Anesthesia monitoring device market projects 5% CAGR through 2021: 3 insights

With technological advances fueling the anesthesia monitoring device market, Research and Markets projects the market will experience a 5.05 percent compound annual growth rate through 2021.

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Here’s what you should know.

1. Technological advancements are driving market adoption rates. Clinicians and home users are utilizing compact size transport and low cost multi-unit parameter anesthesia monitoring equipment, with the monitor making large headways in remote monitoring markets.

2. Surgical caseloads are also driving market growth. As caseloads continue to increase across the globe, anesthesia monitoring devices will remain in strong demand particularly in gastroenterology, urology, spine and orthopedic specialties.

3. Some key vendors include:

  • Lübeck, Germany-based Drägerwerk
  • Little Chalfont, United Kingdom-based GE Healthcare
  • Shenzhen, China-based Mindray Medical
  • Abingdon, United Kingdom-based Penlon
  • Amsterdam, Netherlands-based Philips Healthcare

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