Leading Critical Care Devices Therapeutic Area Markets Databank

Leading Critical Care Devices Therapeutic Area Markets Databank

The Critical Care Devices market was valued at $32,200.0 Million in 2020, and is projected to reach $39,831.0 Million by 2029 growing at a CAGR of 2.49% from 2021 to 2029. Multiparameter Monitoring Devices segment is expected to be the highest contributor to this market, with $8,395.3 Million in 2020, and is anticipated to reach $10,414.3 Million by 2029, registering a CAGR of 2.53%. Feeding Tubes segment is anticipated to reach $1,142.7 Million by 2029 with the highest CAGR of 2.87%. Multiparameter Monitoring Devices and Hemodialysis Machines segments collectively expected to account for about 47.1% share of the Critical Care Devices market in 2020, with the former constituting around 26.1% share. Feeding Tubes and ECG Devices segments are expected to witness significant growth rates at a CAGR of 2.87% and 2.72% respectively, during the forecast period. Presently, share of these two segments is estimated to be around 8.3% in the overall Critical Care Devices market in 2020, and is anticipated to reach 8.5% by 2029.