Comprehensive analysis on Inhalation Anesthesia Market 2017-2024
Sellbyville, DE -- (SBWIRE) -- 12/11/2018 -- The Inhalation Anesthesia Market is set to exceed USD 1.6 billion by 2024; according to a new research report by Global Market Insights, Inc.
Increased healthcare expenditure and economic progress in developing nations along with increasing number of emergency surgical procedures will upsurge inhalation anesthesia market growth. In addition, demand for ambulatory surgical centres is rising due to factors such as, convenience, cost-effectiveness and low infection rate coupled with value based payment model should drive business size. However, the concerned adverse effects of anesthesia should hamper industry growth.
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Company profiled in this report based on Business overview, Financial data, Product landscape, Strategic outlook & SWOT analysis:
- Baxter International Inc.
- Hikma Pharmaceuticals
- Eisai US
- Halocarbon Products Corporation
- Piramal Pharma Solutions
Maintenance held largest revenue share in 2016 due to advantages such as, safety of airway. Depth of anesthesia throughout maintenance is controlled with no trouble caused by regulating aeration form, vaporizer outputs, and overall flow proportion. High stimulated oxygen is generally on condition through inhalant anesthetic all throughout maintenance. Moreover, fast recovery offered as compared to injectable groupings will drive industry growth.
Induction should witness considerable growth over the forecast period due to properties such as preservation of impulsive ventilation and redistribution throughout apnea, it is also used for inhalation induction in respiratory airway problems.
Sevoflurane dominated inhalation anesthesia market in 2016. The growth is attributed to high preference for sevoflurane and suitable for children and adults for maintenance as well as induction. Moreover, associated characteristics such as, low flammability, dearth of annoyance to airway passages, intrinsic stability. In addition, other benefits include, low blood gas solubility permitting quick initiation of arrival from anesthesia, non-pungent odor, nominal respiratory and cardiovascular side effects, less effect on cerebral blood flow should boost segment growth.
Desflurane will contribute for substantial revenue share in 2016. The advantages associated with the product include, curtailing low risk of nephrotoxicity and hepatitis as well as it accounts for quick and early recovery as compared to sevoflurane. It is highly fluorinated and used in maintenance for general anesthesia. However, it can cause airway irritability and tachycardia when directed at more than 10 vol% absorption.
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U.S. inhalation anesthesia market accounted for largest regional share in 2016. Increasing number of plastic surgeries along with rising prevalence of chronic lower respiratory disease will fuel adoption of inhalation anesthesia.
UK will witness significant industry growth due to rising prevalence of cancer coupled with increasing rate of surgical procedures. Moreover, inhalation anesthesia used in these surgical procedures will drive regional business growth.