Jul 03, 2020 (Profound via COMTEX) -- A medical monitor is a medical device used for monitoring patient; it consists of one or more sensors and processing components. Anesthesia is insensitivity to pain and is used to make patient unconscious during surgery. The advance anesthesia monitoring devices are used to check the patient's response toward anesthesia during the surgical process. Increasing number of surgeries in the globe drives the growth of the global advance anesthesia monitoring devices market. Additionally, continuous development in the field of the anesthesia monitoring devices and increasing demand for the better monitoring devices have provided a push for the development of the market.
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However, the higher cost and decrease in reimbursements provided by the governments for medical equipment may hinder the growth of the market over the forecast period.
The global advance anesthesia monitoring devices market is expected to grow at a CAGR of 10.3% during the forecasted period 2017-2023.
Global advanced anesthesia monitoring devices market is segmented on the basis of type of product and end users. On the basis the type of product, it is segmented into primary anesthesia monitors, advanced anesthesia monitors, and integrated anesthesia workstations. Advanced anesthesia monitors are sub-segmented into gas monitors, stand-alone capnography monitors, depth of anesthesia, and MRI compatible anesthesia monitors. And on the basis of end users, it is segmented into hospitals, clinics, ambulatory services, and others.
Key Players in global advance anaesthesia monitoring devices market
NIHON KOHDEN CORPORATION (China), General Electric Company (U.S.), Masimo (U.S.), INFINIUMMEDICAL (U.S.), Medtronic (U.S.), Shenzhen Mindray Bio-Medical Electronics Co., Ltd (China), Sedana Medical AB (Sweden), Drauml;gerwerk AG amp; Co. KGaA. (Germany), Smiths Medical (U.K.), OSI Systems (U.S.), Maquet Holding B.V. amp; Co. KG. (Germany), Teleflex Incorporated (U.S.), ResMed (U.S.), Getinge AB (Sweden), Fisher amp; Paykel Healthcare Limited (New Zealand), Phillips Plastics Corporation. (The Netherland), Intersurgical Ltd (U.K.).
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