Asia Pacific Critical Care Equipment Market Forecast to 2027 - COVID-19 Impact and Regional Analysis by Product (Ventilators, Patient Monitor Systems, Infusion Pumps, and Others); Application (Cardiology, Pulmonology, Orthopedics, Neurology, and Others); End-User (Hospitals, Ambulatory Care Centers, Home Care, and Others) and Country
The Asia Pacificcritical care equipment market is expected to reach US$ 10,552.25 million in 2027 from US$ 4,602.61 million in 2019. The market is estimated to grow with a CAGR of 10.2% from 2020-2027.
Critical care equipment includes cardiac support, patient monitoring, respiratory support, emergency resuscitation devices, pain management, and other life support equipment designed to care for critically ill patients or have undergone a major surgical procedure, thereby requiring 24-hour care monitoring. These devices help in preventing any serious injury or death of the patient. They are essential in all healthcare facilities like hospitals, clinics, and others. The scope of the Asia Pacific Critical Care Equipment market includes product, application, end-user, and region.
India Critical Care Equipment Market Revenue and Forecasts to 2027 (US$ MN)
Get more information on this report :
Market Insights-
An Uprise in the Development of the Medical Device Industry
The healthcare sector has been booming and has expanded vastly over the years. The medical device industry has shown massive growth due to the need for critical care equipments in the market. The South Korean medical device industry is the fourth largest in the Asia Pacific region and serves vital growth opportunities for the market. The country exports medical equipment such as ultrasound, dental implants, X-Ray machines, IVD kits, critical care devices are among others to the US, Japan, and Germany.Moreover, Japan has gained substantial growth in the medical device industry. The development of the market is defined by the significantly rising artificial intelligence for medical technology. It has a well-established healthcare system, and the government is continuously backing the country’s healthcare industry. Japan has several market leaders that have enhanced the production of medical devices during the COVID-19 pandemic period. For instance, companies such as Terumo Corporation and Nipro Corporation have enhanced their extracorporeal membrane oxygenation (ECMO) machines. ~100 units have been increased in the production, which is equivalent to its regular production for a year. Japanese companies are increasing the production of critical instruments such as ventilators to cope with the rising demand for the devices due to the ongoing COVID19 pandemic. For instance, Hitachi Ltd. collaborates with local ventilator manufacturers and supports increasing ventilators’ production.
Product- Based Market Insights
Based on product,thecritical care equipment marketis segmented into patient monitor systems, ventilators, infusion pumps, and others. The patient monitor systems segment held the largest share of the market in 2019, whereas the ventilators segment is anticipated to register the highest CAGR in the market during the forecast period.
Asia Pacific Critical Care Equipment Market, by Product – 2019 and 2027
Get more information on this report :
Application- Based Market Insights
Based on application, the critical care equipment market is segmented into cardiology, pulmonology, neurology, orthopedic, and others. The cardiology segment held the largest share of the market in 2019, whereas the pulmonology segment is anticipated to register the highest CAGR in the market during the forecast period.
End-User - Based Market Insights
Based on end-user, the critical care equipment market, is segmented into hospitals, ambulatory care centers, home care, and others. The hospitals segment held the largest share of the market in 2019, also the same segment is anticipated to register the highest CAGR in the market during the forecast period.
Strategic Insights
Product launches and approvals are commonly adopted strategies by companies to expand their footprint worldwide and meet the growing demand. The players operating in the critical care equipment market adopt the expansion, collaboration, and product launch strategies to enlarge customer base across the world. These strategies allow the players to maintain their brand name globally. For instance,KONINKLIJKE PHILIPS N.V. developed MeCare a mobile-enabled care technology that provides chronically track of ill patient’s daily health targets, manages symptoms, and uses video conferencingfor daily monitoring.
ASIA PACIFICCRITICAL CARE EQUIPMENT MARKET SEGMENTATION
By Product
- Cardiology
- Pulmonology
- Neurology
- Orthopaedic
- Others
- Hospitals
- Ambulatory Care Centers
- Home Care
- Others
- Asia Pacific
- China
- Japan
- India
- South Korea
- Australia
Company Profiles
- General Electric Company
- Medtronic
- Braun Melsungen AG
- Baxter International Inc
- Hamilton Medical
- Getinge AB
- Koninklijke Philips N.V
- Asahi Kasei Corporation
- Shenzhen Mindray Biomedical Electronics Co., Ltd
1. Introduction
1.1 Scope of the Study
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
1.3.1 Critical Care Equipment Market – By Product
1.3.2 Critical Care Equipment Market – By Application
1.3.3 Critical Care Equipment Market – By End User
1.3.4 Asia Pacific Critical Care Equipment Market – By Country
2. Asia Pacific Critical Care Equipment Market – Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. Asia Pacific Critical Care Equipment Market – Market Landscape
4.1 Overview
4.2 PEST Analysis
4.2.1 Critical Care Equipment Market- Asia Pacific PEST Analysis
4.3 Expert Opinion
5. Asia Pacific Critical Care Equipment Market - Key Market Dynamics
5.1 Market Drivers
5.1.1 Growing Prevalence of Respiratory Illnesses
5.1.2 High Growth in Diabetes and the Aging Population
5.2 Market Restraints
5.2.1 Reformed Government Policies Post the Covid-19 Pandemic
5.3 Market Opportunities
5.3.1 An Uprise in the Development of the Medical Device Industry
5.4 Future Trends
5.4.1 Various Advanced Technologies and Product Developments
5.5 Impact Analysis
6. Critical Care Equipment Market – Asia Pacific Analysis
6.1 Asia PacificCritical Care Equipment Market Revenue Forecasts and Analysis
7. Asia Pacific Critical Care Equipment Market Analysis and Forecasts To 2027 – ByProduct
7.1 Overview
7.2 Critical Care Equipment Market Revenue Share, by Product(2019 and 2027)
7.3 Patient Monitor System
7.3.1 Overview
7.3.2 Patient Monitor System: Critical Care Equipment Market– Revenue and Forecast to 2027 (US$ Million)
7.4 Ventilators
7.4.1 Overview
7.4.2 Ventilators: Critical Care Equipment Market– Revenue and Forecast to 2027 (US$ Million)
7.4.3 Invasive
7.4.3.1 Overview
7.4.3.2 Invasive: Ventilator – Revenue and Forecast to 2027 (US$ Million)
7.4.4 Non-Invasive
7.4.4.1 Overview
7.4.4.2 Non-Invasive: Ventilator – Revenue and Forecast to 2027 (US$ Million)
7.5 Infusion Pumps
7.5.1 Overview
7.5.2 Infusion Pumps: Critical Care Equipment Market – Revenue and Forecast to 2027 (US$ Million)
7.6 Others
7.6.1 Overview
7.6.2 Others: Critical Care Equipment Market – Revenue and Forecast to 2027 (US$ Million)
8. Asia Pacific Critical Care Equipment Market Analysis – By Application
8.1 Overview
8.2 Critical Care Equipment Market Revenue Share, by Application (2019 and 2027)
8.3 Cardiology
8.3.1 Overview
8.3.2 Cardiology: Critical Care Equipment Market – Revenue and Forecast to 2027 (US$ Million)
8.4 Pulmonology
8.4.1 Overview
8.4.2 Pulmonology: Critical Care Equipment Market – Revenue and Forecast to 2027 (US$ Million)
8.5 Neurology
8.5.1 Overview
8.5.2 Neurology:Critical Care Equipment Market– Revenue and Forecast to 2027 (US$ Million)
8.6 Orthopaedic
8.6.1 Overview
8.6.2 Orthopaedic: Critical Care Equipment Market– Revenue and Forecast to 2027 (US$ Million)
8.7 Others
8.7.1 Overview
8.7.2 Others: Critical Care Equipment Market– Revenue and Forecast to 2027 (US$ Million)
9. Asia Pacific Critical Care Equipment Market Analysis – By End-User
9.1 Overview
9.2 Critical Care Equipment Market Revenue Share, by End User (2019 and 2027)
9.3 Hospitals
9.3.1 Overview
9.3.2 Hospitals: Critical Care Equipment Market– Revenue and Forecast to 2027 (US$ Million)
9.4 Ambulatory Surgical Centers
9.4.1 Overview
9.4.2 Ambulatory Surgical Centers: Ventilator – Revenue and Forecast to 2027 (US$ Million)
9.5 Home care
9.5.1 Overview
9.5.2 Home care: Critical Care Equipment Market – Revenue and Forecast to 2027 (US$ Million)
9.6 Others
9.6.1 Overview
9.6.2 Others: Critical Care Equipment Market – Revenue and Forecast to 2027 (US$ Million)
10. Critical Care Equipment Market Revenue and Forecasts To 2027 – Geographical Analysis
10.1 .Asia Pacific: Critical Care Equipment Market
10.1.1 Overview
10.1.2 Asia Pacific: Critical Care Equipment Market - Revenue and Forecast to 2027 (USD Million)
10.1.3 Asia Pacific: Critical Care Equipment Market, by Product, 2018–2027 (USD Million)
10.1.3.1 Asia Pacific: Ventilators Market, by Type, 2018–2027 (USD Million)
10.1.4 Asia Pacific: Critical Care Equipment Market, By Application, 2018–2027 (USD Million)
10.1.5 Asia Pacific: Critical Care Equipment Market, By End User, 2018–2027 (USD Million)
10.1.6 Asia Pacific: Critical Care Equipment Market, by Country, 2019& 2027 (%)
10.1.7 China: Critical Care Equipment Market – Revenue and Forecast to 2027 (USD Million)
10.1.7.1 China: Critical Care Equipment Market – Revenue and Forecast to 2027 (USD Million)
10.1.7.2 China: Critical Care Equipment Market, by Product, 2018–2027 (USD Million)
10.1.7.2.1 China:Ventilators Market, by Type, 2018–2027 (USD Million)
10.1.7.3 China:Critical Care Equipment Market, By Application, 2018–2027 (USD Million)
10.1.7.4 China: Critical Care Equipment Market, By End User, 2018–2027 (USD Million)
10.1.8 Japan: Critical Care Equipment Market – Revenue and Forecast to 2027 (USD Million)
10.1.8.1 Japan: Critical Care Equipment Market – Revenue and Forecast to 2027 (USD Million)
10.1.8.2 Japan: Critical Care Equipment Market, by Product, 2018–2027 (USD Million)
10.1.8.2.1 Japan:Ventilators Market, by Type, 2018–2027 (USD Million)
10.1.8.3 Japan:Critical Care Equipment Market, By Application, 2018–2027 (USD Million)
10.1.8.4 Japan: Critical Care Equipment Market, By End User, 2018–2027 (USD Million)
10.1.9 India: Critical Care Equipment Market – Revenue and Forecast to 2027 (USD Million)
10.1.9.1 India: Critical Care Equipment Market – Revenue and Forecast to 2027 (USD Million)
10.1.9.2 India: Critical Care Equipment Market, by Product, 2018–2027 (USD Million)
10.1.9.2.1 India:Ventilators Market, by Type, 2018–2027 (USD Million)
10.1.9.3 India:Critical Care Equipment Market, By Application, 2018–2027 (USD Million)
10.1.9.4 India: Critical Care Equipment Market, By End User, 2018–2027 (USD Million)
10.1.10 South Korea: Critical Care EquipmentMarket – Revenue and Forecast to 2027 (USD Million)
10.1.10.1 South Korea: Critical Care Equipment Market – Revenue and Forecast to 2027 (USD Million)
10.1.10.2 South Korea: Critical Care Equipment Market, by Product, 2018–2027 (USD Million)
10.1.10.2.1 South Korea:Ventilators Market, by Type, 2018–2027 (USD Million)
10.1.10.3 South Korea:Critical Care Equipment Market, By Application, 2018–2027 (USD Million)
10.1.10.4 South Korea: Critical Care Equipment Market, By End User, 2018–2027 (USD Million)
10.1.11 Australia: Critical Care Equipment Market – Revenue and Forecast to 2027 (USD Million)
10.1.11.1 Australia: Critical Care Equipment Market – Revenue and Forecast to 2027 (USD Million)
10.1.11.2 Australia: Critical Care Equipment Market, by Product, 2018–2027 (USD Million)
10.1.11.2.1 Australia:Ventilators Market, by Type, 2018–2027 (USD Million)
10.1.11.3 Australia:Critical Care Equipment Market, By Application, 2018–2027 (USD Million)
10.1.11.4 Australia: Critical Care Equipment Market, By End User, 2018–2027 (USD Million)
11. Impact Of COVID-19 Pandemic on Asia Pacific Critical Care Equipment Market
11.1 Asia Pacific: Impact Assessment of COVID-19 Pandemic
12. COMPANY PROFILES
12.1 General Electric Company
12.1.1 Key Facts
12.1.2 Business Description
12.1.3 Products and Services
12.1.4 Financial Overview
12.1.5 SWOT Analysis
12.1.6 Key Developments
12.2 Getinge AB
12.2.1 Key Facts
12.2.2 Business Description
12.2.3 Products and Services
12.2.4 Financial Overview
12.2.5 SWOT Analysis
12.2.6 Key Developments
12.3 Nihon Kohden Corporation
12.3.1 Key Facts
12.3.2 Business Description
12.3.3 Products and Services
12.3.4 Financial Overview
12.3.5 SWOT Analysis
12.3.6 Key Developments
12.4 Fisher & Paykel Healthcare Limited.
12.4.1 Key Facts
12.4.2 Business Description
12.4.3 Products and Services
12.4.4 Financial Overview
12.4.5 SWOT Analysis
12.4.6 Key Developments
12.5 Shenzhen Mindray Biomedical Electronics Co., Ltd.
12.5.1 Key Facts
12.5.2 Business Description
12.5.3 Products and Services
12.5.4 Financial Overview
12.5.5 SWOT Analysis
12.5.6 Key Developments
Source: Press Release, Newsletters, and Company Annual Report
13. Appendix
13.1 About the Insight Partners
13.2 Glossary of terms
LIST OF TABLES
Table 1. Asia Pacific Critical Care Equipment Market, by Product – Revenue and Forecast to 2027 (USD Million)
Table 2. Asia Pacific Ventilators Market, by Type – Revenue and Forecast to 2027 (USD Million)
Table 3. Asia Pacific Critical Care Equipment Market, By Application – Revenue and Forecast to 2027 (USD Million)
Table 4. Asia Pacific Critical Care Equipment Market, By End User – Revenue and Forecast to 2027 (USD Million)
Table 5. China Critical Care Equipment Market, by Product – Revenue and Forecast to 2027 (USD Million)
Table 6. China Ventilators Market, by Type – Revenue and Forecast to 2027 (USD Million)
Table 7. China Critical Care Equipment Market, By Application – Revenue and Forecast to 2027 (USD Million)
Table 8. China Critical Care Equipment Market, By End User – Revenue and Forecast to 2027 (USD Million)
Table 9. Japan Critical Care Equipment Market, by Product – Revenue and Forecast to 2027 (USD Million)
Table 10. Japan Ventilators Market, by Type – Revenue and Forecast to 2027 (USD Million)
Table 11. Japan Critical Care Equipment Market, By Application – Revenue and Forecast to 2027 (USD Million)
Table 12. Japan Critical Care Equipment Market, By End User – Revenue and Forecast to 2027 (USD Million)
Table 13. India Critical Care Equipment Market, by Product – Revenue and Forecast to 2027 (USD Million)
Table 14. India Ventilators Market, by Type – Revenue and Forecast to 2027 (USD Million)
Table 15. India Critical Care Equipment Market, By Application – Revenue and Forecast to 2027 (USD Million)
Table 16. India Critical Care Equipment Market, By End User – Revenue and Forecast to 2027 (USD Million)
Table 17. South Korea Critical Care Equipment Market, by Product – Revenue and Forecast to 2027 (USD Million)
Table 18. South Korea Ventilators Market, by Type – Revenue and Forecast to 2027 (USD Million)
Table 19. South Korea Critical Care Equipment Market, By Application – Revenue and Forecast to 2027 (USD Million)
Table 20. South Korea Critical Care Equipment Market, By End User – Revenue and Forecast to 2027 (USD Million)
Table 21. Australia Critical Care Equipment Market, by Product – Revenue and Forecast to 2027 (USD Million)
Table 22. Australia Ventilators Market, by Type – Revenue and Forecast to 2027 (USD Million)
Table 23. Australia Critical Care Equipment Market, By Application – Revenue and Forecast to 2027 (USD Million)
Table 24. Australia Critical Care Equipment Market, By End User – Revenue and Forecast to 2027 (USD Million)
Table 25. Glossary of Terms, Critical Care Equipment Market
LIST OF FIGURES
Figure 1. Critical Care Equipment Market Segmentation
Figure 2. Asia PacificCritical Care Equipment Market Overview
Figure 3. Hospitals Segment Held Largest Share of End-User in Critical Care Equipment Market
Figure 4. India is Expected to Show Remarkable Growth During the Forecast Period
Figure 5. Critical Care Equipment Market - Asia Pacific PEST Analysis
Figure 6. Critical Care Equipment Market Impact Analysis of Driver and Restraints
Figure 7. Asia Pacific Critical Care Equipment Market – Revenue Forecasts and Analysis – 2019- 2027
Figure 8. Critical Care Equipment Market Revenue Share, by Product (2019 and 2027)
Figure 9. Patient Monitor System: Critical Care Equipment Market– Revenue and Forecast to 2027 (US$ Million)
Figure 10. Ventilators: Critical Care Equipment Market– Revenue and Forecast to 2027 (US$ Million)
Figure 11. Invasive: Ventilator – Revenue and Forecast to 2027 (US$ Million)
Figure 12. Non-Invasive: Ventilator – Revenue and Forecast to 2027 (US$ Million)
Figure 13. Infusion Pumps: Critical Care Equipment Market– Revenue and Forecast to 2027 (US$ Million)
Figure 14. Others: Critical Care Equipment Market– Revenue and Forecast to 2027 (US$ Million)
Figure 15. Critical Care Equipment Market Revenue Share, by Application (2019 and 2027)
Figure 16. Cardiology:Critical Care Equipment Market– Revenue and Forecast to 2027 (US$ Million)
Figure 17. Pulmonology: Critical Care Equipment Market– Revenue and Forecast to 2027 (US$ Million)
Figure 18. Neurology:Critical Care Equipment Market– Revenue and Forecast to 2027 (US$ Million)
Figure 19. Orthopaedic: Critical Care Equipment Market– Revenue and Forecast to 2027 (US$ Million)
Figure 20. Others: Critical Care Equipment Market– Revenue and Forecast to 2027 (US$ Million)
Figure 21. Critical Care Equipment Market Revenue Share, by End User (2019 and 2027)
Figure 22. Hospitals: Critical Care Equipment Market– Revenue and Forecast to 2027 (US$ Million)
Figure 23. Ambulatory Surgical Centers: Ventilator – Revenue and Forecast to 2027 (US$ Million)
Figure 24. Home care: Critical Care Equipment Market– Revenue and Forecast to 2027 (US$ Million)
Figure 25. Others: Critical Care Equipment Market– Revenue and Forecast to 2027 (US$ Million)
Figure 26. Asia Pacific: Critical Care Equipment Market, by Key Country – Revenue (2019) (USD Million)
Figure 27. Asia Pacific Critical Care Equipment Market Revenue and Forecast to 2027 (USD Million)
Figure 28. China: Critical Care Equipment Market – Revenue and Forecast to 2027 (USD Million)
Figure 29. Japan: Critical Care Equipment Market – Revenue and Forecast to 2027 (USD Million)
Figure 30. India: Critical Care Equipment Market – Revenue and Forecast to 2027 (USD Million)
Figure 31. South Korea: Critical Care Equipment Market – Revenue and Forecast to 2027 (USD Million)
Figure 32. Australia: Critical Care Equipment Market – Revenue and Forecast to 2027 (USD Million)
Figure 33. Impact of COVID-19 Pandemic in Asia Pacificand Country Markets
- General Electric Company
- Medtronic
- Braun Melsungen AG
- Baxter International Inc
- Hamilton Medical
- Getinge AB
- Koninklijke Philips N.V
- Asahi Kasei Corporation
- Shenzhen Mindray Biomedical Electronics Co., Ltd
- To understand the Asia Pacific critical care equipment market landscape and identify market segments that are most likely to guarantee a strong return
- Stay ahead of the race by comprehending the ever-changing competitive landscape for critical care equipment market
- Efficiently plan M&A and partnership deals in Asia Pacific critical care equipment market by identifying market segments with the most promising probable sales
- Helps to take knowledgeable business decisions from perceptive and comprehensive analysis of market performance of various segment form Critical care equipment market
- Obtain market revenue forecast for market by various segments from 2019 to 2027 in Asia Pacific region