Critical Care Devices Market Research Report Analysis and Forecasts to 2032

1. Global Critical Care Devices Market: Key Players and Competitive Landscape, 2032

2. Industry Insights • The Global Critical Care Devices Market study focuses major leading industry players with information such as company profiles, product picture and specification, capacity, production, price, cost, revenue and contact information. • It provides information on trends and developments, and focuses on markets and materials, capacities and technologies, and on the changing structure. • Global Critical Care Devices Market is poised to accrue remarkable gains through 2032, credited to the growing demand for ventilators for disease management. • Moreover, the increasing incidence of chronic respiratory disorders and the associated comorbidities has propelled the demand for ventilators. • As per the NCD Alliance, an estimated 550 million people globally are diagnosed with chronic respiratory diseases.

3. Moreover, the growing emphasis of industry players on R&D activities for developing ventilators in therapeutic space is also working in favor of industry expansion. • In fact, in January 2023, Getinge AB, a Swedish medical technology company, announced the launch of its new Servo-c mechanical ventilator, providing lung-protective therapeutic tools for the expansion of its ICU offerings. • Overall, the critical care devices market is segmented based on product, application, end-use, and region. • On the basis of product, the critical care devices industry from the ECG devices segment is expected to register significant gains through 2032, owing to ongoing product innovations in the field. • For instance, in January 2022, Royal Philips, a global health technology provider, announced the launch of the first-ever at-home full-service 12-lead electrocardiogram (ECG) solution. It is a clinical-grade patient-focused ECG solution that pairs data readings comparable to clinical ECGs to bring innovation across the care continuum.

4. Regional Analysis • Regionally speaking, the Asia Pacific critical care devices market is slated to record a valuation of over USD 25 billion by 2032. The rising prevalence of severe illnesses such as cardiovascular disorders, cancer, and others has bolstered the demand for critical care devices in the region. As per the Journal of Thoracic Oncology, lung cancer makes up 8.1% of all cancer-related deaths in India. • Competitive Analysis • Leading players in the critical care devices market include Koninklijke Philips N.V., ResMed, Drägerwerk AG & Co. KGaA, GE Healthcare, Medtronic Plc., ICU Medical, Inc., Fresenius Medical Care, Smiths Medical, Biometrix, Airon Corporation, OSI Systems, Avanos Medical.

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