slide 1: Depth of Anesthesia Monitoring Market Prominent players and Growth Strategies
According to research report the global Depth of Anesthesia Monitoring Market is projected to reach
USD 170 million by 2024 at a CAGR of 3.2 during the forecast period. The growth of this market can
largely be attributed to the rising patient pool in hospitals and the increasing number of surgeries in the
US. However depth of anesthesia monitoring devices are expensive and have considerably high
installation and maintenance costs. Owing to this their adoption is limited in small outpatient settings
and clinics.
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The prominent players operating in this market are Masimo Corporation US Shenzhen Mindray Bio-
Medical Electronics Co. Ltd. China GE Healthcare US Mennen Medical Ltd. Israel Medtronic Public
Limited Company Ireland and Philips Healthcare Netherlands. These players focused on strategic
partnerships acquisitions and the launch of new products to increase their presence and reach in the
US depth of anesthesia monitoring market.
GE Healthcare US is the only player that offers devices that can measure Entropy for DOA monitoring
and holds a major share in the US depth of anesthesia monitoring market. GE Healthcare has its
proprietary Entropy technology designed to provide information on the state of the central nervous
system during general anesthesia. The company also offers the E-BIS module which uses the BIS
expanded performance BIS XP technology to measure the effects of anesthetics and sedatives on the
brain with a four-electrode Quatro sensor. The company serves customers in more than 130 countries
across the Americas Europe Asia the Middle East and Africa.
Medtronic plc Ireland is one of the leading manufacturers of depth of anesthesia monitoring sensors
and standalone devices. In standalone devices Medtronic plc holds 100 of the market being the only
player providing BIS monitoring systems. The company has a number of strategic OEM partners and has
partnered with different patient monitoring equipment manufacturers to deliver better care through
multi-parameter and multi-use patient monitors and devices.
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Masimo Corporation US holds a large share of the market in both value and volume terms. This is
mainly due to its broad range of offerings which covers the Masimo Open Connect MOC-9 modules
including Next-generation SedLine Brain Function Monitoring. Masimo’s Root Platform is a powerful
expandable patient monitoring and connectivity hub that integrates an array of technologies devices
and systems to provide multimodal monitoring and connectivity solutions in a single clinician-centric
platform.
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