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Anesthesia Drugs Market by Business Growth, Development Factors, Applications, and Future Prospects 2019 – 2024

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Anesthesia

The “Anesthesia Drugs Market” 2019-2024 research report provides a detailed overview of industry. It covers the growth aspects of industry. Anesthesia Drugs market report includes key strategies and the effect of key players in the Anesthesia Drugs market. Additionally, it provides the market revenue, share, SWOT analysis, growth factors of company as well as manufacturers in the market.

Scope of the Report:

  • Anesthesia is a drug that causes a reversible loss of sensation. There are several types of anesthetic drugs available in the market, such as general anesthesia, spinal anesthesia, IV regional anesthesia, local anesthesia, peripheral nerve block, and saddle block or caudal anesthesia.

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    Market Overview:

  • The anesthesia drugs market was valued at USD 4,512.11 million in 2018, and is estimated to be valued at USD 5,314.66 million in 2024, while witnessing a CAGR of 4.20% over the forecast period of 2019-2024. The key factors propelling the growth of this market are the increasing number of surgeries and new approvals of anesthetic drugs.
  • There are wide ranges of surgeries based on the length of stay for surgeries. These include elective surgery and emergency surgery. Based on procedures, there are wide ranges of surgeries, where open surgery is most common. Others include keyhole surgery, laparoscopic surgery, microsurgery, and cosmetic surgery. In recent years, several articles have reported a significant rise in the number of day care procedures (ambulatory surgery), and diagnostic and therapeutic services. This is primarily due to the increased dependence on advances made in anesthesia, surgical, and medical technologies.
  • Furthermore, the rise in surgeries is attributed to the increasing risk of various accidents, sports injuries, and diseases, globally. According to the Center of Disease Control and Prevention (CDC), more than 51 million inpatient surgeries and 53 million outpatient surgeries were performed in the United States in 2017. In the European region, in England, nearly 4.7 million patients were admitted for surgeries in 2014, as per the Royal College of Surgeons. This indicates the rising number of surgeries, which ultimately results into the rising demand for the anesthesia drugs and propels the growth of the anesthesia drugs market.

    Top Key Players of Anesthesia Drugs Market Report Are:

  • Baxter
  • Hospira
  • Abbott Laboratories
  • AstraZeneca
  • F. Hoffmann
  • La Roche AG
  • B. Braun Melsungen AG
  • AbbVie Inc.
  • Boehringer Ingelheim International GmbH
  • Eisai Co. Ltd
  • Fresenius SE & Co. KGaA

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    Key Market Trends:

    Propofol Sub-segment is Expected to Show the Fastest Growth in the General Anesthesia Drugs Segment

    The propofol sub-segment of the anesthesia drugs market is expected to experience a fast growth rate while witnessing a CAGR of 4.20% over the forecast period.

    Propofol is a drug that has been used for a long time for various surgical procedures requiring anesthesia. Teva Pharmaceuticals had stopped manufacturing propofol for a particular time; however, the drug returned to the market in 2013. Hospira is another major player in the propofol sub-segment. In 2015, Pfizer acquired Hospira and created a leading global established pharmaceutical (GEP) business. Some of the companies who manufacture propofol injections are Neon Laboratories Limited, Bharat Serums and Vaccines Limited, and Fresenius Kabi. The drug is always in demand in the market for utilization in different surgeries, and is expected to witness rapid growth in the coming years.

    North America Dominates the Market and is Expected to Follow the Same Trend Over the Forecast Period

    North America currently dominates the anesthesia drugs market and is expected to continue its stronghold for a few more years. The US anesthesia market is the largest regional market in the world. This market is driven by factors, such as the increasing number of surgeries, rising aging population with increasing chronic conditions, and advancements in anesthesia technologies.

    Anesthesia Drugs Market Report Answers Following Questions:

    • What are the important R&D (Research and Development) factors and data identifications to responsible for rising market share?
    • What are future investment opportunities in the in Anesthesia Drugs Devices landscape analyzing price trends?
    • Which are most dynamic companies with ranges and recent development within Anesthesia Drugs Devices Market till 2024?
    • In what way is the market expected to develop in the forthcoming years?
    • What are the principle issues that will impact development, including future income projections?
    • What are market opportunities and potential risks associated with Anesthesia Drugs Devices by analyzing trends?

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    Detailed TOC of Anesthesia Drugs Market Report 2019-2024:

    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 Increasing Number of Surgeries
    4.2.2 New Approvals of Anesthetic Drugs
    4.2.3 Reduction in the Cost of Newly Invented Drugs
    4.3 Market Restraints
    4.3.1 Side Effects of General Anesthetics
    4.3.2 Lack of Skilled-Anesthetics
    4.3.3 Regulatory 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 Drug Type
    5.1.1 General Anesthesia Drugs
    5.1.1.1 Propofol
    5.1.1.2 Sevoflurane
    5.1.1.3 Desflurane
    5.1.1.4 Dexmedetomidine
    5.1.1.5 Remifentanil
    5.1.1.6 Midazolam
    5.1.1.7 Other General Anesthesia Drugs
    5.1.2 Local Anesthesia Drugs
    5.1.2.1 Bupivacaine
    5.1.2.2 Ropivacaine
    5.1.2.3 Lidocaine
    5.1.2.4 Chloroprocaine
    5.1.2.5 Articaine
    5.1.2.6 Benzocaine
    5.1.2.7 Local Anesthesia Drugs
    5.2 By Route of Administration
    5.2.1 Inhalation
    5.2.2 Injection
    5.2.3 Other Routes of Administration
    5.3 By Application
    5.3.1 General Surgeries
    5.3.2 Plastic Surgery
    5.3.3 Cosmetic Surgeries
    5.3.4 Dental Surgeries
    5.3.5 Other Applications
    5.4 Geography
    5.4.1 North America
    5.4.1.1 US
    5.4.1.2 Canada
    5.4.1.3 Mexico
    5.4.2 Europe
    5.4.2.1 Germany
    5.4.2.2 UK
    5.4.2.3 France
    5.4.2.4 Italy
    5.4.2.5 Spain
    5.4.2.6 Rest of Europe
    5.4.3 Asia-Pacific
    5.4.3.1 China
    5.4.3.2 Japan
    5.4.3.3 India
    5.4.3.4 Australia
    5.4.3.5 South Korea
    5.4.3.6 Rest of Asia-Pacific
    5.4.4 Middle East & Africa
    5.4.4.1 GCC
    5.4.4.2 South Africa
    5.4.4.3 Rest of Middle East & Africa
    5.4.5 South America
    5.4.5.1 Brazil
    5.4.5.2 Argentina
    5.4.5.3 Rest of South America

    6 COMPETITIVE LANDSCAPE
    6.1 Company Profiles
    6.1.1 Baxter
    6.1.2 Hospira
    6.1.3 Abbott Laboratories
    6.1.4 AstraZeneca
    6.1.5 F. Hoffmann-La Roche AG
    6.1.6 B. Braun Melsungen AG
    6.1.7 AbbVie Inc.
    6.1.8 Boehringer Ingelheim International GmbH
    6.1.9 Eisai Co. Ltd
    6.1.10 Fresenius SE & Co. KGaA

    7 MARKET OPPORTUNITIES AND FUTURE TRENDS

     

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