Global Critical Care Equipment Market to Reach $16.8 Billion by 2026
SAN FRANCISCO, June 27, 2022 /PRNewswire/ — A new market study published by Global Industry Analysts Inc., (GIA) the premier market research company, today released its report titled “Critical Care Equipment – Global Market Trajectory & Analytics”. The report presents fresh perspectives on opportunities and challenges in a significantly transformed post COVID-19 marketplace.
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Edition: 9; Released: January 2022
Executive Pool: 7852
Companies: 49 – Players covered include AKAS Medical; B. Braun Melsungen AG; BPL Medical Technologies Pvt., Ltd.; Dragerwerk AG & Co. KGaA; Fresenius Kabi AG; General Electric Company; Koninklijke Philips NV; MAQUET Holding B.V. & Co. KG; Medtronic PLC; Nihon Kohden Corporation; Skanray Technologies Pvt. Ltd.; Smiths Medical and Others.
Coverage: All major geographies and key segments
Segments: End-use (Hospitals, Ambulatory surgical centers, Clinics, Homecare settings, Other End-uses); Product (Patient Monitors, Ventilators, Infusion Pumps, Sleep apnea devices, Other Products); Type of Monitoring (Hemodynamic monitoring, Vital signs monitoring, Neurologic monitoring, Brain function monitoring)
Geographies: World; United States; Canada; Japan; China; Europe (France; Germany; Italy; United Kingdom; and Rest of Europe); Asia-Pacific; Rest of World.
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ABSTRACT-
Global Critical Care Equipment Market to Reach $16.8 Billion by 2026
Amid the COVID-19 crisis, the global market for Critical Care Equipment estimated at US$11.8 Billion, is projected to reach a revised size of US$16.8 Billion by 2026, growing at a CAGR of 5.9% over the analysis period. Patient Monitors, one of the segments analyzed in the report, is projected to record a 6.5% CAGR and reach US$5.8 Billion by the end of the analysis period. After a thorough analysis of the business implications of the pandemic and its induced economic crisis, growth in the Ventilators segment is readjusted to a revised 6.1% CAGR for the next 7-year period.
The U.S. Market is Estimated at $3.8 Billion in 2021, While China is Forecast to Reach $3 Billion by 2026
The Critical Care Equipment market in the U.S. is estimated at US$3.8 Billion in the year 2021. China, the world`s second largest economy, is forecast to reach a projected market size of US$3 Billion by the year 2026 trailing a CAGR of 5.5% over the analysis period. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 5.7% and 4.7% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 4.8% CAGR.
Infusion Pumps Segment to Reach US$3.1 Billion by the year 2026
In the global Infusion Pumps segment, USA, Canada, Japan, China and Europe will drive the 5.4% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$1.8 Billion will reach a projected size of US$2.6 Billion by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. More
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Global Industry Analysts, Inc., (www.strategyr.com) is a renowned market research publisher the world`s only influencer driven market research company. Proudly serving more than 42,000 clients from 36 countries, GIA is recognized for accurate forecasting of markets and industries for over 33 years.
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Zak Ali
Director, Corporate Communications
Global Industry Analysts, Inc.
Phone: 1-408-528-9966
www.StrategyR.com
Email: ZA@StrategyR.com
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SOURCE Global Industry Analysts, Inc.
