The US general anesthesia drugs market is expected to gain considerable traction across the assessment period of 2020-2030 on the back of various factors such as the increasing geriatric population and the rising prevalence of cardiovascular disorders in the US.
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As per the statistics by the American Heart Association, 92.1 mn adults were suffering from some type of cardiovascular disorder in 2018 in the U.S. Thus, these statistics point out the increasing incidences of cardiovascular diseases. General anesthesia drugs are prominently used during surgeries related to cardiovascular disorders. Hence, the growing incidence of cardiovascular diseases is directly proportional to an increase in the demand for general anesthesia drugs.
Anesthesia is a drug causing reversible loss of sensation. General anesthesia is the most significant form of anesthesia used across various segments. Therefore, this factor brings tremendous growth prospects for the US general anesthesia drugs market.
Increased Funding Across US General Anesthesia Drugs Market to Generate Growth Prospects
The rising popularity of general anesthesia drugs and the growing demand in the U.S. will bring immense growth opportunities for the US general anesthesia drugs market. Various investment firms and conglomerates are funding the players in the US general anesthesia drugs market to get good returns in the future, which eventually propels the research and development activities, leading to novel discoveries and launches.
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Magnifying Prevalence of Cardiovascular Diseases among Geriatric Population to Boost Growth Opportunities across US General Anesthesia Drugs Market
The geriatric population is more vulnerable to cardiovascular diseases and disorders. As per the findings of the U.S. Census Bureau, nearly 40.3 mn U.S. residents were in the 65 years and older category in 2010 and the number increased to over 54 mn in 2019. Thus, the expanding geriatric population will help in increasing the growth rate of the US general anesthesia drugs market.