Anesthesia Monitoring Devices Market Report Scope & Overview:

The Anesthesia Monitoring Devices Market Size was valued at USD 1.4 billion in 2023 and is expected to reach USD 2.2 billion by 2031, and grow at a CAGR of 6.0% over the forecast period 2024-2031.

Automated medical record keeping systems, such as an anesthesia information management system assist in the automated and reliable collection, storage, presentation of a patient's medical history during the perioperative period. These are the specialized forms of electronic health record (EHR) systems that provide basic record-keeping functions and provide end-users with ready access to patient history that can be used to facilitate quality assurance and research functions. The growth of the market is therefore expected to be stimulated by this. Anesthesia monitoring equipment is a device for the purpose of providing vital information of patient monitoring when they are subjected to anesthesia.

Anesthesia Monitoring Devices Market Revenue Analysis

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The growth of this industry is expected to be further stimulated by technological progress. For example, prior to that time, basic pneumatic devices with discrete units for monitoring vital signs such as heart rate, respiratory rate, blood pressure, body temperature, movement and urine volume during preoperative care were anaesthesia monitors. However, today's integrated equipment with advanced monitoring capabilities and Decision Support Systems (DSS) not only monitors more complex parameters such as transcutaneous oxygen saturation, inhalation anaesthesia or end-tidal concentrations of carbon dioxide and oxygen but also provides data to help healthcare professionals make decisions about therapeutic intervention.



  • Market growth is being driven by an increase in the number of chronic diseases

  • Increasing the number of procedures to drive market growth

The increase in the number of surgical procedures worldwide is one of the key factors that are likely to have a positive impact on the growth of the market for anesthesia monitors. The increase in the number of operations is due, for example, to an increase in the number of diseases, such as heart disease and cancer. Globally, approximately 310 million major surgical procedures are performed each year, approximately 40 to 50 million in the United States and approximately 20 million in Europe, according to the National Institute of Health NIH. Consequently, the growth of the market will be driven by an increase in or a greater adoption of anesthesia monitoring devices.


  • Accessibility of Traditional Methods

  • Market growth is hampered by the availability of conventional techniques

The availability of conventional techniques is a factor that hinders the growth of the global anesthesia monitoring device market. The new monitoring devices require well educated and trained anesthesiologists who have a good understanding of electronics and innovative techniques to operate them. The lack of anaesthesiologists worldwide makes it difficult for physicians to switch to novel techniques, which is leading to a rapid increase in the use of conventional techniques worldwide. Furthermore, conventional techniques for anaesthesia monitoring continue to be used by a number of physicians.


  • The number of the elderly in the world is increasing

  • The growing preference for less complicated surgical procedures

Significant growth opportunities are expected for the players in the Global Anesthetic Monitoring Devices Market as a result of increasing preference among patients worldwide for Minimally Invasive Procedures. For example, the demand for anesthesia monitoring devices has increased due to an increase in the number of minimally invasive procedures for chronic diseases.


  • An intense or minimal competition between the region's and country's brands

  • Excessive costs of monitoring devices

The high cost of anesthesia monitoring equipment is one of the key factors that are expected to discourage growth in the global anaesthesia monitoring market. The cost of anaesthesia monitoring equipment is very high. In addition, the cost of anesthesia monitoring devices is proportionately increased by costs such as transport costs, labour costs, training costs, maintenance costs, and others. The demand for anesthesia monitoring devices is limited by high costs associated with these monitors. However, market participants are currently providing top quality products at an affordable price.

Impact of Russia-Ukraine War

The Russia Ukraine War will have a negative impact on the Russian Medical Devices sector due to worsening financial sanctions, because US and European imports account for more than half of all medicinal products. The financing decisions on the suspension of trade with Russia also have an impact on society in general. The analyses show that the media have reacted positively to Conform's decisions, whereas Coca cola which continues its operations in Russia has received a great deal of criticism for their decision and even resulted in retailers removing their products from store shelves. However, it appears that these decisions are more politically motivated than financially driven because the loss of exported Russian medical devices is not expected to have a significant impact on global sales as they represent less than 0.04% of all medical devices sold.

Economic Slowdown

Economic uncertainty tends to lead to a decrease in elective surgery and medical procedures, as patients postpone nonurgent treatments due to financial concerns, during economic downturns. The demand for anesthesia monitoring devices, which are mainly used in operating rooms, is directly affected by this reduction of surgical volume. In addition, difficulties in obtaining funding for these capital expenditures may be encountered by healthcare facilities which are subject to budgetary constraints. In times of economic slowdowns, banks and lending institutions may impose stricter credit criteria in order to hinder investment in healthcare. Moreover, manufacturers of anaesthesia monitoring devices may be subject to competition pricing pressures in the absence of increasing demand, which could squeeze profit margins and limit available R&D resources. Disruption of the supply chain is also a concern, as global supply chains can be disrupted by downturns leading to delays in production and delivery of healthcare equipment components.

Market Segmentation

By Product

  • Advanced anesthesia monitors

    • Anesthesia gas monitors

    • Depth of anesthesia

    • Standalone capnography monitors

    • Others

  • Basic anesthesia monitors

  • Integrated anesthesia workstations

In 2023, USD 319.2 million of revenue was generated by the advanced anesthesia monitoring segment. The ability to monitor the depth of anaesthesia is often included in advanced anesthesia monitoring. In order to measure the patient's level of consciousness and the depth of anaesthesia, these monitors provide several parameters, such as bispectral index BIS, entropy or spectral analysis. In addition, the integration of capnography with an anesthesia monitor can allow realtime monitoring and assist in detecting abnormalities or complications related to breathing.

By End-Use

  • Hospitals

  • Ambulatory surgical centers

  • Others

In 2023, the hospitals segment accounts for more than 72% of total market share. High growth in the segments can be attributed to increased demand for surveillance devices in surgical or anaesthesia settings. In addition, in order to improve the patient's outcomes, more and more advanced monitoring devices are being integrated into hospital environments.


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Regional Analysis:

North America is expected to gain highest market share of 43% over the forecast period owing to the increasing prevalence of chronic diseases, such as cardiovascular diseases and cancer, the region is experiencing an increase in the number of surgery procedures and a growing elderly population. For instance, according to the U.S. Centers for Disease Control and Prevention (CDC), six in ten adults in the U.S. currently live with a chronic disease such as cancer, heart disease, or diabetes. Chronic diseases are among the leading causes of death in the United States with heart disease and cancer alone accounting for around 38.0% of all deaths.

Due to the increasing burden of chronic diseases, an increase in demand for pain free surgery and new monitoring techniques being introduced in these regions, Europe and Asia Pacific are expected to experience strong growth within the global anaesthesia monitor market. For example, the increase in the number of operations is due to an increase in the number of diseases, such as heart disease and cancer. As per the World Health Organization (WHO), cancer ranks as the second most prevalent cause of mortality and morbidity in Europe, following cardiovascular diseases, accounting for over 3.8 million new diagnoses and 1.9 million fatalities annually.



North America

  • US

  • Canada

  • Mexico


  • Eastern Europe

    • Poland

    • Romania

    • Hungary

    • Turkey

    • Rest of Eastern Europe

  • Western Europe

    • Germany

    • France

    • UK

    • Italy

    • Spain

    • Netherlands

    • Switzerland

    • Austria

    • Rest of Western Europe

Asia Pacific

  • China

  • India

  • Japan

  • South Korea

  • Vietnam

  • Singapore

  • Australia

  • Rest of Asia Pacific

Middle East & Africa

  • Middle East

    • UAE

    • Egypt

    • Saudi Arabia

    • Qatar

    • Rest of the Middle East

  • Africa

    • Nigeria

    • South Africa

    • Rest of Africa

Latin America

  • Brazil

  • Argentina

  • Colombia

  • Rest of Latin America


Some of the major key players are Ambu A/S, B. Braun Melsungen AG, Draegerwerk AG & Co. KGAA., General Electric, Becton Dickinson and Company, Smith Medical, 3M Company, SunMed, Koninklijke Philips N.V., Teleflex Incorporated and other players.

Smith Medical-Company Financial Analysis

Company Landscape Analysis

Recent Developments:

In January 2023, BOMImed Inc. has signed a distribution agreement with Mindray North America. BOMImed will distribute Mindray anesthesia, monitoring and ultrasound equipment in Canada by means of this agreement. Their customer base has been expanded by both companies.

In June 2022, The FDA 510k clearance and CE Mark approval for the inclusion of Micro stream capnography technology and INVOS regional oximetry on a precision monitoring system have been granted to Medtronic and GE Healthcare. The use of micro stream capnography allows physicians to predict and prevent perioperative complications more quickly than traditional peripheral measurements. For both companies, these developments allowed them to compete more effectively.

Anesthesia Monitoring Devices Market Report Scope:

Report Attributes Details
Market Size in 2023 US$ 1.4 Billion
Market Size by 2031 US$ 2.2 Billion
CAGR CAGR of 6% From 2024 to 2031
Base Year 2023
Forecast Period 2024-2031
Historical Data 2020-2022
Report Scope & Coverage Market Size, Segments Analysis, Competitive  Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook
Key Segments • By Product (Advanced Anesthesia Monitors, Basic Anesthesia Monitors, Integrated Anesthesia Workstations)
• By End-use (Hospitals, Ambulatory Surgical Centers)
Regional Analysis/Coverage North America (US, Canada, Mexico), Europe (Eastern Europe [Poland, Romania, Hungary, Turkey, Rest of Eastern Europe] Western Europe] Germany, France, UK, Italy, Spain, Netherlands, Switzerland, Austria, Rest of Western Europe]), Asia Pacific (China, India, Japan, South Korea, Vietnam, Singapore, Australia, Rest of Asia Pacific), Middle East & Africa (Middle East [UAE, Egypt, Saudi Arabia, Qatar, Rest of Middle East], Africa [Nigeria, South Africa, Rest of Africa], Latin America (Brazil, Argentina, Colombia, Rest of Latin America)
Company Profiles Ambu A/S, B. Braun Melsungen AG, Draegerwerk AG & Co. KGAA., General Electric, Becton, Dickinson and Company, Smith Medical, 3M Company, SunMed, Koninklijke Philips N.V., Teleflex Incorporated.
KEY DRIVERS • Anesthesia Technology Is Increasingly Advanced
•Rising Interest in Pain-Free Surgery
•Making progress in automated record-keeping systems
Restraints • Accessibility of Traditional Methods
• Costly Anesthesia Monitoring Equipment

Frequently Asked Questions

Ans: The anesthesia monitoring devices market was valued at USD 1.4 billion in 2023.

Ans: The Anesthesia Monitoring Devices market is growing at a CAGR of 12.2% over the forecast period 2023-2030.

 Anesthesia Monitoring Devices Market is divided into Three segments By Product, By Application, By End User 

The market was dominated by North America due to the region's high acceptance of technology advancements.

 The orthopedics sector led the market for anesthetic equipment globally.


1. Introduction

1.1 Market Definition

1.2 Scope

1.3 Research Assumptions

2. Industry Flowchart

3. Research Methodology

4. Market Dynamics

4.1 Drivers

4.2 Restraints

4.3 Opportunities

4.4 Challenges

5. Impact Analysis

5.1 Impact of Russia-Ukraine Crisis

5.2 Impact of Economic Slowdown on Major Countries

5.2.1 Introduction

5.2.2 United States

5.2.3 Canada

5.2.4 Germany

5.2.5 France

5.2.6 UK

5.2.7 China

5.2.8 Japan

5.2.9 South Korea

5.2.10 India

6. Value Chain Analysis

7. Porter’s 5 Forces Model

8.  Pest Analysis

9. Demand Vs Supply Chain Analysis

10. Anesthesia Monitoring Devices Market Segmentation, By Product

10.1 Introduction

10.2 Trend Analysis

10.3 Advanced anesthesia monitors

10.3.1 Anesthesia gas monitors

10.3.2 Depth of anesthesia

10.3.3 Standalone capnography monitors

10.3.4 Others

10.4 Basic anesthesia monitors

10.5 Integrated anesthesia workstations

11. Anesthesia Monitoring Devices Market Segmentation, By End-use

11.1 Introduction

11.2 Trend Analysis

11.3 Hospitals

11.4 Ambulatory surgical centers

11.5 Others 

12. Regional Analysis

12.1 Introduction

12.2 North America

12.2.1 USA

12.2.2 Canada

12.2.3 Mexico

12.3 Europe

12.3.1 Eastern Europe Poland Romania Hungary Turkey Rest of Eastern Europe

12.3.2 Western Europe Germany France UK Italy Spain Netherlands Switzerland Austria Rest of Western Europe

12.4 Asia-Pacific

12.4.1 China

12.4.2 India

12.4.3 Japan

12.4.4 South Korea

12.4.5 Vietnam

12.4.6 Singapore

12.4.7 Australia

12.4.8 Rest of Asia Pacific

12.5 The Middle East & Africa

12.5.1 Middle East UAE Egypt Saudi Arabia Qatar Rest of the Middle East

12.5.2 Africa Nigeria South Africa Rest of Africa

12.6 Latin America

12.6.1 Brazil

12.6.2 Argentina

12.6.3 Colombia

12.6.4 Rest of Latin America

13. Company Profiles

13.1 Ambu A/S

13.1.1 Company Overview

13.1.2 Financial

13.1.3 Products/ Services Offered

13.1.4 SWOT Analysis

13.1.5 The SNS View

13.2 B. Braun Melsungen AG

13.2.1 Company Overview

13.2.2 Financial

13.2.3 Products/ Services Offered

13.2.4 SWOT Analysis

13.2.5 The SNS View

12.3 Draegerwerk AG & Co. KGAA.

13.3.1 Company Overview

13.3.2 Financial

13.3.3 Products/ Services Offered

13.3.4 SWOT Analysis

13.3.5 The SNS View

13.4 General Electric

13.4.1 Company Overview

13.4.2 Financial

12.4.3 Products/ Services Offered

13.4.4 SWOT Analysis

13.4.5 The SNS View

13.5 Becton Dickinson and Company

13.5.1 Company Overview

13.5.2 Financial

13.5.3 Products/ Services Offered

13.5.4 SWOT Analysis

13.5.5 The SNS View

13.6 Smith Medical

13.6.1 Company Overview

13.6.2 Financial

13.6.3 Products/ Services Offered

13.6.4 SWOT Analysis

13.6.5 The SNS View

13.7 3M Company

13.7.1 Company Overview

13.7.2 Financial

13.7.3 Products/ Services Offered

13.7.4 SWOT Analysis

13.7.5 The SNS View

13.8 SunMed

13.8.1 Company Overview

13.8.2 Financial

13.8.3 Products/ Services Offered

13.8.4 SWOT Analysis

12.8.5 The SNS View

13.9 Koninklijke Philips N.V.

13.9.1 Company Overview

13.9.2 Financial

13.9.3 Products/ Services Offered

13.9.4 SWOT Analysis

13.9.5 The SNS View

13.10 Teleflex Incorporated

13.10.1 Company Overview

13.10.2 Financial

13.10.3 Products/ Services Offered

13.10.4 SWOT Analysis

13.10.5 The SNS View

14. Competitive Landscape

14.1 Competitive Benchmarking

14.2 Market Share Analysis

14.3 Recent Developments

14.3.1 Industry News

14.3.2 Company News

14.3.3 Mergers & Acquisitions

15. Use Case and Best Practices

16. Conclusion

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Secondary Research

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Primary Research

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Data Bank Validation

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