Asia-Pacific critical care equipment market is expected to reach USD 2,593.9 million by 2024, from USD 1,440.6 million in 2016 growing at a CAGR of 7.7% in the forecast period 2017 to 2024.
The major factors driving the growth of this market are rise in the ageing population and an increase in rate of chronic diseases, advanced development in multi-parameter monitors, increase in number of health care facilities across the globe. On the other hand, high cost of equipment and usage of refurbished patient monitors hinders the market growth.
The key market players for Asia-Pacific critical care equipment market are listed below;
Koninklijke
Philips N.V., INC,
Medtronic and General Electric Healthcare.
Gerresheimer
The market is further segmented into;
product type,
type of monitoring,
type of patient,
application
end user and
distribution channel
The Asia-Pacific critical care equipment market is segmented on the basis of product type, type of monitoring, type of patient, application end user and distribution channel. On the basis of product type, the Asia-Pacific critical care equipment market is segmented into patient monitors, sleep apnea devices. In 2017, patient monitors is expected to dominate the Asia-Pacific critical care equipment market with 28.4% market share and is expected to reach USD 797.1 million by 2024, growing with a CAGR of 9.0% in the forecast period 2017 to 2024.
On the basis of type of monitoring, the Asia-Pacific critical care equipment market is segmented into hemodynamic monitoring, vital signs monitoring, neurologic monitoring and brain function monitoring. In 2017, hemodynamic monitoring is expected to dominate the Asia-Pacific critical care equipment market with 43.3% market share and is expected to reach USD 1,034.0 million by 2024, growing with the highest CAGR of 8.6% in the forecast period 2017 to 2024.
On the basis of patient, the Asia-Pacific critical care equipment market is segmented into adult, geriatric and pediatric and neonates. In 2017, adult is expected to dominate the Asia-Pacific critical care equipment market with 42.8% market share and is expected to reach USD 1,074.6 million by 2024, growing with a CAGR of 7.2% in the forecast period 2017 to 2024.
On the basis of application, the Asia-Pacific critical care equipment market is segmented into surgeries, coronary angioplasty, atrial fibrillation, acute coronary syndrome, pulmonary embolism, deep vein thrombosis and hemodialysis. In 2017, surgeries is expected to dominate the Asia-Pacific critical care equipment market with 32.0% market share and is expected to reach USD 871.6 million by 2024, growing with the highest CAGR of 8.5% in the forecast period 2017 to 2024.
On the basis of end-user, the Asia-Pacific critical care equipment market is segmented into hospitals, ambulatory surgical centres, clinics, homecare settings, trauma centre and others. In 2017, hopital is expected to dominate the Asia-Pacific critical care equipment market with 36.7% market share and is expected to reach USD 990.9 million by 2024, growing with the highest CAGR of 8.3% in the forecast period 2017 to 2024.
On the basis of distribution channel, the Asia-Pacific critical care equipment market is segmented into direct tenders and distributor & retails. In 2017, direct tenders is expected to dominate the Asia-Pacific critical care equipment market with 68.1% market share and is expected to reach USD 1,797.5 million by 2024, growing with the highest CAGR of 8.0% in the forecast period 2017 to 2024.?
Based on geography, the Asia-Pacific critical care equipment market is segmented into geographical regions, such as,
China,
Japan,
India,
South Korea,
Australia,
Thailand,
Malaysia,
Singapore,
Indonesia,
Philippines
Rest of Asia-Pacific
Covered in this report
The report covers the present scenario and the growth prospects of the Asia-Pacific critical care equipment market for 2017-2021. To calculate the market size, the report considers the revenue generated from the sales of the web conferencing and unified communication and collaboration (UC&C) and video conferencing, secondary resources and doing in-depth company share analysis of major 10 players in the market.
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