The Worldwide Critical Care Equipment Industry is Expected to Reach $47+ Billion by 2027

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Nov 11, 2020, 14:00 ET

DUBLIN, Nov. 11, 2020 /PRNewswire/ -- The "Critical Care Equipment Market Forecast to 2027 - COVID-19 Impact and Global Analysis by Product, Application, and End User and Geography" report has been added to ResearchAndMarkets.com's offering.

According to this report 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.

General Electric Company, Medtronic, B. Braun Melsungen AG, Baxter International Inc., Koninklijke Philips N.V., Getinge AB, Hamilton Medical, Lowenstein Medical UK Ltd., Dragerwerk AG & Co. KGaA, Nihon Kohden Corporation, Fisher & Paykel Healthcare Limited., Shenzhen Mindray Biomedical Electronics Co., Ltd, BPL (BPL Medical Technologies), Trivitron Healthcare, Skanray Technologies Pvt Ltd, and Asahi Kasei Corporation are among the prominent players in the critical care equipment market.

These companies are focused on partnerships, product launches, collaborations, and other business strategies to sustain their position in the market. For instance, in February 2019, Medtronic plc partnered with Foxconn Industrial Internet, a business group within Foxconn Technology Group (Foxconn), and completed regulatory and quality requirements needed to start manufacturing of Medtronic Puritan Bennett 560 (PB560) ventilators for Medtronic in the US. Medtronic and Foxconn are planning to produce 10,000 PB560 ventilators over the coming years, and the ventilators would be marketed and sold by Medtronic.

Reasons to Buy

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 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

Key Topics Covered:

1. Introduction
1.1 Scope of the Study
1.2 Report Guidance
1.3 Market Segmentation
1.3.1 Critical Care Equipment Market - By Product
1.3.2 Critical Care Equipment Market - By Application
1.3.3 Critical Care Equipment Market - By End User
1.3.4 Global Critical Care Equipment Market - By Geography

2. Critical Care Equipment Market - Key Takeaways

3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research

4. Critical Care Equipment Market - Market Landscape
4.1 Overview
4.2 PEST Analysis
4.2.1 North America - PEST Analysis
4.2.2 Europe - PEST Analysis
4.2.3 Asia Pacific- PEST Analysis
4.2.4 Middle East and Africa - PEST Analysis
4.2.5 South & Central America
4.3 Expert Opinion

5. Critical Care Equipment Market - Key Market Dynamics
5.1 Market Drivers
5.1.1 Growing Number of ICU Beds in Countries with a High Prevalence of COVID-19
5.1.2 Increasing Demand for Ventilators for the Effective Management of Critical COVID-19 Patients
5.2 Market Restraints
5.2.1 Disruption of Supply Chain and Logistics due to the Rapid Spread of COVID-19
5.3 Market Opportunities
5.3.1 Technological Innovations in Critical Care Equipments
5.4 Future Trends
5.4.1 Growing Demand for Portable and Compact Ventilators with Enhanced Functionalities
5.5 Impact Analysis

6. Critical Care Equipment Market- Global Analysis
6.1 Global Critical Care Equipment Market Revenue Forecast And Analysis
6.2 Global Critical Care Equipment Market, By Geography - Forecast And Analysis
6.3 Market Positioning of Key Players

7. Critical Care Equipment market Analysis - By Product
7.1 Overview
7.2 Critical Care Equipment market Revenue Share, by Product (2019 and 2027)
7.3 Patient Monitor System
7.3.1 Overview
7.3.2 Patient Monitor System: Critical Care Equipment Market - Revenue and Forecast to 2027 (US$ Million)
7.4 Ventilators
7.4.1 Overview
7.4.2 Ventilators: Critical Care Equipment Market - Revenue and Forecast to 2027 (US$ Million)
7.5 Invasive
7.5.1 Overview
7.5.2 Invasive: Ventilator - Revenue and Forecast to 2027 (US$ Million)
7.6 Non-Invasive
7.6.1 Overview
7.6.2 Non-Invasive: Ventilator - Revenue and Forecast to 2027 (US$ Million)
7.7 Infusion Pumps
7.7.1 Overview
7.7.2 Infusion Pumps: Critical Care Equipment Market - Revenue and Forecast to 2027 (US$ Million)
7.8 Others
7.8.1 Overview
7.8.2 Others: Critical Care Equipment Market - Revenue and Forecast to 2027 (US$ Million)

8. Critical Care Equipment market Analysis - By Application
8.1 Overview
8.2 Critical Care Equipment market Revenue Share, by Application (2019 and 2027)
8.3 Cardiology
8.3.1 Overview
8.3.2 Cardiology : Critical Care Equipment Market - Revenue and Forecast to 2027 (US$ Million)
8.4 Pulmonology
8.4.1 Overview
8.4.2 Pulmonology: Critical Care Equipment Market - Revenue and Forecast to 2027 (US$ Million)
8.5 Neurology
8.5.1 Overview
8.5.2 Neurology : Critical Care Equipment Market - Revenue and Forecast to 2027 (US$ Million)
8.6 Orthopedic
8.6.1 Overview
8.6.2 Orthopedic: Critical Care Equipment Market - Revenue and Forecast to 2027 (US$ Million)
8.7 Others
8.7.1 Overview
8.7.2 Others: Critical Care Equipment Market - Revenue and Forecast to 2027 (US$ Million)

9. Critical Care Equipment market Analysis - By End User
9.1 Overview
9.2 Critical Care Equipment market Revenue Share, by End User (2019 and 2027)
9.3 Hospitals
9.3.1 Overview
9.3.2 Hospitals: Critical Care Equipment Market - Revenue and Forecast to 2027 (US$ Million)
9.4 Ambulatory Surgical Centers
9.4.1 Overview
9.4.2 Ambulatory Surgical Centers: Ventilator - Revenue and Forecast to 2027 (US$ Million)
9.5 Home care
9.5.1 Overview
9.5.2 Home care: Critical Care Equipment Market - Revenue and Forecast to 2027 (US$ Million)
9.6 Others
9.6.1 Overview
9.6.2 Others: Critical Care Equipment Market - Revenue and Forecast to 2027 (US$ Million)

10. Critical Care Equipment Market Analysis And Forecasts To 2027 - Geographical Analysis
10.1 North America: Critical Care Equipment Market
10.2 Europe: Critical Care Equipment Market
10.3 Asia Pacific: Critical Care Equipment Market
10.4 Middle East & Africa: Critical Care Equipment Market
10.5 South and Central America: Critical Care Equipment Market

11. Impact of COVID-19 Pandemic on Global Critical Care Equipment Market
11.1 North America: Impact Assessment of COVID-19 Pandemic
11.2 Europe: Impact Assessment of COVID-19 Pandemic
11.3 Asia Pacific: Impact Assessment of COVID-19 Pandemic
11.4 Rest of the World: Impact Assessment of COVID-19 Pandemic

12. Critical Care Equipment Market- Industry Landscape
12.1 Overview
12.2 Growth Strategies Done by the Companies in the Market, (%)
12.3 Organic Developments
12.3.1 Overview
12.4 Inorganic Developments
12.4.1 Overview

13. Company Profiles
13.1 General Electric Company
13.1.1 Key Facts
13.1.2 Business Description
13.1.3 Products and Services
13.1.4 Financial Overview
13.1.5 SWOT Analysis
13.1.6 Key Developments
13.2 Medtronic
13.2.1 Key Facts
13.2.2 Business Description
13.2.3 Products and Services
13.2.4 Financial Overview
13.2.5 SWOT Analysis
13.2.6 Key Developments
13.3 Braun Melsungen AG
13.3.1 Key Facts
13.3.2 Business Description
13.3.3 Products and Services
13.3.4 Financial Overview
13.3.5 SWOT Analysis
13.3.6 Key Developments
13.4 Baxter International Inc.
13.4.1 Key Facts
13.4.2 Business Description
13.4.3 Products and Services
13.4.4 Financial Overview
13.4.5 SWOT Analysis
13.4.6 Key Developments
13.5 Koninklijke Philips N.V.
13.5.1 Key Facts
13.5.2 Business Description
13.5.3 Products and Services
13.5.4 Financial Overview
13.5.5 SWOT Analysis
13.5.6 Key Developments
13.6 Getinge AB
13.6.1 Key Facts
13.6.2 Business Description
13.6.3 Products and Services
13.6.4 Financial Overview
13.6.5 SWOT Analysis
13.6.6 Key Developments
13.7 Hamilton Medical
13.7.1 Key Facts
13.7.2 Business Description
13.7.3 Products and Services
13.7.4 Financial Overview
13.7.5 SWOT Analysis
13.7.6 Key Developments
13.8 Lowenstein Medical UK Ltd.
13.8.1 Key Facts
13.8.2 Business Description
13.8.3 Products and Services
13.8.4 Financial Overview
13.8.5 SWOT Analysis
13.8.6 Key Developments
13.9 Dragerwerk AG & Co. KGaA
13.9.1 Key Facts
13.9.2 Business Description
13.9.3 Products and Services
13.9.4 Financial Overview
13.9.5 SWOT Analysis
13.9.6 Key Developments
13.10 Nihon Kohden Corporation
13.10.1 Key Facts
13.10.2 Business Description
13.10.3 Products and Services
13.10.4 Financial Overview
13.10.5 SWOT Analysis
13.10.6 Key Developments
13.11 Fisher & Paykel Healthcare Limited.
13.11.1 Key Facts
13.11.2 Business Description
13.11.3 Products and Services
13.11.4 Financial Overview
13.11.5 SWOT Analysis
13.11.6 Key Developments
13.12 Shenzhen Mindray Biomedical Electronics Co., Ltd.
13.12.1 Key Facts
13.12.2 Business Description
13.12.3 Products and Services
13.12.4 Financial Overview
13.12.5 SWOT Analysis
13.12.6 Key Developments
13.13 BPL
13.13.1 Key Facts
13.13.2 Business Description
13.13.3 Products and Services
13.13.4 Financial Overview
13.13.5 SWOT Analysis
13.13.6 Key Developments
13.14 Trivitron Healthcare
13.14.1 Key Facts
13.14.2 Business Description
13.14.3 Products and Services
13.14.4 Financial Overview
13.14.5 SWOT Analysis
13.14.6 Key Developments
13.15 SKANRAY TECHNOLOGIES PVT LTD
13.15.1 Key Facts
13.15.2 Business Description
13.15.3 Products and Services
13.15.4 Financial Overview
13.15.5 SWOT Analysis
13.15.6 Key Developments
13.16 Asahi Kasei Corporation
13.16.1 Key Facts
13.16.2 Business Description
13.16.3 Products and Services
13.16.4 Financial Overview
13.16.5 SWOT Analysis
13.16.6 Key Developments

For more information about this report visit https://www.researchandmarkets.com/r/lhi3vr

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