Critical Care Equipment Market to reach US$ 64.8 billion by 2030 at a strong CAGR of 11.1% . North America leads the market with 41% market share. Major Players:- Smiths Medical, Inc., Skanray Technologies Pvt. Ltd, Nihon Kohden Corporation.

The Critical Care Equipment Market reached US$ 28.5 billion in 2022 and is projected to witness lucrative growth by reaching up to US$ 64.8 billion by 2030. The global critical care equipment market is expected to exhibit a CAGR 11.1% during the forecast period (2024-2031).

DataM Intelligence unveils its latest report on the "Critical Care Equipment Market size 2025," offering an in-depth analysis of market trends, growth drivers, competitive landscape, and regional dynamics. The study covers market size in value and volume, CAGR forecasts, and emerging opportunities that can guide businesses in seizing growth potential and crafting winning strategies. Packed with data-driven insights on current developments and future trends, this report is essential for companies aiming to stay ahead in the competitive Market.

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United States: Key Industry Developments (Critical Care Equipment Market 2025)

✅ July 2025: Siemens Healthineers launched a fully integrated critical care monitoring platform combining hemodynamic and respiratory analytics for real-time ICU decision-making and workflow enhancements in major U.S. hospitals.

✅ May 2025: U.S. health systems accelerated purchase of advanced ventilators and smart monitoring kits equipped with cloud connectivity and predictive analytics to support ICU capacity expansion and remote critical care oversight this year.

✅ March 2025: Key U.S. hospitals deployed AI-augmented patient monitoring systems that integrate multi-parameter data across ICU devices, improving alarm accuracy and early deterioration alerts.

Japan: Key Industry Developments (Critical Care Equipment Market 2025)

✅ August 2025: Terumo Corporation released AI-enabled critical care infusion pumps for ICU and emergency care use, designed to improve dosage precision and reduce medication error risks in Japanese hospitals.

✅ July 2025: Fujifilm Healthcare expanded its bedside ICU imaging solutions with portable digital X-ray units optimized for critical care settings, enabling faster on-site diagnostics and workflow efficiency.

✅ June 2025: Nihon Kohden launched a advanced multi-parameter patient monitoring system that integrates cardiac, respiratory, and hemodynamic monitoring with centralized ICU dashboards for Japanese clinical networks.

📌 Critical Care Equipment Market - 2025-26 M&A Deals

→ In March 2025, Advanced Instruments (a subsidiary of Patricia Industries) agreed to acquire and merge with Nova Biomedical, a U.S.-based provider of analytical instruments and clinical monitoring solutions used in hospital critical care settings. The enterprise value of the transaction was approximately USD 2.2 billion, and it was expected to close in the third quarter of 2025. The combined entity will operate under the Nova Biomedical name, expanding its footprint in clinical analytics and critical care devices.

→ In July 2025, Advanced Instruments completed its acquisition of Nova Biomedical after regulatory approvals were obtained, finalizing the strategic merger valued at USD 2.2 billion. The deal strengthens the organization's offerings in critical patient monitoring and clinical lab instrumentation that are integral in ICU and hospital care pathways.

→ In December 2025, Teleflex announced divestment agreements for three of its business units totaling approximately USD 2.03 billion, including sale of Acute Care and Interventional Urology units and an OEM business. While structured as divestitures rather than outright acquisitions in the critical care category, the move significantly reshapes Teleflex's focus on its core critical care and hospital-relevant operations. The transactions are expected to close in the second half of 2026, with receipts of about USD 1.5 billion and USD 530 million from separate buyers.

Why the Critical Care Equipment market is growing?

Increasing incidence of cardiovascular diseases, respiratory disorders, diabetes, and other chronic health conditions is driving demand for critical care interventions and equipment such as ventilators, monitors, infusion pumps, and life-support systems.

The expanding aging demographic worldwide is more prone to chronic and acute illnesses requiring intensive care, boosting the need for advanced critical care equipment.

The number of ICU beds and intensive care services is increasing globally, especially after COVID-19, pushing hospitals and healthcare systems to invest in more critical care devices.

Government investments and funding for healthcare infrastructure upgrades further stimulate equipment purchases.

Growing use of telemedicine and remote critical care monitoring expands the application scope of critical care equipment beyond traditional ICU settings, supporting early intervention and decentralized care models.

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Critical Care Equipment Major Players:-
Smiths Medical, Inc., Skanray Technologies Pvt. Ltd, Nihon Kohden Corporation, Medtronic plc, Maquet Holding B.V. & Co. KG., Koninklijke Philips N.V., General Electric Company, Fresenius Kabi, B. Braun Melsungen AG, BPL Medical Technologies Pvt Ltd, and among others.

Key players highlights:-

General Electric Company (GE Healthcare) - Major global provider of ICU systems, ventilators and monitoring solutions; often cited as holding one of the largest shares (22%) among overall critical care equipment players.

Koninklijke Philips N.V. - Leading Dutch healthcare tech firm with strong positions in patient monitors and ICU devices, often holding about 20% share in the critical care segment.

Medtronic plc - Top medical tech company with broad critical care portfolio including ventilators and life‐support systems; estimated share 25% in some device segments.

Nihon Kohden Corporation - Japan‐based specialist in physiological monitors and critical care electronics, recognized globally as a key mid‐tier share contributor.

Skanray Technologies Pvt. Ltd. - India‐origin medical device maker with expanding footprint in ventilators and ICU gear, noted as a key regional player though smaller global share.

Critical Care Equipment Regional Highlights

North America
North America holds the largest share of the global critical care equipment market at approximately 41%, led by the U.S. with strong healthcare infrastructure and high adoption of advanced ICU technologies.
The region's growth is driven by continuous investments in digital health, AI‐enabled monitoring systems, and expansion of ICU capacities.
Well‐established reimbursement frameworks and R&D investments sustain market dominance and technological innovation.

Europe
Europe accounts for around 27% of global market share, supported by aging populations and rigorous regulatory standards promoting quality care.
Major markets like Germany, the U.K., and France contribute significantly through ICU modernization and advanced critical care adoption.
Growth is also backed by increasing healthcare expenditure and strong focus on patient safety and clinical outcomes.

Asia‐Pacific
Asia‐Pacific holds 22% of the global market and is one of the fastest‐growing regions due to rapid healthcare infrastructure expansion.
Large markets such as China, India, and Japan are increasing ICU bed capacities and adoption of smart monitoring and ventilator technologies.
Government initiatives and rising healthcare spending are driving strong regional demand and future growth

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Critical Care Equipment segmentation clearly, point by point:

By Product Type, the market includes ICU beds, essential for patient comfort and support; monitoring devices, which track vital signs and critical parameters in real time; and other equipment, such as ventilators, infusion pumps, and defibrillators, which are vital for comprehensive critical care.

By Disease, the market addresses key conditions including cardiology, managing heart-related emergencies; neurology, for critical neurological care; oncology, supporting cancer patients in intensive care; respiratory, covering severe lung and breathing conditions; and other diseases, which encompass a range of critical health issues requiring specialized equipment.

By Application, the market is divided into Neonatal ICU, focused on the care of critically ill newborns, and Adult ICU, catering to critically ill adult patients, ensuring tailored care based on age and medical needs.

FAQ'S

How big is the Critical Care Equipment Market ?
Global Critical Care Equipment Market reached US$ 28.5 billion in 2022 and is projected to witness lucrative growth by reaching up to US$ 64.8 billion by 2030

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