Bizwit Research & Consulting LLP is a global provider of business intelligence & consulting services. We have a strong primary base of key industry leaders along with the chain of industry analysts to analyze the market trends and its future impact in order to estimates and forecast different business segments and markets. 

Global Intensive Care Unit Equipment Market to reach USD 8.96 billion by the end of 2029

Global Intensive Care Unit Equipment Market Size study&Forecast, by Product (Ventilators, Pulse oximeters, Dialysis Equipment, Others, Beds) by Application (Cardiology, Respiratory, Oncology, Trauma, Others), by End User (Hospitals, Specialty Clinics)and Regional Analysis, 2022-2029

Product Code: HLSMDE-82536771
Publish Date: 20-03-2023
Page: 200

Global Intensive Care Unit Equipment Market is valued at approximately USD 6.6 billion in 2021 and is anticipated to grow with a healthy growth rate of more than 3.9% over the forecast period 2022-2029. Intensive Care Unit Equipment are special wards in hospitals with sophisticated monitoring equipment and trained professionals in the healthcare sector to treat and manage severe illnesses of patients. The types of equipment included in ICU are ventilators, respiratory and cardiac support, monitors, and other life support equipmentto care for serious patients. The ICU treatment depends on the condition and illness of the patients, they can either be shifted from the emergency room or can be directly sent to ICU. Additionally, increasing incidences of chronic respiratory disorders and the growing geriatric population aredriving the demand for Intensive Care Unit (ICU) Equipment.

The increasing incidences of chronic respiratory diseases among the population are driving the need for Intensive Care Unit (ICU) Equipment. Patients’ serious conditions and illnessessurge the demand forthe ICU for proper care. For instance, in 2007 some 300 million people suffered from asthma. These life-threatening illnessesamong the patients lead to ICU care further creating the need forICU equipment. The growing geriatric population is also a major driver for Intensive Care Unit (ICU) equipment. According to a study by World Health Organization (WHO), the world’s ageingpopulation is expected to be doubled over 60 years. India’s senior population has been increasing consistently since 1961. The prevailing diseases among the aging population boost the demand for ICU equipmentto be saved from death. Moreover, continuous advancements, formulations, and rising number of hospitals fuel the demand for Intensive Care Unit (ICU) Equipments. However, the high cost of Intensive Care Unit Equipment stifles market growth throughout the forecast period of 2022-2029.

The key regions considered for the Global Intensive Care Unit Equipment Market study includes Asia Pacific, North America, Europe, Latin America, and Rest of the World.North America dominated themarket for Intensive care unit equipmentowing to the COVID-19 impact. The risein production and manufacturing of various ICU equipmentby companies is surging the market demand of this region. However, the growing geriatric population and prevailing chronic disorders were also the major drivers. Asia-Pacific is anticipated to be the fastest-growing region. Due to the prevalence of chronic diseases and the rising number of hospitals in this region the market for Intensive Care Unit (ICU) was boosted.
Major market player included in this report are:
Medtronic plc
Baxter International Inc.
Getinge AB
B. Braun Melsungen AG
Edwards Lifesciences Corporation
General Electric Company
Invacare Corporation
Medline Industries, Inc.
Koninklijke Philips N.V.,
Nihon Kohden Corporation

Recent Developments in the Market:
 In July 2021, a new product launch was announced by Medtronic Plc, a global leader in the medical sector. A Prevail™ drug-coated balloon (DCB) Catheter to treat coronary arteries in patients suffering coronary artery disease (CAD).
 In December 2021, Baxter acquired Hillromand entered intoan agreement to expand connected care and medical innovation worldwide. This combination is created to accelerate companies expansions in digital solutions to provide hospital facilities to patients at home.
Global Intensive Care Unit Equipment Market Report Scope:
Historical Data 2019-2020-2021
Base Year for Estimation 2021
Forecast period 2022-2029
Report Coverage Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
Segments Covered Product, Application, End User, Region
Regional Scope North America; Europe; Asia Pacific; Latin America; Rest of the World
Customization Scope Free report customization (equivalent up to 8 analyst’s working hours) with purchase. Addition or alteration to country, regional & segment scope*

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.

The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporatespotential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
Pulse oximeters
Dialysis Equipment
By Application:
By End User:
Specialty Clinics
By Region:
North America
Asia Pacific
South Korea
Latin America
Rest of the World

Chapter 1. Executive Summary
1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2019-2029 (USD Billion)
1.2.1. Intensive Care Unit Equipment Market, by Region, 2019-2029 (USD Billion)
1.2.2. Intensive Care Unit Equipment Market, by Product,2019-2029 (USD Billion)
1.2.3. Intensive Care Unit Equipment Market, by Application, 2019-2029 (USD Billion)
1.2.4. Intensive Care Unit Equipment Market, by End User, 2019-2029 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption
Chapter 2. Global Intensive Care Unit Equipment Market Definition and Scope
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Scope of the Study
2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
Chapter 3. Global Intensive Care Unit Equipment Market Dynamics
3.1. Intensive Care Unit Equipment Market Impact Analysis (2019-2029)
3.1.1. Market Drivers Increasing incidence of chronic respiratory disorders. Growing Geriatric Population
3.1.2. Market Challenges High Cost of Intensive Care Unit Equipment
3.1.3. Market Opportunities Advancements in Formulation. Rising no. Of Hospitals.
Chapter 4. Global Intensive Care Unit Equipment Market Industry Analysis
4.1. Porter’s 5 Force Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.2. Futuristic Approach to Porter’s 5 Force Model (2019-2029)
4.3. PEST Analysis
4.3.1. Political
4.3.2. Economical
4.3.3. Social
4.3.4. Technological
4.4. Investment Adoption Model
4.5. Analyst Recommendation & Conclusion
4.6. Top investment opportunity
4.7. Top winning strategies
Chapter 5. Risk Assessment: COVID-19 Impact
5.1. Assessment of the overall impact of COVID-19 on the industry
5.2. Pre COVID-19 and post COVID-19 Market scenario
Chapter 6. Global Intensive Care Unit Equipment Market, by Product
6.1. Market Snapshot
6.2. Global Intensive Care Unit Equipment Market by Product, Performance – Potential Analysis
6.3. Global Intensive Care Unit Equipment Market Estimates & Forecasts by Product 2019-2029 (USD Billion)
6.4. Intensive Care Unit Equipment Market, Sub Segment Analysis
6.4.1. Ventilators
6.4.2. Pulse oximeters
6.4.3. Dialysis Equipment
6.4.4. Others
6.4.5. Beds
Chapter 7. Global Intensive Care Unit Equipment Market, by Application
7.1. Market Snapshot
7.2. Global Intensive Care Unit Equipment Market by Application, Performance – Potential Analysis
7.3. Global Intensive Care Unit Equipment Market Estimates & Forecasts by Application 2019-2029 (USD Billion)
7.4. Intensive Care Unit Equipment Market, Sub Segment Analysis
7.4.1. Cardiology
7.4.2. Respiratory
7.4.3. Oncology
7.4.4. Trauma
7.4.5. Others
Chapter 8. Global Intensive Care Unit Equipment Market, by End User
8.1. Market Snapshot
8.2. Global Intensive Care Unit Equipment Market by End User, Performance – Potential Analysis
8.3. Global Intensive Care Unit Equipment Market Estimates & Forecasts by End User2019-2029 (USD Billion)
8.4. Intensive Care Unit Equipment Market, Sub Segment Analysis
8.4.1. Hospitals
8.4.2. Specialty Clinics
Chapter 9. Global Intensive Care Unit Equipment Market, Regional Analysis
9.1. Intensive Care Unit Equipment Market, Regional Market Snapshot
9.2. North America Intensive Care Unit Equipment Market
9.2.1. U.S. Intensive Care Unit Equipment Market Product breakdown estimates & forecasts, 2019-2029 Application breakdown estimates & forecasts, 2019-2029 End User breakdown estimates & forecasts, 2019-2029
9.2.2. Canada Intensive Care Unit Equipment Market
9.3. Europe Intensive Care Unit Equipment Market Snapshot
9.3.1. U.K. Intensive Care Unit Equipment Market
9.3.2. Germany Intensive Care Unit Equipment Market
9.3.3. France Intensive Care Unit Equipment Market
9.3.4. Spain Intensive Care Unit Equipment Market
9.3.5. Italy Intensive Care Unit Equipment Market
9.3.6. Rest of Europe Intensive Care Unit Equipment Market
9.4. Asia-Pacific Intensive Care Unit Equipment Market Snapshot
9.4.1. China Intensive Care Unit Equipment Market
9.4.2. India Intensive Care Unit Equipment Market
9.4.3. Japan Intensive Care Unit Equipment Market
9.4.4. Australia Intensive Care Unit Equipment Market
9.4.5. South Korea Intensive Care Unit Equipment Market
9.4.6. Rest of Asia Pacific Intensive Care Unit Equipment Market
9.5. Latin America Intensive Care Unit Equipment Market Snapshot
9.5.1. Brazil Intensive Care Unit Equipment Market
9.5.2. Mexico Intensive Care Unit Equipment Market
9.6. Rest of The World Intensive Care Unit Equipment Market

Chapter 10. Competitive Intelligence
10.1. Top Market Strategies
10.2. Company Profiles
10.2.1. Medtronic plc Key Information Overview Financial (Subject to Data Availability) Product Summary Recent Developments
10.2.2. Baxter International Inc.
10.2.3. Getinge AB
10.2.4. B. Braun Melsungen AG
10.2.5. Edwards Lifesciences Corporation
10.2.6. General Electric Company
10.2.7. Invacare Corporation
10.2.8. Medline Industries, Inc.
10.2.9. Koninklijke Philips N.V.,
10.2.10. Nihon Kohden Corporation
Chapter 11. Research Process
11.1. Research Process
11.1.1. Data Mining
11.1.2. Analysis
11.1.3. Market Estimation
11.1.4. Validation
11.1.5. Publishing
11.2. Research Attributes
11.3. Research Assumption

At Bizwit Research and Consultancy, we employ a thorough and iterative research methodology with the goal of minimizing discrepancies, ensuring the provision of highly accurate estimates and predictions over the forecast period. Our approach involves a combination of bottom-up and top-down strategies to effectively segment and estimate quantitative aspects of the market, utilizing our proprietary data & AI tools. Our Proprietary Tools allow us for the creation of customized models specific to the research objectives. This enables us to develop tailored statistical models and forecasting algorithms to estimate market trends, future growth, or consumer behavior. The customization enhances the accuracy and relevance of the research findings.
We are dedicated to clearly communicating the purpose and objectives of each research project in the final deliverables. Our process begins by identifying the specific problem or challenge our client wishes to address, and from there, we establish precise research questions that need to be answered. To gain a comprehensive understanding of the subject matter and identify the most relevant trends and best practices, we conduct an extensive review of existing literature, industry reports, case studies, and pertinent academic research.
Critical elements of methodology employed for all our studies include:
Data Collection:
To determine the appropriate methods of data collection based on the research objectives, we consider both primary and secondary sources. Primary data collection involves gathering information directly from various industry experts in core and related fields, original equipment manufacturers (OEMs), vendors, suppliers, technology developers, alliances, and organizations. These sources encompass all segments of the value chain within the specific industry. Through in-depth interviews, we engage with key industry participants, subject-matter experts, C-level executives of major market players, industry consultants, and other relevant experts. This allows us to obtain and validate critical qualitative and quantitative information while evaluating market prospects. AI and Big Data are instrumental in our primary research, providing us with powerful tools to collect, analyze, and derive insights from data efficiently. These technologies contribute to the advancement of research methodologies, enabling us to make data-driven decisions and uncover valuable findings.
In addition to primary sources, we extensively utilize secondary sources to enhance our research. These include directories, databases, journals focusing on related industries, company newsletters, and information portals such as Bloomberg, D&B Hoovers, and Factiva. These secondary sources enable us to identify and gather valuable information for our comprehensive, technical, market-oriented, and commercial study of the market. Additionally, we utilize AI algorithms to automate the collection of vast amounts of data from various sources such as surveys, social media platforms, online transactions, and web scraping. And employ Big Data technologies for storage and processing of large datasets, ensuring that no valuable information is missed during the data collection process.
Data Analysis:
Our team of experts carefully examine the gathered data using suitable statistical techniques and qualitative analysis methods. For quantitative analysis, we employ descriptive statistics, regression analysis, and other advanced statistical methods, depending on the characteristics of the data. This analysis may also incorporate the utilization of AI tools and big data analysis techniques to extract meaningful insights.
To ensure the accuracy and reliability of our findings, we extensively leverage data science techniques, which help us minimize discrepancies and uncertainties in our analysis. We employ Data Science to clean and preprocess the data, ensuring its quality and reliability. This involves handling missing data, removing outliers, standardizing variables, and transforming data into suitable formats for analysis. The application of data science techniques enhances our accuracy, efficiency, and depth of analysis, enabling us to stay competitive in dynamic market environments.
Market Size Estimation:
Our proprietary data tools play a crucial role in deriving our market estimates and forecasts. Each study involves the creation of a unique and customized model. The model incorporates the gathered information on market dynamics, technology landscape, application development, and pricing trends. AI techniques, such as machine learning and deep learning, aid us to analyze patterns within the data to identify correlations, trends, and relationships. By recognizing patterns in consumer behavior, purchasing habits, or market dynamics, our AI algorithms aid us in more precise estimations of market size. These factors are simultaneously analyzed within the model, allowing for a comprehensive assessment. To quantify their impact over the forecast period, correlation, regression, and time series analysis are employed.
To estimate and validate the market size, we employ both top-down and bottom-up approaches. The preference is given to a bottom-up approach, where key regional markets are analyzed as separate entities. This data is then integrated to obtain global estimates. This approach is crucial as it provides a deep understanding of the industry and helps minimize errors.
In our forecasting process, we consider various parameters such as economic tools, technological analysis, industry experience, and domain expertise. By taking all these factors into account, we strive to produce accurate and reliable market forecasts. When forecasting, we take into consideration several parameters, which include:
Market driving trends and favorable economic conditions
Restraints and challenges that are expected to be encountered during the forecast period.
Anticipated opportunities for growth and development
Technological advancements and projected developments in the market
Consumer spending trends and dynamics
Shifts in consumer preferences and behaviors.
The current state of raw materials and trends in supply versus pricing
Regulatory landscape and expected changes or developments.
The existing capacity in the market and any expected additions or expansions up to the end of the forecast period.
To assess the market impact of these parameters, we assign weights to each one and utilize weighted average analysis. This process allows us to quantify their influence on the market and derive an expected growth rate for the forecasted period. By considering these various factors and applying a weighted analysis approach, we strive to provide accurate and reliable market forecasts.
Insight Generation & Report Presentation:
After conducting the research, our experts analyze the findings in relation to the research objectives and the specific needs of the client. They generate valuable insights and recommendations that directly address the client’s business challenges. These insights are carefully connected to the research findings to provide a comprehensive understanding.
Next, we create a well-structured research report that effectively communicates the research findings, insights, and recommendations to the client. To enhance clarity and comprehension, we utilize visual aids such as charts, graphs, and tables. These visual elements are employed to present the data in an engaging and easily understandable format, ensuring that the information is accessible and visually appealing to the client. Our aim is to deliver a clear and concise report that conveys the research findings effectively and provides actionable recommendations to meet the client’s specific needs.

Need Assistance

Contact Person -
Krishant Mennon
Call us @
+ 91 99931 15879
Email: sales@bizwitresearch.com


Why Choose Us?

Quality over Quantity

Backed by 60+ paid data sources our reports deliver crisp insights with no compromise quality.

Analyst Support

24x7 Chat Support plus
free analyst hours with every purchase

Flawless Methodology

Our 360-degree approach of market study, our research methods leave stones unturned.
Enquiry Now