According to SPER Market Research, the Global General Anesthesia Drugs Market for medications used during general anesthesia is expected to suffer as a result of the COVID-19 outbreak. The epidemic has imposed a burden on healthcare systems around the world due to postponed or canceled elective surgeries and decreased demand for general anesthesia medications.
The spreading pandemic has caused a drastic shift in every facet of humanity. Due to the high COVID-19 infection rate, healthcare facilities including hospitals and nursing homes now require more therapy. How business is conducted has changed as a result of COVID-19. Consumers' beliefs, behaviours, and purchasing patterns have all changed, and the majority of these new trends will continue after the pandemic. Due to widespread lockdowns throughout the pandemic, many were compelled to stay indoors.
General Anesthesia Drug Market Overview (2022-2030)
- Forecast CAGR (2022-2027): 3.7%
- Forecast Market Size (2027): 3.9 billion
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Impact of COVID-19 on the Global General Anesthesia Drug Market
In 2020, fewer surgeries were performed or postponed because of a modest decline in demand for anesthetic medicines brought on by the pandemic crisis. Approximately 28.4 million elective procedures are expected to be postponed or canceled worldwide, according to a study published in the British Journal of Surgery in May 2020. This estimate was based on a 12-week period during which COVID-19 caused the most severe disruption to hospital services. But as things get back to normal, all of the delayed elective procedures are now being finished, which leads to a rise in the number of anesthetic drugs taken.
Global General Anesthesia Drugs Market Key Segments Covered
The SPER Market Research report seeks to give market dynamics, demand, and supply forecasts for the years up to 2030. This report contains statistics on product type segment growth estimates and forecasts.
By Drug Type:
- Propofol
- Sevoflurane
- Desflurane
- Others
By Route of Administartion:
- Inhalation
- Intravenous
By Surgery Type
- Knee
- Hip Replacements
- Heart Surgery
- Cancer Surgery
- General Surgery
By End User:
- Hospitals
- Ambulatory Surgical Centres
By Region:
- North America
- Europe
- Asia-Pacific
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends, and strategies for this market. It traces the market's historic and forecast market growth by geography.
Global General Anesthesia Drugs Market Key Players:
The General Anesthesia Drug Market study provides market data by competitive landscape, revenue analysis, market segments and detailed analysis of key market players such as; Abbott Laboratories, Abbvie, Akorn, Apotex, Astra Zeneca Plc, Baxter International Inc., Bayer AG, F. Hoffmann- La Roche, Fresenius Se & Co KgaA, Gilead Science Inc., Galxo SmithKline Plc, Heritage Pharmaceutical Inc., Hikma Pharmaceuticals Plc, Merck & Co Inc., Novarits AG, Par Pharmaceuticals, Pfizer Inc., Piramal Enterprises Ltd., Sanofi, Teva Pharmaceuticals.
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General Anesthesia Drugs Market Future Outlook
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General anesthesia drugs are administered to a patient to bring state of reversible unconsciousness and unresponsiveness before and during surgery.
Sometimes based on the condition, both the routes are used simultaneously to anesthetize the patient.
General anesthesia drugs are intended to bring about analgesia or pain relief, amnesia, reversible unconsciousness, motionlessness, and inhibition of autonomic nervous system such as increased blood pressure, heart rate, and sweating, and to perform easier and safer surgery.
Read Report Overview – https://www.transparencymarketresearch.com/general-anesthsia-drugs-market.htmlCurrently, there is a lack of standardization for technique in general anesthesia management.
Further, the technological advancements in drug delivery devices, development of specific targeted drugs and patient monitoring devices for monitoring physiological parameters of patients during and after anesthesia, and minimized side effects of anesthetic drugs are drivers which are likely to boost the market growth during the forecast period.
However, lack of health care facilities in underdeveloped countries and in remote areas and few anesthetic doctors and certified anesthetic nurses per capita of population are anticipated to restrain the growth of the general anesthesia drugs market.
The rising prevalence of cancer, rapid growth in geriatric population, and increasing number of emergency surgeries are some of the major factors driving the growth of the US general anesthesia drugs.The US general anesthesia drugs market size is projected to reach USD 2.4 billion by 2025 from USD 2.0 billion in 2020, at a CAGR of 3.4% during the forecast period.Ask for PDF Brochure: - https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=713Market Segmentation: -Intravenous anesthesia drugs accounted for the largest share in the US general anesthesia drugs market in 2019.Based on the route of administration, US general anesthesia drugs market is categorized into inhalational anesthesia drugs and intravenous anesthesia drugs.
The inhalational anesthesia drugs is further categorized into sevoflurane, desflurane, isoflurane and nitrous oxide.
Similarly, intravenous anesthesia drugs are further categorized into propofol, benzodiazepines, ketamine, methohexital sodium and others intravenous general anesthesia drugs.
The intravenous segment accounted for the largest share of the market.
General intravenous anesthesia drugs are less expensive and do not require expensive machines for administration which contributes to the high market share of the segment.Hospitals accounted for the largest share in the US general anesthesia drugs market in 2019Based on end user, the US general anesthesia drugs market has been segmented into hospitals and ambulatory surgery centers.
The hospitals segment accounted for the largest share of the US general anesthesia drugs market in 2019.
