The rise in geriatric population and their vulnerability towards various chronic diseases are boosting the global sedation in ICU setting market, predicts Fortune Business Insights in their new study. The study is titled, “Sedation in ICU settings market: Global Market Analysis, Insights, and Forecasts 2019-2026”. The report predicts the market to witness promising growth during the forecast period on account of the rising number of patient pool with serious medical conditions.
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Rising Cases of Respiratory Disorders Will Help North America Emerge Dominant
Fortune Business Insights foresees the global sedation in ICU setting market to be dominated by North America. This is owing to the rising cases of comorbid illness amongst the aged population and the rising number of critical care beds in the developed nations such as Canada and the U.S. 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. Additionally, the increasing number of infectious diseases namely sepsis, and respiratory diseases resulting in admission in ICU is also propelling growth in the region.
Some of the players operating in the global sedation in ICU Setting market include Aspen Holdings, Teva Pharmaceutical Industries, Mylan N.V., Astra Zeneca, B. Braun Medical, Fresenius Kabi, GlaxoSmithKline, and others.
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