General anaesthesia drugs are used to induce a sedative state in patients who are to go through a surgical procedure. Further, general anaesthesia drugs can be segmented into two sub-segments based on the route of administration, general anaesthesia drugs administered through the intravenous route is categorized as an intravenous anaesthetic and general anaesthesia drugs administered through inhalation is categorized as an inhalation anaesthetic. It is a must to maintain the sedative stage in the patient during a surgical procedure, usually for this stage, inhalation anaesthesia are administered to the patients; while for the induction stage, intravenous general anaesthesia s is preferred.
Future Market Insights (FMI) delivers key insights on the global general anaesthesia drugs market in its upcoming outlook titled, “General Anaesthesia Drugs Market: Global Industry Analysis and Opportunity Assessment, 2015 – 2025”. In terms of value, the global General Anaesthesia Drugs market is projected to register a healthy CAGR of 3.8% during the forecast period due to various factors, FMI’s report offers vital and detailed insights about the said factors.
Growth of the global General Anaesthesia Drugs market is primarily driven by increasing incidence of surgeries related to cardiovascular diseases, accidents, carniomaxillofacial deformities, chronic respiratory disease, and joint replacement surgeries, especially among the geriatric population. Other trends driving market growth include strategic alliances among key players in the market, manufacturers eyeing intravenous general anaesthesia drugs market share, and expansion of healthcare sector in developing countries due to growing investments by major players. In addition, surge in demand for general anaesthesia drugs in all major and moderate surgeries owing to increasing health awareness and growing disposable income is projected to result in increased spending on general anaesthesia drugs. This in turn, is expected to bolster general anaesthesia drugs market growth during the forecast period (2015–2025).
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Key players of the global general anaesthesia drugs market such as: Baxter International Inc., AstraZeneca, AbbVie Inc., B. Braun Melsungen AG, Fresenius SE & Co. KGaA, and Hospira Inc. focus on making substantial investments in research and development to enhance the general anaesthesia drug quality by minimize side effects and maximize efficacy, in order to offer competitive advantage and create high entry barriers for new players attempting to enter the general anaesthesia drugs market.