Intensive Care Beds Market | Covid-19 Impact Analysis

Intensive Care Beds Market Insights

Intensive care beds market is likely to witness an impressive CAGR of 4.3% during the forecast period. The growing demand for intensive care beds is mainly due to the proliferation of the COVID-19 pandemic, which in turn, is bolstering demand for ICU units.

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Market Share Analysis

Intensive Care Beds Market Share: By Application Type

Based on the application type, the intensive care beds market is segmented as general ICUs, specialized ICUs, pediatric and neonatal ICUs. The specialized ICUs are expected to be the fastest-growing segment over the forecast period, owing to their superior advantages over general ICUs.

Intensive Care Beds Market Share: By End-Use Type

Based on the end-use type, the market is segmented as hospitals, ambulatory surgical centers, and others. The hospitals segment is expected to remain dominant during the forecast period due to its fast growth in the number of admissions in hospitals and increasing proportion of ICU beds in hospitals, which is driving the demand for intensive care beds in the market.

Intensive Care Beds Market Share: By Region

In terms of regions, North America is estimated to be the largest as well as the fastest-growing intensive care beds market during the forecast period. The dominance of North America is owing to growing ageing population and increasing prevalence of chronic diseases, which are the factors likely to contribute to the market growth.

Some of the major intensive care bed manufacturers are-

• 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.

Market Scope & Segmentation

Intensive care beds are used in intensive care units (ICUs). These specialist units provide treatment and care for people who are seriously ill patients. They consist of additional equipment, such as ventilators, feeding tubes, etc.

Intensive care beds are of different types, such as electric beds, manual beds, and other beds. They are used in different applications such as general ICUs, specialized ICUs, pediatric and neonatal ICUs.

This report studies the market covering a period of 12 years of trend and forecast. The report provides detailed insights into the market dynamics to enable informed business decision making and growth strategy formulation based on the opportunities present in the market.

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The intensive care beds market is segmented into the following categories. 

Intensive Care Beds Market Size, Share, & Forecast, by Product Type:

• Electric Beds (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
• Manual Beds (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
• Other Beds (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

Intensive Care Beds Market Size, Share, & Forecast, by Application Type:

• General ICUs (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
• Specialized ICUs (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
• Pediatric and Neonatal ICUs (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

Intensive Care Beds Market Size, Share, & Forecast, by End-Use Type:

• Hospitals (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
• Ambulatory Surgical Centers (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
• Others (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

Intensive Care Beds Market Size, Share, & Forecast, by Region:

• North America (Country Analysis: the USA, Canada, and Mexico) 
• Europe (Country Analysis: Germany, France, the UK, Russia, Spain, and Rest of Europe)
• Asia-Pacific (Country Analysis: China, Japan, India, South Korea, and Rest of Asia-Pacific)
• Rest of the World (Sub-Region Analysis: Latin America, the Middle East, and Others)

Research Methodology

This report offers high-quality insights and is the outcome of detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders and validation and triangulation with Stratview Research’s internal database and statistical tools. More than 1,000 authenticated secondary sources, such as company annual reports, fact book, press release, journals, investor presentation, white papers, patents, and articles have been leveraged to gather the data. We conducted more than 10 detailed primary interviews with the market players across the value chain in all four regions and with industry experts to obtain both the qualitative and quantitative insights.

Report Features

This report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights into the market dynamics and will enable strategic decision making for the existing market players as well as those willing to enter the market. The following are the key features of the report:

• Market structure: Overview, industry life cycle analysis, supply chain analysis
• Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis
• Market trend and forecast analysis
• Market segment trend and forecast
• Competitive landscape and dynamics: Market share, product portfolio, product launches, etc.
• Attractive market segments and associated growth opportunities
• Emerging trends
• Strategic growth opportunities for the existing and new players
• Key success factors

Report Customization Options

With this detailed report, Stratview Research offers one of the following free customization options to our respectable clients:

Company Profiling

• Detailed profiling of additional market players (up to 3 players)
• SWOT analysis of key players (up to 3 players)

Market Segmentation

• Current market segmentation of any one of the product types by end-use type.  

Competitive Benchmarking

• Benchmarking of key players on the following parameters: Product portfolio, geographical reach, regional presence, and strategic alliances

Custom Research: Stratview Research offers custom research services across sectors. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please send your inquiry at [email protected].