Critical Care Equipment Market research report delivers a comprehensive study on production capacity, consumption, import and export for all major regions across the world. Report provides is a professional inclusive study on the current state for the market. Analysis and discussion of important industry like market trends, size, share, growth estimates are mentioned in the report.

The critical care equipment market was valued at US$ 21,682.65 million in 2019 and is projected to reach US$ 47,171.42 million by 2027; it is expected to grow at a CAGR of 9.5% during 2020–2027.

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Our expert team is consistently working on updated data and information on the key player’s related business processes that value the market. For future strategies and predictions, we provide a special section regarding the COVID-19 situation.

The List of Companies – Critical Care Equipment Market:

  • General Electric Company
  • Medtronic
  • B. Braun Melsungen AG
  • Baxter International Inc.
  • Koninklijke Philips N.V.
  • Getinge AB
  • Hamilton Medical
  • Löwenstein Medical UK Ltd.
  • Dragerwerk AG & Co. KGaA
  • Nihon Kohden Corporation
  • Fisher & Paykel Healthcare Limited.
  • Shenzhen Mindray Biomedical Electronics Co., Ltd.
  • BPL
  • Trivitron Healthcare
  • SKANRAY TECHNOLOGIES PVT LTD
  • Asahi Kasei Corporation

An ICU bed is equipped and staffed to be capable of ICU level care and provides mechanical ventilation along with invasive monitoring. According to the National Center for Biotechnology Information, in May 2020, Canada being at the peak of COVID-19 outbreak, the need for ICU beds has exceeded at a significant level, even with 40% self-isolation. The number of existing ICU beds in each region ranged from 0.63 to 1.85 per 10,000 people. Assuming a current occupancy rate of 80% is estimated, unoccupied ICU beds available for COVID-19 patients would vary across the region from 0.13 to 0.37 per 10,000 people.

Patients with the infection are spending an average of 15 days in ICU. According to the European Society of Anaesthesiology, the number of intensive care beds in Italy continues to grow. In Lombardy, before coronavirus spread, there were 140 private ICU beds and 500 public intensive care (ICU) beds, which increased to more than 900 by the end of March 2020.

In terms of product, the patient monitor systems segment held the largest share of the market in 2019 and it is expected to continue to be a leading shareholder during the forecast period. However, the ventilators segment is expected to register a higher CAGR in the market during the forecast period.

Application Insights:

Based on application, the global critical care equipment market is segmented into cardiology, pulmonology, neurology, orthopedic, and others. The cardiology segment held the largest share of the market in 2019, and the pulmonology segment is expected to register the highest CAGR during the forecast period. Cardiovascular intensive care is the systemic management of patients with severe cardiovascular disease (CVD), including vascular disease and heart disease. CVD is among the top causes of deaths worldwide. For instance, according to the World Health Organization, in 2016, an estimated 17.9 million people died from CVDs, representing 31% of deaths worldwide. Similarly, according to the Centers for Diseases Control and Prevention, about 655,000 Americans die from heart disease every year. To prevent death due to CVDs, an intensive care unit for severe CVD patients, namely, cardiovascular intensive care unit (CICU), is available in general hospitals. The technological developments of clinical cardiology, such as intracoronary interventional procedures and devices and invasive hemodynamic monitoring, are the major evolutions of intensive care for CVDs. Subsequently, the number of severe CVD patients admitted to CICU is growing every year. The patients in the CICU have many complications such as respiratory failure and renal failure. Therefore, trained medical staff is required to practice systemic intensive care.

Strategic Insights:

Collaborations and technology partnerships by the players in the critical care equipment market to bridge the demand-supply gap are anticipated to play a significant role in the growth of the market during the forecast period.

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Critical Care Equipment Market Segmental Overview:

The report specifically highlights the Critical Care Equipment Market share, company profiles, regional outlook, product portfolio, a record of the recent developments, strategic analysis, key players in the market, sales, distribution chain, manufacturing, production, new market entrants as well as existing market players, advertising, brand value, popular products, demand and supply, and other important factors related to the market to help the new entrants understand the market scenario better.

The report specifically highlights the Critical Care Equipment Market share, company profiles, regional outlook, product portfolio, a record of the recent developments, strategic analysis, key players in the market, sales, distribution chain, manufacturing, production, new market entrants as well as existing market players, advertising, brand value, popular products, demand and supply, and other important factors related to the market to help the new entrants understand the market scenario better.

To comprehend global Critical Care Equipment Market dynamics in the world mainly, the worldwide market is analyzed across major global regions: North America (United States, Canada and Mexico), Europe (Germany, France, United Kingdom, Russia and Italy), Asia-Pacific (China, Japan, Korea, India, Southeast Asia and Australia), South America (Brazil, Argentina), Middle East & Africa (Saudi Arabia, UAE, Egypt and South Africa)

Our Sample Report Accommodate a Brief Introduction of the research report, TOC, List of Tables and Figures, Competitive Landscape and Geographic Segmentation, Innovation and Future Developments Based on Research Methodology

Table of Contents:

  • Introduction
  • Key Takeaways
  • Research Methodology
  • Critical Care Equipment Market Landscape
  • Critical Care Equipment Market – Key Market Dynamics
  • Critical Care Equipment Market – Global Market Analysis
  • Critical Care Equipment Market – Revenue and Forecasts to 2027 – Product Type
  • Critical Care Equipment Market – Revenue and Forecasts to 2027 – Application
  • Critical Care Equipment Market – Revenue and Forecasts to 2027 – Compound
  • Critical Care Equipment Market Revenue and Forecasts to 2027 – Geographical Analysis
  • Industry Landscape
  • Critical Care Equipment Market, Key Company Profiles
  • Appendix

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Reasons to Buy this Report are as follows:

  • Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the Critical Care Equipment Market.
  • Highlights key business priorities in order to assist companies to realign their business strategies.
  • The key findings and recommendations highlight crucial progressive industry trends in the global Critical Care Equipment Market, thereby allowing players across the value chain to develop effective long-term strategies.
  • Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
  • Scrutinize in-depth global Critical Care Equipment Market trends and outlook coupled with the factors driving the market, as well as those hindering it.
  • Enhance the decision-making process by understanding the strategies that underpin security interest with respect to client products, segmentation, pricing and distribution

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