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Critical Care Devices Market Trends

Report ID: GMI3936 Published Date: December 2024Report Format: PDF
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Summary
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Critical Care Devices Market Trends

  • Artificial intelligence (AI) and machine learning are being integrated into critical care devices, including ventilators, patient monitors, and infusion pumps. This integration aims to improve clinical decision-making and predictive analytics.
  • These technologies enable real-time patient monitoring, early detection of health deterioration, and automated device adjustments, leading to improved response times and outcomes in critical care environments.
  • Additionally, remote monitoring and tele-ICU solutions have grown in popularity, particularly following the COVID-19 pandemic, which emphasized the need for remote critical care capabilities.
  • These technologies allow healthcare professionals to monitor ICU patients remotely, reducing the workload on on-site staff and enhancing patient care. This trend is particularly significant in regions with limited healthcare access or under-resourced ICUs.
Author: Mariam Faizullabhoy , Gauri Wani
Frequently Asked Question(FAQ) :

What is the projected size of the U.S. critical care devices industry?+

The U.S. critical care devices market is projected to reach USD 34.4 billion by 2034, fueled by the significant presence of market players and continuous innovation in the sector.

Why is the defibrillators segment leading the market?+

The defibrillators segment dominated the market with a 22.6% revenue share in 2024, primarily due to the rising incidence of cardiac issues among the aging population.

How big is the critical care devices market?+

The global critical care devices industry was valued at approximately USD 60.1 billion in 2024 and is estimated to grow at a 5.5% CAGR from 2025 to 2034, driven by the increasing elderly population susceptible to critical health conditions.

How is GE HealthCare contributing to market growth?+

GE HealthCare’s acquisition of Intelligent Ultrasound Group’s AI software enhances its ultrasound portfolio, improving workflow efficiency and usability, thereby driving market growth.

Who are some of the prominent players in the critical care devices industry?+

Key players in the market include Air Liquide Medical Systems India, Asahi Kasei Corporation, B. Braun Melsungen, Baxter, Becton, Dickinson and Company, Boston Scientific Corporation, Cardinal Health, Drägerwerk, Fresenius Medical Care, GE Healthcare, Getinge, and Hamilton Medical.

Critical Care Devices Market Scope

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