"US General Anesthesia Drugs Market by Route of Administration (Intravenous and Inhalational), End User (Hospitals, Ambulatory Surgery Centers) - Forecast to 2025", published by MarketsandMarkets™, 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.
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39 – Tables
43 – Figures
118 – Pages
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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.
Intravenous anesthesia drugs accounted for the largest share in
the 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 market in 2019
Based 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 market in 2019. The massive patient
footfall in hospitals and the increasing number of surgeries performed in these
facilities are the factors responsible for the largest share of the segment.
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The US general anesthesia drugs market is dominated by a
few established players such as Baxter International Inc. (US), Hikma
Pharmaceuticals plc (UK), Pfizer Inc. (US), Piramal Enterprises Limited (India), AbbVie (US),
Fresenius SE & Co. KGaA (Germany), Par Pharmaceutical
(US), Teva Pharmaceuticals (Israel), Viatris/Mylan
(US), Novartis AG (US), Abbott Laboratories
(US), AstraZeneca plc (US), F. Hoffmann-La Roche (Switzerland), GlaxoSmithKline plc
(UK), Gilead Sciences, Inc. (US), Bayer AG (Germany), Merck & Co.,
Inc. (Germany), Sanofi (France), Heritage Pharmaceuticals
Inc. (US), Akorn (US), and Apotex (Canada) among others.
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