Inhalation Anesthesia Market Size, Share, Growth Analysis, By Application (Maintenance, Induction), By Drug (Sevoflurane, Isoflurane), By End User (Hospitals, Ambulatory Surgical Centers,), By Region -Industry Forecast 2024-2031

Drivers

• Rising Number of Surgical Procedures

A surge in incidence of chronic diseases has resulted in a high number of surgeries being performed around the world, which in turn is projected to promote the demand for inhalation anesthesia over the coming years. The crucial role of anesthesia in surgeries will create new growth opportunities.

• Advancements in Anesthesia Technologies

Growing investments in medical R&D have resulted in significant advancements in anesthesia drugs and even anesthesia delivery device technologies as well. Improved safety and efficacy of these advanced anesthesia products will also favor market development.

Restraints

• Dearth of Anesthesiologists

The number of skilled anesthesiologists available to administer inhalation anesthesia is quite low and probably even dropping in parts of the world. This absence of skilled professionals to handle inhalation anesthesia will slow down market growth potential going forward.

• High costs of Advanced Delivery Devices

Advanced inhalation anesthesia delivery devices are expensive as they use novel technologies to safely administer anesthesia and improve the product's overall efficacy. However, not all healthcare institutions have the budget for these expensive devices, which in turn, impedes inhalation anesthesia demand outlook.