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The intensive care unit (ICU) beds market is forecasted to achieve significant growth in the coming few years with a forecast CAGR (compound annual growth rate) of more than 6%, as per The Business Research Company’s market report!

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The Intensive Care Unit (ICU) Beds Market Size In 2022 And Forecast

The global intensive care unit (ICU) beds market is expected to grow from $1.78 billion in 2021 to $1.89 billion in 2022 at a compound annual growth rate (CAGR) of 6.3%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, surge in commodity prices, and supply chain disruptions, effecting many markets across the globe. The Intensive Care Unit (ICU) Beds market is expected to reach $2.42 billion in 2026 at a CAGR of 6.4%.

The Intensive Care Unit (ICU) Beds market consists of sales of special hospital beds designed for ICUs to take care of critical patients.

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The Frequent Outbreaks Of Pandemic Diseases Is Driving The Growth Of The Intensive Care Unit (ICU) Beds Market

In United States, there are an estimated 34.2 ICU beds per 10,000 people, yet there is a surge in demand during recent COVID-19 pandemic. In Italy, there are about 12.5 ICU beds per 10,000 people. Due to the recent outbreak, with the rate of increase in the number of patients in intensive care with COVID-19, the demand for number of ICU beds continues to change. In China and India, it is only 3.6 and 2.3 beds per 10,000 people respectively, and the demand in such developing countries is huge. Patients with severe COVID-19 disease require approximately 14 days of respiratory support in ICU. Such lengthy treatment time will further stress resources. Therefore, the frequent outbreaks of pandemics are expected to drive the market for ICU beds.

Competitive Landscape And The Regional Analysis Of The Intensive Care Unit (ICU) Beds Market

Major players in the intensive care unit (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.

The Intensive Care Unit (ICU) Beds Global Market Report 2022 covers regional data on key drivers, opportunities, and strategies for the seven major regions of the world that are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the intensive care unit (ICU) beds market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA.

Intensive Care Unit (ICU) Beds Market Segmentation By The Business Research Company

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), Others

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