According to a new market research study of ‘North America Critical Care Equipment Forecast to 2027 - COVID-19 Impact and Analysis by product, application, and end-user’ the North America critical care equipment market is expected to reach US$ 18,212.89 million in 2027 from US$ 8,128.83 in 2019. The market is estimated to grow with a CAGR of 9.9% from 2020-2027. The report provides trends prevailing in the North America critical care equipment market and the factors driving market along with those that act as hindrances.
Based on the product, the North America the critical care equipment market, is segmented into ventilators, patient monitor systems, infusion pumps, and others. The patient monitoring systems segment held the largest share of the market in 2019, whereas the ventilators segment is anticipated to register the highest CAGR in the market during the forecast period. The patient care monitor systems enables the medical staff to observe patients without being physically present at their bedside, whether in the hospital or their home. Various types of sensors are used to monitor the patient vitals ranging from heart rate, oxygen saturation, body temperature, ECG, Respiration, Non-invasive blood pressure, etc. However, the ventilators segment is anticipated to have highest CAGR as they provide support for patients who cannot breathe on their own or who require assistance to maintain adequate ventilation. While ventilators are typically used in the critical care units of hospitals, they may be used in other care areas well. Invasive ventilators type of ventilators gently forces normal air (or a mixture of air and added oxygen) through a breathing tube into a patient’s airways and down into their lungs. Mechanical ventilation not only ensures that a patient receives sufficient oxygen but also helps move carbon dioxide out of the lungs.
The growth of the market is attributed to some key driving factors such as growing prevalence of respiratory diseases and increasing contracts for manufacturing of critical care equipment are key driving factors. However, stringent government rules and regulations due to the covid-19 pandemic are expected to obstruct the growth of the market to a certain extent during the forecast years.
General Electric Company, Medtronic, and Hamilton Medical are among the leading companies operating in the North America critical care equipment market.
The report segments North America Critical Care Equipment Market as Follows:
By Product
By Application
By End-User
By Country
Reasons to Buy
Based on the product, the North America the critical care equipment market, is segmented into ventilators, patient monitor systems, infusion pumps, and others. The patient monitoring systems segment held the largest share of the market in 2019, whereas the ventilators segment is anticipated to register the highest CAGR in the market during the forecast period. The patient care monitor systems enables the medical staff to observe patients without being physically present at their bedside, whether in the hospital or their home. Various types of sensors are used to monitor the patient vitals ranging from heart rate, oxygen saturation, body temperature, ECG, Respiration, Non-invasive blood pressure, etc. However, the ventilators segment is anticipated to have highest CAGR as they provide support for patients who cannot breathe on their own or who require assistance to maintain adequate ventilation. While ventilators are typically used in the critical care units of hospitals, they may be used in other care areas well. Invasive ventilators type of ventilators gently forces normal air (or a mixture of air and added oxygen) through a breathing tube into a patient’s airways and down into their lungs. Mechanical ventilation not only ensures that a patient receives sufficient oxygen but also helps move carbon dioxide out of the lungs.
The growth of the market is attributed to some key driving factors such as growing prevalence of respiratory diseases and increasing contracts for manufacturing of critical care equipment are key driving factors. However, stringent government rules and regulations due to the covid-19 pandemic are expected to obstruct the growth of the market to a certain extent during the forecast years.
General Electric Company, Medtronic, and Hamilton Medical are among the leading companies operating in the North America critical care equipment market.
The report segments North America Critical Care Equipment Market as Follows:
By Product
- Patient Monitor Systems
- Ventilators
- Invasive Ventilators
- Non-invasive Ventilators
- Infusion Pumps
- Others
By Application
- Cardiology
- Pulmonology
- Neurology
- Orthopaedic
- Others
By End-User
- Hospitals
- Ambulatory Care Centers
- Home Care
- Others
By Country
- North America
- US
- Canada
- Mexico
Reasons to Buy
- Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the North 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 North 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. North America Critical Care Equipment Market - Market Landscape
5. North America Critical Care Equipment Market - Key Market Dynamics
6. Critical Care Equipment Market - North America Analysis
7. North America Critical Care Equipment Market Analysis and Forecasts to 2027 - ByProduct
8. North America Critical Care Equipment Market Analysis - by Application
9. North 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 North America Critical Care Equipment Market
12. COMPANY PROFILES
13. Appendix
List of Tables
List of Figures
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- General Electric Company
- Medtronic
- Braun Melsungen AG
- Baxter International Inc
- Dragerwerk AG & Co. KGaA
- Hamilton Medical
- Getinge AB
- Koninklijke Philips N.V.
