Market Introduction
Critical care equipment includes cardiac support, patient monitoring, respiratory support, emergency resuscitation devices, pain management, and other life support equipment designed to care for critically ill patients or have undergone a major surgical procedure, thereby requiring 24-hour care monitoring. These devices help in preventing any serious injury or death of the patient. They are essential in all healthcare facilities like hospitals, clinics, and others.
Market Overview and Dynamics
The Asia Pacific critical care equipment market is expected to reach US$ 10,552.25 million in 2027 from US$ 4,602.61 million in 2019. The market is estimated to grow with a CAGR of 10.2% from 2020-2027. The growth of the market is attributed to some key driving factors such as growing prevalence of respiratory illnesses and high growth in diabetes and the aging population are key driving factors. However, the reformed government policies post the covid-19 pandemic is expected to obstruct the growth of the market to a certain extent during the forecast years.
Key Market Segments
Based on product, the critical care equipment market is segmented into ventilators, patient monitor systems, infusion pumps, and others. Based on application, the critical care equipment market, is segmented into cardiology, pulmonology, orthopedics, neurology, and others. Based on end-user, the critical care equipment market, is segmented into hospitals, ambulatory care centers, home care, and others.
Major Sources and Companies Listed
Some of the major primary and secondary sources for critical care equipment market included in the report are International Civil Aviation Organization (ICAO), Worldometers, Invest India, World Population Prospects, and others.
Reasons to buy the report
- To understand the Asia Pacific critical care equipment market landscape and identify market segments that are most likely to guarantee a strong return
- Stay ahead of the race by comprehending the ever-changing competitive landscape for critical care equipment market
- Efficiently plan M&A and partnership deals in Asia Pacific critical care equipment market by identifying market segments with the most promising probable sales
- Helps to take knowledgeable business decisions from perceptive and comprehensive analysis of market performance of various segment form Critical care equipment market
- Obtain market revenue forecast for market by various segments from 2019 to 2027 in Asia Pacific region
ASIA PACIFIC CRITICAL CARE EQUIPMENT MARKET SEGMENTATION
By Product
- Cardiology
- Pulmonology
- Neurology
- Orthopaedic
- Others
- Hospitals
- Ambulatory Care Centers
- Home Care
- Others
- Asia Pacific
- China
- Japan
- India
- South Korea
- Australia
Company Profiles
- General Electric Company
- Medtronic
- Braun Melsungen AG
- Baxter International Inc
- Hamilton Medical
- Getinge AB
- Koninklijke Philips N.V
- Asahi Kasei Corporation
- Shenzhen Mindray Biomedical Electronics Co., Ltd