Global Critical Care Equipment Demand Analysis-COVID-19 Impact (2020-2026): Emphasis on Product Type (Electronic patient monitor, Volumetric infusion pump, Defibrillator, Ventilator, Oxygen Delivery System, Anesthetic Machine, Others); End-User (Hospitals & Clinics, Ambulatory Care and Home Setting) and Country
- UNI4065921
- 152 Pages
- May 2020
- Healthcare
The rapid escalation in Critical Care Equipment is mainly characterized by the accelerating influx of patients in critical care and rapidly rising cases of COVID-19. Cases of COVID-19 are increasing exponentially from just 580 cases on Jan 22 2020 to more than 5.08 million on May 20th 2020. Rising COVID-19 cases has fueled the adoption of clinical care equipment as it has spread across the world, the ICU community must prepare for the challenges associated with this pandemic. Companies that do not operate in these segments are establishing a manufacturing unit to deal with this war-like situation. For instance, In April 2020, workers at a Ford manufacturing plant set up new production lines. Ford aims at producing 1,500 ventilators by the end of the month. B. Braun Melsungen AG, Mindray Bio-Medical Electronics, Medtronic PLC, Nihon Kohden, General Electric, Getinge AB, Heyer Medical AG, Koninklijke Philips N.V., Drägerwerk AG, Integra LifeSciences Holdings Corporation are some of the prominent players operating in the Global Critical Care Equipment market. Several M&A’s along with partnerships have been undertaken by these players to facilitate costumers with hi-tech and innovative products.
Insights Presented in the Report
“Amongst Product Type, Ventilator is expected to dominate the market in 2020”
Based on product type, the global critical care equipment market is segmented into the electronic patient monitor, volumetric infusion pump, defibrillator, ventilator, oxygen delivery system, anesthetic machine and other equipment. An electronic patient monitor is used for recording the vitals of the patient. Ventilators are in huge demand due to the rise of COVID-19 around the globe. Based on our estimate the ventilator segment is expected to generate revenue of US$ 12,143.7 million in 2020.
“Amongst End-User Industry, Hospitals & Clinics are anticipated to demand more of critical care equipment’s in 2020”. The expected surge in demand is expected due to the sudden outbreak of COVID-19 cases worldwide”
Based on End-User, the global critical care equipment market is segmented into hospitals & clinics, ambulatory care and home setting. Demand for critical care equipment is highest in the hospitals due to the rising COVID-19 cases. Patients suffering from COVID-19 require ventilators and other critical care equipment for supporting them during the treatment. Moreover, these equipment are majorly utilized in the Intensive Critical Unit (ICU). The hospital & clinic segment is expected to demand 80.6% of the overall critical care equipment in terms of value in 2020.
“US would represent the largest market for critical care equipment during 2020, as the US is the most affected country with the most number of +ve cases and deaths due to COVID-19”
For a better understanding of the market dynamics of the global Critical Care Equipment market, a detailed analysis was conducted for different countries including the US, Spain, Italy, Germany, France, UK, Turkey, Iran, Russia, India and the rest of the world. United States has witnessed the highest number of cases and deaths due to COVID-19. As of 20th May 2020, the US has recorded 1.59 million COVIUD-19 cases with 94,936 deaths due to the disease.
Competitive Landscape
Some of the major companies analyzed in the study include B. Braun Melsungen AG, Mindray Bio-Medical Electronics Co., Ltd, Medtronic PLC, Nihon Kohden Inc., GE Healthcare, Getinge AB, Aeonmed, Royal Philips NV, Dragerwerk AG and Integra LifeSciences. Owing to the sudden COVID-19 outbreak these companies have increased their overall production of critical care equipment to fulfill the increased demand for this equipment globally.
Reasons to buy this report:
• The study includes market sizing and forecasting analysis validated by authenticated key industry experts
• The report presents a quick review of overall industry performance at one glance
• The report covers in-depth analysis of prominent industry peers with a primary focus on key business financials, product portfolio, expansion strategies, and recent developments
• Detailed examination of drivers, restraints, key trends and opportunities prevailing in the industry
• The study comprehensively covers the market across different segments
• Deep dive regional level analysis of the industry
Customization Options:
Critical Care Equipment Market can further be customized as per the requirement or any other market segment. Besides this, UMI understands that you may have your own business needs, hence feel free to connect with us to get a report that completely suits your requirements.
1.1 Market Definition 14
1.2 Objective of the Study 14
1.3 Limitation 14
1.4 Stakeholders 15
1.5 Currency used in the Report 15
1.6 Scope of the Global Critical Care Equipment Demand Analysis COVID-19 Impact 15
2. RESEARCH METHODOLOGY OR ASSUMPTION 16
2.1 Research Methodology for the Global Critical Care Equipment Market Study 16
2.1.1 Main objective of the Global Critical Care Equipment Market Study 17
3. INDUSTRY PERFORMANCE 18
4. EXECUTIVE SUMMARY 19
5. MARKET OVERVIEW 22
5.1 Introduction 22
5.2 Market Dynamics 22
5.2.1 Market Trend & Drivers 22
5.2.1.1 Accelerating Influx of Patients in Critical Care 22
5.2.1.2 Rising Cases of COVID-19 23
5.2.1.3 Escalating Risk of Infection in Geriatric 23
5.2.1.4 Collaboration of Companies with hospitals to conduct pre-clinical and controlled clinical trials 24
5.2.2 Market Restraints 24
5.2.2.1 Critical Care Devices Supply Shortage due to country Lockdown 24
5.2.3 Market Opportunities 25
5.2.3.1 High Demand Providing Opportunity to Non-Healthcare Companies 25
6. DEMAND AND SUPPLY SIDE ANALYSIS 26
6.1 Demand Side Analysis 26
6.2 Supply Side Analysis 26
6.2.1 Steps Taken to Fulfil the Rising Demand 27
6.2.2 Top Product Launches 27
6.2.3 Top Partnerships 31
6.2.4 Top Mergers & Acquisitions 33
6.2.5 Top Business Expansions, Investment and Divestitures 35
7. CRITICAL CARE EQUIPMENT VALUE CHAIN 37
7.1 Key Value Chain Analysis 37
8. MARKET INSIGHTS BY PRODUCT 39
8.1 General Overview 39
8.1.1 Electronic Patient Monitor 40
8.1.2 Volumetric Infusion Pump 41
8.1.3 Defibrillator 42
8.1.4 Ventilator 43
8.1.5 Oxygen Delivery System 44
8.1.6 Anaesthetic Machine 46
8.1.7 Others Critical Care Equipment 47
9. MARKET INSIGHTS BY END-USER 48
9.1 General Overview 48
9.1.1 Hospitals & Clinics 49
9.1.2 Ambulatory Care 50
9.1.2.1 Key Facts on Ambulatory Care Setting 50
9.1.3 Home Setting 51
10. MARKET INSIGHTS BY COUNTRY 53
10.1 General Overview 53
10.1.1 US Critical Care Equipment Market 54
10.1.1.1 US Critical Care Equipment Market Size 56
10.1.2 Spain Critical Care Equipment Market 57
10.1.2.1 Spain Critical Care Equipment Market Size 57
10.1.3 Italy Critical Care Equipment Market 58
10.1.3.1 Italy Critical Care Equipment Market Size 60
10.1.4 Germany Critical Care Equipment Market 61
10.1.4.1 Germany Critical Care Equipment Market Size 61
10.1.5 UK Critical Care Equipment Market 62
10.1.5.1 UK Critical Care Equipment Market Size 63
10.1.6 France Critical Care Equipment Market 64
10.1.6.1 France Critical Care Equipment Market Size 65
10.1.7 Turkey Critical Care Equipment Market 66
10.1.7.1 Turkey Critical Care Equipment Market Size 67
10.1.8 Iran Critical Care Equipment Market 68
10.1.8.1 Iran Critical Care Equipment Market Size 69
10.1.9 Netherlands Critical Care Equipment Market 70
10.1.9.1 Netherlands Critical Care Equipment Market Size 71
10.1.10 India Critical Care Equipment Market 72
10.1.10.1 India Critical Care Equipment Market Size 72
10.1.11 Rest of World Critical Care Equipment Market 73
10.1.11.1 ROW Critical Care Equipment Market Size 74
11. COMPETITIVE SCENARIO 76
11.1 Competitive Landscape 76
11.1.1 Market Share of Key Players in Critical Care Equipment Market, 2019 76
12. TOP COMPANY PROFILES 78
12.1 B. Braun Melsungen AG 78
12.1.1 Key Facts 78
12.1.2 Business Description 78
12.1.3 Key Product/Services Offerings 79
12.1.4 Growth Strategy 79
12.1.5 SWOT Analysis 80
12.1.6 Key Financials 81
12.1.6.1 Revenue Split 82
12.1.7 Recent Developments 82
12.1.7.1 Product Launches 82
12.1.7.2 Partnerships 83
12.1.7.3 Business Expansions and Investment 83
12.1.7.4 Mergers and Acquisitions 83
12.2 Mindray Bio-Medical Electronics Co., Ltd 85
12.2.1 Key Facts 85
12.2.2 Business Description 85
12.2.3 Key Product/Services Offerings 86
12.2.4 Growth Strategy 86
12.2.5 SWOT Analysis 86
12.2.6 Key Financials 87
12.2.7 Recent Developments 88
12.2.7.1 Product Launches 88
12.2.7.2 Partnerships 88
12.2.7.3 Business Expansions and Investment 89
12.2.7.4 Mergers and Acquisitions 89
12.3 Medtronic PLC 90
12.3.1 Key Facts 90
12.3.2 Business Description 91
12.3.3 Key Product/Services Offerings 91
12.3.4 Growth Strategy 93
12.3.5 SWOT Analysis 94
12.3.6 Key Financials 95
12.3.6.1 Revenue Split 96
12.3.7 Recent Developments 96
12.3.7.1 Product Launches 96
12.3.7.2 Partnerships 100
12.3.7.3 Business Expansions and Investment 100
12.3.7.4 Mergers and Acquisitions 101
12.4 Nihon Kohden Inc. 103
12.4.1 Key Facts 103
12.4.2 Business Description 103
12.4.3 Key Product/Services Offerings 104
12.4.4 Growth Strategy 104
12.4.5 SWOT Analysis 105
12.4.6 Key Financials 106
12.4.6.1 Revenue Split 107
12.4.7 Recent Developments 107
12.4.7.1 Product Launches 107
12.4.7.2 Business Expansions and Investment 108
12.5 GE Healthcare 109
12.5.1 Key Facts 109
12.5.2 Business Description 109
12.5.3 Key Product/Services Offerings 110
12.5.4 Growth Strategy 111
12.5.5 SWOT Analysis 112
12.5.6 Key Financials 113
12.5.6.1 Revenue Split 114
12.5.7 Recent Developments 114
12.5.7.1 Partnerships 114
12.5.7.2 Business Expansions and Investment 115
12.5.7.3 Mergers and Acquisitions 116
12.6 Getinge AB 117
12.6.1 Key Facts 117
12.6.2 Business Description 118
12.6.3 Key Product/Services Offerings 119
12.6.4 Growth Strategy 120
12.6.5 SWOT Analysis 120
12.6.6 Key Financials 121
12.6.6.1 Revenue Split 122
12.6.7 Recent Developments 122
12.6.7.1 Product Launches 122
12.6.7.2 Partnerships 123
12.6.7.3 Business Expansions and Investment 124
12.7 Aeonmed 125
12.7.1 Key Facts 125
12.7.2 Business Description 125
12.7.3 Key Product/Services Offerings 126
12.7.4 Growth Strategy 126
12.7.5 SWOT Analysis 127
12.7.5.1 Business Expansions and Investment 127
12.7.5.2 Mergers and Acquisitions 127
12.8 Royal Philips NV 128
12.8.1 Key Facts 128
12.8.2 Business Description 128
12.8.3 Key Product/Services Offerings 129
12.8.4 Growth Strategy 129
12.8.5 SWOT Analysis 130
12.8.6 Key Financials 131
12.8.6.1 Revenue Split 132
12.8.7 Recent Developments 132
12.8.7.1 Product Launches 132
12.8.7.2 Partnerships 133
12.8.7.3 Business Expansions and Investment 134
12.8.7.4 Mergers and Acquisitions 135
12.9 Dragerwerk AG 136
12.9.1 Key Facts 136
12.9.2 Business Description 137
12.9.3 Key Product/Services Offerings 137
12.9.4 Growth Strategy 138
12.9.5 SWOT Analysis 138
12.9.6 Key Financials 139
12.9.6.1 Revenue Split 140
12.9.7 Recent Developments 140
12.9.7.1 Product Launches 140
12.9.7.2 Partnerships 141
12.9.7.3 Mergers and Acquisitions 141
12.10 Integra LifeSciences 142
12.10.1 Key Facts 142
12.10.2 Business Description 142
12.10.3 Key Product/Services Offerings 142
12.10.4 Growth Strategy 143
12.10.5 SWOT Analysis 144
12.10.6 Key Financials 145
12.10.6.1 Revenue Split 146
12.10.7 Recent Developments 146
12.10.7.1 Partnerships 146
12.10.7.2 Mergers and Acquisitions 146
TABLE 2 Top Product Launches 26
TABLE 3 Top Partnerships 30
TABLE 4 Top Mergers& Acquisitions 32
TABLE 5 Top Business Expansions, Investment and Divestitures 34
TABLE 6 Global Critical Care Equipment Market, by Product, 2019-2026 (US$ million) 38
TABLE 7 Global Electronic Patient Monitor System Market, by Country, 2019-2026 (US$ Million) 39
TABLE 8 Global Volumetric Infusion Pump Market, by Country, 2019-2026 (US$ Million) 40
TABLE 9 Global Defibrillators Market, by Country, 2019-2026 (US$ Million) 41
TABLE 10 Global Ventilator Market, by Country, 2019-2026 (US$ Million) 43
TABLE 11 Global Oxygen Delivery System Market, by Country, 2019-2026 (US$ Million) 44
TABLE 12 Global Anaesthetic Machine Market, by Country, 2019-2026 (US$ Million) 45
TABLE 13 Global Others Critical Care Equipment Market, by Country, 2019-2026 (US$ Million) 46
TABLE 14 Global Hospitals & Clinics Critical Care Equipment Market, by Country, 2019-2026 (US$ Million) 49
TABLE 15 Global Ambulatory Care Critical Care Equipment Market, by Country, 2019-2026 (US$ Million) 50
TABLE 16 Global Home Setting Critical Care Equipment Market, by Country, 2019-2026 (US$ Million) 51
TABLE 17 Global Critical Care Equipment Market, by Country, 2019-2026 (US$ Million) 52
TABLE 18 US Critical Care Equipment Market, by Product, 2019-2026 (US$ million) 55
TABLE 19 Spain Critical Care Equipment Market, by Product, 2019-2026 (US$ million) 56
TABLE 20 Italy Critical Care Equipment Market, by Product, 2019-2026 (US$ million) 59
TABLE 21 Germany Critical Care Equipment Market, by Product, 2019-2026 (US$ million) 60
TABLE 22 UK Critical Care Equipment Market, by Product, 2019-2026 (US$ million) 62
TABLE 23 France Critical Care Equipment Market, by Product, 2019-2026 (US$ million) 64
TABLE 24 Turkey Critical Care Equipment Market, by Product, 2019-2026 (US$ million) 66
TABLE 25 Iran Critical Care Equipment Market, by Product, 2019-2026 (US$ million) 68
TABLE 26 Netherlands Critical Care Equipment Market, by Product, 2019-2026 (US$ million) 70
TABLE 27 Projections Regarding COVID-19 and Related Equipment Status in the Hospitals 71
TABLE 28 India Critical Care Equipment Market, by Product, 2019-2026 (US$ million) 71
TABLE 29 ROW Critical Care Equipment Market, by Product, 2019-2026 (US$ million) 73
TABLE 30 B. Braun Melsungen AG Key Facts 77
TABLE 31 Product segmentation of B. Braun Melsungen AG 78
TABLE 32 B. Braun Melsungen AG Growth Strategy 78
TABLE 33 B. Braun Melsungen AG Product Launches 81
TABLE 34 B. Braun Melsungen AG Partnerships 81
TABLE 35 B. Braun Melsungen AG Business Expansions, Investment and Divestitures 82
TABLE 36 B. Braun Melsungen AG Mergers and Acquisitions 82
TABLE 37 Mindray Bio-Medical Electronics Co., Ltd. Key Facts 83
TABLE 38 Mindray Ownership Structure 83
TABLE 39 Product segmentation of Mindray Bio-Medical Electronics Co., Ltd. 84
TABLE 40 Mindray Bio-Medical Electronics Co., Ltd. Growth Strategy 84
TABLE 41 Mindray Bio-Medical Electronics Co., Ltd. Product Launches 86
TABLE 42 Mindray Bio-Medical Electronics Co., Ltd. Partnerships 86
TABLE 43 Mindray Bio-Medical Electronics Co., Ltd. Business Expansions, Investment and Divestitures 87
TABLE 44 Mindray Bio-Medical Electronics Co., Ltd. Mergers and Acquisitions 87
TABLE 45 Medtronic PLC Key Facts 88
TABLE 46 Medtronic PLC Ownership Structure 88
TABLE 47 Product segmentation of Medtronic PLC 89
TABLE 48 Medtronic PLC Growth Strategy 91
TABLE 49 Medtronic PLC Product Launches 94
TABLE 50 Medtronic PLC Partnerships 98
TABLE 51 Medtronic PLC Business Expansions, Investment and Divestitures 98
TABLE 52 Medtronic PLC Mergers and Acquisitions 99
TABLE 53 Nihon Kohden Inc. Key Facts 101
TABLE 54 Product segmentation of Nihon Kohden 102
TABLE 55 Nihon Kohden Growth Strategy 102
TABLE 56 Nihon Kohden Product Launches 105
TABLE 57 Nihon Kohden Inc. Business Expansions, Investment and Divestitures 106
TABLE 58 GE Healthcare Key Facts 107
TABLE 59 General Electric Co. Ownership Structure 107
TABLE 60 Product segmentation of GE Healthcare 108
TABLE 61 GE Healthcare Growth Strategy 109
TABLE 62 GE Healthcare. Partnerships 112
TABLE 63 General Electric Business Expansions, Investment and Divestitures 113
TABLE 64 General Electric. Mergers and Acquisitions 114
TABLE 65 Getinge AB Key Facts 115
TABLE 66 Getinge AB Ownership Structure 115
TABLE 67 Product segmentation of Getinge AB 117
TABLE 68 Novartis International AG Growth Strategy 118
TABLE 69 Getinge AB Product Launches 120
TABLE 70 Getinge AB Partnerships 121
TABLE 71 Getinge AB Business Expansions, Investment and Divestitures 122
TABLE 72 Aeonmed Key Facts 123
TABLE 73 Product segmentation of Aeonmed 124
TABLE 74 Aeonmed Growth Strategy 124
TABLE 75 Aeonmed Business Expansions, Investment and Divestitures 125
TABLE 76 Aeonmed Mergers and Acquisitions 125
TABLE 77 Royal Philips NV Key Facts 126
TABLE 78 Royal Philips NV Ownership Structure 126
TABLE 79 Product segmentation of Royal Philips NV 127
TABLE 80 Royal Philips NV Growth Strategy 127
TABLE 81 Royal Philips NV Product Launches 130
TABLE 82 Royal Philips NV Partnerships 131
TABLE 83 Royal Philips NV Business Expansions, Investment and Divestitures 132
TABLE 84 Royal Philips NV Mergers and Acquisitions 133
TABLE 85 Dragerwerk AG Key Facts 134
TABLE 86 Dragerwerk AG Corporation Ownership Structure 134
TABLE 87 Product segmentation of Dragerwerk AG 135
TABLE 88 Dragerwerk AG Growth Strategy 136
TABLE 89 Dragerwerk AG Product Launches 138
TABLE 90 Dragerwerk AG Partnerships 139
TABLE 91 Dragerwerk AG Mergers and Acquisitions 139
TABLE 92 Integra LifeSciences Key Facts 140
TABLE 93 Product segmentation of Integra LifeSciences 140
TABLE 94 Integra LifeSciences Growth Strategy 141
TABLE 95 Integra LifeSciences Partnerships 144
TABLE 96 Integra LifeSciences Mergers and Acquisitions 144
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