Hospital Beds Market 2022-2027
The Hospital Beds Market is expected to grow on an astounding note shortly. Integrated medical technologies facilitate cloud-based online health records. They thus make way for a well-tuned care plan and invest less time in assimilating pieces of information. This comes through improved workflows and medical IoT. The healthcare vertical would thus go the appropriate remote motoring way shortly.
According to a new market report published by Persistence Market Research “Global Market Study on Hospital Beds: Asia to Witness Highest Growth by 2027”, the global hospital beds market was valued at USD 5,254.2 million in 2014 and is expected to expand at a CAGR of 4.2% from 2014 to 2027, to reach an estimated value of USD 6,731.8 million by 2027.
Get Free Sample Copy of this Report@ https://www.persistencemarketresearch.com/samples/2815
Hospital beds refer to medical equipment used to provide care to patients during their hospitalization. Special features of hospital beds, such as adjustable heights of the bed and side rails controlled by electronic buttons, make them caretaker friendly and help provide better comfort to patients. Hospital beds can be classified on the basis of usage, power, and treatment. Globally, the hospital beds market is witnessing significant growth due to increasing prevalence of chronic diseases and increasing aging population.
Some of the major players in the hospital beds market:
- Hill-Rom Holdings, Inc.
- Stryker, Paramount Bed Co. Ltd.
- ArjoHuntleigh.
- Invacare Corporation.
- Medline Industries, Inc.
- LINET spol. Ltd
- Other
Request for Methodology@ https://www.persistencemarketresearch.com/methodology/2815
Moreover, increasing healthcare expenditure and technological advancements in this field are driving the market. However, high costs of advanced hospital beds restrain the hospital beds market. Similarly, decreasing demand for general hospital beds in developed countries is a major concern for the market. As a result, the market is expected to grow at a CAGR of 4.2% during 2014 – 2020.
Europe has the largest market for hospital beds. This is mainly due to increasing prevalence of chronic diseases and rising healthcare spending in the region. The European market for hospital beds was estimated at USD 1,643.2 million in 2014 and is expected to reach USD 2,010.2 million in 2020, expanding at a CAGR of 3.4%. The Asian market for hospital beds is expected to increase at a significant rate due to large population base, growing hospital infrastructure, and improving reimbursement scenario in the region.
On the basis of power, manual beds account for the largest and fastest growing segment. On the basis of treatment, acute care beds account for the largest segment, while critical care beds account for the fastest growing segment in the global hospital beds market.
The hospital beds market is segmented as follows:
By Usage
- General purpose beds
- Birthing beds
- Pediatric beds
- Bariatric beds
- Pressure relief beds
By Power
- Electric beds
- Semi-Electric beds
- Manual beds
By Treatment
- Critical care beds
- Acute care beds
- Long-term care beds
Access Full Report@ https://www.persistencemarketresearch.com/checkout/2815
Major Highlights of the Hospital Beds Market Report:
- The Hospital Beds Market analysis report offers an in-depth study of the potential market growth opportunities and challenges.
- The report dives deeper into the market and explains the dynamic factors bolstering market growth.
- The report deeply assesses the current, historical market size, market share, and revenue growth rates to offer accurate market projections for the forecast period.
- The report analyzes the Hospital Beds Market presence across major regions of the world.
- It determines the production & consumption capacities and demand & supply dynamics of each regional market.
- The report further illustrates the intense competition among the key market players and highlights their effective business expansion plans and strategies.
- It provides company overview and SWOT analysis of each of the market players.
Contact us:
Persistence Market Research
Address – 305 Broadway, 7th Floor, New York City,
NY 10007 United States
U.S. Ph. – +1-646-568-7751
USA-Canada Toll-free – +1 800-961-0353
Sales – sales@persistencemarketresearch.com