
Published On: Feb 2021
Published On: Feb 2021
According to a new market research study of ‘South and Central America Medical Headwalls Market Forecast to 2027 - COVID-19 Impact and Analysis by product, and application’ the South and Central America medical headwalls market is expected to reach US$ 60.21 million in 2027 from US$ 46.15 in 2019. The market is estimated to grow with a CAGR of 3.9% from 2020-2027. The report provides trends prevailing in the South and Central America medical headwalls market and the factors driving market along with those that act as hindrances.
Based on the application, the South and Central America the medical headwalls market, is segmented into intensive care unit (ICU)/critical care unit (CCU), post-anaesthesia care unit (PACU), patient rooms, and others. The intensive care unit (ICU)/critical care unit (CCU) segment held the largest share of the market in 2019, whereas the patient rooms segment is anticipated to register the highest CAGR in the market during the forecast period owing to it advantages like flexibility, slim design, and easy to clean. The intensive care unit (ICU) room is equipped with advanced technology. Patients in ICU or CCU are monitored with bedside physiologic monitors, and ICU/CCU rooms are well designed to have redundant gas and electric sources. The market players are providing headwall solutions to improve patient care which allows essential ICU equipment to be easily placed and relocated in optimal locations to meet the patients’ unique clinical needs. Intensive care medical headwalls are purchased by hospitals, multi-specialty hospitals and ambulatory care centers. However, the patient rooms segment is estimated to register the fastest CAGR. In recent years next generation patient rooms’ have been developed with human-centered perspective which focuses on the needs of patients, clinicians and family members. The wall of the patient room is equipped with either horizontal headwall or vertical headwall depending on the space available in the patient room. A boom in healthcare construction in the recent years, along with renovations of medical facilities, have led to the development of technologically advanced rooms. Thus the development of next generation patient room and a boom in healthcare construction is likely to enhance the growth of the patient room segment during the forecast period.
The growth of the market is attributed to some key driving factors such as the rising burden of chronic diseases and an increased investment by private sector in hospitals. However, the market is expected experiencing slow growth during the forecast period owing to the high cost of the healthcare facilities in low and middle-income countries.
Dragerwerk AG & Co. KGaA, Shenzhen Mindray Bio-Medical Electronics Co., Ltd., and AMICO GROUP OF COMPANIES are among the leading companies operating in the South and Central America medical headwalls market.
South and Central America Medical Headwalls Market, By Country, 2019(% share)
The report segments South and Central America Medical Headwalls Market as Follows:
By Product
By Application
By Country