The critical care devices market is expected to reach USD 2.61 Billion by 2021 from USD 1.78 Billion in 2016, at a CAGR of 8.0% during the forecast period. Continuous technological advancements in critical care devices, increasing government support, growing private sector investments in the healthcare industry, and increasing patient population base are key factors fuelling the growth of the critical care devices market in the emerging nations
Complete report on Asia and North Africa Critical Care Equipment Market spread across 150 Pages, Profiling 10 Companies and Supported with 107 Tables and 39 Figures is now available at http://www.rnrmarketresearch.com/asia-and-north-africa-critical-care-equipment-market-by-product-infusion-pumps-ventilators-patient-monitors-competitive-analysis-forecasts-to-2021-market-report.html .
Asia and the Middle East and North Africa (MENA) region offer high-growth potential for companies engaged in the development and marketing of critical care devices to hospitals and clinics. Growing geriatric population, increasing cases of chronic and respiratory diseases, growing number of local manufacturers, and increasing number of super-speciality hospitals are the key factors propelling the growth of the critical care devices market in the emerging countries.
Research is useful for following audience:
- Critical Care Equipment Dealers and Suppliers
- Critical Care Equipment Service Providers
- Healthcare Institutions (Hospitals, Diagnostic Centers, and Outpatient Clinics)
- Venture Capitalists
- Insurance Providers (Payers)
- Government Bodies
- Consulting Service Providers
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In this report, the critical care devices market has been segmented on the basis of product (covering patient monitors, ventilators, and infusion pumps) and region (Asia and Middle East &North Africa).The patient monitors segment is estimated to account for the largest share of the critical care devices market in 2016. The opening of new multi speciality hospitals and improving healthcare infrastructure in tier II and III cities is driving the growth of this segment in emerging nations.
Geographically, Asia (excluding India)is expected
to command the largest share of the critical care devices market in 2016,
followed by Middle East and North Africa. 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 in the critical care
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Geographic expansion is the primary growth strategy adopted by major players to increase their presence in the Indian critical care devices market. Moreover, strategies such as new product launches and product enhancements; partnerships, agreements, and collaborations; and acquisitions were also adopted by a significant number of market players to strengthen their product portfolios and increase their visibility in the critical care devices market.
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