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Intensive Care Beds Market Size
- Report ID: GMI4635
- Published Date: Apr 2020
- Report Format: PDF
Intensive Care Beds Market Size
Intensive Care Beds Market size exceeded USD 1.6 billion in 2019 and is estimated to grow at a CAGR of over 4% between 2020 and 2026.
Increase in number of COVID-19 cases across the world is one of the significant factors enhancing the market growth. The industry is forecast to show around 100% growth from the year 2019 to 2020. The high incidence rate of coronavirus disease has generated a potential market for intensive care beds (ICU) across the globe
| Report Attribute | Details |
|---|---|
| Base Year: | 2019 |
| Intensive Care Beds Market Size in 2019: | USD 1,629.5 Million |
| Forecast Period: | 2020 to 2026 |
| Forecast Period 2020 to 2026 CAGR: | 4.0% |
| 2026 Value Projection: | USD 4,085.6 Million |
| Historical Data for: | 2015 to 2019 |
| No. of Pages: | 300 |
| Tables, Charts & Figures: | 1,008 |
| Segments covered: | Product, Application and End-use |
| Growth Drivers: |
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| Pitfalls & Challenges: |
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Rising hospital admissions and growing geriatric population prone to chronic and acute disorders along with increasing investment on healthcare facilities and growing number of beds in the community hospitals are the factors boosting the growth.
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Intensive Care Beds Market Scope
