Global Hospital Beds
Market: Overview
Beds are among the most essential equipment required
in a hospital, as patients are generally not in mobile condition to receive the
treatment, and rest is often necessary for them. For the critical conditions
that patients are admitted into the hospital, beds are required to be designed
in such a manner that provides ideal support and comfort. With growing
prevalence of several diseases, the healthcare industry is at an all-time peak
and consequently, the global
hospital beds market is projected for a healthy growth rate during the
forecast period of 2016 to 2024.
This report on global market for hospital beds is an
in-depth examination of all the factors that are expected to impact the growth
rate in the near future, and presents estimations on the future state of the
market until 2024. The report is a summation of interviews and discussions with
a wide range of key industry participants and opinion leaders. Some of the key players
have also been profiled in the report, exploring their market share, product
range, regional presence, and recent strategic developments such as mergers,
collaborations, acquisitions, and other announcements.
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The global hospital beds can be segmented on the
basis of type, treatment, power, and geography. By type, the market can be
divided into general beds, pediatric beds, pressure relief beds, bariatric
beds, and birthing beds. By treatment, the market can be categorized into acute
care beds, long term care beds, and critical care beds. By power, the market
can be segmented into electric beds, manual beds, and semi-electric beds.
Geographically, the report studies the opportunities available in the regions
of North America, Asia Pacific, Europe, and Rest of the World.
Global Hospital Beds
Market: Trends and Opportunities
Rising geriatric population is one of the prominent
factors of this market, as the people aged over 65 generally suffer from
several diseases such as arthritis, heart disease, respiratory diseases,
Alzheimer’s diseases, osteoporosis, and diabetes. According to the National
Institute on Aging, global geriatric population will rise to 1.5 billion, which
makes for a strong demand for hospital beds. Increasing number of
hospitalization cases and technological advancements in the field, and improving
healthcare infrastructure in emerging economies are other important factors
positively influencing the market. According to the report, rising demand for
advanced and selective features of hospital beds is a trend that urges
investment in research and development of advanced beds. Conversely, high cost
of these beds is seen as the primary restraint over the growth rate of the
global hospitals beds market.
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Global Hospital Beds
Market: Region-wise Outlook
Europe is expected to remain most lucrative regional
market during the forecast period, which is a reflection of increasing
expenditure in Europe’s medical industry and healthcare organizations. North
America forms the second most profitable region due to robust healthcare
infrastructure, whereas Asia Pacific is projected for most robust growth rate,
which is a result of vast population base and improving healthcare
infrastructure in the emerging economies such as India, China, Japan,
Australia, and South Korea.
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Companies mentioned
in the research report
Paramount Bed Co. Ltd., Getinge Group, LINET spol. s
r.o., ArjoHuntleigh, Stryker, Hill-Rom Holdings, Inc., Invacare Corporation,
and Medline Industries, Inc. are some of the key players currently operational
in the global hospital beds market. Most of these companies have sub-divisional
production units in order to meet the demand coming from medical establishments
that are replacing their outdated hospital beds with the advanced ones.
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