Global Intensive Care Unit Equipment Market Size study&Forecast, by Product (Ventilators, Pulse oximeters, Dialysis Equipment, Others, Beds) by Application (Cardiology, Respiratory, Oncology, Trauma, Others), by End User (Hospitals, Specialty Clinics)and

Global Intensive Care Unit Equipment Market Size study&Forecast, by Product (Ventilators, Pulse oximeters, Dialysis Equipment, Others, Beds) by Application (Cardiology, Respiratory, Oncology, Trauma, Others), by End User (Hospitals, Specialty Clinics)and Regional Analysis, 2022-2029

Global Intensive Care Unit Equipment Market is valued at approximately USD 6.6 billion in 2021 and is anticipated to grow with a healthy growth rate of more than 3.9% over the forecast period 2022-2029.Intensive Care Unit Equipment are special wards in hospitals with sophisticated monitoring equipment and trained professionals in the healthcare sector to treat and manage severe illnesses of patients. The types of equipment included in ICU are ventilators, respiratory and cardiac support, monitors, and other life support equipmentto care for serious patients. The ICU treatment depends on the condition and illness of the patients, they can either be shifted from the emergency room or can be directly sent to ICU. Additionally, increasing incidences of chronic respiratory disorders and the growing geriatric population aredriving the demand for Intensive Care Unit (ICU) Equipment.

The increasing incidences of chronic respiratory diseases among the population are driving the need for Intensive Care Unit (ICU) Equipment. Patients’ serious conditions and illnessessurge the demand forthe ICU for proper care. For instance, in 2007 some 300 million people suffered from asthma. These life-threatening illnessesamong the patients lead to ICU care further creating the need forICU equipment. The growing geriatric population is also a major driver for Intensive Care Unit (ICU) equipment. According to a study by World Health Organization (WHO), the world’s ageingpopulation is expected to be doubled over 60 years. India’s senior population has been increasing consistently since 1961. The prevailing diseases among the aging population boost the demand for ICU equipmentto be saved from death. Moreover, continuous advancements, formulations, and rising number of hospitals fuel the demand for Intensive Care Unit (ICU) Equipments. However, the high cost of Intensive Care Unit Equipment stifles market growth throughout the forecast period of 2022-2029.

The key regions considered for the Global Intensive Care Unit Equipment Market study includes Asia Pacific, North America, Europe, Latin America, and Rest of the World.North America dominated themarket for Intensive care unit equipmentowing to the COVID-19 impact. The risein production and manufacturing of various ICU equipmentby companies is surging the market demand of this region. However, the growing geriatric population and prevailing chronic disorders were also the major drivers. Asia-Pacific is anticipated to be the fastest-growing region. Due to the prevalence of chronic diseases and the rising number of hospitals in this region the market for Intensive Care Unit (ICU) was boosted.
Major market player included in this report are:
Medtronic plc
Baxter International Inc.
Getinge AB
B. Braun Melsungen AG
Edwards Lifesciences Corporation
General Electric Company
Invacare Corporation
Medline Industries, Inc.
Koninklijke Philips N.V.,
Nihon Kohden Corporation

Recent Developments in the Market:
In July 2021, a new product launch was announced by Medtronic Plc, a global leader in the medical sector. A Prevail™ drug-coated balloon (DCB) Catheter to treat coronary arteries in patients suffering coronary artery disease (CAD).
In December 2021, Baxter acquired Hillromand entered intoan agreement to expand connected care and medical innovation worldwide. This combination is created to accelerate companies expansions in digital solutions to provide hospital facilities to patients at home.
Global Intensive Care Unit Equipment Market Report Scope:
Historical Data 2019-2020-2021
Base Year for Estimation 2021
Forecast period 2022-2029
Report Coverage Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
Segments Covered Product, Application, End User, Region
Regional Scope North America; Europe; Asia Pacific; Latin America; Rest of the World

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.

The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporatespotential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
ByProduct:
Ventilators
Pulse oximeters
Dialysis Equipment
Others
Beds
By Application:
Cardiology
Respiratory
Oncology
Trauma
Others
By End User:
Hospitals
Specialty Clinics
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the WorldCompanies Mentioned
Medtronic plc
Baxter International Inc.
Getinge AB
B. Braun Melsungen AG
Edwards Lifesciences Corporation
General Electric Company
Invacare Corporation
Medline Industries, Inc.
Koninklijke Philips N.V.,
Nihon Kohden Corporation

Please note:The single user license is non-downloadable and non-printable. Global Site license allows these actions.