Towards Healthcare
Inhalation Anesthesia Market Size Leads 6.69% CAGR by 2034

Inhalation Anesthesia Market Size & Forecast (2024 - 2034)

According to market projections, the inhalation anesthesia sector is expected to grow from USD 1.64 billion in 2025 to USD 2.94 billion by 2034. In 2024, North America led the inhalation anesthesia market (53% share), with Asia-Pacific poised for rapid growth. Sevoflurane dominated by drug, while desflurane shows promising growth. Maintenance applications and hospitals held top shares, but induction and surgical centers are expanding fast.

The global inhalation anesthesia market size is calculated at USD 1.54 billion in 2024, grew to USD 1.64 billion in 2025, and is projected to reach around USD 2.94 billion by 2034. The market is expanding at a CAGR of 6.69% between 2025 and 2034. The increasing number of surgeries, growing research and development activities, and favorable government policies drive the market.

Inhalation Anesthesia Market Size 2023 - 2034

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Key Takeaways

  • North America dominated the global inhalation anesthesia market share by 53% in 2024.
  • Asia-Pacific is expected to grow at the fastest rate in the market during the forecast period.
  • By drug, the sevoflurane segment held a dominant presence in the market in 2024.
  • By drug, the desflurane segment is predicted to witness significant growth in the market over the forecast period.
  • By application, the maintenance segment held the largest share of the inhalation anesthesia market in 2024.
  • By application, the induction segment will grow at a significant growth rate in the market over the studied period.
  • By end-use, the hospitals segment led the global market in 2024.
  • By end-use, the ambulatory surgical centers segment is projected to expand rapidly in the market in the coming years.

Inhalation Anesthesia Market: Latest Innovations & Demand

Inhalation anesthesia refers to drugs used to induce or maintain general anesthesia in a patient. They are administered through a face mask, laryngeal mask airway, or tracheal tube connected to an anesthetic vaporizer and an anesthetic delivery system. Some common examples of currently used inhalation anesthesia include nitrous oxide, halothane, isoflurane, desflurane, and sevoflurane. They are called volatile anesthetics as they are liquid at room temperature and are administered using vaporizers. They are delivered to patients in an operating room or ICU for sedation, refractory bronchospasm, and control of status epilepticus unresponsive to anticonvulsant medications.

The increasing number of surgeries globally necessitates the use of inhalation anesthesia, and the demand for shorter hospital stays also increases the demand for it. The growing research and development of novel and advanced drug delivery systems boost the market. The advent of advanced technology also favors the development of novel drug delivery systems. Favorable government policies and increasing investments augment market growth.

  • In May 2023, Fresenius Kabi announced the launch of Rocuronium Bromide Injection with advanced RFID-enabled labels in the U.S. It is the first +RFID product that is compatible with Bluesight’s KitCheck product which is administered in inhalation anesthetics.
  • In March 2023, veterinary hospitals in Kannur, Kerala, announced the implementation of inhalation anesthesia, replacing regular anesthesia before surgery. The system will also be implemented in other districts of Kerala, as it is estimated to reduce death rates.
  • Piramal Pharma is one of the global leaders in inhalation anesthesia, with a product portfolio of Sevoflurane, Desflurane, and Isoflurane. The 2024 second-quarter revenue of Piramal Pharma Ltd. was Rs. 2241.75 crore, a 17.3% increase from the 2023 second quarter. The profit was recorded at Rs. 22.59 crore, a jump of 350% compared to the first quarter of 2024.

How Can AI Improve the Inhalation Anesthesia Market?

Artificial intelligence (AI) has proved its potential in the healthcare sector. Hence, numerous healthcare professionals are investigating the role of AI in the field of anesthesia. AI can predict the outcomes of inhalation anesthesia in patients, thereby improving patient outcomes. AI can also suggest the type of inhalation anesthesia to be administered and the appropriate dosing regimen. Thus, AI can assist anesthesiologists in enhancing efficiency, making more informed decisions, and reducing costs. AI can also help to monitor a patient’s vital signs during surgery. Moreover, AI and machine learning (ML) aid in developing novel drug delivery systems for administering inhalation anesthetics. Digital displays and sensors can monitor the amount of anesthesia delivered to the patient. Hence, AI can revolutionize the market by providing better outcomes and reducing manual errors.

Market Dynamics

Driver

Increasing Number of Surgeries

The major growth factor in the inhalation anesthesia market is the increasing number of surgeries leading to the growing demand for inhalation anesthesia. More than 320 million surgeries are estimated to be performed every year globally. The increasing number of surgeries is mainly due to the rising prevalence of chronic disorders such as cancer and cardiovascular disorders. Additionally, the growing geriatric population has led to an increasing number of surgeries. The geriatric population is more prone to numerous types of chronic disorders. The United Nations reported that the proportion of older people, i.e., 65 years and above, was 3.7% in the least developed countries, 9% in developing countries, and 20% in developed nations in 2023. The increasing number of road accidents also leads to several major and minor surgeries. According to the World Health Organization, around 20-50 million people suffer from road accidents with non-fatal injuries.

Total Cardiac Surgeries

Restraint

Environmental Sustainability and Lack of Anesthesiologists

The major challenges of the market are environmental sustainability and lack of anesthesiologists. The growing demand for sustainability reduces the use of inhalation anesthesia (desflurane) as they are greenhouse gases. It is found that only 5% of inhalation anesthesia is absorbed by a patient’s body, while the rest is released into the atmosphere and can linger for years, warming the planet. On the other hand, several underdeveloped and developing countries lack skilled anesthesiologists, which hinders market growth.

Opportunity

Recent Advancements

The future of the inhalation anesthesia market is promising with the recent advancements in inhalation anesthesia delivery. Several researchers are currently developing novel drug delivery systems to automate the delivery of inhalation anesthesia. The growing environmental concern demands the development of novel devices that reduce the release of harmful inhalation anesthetics into the atmosphere, reducing the wastage of gases. These recent advancements are driven by the latest technological evolution. Integrating AI in virtual reality and augmented reality technologies enables the training of anesthesiologists. This helps them deal with complex procedures and emergency scenarios. Scientists are researching extended applications of traditional inhalation anesthetics in treating chronic disorders.

Segmental Insights

Sevoflurane Segment Dominated

By drug, the sevoflurane segment held a dominant presence in the inhalation anesthesia market in 2024. Sevoflurane is a nonflammable, sweet-smelling inhalation anesthetic used to induce and maintain general anesthesia. It is widely used for pediatric patients due to its rapid and pleasant anesthetic action. It also has a faster recovery time and response to commands. It is comparatively non-irritating to the airway. Hence, it is widely preferred over desflurane. Apart from these, its affordability makes it a suitable choice.

Desflurane Segment: Significantly Growing

By drug, the desflurane segment is predicted to witness significant growth in the market over the forecast period. Desflurane is used as a maintenance anesthesia in adults and children after receiving other anesthetics. It is preferred because, compared to sevoflurane, it has a faster recovery time and is also well-tolerated as a maintenance anesthetic. Additionally, it has minimal postoperative sequelae, making it a valuable inhalation anesthetic. Desflurane offers faster wash-in and wash-out compared to sevoflurane in morbidly obese patients. All these benefits make desflurane a preferable anesthetic agent.

Maintenance Segment Held the Largest Share

By application, the maintenance segment held the largest share of the inhalation anesthesia market in 2024. Maintaining an anesthesia state is essential for surgeries where the patient remains unconscious for a longer time while also maintaining respiratory and hemodynamic stability. Maintenance is generally performed by continuous inhalation of anesthetic gases. The increasing number of major surgeries and advancements in delivery systems potentiate the demand for maintenance anesthesia.

Induction Segment: Significantly Growing

By application, the induction segment will gain a significant share of the market over the studied period. Inhalation anesthetics are also used to induce anesthesia in patients before surgery. Sevoflurane is the most commonly used inhalation anesthetic for induction. Inhalation anesthetics have reduced incidences of hypothermia and hypotension as well as lower costs compared to intravenous anesthesia, making it a preferable choice. The segmental growth is attributed to their ability to provide painless, incremental, and well-tolerated induction along with fewer adverse effects and better patient outcomes compared to intravenous anesthetics.

Hospitals Segment Led in 2024

By end-use, the hospitals segment led the global inhalation anesthesia market in 2024. Hospitals possess favorable infrastructure to install anesthesia systems, suitable capital investments, and the presence of skilled anesthesiologists, augmenting the segment’s growth. The increasing number of hospitalizations due to favorable reimbursement policies also boosts the market.

Ambulatory Surgical Centers Segment: Fastest-Growing

By end-use, the ambulatory surgical centers segment is projected to expand rapidly in the market in the coming years. Ambulatory Surgical Centers (ASCs) are facilities that provide surgical solutions, including diagnostic and preventive solutions, to patients who do not require hospitalization. The increasing number of ASCs increases the demand for inhalation anesthesia. There are more than 9600 active ASCs in the U.S. ASCs are widely preferred as they are cost-effective, have lower infection risk, and the presence of trained professionals.

Regional Insights

Inhalation Anesthesia Market NA, EU, APAC, LA, MEA Share, 2024 (%)

Rising Prevalence of Chronic Disorders Dominated North America

North America dominated the global inhalation anesthesia market share by 53% in 2024. The rising prevalence of chronic disorders, favorable government policies, and technological advancements drive the market. According to the American Cancer Society, approximately 30,300 stomach cancer cases are estimated in 2025 in the U.S. In Canada, 247,100 people were estimated to be diagnosed in 2024. The presence of key players also contributes to market growth. Key players such as AbbVie, Baxter International, and Vero Biotech hold a major market share in North America. The favorable regulatory frameworks promote the development of novel anesthetics or drug delivery systems. The Food and Drug Administration and Health Canada regulate product approvals in the U.S. and Canada, respectively.

Favorable Government Support Promotes Asia-Pacific

Asia-Pacific is expected to grow at the fastest rate in the inhalation anesthesia market during the forecast period. The rising geriatric population, increasing investments, and growing research and development activities drive the market. Favorable government support in China, India, and Japan supports the market growth. Government agencies provide incentives and funding to promote the adoption of inhalation anesthetics. Numerous research institutions and government education bodies organize symposiums and workshops to train anesthesiologists, propelling the market growth. The rising adoption of advanced technologies in Asia-Pacific potentiates the development of advanced drug delivery systems for inhalation anesthetics. Moreover, the presence of suitable manufacturing infrastructure increases foreign direct investments in Asia-Pacific countries to set up manufacturing facilities.

Inhalation Anesthesia Market Companies

Top Companies in the Inhalation Anesthesia Market

Latest Announcement by Industry Leaders

Brent V. Furse, CEO and President of Vero Biotech, commented on the launch of the Genosyl system that it will provide benefits to the anesthesiology and surgical care communities whose patients require inhaled nitric oxide in the operation room. He also said that the company was successful in addressing unmet needs to facilitate rebreathing anesthesia and providing solutions to neonatal intensive care and the acute care hospital community.

Recent Developments in the Inhalation Anesthesia Market

  • In January 2025, researchers from the Mass General Brigham and Washington University School of Medicine investigated the role of xenon gas in treating Alzheimer’s disease. Xenon gas inhalation was found to suppress neuroinflammation and reduce brain shrinkage in the Alzheimer’s mouse model.
  • In February 2023, Vero Biotech announced that it received U.S. FDA approval for its novel Genosyl system for inhaled nitric oxide (iNO) delivery. The system was developed for use with rebreathing anesthesia in the operating room setting.

Segments Covered in the Report

By Drug

  • Sevoflurane
  • Desflurane
  • Isoflurane
  • Others

By Application

  • Induction
  • Maintenance

By End-Use

  • Hospitals
  • Ambulatory Surgical Centers
  • Others

By Region

  • North America
    • US
    • Canada
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Thailand
  • Europe
    • Germany
    • UK
    • France
    • Italy
    • Spain
    • Sweden
    • Denmark
    • Norway
  • Latin America
    • Brazil
    • Mexico
    • Argentina
  • Middle East and Africa (MEA)
    • South Africa
    • UAE
    • Saudi Arabia
    • Kuwait
  • Insight Code: 5416
  • No. of Pages: 150+
  • Format: PDF/PPT/Excel
  • Last Updated: 30 January 2025
  • Report Covered: [Revenue + Volume]
  • Historical Year: 2021-2023
  • Base Year: 2024
  • Estimated Years: 2025-2034

Meet the Team

Kesiya Chacko is a healthcare market research expert with 4+ years of experience, specializing in analyzing industry trends, assessing market opportunities, and providing actionable insights for businesses in healthcare sectors.

Learn more about Kesiya Chacko

Aditi Shivarkar, with 14+ years of healthcare market research experience, ensures the accuracy, clarity, and relevance of reports. Her expertise helps businesses make informed decisions and stay competitive in healthcare sectors.

Learn more about Aditi Shivarkar

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FAQ's

Sevoflurane is an inhalation anesthetic with the fastest onset of action.

Inhalation anesthetics mainly act by hyperpolarizing neurons and reducing pacemaker neurons and post-synaptic neurons action potential, thereby excitatory synapses and enhancing inhibitory synapses.

National Library of Medicine, United Nations, American Cancer Society, World Health Organization.