The global demand for ICU Beds Market is presumed to reach the valuation of nearly USD XX MN by 2026 from USD XX MN in 2019 with a CAGR of XX% under the study period of 2020 - 2026. Whereas with regards to volume, the market was calculated XX KU in2019 and foreseen to touch XX KU by 2026 with a CAGR of XX% during 2020-2026.
An ICU bed is specially designed bed for intensive care of a patient. These are made of antimicrobial and antibacterial properties with extra comfort. These are easy to transfer for emergency staff, hospital wards, and OT staff. ICU beds are equipped with actuators, control systems, providing special service and facility with expertise for support of vital functions using skills of medical, nursing and other personnel in the management of care.
The growing ageing population, diseases, and accidental injuries are driving the ICU bed market. Growing life expectancy and healthcare spending have bolstered production across globe. In the last two month, demand for ICU bed has reached new heights. This is due to the projected number of prevalent critically ill patients from corona. The need for healthcare resources has gone up in some cities where there is a higher prevalence of corona patient. The inadequate number of ICU beds renders a challenge to meet the future coming demand. Current resources are limited and usually function at more than half capacity outside public health emergencies. Efforts are being implemented to ascertain optimal response strategies to mitigate the requirement. With context to the overall scenario, players are tripling their production. Various approaches are applied successfully to the problem planning the expansion. However, adding new ICU beds is conceptually easy but practically costly and inefficient. Hence, practitioners are going for another option by creating alternative levels of care within the hospital. This may restrain the growth of the market.
The report covers Porter’s Five Forces Model, Market Attractiveness Analysis and Value Chain analysis. These tools help to get a clear picture of the industry’s structure and evaluate the competition attractiveness at a global level.
Additionally, these tools also give inclusive assessment of each application/product segment in the global market of ICU Beds.
The entire ICU Beds market has been sub-categorized into product and application. The report provides an analysis of these subsets with respect to the geographical segmentation. This research study will keep marketer informed and helps to identify the target demographics for a product or service.
- Electric Beds
- Semi-Electric Beds
- Manual Beds
- Neonatal Intensive Care Unit
- Pediatric Intensive Care Unit
- Psychiatric Intensive Care Unit
- Cardiac Intensive Care Unit
- Neurological Intensive Care Unit
- Trauma Intensive Care Unit
- Post-Operative Recovery Unit
- High Dependency Unit
- Surgical Intensive Care Unit
This section covers regional segmentation which accentuates on current and future demand for ICU Beds market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand for individual application segment across all the prominent regions.
Global ICU Beds Market Share by Region (Representative Graph)
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the ICU Beds market include Stryker Corporation, Hill-Rom Holdings, Inc., Getinge AB, Invacare Corporation, and Medline Industries, Inc. This section includes a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
This market research report has been produced by gathering information on the basis of primary and secondary research. Secondary research has been done by using various sources which include (but not limited to) Company Websites, Paid Data Sources, Technical Journals, Financial Reports, SEC Filings, and other different industry publications.
If specific information is required which is not currently within the scope of the report, it can be provided as a part of customization.