Global Medical Bed Market Trends, Analysis, Growth, and Forecast: 2018 to 2027

Global Medical Bed Market Overview:- 

The global medical bed market is estimated to register a CAGR of X.X% in terms of value during forecast period 2018–2027.

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The report offers in-depth insights, revenue details, and other vital information regarding the global medical bed market, and the various trends, drivers, restraints, opportunities, and threats in the target market till 2027. The report offers insightful and detailed information regarding the various key players operating in the global medical bed market, their financials, supply chain trends, key developments, apart from future strategies, acquisitions & mergers, and market footprint. The global medical bed market report has been segmented on the basis of usage, application, power, end user, and region.

Hospital beds are designed for patients that allow good infection control and offer hygiene and cleanliness as it is not properly maintained by household beds. Hospital beds have an adjustable height and provide various benefits as it delivers ease and comfort to the patient while getting treatment.

Hospital beds can be custom made for various patients based on the treatment. Along with patients, hospitals bed can provide convenience to caretakers as they can maintain cleanliness and hygiene properly. Number of hospital beds is used to measure the capacity and amount of space of hospital facilities.

The increasing prevalence of the elderly population suffering from acute and chronic diseases is expected to drive the growth of the medical bed market over the forecast period. Moreover, a rising collaboration between private organizations and the government for infrastructure development is anticipated to further drive the growth of the global medical bed market over the forecast period.

Market players are developing advanced technology in hospital beds to provide safety and comfort to patients which in turn is expected to boost the growth of the medical bed market. Increasing healthcare spending and demand for better healthcare facilities are expected to drive the sales of hospital beds globally.

High cost incurred during manufacturing of hospital beds is a major factor restraining growth of the global medical bed market

North America market dominates the global medical bed market in terms of revenue contribution as compared to that of markets in other regions. This is attributed to well-developed healthcare infrastructure and growing number of geriatric population in the region. Europe accounts for the second-largest revenue share contribution to the global medical bed market, followed by markets in Latin America, Asia Pacific, and the Middle East & Africa respectively. The market in the Asia Pacific is projected to register comparatively faster growth in terms of revenue over the next 10 years, owing to increasing investment by key market players in emerging markets and the growing prevalence of chronic disease.

Global Medical Bed Market Segmentation:

Global medical bed market segmentation, by usage:

• Acute Care
• Long Term Care
• Psychiatric Care
• Maternity

Global medical bed market segmentation, by application:

• Intensive Care
• Non Intensive Stage

Global medical bed market segmentation, by power:

• Electric Beds
• Semi Electric Bed
• Manual Bed

Global medical bed market segmentation, by end-user:

• Hospital
• Home care settings
• Elderly care facilities

Global medical bed market segmentation, by region:

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa