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Global Critical Care Equipment Market Competitive Strategies and Recent Economies by players like Philips, GE, Medtronic, B. Braun Melsungen, CSL Limited, Integra Lifesciences Corporation, among others

05-03-2019 02:35 PM CET | Health & Medicine

Press release from: Data Bridge Market Research

Global Critical Care Equipment Market Competitive Strategies and Recent Economies

Global Critical Care Equipment Market Competitive Strategies and Recent Economies

The Critical Care Equipment market research report deals with the analysis of the up-and-coming trends along with major drivers, restraints, challenges and opportunities in the market for Medical Devices industry. This Critical Care Equipment market report spans the different segments of the market analysis that today’s business demand. With the precise base year and the historic year, estimations and calculations are performed in this Critical Care Equipment report. Besides, this report attempts to find out the impact of buyers, substitutes, new entrants, competitors, and suppliers on the market. Critical Care Equipment survey provides key information about the Medical Devices industry, including very helpful and important facts and figures, expert opinions, and the latest developments across the globe.

An absolute insights and know-how of the greatest market opportunities into the relevant markets or Medical Devices industry required for successful business growth can be accomplished only with the best market research report. The Critical Care Equipment report provides market potential for each geographical region based on the growth rate, macroeconomic parameters, consumer buying patterns, their preferences for particular product and market demand and supply scenarios. All the studies performed to generate this Critical Care Equipment report are based on large group sizes and also at global level. This Critical Care Equipment market research report provides clients with the supreme level of market data and information which is specific to their niche and their business requirements.

Global Critical Care Equipment Market is expected to reach USD 13,957.4 million by 2024 from USD 8,003.5 million in 2016, at a CAGR of 7.3%.

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The major factors driving the growth of this market are rise in the ageing population and an increase in rate of chronic diseases, advanced development in multi-parameter monitors, increase in number of health care facilities across the globe. On the other hand, high cost of equipment and usage of refurbished patient monitors hinders the market growth.

Key Drivers: Global Critical Care Equipment Market

• Some of the major factors driving the market for factors such as rise in the ageing population and an increase in rate of chronic diseases, advanced development in multi-parameter monitors, increase in number of health care facilities across the globe are driving the growth of market.

• High cost of equipment and usage of refurbished patient monitors may hinder the growth of the market.

Key Points: Global Critical Care Equipment Market

• Global critical care equipment market is dominated Koninklijke Philips N.V., followed by General Electric Healthcare and Medtronic along with others such as B. Braun Melsungen, CSL Limited, Integra Lifesciences Corporation, among others.

• The global patient monitors market is expected to reach USD 4,184.0 million by 2024, from USD 2,191.4 million in 2016, growing at the highest CAGR of 8.5%.

• The global hemodynamic monitoring market is expected to reach USD 5,476.3 million by 2024, from USD 2,918.7 million in 2016, growing at a CAGR of 8.3%.

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Market Segmentation: Global Critical Care Equipment Market

• The Global critical care equipment market is segmented on the basis of product type, type of monitoring, type of patient, application end user and distribution channel. On the basis of product type, the Global critical care equipment market is segmented into patient monitors, sleep apnea devices. In 2017, patient monitors is expected to dominate the Global critical care equipment market with 27.7% market share and is expected to reach USD 4,184.0 million by 2024, growing with a CAGR of 8.5% in the forecast period 2017 to 2024.

• On the basis of type of monitoring, the Global critical care equipment market is segmented into hemodynamic monitoring, vital signs monitoring, neurologic monitoring and brain function monitoring. In 2017, hemodynamic monitoring is expected to dominate the Global critical care equipment market with 36.9% market share and is expected to reach USD 5,476.3 million by 2024, growing with the highest CAGR of 8.3% in the forecast period 2017 to 2024.

• On the basis of patient, the Global critical care equipment market is segmented into adult, geriatric and pediatric and neonates. In 2017, adult is
expected to dominate the Global critical care equipment market with 42.1% market share and is expected to reach USD 5,662.4 million by 2024, growing with a CAGR of 6.7% in the forecast period 2017 to 2024.

• On the basis of application, the Global critical care equipment market is segmented into surgeries, coronary angioplasty, atrial fibrillation, acute coronary syndrome, pulmonary embolism, deep vein thrombosis and hemodialysis. In 2017, surgeries is expected to dominate the Global critical care equipment market with 31.1% market share and is expected to reach USD 4,583.1 million by 2024, growing with the highest CAGR of 8.2% in the forecast period 2017 to 2024.

• On the basis of end-user, the Global critical care equipment market is segmented into hospitals, ambulatory surgical centres, clinics, homecare settings, trauma centre and others. In 2017, hospital is expected to dominate the Global critical care equipment market with 36.0% market share and is expected to reach USD 5,202.7 million by 2024, growing with the highest CAGR of 7.8% in the forecast period 2017 to 2024.

• On the basis of distribution channel, the Global critical care equipment market is segmented into direct tenders and distributor & retails. In 2017, direct tenders is expected to dominate the Global critical care equipment market with 67.9% market share and is expected to reach USD 9,633.3 million by 2024, growing with the highest CAGR of 7.6% in the forecast period 2017 to 2024.

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About Data Bridge Market Research:

Data Bridge Market Research set forth itself as an unconventional and neoteric Market research and consulting firm with unparalleled level of resilience and integrated approaches. We are determined to unearth the best market opportunities and foster efficient information for your business to thrive in the market. Data Bridge endeavors to provide appropriate solutions to the complex business challenges and initiates an effortless decision-making process.

Contact:

Data Bridge Market Research
Tel: +1-888-387-2818
Email: sopan.gedam@databridgemarketresearch.com

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