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Critical Care Devices Market Share

Report ID: GMI3936
Published Date: Apr 2023
Report Format: PDF

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Critical Care Devices Market Share

Leading players in the critical care devices market include:

Koninklijke Philips N.V
ResMed
Drägerwerk AG & Co. KGaA,
GE Healthcare
Medtronic Plc
ICU Medical Inc
Fresenius Medical Care
Smiths Medical
Biometrix
Airon Corporation
OSI Systems
Avanos Medical
Skanray Technologies Pvt Ltd
Becton Dickinson and Company (BD)
Boston Scientific Corporation
Getinge AB
Hamilton Medical
VYAIRE
Q-core Medical
Ventec Life Systems
Bunnell Incorporated
Teleflex Incorporated
Asahi Kasei Corporation
Air Liquide Medical Systems India
Breas Medical
Cardinal Health
Baxter
B. Braun Melsungen AG.

Players in this business vertical have been introducing novel products to expand their portfolio and gain a competitive edge over others. For instance, in July 2022, MicroPort received CE Mark approval under the new Medical Device Regulation (MDR – 2017/745) for its INVICTA family of defibrillation leads. INVICTA intends to connect to cardiac resynchronization therapy defibrillators (CRT-Ds) and implantable cardioverter defibrillators (ICDs). With the INVICTA approval, the company has renewed its portfolio of ICD and CRT-D devices and provides the industry with its most progressive lineup of ICD therapeutic solutions & technologies.

Authors: Mariam Faizullabhoy

Frequently Asked Questions (FAQ) :

Global market size for critical care devices value reached USD 54 billion in 2022 and is projected to grow at over 5% CAGR between 2023 and 2032, owing to the increasing prevalence of chronic health issues.

Critical care devices market share from the multiparameter monitoring devices segment is estimated to record a valuation of over USD 17 billion by 2032, attributed to an increased emphasis on ensuring the low-cost availability of these devices across developing economies.

With respect to the application field, the critical care devices industry share from cardiology segment is estimated to exhibit more than 5% CAGR through 2032 due to the integration of advanced technologies in critical care devices.

North America critical care devices industry size is projected to expand at over 4.5% CAGR from 2023 to 2032, given the consistent expansion of the aging population and growing adoption of a sedentary lifestyle.