Here are six key trends:
1. The market was valued at $820.9 million in 2014.
2. It is projected to reach $1.6 billion by 2020.
3. It is expected to grow at a compound annual growth rate of 12 percent from 2015 to 2020.
4. The market is expected to grow due to the rise in aging population, increasing number of surgeries, growing awareness among physicians and advancements in technology.
5. However, the high cost of anesthesia monitoring devices and the availability of conventional techniques are the major restraining factors.
6. In 2014, 31.5 percent of the global anesthesia monitoring devices market was dominated by North America.
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