According to a new market research study of ‘South & Central America Critical Care Equipment Forecast to 2027 - COVID-19 Impact and Analysis by product, application, and end-user’ the South & Central America critical care equipment market is expected to reach US$ 3,721.83 million in 2027 from US$ 1,822.27 in 2019. The market is estimated to grow with a CAGR of 8.6% from 2020-2027. The report provides trends prevailing in the South & Central America critical care equipment market and the factors driving market along with those that act as hindrances.
Based on the end-user, the South & Central America the critical care equipment market, is segmented into hospitals, ambulatory care centers, home care, and others. The hospitals segment held the largest share of the market in 2019, and the same segment is anticipated to register the highest CAGR in the market during the forecast period. Hospitals segment is expected to hold major market share in critical care equipment market owing to the medical availability of various types of critical care equipment and the growing adoption rate of these devices in hospital settings. Developing healthcare infrastructure in emerging markets, rising healthcare expenditure, lucrative reimbursement policies, and increasing emphasis on better patient outcomes are factors contributing to the growth of the hospital and clinics segment.
The growth of the market is attributed to some key driving factors such as strengthening the healthcare sector across South & Central America and a high rise in covid-19 cases across South & Central America. However, the rigorous government rules and policies post covid-19 is expected to obstruct the growth of the market to a certain extent during the forecast years.
General Electric Company, Baxter International Inc, and Getinge AB are among the leading companies operating in the South & Central America critical care equipment market.
Reasons to Buy
Based on the end-user, the South & Central America the critical care equipment market, is segmented into hospitals, ambulatory care centers, home care, and others. The hospitals segment held the largest share of the market in 2019, and the same segment is anticipated to register the highest CAGR in the market during the forecast period. Hospitals segment is expected to hold major market share in critical care equipment market owing to the medical availability of various types of critical care equipment and the growing adoption rate of these devices in hospital settings. Developing healthcare infrastructure in emerging markets, rising healthcare expenditure, lucrative reimbursement policies, and increasing emphasis on better patient outcomes are factors contributing to the growth of the hospital and clinics segment.
The growth of the market is attributed to some key driving factors such as strengthening the healthcare sector across South & Central America and a high rise in covid-19 cases across South & Central America. However, the rigorous government rules and policies post covid-19 is expected to obstruct the growth of the market to a certain extent during the forecast years.
General Electric Company, Baxter International Inc, and Getinge AB are among the leading companies operating in the South & Central America critical care equipment market.
Reasons to Buy
- Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the South & Central America critical care equipment market.
- Highlights key business priorities in order to assist companies to realign their business strategies.
- The key findings and recommendations highlight crucial progressive industry trends in the South & Central America critical care equipment market, thereby allowing players across the value chain to develop effective long-term strategies.
- Develop/modify business expansion plans by using substantial growth, offering developed and emerging markets.
- Scrutinize in-depth market trends and outlook coupled with the factors driving the market, as well as those hindering it.
- Enhance the decision-making process by understanding the strategies that underpin security interest with respect to client products, segmentation, pricing, and distribution.
Table of Contents
1. Introduction
3. Research Methodology
4. South & Central America Critical Care Equipment Market - Market Landscape
5. South & Central America Critical Care Equipment Market - Key Market Dynamics
6. Critical Care Equipment Market - South & Central America Analysis
7. South & Central America Critical Care Equipment Market Analysis and Forecasts to 2027 - by Product
8. South & Central America Critical Care Equipment Market Analysis - by Application
9. South & Central America Critical Care Equipment Market Analysis - by End-User
10. Critical Care Equipment Market Revenue and Forecasts to 2027 - Geographical Analysis
11. Impact Of COVID-19 Pandemic on South & Central America Critical Care Equipment Market
12. COMPANY PROFILES
13. Appendix
List of Tables
List of Figures
Companies Mentioned
A selection of companies mentioned in this report includes:
- General Electric Company
- Medtronic
- Braun Melsungen AG
- Baxter International Inc