Medical Bed Market Expected to Hit US$ 5.27 Billion by 2029
Medical Bed market report is presented to the clients that extend their reach to the success. Market parameters covered in this advertising report can be listed as market definition, currency and pricing, market segmentation, market overview, premium insights, key insights and company profile of the key market players. Each parameter included in this business research report is again explored deeply for the better and actionable market insights. Geographical scope of the products is also carried out comprehensively for the major global areas which helps define strategies for the product distribution in those areas.
Medical Bed market research report predicts the size of the market with respect to the information on key retailer revenues, development of the industry by upstream and downstream, industry progress, key companies, along with market segments and application. The CAGR values covered here estimates the fluctuation about the rise or fall of demand for the specific forecasted period with respect to investment. To be successful in this competitive age, it is very imperative to get well-versed about the major happenings in the healthcare industry which is possible only with the excellent market report like this one.
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Key Market Players mentioned in this report:
- Hill-Rom Services, Inc. (US)
- Invacare Corporation. (US)
- Medical Depot, Inc. (Canada)
- Stryker Corporation (US)
- (Sweden)
- Gendron Inc. (US)
- GF Health Products, Inc. (US)
- HARD Manufacturing Company, Inc. (US)
- Umano Medical inc. (Canada)
- Transfer Master Products, Inc. (US)
Key Market Analysis and Insights:
Medical beds are an important part of the healthcare system and a high-value commodity in the patient-care setting. One of the biggest growing drivers for hospital beds is the ageing population. Demand for beds is predicted to increase as a result of changing demographics and disease trends, as well as the resulting pressure on healthcare services.
ICU beds of product is a largest segment in medical beds market due to the technological advancements have resulted in specialised ICU beds with cutting-edge features. Continuous lateral rotation therapy, patient repositioning support, weight-based pressure redistribution in any bed position, and electrical bed retraction and extension are just a few of the features that help caregivers treat patients more effectively. Data Bridge Market Research analyses that the medical bed market was valued at USD 3.28 billion in 2021 and is further estimated to reach USD 5.27 billion by 2029, and is expected to grow at a CAGR of 6.1% during the forecast period of 2022 to 2029.
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Global Medical Bed Market Scope and Market Size
The medical bed market is segmented on the basis of product, application, type and end user. The growth amongst these segments will help you analyze meager growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Product
- Acute Care Beds
- MedSurg Beds
- ICU Beds
- Pediatric Beds
- Birthing Beds
- Long-term Care Beds
- Psychiatric Care Beds
- Bariatric Care Beds
- Others
Application
- Intensive Care
- Non Intensive
Type
- Electric Beds
- Semi Electric Bed
- Manual Bed
End User
- Hospital
- Home Care
- Elderly Care
Medical Bed Market, By Region:
Global Medical Bed market is analyzed and market size insights and trends are provided by country, product as referenced above.
The countries covered in the Medical Bed market report are the U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
North America dominates the Medical Bed market because of the rise in the cases of arrhythmic diseases, favorable reimbursement policies for patients, high demand for advanced treatment methods and developed healthcare infrastructure in the region. Asia-Pacific is estimated to grow in the forecast period due to the high prevalence of cardiovascular diseases, increase in adoption of advanced digital devices, large population and launch of new innovative products.
Advantages of this Market Report:
- Investigation of the changing serious elements of the business and grasping the engaging quality remainder of different items/arrangements/advances in the Medical Bed Market.
- Advanced outlook toward factors driving and controlling the development of the market
- Comprehensive analysis of the key product segments and their growth estimation for easy understanding
- Provides a competitive edge to the companies operating in the market
- Strategic recommendations to the established companies as well as new entrants in the industry
- In-depth analysis of market segments and complete insights of the market to assist in formulating investment strategies
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Medical Bed Market Dynamics
Drivers
Major factors that are expected to boost the growth of the medical bed market in the forecast period are as follows:
- Rise in the investments in healthcare infrastructural development
In most developed and developing countries, healthcare infrastructure development is a major concern. Increased healthcare infrastructure investments are also beneficial to the medical beds market. Increased investments result in higher medical bed costs, which is a major driver driving market expansion.
- Technological developments in ICU beds
ICU beds will make up a larger percentage of medical beds. The ability to convert ward beds to ICU beds will be available. ICUs would no longer be isolated from the rest of the hospital.
- Growing of elderly population
The need for appropriate patient care in hospitals and other healthcare settings is expanding as the older population suffers from chronic diseases.
Key Questions Addressed in the Report:
- Who are the leading players dominating the Global Medical Bed Market?
- Which factors could potentially hamper the global market growth during the forecast period?
- Which regional market offers the most attractive growth opportunities to the companies operating in this market?
- How is the raw material availability affecting the demand for Medical Bed in this industry vertical?
Table of Contents: Global Medical Bed Market
1 Introduction
2 Market Segmentation
3 Executive Summary
4 Premium Insight
5 Market Overview
6 Covid-19 Impact on Medical Bed in Healthcare Industry
7 Global Medical Bed Market, by Product Type
8 Global Medical Bed Market, by Modality
9 Global Medical Bed Market, by Type
10 Global Medical Bed Market, by Mode
11 Global Medical Bed Market, by End User
12 Global Medical Bed Market, by Geography
13 Global Medical Bed Market, Company Landscape
14 Swot Analysis
15 Company Profiles
16 Questionnaire
17 Related Reports
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About Data Bridge Market Research:
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