Anesthesia Monitoring Market

The Anesthesia Monitoring Market is valued at USD 3.1 Bn in 2026 and is projected to reach USD 4.16 Bn,  growing at a CAGR of 4% by 2033.The most commonly used anesthesia monitors are general anesthesia machines with integrated monitoring capabilities; however, most anesthesia machines do not have integrated monitoring abilities and require separate monitors for their operation. Thus, these machines can increase anesthesia costs by increasing anesthesia gas usage, surgery time, anesthesia machine maintenance, anesthesia maintenance staff requirements, etc. The anesthesia monitor helps in managing anesthesia during surgery by displaying real-time data on its screen to inform the anesthesia personnel about the patient's anesthesia conditions.

These factors are expected to drive the anesthesia monitoring market over the forecast period. The growth of this market is being propelled by factors such as rapid technological advancements in anesthesia monitoring devices, increasing anesthesia procedures due to the rising geriatric population, and favourable reimbursement policies for anesthesia monitoring procedures.

Anesthesia Monitoring Market Arrives on the Cusp of Transformation

The global anesthesia monitoring market is undergoing a transformation phase from analogue to modern anesthesia information management systems, which provide real-time data on multiple parameters. These systems are incorporated with wireless technologies such as Bluetooth and Wi-Fi. They can be easily connected with devices such as ventilators, suction units, infusion pumps, etc., to manage anesthesia conditions during surgery or patient recovery more efficiently. In 2016, Mindray launched its M1 anesthesia information management system that supports the connectivity of anesthesia devices with anesthesia monitors for remote monitoring of anesthesia data.

Increasing quality consciousness among hospitals, regulatory authorities, and anesthesia professionals have made anesthesia information management systems vital for improving efficiency by optimizing practices. It is estimated that by 2022 induction of anesthesia will be performed using smart pumps. For instance, the Isoflurane Pump from Ohmeda (GE Healthcare) is the world's first anesthesia pump with integrated Bluetooth technology that connects with an anesthesia monitor to receive real-time data on multiple surgery parameters including pulse rate, blood pressure (BP), end tidal CO2 concentration, and temperature. Additionally, advanced software upgrades will eventually help in reducing workloads for healthcare providers and support a seamless supply of anesthesia from providers to equipment.

Anesthesia Infrastructure Segment Leads Market as Endoscopic Procedures Rise

The anesthesia monitoring market is segmented into anesthesia information management systems, anesthesia monitors, anesthesia services, anesthesia training and education, intravenous (IV) fluid administration systems; the latter three segments are collectively referred to as anesthesia infrastructure. The anesthesia infrastructure segment held the major share of the global anesthesia monitoring market due to its growing use in endoscopy procedures performed across surgeries including minimally invasive surgery for cancer treatment. 

The anesthesia infrastructure segment can be further classified into anesthesia monitoring devices, anesthesia monitors, anesthesia services, anesthesia infusion pumps; the latter three are collectively referred to as anesthesia systems.

Anesthesia information management systems which allows automation of anesthesia practices makes it necessary for hospitals to monitor various parameters through automated monitoring systems such as oxygen saturation levels for patient safety during surgery. 

The increasing incidence of chronic diseases globally has led to an increase in demand for anesthesia. Rising complications out of conditions such as cancer, diabetes, and hypertension are expected to have a positive influence on the market.

Well-Developed Healthcare Infrastructure in North America to Pave the Way for Anesthesia Monitoring Market 

The North America anesthesia monitoring market is predicted to hold a significant share of the global anesthesia monitoring market owing to the rise in a number of surgeries for chronic diseases and the growing geriatric population. The number of surgeries performed using anaesthetics has increased tremendously due to technological advancements, which has helped in increasing the overall number of minimally invasive surgical procedures along with open surgery. Moreover, modernization and advances in the medical equipment industry in the region are influencing positive growth.

However, strict government regulations related to anesthesia equipment is expected to hamper market growth over the next five years. In addition, lack of experienced personnel and safety concerns regarding the use of monitoring devices are some factors that might hamper the expansion of this market in the near future. This is further expected to be affected by growing economic control and increasing health-related expenses.

Global Anesthesia Monitoring Market: Competitive Scenario

Key players in the global anesthesia monitoring market are:

• GE HealthCare Technologies Inc.
• Philips Healthcare (Koninklijke Philips N.V.)
• Drägerwerk AG & Co. KGaA
• Medtronic plc
• Mindray Medical International Ltd.
• Siemens Healthineers AG
• Masimo Corporation
• Spacelabs Healthcare (OSENSA)
• Natus Medical Incorporated
• Welch Allyn (Hill Rom / Baxter)
• Edan Instruments, Inc.
• Contec Medical Systems Co., Ltd.
• NIHON KOHDEN CORPORATION
• Nonin Medical, Inc.
• BioTelemetry, Inc.

Global Anesthesia Monitoring Market Segmentation

Product

• Basic Anesthesia Monitor
• Integrated Anesthesia Workstation
• Advanced Anesthesia Monitor
• Other Products

End-use

• Hospitals
• Specialty Clinics
• Ambulatory Surgery Centers

By Region

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East and Africa