-- European hospital beds market has shown strong growth pattern in recent year’s majorly due increasing elderly population coupled with growing prevalence of chronic diseases, and launch of technologically advanced beds. In addition, smart beds and robotic beds, and growing demand for beds in home care settings are likely to offer high growth opportunities for all the stakeholders in this market.
Meticulous Research® in its latest publication on European Hospital Beds Market states that the European hospital beds market will increase at a CAGR of 3.9% from 2018 to 2024 to reach USD 1,102.0 million by 2024. Wherein, geographically, Russia commanded the largest share in this market followed by U.K. & Germany. The major share of the Russia is mainly attributed to presence of large number of hospitals, growing aging population, and greater access to healthcare.
#Market Dynamics
*Drivers
Increasing Elderly Population Coupled with Growing Prevalence of Chronic Diseases
Launch of Technologically Advanced Beds
*Restraints
Growing Preference for Minimally Invasive Surgeries
Declining Number of Beds
*Opportunities
“Smart Beds” and “Robotic Beds” to offer New Growth Avenues
Growing Demand for Beds for Long-Term Care
*Trends
Transition from Acute Care to Long-Term Care
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The report provides meticulous analysis of European hospital beds market by segmenting it on the basis of product (beds, accessories), area of use (critical care, long-term care, bariatric care, med surg, pediatric, maternal, home care), technology (powered, manual), type of care (curative care, long-term care, rehabilitative care), end user (hospital, home care settings, elderly care settings, and others). Wherein, among type of care, curative care segment commanded the largest share in the European medical/hospital beds market in 2017. The large share of this segment is mainly attributed to a greater adoption of medical beds for curative treatment of acute and chronic illnesses in hospitals.
The key players analyzed in the European hospital beds market are Hill-Rom Holding, Inc. (U.S.), Stryker Corporation (U.S.), and Getinge AB (Sweden), Invacare Corporation (U.S.), Paramount Bed Holdings Co., Ltd. (Japan), Medline Industries, Inc. (U.S.), Joh. Stiegelmeyer GmBH & Co. KG (Germany), Gendron, Inc. (U.S.), 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. Introduction
2. Research Methodology
3. Executive Summary
4. Market Share Analysis
5. Market Insights
6. European Hospital Beds Market, By Product
7. European Hospital Beds Market, By Type of Care
8. European Hospital Beds Market, By Area of Use
9. European Hospital Beds Market, By Technology
10. European Hospital Beds Market, By End User
11. Geographic Analysis
12. Competitive Landscape
13. Company Profiles
14. Appendix.
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