection, the digital platform governs the flow rate and pressure of local anesthesia. It is much more comfortable than a syringe, reduces anxiety, and can eliminate contractual numbness. With the emergence of computer-assisted anesthesia systems, surgeons can plan the surgical procedure ahead of time and perform a more accurate procedure.

The technology can adapt methodologies to each patient’s unique anatomy. During surgery, the physician must accomplish the required task, but computer-assisted anesthesia systems navigate the surgeon’s tools according to a pre specified method to safely and effectively place the injection in the precise pre-planned locations.

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What are the Factors Propelling the Global Portable Anesthesia Systems Market?

The key driving factors for the computer-assisted anesthesia systems market are hospital cost reduction through reduced length of stay in hospitals and population aging. Top manufacturers offer new computer-assisted anesthesia systems that redefine the global standard of care for injection techniques by making life more convenient for the patient and reducing anxiety and stress for the healthcare provider.

Using computer-controlled pressure-sensing capabilities, computer-assisted anesthesia systems have been shown to be effective in prescribing medicine in the intra-articular space. This eradicates the need to use a manual syringe to locate the intra-articular space and minimizes the margin for error when injecting the exact quantity of medication. Surging hospital admissions and the prospects of digital surgical platforms to strengthen the efficacy of existing surgical procedures are also growth drivers for the computer-assisted anesthesia systems market.

Significant cost savings in pre-and post-operative care, along with faster recovery, are also propelling the development of the computer-assisted anesthesia systems market. The principal uses of computer-assisted anesthesia systems system include dynamic pressure sensing technology, controlled needle exit pressure, precise flow rate, drug volumes, and others. The ability of these methods to integrate with digital platforms is expected to account for its dominant share.

What are the Factors Hampering the Global Portable Anesthesia Systems Market?

The market has faced a number of challenges as companies reallocate their resources to operate within the constraints imposed by the pandemic. In addition, the high cost of the products has stifled market growth in recent years.

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Why is the Asia Pacific Emerging as an Opportunistic Portable Anesthesia Systems Market?

The Asia-Pacific region, excluding Japan, Japan, and the Middle East and Africa, is expected to be the fastest-growing market for computer-assisted anesthesia systems, an account of increasing awareness among physicians and patients about the treatment of spinal disorders with high accuracy and safety, along with widespread adoption of robots for surgical procedures by medical institutions.

Market research specialist According to Future Market Insights, the Asia Pacific market for portable anesthesia systems is anticipated to boost growth during the forecast period.

Why is the Demand for Portable Anesthesia Systems Burgeoning in North America?

North America is estimated to be the leading market for computer-assisted anesthesia systems, due to the elevated surgical procedure standards and innovation by key market players. The use of Portable Anesthesia Systems has grown rapidly. Portable Anesthesia Systems are a highly preferred agent in some developed regions/countries, such as the United States, due to their rapid onset and offset activity. It also allows for faster recovery and efficient handling all through intra-procedural titration.

Some of the factors driving this market in North America include an increase in the demand for surgeries and a substantial increase in the geriatric population. According to a WHO report, the population of the United States will have increased by 17% by 2020.

The market in North America is poised to increase significantly in the coming years, owing to well-developed healthcare systems, an appropriate reimbursement scenario, and the implementation of new and advanced techniques. In 2022, the North American region acquires nearly 33% share in the Portable Anesthesia Systems market and is projected to maintain the governing growth throughout the forecast period, states Future Market Insights.

Who are the Key Players in the Global Portable Anesthesia Systems Market?

Some key players in the Portable anesthesia Systems market are WandDental, Inc., Milestone Scientific, Inc., Evident, etc. The key development in the portable anesthesia systems market is as follows:

• In May 2021, Ronvig Dental launched its latest computer-assisted local anesthesia, CALAJECTTM, which was named “2022 Top Award Winner – Anesthetic Device” by Dental Advisor. The flow rate is controlled by the system, ensuring a smooth and gentle flow of anesthesia. Even palatal injections can be performed with less pain for the patient.

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Report Scope

Growth Rate

CAGR of 6% from 2022 to 2032

Market Value in 2022

US$ 462.8 Million

Market Value in 2032

US$ 880.8 Million

Base Year for Estimation

2021

Historical Period

2016-2021

Forecast Period

2022-2032

Quantitative Units

Revenue in US$ Million and CAGR from 2022-2032

Report Coverage

Revenue Forecast, Volume Forecast, Company Ranking, Competitive Landscape, Growth Factors, Trends, and Pricing Analysis

Segments Covered

Application

Surgery Type

End User

Region

Regions Covered

North America

Latin America

Europe

East Asia

South Asia

Oceania

Middle East and Africa

Key Countries Profiled

U.S

Canada

Brazil

Mexico

Germany

U.K

France

Spain

Italy

China

Japan

South Korea

GCC

South Africa

Israel

Key Companies Profiled

WandDental

Milestone Scientific

Evident Inc.

Key Segments Covered in the Portable Anesthesia Systems Industry Survey

Portable Anesthesia Systems Market by Application:

• Portable Anesthesia Systems for Medical Specialties
• Portable Anesthesia Systems for Anesthesiology
• Portable Anesthesia Systems for Orthopedic Surgery
• Portable Anesthesia Systems for Pain Medicine
• Portable Anesthesia Systems for Physical Medicine/Rehabilitation
• Portable Anesthesia Systems for Primary Care/Urgent Care
• Portable Anesthesia Systems for Rheumatology
• Portable Anesthesia Systems for Sports Medicine
• Portable Anesthesia Systems for Dental Specialties
• Portable Anesthesia Systems for Other Applications

Portable Anesthesia Systems Market by Surgery Type:

• Portable Anesthesia Systems for Open Surgery
• Portable Anesthesia Systems for Minimally Invasive Surgeries

Portable Anesthesia Systems Market by End Users:

• Portable Anesthesia Systems for Hospitals
• Portable Anesthesia Systems for Clinics
• Portable Anesthesia Systems for Ambulatory Surgical Centers
• Portable Anesthesia Systems for Other End Users

Portable Anesthesia Systems Market by Region:

• North America Portable Anesthesia Systems Market
• Latin America Portable Anesthesia Systems Market
• Europe Portable Anesthesia Systems Market
• Asia Pacific Portable Anesthesia Systems Market
• Middle East & Africa Portable Anesthesia Systems Market

About FMI:

Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.

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