How Big Is the Critical Care Equipment Market | Growth 2031

Q: What was the critical care equipment market size and growth forecast for 2024–2031?

The critical care equipment market was expected to grow from USD 13.2 billion in 2024 to USD 20.7 billion by 2031, at a CAGR of 6.5%.

Q: What are the key drivers of the critical care equipment market?

The critical care equipment market is driven by chronic disease prevalence, technological advancements, an aging population, and increased demand for intensive care services.

Q: What trends are shaping the critical care equipment market?

Key trends in critical care equipment market include the adoption of smart monitoring systems, portable equipment, and integration of AI and IoT in ICU devices.

Q: Which companies are leading in the critical care equipment market?

Major players in critical care equipment market include GE HealthCare, Philips, Medtronic, Dräger, and B. Braun among others.

Q: How does 6W market outlook report help businesses in making decisions?

6W monitors the market across 60+ countries Globally, publishing an annual market outlook report that analyses trends, key drivers, Size, Volume, Revenue, opportunities, and market segments. This report offers comprehensive insights, helping businesses understand market dynamics and make informed decisions.

Q: Do you also provide customisation in the market study?

Yes, we provide customisation as per your requirements. To learn more, feel free to contact us on sales@6wresearch.com

Code: MTA5295

Publication Date: Jul 2025

What is the Critical Care Equipment Market Size?

According to 6Wresearch internal database and industry insights, the Global Critical Care Equipment Market was valued at USD 13.2 billion in 2024 and is anticipated to exceed USD 20.7 billion by 2031, registering a steady at a CAGR of 6.5% during the forecast period.

The critical care equipment market is driven by the growing burden of chronic diseases, rising incidence of trauma and emergency cases, and increasing geriatric population. The market is also fueled by the expansion of healthcare infrastructure, rapid technological advancements in monitoring and life-support devices, and the demand for improved patient outcomes. Government investments in intensive care units and a rise in surgical procedures further support the growth trajectory of the market.

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Major Growth Factors of the Critical Care Equipment Market

Increasing demand for ICU beds and ventilators
Technological advancements in patient monitoring devices
Growing aging population requiring critical care
Surge in chronic and respiratory diseases
Rise in the number of surgeries and trauma cases
Expansion of hospital and healthcare infrastructure
Higher healthcare spending globally
Government support and initiatives for critical care services

Critical Care Equipment Market Trends

The critical care equipment market is witnessing a shift towards smart and integrated systems that enable real-time patient monitoring and data sharing. There is increasing adoption of wireless and remote monitoring technologies, alongside rising emphasis on portable and compact devices for enhanced mobility and convenience in critical care settings. Hospitals are also upgrading their ICUs with advanced life-support systems to improve treatment efficiency.

Emerging Developments in the Critical Care Equipment Market

The critical care equipment market is experiencing innovation in AI-based monitoring, automation in ventilator systems, and integration with electronic health records for improved decision-making. Collaborations between medtech companies and healthcare providers are accelerating the development of intelligent ICU systems. There is also a growing focus on sustainable and cost-effective equipment design.