Global ICU Beds Market to reach USD XX billion by 2027.Global ICU Beds Market is valued at approximately USD XX million in 2020 and is anticipated to grow with a healthy growth rate of more than XX % over the forecast period 2021-2027. ICU beds are meant to help hospitals with infection control, work efficacy, comfort, safety, and convenience of use, as well as effective risk management. They come with accessories including a section mattress base, an X-ray cassette holder, and stepless pneumatic adjustment for trendlenburg and anti-trendlenburg, all of which are designed to help healthcare workers operate more efficiently. The ICU beds market is primarily boosted by an increase in surgical procedures, an increase in the geriatric population, and an increase in the occurrences of chronic diseases such as diabetes, asthma, blood pressure, and others. Furthermore, the market is expected to develop because of technical advances in ICU beds and increased government and private sector investments in healthcare infrastructure throughout the forecast period. Furthermore, an increase in the number of hospitals with well-equipped and advanced infrastructure, an increase in the number of surgical procedures, Will boost the demand for ICU beds. The World Health Organization (WHO) declared the COVID-19 outbreak a public health emergency of worldwide significance on January 30, 2020. Around 210 countries have been affected by COVID-19. The COVID-19 pandemic is a once-in-a-generation global public health crisis that is expected to boost demand for ICU beds. The rapid surge in confirmed COVID-19 cases is encouraging the intensive care community in the healthcare business to prepare for the problems that this pandemic will bring. In the ICU, patients with severe cases of COVID-19 require about 14 days of respiratory assistance. As a result, the increase of COVID-19 patients will augment the growth of the ICU beds market over the projection period. However, low demand in underdeveloped countries may impede market growth over the forecast period of 2021-2027.

The regional analysis of the Global ICU Beds Market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America, and Rest of the World (ROW). North America is the leading region across the world in terms of market share due to increasing healthcare spending in the region. Whereas Asia Pacific is also anticipated to exhibit the highest growth rate over the forecast period 2021-2027, due to enhanced investments from governments for overall R&D of ICU beds across the region.

Major market player included in this report are:
DSV Panalpina A/S
Getinge AB
Hill-Rom Holdings Inc.
Invacare Corporation
Joh. Stiegelmeyer & Co. GmbH
Linet Group SE
Malvestio S.P.A.
Medline Industries, Inc
Merivaara Corp.
Stryker Corporation
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Type:
Full-Electric Beds
Semi-Electric Beds
Manual Beds
By Application:
Traditional ICU
Pediatric ICU
Others
By End user:
Hospitals
Ambulatory Surgery Centers (ASC)
Others
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE

Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World

Furthermore, years considered for the study are as follows:

Historical year - 2018,2019
Base year - 2020
Forecast period - 2021 to 2027.

Target Audience of the Global ICU Beds Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors