Global Portable Critical Care Equipment’s Market, By Type (Diagnostic Imaging and Monitoring Devices), Patient (Adult, Geriatric, Paediatric and Neonates), Application (Neurology, Cardiology, Respiratory and Other Surgeries), Distribution Channel (Direct Tenders, Distributors and Retailers), Country (U.S., Canada, Mexico, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia- Pacific, Brazil, Argentina, Rest of South America, South Africa, Saudi Arabia, UAE, Egypt, Israel, Rest of Middle East & Africa) Industry Trends and Forecast to 2028
Market Analysis and Insights of Portable Critical Care Equipment’s Market
Rising the geriatric population in need of medical assistance has emerged as the major factor for the rise in the portable critical care equipment’s market value. Data Bridge Market Research analyses that the portable critical care equipment’s market will exhibit a CAGR of around 9.81% for the forecast period of 2021-2028. This means that the current market value, that is USD 7027.82 million will rocket up to USD 14857.85 million by 2028.
The rising preference of patients to get medical treatment in-house has led to portable critical care equipment. The portable critical care equipment is convenient in handling, mobile and act as long-term assets. The market players have grabbed the opportunity and have introduced portable critical care equipment to save huge amounts that he or she will spend in a hospital. These provide various monitoring and diagnostic services to the patients as well as healthcare providers.
The rise in patients suffering from acute or chronic ailments has led to the rise in demand for portable critical care equipment. Also, the increase in the geriatric population across the globe has created lucrative growth opportunities for the portable critical care equipment’s market. The rising number of accidents has contributed to the significant rise of the market growth rate. The recent Coronavirus outbreak has led to the rise in demand for portable critical care equipment via e-commerce platforms. Rising preference to get medical assistance at home is another growth determinant.
However, the high cost of this equipment coupled with high maintenance cost will prove to be a growth retardant. Also, a level of knowledge and expertise is required to handle the equipment which not everybody possesses.
This portable critical care equipment’s 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 portable critical care equipment’s market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Portable Critical Care Equipment’s Market Scope and Market Size
The portable critical care equipment’s market is segmented on the basis of type, patient, application and 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.
- On the basis of type, the portable critical care equipment’s market is segmented into diagnostic imaging and monitoring devices. Diagnostic imaging is further sub-segmented into X-ray, ultrasounds and endoscopes. Monitoring devices are also further bifurcated into cardiac monitoring, neuro monitoring, respiratory monitoring, fetal and neonatal monitoring, vital sign monitoring, and hemodynamic monitoring system. Cardiac monitoring is further sub-segmented into holter monitors, resting ECG system, stress ECG monitors, event monitoring systems and ECG management systems. Neuro monitoring is also further bifurcated into EEG monitors, EMG machines, ICP monitors, MEG machines and cerebral oximeters. Respiratory monitoring can also be further dissected into capnographs, spirometers and peak flow meters.
- On the basis of patient, the market is segmented into adult, geriatric, paediatric and neonates.
- The market can also be segmented on the basis of application into neurology, cardiology, respiratory and other surgeries.
- On the basis of distribution channel, the market is segmented into direct tenders, distributors and retailers.
Portable Critical Care Equipment’s Market Country Level Analysis
The portable critical care equipment’s market is analysed and market size insights and trends are provided by country, type, patient, application and distribution channel as referenced above.
The countries covered in the portable critical care equipment’s market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
North America dominates the market due to the prevalence of good quality healthcare infrastructure and improving research and development proficiencies to provide the best portable critical care equipment. Asia-Pacific, on the other hand will flourish during the forecast period by scoring the highest CAGR due to rising geriatric population in need of medical assistance coupled with improving healthcare infrastructure.
The country section of the portable critical care equipment’s 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
Portable critical care equipment’s 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 portable critical care equipment’s market. The data is available for historic period 2010 to 2019.
Competitive Landscape and Portable Critical Care Equipment’s Market Share Analysis
The portable critical care equipment’s 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 portable critical care equipment’s market.
The major players covered in the portable critical care equipment’s market report are Medtronic, GENERAL ELECTRIC COMPANY, Koninklijke Philips N.V., F. Hoffmann-La Roche Ltd, Ventec Life Systems, Abbott., Integra LifeSciences Corporation., Smiths Medical, B. Braun Melsungen AG, VYAIRE, Nox Medical, OMRON Corporation, BPL Medical Technologies 2021., Briggs Healthcare, NIHON KOHDEN CORPORATION., Skanray Technologies Pvt. Ltd, CONTEC MEDICAL SYSTEMS CO.,LTD., Carestream Health., MinXray, Inc., and Animas LLC among other domestic and global players. Market share data is available for Global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
SKU-