Hospital Bed Market, Size, Share, Growth, Analysis, Demand, Trends, Application and Forecast 2024


Posted February 14, 2019 by vynzresearch

The global hospital bed market is expected to grow at a CAGR of 4.9% during the forecast period with its market size predicted to reach USD 3.7 billion by 2024.

 
The global hospital bed market is expected to grow at a CAGR of 4.9% during the forecast period with its market size predicted to reach USD 3.7 billion by 2024. Increasing prevalence of chronic diseases, technological advancement in hospital beds, rise in cases of lifestyle diseases, growing geriatric population, the increasing capacity of beds in private hospitals are the major factors leading to the high demand of hospital beds in the global market.

Request for Free Sample Copy of this Research Report at: https://www.vynzresearch.com/healthcare/hospital-bed-market/request-sample

The increasing demand for hospital beds in elderly care facilities and homecare settings is the latest trend observed in the market, while the rate of reduction or saturation in the demand for a hospital bed in the public hospitals of developed economies is constraining the growth of the industry, globally.

The electric hospital bed, by type, is estimated to contribute to the largest share to the global market. The high demand for electric beds is primarily due to the increasing geriatric population, increase number of patients requiring bariatric care, and patients suffering from multiple diagnoses. The other types of hospital beds include semi-electric and manual beds.

Based on the area of use, the hospital bed market is segmented into acute care, psychiatric and bariatric care, long-term care, and others. The demand for hospital beds in long-term care is high and is expected to witness the fastest CAGR during the forecast period.

The hospitals held the largest share for hospital bed market by end user, in 2017. The factors leading to the large share of hospitals are the increasing number of private hospitals with a large capacity for hospital beds.

Asia-Pacific hospital bed industry is expected to witness the fastest growth during the forecast period. The growth is driven by the rising number of geriatric population, increasing obesity as a result of lifestyle diseases, and the rise in healthcare expenditure in the regional market.

Scale up your business with the latest and crucial industry insights; visit at: https://www.vynzresearch.com/healthcare/hospital-bed-market

The key players of the hospital bed industry include Stiegelmeyer GmbH & Co. Kg, Stryker Corporation, Medline Industries, Inc., Invacare Corporation, Paramount Bed Holdings Co., Ltd., Hill-Rom Holdings, Inc., Merivaara Corp., Getinge AB, Midmark Corporation, Linet Spol. S.R.O and Antano Group S.R.L.

The hospital bed players are investing to launch technologically advanced hospital beds, for instance in January 2017, Genting Group announced the expansion of its product portfolio of patient mobility product in the U.S.by the launch of Total Lift Bed from VitalGo Systems. The group’s ArjoHuntleigh brand is the exclusive U.S. distributor of the Total Lift Bed in the acute and long-term acute care settings.

About VynZ Research

VynZ Research is the leading research and advisory company. We’ve grown well beyond our leading technology research to provide management across the enterprise with the vital information, advice and tools they need to achieve their goal/mission-critical priorities and build the organizations of future.

Together with our customers, we fuel the future of business so that a more successful world takes shape.

Contact

Kundan Kumar
Manager: Client Care
VynZ Research
Direct: +919960288381
Toll-Free:1-888-253-3960
Website: https://www.vynzresearch.com
Email: [email protected]
Connect With us: LinkedIn | Twitter | Google | Facebook
-- END ---
Share Facebook Twitter
Print Friendly and PDF DisclaimerReport Abuse
Contact Email [email protected]
Issued By VynZ Research
Phone 9960288381
Business Address Kolkata, India
Country India
Categories Industry , Medical , Research
Tags hospital bed , hospital bed industry , hospital bed market , hospital bed market demand , hospital bed market forecast , hospital bed market growth , hospital bed market share , hospital bed market size
Last Updated February 14, 2019