Critical and Chronic care products market in 2017 is estimated at $11,183 million, and it is growing at a CAGR of 5.2% from 2018 to 2023 - PowerPoint PPT Presentation

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Critical and Chronic care products market in 2017 is estimated at $11,183 million, and it is growing at a CAGR of 5.2% from 2018 to 2023

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Geographically, North America accounted for the maximum share of 45% in 2014 owing to the high standard of the hospitals and devices used. The market was valued at $4977 million in 2017. The critical and chronic care products for North America are expected to grow at a CAGR of 6.9%, to reach a value of $6536.27 million by 2023. – PowerPoint PPT presentation

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Title: Critical and Chronic care products market in 2017 is estimated at $11,183 million, and it is growing at a CAGR of 5.2% from 2018 to 2023


1
Critical and Chronic Care Products Market
  • Global Critical and Chronic Care Products Market
    anticipated to grow at a CAGR of 5.23 to reach
    value of 15064.02 million by 2023

2
Asia-Pacific dominating with major share in the
Critical and Chronic Care Products Market
  • Geographically, North America accounted for the
    maximum share of 45 in 2014 owing to the high
    standard of the hospitals and devices used. The
    market was valued at 4977 million in 2017. The
    critical and chronic care products for North
    America are expected to grow at a CAGR of 6.9,
    to reach a value of 6536.27 million by 2023.
  • Europe is the second leading market in the
    industry with a value of 3131 million by 2017.
    The market is projected to grow at a CAGR of
    4.0, and to reach a value of 3930.5 million by
    2023. Asia-Pacific is projected to grow at the
    fastest pace of a CAGR 6.9, to reach a value of
    3473.86 million by 2023.

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3
Selected Types of foods Analysis done in the full
Report
  • Infusion systems account for the largest share in
    revenue by type of device. The infusion systems
    are used to accurately deliver infusions. They
    are used in ICU rooms, general wards and care
    centers. Infusion systems market accounted for
    revenue of 3836 million in 2017.
  • The market for infusion systems is expected to
    grow at a CAGR of 3.8 and to reach a value of
    4780.13 million by 2023.
  • Anesthesia airway is the second leading market
    that accounted to 2247 million in 2017. The
    market is expected to grow at a CAGR of 4.5 and
    to reach a value of 2908.19 million by 2023,
    followed by patient monitoring leading the market
    next. Recent findings state that drainage systems
    and pressure monitoring is expected to grow at
    the highest CAGR of 8.5 and 8.1 respectively.
  • Drainage systems and Pressure monitoring is
    expected to reach a value of 2821.36 million and
    436.33 million by 2023 respectively. Ventilators
    type is expected to reach an average rate of
    5.2, to reach a value of 1323.10 million by
    2023.

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4
Excerpts on Market Growth Factors
  • Development in home healthcare segment will
    mainly be driven by technological advances,
    enabling improvement of affordable health
    monitoring devices. The rise in the demand for
    home health monitoring device will propel the
    market for chronic care products.
  • 3-D printing will help in customizing
    interventional treatments as per individual
    patient needs, as clinicians will be able to
    manufacture devices to specific sizes and shapes.
    This launch of technology will propel the
    critical and chronic care products market.
  • The number of deaths due to chronic diseases is
    very high in emerging countries such as India,
    China and Brazil. To combat the situation health
    authorities are bound to invest in chronic health
    monitoring and treatment devices which will
    propel the market for Chronic care products.
  • Competitors are working on the development in
    home healthcare segment, which will mainly be
    driven by technological advances enabling
    improvement of affordable health monitoring
    devices. The rise in demand for home health
    monitoring device will propel the market for
    chronic care products.

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5
Key players of the Critical and Chronic Care
Products Market
  • Piramal
  • Mylan
  • Convatec
  • Novartis
  • GE Healthcare
  • Abbott
  • Plunketts Health Care

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6
You Can Customize the Report as Per Your Need.
We have included Some Customization Options
Analyst Briefing
Company Profile
Data Tables
Key Contacts
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7
About IndustryARC
  • IndustryARC is a research and consulting firm
    that publishes more than 500 reports annually in
    various industries, such as Agriculture,
    Automotive, Automation Instrumentation,
    Chemicals and Materials, Energy and Power,
    Electronics, Food Beverages, Information
    Technology, Life sciences Healthcare.
  • IndustryARC primarily focuses on Cutting Edge
    Technologies and Newer Applications of the
    Market. Our Custom Research Services are designed
    to provide insights on the constant flux in the
    global demand-supply gap of markets. Our strong
    analyst team enables us to meet the client
    research needs at a very quick speed with a
    variety of options for your business.

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