Critical Care Devices Market Analysis & Forecast to 2032 by Key Players, Share, Trend, Segmentation

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Global Critical Care Devices Market Key Players
and Competitive Landscape, 2032
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• Industry Insights

• The Global Critical Care Devices Market study
  focuses major leading industry players with
  information such as company profiles, product
  picture and specification, capacity, production,
  price, cost, revenue and contact information.
• It provides information on trends and
  developments, and focuses on markets and
  materials, capacities and technologies, and on
  the changing structure.
• Global Critical Care Devices Market is poised to
  accrue remarkable gains through 2032, credited to
  the growing demand for ventilators for disease
  management.
• Moreover, the increasing incidence of chronic
  respiratory disorders and the associated
  comorbidities has propelled the demand for
  ventilators.
• As per the NCD Alliance, an estimated 550 million
  people globally are diagnosed with chronic
  respiratory diseases.

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• Moreover, the growing emphasis of industry
  players on RD activities for developing
  ventilators in therapeutic space is also working
  in favor of industry expansion.
• In fact, in January 2023, Getinge AB, a Swedish
  medical technology company, announced the launch
  of its new Servo-c mechanical ventilator,
  providing lung-protective therapeutic tools for
  the expansion of its ICU offerings.
• Overall, the critical care devices market is
  segmented based on product, application, end-use,
  and region.
• On the basis of product, the critical care
  devices industry from the ECG devices segment is
  expected to register significant gains through
  2032, owing to ongoing product innovations in the
  field.
• For instance, in January 2022, Royal Philips, a
  global health technology provider, announced the
  launch of the first-ever at-home full-service
  12-lead electrocardiogram (ECG) solution. It is a
  clinical-grade patient-focused ECG solution that
  pairs data readings comparable to clinical ECGs
  to bring innovation across the care continuum.

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• Regional Analysis

• Regionally speaking, the Asia Pacific critical
  care devices market is slated to record a
  valuation of over USD 25 billion by 2032. The
  rising prevalence of severe illnesses such as
  cardiovascular disorders, cancer, and others has
  bolstered the demand for critical care devices in
  the region. As per the Journal of Thoracic
  Oncology, lung cancer makes up 8.1 of all
  cancer-related deaths in India.

• Competitive Analysis

• Leading players in the critical care devices
  market include Koninklijke Philips N.V., ResMed,
  Drägerwerk AG Co. KGaA, GE Healthcare,
  Medtronic Plc., ICU Medical, Inc., Fresenius
  Medical Care, Smiths Medical, Biometrix, Airon
  Corporation, OSI Systems, Avanos Medical.

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