Depth of Anesthesia Monitoring Market expected to Witness a Sustainable Growth over 2023-2032 | Medtronic plc, GE Healthcare, Nihon Kohden Corporation, Koninklijke Philips N.V.

The global depth of anesthesia monitoring market was valued at USD 252.7 million in 2021 and it is anticipated to grow further till USD 409.7 million by 2031, at a CAGR of 4.9% during the forecast period.

The depth of anesthesia refers to how much different anesthetic drugs have suppressed the central nervous system (CNS). By allowing or permitting medication delivery in opposition to the patient’s measured level of waking up or wakefulness, the depth of anesthesia monitoring devices aid in the individualization of anesthesia. These tools are used to gauge the EEG’s regularity, which can then be used to determine the precise or approximative level of anesthesia.

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Market Trends and Drivers

The primary reasons propelling the global market are the rise in osteoporosis and osteoarthritis incidence, as well as an increase in the number of knee and hip replacement procedures. A major health problem, osteoporosis is prevalent among the elderly population. The illness is linked to joint and bone wear in the hip, knee, wrist, and spinal column. Every year, 8.6 million fractures are attributed to osteoporosis worldwide. Women are more likely than men to have this health problem. The International Osteoporosis Foundation estimates that 75 million people in Europe, the United States, and Japan have osteoporosis.

Market Restraints and Challenges

However, a lack of knowledge on the part of the experts using the devices, extravagant pricing of the equipment, rigorous regulations from regulatory agencies, together with insufficient healthcare facilities in developing countries, could represent possible barriers to growth in the future.

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Major Players in the Global Depth of Anesthesia Monitoring Market

The key players studied in the global depth of anesthesia monitoring market are Medtronic plc, GE Healthcare (General Electric Company), Nihon Kohden Corporation, Koninklijke Philips N.V., Spacelabs Healthcare (OSI Systems, Inc.), Masimo, Shenzhen Mindray Bio-Medical Electronics Co., Ltd., BrainU Co., Ltd., and Mennen Medical Ltd among others.

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