Inhalation anesthesia is a chemical compound,
also termed as volatile anesthetic agents. It has an ability of induction and
maintenance of general anesthesia & sedation. It is delivered through
inhalation, especially in patients where management of anesthetics through
intravenous route and other routes is not feasible. It causes decrease in arterial blood pressure,
respiratory depression, and cerebral metabolic demand along with rise in
cerebral blood flow.
According to study, “Global inhalation anesthesia market Size study, by
product (sevoflurane, desflurane and isoflurane) Application (induction and
maintenance) and Regional Forecasts 2018-2025” the key
companies operating in the global inhalation anesthesia market are Halocarbon
Products Corporation, Halocarbon Products Corporation, AbbVie, Inc., Lunan
Pharmaceuticals Co Ltd., Baxter, Jiangsu Hengrui Medicine Co. Ltd., Piramal
Healthcare, Fresenius Kabi AG.
Based on product type, inhalation anesthesia market is segmented into isoflurane,
desflurane, sevoflurance and others. Isoflurane segment is anticipated to
witness the fastest CAGR owing to rise in use in maintenance of anesthesia for
treatment of weak or geriatric patients due to its sparing effect on
cardiovascular function during the forecast period. Additionally, Sevoflurane
segment holds major share in market as a result of its therapeutic advantages
such as low cost and higher potency for an induction of anesthesia. Based on
application, market is segmented into induction and maintenance. Maintenance
segment also holds major share in market as a result of rise in requirement of
higher volumes for maintenance of inhalation anesthetics. In addition, based on
end-user, market is segmented into ambulatory surgical centers, hospitals &
clinics and others. Ambulatory surgical centers dominate the market because of
reduced risk of hospital acquired infections, excellence treatment at
affordable prices and shorter hospital stay. Hospital segment is expected to
exhibit higher CAGR caused by growth in demand for various surgical procedures
on account of favorable reimbursement policies for surgeries being performed in
hospital settings during the forecast period.
The inhalation
anesthesia market is driven by rise in demand for lesser duration in
hospitalization, followed by increase in geriatric population prone to chronic
diseases, growth in patient inclination towards ambulatory day care procedures,
unhealthy dietary habits & lifestyle changes, rise in availability of
healthcare insurance for masses, increase in number of orthopedic procedures
for instance ligament and other soft tissue repair procedures, growth in
accessibility to health services & surgeries and rise in number of
emergency cases. However, recent patent expiries, generic competition for
almost all of the halogenated agents and side effects of inhaler anesthesia
drugs may impact the market. Moreover, growth in innovation in field of
inhalation anesthetics and constant improvements in the healthcare set-up are
key opportunities for market.
Based on geography, the North-American region
dominates the inhalation anesthesia market owing to rise in prevalence of
chronic disease, increase in sound healthcare infrastructure, rise in public
& private healthcare expenditure, growth in number of cosmetic procedures
(Surgical and non-surgical) in the region. The Asian-Pacific region is
estimated to witness higher growth rate due to rise in geriatric population,
growth in medical tourism and increase in number of hospitals & clinics
over the forecast period. In upcoming years, it is predictable that future of
the market will be optimistic on account of rise in benefits of inhalation
anesthetics over injectable anesthetics during the forecast period. It is
projected that the market will be reached at US $1.4 billion by 2025.
For
more information on the research report, refer to below link:-
Contact Us:-
Ken Research
Ankur Gupta, Head Marketing & Communications
ankur@kenresearch.com
+91-9015378249
Ken Research
Ankur Gupta, Head Marketing & Communications
ankur@kenresearch.com
+91-9015378249
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