According to the latest study on “Critical Care Equipment Market Forecast to 2027 – COVID-19 Impact and Global Analysis – by Product, Application, and End User,” the 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. The report highlights the trends prevailing in the global critical care equipment market, and drivers and deterrents pertaining to the market growth.
Based on product, the critical care equipment market is segmented into patient monitor systems, ventilators, infusion pumps, and others. In 2019, the patient monitor systems segment accounted for a larger share of the market. The growth of the segment is attributed to rising number of launches of these products.
Growing number of ICU beds in countries with high prevalence of COVID-19 and increasing demand for ventilators for the effective management of critical COVID-19 patients are driving the growth of the critical care equipment market. However, the disruption of supply chain and logistics due to the rapid spread of COVID-19 can impede the market growth. Further, the technological innovations in critical care equipment offer significant opportunities for the growth of the global critical care equipment market.
Report has been fabricated through the in depth analysis of the market dynamics across five regions including North America, Europe, South America, Asia-Pacific, Middle East and Africa. The segmentation of the Critical Care Equipment by components, end users, and region was done based on the thorough market analysis and validation through extensive primary inputs from industry experts (key opinion leaders of companies, and stakeholders) and secondary research (global/regional associations, trade journals, technical white papers, company’s website, annual report SEC filing, and paid databases). Further, the Critical Care Equipment market has been estimated by utilizing various research methodologies and internal statistical model.
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The comprehensive list of Key Market Players along with their market overview, product protocol, key highlights, key financial issues, SWOT analysis, and business strategies:
- General Electric Company
- 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.
- Trivitron Healthcare
- SKANRAY TECHNOLOGIES PVT LTD
- Asahi Kasei Corporation
The qualitative contents for geographical analysis will cover Critical Care Equipment market trends in each region and country which includes highlights of the key players operating in the respective region/country, PEST analysis of each region which includes political, economic, social and technological factors influencing the growth of the market.
As the industry analysts estimates and extracts the data which are affecting the growth of Critical Care Equipment market for the estimated forecast period. It also covers the growth aspects of the market. In addition, it also covers the demand and supply of the market research study in the estimated forecast period. Moreover, increased demand from the consumers is also likely to be included to estimate the growth of the market for the estimated forecast period. This section majorly focuses over several developments taking place in the region including substantial development and how are these developments affecting the market. Regional analysis provides a thorough knowledge about the opportunities in business, market status & forecast, possibility of generating revenue, regional market by different end users as well as types and future forecast of upcoming years.
The report, additionally has given data on the impact of COVID 19 on the market globally. The world is facing a global health crisis unlike any in the 75-year of history. It has affected all segments of the population and is particularly detrimental to members of those social groups in the most vulnerable situations. Thus, world economy is greatly pretentious by this pandemic disease. Report includes complete data on impact of COVID 19 on Critical Care Equipment market to help users take wide decisions.
This report contains:
Market sizing for the global Critical Care Equipment Market.
Comparison of different products involved in Critical Care Equipment market
Analysis of the effects deglobalisation trends may have for Critical Care Equipment Market
Profiles of major players involved in Critical Care Equipment market
7-year CAGR forecasts for Critical Care Equipment Market
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- Progressive industry trends in the global Critical Care Equipment Market to help players develop effective long-term strategies
- Business growth strategies adopted by developed and developing markets
- Quantitative analysis of the Critical Care Equipment Market from 2020 to 2027
- Estimation of Critical Care Equipment demand across various industries
- PEST analysis to illustrate the efficacy of buyers and suppliers operating in the industry to predict market growth
- Recent developments to understand the competitive market scenario and Critical Care Equipment demand
- Market trends and outlook coupled with factors driving and restraining the growth of the Critical Care Equipment Market
- Decision-making process by understanding strategies that underpin commercial interest with regard to Critical Care Equipment Market growth
- Critical Care Equipment market size at various nodes of market
- Detailed overview and segmentation of the global Critical Care Equipment Market, as well as its dynamics in the industry
- Critical Care Equipment Market size in various regions with promising growth opportunities
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