Anesthesia Drugs Market Size

Anesthesia Drugs Market size was over USD 7.12 billion in 2024 and is poised to exceed USD 11.56 billion by 2037, growing at over 3.8% CAGR during the forecast period i.e., between 2025-2037. In the year 2025, the industry size of anesthesia drugs is evaluated at USD 7.34 billion. The primary driver of the anesthetic drugs market expansion is the increasing number of surgical procedures performed worldwide. Over 310 million critical medical procedures are performed annually worldwide, with 40–50 million occurring in the US and 20 million in Europe.

In addition, both developed and developing countries are seeing increases in healthcare costs. In developing countries, underuse of public health care is a very common occurrence. Nonetheless, improving the healthcare infrastructure in underdeveloped countries has received more attention recently. In addition to building new healthcare facilities and renovating old ones, infrastructure for human capital development and training has been increased. Due to improved access to healthcare services and growing awareness of the benefits of timely surgical treatments, the number of surgeries performed globally has also increased.