The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

North America held the largest ICU beds market share.

The global ICU beds market is expected to grow from $1.89 billion in 2022 to $2.01 billion in 2023 at a compound annual growth rate (CAGR) of 6.3%. The global ICU beds market is expected to grow to $2.62 billion in 2027 at a CAGR of 6.9%.

Major Driver In The ICU Beds Market ­– Rise In Frequent Outbreaks Of Pandemics
There are an estimated 34.2 ICU beds per 10,000 persons in the United States, however demand has increased due to the recent COVID-19 outbreak. In Italy, there are around 12.5 ICU beds for every 10,000 people. The demand for ICU beds is changing as a result of the recent epidemic and the rate of increase in the number of patients in critical care with COVID-19. It is just 3.6 and 2.3 beds per 10,000 people in China and India, respectively, although the demand in such growing countries is enormous. Patients with severe COVID-19 disease require 14 days of ICU respiratory assistance. Such a lengthy treatment period will put further strain on resources. As a result, frequent pandemic outbreaks are projected to fuel the ICU industry.

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Key ICU Beds Market Segments
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

Recent ICU Beds Market Trend – Launching Smart Beds
Smart beds aid in the automation and digitization of patient monitoring, increasing overall efficiency. With the presence of monitoring systems, smart beds are designed to facilitate the patient’s movement and help them restore normal movement sooner. For example, Dozee, an India-based medical equipment company, collaborated with Midmark India, an India-based hospital bed maker, to launch a linked bed platform for non-ICU settings in August 2022. Dozee’s sensor-based technology use artificial intelligence (AI) to monitor the patient’s vital data.

ICU Beds Market Prominent Players
Major players in the ICU beds market are Invacare Corporation, Paramount Bed Holdings Co. Ltd., Medline Industries Inc., Stiegelmeyer GmBH & Co. KG, Gendron Inc., LINET Group SE, Joerns Healthcare LLC., Span-America Medical Systems Inc., Malvestio S.P.A., and Merivaara Corp.

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The ICU Beds Global Market Report 2023  provides a comprehensive overview on the ICU beds market size, trends and drivers, opportunities, strategies, and companies analysis. The countries covered in the ICU beds market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA, and the major seven regions are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa.

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

View More Related Reports –
Bed Monitoring System And Baby Monitoring System Global Market Report 2023
Vital Parameter Monitoring Devices And Equipment Global Market Report 2023
Patient Handling Equipment Global Market Report 2023

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