Inhalation Anesthetics Market – Share, Segments Breakdown, Global Growth by Top Key Players, Future Scope, and Latest Opportunities Forecast to 2024

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Inhalation Anesthetics

The “Inhalation Anesthetics Market” report presents current circumstances of the industry, potential of the market in the present and the future prospects. The Inhalation Anesthetics market study also evaluates the market share, growth rate, and future trends. It also covers market drivers, opportunities and challenges, risks and entry barriers, sales channels, distributors & porter’s five forces analysis of industry. Further, the report studies the Inhalation Anesthetics market size, industry status and forecast, competition landscape and growth opportunity.

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Market Overview:

  • Increase in the number of surgeries performed globally is the major factor that is contributing to the growth of global inhalation anesthetics market. For instance, according to the annual estimates of Sedana Medical, there were about 4.5 to 7.5 million people ventilated and sedated worldwide in 2017. Furthermore, rise in population pool, increase in a number of the geriatric population prone to chronic diseases, growing demand for a lesser duration of hospitalization, and increasing accessibility to health services are some of the other factors responsible for the growth of global inhalation anesthetics market. As per to the UN reports, the global population aged 60 years or over numbered 962 million in 2017, more than twice as large as in 1980 when there were 382 million older persons worldwide. The number of the older population is expected to double again by 2050, projected to reach nearly 2.1 billion. However, side effects associated with the inhalation anesthetics, there is a lower adoption rate in case of inhaler anesthetics in certain surgical procedures, generic competition for almost all of the halogenated agents and recent patent expiries are restraining the inhalation anesthetics market growth.

    Top Key Players of Inhalation Anesthetics Market Are:

  • Halocarbon Products Corporation
  • Baxter
  • Hikma Pharmaceuticals PLC
  • Lunan Pharmaceutical Group Co. Ltd
  • Piramal Enterprises Limited
  • Jiangsu Hengrui Medicine Co. Ltd
  • Fresenius Kabi AG
  • AbbVie Inc.

    Reasons to buy:

    • In-depth analysis of the market on the global and regional level.
    • Major changes in market dynamics and competitive landscape.
    • Segmentation on the basis of type, application, geography and others.
    • Historical and future market research in terms of size, share, growth, volume & sales.
    • Major changes and assessment in market dynamics & developments.
    • Industry size & share analysis with industry growth and trends.
    • Emerging key segments and regions
    • Key business strategies by major market players and their key methods.
    • The research report covers size, share, trends and growth analysis of the Inhalation Anesthetics Market on the global and regional level.

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    Scope of the Report:

    Inhalational anesthetics are used for the induction and maintenance of general anesthesia as well as sedation. The most common inhalational anesthetics are sevoflurane, desflurane, and nitrous oxide. Of these, sevoflurane is the most common because of its rapid onset of action and the fact that patients recover quickly from it. Inhalational anesthetics cause respiratory depression, a decrease in arterial blood pressure and cerebral metabolic demand, and an increase in cerebral blood flow. While side effects differ based on the substance (e.g., halothane can cause hepatotoxicity), the most common side effect is nausea.

    Inhalation Anesthetics market covers the outlook for overall market status, size and share. The report provides complete coverage on major industry drivers, restraints, and their impact on market growth during the forecast period. Inhalation Anesthetics market report also presents the market competition landscape and a corresponding detailed analysis of the major vendor in the market. 

    Key Market Trends:

    Sevoflurane holds the major share in Global Inhalational Anesthetics Market

    Global Inhalational anesthetics market is segmented as Type, End-user and Geography. The type segment is further segmented into Desflurane, Sevoflurane, Isoflurane, Others.

    Sevoflurane is the most widely used inhalational anesthetic owing to its therapeutic advantages and low cost. Sevoflurane is an ether inhalation anesthetic agent with low pungency, a non-irritant odour and a low blood, gas partition coefficient. It can be rapidly and conveniently administered without discomfort, and its low solubility facilitates precise control over the depth of anesthesia and rapid and smooth induction of, and emergence from, general anaesthesia. As an induction and maintenance agent for ambulatory and nonambulatory surgery in children, sevoflurane provides more rapid induction and emergence from anesthesia than halothane and has similar or better patient acceptability.

    Asia Pacific is the fastest growing region in Inhalational Anesthetics Market

    The Asia Pacific is anticipated to have a significant growth due to the presence of high unmet needs, an increase in health awareness, large population base, and an increase in the number of surgeries. According to WHO report in 2017, it was estimated that about 39.5 million surgeries were performed in China. Moreover, propelling medical tourism due to the availability of cost-efficient and advanced healthcare treatment options compared to the other geographical regions and increasing adoption of novel technologies are bolstering the growth of inhalational anesthetics market in the Asia Pacific region. As per the report of Brink Asia Pacific Risk Center in 2017, around 4 million medical tourists traveled to India to seek health care services, 3.5 million foreign patients traveled to Thailand and 900,000 patients to Singapore in 2016.

    Inhalation Anesthetics Market Report contents include:

    – Analysis of the Inhalation Anesthetics market including revenues, future growth, market outlook

    – Historical data and forecast

    – Regional analysis including growth estimates

    – Analyzes the end user markets including growth estimates.

    – Profiles on Inhalation Anesthetics including products, sales/revenues, and market position

    – Market structure, market drivers and restraints.

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    Detailed TOC of Inhalation Anesthetics Market Report Are:

    1 INTRODUCTION
    1.1 Study Deliverables
    1.2 Study Assumptions
    1.3 Scope of the Study

    2 RESEARCH METHODOLOGY

    3 EXECUTIVE SUMMARY

    4 MARKET DYNAMICS
    4.1 Market Overview
    4.2 Market Drivers
    4.2.1 Increasing Geriatric Population Prone to Chronic Diseases
    4.2.2 Increasing Number of Emergency Cases
    4.2.3 Growing Demand for Lesser Duration in Hospitalization
    4.2.4 Increasing Accessibility to Health Services and Surgeries
    4.3 Market Restraints
    4.3.1 Generic Competition for Almost all of the Halogenated Agents
    4.3.2 Recent Patent Expiries
    4.3.3 Side Effects of Inhaler Anesthesia Drugs
    4.4 Porter’s Five Force Analysis
    4.4.1 Threat of New Entrants
    4.4.2 Bargaining Power of Buyers/Consumers
    4.4.3 Bargaining Power of Suppliers
    4.4.4 Threat of Substitute Products
    4.4.5 Intensity of Competitive Rivalry

    5 MARKET SEGMENTATION
    5.1 Type
    5.1.1 Desflurane
    5.1.2 Sevoflurane
    5.1.3 Isoflurane
    5.1.4 Others
    5.2 End User
    5.2.1 Hospitals
    5.2.2 Ambulatory Surgical Centers
    5.2.3 Others
    5.3 Geography
    5.3.1 North America
    5.3.1.1 US
    5.3.1.2 Canada
    5.3.1.3 Mexico
    5.3.2 Europe
    5.3.2.1 Germany
    5.3.2.2 UK
    5.3.2.3 France
    5.3.2.4 Italy
    5.3.2.5 Spain
    5.3.2.6 Rest of Europe
    5.3.3 Asia Pacific
    5.3.3.1 China
    5.3.3.2 Japan
    5.3.3.3 India
    5.3.3.4 Australia
    5.3.3.5 South Korea
    5.3.3.6 Rest of Asia-Pacific
    5.3.4 Middle East and Africa
    5.3.4.1 GCC
    5.3.4.2 South Africa
    5.3.4.3 Rest of Middle East and Africa
    5.3.5 South America
    5.3.5.1 Brazil
    5.3.5.2 Argentina
    5.3.5.3 Rest of South America

    6 COMPETITIVE LANDSCAPE
    6.1 Company Profiles
    6.1.1 Halocarbon Products Corporation
    6.1.2 Baxter
    6.1.3 Hikma Pharmaceuticals PLC
    6.1.4 Lunan Pharmaceutical Group Co. Ltd
    6.1.5 Piramal Enterprises Limited
    6.1.6 Jiangsu Hengrui Medicine Co. Ltd
    6.1.7 Fresenius Kabi AG
    6.1.8 AbbVie Inc.

    7 MARKET OPPORTUNITIES AND FUTURE TRENDS

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