— Asia hospital beds market has shown strong growth pattern in recent year’s majorly due to increasing elderly population coupled with growing prevalence of chronic diseases, growing number of hospitals, and increasing medical tourism. However, factors such as growing preference for minimally invasive surgeries and decreasing number of beds in public hospitals are expected to hinder the growth of this market to some extent.
Meticulous Research® in its latest publication on Asia hospital beds market states that the Asia hospital beds market will increase at a CAGR of 5.8% from 2018 to 2025 to reach USD 682.2 million by 2025. Wherein, geographically, India commanded the largest share in this market followed by China. The major share of India is mainly attributed to rising prevalence of various chronic diseases; increase in the prevalence of cancers of digestive, urinary, respiratory, and reproductive systems; growth in per capita healthcare expenditure, increasing investments in the Indian healthcare industry, and expansion of private healthcare institutions in rural areas.
The report provides meticulous analysis of Asia hospital beds market by segmenting it on the basis of product (medical/hospital beds, accessories), area of use (critical care, long-term care, bariatric care, med-surg, pediatric care, maternal care, and home care), type of care (curative care, long-term care, and rehabilitative care), technology (powered beds and manual beds), end user (hospitals, elderly care settings, home care settings, and others). Wherein, among area of use, critical care segment commanded the largest share in this market majorly due to increasing number of accidents, growing incidence of infectious diseases, and rising prevalence of chronic diseases and fatal injuries.
The key players analyzed in the Asia hospital beds market are Stryker Corporation (U.S.), Hill-Rom Holdings, Inc. (U.S.), Getinge AB (Sweden), Invacare Corporation (U.S.), Paramount Bed Holdings Co., Ltd. (Japan), Medline Industries, Inc. (U.S.), Joh. Stiegelmeyer GmBH & Co. KG (Germany), LINET Group SE (Czech Republic), Joerns Healthcare LLC. (U.S.), Span-America Medical Systems, Inc. (U.S.), Savion Industries (Israel), and Malvestio Spa (Italy).
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Key Topics Covered in This Report :
1.1. Market Ecosystem
1.2. Currency and Limitations
1.3. Key Stakeholders
2 Research Methodology
2.1. Research Process
2.1.1. Secondary Research
2.1.2. Primary Research
2.1.3. Market Size Estimation
3 Executive Summary
4 Market Insights
4.2. Market Dynamics
18.104.22.168. Increasing Elderly Population Coupled With Growing Prevalence of Chronic Diseases
22.214.171.124. Rising Number of Hospitals
126.96.36.199. Growing Medical tourism
188.8.131.52. Growing Preference for Minimally Invasive Surgeries
184.108.40.206. Declining Number of Beds in Public Hospitals
220.127.116.11. “Smart Beds” and “Robotic Beds” to offer New Growth Avenues
18.104.22.168. Growing Demand for Beds in Home Care Settings
22.214.171.124. Significant Opportunities from Developing Economies
126.96.36.199. Transition from Acute Care to Long-Term Care
4.3. Market Share Analysis, by Key Players
5 Medical/Hospital Beds Market, by Product
5.2. Medical/Hospital Beds
6 Medical/Hospital Beds Market, by Area of Use
6.2. Critical Care
6.3. Long-Term Care
6.4. Bariatric Care
6.6. Pediatric Care
6.7. Maternal Care
6.8. Home Care
7 Medical/Hospital Beds Market, by Type of Care
7.2. Curative Care
7.3. Long-Term Care
7.4. Rehabilitative Care
8 Medical/Hospital Beds Market, by Technology
8.2. Powered Beds
8.2.1. Electric Beds
8.2.2. Semi-Electric Beds
8.3. Manual Beds
9 Medical/Hospital Beds Market, by End User
9.3. Elderly Care Settings
9.4. Home Care Settings
10 Geographic Analysis
10.6. Rest of Asia
11 Company Profiles (Business Overview, Financial Overview, Product Portfolio, Strategic Developments)
11.1. Stryker Corporation
11.2. Hill-Rom Holdings, Inc.
11.3. Getinge AB
11.4. Invacare Corporation
11.5. Paramount Bed Holdings Co., Ltd.
11.6. Medline Industries, Inc.
11.7. Joh. Stiegelmeyer Gmbh & Co. Kg
11.8. Linet Group Se
11.9. Joerns Healthcare Llc.
11.10. Span-America Medical Systems, Inc. (A Subsidiary of Savaria Corporation)
11.11. Savion Industries
11.12. Malvestio Spa (A Subsidiary of Malvestio Group)
12 Competitive Landscape
12.2. New Product Launches
12.3. Acquisition and Mergers
12.4. Agreement, Collaboration, and Divestiture
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