India Anesthesia Devices Market Size (2024 - 2029)

India Anesthesia Equipment Market Analysis

The India Anesthesia Devices Market size is estimated at USD 477.74 million in 2024, and is expected to reach USD 685.85 million by 2029, growing at a CAGR of 7.5% during the forecast period (2024-2029).

COVID-19 has a large impact on all significant organ systems. Therefore, it is critical to consider the probability of postoperative problems when scheduling surgery following a COVID-19 diagnosis. According to the study "Impact of COVID-19 on Clinical Practices during Lockdown: A pan India Survey of Orthopaedic Surgeons" published in the Malaysian Orthopedic Journal in March 2021, elective surgery was canceled by the majority of hospitals (68.02%). When compared to the same period the previous year, there was a considerable decrease in the overall number of surgical procedures conducted. Due to the increase in coronavirus cases in India, all intensive care unit (ICU) ventilators and anesthetic equipment were used to provide longer-term ventilation for COVID-19 or other critically ill patients. In hospitals, there has also been an increase in the use of inhalation anesthetics for sedation during prolonged anesthesia machine ventilation. The impact of COVID-19 on surgical procedures is extensive, ranging from labour force and staffing problems to procedural prioritising and the risk of intraoperative viral transmission.

The primary growth factor for the market is the increasing technological advances in the anesthesia devices. Furthermore, the increasing number of surgeries is also boosting the market growth. The growing number of surgeries can be attributed to increasing cardiovascular diseases, accidents, and chronic conditions. According to the study titled "Estimation of the National Surgical Needs in India by Enumerating the Surgical Procedures in an Urban Community Under Universal Health Coverage" published in the World Journal of Surgery in September 2021, compared to the global average of 5000 procedures per 100,000 people, an annual total of 3646 surgeries were calculated to be required to address the surgical demands of the Indian population. The primary contributors to the surgical demands include Caesarean sections, cataract surgeries, fracture surgeries, and hernia surgeries. In India, ophthalmology (25.3%), cataract surgery (22.8%), and other eye surgeries (2.5%) are the most frequent procedures performed each year. Additionally, obstetrics and gynaecology (14.1%) and general surgery (18.3%) procedures were performed. One-fourth of all surgeries conducted on women were 691 breast and gynaecological procedures. Thus, growing number surgeries performed in India it is expected that the demand for anesthesia devices is expected to increase to performed these surgery, hence boosting the market growth over the forecast period.

Thus. all aforementioned factors expected to boost the market growth over the forecast period. However, high cost of devices and reimbursement issues restrain the market growth.

India Anesthesia Equipment Industry Segmentation

An anesthesia device is used to create and combine a fresh gas flow of medical gases and inhalational anesthetic drugs for the aim of producing and sustaining anesthesia. Anesthetic devices or anesthesia respiratory devices comprise a dosing unit, a respiratory device, and the monitoring for both the device and patient. The India Anesthesia Devices Market is segmented by Type of Anesthesia Devices (Anesthesia Machines, Anesthesia Delivery Machines, Anesthesia Ventilators, Anesthesia Monitors, and Other Devices), and Type of Disposables and Accessories (Anesthesia Circuits (Breathing Circuits), Anesthesia Masks, Endotracheal Tubes (ETTS), Laryngeal Mask Airways (LMAS), Other Accessories). The report offers the value (in USD million) for the above segments.