The critical care equipment for Asia & North Africa market is expected to reach $2.61 billion, at a CAGR of 8.0%
The high replacement rate of critical care equipment, growing medical tourism in Asia, and the development of multiparameter monitors are some other prime factors offering growth opportunities for players in the critical care equipment market.
Don’t miss out on business opportunities North Africa Critical Care Equipment Market
North Africa Critical Care Equipment Market by Product
Overview of North Africa Critical Care Equipment Market by product:
On the basis of product, the North Africa critical care equipment market is divided into three segments, namely, patient monitors, ventilators, and infusion pumps. The patient monitors segment is expected to grow at the highest CAGR in the next five years, owing to the increasing patient population base and the high adoption of advanced patient monitoring devices by big hospitals and clinics in the emerging nations.
Download PDF: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=261496124
The patient monitors’ segment holds the largest share of the Asia critical care equipment market in emerging nations. The increased private sector investments and expansions, premium cost of devices, high replacement rates, and the development of multiparameter monitors are the key factors contributing to the growth of this market segment. Moreover, development of patient monitors with wireless and sensor technology and the rising adoption of home-use and remote patient monitoring devices are other factors contributing to the growth of the patient monitors market in emerging nations.
Geographical Analysis for North Africa Critical Care Equipment Market:
The Global market is classified into Asia (excluding India), India, and the Middle East and North Africa. the critical care equipment market is estimated to be dominated by Asia. Rising demand for remote patient monitoring, the high adoption rate of technologically advanced critical care devices, and increasing patient population base are contributing to the large share of the Asian critical care equipment market. The Indian market is expected to grow at the highest CAGR.
Speak To Analyst: https://www.marketsandmarkets.com/speaktoanalystNew.asp?id=261496124
Factors such as growing government support, increasing private sector investment, rising geriatric population, growing incidence and prevalence of respiratory and chronic diseases, and developing healthcare infrastructure are propelling the growth of the Indian critical care equipment market.
Major Key Players From North Africa Critical Care Equipment Market:
Koninklijke Philips N.V. (Netherlands), General Electric Company (U.S.), Medtronic plc (U.S.), Drägerwerk AG & Co. KGaA (Germany), Skanray Technologies Pvt. Ltd. (India), Maquet Holding B.V. & Co. KG. (Germany), BPL Medical Technologies Ltd (India), B. Braun Melsungen AG (Germany), Akas Medical (India), Smiths Medical (U.S.), Nihon Kohden Corporation (Japan), and Fresenius Kabi (Germany)
Read More in Detailed (North Africa Critical Care Equipment Market):
