Global Life Support Equipment Market, by Type (Continuous Positive Airways Pressure Devices, Enteral Feeding Pump, and Others), By End-User (Hospitals, Clinics, Trauma Centres, Ambulatory Surgical Centres), and by Region and Companies Industry Segment Outlook, Market Assessment, Competition Scenario, Trends and Forecast 2022-2032.
- Published date: Feb 2022
- Report ID: 84168
- Number of Pages: 274
- Format:
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Life Support Equipment Market Overview:
The Global Life Support Equipment Market is projected to be USD 4152.5 Mn in 2021 to reach USD 5,957.40 Mn by 2031 at a CAGR of 6.2%.
Market.US announces the publication of a recently generated research report titled, “Global Life Support Equipment Market, by Type (Continuous Positive Airways Pressure Devices, Enteral Feeding Pump, External Heat Pump, Haemodialysis Machine, Intermittent Peritoneal Dialysis Machine, Nebulizer, Oxygen Concentrators, Phototherapy Equipment, Power Wheelchairs For Quadriplegics, Total Parental Nutrition and Ventilators), By End-User (Hospitals, Clinics, Trauma Centres, Ambulatory Surgical Centres), and by Region – Global Forecast to 2031.” This report offers a holistic view of the global life support equipment market through systematic segmentation that covers every aspect of this target market.
In hospitals and other healthcare facilities, life support equipment is used to help sustain an individual’s life. This equipment can include respirators, heart monitors, and other devices that help to keep a person stable. Life support equipment can be used for a variety of reasons.
Each type of life support equipment has a specific purpose, and healthcare professionals must know how each piece of equipment works, and more importantly how to use it safely and effectively. While this equipment is critical in helping patients in a crisis, it can also be expensive and require a great deal of training to use properly.
Every day, numerous people rely on life support equipment to sustain their lives. Whether it is a ventilator keeping someone who can’t breathe on their own, alive, or a feeding tube providing sustenance to someone who can’t eat on their own. Essentially, these devices are critical to helping people live. Some people need life support equipment because they have a pre-existing medical condition that requires it.
In the United States, an estimated 3.5 million people live with a life-threatening illness. For these individuals, life support equipment is a critical piece of medical equipment that can mean the difference between life and death. Life support equipment includes ventilators, dialysis machines, and infusion pumps. These devices are used to ensure that patients receive the oxygen they need to breathe, the fluids they need to stay hydrated, and the supply of medication they need to stay alive.
The life support equipment is a critical part of any hospital, and it is important to have the right equipment to cater to the medical needs of their patients. Whether an individual is in the ICU or just needs a blood pressure cuff, life support equipment is essential for keeping individuals safe and healthy.
Global Life Support Equipment Market Revenue (US$ Mn), 2021–2031
The demand for life support equipment is primarily driven by the increasing number of patients suffering from chronic diseases, as well as growing geriatric populations who are more susceptible to developing these conditions. Additionally, the demand for advanced life support equipment is increasing owing to the increasing incidence of cardiovascular, and respiratory diseases; and in certain cases, motor accidents.
Moreover, the economic growth of this market is also driven by the increasing demand for life support equipment in hospitals and ambulances. General awareness concerning the benefits of an early diagnosis and treatment of a given disease is also contributing to the growth of this market.
Major restraints for this market include the high cost of life support equipment, as well as the need for adequate technical expertise necessary for their use. Additionally, stringent regulatory norms concerning their manufacture and usage are also expected to potentially restrain market growth over the next few years.
Furthermore, owing to the high pricing of these systems, several small-scale hospitals, clinics, and other medical centers are not capable of investing more in them. The hefty expense of life support systems makes them an unaffordable option for many patients. However, only a few patients choose these devices, and those who do, find it difficult to use them for an extended period of time.
The availability of less expensive critical care equipment in this industry could also be an element that could further limit the market growth.A surge in the number of hospitals and diagnostic centers is anticipated to open up new market growth opportunities. In addition to this, the emergence of new industry players may lead to significant opportunities in untapped markets being explored more thoroughly.
The growth of this market can also be attributed to the increasing incidence of lifestyle-related diseases, the surge in global geriatric populations, as well as various technological advancements being implemented in life support equipment to improve patient care and outcomes.
In recent years, the global life support equipment market has been growing at a fast pace. This is due to the increasing demand for such equipment from both the medical and military sectors. The medical sector is the largest consumer of life support equipment, followed by the military sector.
This research report on the global life support equipment market includes major company profiles such as
- Skanray Technologies Ltd.
- Patten Co. Inc.
- Ewellix
- Life Support Systems
- Medicop, Becton
- Dickinson and Company
- Baxter
- BPL Medical Technologies
- Getinge AB
- and Drägerwerk AG &Co. KGaA
- among others.
The Global Life Support Equipment Market Segmentation is Based on Type, End-User, and Region
Based on Services
- Continuous Positive Airways Pressure Devices
- Enteral Feeding Pump
- External Heat Pump
- Hemodialysis Machine
- Intermittent Peritoneal Dialysis Machine
- Nebulizer
- Oxygen Concentrators
- Phototherapy Equipment
- Power Wheelchairs for Quadriplegics
- Total Parenteral Nutrition and Ventilators
Based on End-User
- Hospitals
- Clinics
- Trauma Centers
- Ambulatory Surgical Centers
Based on Region
- North America
- Europe
- Asia-Pacific
- South America
- Middle East & Africa
Life Support Equipment MarketPublished date: Feb 2022add_shopping_cartBuy Now get_appDownload Sample - Skanray Technologies Ltd.
- Patten Co. Inc.
- Ewellix
- Life Support Systems
- Medicop, Becton
- Dickinson and Company
- Baxter International Inc Company Profile
- BPL Medical Technologies
- Getinge AB
- and Drägerwerk AG &Co. KGaA
- among others.
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