Intensive Care Unit (ICU) Devices Market Poised to Attain Remarkable Growth of USD 11.31 Billion by 2029

PRESS RELEASE
Published August 29, 2023

Intensive Care Unit (ICU) Devices Market

As ICU Devices Market report has precise and accurate analysis of market trends, future developments, market segments and competitive analysis which suits the needs of all sizes of businesses in this industry. This report offers appropriate solutions to the complex business challenges and works toward an effortless decision-making process. This ICU Devices market research report estimates the size of the market with respect to the information on key retailer revenues, development of the industry by upstream and downstream, industry progress, key companies, key developments, along with market segments and application. All these factors are very significant when it comes to achieving a success in the competitive marketplace.

Furthermore, the recent developments, product launches, joint ventures, mergers and acquisitions employed by the several key players are explained well by systemic company profiles covered in this ICU Devices report. All this data is remarkably useful to the clients and businesses for making decisions related to revenue, investment, import, export and consumption. With a full devotion and dedication this superior ICU Devices market report is presented to the clients that extend their reach to success. Transparent, reliable and extensive market information of this ICU Devices report will definitely develop your business and improve your return on investment (ROI).

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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Key Growth Drivers:

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. 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)

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The 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:

  1. North America: United States, Canada, and Mexico.
  2. Europe: Germany, France, United Kingdom, Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, and other European countries.
  3. Asia-Pacific (APAC): China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, and other Asia-Pacific countries.
  4. 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.
  5. South America: Brazil, Argentina, and other countries in South America.

North America dominates the intensive care unit (ICU) Devices market due to the high prevalence of patients suffering from cardiovascular and other diseases along with adoption of advanced technology. Asia-Pacific 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.

TABLE OF CONTENTS

Part 01: Executive Summary

Part 02: Scope of The Report

Part 03: Research Methodology

Part 04: Market Landscape

Part 05: Pipeline Analysis

Part 06: Market Sizing

Part 07: Five Forces Analysis

Part 08: Market Segmentation

Part 09: Customer Landscape

Part 10: Regional Landscape

Part 11: Decision Framework

Part 12: Drivers And Challenges

Part 13: Market Trends

Part 14: Vendor Landscape

Part 15: Vendor Analysis

Part 16: Appendix

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