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DUBLIN--(BUSINESS WIRE)--Dec 2, 2022--
The "Inhalation Anesthetics: Global Strategic Business Report" has been added to ResearchAndMarkets.com's offering.
Global Inhalation Anesthetics Market to Reach $1.5 Billion by 2027
In the changed post COVID-19 business landscape, the global market for Inhalation Anesthetics estimated at US$1.2 Billion in the year 2020, is projected to reach a revised size of US$1.5 Billion by 2027, growing at a CAGR of 3.7% over the analysis period 2020-2027. Sevoflurane, one of the segments analyzed in the report, is projected to record a 3.6% CAGR and reach US$906.9 Million by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Desflurane segment is readjusted to a revised 4.3% CAGR for the next 7-year period.
The U.S. Market is Estimated at $349 Million, While China is Forecast to Grow at 3.4% CAGR
The Inhalation Anesthetics market in the U.S. is estimated at US$349 Million in the year 2020. China, the world's second largest economy, is forecast to reach a projected market size of US$273.6 Million by the year 2027 trailing a CAGR of 3.4% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 3.5% and 3% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 3.6% CAGR.
Nitrous Oxide Segment to Record 3.4% CAGR
In the global Nitrous Oxide segment, USA, Canada, Japan, China and Europe will drive the 3.4% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$138 Million in the year 2020 will reach a projected size of US$175 Million by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets.
Select Competitors (Total 41 Featured) -
Key Topics Covered:
I. METHODOLOGY
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
4. GLOBAL MARKET PERSPECTIVE
III. MARKET ANALYSIS
IV. COMPETITION
Companies Mentioned
For more information about this report visit https://www.researchandmarkets.com/r/h9qiji
View source version on businesswire.com:https://www.businesswire.com/news/home/20221202005454/en/
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KEYWORD:
INDUSTRY KEYWORD: MEDICAL DEVICES HOSPITALS HEALTH HEALTH TECHNOLOGY MEDICAL SUPPLIES
SOURCE: Research and Markets
Copyright Business Wire 2022.
PUB: 12/02/2022 01:55 PM/DISC: 12/02/2022 01:56 PM
http://www.businesswire.com/news/home/20221202005454/en