Product Code: MDS014B
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.
Continuous patient monitors market should grow from $3.1 billion in 2021 to $4.1 billion by 2026, at a CAGR of 5.7% for the period of 2021-2026.
Mechanical ventilators market should grow from $1.2 billion in 2021 to $1.6 billion by 2026, at a CAGR of 5.5% for the period of 2021-2026.
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 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, Dragerwerk, GE Healthcare, Medtronic, ResMed Inc., and Stryker Corp.
Table of Contents
Chapter 1 Introduction
- Study Goals and Objectives
- Scope of Report
- Methodology and Information Sources
- What's New in This Update?
- Geographic Breakdown
- Analyst's Credentials
- BCC Custom Research
- Related BCC Research Reports
Chapter 2 Summary and Highlights
Chapter 3 Market and Technology Background
- Intensive Care
- Intensive Care Unit
- Physical Space
- Support and Monitoring Technology
- Critical Care Services Provided
- Research, Education and Quality Improvement
- Classification of Intensive Care Units
- Levels
- Equipment Used in Intensive Care Units
Chapter 4 Market Dynamics
- Market Drivers
- Growing and Aging Population
- Greater Incidence of Non-communicable/Chronic Diseases
- Increasing Number of Global Surgeries
- Greater Incidence of Accidents
- Growing Demand for Advanced ICU Equipment
- Rising Demand in Emerging Markets
- Market Restraints
- Changing Regulatory Landscape
- Coverage and Reimbursement Issues
- Pricing Pressure
- High Cost of ICU Equipment
- Shortage of Intensivist/Critical Care Professionals
- Key Market Trends
- Internet of Things (IoT)
- Integration of Artificial Intelligence (AI) Capabilities in Equipment
- Growing Focus on Managing Cybersecurity Risks
- Decarbonization
- Porter's Five Forces Analysis
Chapter 5 Market Breakdown by Product Type
- Overview
- Continuous Patient Monitors
- Commonly Measured Physiological Parameters
- Mechanical Ventilators
- Ventilation Modes
- Main Types of Ventilators
- Potential Complications Caused by Ventilators
- Infusion Pumps
- Smart Infusion Pump
- ICU Beds
- Smart Beds
- Market Revenue by Product Type
- Market Analysis
- Continuous Patient Monitors
- Mechanical Ventilators
- Infusion Pumps
- ICU Beds
Chapter 6 Market Breakdown by Region
- Overview
- Global Market for ICU Equipment by Region
- North America
- Europe
- Asia-Pacific
- Rest of the World
Chapter 7 Market Breakdown by End User
- Overview
- Global Market for ICU Equipment by End User
- Regional Markets for Hospitals and Surgery Centers
Chapter 8 Regulatory Structure and New Product Approvals
- Medical Device Regulations for Selected Countries
- United States
- FDA Approvals, by Product Type
- Canada
- European Union
- Japan
- China
Chapter 9 Impact of COVID-19
- Overview
- Impact on the Market for Mechanical Ventilators
- Impact on the Market for Continuous Patient Monitors
- Impact on the Market for Infusion Pumps
- Impact on the Market for ICU Beds
- Conclusion
Chapter 10 Competitive Landscape
- Overview
- Continuous Patient Monitors
- Global Company Ranking
- Selected Popular Products
- Mechanical Ventilators
- Global Company Ranking
- Selected Popular Products
- Infusion Pumps
- Global Company Ranking
- Selected Popular Products
- ICU Beds
- Global Company Ranking
- Selected Popular Products
Chapter 11 Company Profiles
- BAXTER INTERNATIONAL INC.
- BECTON DICKSON AND CO.
- B. BRAUN MELSUNGEN AG
- CARDINAL HEALTH
- DRAGERWERK AG & CO. KGAA
- FRESENIUS KABI AG
- GE HEALTHCARE
- GETINGE AB
- HAMILTON MEDICAL AG
- HILL-ROM HOLDINGS INC.
- ICU MEDICAL INC.
- KONINKLIJKE PHILIPS N.V.
- MEDTRONIC PLC
- NIHON KOHDEN CORP.
- PARAMOUNT BED HOLDINGS CO. LTD.
- RESMED INC.
- SHENZHEN MINDRAY BIO-MEDICAL ELECTRONICS CO., LTD.
- SPACELABS HEALTHCARE
- STRYKER CORP.
Chapter 12 Appendix: List of Acronyms