Data Bridge Market Research conducted a recent market intelligence study, thoroughly analysing the Intensive Care Unit (ICU) Devices Market. The newly published report employs an appealing layout that presents essential data using visually engaging tables, graphs, charts, and figures.
A finest market research report acts as an innovative solution for the businesses in today’s changing market place. This Intensive Care Unit (ICU) Devices report provides you with the relevant information about your niche and saves your lot of time that you may otherwise take for decision-making. The report offers a thorough synopsis on the study, analysis and estimation of the market and how it is impacting the industry. The report is generated by keeping in mind businesses of all sizes. This Intensive Care Unit (ICU) Devices report is generated by thoroughly understanding business environment which best suits the requirements of the client.
To accomplish supreme level of market insights and get know how of the best market opportunities into the specific markets, this Intensive Care Unit (ICU) Devices market research report is the perfect key. The report consists of reviews about key players in the market, major collaborations, merger and acquisitions along with trending innovation and business policies. This report comprises of a market data that provides a detailed analysis of the Intensive Care Unit (ICU) Devices industry and its impact based on applications and on different geographical regions, and systemic analysis of growth trends and future prospects. The whole Intensive Care Unit (ICU) Devices report can be divided into four major areas, which include market definition, market segmentation, competitive analysis and research methodology.
Data Bridge Market Research analyses that the intensive care unit (ICU) devices market which was USD 7.4 billion in 2021, would rocket up to USD 11.31 billion by 2029, and is expected to undergo a CAGR of 5.45% during the forecast period 2022 to 2029. In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team also includes in-depth expert analysis, patient epidemiology, pipeline analysis, pricing analysis, and regulatory framework.
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The market for intensive care unit (ICU) devices is expected to grow in the forecast period. In terms of the regional analysis, North America dominates the ICU devices market due to the high prevalence of patients suffering from cardiovascular and other diseases along with adoption of advanced technology, while APAC is expected to grow at the highest growth rate in the forecast period of 2022 to 2029 due to the prevalence of improved healthcare facilities.
In ICUs, ultrasound is a tool that is frequently employed. It serves as a simple and secure investigative tool as well as helping the doctor implant lines. The majority of the portable ultrasound devices used in intensive care might be utilised at the patient's bedside.
Key Growth Drivers:
- Increase in number of patients
In the forecast period of 2022–2029, factors such as the rising number of patients with cardiovascular and other diseases, the global geriatric population, the adoption of minimally invasive surgeries, and the prevalence of better healthcare facilities are likely to boost the growth of the intensive care unit (ICU) devices market.
- Insurance policies
On the other hand, favourable insurance company policies and the development of cutting-edge technology will increase a number of chances and fuel the expansion of the intensive care unit (ICU) devices market during the time covered by the forecast.
The report outlines the involvement of key players, including:
GENERAL ELECTRIC (U.S.), Koninklijke Philips N.V. (Netherlands), Baxter (U.S.), Drägerwerk AG & Co. KGaA (Germany), Medtronic (Ireland), Fresenius Medical Care AG & Co. KGaA (Germany), Nihon Kohden Corporation (Japan), Stryker (U.S.), BD (U.S.), Shenzhen Mindray Bio-Medical Electronics Co., Ltd. (China), ResMed (U.S.), Siemens (Germany), ICU Medical, Inc. (U.S.), Terumo Corporation (Japan), B. Braun Melsungen AG (Germany)
Key Market Segmentation
Type (Mechanical Ventilators, Cardiac Monitors, Equipment for Constant Monitoring, Feeding Tubes, Nasogastric Tubes, Suction Pumps, Drains and Catheters), End-User (Hospitals, Ambulatory Surgical Center), Application (Adult ICU, Neonatal ICU)
The Intensive Care Unit (ICU) Devices market report includes the following countries in different regions:
The regions mentioned above encompass a comprehensive coverage of key markets, offering a global perspective on the market landscape. Here's an overview of the regions and the countries they include:
- North America: United States, Canada, and Mexico.
- Europe: Germany, France, United Kingdom, Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, and other European countries.
- Asia-Pacific (APAC): China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, and other Asia-Pacific countries.
- Middle East and Africa (MEA): Saudi Arabia, United Arab Emirates (U.A.E), South Africa, Egypt, Israel, and other countries in the Middle East and Africa region.
- South America: Brazil, Argentina, and other countries in South America.
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