Global critical care equipment industry to reach USD 7.3B by 2030

The “Critical care equipment – Global strategic business report” report has been added to ResearchAndMarkets.com’s offering.

The global market for Critical Care Equipment estimated at US$4.6 Billion in the year 2022, is projected to reach a revised size of US$7.3 Billion by 2030, growing at a CAGR of 6% over the analysis period 2022-2030.

Patient Monitors, one of the segments analyzed in the report, is projected to record a 6.6% CAGR and reach US$2.4 Billion by the end of the analysis period.

Taking into account the ongoing post pandemic recovery, growth in the Ventilators segment is readjusted to a revised 6.1% CAGR for the next 8-year period.

The U.S. Market is Estimated at $1.4 Billion, While China is Forecast to Grow at 5.5% CAGR

The Critical Care Equipment market in the U.S. is estimated at US$1.4 Billion in the year 2022. China, the world’s second largest economy, is forecast to reach a projected market size of US$1.3 Billion by the year 2030 trailing a CAGR of 5.5% over the analysis period 2022 to 2030.

Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 5.4% and 4.9% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 4.5% CAGR.

Select competitors (Total 49 featured) –

• AKAS Medical
• B. Braun Melsungen AG
• BPL Medical Technologies Pvt., Ltd.
• Dragerwerk AG & Co. KGaA
• Fresenius Kabi AG
• General Electric Company
• Koninklijke Philips NV
• MAQUET Holding B.V. & Co. KG
• Medtronic PLC
• Nihon Kohden Corporation
• Skanray Technologies Pvt. Ltd.
• Smiths Medical

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