Anesthesia Machines Market Size

The market’s growth is attributed to the rising prevalence of surgeries, including cosmetic procedures, and the consecutive demand for anesthesia administration.  For instance, in June 2024, the International Society of Aesthetic Plastic Surgery (ISAPS) estimated a 40% increase in aesthetic surgical procedures in the past 4 years, with more than 15.8 million procedures performed by plastic surgeons.

Key players in the anesthesia machines market are investing in the innovation of automated anesthesia systems to improve patient safety. For instance, in April 2022, GE Healthcare announced approval by the Food & Drug Administration (FDA) of software automating anesthesia delivery with the ability to reduce greenhouse gas (GHG) emissions during surgeries. Innovations as such are poised to expand themarket creating increasing revenue opportunities. Additionally, the integration of artificial intelligence (AI) in healthcare is poised to benefit the sector’s growth with AI-equipped anesthesia workstations able to predict patient responses, leading to better outcomes.

The anesthesia machines market is poised to offer profitable opportunities owing to the integration of anesthesia machines with electronic medical record (EMR) systems boosting seamless data transfers. Surgical centers with high-volume patient footfall require workflow efficiency and accurate data tracking, driving opportunities in the sector for the integration of anesthesia machines with EMR systems.

Additionally, opportunities arise in anesthesia machine advancements that can support remote monitoring, driving adoptions in under-resourced healthcare facilities. The global market is positioned to find profitable opportunities in military healthcare by providing portable anesthesia machines to cater to mobility solutions. The trends highlight the profitable scope of the anesthesia machines market beyond traditional surgical applications and the global sector is poised to leverage the favorable trends to continue its rapid growth surge by the end of the forecast period.