Portable Critical Care Equipment’s Market can be defined as those medical devices and equipment’s that are handy, mobile and provide various monitoring and diagnostic purposes to the patients and healthcare providers. Due to the growing preference of patients adopting to be home-treated and home cared the demand for portable medical devices has grown significantly, which is expected to drive the market growth
Global Portable Critical Care Equipment’s Market is expected to grow with a healthy CAGR in the forecast period of 2019-2026. The report contains data from the base year of 2018 and the historic year of 2017. This rise in market value can be attributed to increasing levels of expenditure being incurred by various private and governmental sources in advancements of healthcare provisions.
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Competitive Analysis: Global Portable Critical Care Equipment’s Market
Few of the major competitors currently working in Global Portable Critical Care Equipment’s Market are GENERAL ELECTRIC; Koninklijke Philips N.V.; Medtronic; Ventec Life Systems; Integra LifeSciences; B. Braun Melsungen AG; VYAIRE; Nox Medical; OMRON Corporation; BPL Medical Technologies; MAQUET Holding B.V. & Co. KG; F. Hoffmann-La Roche Ltd; Abbott; Briggs Healthcare; NIHON KOHDEN CORPORATION; Skanray Technologies Pvt. Ltd,; Smiths Medical, Inc.; CONTEC MEDICAL SYSTEMS CO.,LTD.; Animas LLC; Carestream Health; MinXray Inc.,; Guangdong Biolight are few of the major competitors currently present in the portable critical care equipment’s market.
Key Pointers Covered in the Global Portable Critical Care Equipment’s Market Trends and Forecast to 2026
- Global Portable Critical Care Equipment’s Market New Sales Volumes
- Global Portable Critical Care Equipment’s Market Replacement Sales Volumes
- Global Portable Critical Care Equipment’s Market Installed Base
- Global Portable Critical Care Equipment’s Market By Brands
- Global Portable Critical Care Equipment’s Market Size
- Global Portable Critical Care Equipment’s Market Procedure Volumes
- Global Portable Critical Care Equipment’s Market Product Price Analysis
- Global Portable Critical Care Equipment’s Market Healthcare Outcomes
- Global Portable Critical Care Equipment’s Market Cost of Care Analysis
- Global Portable Critical Care Equipment’s Market Regulatory Framework and Changes
- Global Portable Critical Care Equipment’s Market Prices and Reimbursement Analysis
- Global Portable Critical Care Equipment’s Market Shares in Different Regions
- Recent Developments for Global Portable Critical Care Equipment’s Market Competitors
- Global Portable Critical Care Equipment’s Market Upcoming Applications
- Global Portable Critical Care Equipment’s Market Innovators Study
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Key Developments in the Market:
- In June 2017, Koninklijke Philips N.V. announced the launch of an innovative exhibition of patient monitoring and critical care equipments through the help of “IntelliSafari” which was launched in Ahmedabad, India. This van will introduce the healthcare facilities in Tier 2 & Tier 3 cities with the latest technologies available in the market.
- In April 2017, Ventec Life Systems announced that they had received 510(k) clearance from US FDA for “VOCSN”, their portable life supporting device that provides therapies such as Ventilation, Oxygen, Cough, Suction and Nebulization. This clearance will help in providing this innovative product to various patients in need.
Market Drivers:
- Increasing levels of geriatric population which has resulted in a rise of the population suffering from chronic diseases; this factor is expected to act as a driver for the market growth
- Growing prevalence of patients to be home-cared instead of attending hospitals and medical facilities; this factor is expected to drive the market growth
Market Restraint:
- High levels of cost associated with the devices resulting in adoption of refurbished devices is one of the major factors restraining the market growth
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Key insights in the report:
- Complete and distinct analysis of the market drivers and restraints
- Key Market players involved in this industry
- Detailed analysis of the Market Segmentation
- Competitive analysis of the key players involved
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