"Designing Growth Strategies is in our DNA"

Sedation In ICU Setting Market Size, Share and Industry Analysis By Drug/Drug Class (Propofol, Benzodiazepams (Midazolam, etc.), Dexmedetomidine, Remifentanil), and Regional Forecast 2019-2026

Region : Global | Format: PDF | Report ID: FBI100956

 

KEY MARKET INSIGHTS

Play Audio Listen to Audio Version

The global sedation in ICU setting market size was valued at USD 2385.3 Million in 2018 and is projected to reach USD 3688.2 Million by 2026, exhibiting a CAGR of 5.7% in the forecast period (2019-2026).


According to statistics published by the United Nations, the global population aged 60 years and over is projected to increase from 962 million in 2007 to 2.1 Billion in 2050. This is expected to present a large patient pool suffering from comorbid illness, and subsequently lead to increasing ICU admission of elderly population worldwide.


Several longitudinal studies suggested that during the last two decades the number of elderly patients admitted to intensive care units have increased massively. For instance, a recent article published by a medical journal ‘Annals of Intensive Care’, suggested that in Europe, elderly patients comprise 10–20% of all ICU admissions.


As per the article published by the Journal of Hospital Administration, in Australia, the percentage of the elderly patients admitted to critical care units progressively increased from 8.6% in 2000 to 14.5% in 2015. This progressively increasing elderly patient pool presents a huge opportunity for market players in the ICU sedation market, to cater to the unmet needs, and market players should focus on new developments and innovations in the ICU sedation technique, to consolidate their market position.


Request a Free sample to learn more about this report.


Market Segmentation


"Propofol is projected to dominate the global sedation in ICU setting market"


In terms of durgs/drug class, the global market is categorized into propofol, benzodiazepams (midazolam, etc.), dexmedetomidine, remifentanil, and others. Among these, the propofol segment accounted for significant global sedation in ICU setting market share of 46.7% in 2018. Owing to the increasing adoption of propofol in controlling the agitation and pain in mechanical ventilation is anticipated to fuel the growth of the propofol segment in the global market.


Combined with this the recent launch of generic products is also expected to propel the overall sedation in ICU setting market growth. It has been observed that despite many trials comparing sedative regimens, not a single sedative drug is safer and superior to all others. At present, benzodiazepines (such as midazolam), propofol, and dexmedetomidine are the most commonly used sedatives in critical care patients. 


To know how our report can help streamline your business, Speak to Analyst


The new global sedation in ICU setting products, developments and innovations with superior sedation techniques and affordable, safer, potent drugs are considered to be major factors supporting the sedation in the ICU setting market growth in future. 


Regional Analysis


"Strong Presence of Key Market Players and Higher Cost of Sedatives Enables Market to Hold Considerable Share in North America"


North America generated global sedation in ICU setting market revenue of US$ 847.2 in 2018 and is expected to dominate the sedation in ICU setting market throughout the forecast period. The ICU admissions in North America was estimated to be 6,890,471 in 2017 and projected to increase by 2025 to reach at 9,273,559. The rise in ICU admissions in North America has been attributed to rising comorbid illness in the aging population and increasing number of critical care beds in this region. The number of ICU patients mechanically ventilated; on sedatives was estimated to be 1,896,051 and projected to increase by 2025 to reach at 2,656,108.


North America Sedation in ICU Setting Market Size, 2018

To get more information on the regional analysis of this market, Request a Free sample


The number of ICU patients mechanically ventilated; on sedatives is anticipated to register a CAGR of 4.3% from 2018-2025. The rising ICU admission of elderly patients with respiratory & infectious diseases such as sepsis is one of the major cause supporting the growth of the number of ICU patients mechanically ventilated; on sedatives in Europe market for sedation in ICU setting. Developing health care infrastructure, growing number of hospital ICUs and rising ICU admission are major factors considered to support the growth of global sedation in ICU setting market in emerging countries in Asia Pacific and Latin American regions. 


Key Market Drivers


"Astra Zeneca, Mylan & GlaxoSmithKline Accounts for More Than Half of the Market Share in Terms of Revenue"


AstraZeneca, GlaxoSmithKline and Mylan are considered to be the top 3 players operating in the market. These three companies have a strong position in global sedation in ICU setting market share in 2018. Established brand presence and strong distribution across the globe are major factors responsible for their strong position in the global market.


There are several generic players operating in the market which cumulatively hold a major share of ICU sedation market. Few of prominent generic players include, Fresenius Kabi, Teva, B. Braun Medical, etc. At present, Propofol considered holding the largest sedation in ICU setting market revenue of around 50% for sedatives used in mechanically ventilated patients in an ICU setting. 


List of Companies Profiled



  • Astra Zeneca

  • GlaxoSmithKline

  • Mylan N.V.

  • Fresenius Kabi

  • Teva Pharmaceutical Industries

  • B. Braun Medical

  • Aspen Holdings

  • Other prominent players


Report Coverage  


Currently, Benzodiazepines such as Midazolam and Lorazepam considered to be the largest group of drug class holds significant market share in market for sedatives used in mechanically ventilated patients in the ICU settings. Dexmedetomidine is considered to be the fastest growing sedative used in mechanically ventilated ICU patients owing to higher efficiency and comparatively lower adverse effects compared to existing sedatives. 


The report on sedation in ICU setting market provides qualitative and quantitative insights on the sedation in ICU setting industry trends and detailed analysis of market size & growth rate for all possible segments in the market. The sedation in ICU setting market segments include drug/drug class and by region.


In terms of durgs/drug class, the global market is categorized into propofol, benzodiazepines (midazolam, etc.), dexmedetomidine, remifentanil, and others. Geographically, the global market is segmented into four major regions, which are North America, Europe, Asia Pacific, and rest of the World. The regions are further categorized into countries. 


An Infographic Representation of Sedation In ICU Setting Market

To get information on various segments, share your queries with us



Along with this, the report on global sedation in ICU setting market analysis comprises of the market dynamics and competitive landscape. Various key insights provided in the report are the guidelines for sedation in icu setting – for key countries, technological advancements, pipeline analysis, and advantages & disadvantages of various types of sedation in icu setting by drug class. 


SEGMENTATION


















 ATTRIBUTE



 DETAILS



By Drug/Drug Class




  • Propofol

  • Benzodiazepines (Midazolam, etc.)

  • Dexmedetomidine

  • Remifentanil

  • Others



By Geography




  • North America (USA and Canada)

  • Europe (UK, Germany, France, Italy, Spain, Sweden, Norway, Denmark, Finland, Benelux, Russia and Rest of Europe)

  • Asia Pacific (Japan, China, India, South Korea, and Rest of Asia Pacific)

  • Rest of the World



Key Industry Developments



  • In September 2011, the European Commission has granted Dexdor (dexmedetomidine) from Orion, centralized approval covering 27 European Union countries for sedation of adult intensive care unit patients

  • In August 2014, Mylan, N.V. launched dexmedetomidine hydrochloride injection, a therapeutically equivalent version of Precedex

  • In June 2016, Aspen Holdings signed an agreement with AstraZeneca AB and AstraZeneca to gain exclusive rights to commercialize AstraZeneca’s global (excluding the USA) anesthetic portfolio


Frequently Asked Questions

Fortune Business Insights says that the Sedation in ICU Setting market was valued at US$ 2385.3 Mn in 2018 and is projected to reach US$ 3688.2 Mn by 2026

In 2018, the global Sedation in ICU Setting Market was valued at US$ 2385.3 Mn.

Growing at a CAGR of 5.7%, the market will exhibit steady growth in the forecast period (2019-2026).

Propofol segment is expected to be the leading segment in this market during the forecast period.

Increasing adoption of propofol in controlling the agitation and pain in mechanical ventilation is anticipated to fuel the growth of the global Sedation in ICU Setting Market

Astra Zeneca, Mylan & GlaxoSmithKline are the top players in the market.

North America is expected to hold the highest market share in the market.

Seeking Comprehensive Intelligence on Different Markets?
Get in Touch with Our Experts

Speak to an Expert
  • Jul, 2019
  • 2018
  • 2015-2017
  • 101

    CHOOSE LICENSE TYPE

  • $4850
    $5850
    $6850

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

3M
Fresenius
uniliver
Siemens Healthineers
Johnson

Related Reports

Client Testimonials

“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