"Designing Growth Strategies is in our DNA"

Critical Care Therapeutics Market Size, Share & Industry Analysis, By Drug Class (Albumin, Prothrombin complex concentrates, Antithrombin concentrates, Factor XIII concentrates, Fibrinogen concentrates), By Application (Deep vein thrombosis, Pulmonary embolism (PE), Acute coronary syndrome, Atrial fibrillation, Hemodialysis, Coronary angioplasty, Surgeries)Others and Regional Forecast, 2024-2032

Region :Global | Report ID: FBI102011 | Status : Ongoing

 

KEY MARKET INSIGHTS

Critical care is the branch of medicine concerned with the diagnosis and management of life-threatening illness or injuries such as shock, burns, accidents, complicated surgeries, sepsis, and severe breathing problems. It usually takes place in ICU or trauma centre. The rising prevalence of life-threatening conditions such as cardiovascular diseases, respiratory diseases, etc., increasing geriatric population, rising awareness and acknowledgement of vital organ’s test among patients, technological advancements are some of the key factors that are projected to drive the market growth during the forecast period. For instance, according to National Institute of Health (NIH), in 2016, about 8.5 % of people worldwide are aged 65 and over and this percentage is projected to jump over 17% of the world’s population by 2050.


Key Market Driver -

Rising prevalence of chronic disorders, increasing geriatric population

Key Market Restraint -

High costs associated critical care therapeutics


Rising prevalence of chronic disorders (cardiovascular disorders, respiratory disorders), growing geriatric population, increasing awareness among people about vital organ’s test, and government initiatives for increasing awareness regarding occurrences of chronic disorders are some of the factors that are driving the market growth. According to the American Heart Association's Heart and Stroke Statistics – 2019, nearly half of (48%, 121.5 million in 2016) of all adults in the United States have some type of cardiovascular disease.

However, high cost associated with critical care theraapeutics, and unfavourable reimbursement scenarios are some of the factors expected to hamper the growth of critical care therapeutics market.

Market Segmentation:


By drug class, the market can be segmented into albumin, prothrombin complex concentrates, antithrombin concentrates, factor xiii concentrates, and fibrinogen concentrates. By application, the market can be segmented into deep vein thrombosis, pulmonary embolism (PE), acute coronary syndrome, atrial fibrillation, hemodialysis, coronary angioplasty, and surgeries

Geographically, the critical care therapeutics market can be segmented into North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa.

Key Players Covered:


The major companies in the global critical therapeutics market report includes Octapharma AG, Shire plc, Baxter, Bio Products Laboratory, Biotest AG, Kedrion S.p.A, Shanghai RAAS, and other prominent players.

Key Insights



  • Prevalence of Chronic Disorders for Key Countries/Regions

  • New Product Launches

  • Recent Industry Developments Such as Mergers, Partnerships and Acquisitions


Regional Analysis:


The global critical care therapeutics market is expected to be segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. North America is anticipated to lead the global critical care therapeutics market due to an increasing prevalence of chronic disorders (cardiovascular diseases, respiratory diseases, etc.) in the U.S. According to the American Heart Association's Heart and Stroke Statistics – 2019, nearly half of (48%, 121.5 million in 2016) of all adults in the United States have some type of cardiovascular disease. Also, the availability of advanced healthcare facilities and research and development in critical care therapeutics are responsible factors for dominance.

To gain extensive insights into the market, Request for Customization


The market in Europe is likely to have substantial market growth throughout the forecast period owing to rising geriatric population, and rising prevalence of chronic disorders. Asia Pacific and Latin America are expected to register a fast market growth during the forecast period due to the increasing number of chronic disorders, awareness about the vital organ’s test among the people and increased government initiatives for increasing awareness regarding occurrences of chronic disorders. On the other hand, Middle East and Africa is projected to surge the critical care therapeutics market in the near future.

Segmentation






















 ATTRIBUTE

 DETAILS

By Drug Class



  • Albumin

  • Prothrombin complex concentrates

  • Antithrombin concentrates

  • Factor XIII concentrates

  • Fibrinogen concentrates



By Application



  • Deep vein thrombosis

  • Pulmonary embolism (PE)

  • Acute coronary syndrome

  • Atrial fibrillation

  • Hemodialysis

  • Coronary angioplasty



  • Surgeries



By Geography



  • North America (USA, Canada)

  • Europe (UK, Germany, France, Italy, Spain, Scandinavia and Rest of Europe)

  • Asia Pacific (Japan, China, India, Australia, Southeast Asia and Rest of Asia Pacific)

  • Latin America (Brazil, Mexico, Rest of Latin America)

  • Middle East & Africa (South Africa, GCC and Rest of Middle East & Africa)



Critical Care Therapeutics Industry Developments


  • In November 2019, ICU Medical, Inc., a leader in the development, manufacture and sale of innovative medical products used in infusion therapy and critical care applications acquired Pursuit Vascular, Inc.

  • In March 2019, Piramal Enterprises Limited (PEL), launched MITIGO (Morphine Sulfate Injection, USP – Preservative-free) in 10 mg/mL and 25 mg/mL concentrations for the management of intractable chronic pain, in the U.S. market.

  • In June 2018, Koninklijke Philips N.V., a global leader in health technology acquired Remote Diagnostic Technologies (RDT), a UK-based leading innovator of advanced solutions for the pre-hospital market providing, monitoring, cardiac therapy and data management, with an aim to expand its therapeutic care business.





  • Ongoing
  • 2023
  • 2019-2022

Personalize this Research

  • Granular Research on Specified Regions or Segments
  • Companies Profiled based on User Requirement
  • Broader Insights Pertaining to a Specific Segment or Region
  • Breaking Down Competitive Landscape as per Your Requirement
  • Other Specific Requirement on Customization
Request Customization Banner

Healthcare Clients

Grifols
Siemens Healthineers
Pfizer
Ansell
Amgen

Client Testimonials

“We are quite happy with the methodology you outlined. We really appreciate the time your team has spent on this project, and the efforts of your team to answer our questions.”

- One of the largest & renowned medical research centers based in the U.S. on a report on the U.S. NIPT Market.

“Thanks a million. The report looks great!”

- Feedback from a consultant on a report on the U.S. Beef Market.

“Thanks for the excellent report and the insights regarding the lactose market.”

- Brazil based company specializing in production of protein ingredients.

“I liked the report; would it be possible to send me the PPT version as I want to use a few slides in an internal presentation that I am preparing.”

- Global Digital Services Agency on a report on the Global Luxury Goods Market.

“This report is really well done and we really appreciate it! Again, I may have questions as we dig in deeper. Thanks again for some really good work.”

- U.S.-based biotechnology company focussing on treatment of chronic pain.

“Kudos to your team. Thank you very much for your support and agility to answer our questions.”

- Europe-based provider of solutions to automate data centre operations.

“We appreciate you and your team taking out time to share the report and data file with us, and we are grateful for the flexibility provided to modify the document as per request. This does help us in our business decision making. We would be pleased to work with you again, and hope to continue our business relationship long into the future.”

- India-based manufacturer of industrial and specialty intermediates with a strong global presence.

“I want to first congratulate you on the great work done on the Medical Platforms project. Thank you so much for all your efforts.”

- One of the largest cosmetics company in the world.

“Thank you very much. I really appreciate the work your team has done. I feel very comfortable recommending your services to some of the other startups that I’m working with, and will likely establish a good long partnership with you.”

- U.S. based startup operating in the cultivated meat market.

“We received the below report on the U.S. market from you. We were very satisfied with the report.”

- Global hearing aids manufacturer.

“I just finished my first pass-through of the report. Great work! Thank you!”

- U.S. based solar racking solutions provider.

“Thanks again for the great work on our last partnership. We are ramping up a new project to understand the imaging and imaging service and distribution market in the U.S.”

- World’s leading advisory firm.

“We feel positive about the results. Based on the presented results, we will do strategic review of this new information and might commission a detailed study on some of the modules included in the report after end of the year. Overall we are very satisfied and please pass on the praise to the team. Thank you for the co-operation!”

- Germany based machine construction company.

“Thank you very much for the very good report. I have another requirement on cutting tools, paper crafts and decorative items.”

- Japanese manufacturing company of stationery products.

“We are happy with the professionalism of your in-house research team as well as the quality of your research reports. Looking forward to work together on similar projects”

- One of the Leading Food Companies in Germany

“We appreciate the teamwork and efficiency for such an exhaustive and comprehensive report. The data offered to us was exactly what we were looking for. Thank you!”

- Intuitive Surgical

“I recommend Fortune Business Insights for their honesty and flexibility. Not only that they were very responsive and dealt with all my questions very quickly but they also responded honestly and flexibly to the detailed requests from us in preparing the research report. We value them as a research company worthy of building long-term relationships.”

- Major Food Company in Japan

“Well done Fortune Business Insights! The report covered all the points and was very detailed. Looking forward to work together in the future”

- Ziering Medical

“It has been a delightful experience working with you guys. Thank you Fortune Business Insights for your efforts and prompt response”

- Major Manufacturer of Precision Machine Parts in India

“I had a great experience working with Fortune Business Insights. The report was very accurate and as per my requirements. Very satisfied with the overall report as it has helped me to build strategies for my business”

- Hewlett-Packard

“This is regarding the recent report I bought from Fortune Business insights. Remarkable job and great efforts by your research team. I would also like to thank the back end team for offering a continuous support and stitching together a report that is so comprehensive and exhaustive”

- Global Management Consulting Firm

“Please pass on our sincere thanks to the whole team at Fortune Business Insights. This is a very good piece of work and will be very helpful to us going forward. We know where we will be getting business intelligence from in the future.”

- UK-based Start-up in the Medical Devices Sector

“Thank you for sending the market report and data. It looks quite comprehensive and the data is exactly what I was looking for. I appreciate the timeliness and responsiveness of you and your team.”

- One of the Largest Companies in the Defence Industry
We use cookies to enhance your experience. By continuing to visit this site you agree to our use of cookies . Privacy.
X