Critical Care Device Market Trends, New Opportunity, Region, Drivers, Top Companies- Becton, Dickinson and Company (US), B. Braun Melsungen AG (Germany), Baxter International Inc. (US)

The Critical Care Device Market document has been produced with the systematic gathering and analysis of information about individuals or organizations conducted through social and opinion research. The principal areas of market analysis such as market definition, market segmentation, competitive analysis, and research methodology are studied very vigilantly and precisely throughout the report. For a clear and better understanding of facts and figures, the data is represented in the form of graphs and charts. Critical Care Device Market research report assists businesses with intelligent decision making and better manage the marketing of goods which ultimately leads to growth in the business.

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COVID-19 Impact on Critical Care Device Market by Device (High-Impact Products (Ventilators, Patient Monitors, Infusion Pumps, Hyperbaric Oxygen Therapy Devices and Sleep Apnea Devices) and Low-Impact Products (Anesthesia Machines, Defibrillators and Blood Warmers)) and Region – Global Forecast to 2021

The leading players in the critical care devices market include:

Becton, Dickinson and Company (US),
B. Braun Melsungen AG (Germany),
Baxter International Inc. (US),
Fresenius Kabi (Germany),
Medtronic plc (Ireland),
ResMed (US),
Koninklijke Philips (Netherlands),
and Fisher & Paykel Healthcare (New Zealand), among others.

The global critical care devices market size is projected to reach USD 27.29 billion by 2021 from USD 37.97 billion in 2020. The market for critical care devices is driven primarily by the increasing number of ICU beds owing to the continuously rising COVID-19 cases, increasing demand for ventilators for effective management of critical COVID 19 patients, and ease of regulatory requirements to facilitate the production of critical care devices.

Critical Care Device Market report covers many business strategies such as new product launches, expansions, agreements, partnerships, joint ventures, acquisitions, and others that help to amplify their footprints in the market. This global market report additionally encompasses predictions utilizing a practical arrangement of suspicions and techniques. Depending on the client’s demand, a huge amount of business, product, and market-related information has been brought together via this report that eventually helps businesses create better strategies. Critical Care Device Market is the finest market research report which is the result of a proficient team and their potential capabilities.

“In 2019, the infusion pumps product segment accounted for the largest share of the market.”

Based on the product, the infusion pump segment accounted for the largest share of the critical care devices market in 2019. The large share of this segment can be attributed to the growing COVID-19 patient pool, increasing availability of ambulatory infusion pumps, research on plasma therapy for the treatment of COVID-19 patients, and the introduction of technologically advanced products in the market.

“In 2019, the hospitals and clinics segment accounted for the largest share of the market.”

Based on end-users, the hospital segment accounted for the largest share of the critical care devices market in 2019. The large share of this segment is attributed to the strong financial capabilities of hospitals for purchasing high-priced critical care devices, the large patient pool treated at hospitals, the increase in the number of make-shift hospitals, and the availability of trained professionals to operate these critical care devices.

“North America is projected to witness the highest growth during the forecast period.”

The North American market is estimated to register the highest CAGR during the forecast period. Factors such as the highest number of COVID-19 cases globally, the presence of a large number of key local players that can ramp up the production of these devices, increased accessibility to advanced healthcare facilities are fueling the demand for critical care devices in the APAC region.

The breakdown of primary participants was as mentioned below:

By Company Type: Tier 1–40%, Tier 2–35%, and Tier 3–25%
By Designation: C-level–25%, Director Level–55%, and Others–20%
By Region: North America–40%, Europe–25%, Asia Pacific–20%, Latin America–10%, Middle East & Africa–5%

Research Coverage:

The report analyzes the various critical care devices and their adoption patterns. It aims at estimating the market size and future growth potential of the critical care devices market for different segments such as product, end user, and region. The report also includes an in-depth competitive analysis of the key players in this market, and recent developments and key short-term strategies.

Reasons to Buy the Report

The report will enrich established firms as well as new entrants/smaller firms to gauge the pulse of the market, which, in turn, would help them garner a greater share. Firms purchasing the report could use one or any combination of the below-mentioned five strategies for strengthening the market.

This report provides insights on the following pointers:

Market Development: Comprehensive information on the lucrative emerging regions by product, end user, and region
Market Diversification: Exhaustive information about new products, growing geographies, and recent developments in the critical care devices market
Competitive Assessment: In-depth assessment of market shares, short-term growth strategies, of leading players in the critical care devices market

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Table Of Contents

1 Introduction
1.1 Covid-19 Health Assessment
1.2 Covid-19 Economic Assessment
1.2.1 Covid-19 Impact On The Economy—Scenario Assessment

2 Research Methodology
2.1 Research Approach
2.1.1 Secondary Data
2.1.1.1 Key Data From Secondary Sources
2.1.2 Primary Data
2.2 Market Size Estimation
2.3 Market Ranking Analysis
2.4 Assumptions For The Study

3 Impact Of Covid-19 Outbreak On The Critical Care Devices Market Overview
3.1 Introduction
3.2 Drivers
3.2.1 Increase In The Number Of Icu Beds In Countries With A High Prevalence Of Covid-19
3.2.2 Increasing Demand For Ventilators For The Effective Management Of Critical Covid-19 Patients
3.2.3 Less-Stringent Regulatory Requirements To Facilitate The Production Of Critical Care Devices
3.3 Challenges
3.3.1 Impact On Supply Chain And Logistics
3.4 Opportunities
3.4.1 Expected Increase In Public Healthcare Investments Globally
3.4.2 Development Of Low-Cost Ventilators
3.5 Burning Issues
3.5.1 Revenue Shift From Other Medical Devices

4 Impact Of Covid-19 Outbreak On The Critical Care Devices Market
4.1 Introduction
4.1.1 Most-Attractive Markets
4.1.1.1 Ventilators
4.1.1.2 Sleep Apnea Devices
4.1.1.3 Respiratory Monitoring Devices
4.1.1.4 Hyperbaric Oxygen Therapy Devices
4.1.1.5 Infusion Pumps
4.1.2 Less-Affected Markets
4.1.2.1 Defibrillators
4.1.2.2 Anesthesia Monitors & Machines
4.1.2.3 Blood Warmer Devices

5 Impact Of Covid-19 Outbreak On The Critical Care Devices Market, By End User
5.1 Introduction
5.2 Hospitals & Clinics
5.3 Ambulatory Care Centers
5.4 Emergency Medical Services
5.5 Home Care Settings

6 Critical Care Equipment Market, By Region
6.1 Us
6.2 Canada
6.3 Europe
6.3.1 Italy
6.3.2 Spain
6.3.3 Germany
6.3.4 France
6.3.5 Uk
6.3.6 Roe
6.4 Asia Pacific
6.4.1 China
6.4.2 India
6.4.3 Japan
6.4.4 Rest Of Asia Pacific
6.5 Latin America
6.6 Middle East And Africa

7 Competitive Landscape
7.1 Introduction
7.2 Ventilators
7.2.1 Key Companies
7.2.2 Key Developments
7.2.3 Short-Term Strategies
7.3 Sleep Apnea Devices
7.3.1 Key Companies
7.3.2 Key Developments
7.3.3 Short-Term Strategies
7.4 Respiratory Care Monitoring Devices
7.4.1 Key Companies
7.4.2 Key Developments
7.4.3 Short-Term Strategies
7.5 Infusion Pumps
7.5.1 Key Companies
7.5.2 Key Developments
7.5.3 Short-Term Strategies

Read More……

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