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Report Overview

2024

Base Year

2018-2024

Historical Year

2025-2034

Forecast Year

Global Anaesthesia Drugs Market Outlook

The global anaesthesia drugs market stood at a value of nearly USD 6.08 billion in 2024. The market is further expected to grow at a CAGR of 4.2% in the forecast period of 2025-2034 to attain a value of almost USD 8.81 billion by 2034.

Anaesthesia Drugs Market

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Growing Use of Local Drugs to Augment the Global Anaesthesia Drugs Industry

On the basis of drug type, the local drug segment accounted for a significant share in the market and is anticipated to witness a steady growth over the forecast period. The growth can be attributed to the rising demand for local drugs in various applications, particularly dental surgeries. The anticipated increase in minor procedures such as filling or wisdom tooth removal is expected to bolster the demand for local anaesthetics. Meanwhile, the growing awareness about the benefits of general drugs, which include reduced intraoperative patient awareness and complete control of the airway, breathing and circulation, among others, is expected to aid the growth of the segment.

Based on the route of administration, the inhalation segment is likely to account for a significant share in the market owing to the cost-effectiveness of the method and its precise control over the anaesthetic state. Also, the inhaled anaesthetics have a low solubility in the blood and tissues, possess a protective effect and are resistant to physical and metabolic degradation, thus, further contributing to the demand growth.

North America Accounts for a Significant Share in the Global Anaesthesia Drugs Industry

North America, due to rapid technological advancements and the high healthcare expenditure, accounts for a considerable share in the market. The region is further expected to be aided by the increasing number of surgeries in countries like the United States and Canada. Meanwhile, Europe and the Asia Pacific are likely to grow at a significant rate in the forecast period owing to the ongoing healthcare reforms in the regions. The increasing focus to improve access to healthcare facilities in emerging countries of the Asia Pacific is expected to significantly contribute to the market growth in the forecast period.

Anaesthesia Drugs: Market Segmentation

Anaesthesia can be defined as the use of medicines to prevent pain during a medical procedure. Thus, the combination of medications that put a person in a sleep-like state before a surgery or some other medical procedure is known as anaesthetic drug. Anaesthetic drugs are used to ensure that a patient is in a completely unconscious state so that he/she does not feel any kind of pain.

Global Anaesthesia Drugs Market by Segment

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Based on route of administration, the market is divided into:

  • Inhalation
  • Injection
  • Others

On the basis of drug type, the industry is segmented into:

  • General Drug
  • Local Drug

While the general drug segment is further divided into propofol, sevoflurane, desflurane, dexmedetomidine, remifentanil, midazolam, and others, the local drug segment is further categorised into bupivacaine, ropivacaine, lidocaine, chloroprocaine, prilocaine, benzocaine, and others.

The significant applications of the product are:

  • General Surgery
  • Plastic Surgery
  • Cosmetic Surgery
  • Dental Surgery
  • Others

The regional markets for the product include North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

Global Anaesthesia Drugs Market by Region

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Increasing Prevalence of Gastrointestinal Diseases to Boost the Growth of the Anaesthesia Drugs Industry

The global anaesthesia drugs industry is driven by the rising prevalence of gastrointestinal diseases, such as gastroesophageal disease, liver cirrhosis, pancreatitis, and inflammatory bowel disease, among others. These diseases require intense surgery to attack the root of the disease, therefore, appropriate anaesthesia is needed for the safety of the patients. In addition, the easy availability of local drugs and the increasing hospitalisation rates are significantly contributing to the market growth. Over the forecast period, the market is expected to be aided by the rapid advancements in the healthcare industry.

Key Industry Players in the Global Anaesthesia Drugs Market

The report gives a detailed analysis of the following key players in the global anaesthesia drugs market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:

  • Pfizer Inc.
  • Fresenius SE & Co. KGaA
  • Baxter International, Inc.
  • AbbVie Inc.
  • B. Braun Melsungen AG
  • Piramal Enterprises Limited
  • Others

The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis.

Key Highlights of the Report

REPORT FEATURES DETAILS
Base Year 2023
Historical Period 2018-2024
Forecast Period 2025-2034
Scope of the Report

Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:

  • Type
  • Route of Administration
  • Application
  • End User
  • Distribution Channel
  • Region
Breakup by Type
  • General Anaesthesia Drugs
  • Local Anaesthesia Drugs
Breakup by Route of Administration
  • Inhalation
  • Intravenous
  • Topical
Breakup by Application
  • General Surgery
  • Heart Surgery
  • Plastic Surgery
  • Cosmetic Surgery
  • Dental Surgery
  • Hair Transplant Surgery
  • Others
Breakup by End User
  • Hospitals
  • Specialty Clinics
  • Dental Clinics
  • Ambulatory Surgical Centres
  • Others
Breakup by Distribution Channel
  • Hospital Pharmacy
  • Retail Pharmacy
  • Online Pharmacy
  • Others
Breakup by Region
  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East and Africa
Market Dynamics
  • Market Drivers and Constraints
  • SWOT Analysis
  • Porter’s Five Forces Model 
  • Key Demand Indicators
  • Key Price Indicators
  • Industry Events, Initiatives, and Trends 
  • Value Chain Analysis
Supplier Landscape
  • Market Structure
  • Company Profiles
    • Financial Analysis
    • Product Portfolio
    • Demographic Reach and Achievements
    • Mergers and Acquisitions
    • Certifications
Companies Covered
  • Apotex Inc.
  • Aspen Pharmacare Holdings Limited
  • Baxter International Inc.
  • Boehringer Ingelheim International GmbH
  • Braun Melsungen AG
  • Claris Lifesciences Limited
  • Eisai Co. Ltd.
  • F. Hoffmann-La Roche Ltd.
  • Fresenius SE & Co. KGaA
  • Hikma Pharmaceuticals PLC
  • Novartis AG
  • Pacira Pharmaceuticals, Inc.
  • Pfizer Inc.
  • Piramal Enterprises LTD.
  • Septodont Healthcare India Pvt. Ltd.
  • Teva Pharmaceutical Industries Limited
  • Sanofi
  • Takeda Pharmaceutical Company Limited
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*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*

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Key Questions Answered in the Report

In 2024, the global anaesthesia drugs market attained a volume of nearly USD 6.08 Billion.

The market is estimated to grow at a CAGR of 4.2% in the forecast period of 2025-2034.

The market is estimated to witness a healthy growth in the forecast period of 2025-2034 to reach USD 8.81 billion by 2034.

The major regions in the industry are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.

Inhalation, and injection, among others are the different routes of administration of the product.

General drug (propofol, sevoflurane, desflurane, dexmedetomidine, remifentanil, midazolam, and others) and local drug (bupivacaine, ropivacaine, lidocaine, chloroprocaine, prilocaine, benzocaine, and others) are the different drug types of the product.

General Surgery, Heart Surgerie, Plastic Surgery, Cosmetic Surgery, Dental Surgery and Hair Transplant Surgery, among others are the significant applications of the products.

The major players in the industry are F. Hoffmann-La Roche Ltd, Fresenius SE & Co. KGaA, Hikma Pharmaceuticals PLC, Novartis AG, Pacira Pharmaceuticals, Inc., Pfizer Inc. and among others.

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