The report "Asia and North Africa Critical Care Equipment Market by Product (Infusion Pumps, Ventilators, & Patient Monitors) - Competitive Analysis & Forecasts to 2021", analyzes and studies the major market drivers, restraints, opportunities, and challenges in the emerging nations
Browse 19 market data Tables and 49 Figures spread through 159 Pages and in-depth TOC on "Asia and North Africa Critical Care Equipment Market by Product (Infusion Pumps, Ventilators, & Patient Monitors) - Competitive Analysis & Forecasts to 2021"
Early buyers will receive 10% customization on reports.
This report studies the critical care devices market in emerging nations over the forecast period of 2016 to 2021. The market is expected to reach USD 2.61 Billion by 2021, at CAGR of 8.0% from 2016 to 2021.
On the basis of product, the critical care devices market is divided into three major segments, namely, patient monitors, ventilators, and infusion pumps. The patient monitors segment is estimated to hold the largest share of the critical care devices market in emerging nations in 2016. Increasing patient population base, development of new patient monitors with wireless and sensor technology, and increasing private sector investments are driving the growth of this market segment.
On the basis of region, the critical care devices market report covers an in depth analysis of the Indian market and an overview of the Asian and Middle East & North African market.
A number of factors such as technological advancements, rising development of home use and remote patient monitoring devices, huge patient base in India, increasing number of pre-term births, rising prevalence of respiratory and chronic diseases, growing number of ICU patients and surgical procedures, and growing government initiatives for promoting indigenous manufacturing of medical products are fueling the demand for critical care devices in emerging nations. Additionally, rising medical tourism in India, improving healthcare infrastructure, and development of multiparameter monitors are some other factors contributing to the growth of the critical care devices market. On the other hand, high cost of critical care devices and increasing use of refurbished systems are the key factors hampering the growth of the critical care devices market in emerging nations.
As of 2016, Asia is estimated to hold the largest share of the critical care devices market, followed by Middle East and North Africa. The Indian critical care devices market is expected to grow at the highest CAGR from 2016 to 2021. Presence of a large geriatric population, increasing prevalence of chronic and respiratory diseases, improving healthcare infrastructure in rural areas, and increasing number of super-specialty hospitals in India are propelling the growth of the Indian critical care devices market.
Koninklijke Philips N.V. (Netherlands), General Electric Company (U.S.), Medtronic plc (U.S.), Drägerwerk AG & Co. KGaA (Germany), Skanray Technologies Pvt. Ltd (India), Maquet Holding B.V. & Co. KG. (Germany), B. Braun Melsungen AG (Germany), and Fresenius Kabi (Germany) are some of the key players operating in the critical care devices market.
MarketsandMarkets is the world’s No. 2 firm in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to a multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications. Our 850 fulltime analyst and SMEs at MarketsandMarkets are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors.
M&M’s flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. The new included chapters on Methodology and Benchmarking presented with high quality analytical infographics in our reports gives complete visibility of how the numbers have been arrived and defend the accuracy of the numbers.
We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository.
Markets and Markets
UNIT no 802, Tower no. 7, SEZ
Magarpatta city, Hadapsar
Pune, Maharashtra 411013, India
Email: [email protected]