Anesthesia CO2 Absorbent Market To Reach $117.3 Million By 2030

Anesthesia CO2 Absorbent Market Growth & Trends

The global anesthesia CO2 absorbent market is expected to reach USD 117.3 million by 2030, growing at a CAGR of 5.1% over the forecast period, according to a new report by Grand View Research, Inc. Rising geriatric population, increasing usage of regional anesthesia, and augmenting volume of surgical procedures across the globe are vital impact rendering drivers for the market. 

Anesthesia CO₂ absorbent forms a niche segment within the anesthesia disposables, the demand for which is expected to rise with increasing number of surgeries. According to the statistics provided by the WHO in collaboration with the Department of Health Policy and Management of Harvard, the global surgical volume is high and accounts for about 234 million surgeries per year. 

Furthermore, with this increase, a proportional rise in complications and deaths after surgery are being witnessed. According to the statistics provided by the U.S. Agency for Healthcare Research and Quality, one in 150 patients dies due to improper administration of anesthesia. 

The Harvard School of Public Health’s study links economic conditions of a country with volume of surgeries and states that prevalence of major surgeries is 37 times higher in countries with healthcare expenditure above USD 1,000 per person. 

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Anesthesia CO2 Absorbent Market Report Highlights

• The global anesthesia CO2 absorbent market is segmented into Soda lime, Medisorb, Dragersorb, Amsorb, Litholyme, and others. The medisorb segment held the largest market share of around 30% in 2022

• The amsorb CO2 absorbents segment is anticipated to grow at the fastest CAGR of 6.1% during the forecast period.

• North America held the largest market share of around 35% in 2022 and is expected to continue its dominance during the forecast period. Latin America is expected to be the fastest-growing regional market witnessing a lucrative CAGR of 6.4% during the forecast period.

Anesthesia CO2 Absorbent Market Segmentation

Grand View Research has segmented the global Anesthesia CO2 Absorbent Market on the basis of products and region

Anesthesia CO₂ Absorbent Product Outlook (Revenue, USD Million, 2018 - 2030)

• Soda lime

• Medisorb

• Dragersorb

• Amsorb

• Litholyme

• Others

Anesthesia CO₂ Absorbent Regional Outlook (Revenue, USD Million, 2018 - 2030)

• North America

  • U.S.

  • Canada

• Europe

  • UK

  • Germany

  • France

  • Italy

  • Spain

  • Denmark

  • Sweden

  • Norway

• Asia Pacific

  • Japan

  • China

  • India

  • Australia

  • Thailand

  • South Korea

• Latin America

  • Brazil

  • Mexico

  • Argentina

• Middle East and Africa

  • South Africa

  • Saudi Arabia

  • UAE

  • Kuwait

List of Key Players in the Anesthesia CO2 Absorbent Market

• GE HealthCare

• Drägerwerk AG & Co. KGaA

• Armstrong Medical Ltd

• Smiths Group plc

• BD (Becton Dickinson and Company)