Towards Healthcare
Anesthesia Devices Market to Surge USD 40.16 Bn by 2034

Anesthesia Devices Market 2025 Future Shaped by AI

Market insights predict the global anesthesia devices industry will increase from USD 17.52 billion in 2024 to USD 40.16 billion by 2034, achieving a CAGR of 8.65%. The increasing number of surgeries and advancements in medical technology drive the global market growth. The presence of a robust healthcare infrastructure and favorable government support contribute to North America’s dominance.

Category: Medical Devices Insight Code: 6205 Format: PDF / PPT / Excel

The global anesthesia devices market size is calculated at USD 17.52 billion in 2024, grew to USD 19.04 billion in 2025, and is projected to reach around USD 40.16 billion by 2034. The market is expanding at a CAGR of 8.65% between 2025 and 2034.

Anesthesia Devices Market Size 2024 to 2034

The anesthesia devices market is experiencing rapid growth due to the rising prevalence of chronic disorders and the growing need for personalized care. The burgeoning medical device sector, along with increasing investments in research activities, fosters market growth. Prominent players collaborate to access advanced technologies and develop innovative products. Artificial intelligence (AI) introduces automation into anesthesia devices, enhancing their efficiency. The growing demand for environmental sustainability presents future opportunities for market growth.

Key Takeaways

  • The anesthesia devices market will likely exceed USD 17.52 billion by 2024.
  • Valuation is projected to hit USD 40.16 billion by 2034.
  • Estimated to grow at a CAGR of 8.65% starting from 2025 to 2034.
  • North America held a major revenue share of approximately 38% in the market in 2024.
  • Asia-Pacific is expected to host the fastest-growing market in the coming years.
  • By product type, the anesthesia delivery machines segment dominated the anesthesia devices market with a share of approximately 40% in 2024.
  • By product type, the anesthesia monitors segment is expected to grow with the highest CAGR in the market during the studied years.
  • By modality, the standalone anesthesia systems segment accounted for the highest revenue share of approximately 60% in the market in 2024.
  • By modality, the portable anesthesia devices segment is expected to witness the fastest growth in the market over the forecast period.
  • By application, the general anesthesia segment registered its dominance over the global market with a share of approximately 65% in 2024.
  • By application, the regional anesthesia segment is expected to grow at the fastest CAGR in the anesthesia devices market during the forecast period.
  • By end-user, the hospitals segment contributed the biggest revenue share of approximately 55% in the market in 2024.
  • By end-user, the ambulatory surgical centers (ASCs) segment is expected to expand rapidly in the market in the coming years.

Key Indicators and Highlights

Table Scope
Market Size in 2025 USD 19.04 Billion
Projected Market Size in 2034 USD 40.16 Billion
CAGR (2025 - 2034) 8.65%
Leading Region North America by 38%
Market Segmentation By Product Type, By Modality, By Application, By End-User, By Region
Top Key Players GE HealthCare, Medtronic plc, Draegerwerk AG & Co. KGaA, Mindray Medical International, Philips Healthcare, Smiths Medical (ICU Medical), Fisher & Paykel Healthcare, B. Braun Melsungen AG, BD (Becton, Dickinson and Company), Teleflex Incorporated, Ambu A/S, Penlon Ltd., Nidek Medical Products, Heyer Medical AG, Löwenstein Medical Technology, Beijing Aeonmed Co. Ltd., Spacelabs Healthcare, Hamilton Medical AG, Intersurgical Ltd., Nihon Kohden Corporation

What are Anesthesia Devices?

The anesthesia devices market includes medical equipment used to deliver anesthetic agents, monitor patients, and ensure safe and effective anesthesia administration during surgical and diagnostic procedures. These devices encompass anesthesia machines, monitors, disposables, and accessories. Market growth is driven by the rising number of surgeries (elective, emergency, and outpatient), increasing prevalence of chronic diseases, technological advancements in anesthesia delivery (closed-loop systems, integrated monitoring), and the growing shift toward outpatient surgical centers.

Expanding Geographical Presence: International companies launch their products in foreign markets to reach a larger patient population.

  • In April 2025, Dräger announced the launch of the Atlan A100 anesthesia workstation in India to enhance patient care and optimize workflows in the operating room. The device offers advanced lung protective ventilation, low-flow anesthesia, and infection prevention measures

Increasing Collaboration: Companies collaborate to access advanced technologies and expand their product pipeline, providing enhanced care to patients.

  • In April 2025, Premier Anesthesia announced a collaboration with four key facilities in the Holzer Health System to deliver exceptional anesthesia care in hospitals and surgery centers in the region. This facilitates the employment of certified registered nurse anesthetists on the Holzer anesthesia team and enables Premier Anesthesia to work as the hospital’s practice management partner.

What is the Role of AI in the Anesthesia Devices Market?

AI plays a vital role in anesthesia devices by introducing automation and optimizing the delivery of anesthetic agents. AI and machine learning (ML) algorithms can analyze vast amounts of data and suggest anesthesia dosing based on patients’ conditions and surgical requirements. They can continuously monitor patients and predict the risk of post-operative outcomes, such as respiratory failure and delirium. This enables anesthesiologists to make proactive clinical decisions. Thus, AI and ML enhance the efficiency and precision of anesthesia devices and reduce manual errors.

Market Dynamics

Driver

Increasing Number of Surgeries

The major growth factor for the anesthesia devices market is the increasing number of surgeries. Surgeries are conducted due to the growing burden of chronic disorders and the rising geriatric population. The increasing road accidents and sports injuries also necessitate surgeries. General or local anesthesia is used depending on the type of surgery. Helsinki University Hospital (HUS) is Finland’s largest university hospital. It conducted a total of 91,572 surgeries in 2024, representing an increase of 4% from 2023. Additionally, 4.4 million Americans were treated in emergency departments for injuries involving sports and recreational equipment in 2024.

Restraint

Supply Chain Disruption

Anesthesia devices are facing supply chain disruption due to their growing demand, geopolitical issues, and evolving regulatory landscape. Shortages result in delays and cancellations of care, impacting patient safety and care.

Opportunity

What is the Future of the Anesthesia Devices Market?

The market future is promising, driven by the growing demand for environmental sustainability. Regulatory agencies impose stringent regulations on the sustainability of anesthesia devices. Conventional devices carry a risk of anesthesia leakage due to their volatile nature. This may significantly impact the environment. This encourages researchers to develop novel devices that are more sustainable and safe. Several studies have demonstrated that introducing automation into anesthesia devices has proven to be beneficial.

Segmental Insights

Which Product Type Segment Dominated the Anesthesia Devices Market?

By product type, the anesthesia delivery machines segment held a dominant presence in the market in 2024. This is due to the need for precise delivery of anesthetics and the growing demand for personalized care. Anesthesia delivery systems offer tailored anesthesia solutions to enhance clinical workflow and support optimal patient safety. This enables surgeons and anesthesiologists to meet their specific operational needs. The availability of automated devices further streamlines the delivery of anesthetics.

By product type, the anesthesia monitors segment is expected to grow at the fastest CAGR in the market during the forecast period. Patient monitoring is essential during and after anesthesia delivery. This is because anesthesia can cause rapid changes in the vital functions of patients, such as temperature, respiration rate, and pulse rate. Anesthesia monitors titrate the administration of anesthesia and detect physiologic perturbations. They enable anesthesiologists to intervene before the patient suffers harm.

Why Did the Standalone Anesthesia Systems Segment Dominate the Anesthesia Devices Market?

By modality, the standalone anesthesia systems segment held the largest revenue share of the market in 2024. This segment dominated because standalone systems are widely used in hospitals and surgical centers. They are fixed at a place and can monitor different functionalities of a patient. Standalone systems perform a wide range of functions that are not possible through portable systems. Hospitals and surgery centers have specialized infrastructure to install standalone systems.

By modality, the portable anesthesia devices segment is expected to grow with the highest CAGR in the market during the studied years. Portable devices are primarily used in ambulatory surgery centers and in resource-limited settings. They eliminate the need for a specialized infrastructure to install anesthesia devices. They are more cost-effective compared to standalone systems. They are designed to function effectively in difficult situations where conventional anesthesia machines may not be feasible.

How the General Anesthesia Segment Dominated the Anesthesia Devices Market?

By application, the general anesthesia segment contributed the biggest revenue share of the market in 2024. The segmental growth is attributed to the increasing number of major surgeries, as general anesthesia requires unconsciousness and controlled ventilation. A recent study by IIT Madras found that the prevalence of C-sections across India rose from 17.2% to 21.5% in five years.General anesthesia provides complete patient comfort irrespective of the surgical duration. It also eliminates waiting for the block to set up.

By application, the regional anesthesia segment is expected to expand rapidly in the market in the coming years. The growing demand for minimally invasive surgeries, such as spinal, epidural, and nerve blocks, potentiates the need for regional anesthetics. Regional anesthetics are increasingly used in outpatient procedures. A recent study reported that a total of 30,485 spinal surgeries were performed in New York City.

Which End-User Segment Led the Anesthesia Devices Market?

By end-user, the hospitals segment led the market in 2024. Hospitals have favorable infrastructure and suitable capital investments to adopt advanced anesthesia devices. They conduct the highest number of surgeries with the presence of advanced ICU and operating rooms. Patients prefer hospitals for surgeries due to favorable reimbursement policies and the presence of skilled professionals. Skilled professionals provide multidisciplinary expertise to patients.

By end-user, the ambulatory surgical centers (ASCs) segment is expected to witness the fastest growth in the market over the forecast period. ASCs conduct minor surgeries and provide outpatient services. The availability of portable anesthesia devices propels the segment’s growth. ASCs possess specialized equipment and provide personalized care to patients.

Regional Analysis

Anesthesia Devices Market Share, By Region, 2024 (%)

Which Factors Contribute to the Anesthesia Devices Market in North America?

North America dominated the global market share by 38% in 2024. The availability of a robust healthcare infrastructure, the presence of key players, and the rising adoption of advanced technologies are the major growth factors for the market in North America. Favorable reimbursement policies by government and private organizations, and a strong surgical infrastructure, augment the market. Regulatory agencies promote the development of innovative anesthesia devices.

U.S. Market Trends

The U.S. is at the forefront of developing and evaluating innovative anesthesia devices. Of the total 1,529 clinical trials, about 305 studies related to anesthesia devices are registered in the U.S. as of September 18, 2025. Key players, such as GE Healthcare, Smiths Medical, Inc., and Abbott Laboratories, are the major contributors to the market.

Canada Market Trends

Companies like BOMImed, Medline Canada, and GE Healthcare provide advanced anesthesia devices in Canadian hospitals and surgical centers. In 2023-24, there were approximately 3.05 million acute inpatient hospitalizations in Canada, compared to 2.96 million in 2022-23. As of September 18, 2025, 63 clinical trials were registered on the clinicaltrials.gov website related to anesthesia devices in Canada.

How is the Anesthesia Devices Market Growing in Asia-Pacific?

Asia-Pacific is expected to grow at the fastest CAGR in the market during the forecast period. The rising prevalence of chronic disorders and the increasing surgical procedures boost the market. The rapidly expanding healthcare infrastructure and growing demand for cost-effective devices bolster market growth. The increasing number of medical device startups and venture capital investments contributes to the growth of the market. The presence of a large patient population base and favorable regulatory policies encourages foreign companies to launch their products in the Asia-Pacific countries.

Value Chain Analysis - Anesthesia Devices Market

R&D

Researchers develop novel anesthesia devices that incorporate physiological monitoring systems, a ventilator, and automated dose delivery.

Key Players: GE Healthcare, Mindray Medical International Limited, and Teleflex, Inc.

Clinical Trials & Regulatory Approvals

Anesthesia devices undergo clinical trials to determine their safety and efficacy profile. These devices are then approved by regulatory agencies to be used in healthcare settings.

Key Players: Recens Medical, Inc., MCRA, LLC, and Philips Healthcare

Distribution to Hospitals

After an anesthesia device gets market authorization, it is distributed to different hospitals, ASCs, specialty clinics, and surgical centers.

Patient Support & Services

Anesthesia devices provide patient support & services by streamlining tasks, such as pre-operative assessments, intraoperative monitoring, and post-operative monitoring.

Top Companies in the Anesthesia Devices Market

Anesthesia Devices Market Companies

  • GE HealthCare
  • Medtronic plc
  • Draegerwerk AG & Co. KGaA
  • Mindray Medical International
  • Philips Healthcare
  • Smiths Medical (ICU Medical)
  • Fisher & Paykel Healthcare
  • B. Braun Melsungen AG
  • BD (Becton, Dickinson and Company)
  • Teleflex Incorporated
  • Ambu A/S
  • Penlon Ltd.
  • Nidek Medical Products
  • Heyer Medical AG
  • Löwenstein Medical Technology
  • Beijing Aeonmed Co. Ltd.
  • Spacelabs Healthcare
  • Hamilton Medical AG
  • Intersurgical Ltd.
  • Nihon Kohden Corporation

Latest Announcement by Industry Leaders

Philip Silberg, CEO of Senzime, commented that the initiative to drive the next wave of clinical transformation in anesthesia care aligns with Senzime as it continues to strengthen its role as a device innovator and scientific and educational partner. The company’s new Medical Affairs team and educational platform reflect the commitment to partnering with providers to implement evidence-based practices that elevate patient outcomes.

Recent Developments in the Anesthesia Devices Market

  • In June 2025, Masimo announced results from its randomized clinical trial that demonstrate the ability of electroencephalogram (EEG)-guided anesthesia using Masimo SedLine Brain Function Monitoring to improve anesthesia administration in children undergoing surgery.
  • In February 2025, the U.S. Army Institute of Surgical Research Organ Support and Automated Technologies team collaborated with the Massachusetts Institute of Technology’s Lincoln Laboratory to develop a new device for providing regional pain control in trauma patients. The device uses AI technology to automatically guide the delivery of regional anesthetics.

Segments Covered in the Report

By Product Type

  • Anesthesia Delivery Machines
  • Anesthesia Monitors
  • Anesthesia Disposables & Consumables
  • Anesthesia Accessories

By Modality

  • Standalone Anesthesia Systems
  • Portable Anesthesia Devices

By Application

  • General Anesthesia
  • Regional Anesthesia
  • Local Anesthesia

By End-User

  • Hospitals
  • Ambulatory Surgical Centers
  • Clinics & Specialty Centers
  • Others (Military, Emergency Care, Veterinary)

By Region 

  • North America
    • U.S.
    • Canada
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Thailand
  • Europe
    • Germany
    • UK
    • France
    • Italy
    • Spain
    • Sweden
    • Denmark
    • Norway
  • Latin America
    • Brazil
    • Mexico
    • Argentina
  • Middle East and Africa (MEA)
    • South Africa
    • UAE
    • Saudi Arabia
    • Kuwait

List of Figures

  • Global Anesthesia Devices Market by Region, 2024 (%): North America 38 | Asia-Pacific 28 | Europe 22 | Latin America 6 | Middle East & Africa 6
  • Product Type Share, 2024 (%): Anesthesia Delivery Machines 40 | Anesthesia Monitors 25 | Anesthesia Disposables & Consumables 25 | Anesthesia Accessories 10
  • Modality Share, 2024 (%): Standalone Anesthesia Systems 60 | Portable Anesthesia Devices 40
  • Application Share, 2024 (%): General Anesthesia 65 | Regional Anesthesia 25 | Local Anesthesia 10
  • End-user Share, 2024 (%): Hospitals 55 | Ambulatory Surgical Centers (ASCs) 22 | Clinics & Specialty Centers 18 | Others (Military, Emergency Care, Veterinary) 5
  • Global Market Growth Contribution by Region, 2025–2034 (% of incremental revenue): Asia-Pacific 38 | North America 26 | Europe 22 | Latin America 7 | Middle East & Africa 7
  • Growth Contribution by Product Type, 2025–2034 (% of incremental revenue): Anesthesia Monitors 36 | Anesthesia Delivery Machines 34 | Anesthesia Disposables & Consumables 22 | Anesthesia Accessories 8
  • Growth Contribution by Modality, 2025–2034 (% of incremental revenue): Portable Anesthesia Devices 55 | Standalone Anesthesia Systems 45
  • Growth Contribution by Application, 2025–2034 (% of incremental revenue): General Anesthesia 50 | Regional Anesthesia 38 | Local Anesthesia 12
  • Growth Contribution by End-user, 2025–2034 (% of incremental revenue): Hospitals 48 | Ambulatory Surgical Centers (ASCs) 32 | Clinics & Specialty Centers 15 | Others (Military, Emergency Care, Veterinary) 5
  • Competitive Landscape - Global Revenue Share by Company, 2024 (%): GE HealthCare 11 | Medtronic plc 9 | Drägerwerk AG & Co. KGaA 7 | Mindray Medical International 6 | Philips Healthcare 5 | Smiths Medical (ICU Medical) 4 | Fisher & Paykel Healthcare 3 | B. Braun Melsungen AG 3 | BD (Becton, Dickinson and Company) 2 | Teleflex Incorporated 2 | Ambu A/S 2 | Penlon Ltd. 1.5 | Nidek Medical Products 1.5 | Heyer Medical AG 1.2 | Löwenstein Medical Technology 1.2 | Beijing Aeonmed Co. Ltd. 1.2 | Spacelabs Healthcare 1.0 | Hamilton Medical AG 1.0 | Intersurgical Ltd. 1.0 | Nihon Kohden Corporation 1.0 | Others 35.4
  • Market Drivers - Share of Impact on Demand, 2025–2034 (% contribution): Rising Surgical Volumes 40 | Burden of Chronic Diseases & Aging 25 | Shift to Outpatient/ASCs 15 | AI & Automation in Anesthesia 12 | Sustainability & Low-flow/Leak Mitigation 8
  • CAGR Heatmap - Share of High-Growth Opportunity Pockets, 2025–2034 (% of pipeline focus): Asia-Pacific 34 | Anesthesia Monitors 26 | Portable Devices 18 | Regional Anesthesia 14 | ASCs 8

List of Tables

  • Market Snapshot, 2024–2034 - Share of Years in Illustrated Timeline (% of displayed endpoints): 2024 30 | 2025 33 | 2034 37
  • Market Segmentation by Product Type, 2024 (%): Anesthesia Delivery Machines 40 | Anesthesia Monitors 25 | Anesthesia Disposables & Consumables 25 | Anesthesia Accessories 10
  • Market Segmentation by Modality, 2024 (%): Standalone Anesthesia Systems 60 | Portable Anesthesia Devices 40
  • Market Segmentation by Application, 2024 (%): General Anesthesia 65 | Regional Anesthesia 25 | Local Anesthesia 10
  • Market Segmentation by End-user, 2024 (%): Hospitals 55 | Ambulatory Surgical Centers (ASCs) 22 | Clinics & Specialty Centers 18 | Others (Military, Emergency Care, Veterinary) 5
  • Regional Market Distribution, 2024 (%): North America 38 | Asia-Pacific 28 | Europe 22 | Latin America 6 | Middle East & Africa 6
  • Incremental Revenue Distribution by Region, 2025–2034 (%): Asia-Pacific 38 | North America 26 | Europe 22 | Latin America 7 | Middle East & Africa 7
  • Incremental Revenue Distribution by Product Type, 2025–2034 (%): Anesthesia Monitors 36 | Anesthesia Delivery Machines 34 | Anesthesia Disposables & Consumables 22 | Anesthesia Accessories 8
  • Incremental Revenue Distribution by Modality, 2025–2034 (%): Portable Anesthesia Devices 55 | Standalone Anesthesia Systems 45
  • Incremental Revenue Distribution by Application, 2025–2034 (%): General Anesthesia 50 | Regional Anesthesia 38 | Local Anesthesia 12
  • Incremental Revenue Distribution by End-user, 2025–2034 (%): Hospitals 48 | Ambulatory Surgical Centers (ASCs) 32 | Clinics & Specialty Centers 15 | Others (Military, Emergency Care, Veterinary) 5
  • Demand Driver Attribution, 2025–2034 (% of total impact): Rising Surgical Volumes 40 | Burden of Chronic Diseases & Aging 25 | Shift to Outpatient/ASCs 15 | AI & Automation in Anesthesia 12 | Sustainability & Low-flow/Leak Mitigation 8

Tags

  • Last Updated: 23 September 2025
  • Report Covered: [Revenue + Volume]
  • Historical Year: 2021-2023
  • Base Year: 2024
  • Estimated Years: 2025-2034

Meet the Team

Shivani Zoting is a dedicated research analyst specializing in the healthcare industry. With a strong academic foundation, a B.Sc. in Biotechnology and an MBA in Pharmabiotechnology, she brings a unique blend of scientific understanding and strategy.

Learn more about Shivani Zoting

Aditi Shivarkar is a seasoned professional with over 14 years of experience in healthcare market research. As a content reviewer, Aditi plays a critical role in ensuring the quality and accuracy of all market insights and data presented by the research team.

Learn more about Aditi Shivarkar

Related Reports

FAQ's

The anesthesia devices market is worth USD 19.04 billion in 2025, and by 2034, it is forecasted to hit USD 40.16 billion, registering a CAGR of 8.65% over the decade.

North America is leading the anesthesia devices market share by 38% due to the availability of state-of-the-art research and development facilities, technological advancements, and favorable regulatory policies.

The anesthesia devices market includes 5 segments by product type, by modality, by application, by end-user, and by region.

Some key players include GE Healthcare, B. Braun Melsungen AG, and Hamilton Medical AG.

Anesthetic gases, such as nitrous oxide, halothane, isoflurane, desflurane, and sevoflurane, are used in anesthesia machines.

World Health Organization, Press Information Bureau, clinicaltrials.gov, National Institute of Health