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ICU Beds Global Market Report 2024 - By Size, Share, Trends, Growth, Forecast To 2033
The Business Research Company's global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032The Business Research Company's ICU Beds Global Market Report 2023 identifies rising number of hospitals as the major driver for the ICU Beds market's growth in the forecast period. Hospitals are healthcare facilities equipped with medical professionals and resources to provide a wide range of medical services, including diagnosis, treatment, surgery, and emergency care, to individuals with various medical conditions and health needs. ICU beds in hospitals provide critical care for patients with severe illnesses or injuries, offering advanced monitoring, life support, and specialized medical attention to enhance the chances of recovery and survival.
The icu beds market size has grown strongly in recent years. It will grow from $2.02 billion in 2023 to $2.15 billion in 2024 at a compound annual growth rate (CAGR) of 6.9%. The growth in the historic period can be attributed to aging population, technological advancements, healthcare infrastructure development, critical care demand. The icu beds market size is expected to see strong growth in the next few years. It will grow to $2.9 billion in 2028 at a compound annual growth rate (CAGR) of 7.7%.
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Major competitors in the ICU Beds market are Stryker Corporation, Hill-Rom Holdings Inc., Getinge AB, Invacare Corporation, Paramount Bed Holdings Co Ltd.
A key trend in the ICU Beds market includes launch of smart beds. Smart beds help to automate and digitalize patient monitoring, improving overall efficiency. The smart beds are designed to facilitate the patient's movement and help them regain normal movement faster, with the presence of monitoring systems. For example, in August 2022, Dozee, an India-based medical equipment manufacturer, partnered with Midmark India, an India-based hospital bed manufacturer, and launched a connected bed platform for non-ICU settings. Dozee's sensor-based technology uses artificial intelligence (AI) to track vital parameters of the patient.
Read More On The Global ICU Beds Market Report Here: https://www.thebusinessresearchcompany.com/report/icu-beds-global-market-report
The ICU Beds market is segmented -
• By Type: Electric Beds, Semi-Electric Beds, Manual Beds
• By Application: Pediatric Intensive Care Unit, Neonatal Intensive Care Unit, Psychiatric Intensive Care Unit, Cardiac Intensive Care Unit, Neurological Intensive Care Unit, Trauma Intensive Care Unit, Post-Operative Recovery Unit, Surgical Intensive Care Unit, Mobile Intensive Care Unit
• By End Use: General And Acute Care Hospitals, Specialized Hospitals, Multi-Specialty Hospitals, Ambulatory Surgery Centers (ASC), Other End Uses
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the ICU Beds market.
The Business Research Company's "Global ICU Beds Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.
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The Table Of Content For The ICU Beds Market Include:
1. Executive Summary
2. ICU Beds Market Characteristics
3. ICU Beds Market Trends And Strategies
4. ICU Beds Market - Macro Economic Scenario
5. Global ICU Beds Market Size and Growth
...........
31. Global ICU Beds Market Competitive Benchmarking
32. Global ICU Beds Market Competitive Dashboard
33. Key Mergers And Acquisitions In The ICU Beds Market
34. ICU Beds Market Future Outlook and Potential Analysis
35. Appendix
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