Increasing prevalence of chronic and infectious diseases and growing number of surgical procedures are key market growth drivers

The global anesthesia CO2 absorbent market size is expected to reach USD 122.0 Million by 2028 at a CAGR of 8%, according to a new report by Reports and Data. Key factors driving the market revenue growth are increasing cases of chronic and infectious conditions, rising number of fatal accidents, growing number of surgical procedures, and increasing usage of advanced anesthetic tools and devices. Rise in geriatric population worldwide and growing prevalence of neurological conditions, cardiovascular disorders, and respiratory diseases, which require surgical intervention are some other major factors responsible for the global market growth. Rising demand for anesthesia disposables and stringent regulations regarding the use of anesthetic drugs and equipment further bolster market growth to a significant extent. For instance, the Centers for Disease Control and Prevention (CDC), Anesthesia Patient Safety Foundation, and several other regulatory bodies have imposed certain safety guidelines for the use of anesthesia disposables.

CO2 absorbents are primarily used during anesthesia administration to absorb the exhaled gases. CO2 absorbent formulations are used to minimize anesthetic waste by reducing the flow of fresh gas to closed-circuit conditions. These absorbents contain strong bases of potassium hydroxide and sodium hydroxide that help obtain labile protons from anesthetic molecules to carbon monoxide (CO). However, CO2 absorbents such as Amsorb and various others do not contain potassium hydroxide and sodium hydroxide, and, as a result, they do not produce carbon monoxide by reacting with inhaled agents.

Get a sample of the report @ https://www.reportsanddata.com/sample-enquiry-form/1365

Some Key Highlights in the Report:

Based on product type, the global anesthesia CO2 absorbent market is segmented into soda lime, medisorb, dragersorb, amsorb, litholyme, and others. The amsorb segment is forecast to register a steady CAGR of 8.6% over the forecast period mainly due to the significant role of the product in preventing the formation of toxic products when exposed to volatile anesthetic agents. Advancements in absorbent formulations and increasing preference for amsorb for use in anesthesia administration further drive revenue growth of this segment.

The hospital end-use segment dominated other end-use segments in terms of revenue in the global anesthesia CO2 absorbent market in 2020 and is expected to register fastest CAGR of 7.6% over the forecast period. Increasing availability of well-resourced and well-equipped operating rooms in hospitals, presence of skilled healthcare professionals, increasing hospital admissions for surgeries, and rising demand for favorable health coverage plans and policies are the key factors accountable for the growth of this segment.

Among regions, the North America anesthesia CO2 absorbent market accounted for the largest market in 2020. Increasing volumes of surgeries in the region, rising incidences of road mishaps, growing geriatric populace, and increasing medical tourism are the primary factors fueling the North America market growth. The Asia Pacific anesthesia CO2 absorbent market is expected to register the robust revenue CAGR of 8.6% during the forecast period, mainly due to the region's rapidly advancing healthcare infrastructure.

Some of the leading companies operating in the global anesthesia CO2 absorbent market are GE Healthcare, Armstrong Medical Ltd., Drager Medical GmbH, CareFusion, Smiths Medical Inc., Allied Healthcare, Micropore Technologies, Molecular Products Group Plc, Intersurgical, Thomasnet, and SCL International, among others.

Request a discount on the report @ https://www.reportsanddata.com/discount-enquiry-form/1365

For the purpose of this report, the global anesthesia CO2 absorbent market is segmented on the basis of product type, type, form, end-use, and region:

Product Type Outlook (Revenue, USD Million; 2020-2028)

Soda Lime

Medisorb

Dragersorb

Amsorb

Litholyme

Others

Type Outlook (Revenue, USD Million; 2020-2028)

Traditional

Premium

Form Outlook (Revenue, USD Million; 2020-2028)

Granular Form

Powered Form

End-Use Outlook (Revenue, USD Million; 2020-2028)

Hospitals

Clinics

Others

Regional Outlook (Revenue, USD Million; 2020-2028)

North America

Europe

Asia Pacific

Latin America

Middle East & Africa

Request a customization of the report @ https://www.reportsanddata.com/request-customization-form/1365

Thank you for reading our report. For customization inquiry or further information, please connect with us and we will ensure you get the report that meets your requirements.

Read More Reports:-

Apheresis Equipment Market @ https://www.medgadget.com/2020/03/apheresis-equipment-market-to-reach-usd-3-21-billion-by-2027.html

Neuroprosthetics Market @ https://www.medgadget.com/2020/03/neuroprosthetics-market-to-reach-usd-17-75-billion-by-2027.html

Hearing Amplifiers Market @ https://www.medgadget.com/2020/03/hearing-amplifiers-market-to-reach-usd-104-67-million-by-2027.html

Obesity Treatment Market @ https://www.medgadget.com/2020/03/obesity-treatment-market-to-reach-usd-23-22-billion-by-2027.html

Biodefense Market @ https://www.medgadget.com/2020/03/biodefense-market-to-reach-usd-7-97-billion-by-2027.html

About Reports and Data

Reports and Data is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target and analyze consumer behavior shifts across demographics, across industries and help client's make a smarter business decision. We offer market intelligence studies ensuring relevant and fact-based research across a multiple industries including Healthcare, Technology, Chemicals, Power and Energy. We consistently update our research offerings to ensure our clients are aware about the latest trends existent in the market. Reports and Data has a strong base of experienced analysts from varied areas of expertise.

Tags: Anesthesia CO2 Absorbent Market 2021, Europe Anesthesia CO2 Absorbent Market, Asia-Pacific Anesthesia CO2 Absorbent Market, Anesthesia CO2 Absorbent Market After COVID-19, COVID-19 Effect On Industry Anesthesia CO2 Absorbent Market, Anesthesia CO2 Absorbent Industry

See Campaign: https://www.reportsanddata.com/report-detail/anesthesia-co2-absorbent-marketContact Information:

Contact Us:

John W

Head of Business Development

Reports and Data | Web: www.reportsanddata.com

Direct Line: +1-212-710-1370

E-mail: sales@reportsanddata.com