Asia-Pacific Critical Care Equipment Market, By Product Type (Patient Monitors, Sleep Apnea Devices, Defibrillator, Anaesthesia Machine, Ventilators, Infusion Pump and Blood Warmer), Type of Monitoring (Hemodynamic Monitoring, Vital Signs Monitoring, Neurologic Monitoring and Brain Function Monitoring), Patient (Adult, Geriatric, Paediatric and Neonates), Application (Surgeries, Coronary Angioplasty, Atrial Fibrillation, Acute Coronary Syndrome, Pulmonary, Embolism, Deep Vein Thrombosis and Hemodialysis), End-User (Hospitals, Ambulatory Surgical Centres, Clinics, Homecare Settings and Trauma Centre), Distribution Channel (Direct Tenders, Distributor and Tender), Country (China, Japan, India, Australia, South Korea, Singapore, Malaysia, Indonesia, Thailand, Philippines and Rest of Asia-Pacific) Industry Trends and Forecast to 2028.
Market Analysis and Insights of Asia-Pacific Critical Care Equipment Market
Data Bridge Market Research analyses that the critical care equipment market will exhibit a CAGR of around 10.25% for the forecast period of 2021-2028. Rising prevalence of chronic disorders, increased focus on research and development proficiencies in regards to medical devices and on the adoption of advanced healthcare technologies, growth of geriatric population base and rising expenditure for the development of healthcare infrastructure especially in the developing economies are the major factors attributable to the growth of critical care equipment market.
From the name itself, it is clear that critical care equipment is a combination of medical devices and technology that is used to provide intensive care to the patients. Some of the examples of critical care equipment are pulse oximeter, infusion pump, ventilators and others.
Upsurge in the research and development proficiencies by the life sciences industry for drug deliver purposes is one of the major factors fostering the growth of the market. Growth in the prevalence of cardiovascular disorders, surging number of road accidents and increasing surgical operations are other market growth determinants. Rising westernization, rapid increase in number of health care facilities across the world and rising medical tourism are other important factors that will further generate lucrative market growth opportunities.
However, improper and unfavourable reimbursement scenario in the developing and underdeveloped economies will derail the market growth rate. Also, high costs associated with research and development proficiencies and with the installation and maintenance of certain equipment will further pose challenges for the market. Dearth of skilled professionals in the backward economies will also hamper the market growth rate.
This critical care equipment market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on critical care equipment market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Asia-Pacific Critical Care Equipment Market Scope and Market Size
The critical care equipment market is segmented on the basis of product type, type of monitoring, patient, application, end user, distribution channel. The growth amongst these segments will help you analyse meagre growth segments in the industries, and provide the users with valuable market overview and market insights to help them in making strategic decisions for identification of core market applications.
- Based on product type, the critical care equipment market is segmented into patient monitors, sleep apnea devices, defibrillator, anesthesia machine, ventilators, infusion pump and blood warmer.
- Based on types of monitoring, the critical care equipment market is segmented into hemodynamic monitoring, vital signs monitoring, neurologic monitoring and brain function monitoring.
- Based on patient, the critical care equipment market is segmented into adult, geriatric, pediatric and neonates.
- Based on application, the critical care equipment market is segmented into surgeries, coronary angioplasty, atrial fibrillation, acute coronary syndrome, pulmonary, embolism, deep vein thrombosis and hemodialysis.
- Based on end user, the critical care equipment market is segmented into hospitals, ambulatory surgical centers, clinics, homecare settings and trauma center.
- Based on distribution channel, the critical care equipment market is segmented into direct tenders, distributor and tender.
Asia-Pacific Critical Care Equipment Market Country Level Analysis
The critical care equipment market is analysed and market size insights and trends are provided by country, product type, type of monitoring, patient, application, end user, distribution channel as referenced above.
The countries covered in the critical care equipment market report are China, Japan, India, Australia, South Korea, Singapore, Malaysia, Indonesia, Thailand, Philippines and Rest of Asia-Pacific.
Emerging economies like India and China in Asia-Pacific region dominates the critical care equipment market owing to the growing research and development activities in the medical sciences, growing prevalence of respiratory illnesses and improving healthcare facilities.
The country section of the critical care equipment market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Healthcare Infrastructure Growth Installed Base and New Technology Penetration
The critical care equipment market also provides you with detailed market analysis for every country growth in healthcare expenditure for capital equipment, installed base of different kind of products for digital health technologies market, impact of technology using life line curves and changes in healthcare regulatory scenarios and their impact on the critical care equipment market. The data is available for historic period 2010 to 2019.
Competitive Landscape and Asia-Pacific Critical Care Equipment Market Share Analysis
The critical care equipment market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to critical care equipment market.
The major players covered in the critical care equipment market report are Koninklijke Philips N.V, GENERAL ELECTRIC COMPANY, Integra Life Sciences Corporation, Edwards Lifesciences Corporation, Getinge AB, heyer medical AG, B. Braun Melsungen AG, Drägerwerk AG & Co. KGaA, Medtronic, and Fresenius SE & Co. KGaA among other. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
Customization Available : Asia-Pacific Critical Care Equipment Market
Data Bridge Market Research is a leader in advanced formative research. We take pride in servicing our existing and new customers with data and analysis that match and suits their goal. The report can be customised to include price trend analysis of target brands understanding the market for additional countries (ask for the list of countries), clinical trial results data, literature review, refurbished market and product base analysis. Market analysis of target competitors can be analysed from technology-based analysis to market portfolio strategies. We can add as many competitors that you require data about in the format and data style you are looking for. Our team of analysts can also provide you data in crude raw excel files pivot tables (Factbook) or can assist you in creating presentations from the data sets available in the report.