Intensive Care Unit Equipment Market - Global Growth, Trends and Forecast (2022 - 2027) By Types, By Application, By Regions and By Key Players: Resmed, BD, Teijin Pharma, Drager Medical

The Intensive Care Unit Equipment Market is expected to reach $ 9.72 billion by 2027, increasing at a CAGR of 4.2% between 2022 and 2027.

Intensive Care Unit Equipment Market Overview

Intensive care is the highest level of patient care and therapy for severely ill individuals with possibly treatable life-threatening diseases. The intensive care unit is a separate, self-contained space within a medical facility with cutting-edge, specialized amenities where patients receive this intensive care. Growing numbers of elderly people, along with chronic illness prevalence and new health concerns like the coronavirus, are boosting the expansion of the global market. For instance, Philips said in March 2020 that it would increase the manufacture of essential medical equipment to aid in the diagnosis and treatment of those who have the new coronavirus disease. By the third quarter of 2020, it had doubled hospital ventilator manufacturing and increased them by a factor of four. Patients who are facing life-threatening diseases and require round-the-clock monitoring and comprehensive treatment are provided critical care, a specialized form of medical attention. The intense care apparatus used in intensive care units provides care and continuously tracks patients' health. Cardiovascular support equipment, pain management equipment, emergency resuscitation equipment, life support, patient monitoring equipment, and respiratory support equipment are some of the major critical care items used in intensive care units. Patients with breathing issues can help or regulate their pulmonary ventilation with the aid of a ventilator, often known as a respirator or an assistive device. A ventilator has a heating mechanism, flexible breathing circuit, gas supply, alert, and monitor.

Industry News and Updates:

28 Jan 2020: Dräger Launches New ICU Ventilators and Anesthesia System at Arab Health 2020 --

Drägerwerk AG (Lübeck, Germany) launched several new products at the Arab Health 2020 (January 27 – 30, 2020) held in Dubai, UAE, including ICU ventilators and anesthesia workstation. Dräger offers anesthesia workstations, medical ventilation, patient monitoring as well as neonatal care for premature babies and newborns. At Arab Health 2020, Dräger launched the new Evita V600 and V800 ventilators designed to support daily clinical tasks in the ICU.

What are the major Applications, Types and Regions for Intensive Care Unit Equipment Market?

Market is segmented based on the type, applications, companies and regions.

By Type, it is segmented into

• Invasive Ventilator


• Non-invasive Ventilator


• ECMO Equipment


• Independent Aspirator


• Others

By Application, it is segmented into

• Hospital


• Emergency Care Center


• Other

Intensive Care Unit Equipment Market Regional Analysis

In 2020, North America accounted for around 3.65 billion USD of the global ICU equipment market. Due to the impact of COVID-19, the market in this region has experienced extraordinary growth. To fulfil the growing demand, numerous machinery and equipment manufacturers have started producing various ventilators and other ICU equipment. Additionally, the U.S.'s established healthcare infrastructure, higher prevalence of chronic diseases, and growing geriatric population are other significant factors contributing to the region's dominance in the worldwide market. For instance, the number of Americans 65 and older is expected to reach 83.7 million in 2050, which is more than double the country's predicted geriatric population in 2012. This projection comes from a study conducted by the U.S. Census Bureau.

The development of the critical care equipment market in this area is projected to be led by developed nations in Europe including Germany, the U.K., and France. The region's market growth is mostly attributable to the ageing population's growth and the patient population's increased awareness.  The critical care equipment market's revenue is expected to expand at the fastest rate in Asia Pacific. The region's market expansion is probably going to be aided by the region's growing chronic disease patient population and developing healthcare infrastructure. Due to the prevalence of a refurbished market and the consequent lower penetration of technologically advanced equipment in these countries, Latin America and the Middle East & Africa are predicted to exhibit a slower-to-moderate development in the market.

• North America
  
  
  
  
  • US
  
  
  • Canada
  
  
  
  


• Europe
  
  
  
  • Germany
  
  
  • France
  
  
  • UK
  
  
  • Italy
  
  
  • Spain
  
  
  • Rest of Europe
  
  
  
  


• Asia-Pacific
  
  
  
  • China
  
  
  • Japan
  
  
  • India
  
  
  • Australia
  
  
  • South Korea
  
  
  • Rest of Asia-Pacific
  
  
  
  


• Rest of the World
  
  
  
  • Middle East & Africa
  
  
  • Latin America
  
  
  
  

The Intensive Care Unit Equipment Market describes the factors driving the global growth opportunities in upcoming years and highlights market channels. In addition, the report analyzes market size and share, trends, by geographic region, end-use type and segment. It focuses extensively on revealing a detailed regional analysis. The Global Intensive Care Unit Equipment Market report also conducted a PESTEL analysis of the industry to study the main influencing factors and entry barriers of the industry.

What is our Intensive Care Unit Equipment Market report scope?

Key Takeaways from this Intensive Care Unit Equipment Market Report

• Evaluate Intensive Care Unit Equipment market potential through analyzing growth rates (CAGR %), Volume (Units) and Value ($M) data given at country level - for product types, end use applications and by different industry verticals.


• Understand the different dynamics influencing the market - growth driving factors, specific challenges and hidden opportunities.


• Get in-depth insights on your competitor performance – revenue, shares, business strategies, financial benchmarking, product benchmarking, SWOT analysis and more.


• Analyze the sales and distribution channels across geographies to enhance top-line revenues.


• Understand the demanding supply chain with a deep dive on the value augmentation at each, in order to optimize value and bring efficiencies in your processes.


• Get a quick outlook on the Intensive Care Unit Equipment market entropy - M&A's, deals, partnerships, product launches of all key players for the past 4 years.


• Evaluate the import-export statistics, supply-demand and competitive landscape for more than top 20 countries globally for the market.

Frequently Asked Questions

What is the growth rate of Intensive Care Unit Equipment Market?

The Intensive Care Unit Equipment Market is growing at a CAGR of 4.2% over the next 5 years.

Who are the key players in Intensive Care Unit Equipment Market?

Resmed, BD, Teijin Pharma, Drager Medical, Fisher and Paykel, Maquet Holding, Sorin Group, PARI, Mindray, MEKICS, Yuwell, ORMON, Air Liquide, Weinmann, General Electric Company, Koninklijke Philips N.V., Getinge AB, Medtronic, Fresenius SE & Co. KGaA, Shenzhen Mindray Bio-Medical Electronics Co., Ltd., HILL-ROM HOLDINGS, INC., Medline Industries, Inc., B. Braun Melsungen AG, Edwards Lifesciences Corporation, Invacare Corporation

What are the significant types of Intensive Care Unit Equipment Market?

Invasive Ventilator, Non-invasive Ventilator, ECMO Equipment, Independent Aspirator, Others

What are the major end-use applications of Intensive Care Unit Equipment Market?

Hospital, Emergency Care Center, Other

All our reports are custom made to your company needs to a certain extent, we do provide 5 free consulting hours along with purchase of each report, and this will allow you to request any additional data to customize the report as your needs.