Critical Care Equipment Global Market Report 2025

Critical care equipment refers to medical equipment used in the treatment of individuals facing life-threatening injuries or illnesses, often administered in an intensive care unit. This specialized care is typically provided for conditions such as surgical complications, accident injuries, severe infections, and serious respiratory issues.

The primary product types of critical care equipment include patient monitors, ventilators, infusion pumps, sleep apnea devices, and other essential devices. A patient monitor is a device designed to record, measure, and display various biometric data, such as heart rate, blood pressure, body temperature, and SpO2. Monitoring can encompass different types, including hemodynamic monitoring, vital signs monitoring, neurologic monitoring, brain function monitoring, and others, catering to patients across various age groups, including adults, geriatrics, pediatrics, and neonates. These critical care equipment products are distributed through channels such as retail sales, third-party distribution, and others, and are primarily sold to hospitals, specialty clinics, ambulatory surgical centers, and other healthcare facilities.

Note that the outlook for this market is being affected by rapid changes in trade relations and tariffs globally. The report will be updated prior to delivery to reflect the latest status, including revised forecasts and quantified impact analysis. The report's Recommendations and Conclusions sections will be updated to give strategies for entities dealing with the fast-moving international environment.

The sharp increase in U.S. tariffs and resulting trade tensions in spring 2025 are significantly impacting the medical equipment sector, especially for imported components used in imaging machines, surgical-grade stainless steel, and disposable plastics. With hospitals and clinics pushing back against price increases, manufacturers are facing margin pressure. The situation is further complicated by regulatory challenges, as switching suppliers due to tariffs often necessitates re-certification of medical devices, leading to delays in market entry. In response, companies are mitigating risks by dual-sourcing key components, ramping up domestic production of standardized items, and accelerating research into more cost-effective materials.

The critical care equipment market research report is one of a series of new reports from The Business Research Company that provides critical care equipment market statistics, including critical care equipment industry global market size, regional shares, competitors with critical care equipment market share, detailed critical care equipment market segments, market trends, and opportunities, and any further data you may need to thrive in the critical care equipment industry. This critical care equipment market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.

The critical care equipment market size has grown strongly in recent years. It will grow from $5.73 billion in 2024 to $6.11 billion in 2025 at a compound annual growth rate (CAGR) of 6.7%. The growth in the historic period can be attributed to healthcare infrastructure, regulatory environment, disease patterns, economic factors, patient preferences.

The critical care equipment market size is expected to see strong growth in the next few years. It will grow to $8.59 billion in 2029 at a compound annual growth rate (CAGR) of 8.9%. The growth in the forecast period can be attributed to innovation and R&D, global health threats, value-based healthcare, emerging markets growth, climate and environmental impact. Major trends in the forecast period include technological advancements, remote patient monitoring, personalized medicine and customization, global health events preparedness, data security and privacy.

The forecast of 8.9% growth over the next five years indicates a slight reduction of 0.2% from the previous estimate for this market.This reduction is primarily due to the impact of tariffs between the US and other countries. This is likely to directly affect the US through tariffs on multi-parameter patient monitors and ventilator alarm systems, sourced from key regions such as Ireland and Israel, which could lead to intensive care unit (ICU) capacity constraints and higher hospitalization costs for life-threatening conditions.The effect will also be felt more widely due to reciprocal tariffs and the negative effect on the global economy and trade due to increased trade tensions and restrictions.

The escalating prevalence of chronic diseases is projected to drive the expansion of the critical care equipment market in the foreseeable future. Chronic diseases encompass persistent health conditions lasting a year or more, requiring continual medical attention and constraining daily activities. Within the realm of chronic ailments, critical care equipment plays a pivotal role in patient monitoring and treatment, particularly in intensive care units for managing surgical complications, severe infections, and significant respiratory problems. These critical care tools provide life-sustaining support to various bodily organs. For instance, based on data from the World Health Organization, approximately 41 million people succumbed to chronic diseases in 2022, accounting for 74% of global fatalities. Annually, 17 million individuals perish from chronic diseases before reaching the age of 70. Projections indicate that by 2025, an estimated 164 million individuals will be affected by chronic ailments. Consequently, the surge in chronic diseases serves as a catalyst for driving the growth of the critical care equipment market.

The growing adoption of telemedicine services is anticipated to drive the expansion of the critical care equipment market in the future. Telemedicine services involve providing healthcare and medical consultations remotely using telecommunications technology. As telemedicine becomes more widely accepted, it expands the opportunities for deploying critical care equipment in various healthcare environments, promoting remote patient monitoring, early intervention, and more efficient healthcare delivery. This aligns with the broader trend toward patient-centric and accessible healthcare solutions. For example, in April 2023, FAIR Health Inc., a US-based non-profit organization, reported a 7.3% national increase in telehealth usage, rising from 5.5% of medical claim lines in December 2022 to 5.9% in January 2023. Consequently, the growing adoption of telemedicine services is fueling the growth of the critical care equipment market.

Product innovation stands out as a pivotal trend driving prominence in the critical care equipment market. Key industry players within the critical care equipment domain prioritize the development of innovative solutions to fortify their market positioning. For instance, in January 2023, Getinge AB, a Sweden-based medical technology firm, launched the 'Servo-C mechanical ventilator.' This novel ventilator offers lung-protective therapeutic tools catering to both pediatric and adult patients. Its design simplifies respiratory support, boasting unique features such as CO2 monitoring, visualization of volume and pressure targets, 360-degree alarm visibility, high flow therapy, and personalized lung protection, all integrated for enhanced monitoring and care.

Major enterprises in the critical care equipment sector are pioneering advanced technologies such as wearable patient monitors to broaden their customer base, drive sales, and augment revenue streams. A wearable patient monitor is a compact, portable medical device specifically designed for continuous monitoring of a patient's vital signs and other health parameters. For instance, in December 2022, Mindray Medical International Limited, a China-based medical device firm, introduced 'mWear.' This innovative device stands out for its ability to streamline workflows by providing continuous monitoring of patient conditions, thereby facilitating advanced patient-centric care. Driven by an Anti-motion Algorithm, mWear ensures comprehensive and precise measurements of six key vital signs, alongside specialized health parameters, status indicators, and time analysis. It offers two monitoring modes - Wearable Mode and Continuous Mode - enabling caregivers to receive tailored patient status updates. Additionally, it intelligently triggers emergency alerts and escalations to ensure timely responses to any deterioration in the patient's condition.

In January 2022, ICU Medical Inc., a leading US-based medical technology and manufacturing company, concluded the acquisition of Smiths Medical from Smiths Group Plc. The acquisition's financial details remain undisclosed. Through this strategic acquisition, ICU Medical Inc. aims to bolster its infusion therapy product line while diversifying its portfolio to encompass newer clinical care markets. Smiths Medical, a US-based medical manufacturing firm, specializes in delivering advanced medical technology devices, including syringe and ambulatory infusion devices, vascular access tools, and vital care products. This acquisition serves as a catalyst for ICU Medical Inc.'s expansion into diverse healthcare segments, reinforcing its commitment to providing a wider range of innovative medical solutions.

Major companies operating in the critical care equipment market include AKAS Medical, B. Braun Melsungen AG, BPL Medical Technologies Pvt. Ltd., Dragerwerk AG & Co. KGaA, General Electric Company, Koninklijke Philips N.V., MAQUET Holding B.V. & Co. KG, Medtronic plc, Nihon Kohden Corporation, Skanray Technologies Ltd., Smiths Medical Inc., Getinge AB, Fresenius Kabi AG, Baxter International Inc., Hamilton Medical AG, Fisher & Paykel Healthcare Limited, Abbott Laboratories, Edwards Lifesciences Corporation, ResMed Inc., Teleflex Incorporated, Becton Dickinson and Company, ICU Medical Inc., Masimo Corporation, Mindray Medical International Limited, ZOLL Medical Corporation, Hill-Rom Holdings Inc., Stryker Corporation, Terumo Corporation, Boston Scientific Corporation, Cardinal Health Inc., Johnson & Johnson Services Inc., Siemens Healthineers AG

North America was the largest region in the critical care equipment market in 2024. The regions covered in the critical care equipment market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

The countries covered in the critical care equipment market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The critical care equipment market consists of sales of resuscitator bags, respiratory ventilators, medical stretchers, saturation monitors, blood pressure cuffs, endotracheal tubes, and ICU bedside monitors. Values in this market are 'factory gate' values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

Critical Care Equipment Global Market Report 2025 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.

This report focuses on critical care equipment market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.

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Where is the largest and fastest growing market for critical care equipment ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward, including technological disruption, regulatory shifts, and changing consumer preferences? The critical care equipment market global report from the Business Research Company answers all these questions and many more.

The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.

• The market characteristics section of the report defines and explains the market.
• The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
• The forecasts are made after considering the major factors currently impacting the market. These include:

The forecasts are made after considering the major factors currently impacting the market. These include the technological advancements such as AI and automation, Russia-Ukraine war, trade tariffs (government-imposed import/export duties), elevated inflation and interest rates.

• Market segmentations break down the market into sub markets.
• The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth.
• The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
• The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.

Scope

• Markets Covered:1) By Product Type: Patient Monitors; Ventilators; Infusion Pumps; Sleep Apnea Devices; Other Products
• 2) By Monitoring Type: Hemodynamic Monitoring; Vital Signs Monitoring; Neurologic Monitoring; Brain Function Monitoring; Monitoring Types
• 3) By Patient Type: Adult; Geriatric; Pediatric; Neonates
• 4) By Distribution Channel: Direct Tender; Retail Sales; Third Party Distribution; Other Distribution Channels
• 5) By End User: Hospitals; Specialty Clinics; Ambulatory Surgical Centers; Other End Users
• Subsegments:
• 1) By Patient Monitors: Vital Signs Monitors; Cardiac Monitors; Multi-Parameter Monitors; Remote Patient Monitoring Systems
• 2) By Ventilators: Invasive Ventilators; Non-Invasive Ventilators; Portable Ventilators; High-Frequency Ventilators
• 3) By Infusion Pumps: Syringe Pumps; Volumetric Pumps; Patient-Controlled Analgesia (PCA) Pumps; Smart Infusion Pumps
• 4) By Sleep Apnea Devices: Continuous Positive Airway Pressure (CPAP) Devices; Bi-Level Positive Airway Pressure (BiPAP) Devices; Auto-Adjusting CPAP Machines; Oral Appliances
• 5) By Other Products: Defibrillators; Oxygen Concentrators; Suction Devices; Temperature Management Systems
• Companies Mentioned: AKAS Medical; B. Braun Melsungen AG; BPL Medical Technologies Pvt. Ltd.; Dragerwerk AG & Co. KGaA; General Electric Company; Koninklijke Philips N.V.; MAQUET Holding B.V. & Co. KG; Medtronic plc; Nihon Kohden Corporation; Skanray Technologies Ltd.; Smiths Medical Inc.; Getinge AB; Fresenius Kabi AG; Baxter International Inc.; Hamilton Medical AG; Fisher & Paykel Healthcare Limited; Abbott Laboratories; Edwards Lifesciences Corporation; ResMed Inc.; Teleflex Incorporated; Becton Dickinson and Company; ICU Medical Inc.; Masimo Corporation; Mindray Medical International Limited; ZOLL Medical Corporation; Hill-Rom Holdings Inc.; Stryker Corporation; Terumo Corporation; Boston Scientific Corporation; Cardinal Health Inc.; Johnson & Johnson Services Inc.; Siemens Healthineers AG
• Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain
• Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
• Time Series: Five years historic and ten years forecast.
• Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita,
• Data Segmentations: country and regional historic and forecast data, market share of competitors, market segments.
• Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
• Delivery Format: PDF, Word and Excel Data Dashboard.