Intensive Care Beds Market Trends & Forecast | 2022-2028

Market Insights

The Intensive Care Beds 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.

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What are Intensive Care Beds?

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, and pediatric and neonatal ICUs.

Kay Players

Some of the major Intensive Care Beds manufacturers are-

• Getinge AB
• Malvestio S.P.A.
• Hill-Rom Holdings, Inc.
• Invacare Corporation
• Linet Spol. S.R.O.
• Medline Industries, Inc.
• Merivaara Corp.
• Span-America Medical Systems, Inc.
• Stiegelmeyer GmbH & Co. Kg.
• Stryker Corporation.

Market Driver

The prime factor that is contributing to the growth of the market are-

• 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.
• Increase in aging population and growth in chronic diseases are also some of the major factors responsible for the growth of the global ICU beds market.
• The surge in emergency hospital visits due to better insurance coverage and higher disposable income less than before will impel the hospital bed market.

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Segment 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 as general ICUs, specialized ICUs, pediatric and neonatal ICUs.

By End-Use Type

The Hospitals segment is expected to remain dominant during the forecast period.

The market is segmented as hospitals, ambulatory surgical centers, and others. 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.

By Region

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 growing ageing population and increasing prevalence of chronic diseases, which are the factors likely to contribute to the market growth.

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The market is segmented into the following categories. 

By Product Type

• Electric Beds
• Manual Beds
• Other Beds

By Application Type

• General ICUs
• Specialized ICUs
• Pediatric and Neonatal ICUs

By End-Use Type

• Hospitals
• Ambulatory Surgical Centers 
• Others

By Region

• North America
• Europe
• Asia-Pacific
• Rest of the World

Report Features

This report provides market intelligence most comprehensively. 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:

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

Research Methodology

This report offers high-quality insights and is the outcome of a 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 books, press releases, journals, investor presentations, 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 qualitative and quantitative insights.

Target Audience

The following is a list of the customers that the market aims to convert the most:

• Manufacturers
• Suppliers
• Distributors
• Organizations
• Government bodies

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)

Competitive Benchmarking

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

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