Nov 15, 2021/IndustryNewsGlobal/ The unexpected shifts in the global markets because of the sudden outbreak of the COVID-19 virus have brought many major and minor tremors to industries of all sizes including the Intensive Care Beds Market.
It was estimated prior to this unanticipated outbreak that the Intensive Care Beds Market is likely to witness a promising CAGR of 4.3% during the forecast period. The prime factor contributing to the demand for Intensive Care Beds is the advancements in healthcare sector and rising prevalence of chronic diseases.
Intensive care beds are used in intensive care units (ICUs). These specialist units provide treatment and care for people who are seriously ill patients. They consist of additional equipment, such as ventilators, feeding tubes, etc.
Intensive care beds are of different types, such as electric beds, manual beds, and other beds. They are used in different applications such as general ICUs, specialized ICUs, pediatric and neonatal ICUs.
Segment Analysis
Based on the application type, the intensive care beds market is segmented as general ICUs, specialized ICUs, pediatric and neonatal ICUs. The specialized ICUs are expected to be the fastest-growing segment over the forecast period, owing to their superior advantages over general ICUs.
Based on the end-use type, the market is segmented as hospitals, ambulatory surgical centers, and others. The hospitals segment is expected to remain dominant during the forecast period due to its fast growth in the number of admissions in hospitals and increasing proportion of ICU beds in hospitals, which is driving the demand for intensive care beds in the market.
In terms of regions, North America is estimated to be the largest as well as the fastest-growing intensive care beds market during the forecast period. The dominance of North America is owing to growing ageing population and increasing prevalence of chronic diseases, which are the factors likely to contribute to the market growth.
Key Players:
Key players operating in the global Intensive Care Beds market are-
- Getinge AB
- Hill-Rom Holdings, Inc.
- Invacare Corporation
- Linet Spol. S.R.O.
- Malvestio S.P.A.
- Medline Industries, Inc.
- Merivaara Corp.
- Span-America Medical Systems, Inc.
- Stiegelmeyer GmbH & Co. Kg.
- Stryker Corporation.
Features of the Report
This report offers high-quality insights and is the outcome of detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders and validation and triangulation with Stratview Research’s internal database and statistical tools.
The Intensive Care Beds analysis report discusses the following heads in great detail:
- Market structure: Overview, industry life cycle analysis, supply chain analysis
- COVID-19 Impact Assessment
- Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis
- Market trend and forecast analysis
- Market segment trend and forecast
- Competitive landscape and dynamics: Market share, product portfolio, product launches, etc.
- Attractive market segments and associated growth opportunities
- Emerging trends
- Strategic growth opportunities for the existing and new players
- Key success factors
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