The “ICU Beds Global Market Report 2024″ has been added to ResearchAndMarkets.com’s providing.
The ICU beds market is ready to develop from $2.02 billion in 2023 to $2.15 billion in 2024 at a compound annual development price (CAGR) of 6.9%. The expansion noticed within the historic interval may be attributed to a number of elements, together with the ageing inhabitants, technological developments in healthcare, the event of healthcare infrastructure, and the elevated demand for important care companies. These components collectively contributed to the expansion and enlargement of the ICU mattress market previously.
The ICU beds market measurement is predicted to see sturdy development within the subsequent few years. It is going to develop to $2.9 billion in 2028 at a compound annual development price (CAGR) of seven.7%. The anticipated development within the forecast interval may be attributed to varied elements, together with the continued enlargement of healthcare infrastructure, ongoing technological improvements, preparedness for pandemic response, and the burden of continual illnesses. Moreover, important traits anticipated within the forecast interval embody elevated demand pushed by pandemic-related elements, the enlargement of ICU mattress capability, continued technological developments in important care, and a rising give attention to enhancing affected person consolation and security throughout the ICU setting.
Recurrent outbreaks of pandemic illnesses similar to Influenza, Ebola, and most lately, COVID-19, have exerted important stress on healthcare authorities and companies to plan preparedness plans, together with augmenting the variety of ICU beds to cater to critically ailing sufferers. Throughout pandemics, a surge in ICU admissions is witnessed as most sufferers necessitate intensive care. Even in developed international locations, ICU beds are sometimes at capability throughout such crises. As an illustration, america possesses an estimated 34.2 ICU beds per 10,000 people, but skilled heightened demand throughout the latest COVID-19 pandemic. Italy maintains round 12.5 ICU beds per 10,000 people, indicating the same surge in demand throughout outbreaks. Nevertheless, in growing nations like China and India, there exist solely 3.6 and a couple of.3 ICU beds per 10,000 people, respectively, indicating a considerable demand in these areas. Sufferers with extreme COVID-19 often require roughly 14 days of ICU-based respiratory help, thereby considerably stressing assets. Consequently, the recurrent outbreaks of pandemics are anticipated to drive the demand for ICU beds.
Essential care is broadly identified for its excessive bills, notably in america, the place ICU beds, constituting lower than 10% of complete hospital beds, account for 22% of total hospital prices. ICU beds are significantly pricier, roughly thrice the price of a common ward mattress. A normal ICU mattress could vary between $25,000 and $30,000, considerably greater than the standard value of $5,000 to $10,000 for a medical/surgical mattress. Moreover, specialised bariatric beds incur even greater prices, reaching roughly $35,000 to $40,000 every. The growing demand for important care companies locations substantial monetary stress on each healthcare programs and sufferers, whether or not paying totally or partially out-of-pocket for these companies. The exorbitant costs of ICU beds current a problem to the market’s development.
The emergence of sensible beds represents a notable development gaining traction within the ICU beds market. Sensible beds present an automatic, digitalized strategy to affected person monitoring, enhancing total effectivity. They’re particularly designed to help affected person motion and expedite restoration by built-in monitoring programs.
Key gamers within the ICU beds market are intensifying their give attention to introducing multifunctional ICU beds just like the Hillrom Progressa+ to safe a aggressive edge within the trade. The Hillrom Progressa+ mattress, designed for the ICU, represents a next-generation providing that integrates new applied sciences and options to facilitate nurse-patient care and help affected person restoration. As an illustration, in June 2023, Baxter Worldwide Inc., a US-based healthcare firm, launched the Hillrom Progressa+ mattress for ICU. This progressive mattress encompasses applied sciences geared toward addressing pulmonary wants, stopping pores and skin points, and supporting early mobility protocols. It gives in-bed percussion, vibration, and steady lateral rotation therapies to scale back pulmonary problems linked with immobility. The mattress additionally options versatile body choices to make sure sufferers’ protected and simple motion, together with one-button FullChair positioning with chair egress and an built-in 3-mode mattress exit alarm, guaranteeing affected person security whereas in mattress.
The report covers market traits, measurement and development, segmentation, regional and nation breakdowns, aggressive panorama, market shares, traits and techniques for this market. It traces the market’s historic and forecast market development by geography.
- Markets Coated:
- By Kind: Electrical Beds; Semi-Electrical Beds; Guide Beds
- By Software: Pediatric Intensive Care Unit; Neonatal Intensive Care Unit; Psychiatric Intensive Care Unit; Cardiac Intensive Care Unit; Neurological Intensive Care Unit; Trauma Intensive Care Unit; Submit-Operative Restoration Unit; Surgical Intensive Care Unit; Cellular Intensive Care Unit
- By Finish Use: Common And Acute Care Hospitals; Specialised Hospitals; Multi-Specialty Hospitals; Ambulatory Surgical procedure Facilities (ASC); Different Finish Makes use of
- Nations: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain
- Areas: Asia-Pacific; Western Europe; Jap Europe; North America; South America; Center East; Africa
- Time sequence: 5 years historic and ten years forecast.
- Knowledge: Ratios of market measurement and development to associated markets, GDP proportions, expenditure per capita,
- Knowledge segmentations: Nation and regional historic and forecast knowledge, market share of opponents, market segments.
- Hill-Rom Holdings
- Paramount Mattress Holdings
- Joerns Healthcare
- LINET Group
- Hebei Pukang Medical Devices
- Umano Medical
- Favero Well being Initiatives
- Graham-Area Well being Merchandise
- Drive Medical
- Medline Industries
- Span-America Medical Programs
- Savion Industries
- Nitrocare Medical Mattress
- Nexus Medical
- Proma Reha
- Jiangsu Saikang Medical Tools
- Zhangjiagang Medi Medical Tools
- Antano Group
- Novum Medical Merchandise
- Integrity Medical Options
- Besco Medical
For extra details about this report go to https://www.researchandmarkets.com/report/icu-bed