You are here

Depth of Anesthesia Monitoring Market Worth $170 Million by 2024 - Exclusive Report by MarketsandMarkets™

CHICAGO, June 26, 2019 /PRNewswire/ -- According to the new market research report "Depth of Anesthesia Monitoring Market by Product (Devices, Consumables), Device (Module, Standalone), Mode of Purchase (Group Purchasing Organization, Direct Purchase), End User (Hospitals, Ambulatory Surgery Center, Clinic) - US Forecast to 2024", published by MarketsandMarkets™, the US Depth of Anesthesia Monitoring Market was valued at USD 141 million. This market is projected to reach USD 170 million by 2024, at a CAGR of 3.2% during the forecast period.

Download PDF Brochure:

https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=243124200

The growing patient pool in hospitals and the increasing number of surgeries are the major factors that are driving the growth of this market. However, the high installation and maintenance costs of depth of anesthesia monitoring devices are expected to restrain the growth of this market in the coming years. 

Consumables segment accounted for the largest share of the US Depth of Anesthesia Monitoring Market, by product type, in 2018

Based on product type, the US Depth of Anesthesia Monitoring Market is segmented into devices and consumables. In 2018, the consumable segment accounted for the largest share of the market owing to the need for repeat purchase of consumables and the high adoption of single-use sensors. On the other hand, the average life span of depth of anesthesia monitoring devices is around 10 years, and these devices can be provided at no cost if a long-term contract is signed for the purchase of consumables. 

Browse in-depth TOC on "Depth of Anesthesia Monitoring Market"

25 – Tables 
9 – Figures  
51 – Pages

Modules segment accounted for the largest share of the US Depth of Anesthesia Monitoring Market, by device type, in 2018

On the basis of device type, the US Depth of Anesthesia Monitoring Market is segmented into modules, bundled devices, and standalone devices. The modules segment accounted for the largest share of this market in 2018 majorly due to their widespread use in different clinical settings as they can be integrated into different DOA devices.

Hospitals are the largest end-users of depth of anesthesia monitoring products in the US

Based on end user, the US Depth of Anesthesia Monitoring Market is segmented into hospitals and ambulatory surgical centers & Clinics. The hospitals segment accounted for the largest share of this market in 2018 and is estimated to grow at a higher CAGR during the forecast period majorly due to the growing patient pool in hospitals and the increasing number of surgeries. As the installation and maintenance costs of depth of anesthesia monitoring devices are very high, large hospitals usually can afford to invest in these devices as compared to small clinical settings.

Request Sample Pages:

https://www.marketsandmarkets.com/requestsampleNew.asp?id=243124200

The prominent players operating in this market are Shenzhen Mindray Bio-Medical Electronics Co., Ltd. (China), Medtronic Public Limited Company (Ireland), GE Healthcare (US), Mennen Medical Ltd. (Israel), Masimo Corporation (US), and Philips Healthcare (Netherlands).

Browse Adjacent Markets: Medical Devices Market Research Reports & Consulting

Browse Related Reports:

Patient Monitoring Devices Market by Product (EEG, EMG, MEG, TCD, Peak Flow Meter, Pulse Oximeter, Fetal Monitoring, Temperature Monitoring Devices, MCOT, ECG, Hemodynamic Monitoring System), End User (Home, Hospital) - Global Forecast to 2023

Bed Monitoring System & Baby Monitoring System Market by Type (Baby Monitor (Sensor & Wearable), Pressure Ulcer, Elderly Monitor (Fall Prevention), Sleep Monitor), End User (Home Care, Nursing Home & Assisted Living Facilities) - Global Forecast to 2024

About MarketsandMarkets™ 

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies' revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets's flagship competitive intelligence and market research platform, "Knowledge Store" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Contact:

Mr. Shelly Singh
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA: +1-888-600-6441
Email: sales@marketsandmarkets.com 
Research Insight: https://www.marketsandmarkets.com/ResearchInsight/depth-anesthesia-monitoring-market.asp 
Visit Our Website: https://www.marketsandmarkets.com 
Content Source: https://www.marketsandmarkets.com/PressReleases/depth-anesthesia-monitoring.asp

Logo: https://mma.prnewswire.com/media/660509/MarketsandMarkets_Logo.jpg