According to a new report published by KD Market Insights, titled, “Intensive Care Unit Beds Market Insights, Trends, Opportunity & Forecast, 2023–2032,” the global intensive care unit beds market size is anticipated to witness moderate growth during the forecast period i.e., 2023-2032. The rising occurrence of long term illnesses, increasing demand for ICU beds, neonatal and pediatric ICU beds, Development of healthcare infrastructure, Integration of technology into ICU beds which are the major factors augmenting the growth of the global intensive care unit beds market. The global intensive care unit beds market is anticipated to grow at a moderate CAGR of 4.9% from 2023 to 2032. The market's revenue surged to $1.5 billion in 2022, and it is expected to further accelerate, reaching a notable $2.4 billion by 2032.

The rising occurrence of long term illnesses, like diseases, cancer and respiratory diseases is pushing for a need for ICU beds that are efficient and dependable, are further expected to create ample growth opportunities for the global intensive care unit beds market during the forecast period i.e., 2023-2032. Moreover, the advancements in technology have led to the creation of ICU beds that come with features such as monitoring, real time data analysis and automated controls, has propelled market expansion. Expansion of healthcare infrastructure in developing regions, is expected to contribute towards the market growth during the period.

The North America region accounted for the largest share in the global intensive care unit beds market in 2022. The region is further projected to continue dominating in the market during the forecast period. This can be attributed to the high emphasis on healthcare infrastructure development and the increasing prevalence of chronic conditions.

According to type, the electric beds segment accounted for the largest market share in the intensive care unit beds market in 2022 and is further expected to continue with the trend during the forecast period i.e., 2023 – 2032.

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The global intensive care unit beds market is segmented into type, application, end-users and region. Based on type, the market is bifurcated into electric beds, semi-electric beds, manual beds. Based on application, it is classified into general ICUs, specialized ICUs, pediatric ICU, neonatal ICUs, others. Based on end-users, it is classified into hospitals, ambulatory surgical centers, others.

The global intensive care unit beds market is analyzed across North America (U.S. & Canada), Europe (Germany, United Kingdom, France, Italy, Spain, Russia, and Rest of Europe), Asia Pacific (China, India, Japan, South Korea, Indonesia, Thailand, Australia, New Zealand, and Rest of Asia Pacific), Latin America (Brazil, Mexico, and the Rest of Latin America) and Middle East & Africa (GCC (Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman), North Africa, South Africa, and Rest of Middle East & Africa).

Key Insights of Intensive care unit beds Market

·        On the basis of type, the electric beds segment accounted for the largest market share in the intensive care unit beds market in 2022 and is further expected to continue with the trend during the forecast period i.e., 2023 – 2032.

·        On the basis of region, North America accounted for the largest share in the global intensive care unit beds market in 2022. The region is further projected to continue dominating in the market during the forecast period.

·        On the basis of region, Europe is estimated to account for the second largest share in the market during the forecast period.

Some of the major intensive care unit beds companies profiled in the report include Linet Group SE (Linet spol. s.r.o.), DSV Panalpina A/S (Span-America Medical Systems, Inc.), Merivaara Corp., Getinge AB, Joh. Stiegelmeyer & Co. GmbH (Stiegelmeyer GmbH & Co. KG), Hill-Rom Holdings Inc., Stryker Corporation, Malvestio S.P.A., Invacare Corporation, Medline Industries, Inc.

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