Global ICU Beds Market Size 2024, Forecast To 2033

12 Jan, 2024

Experiencing strong growth, the ICU beds market is set to increase from $2.02 billion in 2023 to $2.15 billion in 2024, reflecting a 6.9% CAGR. Historical growth drivers encompass the aging population, technological advancements, healthcare infrastructure development, and increased critical care demand. The forecast anticipates continued expansion, reaching $2.9 billion in 2028, with a 7.7% CAGR. Ongoing factors include healthcare infrastructure growth, technological innovation, pandemic response, and chronic disease burden.

Global ICU Beds Market Key Driver

The ICU beds market experiences exponential growth, driven by the surge in COVID-19 cases worldwide. Governments allocate funds to increase intensive care capacities, making ICU beds a crucial requirement in enhancing hospital infrastructure.

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Global ICU Beds Market Segments

The icu beds market covered in this report is segmented –
1)By Type: Electric Beds, Semi-Electric Beds, Manual Beds
2)By Application: Pediatric Intensive Care Unit, Neonatal Intensive Care Unit, Psychiatric Intensive Care Unit, Cardiac Intensive Care Unit, Neurological Intensive Care Unit, Trauma Intensive Care Unit, Post-Operative Recovery Unit, Surgical Intensive Care Unit, Mobile Intensive Care Unit
3)By End Use: General And Acute Care Hospitals, Specialized Hospitals, Multi-Specialty Hospitals, Ambulatory Surgery Centres (ASC), Other End Uses
By Geography: The regions covered in the icu beds market report are Asia-Pacific, Western Europe, Eastern Europe,North America, South America, Middle East, and Africa. Among these regions North America was the largest region in the ICU beds market in 2023. Western Europe was the second largest region in the ICU beds market. The regions covered in the icu beds market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

Major ICU Beds Industry Players

Stryker Corporation, Hill-Rom Holdings Inc., Getinge AB, Invacare Corporation, Paramount Bed Holdings Co Ltd., Joerns Healthcare LLC, LINET Group SE, Stiegelmeyer GmbH & Co KG, Hebei Pukang Medical Instruments Co Ltd., Malvestio SpA, Umano Medical Inc., Favero Health Projects Ltd., Gendron Inc., Graham-Field Health Products Inc., Drive Medical Limited, Medline Industries Inc., Merivaara Corp, Span-America Medical Systems Inc., Savion Industries Ltd., Nitrocare Medical Bed, Haelvoet NV, Nexus Medical LLC, Proma Reha Ltd., Jiangsu Saikang Medical Equipment Co Ltd., Zhangjiagang Medi Medical Equipment Co Ltd., Antano Group S.R.L, Novum Medical Products Inc., Integrity Medical Solutions Inc., Missaglia SpA, Besco Medical Limited

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ICU Beds Market Overview

The intensive care unit (ICU) is a specialized ward of a hospital that provides special medical attention to patients who require critical medical care.

ICU Beds Global Market Report 2023 provides data on the global icu beds market such as market size, growth forecasts, segments and geographies, competitive landscape including leading competitors’ revenues, profiles and market shares. The icu beds market report identifies opportunities and strategies based on market trends and leading competitors’ approaches.