Global ICU Beds Market Report 2022 – Market Forecast, Trends And Strategies

The global ICU beds market size is expected to decline from $1.78 billion in 2021 to $1.89 billion in 2022 at a compound annual growth rate (CAGR) of 6.3%. The change in the market growth trend is mainly due to the companies stabilizing their output after catering to the demand that grew exponentially during the COVID-19 pandemic in 2021. The ICU bed market is expected to reach $2.42 billion in 2026 at a CAGR of 6.4%.

What is the Global ICU Beds Market?

The Intensive Care Unit (ICU) Beds market consists of sales of special hospital beds designed for ICUs to take care of critical patients. The market consists of revenues generated by establishments that are primarily engaged in the manufacturing of electrical, semi-electrical, and mechanical ICU Beds that provide both safety and comfort to patients and also caregivers. Intensive care represents the highest level of continuing patient care and treatment. An ICU is a designated area offering facilities for the prevention, diagnosis and treatment of critical illnesses such as multiple organ failures.

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What drives the Global ICU Beds Market?

The ICU beds market is experiencing exponential growth. Increasing COVID-19 cases across the globe pressurizing governments of emerging and developed countries to increase their intensive care capacities. Public health systems releasing funds to procure the needed hospital infrastructure, with ICU beds being one of the important requirements.

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Global ICU Beds Market Segments
The global ICU beds market is segmented:
By Type: Electric Beds, Semi-Electric Beds, Manual Beds
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
By End Use: General and Acute Care Hospitals, Specialized Hospitals, Multi-Specialty Hospitals, Ambulatory Surgery Centres (ASC), Others
By Geography: The regions covered in the ICU beds market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.

ICU Beds Global Market Report 2022provides market size and growth forecasts for the global ICU beds market, global ICU beds market share, ICU beds market segments and geographies, ICU beds market competitive landscape including leading competitors’ revenues, profiles and market shares. The ICU beds market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.

Global ICU Beds Industry Playersinclude 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. Based on industry trends and company analysis, the report explains a number of strategies for companies in the market.