ICU Beds Market Set for Exponential Growth, Predicted to Surpass USD 2.41 billion by 2030 | CAGR of 4.9%

Allied Market Research recently published a report, titled, "ICU Beds Market by Type (Full-Electric Beds, Semi-Electric Beds, and Manual Beds), Application (Traditional ICU, Pediatric ICU, and Others), and End User (Hospitals, Ambulatory Surgery Centers (ASCs), and Others): Global Opportunity Analysis and Industry Forecast, 2021-2030". As per the report, the global ICU Beds Market Size was Valued at USD 1.48 billion in 2020 and is Projected to Garner USD 2.41 billion by 2030, registering a CAGR of 4.9% from 2021 to 2030.

The report provides an extensive analysis of changing market dynamics, major segments, value chain, competitive scenario, and regional landscape. This research offers a valuable guidance to leading players, investors, shareholders, and startups in devising strategies for sustainable growth and gaining competitive edge in the market.

𝐈𝐦𝐩𝐚𝐜𝐭 𝐨𝐟 𝐂𝐨𝐯𝐢𝐝-𝟏𝟗 𝐏𝐚𝐧𝐝𝐞𝐦𝐢𝐜 𝐨𝐧 𝐈𝐂𝐔 𝐁𝐞𝐝𝐬 𝐌𝐚𝐫𝐤𝐞𝐭:

• The Covid-19 pandemic affected the healthcare industry drastically. The rapid rise in number of cases of Covid-19 increased the demand for ICU beds as patients suffering from Covid-19 need nearly 14 days of respiratory support in the ICU.
• However, the prolonged lockdown across several regions hampered the supply chain and increased the prices of raw materials.

𝐆𝐞𝐭 𝐒𝐚𝐦𝐩𝐥𝐞 𝐏𝐃𝐅 𝐑𝐞𝐩𝐨𝐫𝐭 𝐰𝐢𝐭𝐡 𝐆𝐫𝐚𝐩𝐡𝐬 𝐚𝐧𝐝 𝐅𝐢𝐠𝐮𝐫𝐞𝐬 𝐇𝐞𝐫𝐞:
https://www.alliedmarketresearch.com/request-sample/4206

𝐖𝐡𝐚𝐭 𝐚𝐫𝐞 𝐭𝐡𝐞 𝐑𝐞𝐜𝐞𝐧𝐭 𝐓𝐫𝐞𝐧𝐝𝐬 𝐢𝐧 𝐭𝐡𝐞 𝐑 𝐈𝐂𝐔 (𝐈𝐧𝐭𝐞𝐧𝐬𝐢𝐯𝐞 𝐂𝐚𝐫𝐞 𝐔𝐧𝐢𝐭) 𝐁𝐞𝐝𝐬 𝐌𝐚𝐫𝐤𝐞𝐭?

Rise in the geriatric population, surge in government expenditure on healthcare, and increase in number of Covid-19 patients requiring intensive care have boosted the growth of the global ICU beds market. However, low product demand in underdeveloped countries hinders market growth. On the contrary, high market growth potential in emerging markets is expected to open new opportunities for the market players in the future.

𝐓𝐨𝐩 𝐂𝐨𝐦𝐩𝐚𝐧𝐢𝐞𝐬 𝐨𝐟 𝐈𝐂𝐔 (𝐈𝐧𝐭𝐞𝐧𝐬𝐢𝐯𝐞 𝐂𝐚𝐫𝐞 𝐔𝐧𝐢𝐭) 𝐁𝐞𝐝𝐬: -
• DSV Panalpina A/S (Span-America Medical Systems, Inc.)
• Hill-Rom Holdings Inc.
• Getinge AB
• Joh. Stiegelmeyer & Co. GmbH (Stiegelmeyer GmbH & Co. KG)
• Invacare Corporation
• Malvestio S.P.A.
• Linet Group SE (Linet spol. s.r.o.)
• Merivaara Corp.
• Medline Industries Inc.
• Stryker Corporation

𝐈𝐂𝐔 (𝐈𝐧𝐭𝐞𝐧𝐬𝐢𝐯𝐞 𝐂𝐚𝐫𝐞 𝐔𝐧𝐢𝐭) 𝐁𝐞𝐝𝐬 𝐌𝐚𝐫𝐤𝐞𝐭 𝐒𝐞𝐠𝐦𝐞𝐧𝐭𝐚𝐭𝐢𝐨𝐧: -

By type, the manual beds segment held the largest share in 2020, accounting for nearly half of the global ICU beds market, due to rise in chronic diseases among patients, surge in adoption of technologically advanced manual beds in hospitals, and increase in number of patient admission in hospital ICUs. However, the semi-electric beds segment is expected to register the highest CAGR of 5.4% during the forecast period, owing to the geriatric population that is more prone to chronic health conditions and rise in hospital admission rate.

By application, the traditional ICU segment would showcase the highest CAGR of 5.2% from 2021 to 2030. In addition, the segment held the largest share in 2020, contributing to more than half of the global ICU beds market, due to traditional ICUs are specialized in offering care for particular health diseases or injuries. The report includes an analysis of segments such as pediatric ICU and others.

By region, the market across North America held the largest share in 2020, accounting for more than one-third of the market, due to rise in the well-developed healthcare industry, high adoption rate of ICU beds, and presence of leading manufacturers in the region. However, the global ICU beds market across Asia-Pacific is projected to manifest the highest CAGR of 5.7% during the forecast period, due to rise in the geriatric population and surge in people suffering from chronic diseases.

Purchase the Report: https://www.alliedmarketresearch.com/purchase-enquiry/4206

Our Market Research Solution Provides You Answer to Below Mentioned Question:

• Which are the driving factors responsible for the growth of market?
• Which are the roadblock factors of this market?
• What are the new opportunities, by which market will grow in coming years?
• What are the trends of this market?
• Which are main factors responsible for new product launch?
• How big is the global & regional market in terms of revenue, sales and production?
• How far will the market grow in forecast period in terms of revenue, sales and production?
• Which region is dominating the global market and what are the market shares of each region in the overall market in 2022?
• How will each segment grow over the forecast period and how much revenue will these segments account for in 2030?
• Which region has more opportunities?

By Region Outlook

• North America
(U.S., Canada, Mexico)
• Europe
(Germany, France, UK, Italy, Spain, Rest of Europe)
• Asia-Pacific
(Japan, China, India, Rest of Asia-Pacific)
• LAMEA
(Brazil, Saudi Arabia, South Africa, Rest of LAMEA)

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About Us

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

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