Stratview Research has published a new report titled “Intensive Care Beds Market” which is segmented by Product Type (Electric Beds, Manual Beds, and Other Beds), by Application Type (General ICUs, Specialized ICUs, Pediatric and Neonatal ICUs), by End-Use Type (Hospitals, Ambulatory Surgical Centers, and Others), and by Region (North America, Europe, Asia-Pacific, and Rest of the World).
As per the study, the market is expected to reach USD 2.3 billion by 2028 from USD 1.7 billion in 2021 at a healthy CAGR of 4.28% during the forecast period of 2022-2028.
This report covers comprehensive data on emerging trends, market drivers, growth opportunities, and restraints that can affect the market dynamics of the industry. It provides a thorough analysis of the market segments which include products, applications, and competitor analysis.
The market is bifurcated into various segments. Below given is the segment-wise analysis -
By Application Type
The Specialized ICUs are expected to be the fastest-growing segment over the forecast period, owing to their superior advantages over general ICUs.
The market is segmented into general ICUs, specialized ICUs, and pediatric and neonatal ICUs.
By End-Use Type
The Hospitals segment is expected to remain dominant during the forecast period.
The market is segmented into hospitals, ambulatory surgical centers, and others. Fast growth in the number of admissions in hospitals and the increasing proportion of ICU beds in hospitals, is driving the demand for intensive care beds in the market.
Which Region is expected to remain the largest market?
North America is estimated to be the largest as well as the fastest-growing market during the forecast period.
The dominance of North America is owing to the growing aging population and increasing prevalence of chronic diseases, which are the factors likely to contribute to the market growth.
Who are the Key Players in the Market?
This report provides market intelligence most comprehensively. It also provides critical insights into the key players active in the market, which will enable strategic decision-making for the existing market players as well as those willing to enter the market. The following are the key players active in the Intensive Care Beds Market:
· 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.
Key questions answered by the report.
· What is the projected CAGR for revenue from the Intensive Care Beds Market during the forecast period?
· What would the market be valued at by 2028?
· What is a major driving factor for the growth of the market?
· Which region accounted for the largest revenue share in the Intensive Care Beds Market?
· Which are the major market players?
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