COVID 19 Impact on Critical Care Device Market

The marketplace for medical supplies is driven primarily by the growing awareness on environmental & personal hygiene resulting in rising demand for disinfectants, expansion of healthcare settings due to increasing COVID 19 patients, increased requirement of PPE kits & N95 masks globally, rising demand for ventilators, and increasing demand for diagnostic supplies. Moreover, repurposing liquor production lines to manufacture sanitizers offers a chance for players during this market. Nevertheless, delays in non-urgent treatment and surgical procedures and impact on supply chain and logistics due to lockdown is probably going to restrain the expansion of this market.

The increasing number of ICU beds due to the continuously rising COVID-19 cases, increasing demand for ventilators for effective management of critical COVID-19 patients, and simple regulatory requirements to facilitate the assembly of critical care devices are the main factors driving the expansion of this market. The ventilators segment is predicted to grow at the very best CAGR during the forecast period. This growth is often attributed to its use in managing critically ill patients, given the very fact that the coronavirus attacks the system respiratory.

The global market is segregated on the basis of Product as High-Impact Products and Low-Impact Products. Based on End User the global market is segmented in Hospitals and Clinics, Home Care Settings, Ambulatory Care Settings, and Emergency Medical Services.

The global market report provides geographic analysis covering regions, such as Europe, North America, Asia Pacific, and Rest of The World. The market for each region is further segmented for major countries including the U.S., Canada, Germany, the U.K., France, Italy, China, India, Japan, Brazil, South Africa, and others.

Competitive Rivalry

Becton, Dickinson, B. Braun Melsungen AG, Baxter International Inc., Fresenius Kabi, Medtronic plc, ResMed, Koninklijke Philips, Fisher & Paykel Healthcare, Others., and others are among the major players in the global market. The companies studied in terms of product strategy and various n several growth and expansion strategies to gain a competitive edge in the market. The major players not only follow value chain integration with business operations in multiple stages of the value chain.

The global COVID-19 Impact on Critical Care Device market has been segmented as below:

By Product

• High-Impact Products
  • Ventilators and Supplies
  • Patient Monitors
  • Infusion Pumps
  • Hyperbaric Oxygen Therapy Devices
  • Sleep Apnoea Devices
• Low-Impact Products
  • Anaesthesia Machines
  • Defibrillators
  • Blood Warmers
  • Other Critical Care devices and supplies

By End User

• Hospitals and Clinics
• Home Care Settings
• Ambulatory Care Settings
• Emergency Medical Services

By Region

• Europe
• North America
• Asia Pacific
• Rest of The World

By Company

• Becton
• Dickinson
• Braun Melsungen AG
• Baxter International Inc.
• Fresenius Kabi
• Medtronic plc
• ResMed
• Koninklijke Philips
• Fisher & Paykel Healthcare
•  

The report covers the below scope:

• Global COVID-19 Impact on Critical Care Device market sizes from 2019 to 2026, along with CAGR for 2020-2026
• Market size comparison for 2019 vs 2026, with actual data for 2019, estimates for 2020 and forecast from 2021 to 2026
• Global market trends, covering comprehensive range of consumer trends & manufacturer trends
• Value chain analysis covering participants from raw material suppliers to the downstream buyer in the global market
• Major market opportunities and challenges in forecast timeframe to be focused
• Competitive landscape with analysis on competition pattern, portfolio comparisons, development trends and strategic management
• Comprehensive company profiles of the key industry players

The years considered for the study are as follows:

• Base year - 2019
• Estimated year - 2020
• Projected year - 2021
• Forecast period - 2021 to 2026

Report Scope:

The global COVID-19 Impact on Critical Care Device market report scope includes detailed study covering underlying factors influencing the industry trends. The report covers analysis on regional and country level market dynamics. The scope also covers competitive overview providing company market shares along with company profiles for major revenue contributing companies. The report scope includes detailed competitive outlook covering market shares and profiles key participants in the global market share. Major industry players with significant revenue share include Becton, Dickinson, B. Braun Melsungen AG, Baxter International Inc., Fresenius Kabi, Medtronic plc, ResMed, Koninklijke Philips, Fisher & Paykel Healthcare, Others., and others.

Why to Buy this Report:

• Gain detailed insights on the COVID-19 Impact on Critical Care Device industry trends
• Find complete analysis on the market status
• Identify the market opportunities and growth segments
• Analyse competitive dynamics by evaluating business segments & product portfolios
• Facilitate strategy planning and industry dynamics to enhance decision making

Target Audience:

The report targeted towards the existing players in the industry is as follows:

• Market Manufacturers/Service Providers
• Market Wholesale/Traders
• Investment and Financial Institutions

Free and Paid Customization based on the requirement

Report Content

1. Introduction

            1.1 Key Insights

            1.2 Report Overview

            1.3 Markets Covered

            1.4 Stakeholders

2. Research Methodology

            2.1 Research Scope

            2.2 Market Research Process

            2.3 Research Data Analysis

                        2.4.1 Secondary Research

                        2.4.2 Primary Research

                        2.4.3 Models for Estimation

            2.5 Market Size Estimation

                        2.5.1 Bottom-Up Approach - Segmental Market Analysis

                        2.5.2 Top-Down Approach - Parent Market Analysis

3. Executive Summary
4. Market Overview

            4.1 Introduction

                        4.2.1 Drivers

                        4.2.2 Restraints

                        4.2.3 Opportunities

                        4.2.4 Challenges

            4.2 Porter''s Five Force Analysis

5. COVID-19 Impact on Critical Care Device Market, By Product

            5.1 Introduction

            5.2 High-Impact Products

                        5.2.1 Market Overview

                        5.2.2 Market Size and Forecast

            5.3 Low-Impact Products

                        5.3.1 Market Overview

                        5.3.2 Market Size and Forecast

6. COVID-19 Impact on Critical Care Device Market, By End User

            6.1 Introduction

            6.2 Hospitals and Clinics

                        6.2.1 Market Overview

                        6.2.2 Market Size and Forecast

            6.3 Home Care Settings

                        6.3.1 Market Overview

                        6.3.2 Market Size and Forecast

            6.4 Ambulatory Care Settings

                        6.4.1 Market Overview

                        6.4.2 Market Size and Forecast

            6.5 Emergency Medical Services

                        6.5.1 Market Overview

                        6.5.2 Market Size and Forecast

7. COVID-19 Impact on Critical Care Device Market, By Geography

            7.1 Introduction

            7.2 Europe

                        7.2.1 Europe Market, By Product

                        7.2.2 Europe Market, By End User

            7.3 North America

                        7.3.1 North America Market, By Product

                        7.3.2 North America Market, By End User

            7.4 Asia Pacific

                        7.4.1 Asia Pacific Market, By Product

                        7.4.2 Asia Pacific Market, By End User

            7.5 Rest of The World

                        7.5.1 Rest of The World Market, By Product

                        7.5.2 Rest of The World Market, By End User

8. Competitive Insights

            8.1 Key Insights

            8.2 Company Market Share Analysis

            8.3 Strategic Outlook

                        8.3.1 Mergers & Acquisitions

                        8.3.2 New Product Development

                        8.3.3 Portfolio/Production Capacity Expansions

                        8.3.4 Joint Ventures, Collaborations, Partnerships & Agreements

                        8.3.5 Others

9. Company Profiles

            9.1 Becton

                        9.1.1 Company Overview

                        9.1.2 Product/Service Landscape

                        9.1.3 Financial Overview

                        9.1.4 Recent Developments

            9.2 Dickinson

                        9.2.1 Company Overview

                        9.2.2 Product/Service Landscape

                        9.2.3 Financial Overview

                        9.2.4 Recent Developments

            9.3 B. Braun Melsungen AG

                        9.3.1 Company Overview

                        9.3.2 Product/Service Landscape

                        9.3.3 Financial Overview

                        9.3.4 Recent Developments

            9.4 Baxter International Inc.

                        9.4.1 Company Overview

                        9.4.2 Product/Service Landscape

                        9.4.3 Financial Overview

                        9.4.4 Recent Developments

            9.5 Fresenius Kabi

                        9.5.1 Company Overview

                        9.5.2 Product/Service Landscape

                        9.5.3 Financial Overview

                        9.5.4 Recent Developments

            9.6 Medtronic plc

                        9.6.1 Company Overview

                        9.6.2 Product/Service Landscape

                        9.6.3 Financial Overview

                        9.6.4 Recent Developments

            9.7 ResMed

                        9.7.1 Company Overview

                        9.7.2 Product/Service Landscape

                        9.7.3 Financial Overview

                        9.7.4 Recent Developments

            9.8 Koninklijke Philips

                        9.8.1 Company Overview

                        9.8.2 Product/Service Landscape

                        9.8.3 Financial Overview

                        9.8.4 Recent Developments

            9.9 Fisher & Paykel Healthcare

                        9.9.1 Company Overview

                        9.9.2 Product/Service Landscape

                        9.9.3 Financial Overview

                        9.9.4 Recent Developments

            9.10 Others.

                        9.10.1 Company Overview

                        9.10.2 Product/Service Landscape

                        9.10.3 Financial Overview

                        9.10.4 Recent Developments