Anesthesia Drugs Market Likely to be Dominated by North America
The global anesthesia drugs market is expected to rise to a valuation of USD 4.9 billion by 2022, according to a report from Market Research Future (MRFR). The report provides a look into the global anesthesia drugs market’s historical statistics and major market drivers in order to provide reliable forecasts regarding the market’s likely growth trajectory over the forecast period from 2015 to 2022.
The Global Anesthesia Drugs Market is expected to exhibit a strong CAGR of 3.7% over the forecast period, rising from a 2015 valuation of USD 3.1 billion.
Competitive Analysis:
Leading players in the global anesthesia drugs market include Abbott Laboratories, Baxter International Inc., F. Hoffman-La Roche Ltd., AbbVie Inc., Fresenius Se & Co. KGaA, Hikma Pharmaceuticals PLC, Hospira Inc., and AstraZeneca PLC.
Segmentation:
The global anesthesia drugs market is segmented on the basis of type of anesthesia, type of drugs, route of administration, and region.
The global anesthesia drugs market has been segmented on the basis of type of anesthesia into general anesthesia, regional anesthesia, local anesthesia, and others. General anesthesia held the dominant share in the global anesthesia drugs market in 2015 and is likely to remain the most popular process over the forecast period.
On the basis of drug type, the global anesthesia drugs market is segmented into general anesthetics, local anesthetics, and others.
On the basis of route of administration, the market is segmented into inhalation, intravenous, and others. Intravenous injection is likely to remain the dominant segment of the anesthesia drugs market over the forecast period..
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Industry Updates:
In 2018, MIT researchers published a paper about using information about the individual patient’s nervous circuitry responsible for the sensation of pain to minimize the volume of anesthesia drugs used in each case. This could become a key trend in the anesthesia drugs market in the coming years due to the growing demand for personalized medicine.
