The North Africa critical care equipment market is expected to reach $2.61 billion, at a CAGR of 8.0%
Continuous technological advancements in critical care devices, increasing government support, growing private sector investments in the healthcare industry, and increasing patient population base are key factors fuelling the growth of the North Africa Critical Care Equipment Market.
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North Africa Critical Care Equipment Market
Market Segmentation For Critical Care Equipment Market:
On the basis of products, the Asia 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.
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Geographical Analysis For 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, 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 from 2016 to 2021. 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.
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Major Key Players In the 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)
