Report Highlights
The global market for ICU equipment should grow from $7.4 billion in 2021 to $9.7 billion by 2026, at compound annual growth rate (CAGR) of 5.4% for the period of 2021-2026.
Report Includes
- 83 tables
- An overview of the global intensive care unit (ICU) equipment market within the healthcare industry
- Estimation of the market size and analyses of market trends, with data from 2019-2021 with projections of compound annual growth rates (CAGRs) through 2026
- Identification of major market drivers, opportunities and challenges, industry chain structure, distribution channel, macroeconomic trends, and technological advancements that are affecting the overall ICU equipment marketplace
- Information about critical care services provided for ICU, requirement for research, education, and quality improvement, and classification, levels and equipment used for intensive care units
- Insights into changing regulatory landscape, coverage and reimbursement issues, and pricing pressure for ICU
- Detailed description of infusion pumps, smart infusion pump, and mechanical ventilators, their modes and types, and discussion on potential complications caused by ventilators
- Assessment of market potential and revenue forecast (in dollar value terms) for these critical care equipment based on product type, end user application and geographic region
- Competitive landscape of the global market, market share analysis of leading companies encompassing their successful marketing strategies, key contribution, and recent developments
- Descriptive company profiles of the major global medical equipment manufacturers and suppliers including Baxter, BD Medical, Cardinal, Drägerwerk, GE Healthcare, Medtronic, ResMed Inc., and Stryker Corp.
Report Scope
This report aims to provide a comprehensive study of the global market for ICU equipment. It describes the different types of ICU equipment (continuous patient monitors, mechanical ventilators, infusion pump and ICU beds) and their current and historical market revenues. This report does not include other medical devices used in hospitals, and market sizing is restricted to the product types mentioned above.
An in-depth analysis of the global ICU equipment market includes historical data and market projection on sales by product type, end user and region. For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors and their respective market ranks. The report also discusses technological, regulatory and economic trends that are affecting the market.
Report Synopsis
Report Metrics | Details | ||||||||||||||||||||
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Base year considered | 2020 | ||||||||||||||||||||
Forecast period considered | 2021-2026 | ||||||||||||||||||||
Base year market size | $10.4 billion | ||||||||||||||||||||
Market size forecast | $9.6 billion | ||||||||||||||||||||
Growth rate | CAGR of 5.4% from 2021 to 2026 | ||||||||||||||||||||
Units considered | $ Millions | ||||||||||||||||||||
Segments covered | Product Type, End User | ||||||||||||||||||||
Regions covered | North America, Europe, Asia-Pacific, Rest of the World (RoW) | ||||||||||||||||||||
Countries covered | U.S., Canada, Germany, France, U.K., Italy, Spain, Switzerland, Denmark, Norway, Poland, Belgium, Austria, Netherlands, Sweden, Russia, Japan, China, India, Australia, South Korea, New Zealand, Taiwan, Singapore, Malaysia, Thailand, Philippines, Indonesia, Latin America, Middle East and Africa | ||||||||||||||||||||
Key Market Drivers |
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Companies studied |
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Analyst Credentials
BCC Research Team possesses expertise and experience in life and physical science domains. They specialize in offering valuable business insights, including industry analysis, competitor intelligence, strategic and financial analysis, and opportunity assessment. The team has in-depth knowledge of various sectors, including healthcare, biotechnology, pharmaceuticals, IT, automation, advanced materials, and energy. They are proficient in qualitative and quantitative market intelligence providing clients with actionable insights. With a vast understanding of the competitive landscape, the team can support clients in making data-driven decisions to help them achieve a competitive edge in their respective markets.
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Report Highlights
The global market for ICU equipment should grow from $10.6 billion in 2020 to $18.5 billion by 2025 at compound annual growth rate (CAGR) of 11.8% for the period of 2020-2025.
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