Global — hospital beds market has shown steady growth pattern in recent year’s majorly due to growing elderly population coupled with growing prevalence of chronic diseases, growing number of hospitals, and launch of technologically advanced beds. In addition, introduction of smart beds and robotic beds, growing demand for beds in home care settings, significant opportunities from emerging economies, and growing medical tourism are likely to offer high growth opportunities in this market.
Meticulous Research® – leading global market research company published a research report titled , global medical beds market will increase at a CAGR of 4.8% from 2018 to 2023 to reach USD 3,137 million by 2023.
The health status of a country has a significant impact not only on the people and quality of life but also on the economic status of the nation. With the rising burden of various diseases, many countries are focusing on increasing the number of healthcare facilities to enhance quality of healthcare and reduce the treatment burden.
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In the developing countries like India, there is only one government doctor for every 10,189 people, one hospital bed for every 2,046 people, and one government-run hospital for every 90,343 people - indicating shortage of healthcare facilities. Therefore, the government of India is taking various initiatives to improve this scenario. For instance, in Union Budget 2017-2018, the government decided to setup 2 new AIIMS hospitals in Jharkhand and Gujarat. Further, in April 2014, the country developed AYUSH infrastructure comprised of over 8 lacs registered practitioners, 25,492 dispensaries, and 3,601 hospitals. Further, Chinese government is taking initiatives to shift the burden of care from public hospitals to private hospitals and owing to this, the number of private hospitals in China doubled to a total of 16,900 hospitals in just six years, from 2011-2017.
Similarly, in 2015, the Algerian government allocated USD 5.38 billion for the healthcare sector to build 10 hospitals and renovate existing ones; thereby spurring the demand for medical/hospital beds.
The report provides meticulous analysis of global medical 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), and geography.
The key players analyzed in the global 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 :
1.1. 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
188.8.131.52. Increasing Elderly Population Coupled with Growing Prevalence of Chronic
184.108.40.206. Growing Number of Hospitals
220.127.116.11. Launch of Technologically Advanced Beds
18.104.22.168. Growing Preference for Minimally Invasive Surgeries
22.214.171.124. Declining Number of Beds in Public Hospitals
126.96.36.199. “Smart Beds” and “Robotic Beds” to offer New Growth Avenues
188.8.131.52. Growing Demand for Beds in Homecare Settings
184.108.40.206. Significant Opportunities from Developing Economies
220.127.116.11. Growing Medical Tourism
18.104.22.168. Transition from Acute Care to Long-Term Care
4.3. Market Share Analysis, by Key Players
5. Hospital/Medical Beds Market, by Product
5.2. Hospital/Medical Beds
6. Hospital/Medical Beds Market, by Area of Use
6.2. Critical Care
6.3. Long-Term Care
6.4. Bariatric Care
6.7. Pediatric Care
6.8. Maternal Care
7. Hospital/Medical Beds Market, by Type of Care
7.2. Curative Care
7.3. Long-Term Care
7.4. Rehabilitative Care
8. Hospital/Medical Beds Market, by Technology
8.3.1. Electric Beds
8.3.2. Semi-Electric Beds
9. Hospital/Medical Beds Market, by End User
9.3. Elderly Care Settings
9.4. Homecare Settings
10. Hospital Beds Market, by Geography
10.1. North America
10.2.7. Rest of Europe
10.3.4. Rest of Asia-Pacific
10.4. Latin America
10.4.7. Rest of Latin America
10.5. Middle East & Africa
11. Competitive Landscape
11.3. Mergers & Acquisitions
11.4. New Product Launches
11.5. Agreements, Collaborations, and Partnerships
12. Company Profiles (Business Overview, Financial Overview, Product Portfolio, Strategic Developments )
12.1. Stryker Corporation
12.2. Hill-Rom Holdings, Inc.
12.3. Getinge AB
12.4. Invacare Corporation
12.5. Paramount Bed Holdings Co., Ltd.
12.6. Medline Industries, Inc.
12.7. Joh. Stiegelmeyer Gmbh & Co. KG
12.8. Gendron Inc.
12.9. LINET Group SE
12.10. Joerns Healthcare LLC.
12.11. Span-America Medical Systems, Inc. (A Subsidiary of Savaria Corporation)
12.12. Savion Industries
12.13. Malvestio Spa (A Subsidiary of Malvestio Group)
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