The anesthesia monitoring devices market is expected to grow rapidly, according to a Grand View Research report.
Here are five trends:
1. The market is estimated to reach $1.9 billion by 2024.
2. The growing geriatric population and the increasing number of surgeries are predicted to boost market growth.
3. North America dominated the overall market with a revenue share of over 35 percent in 2015.
4. However, Asia Pacific is anticipated to be the fastest growing region through 2024 with a compound annual growth rate of about 11 percent.
5. Some key players operating in the anesthesia monitoring devices market include Masimo, Infinium Medical, Medtronic, GE Healthcare and Philips Healthcare.