Press release
5.97% of CAGR Automated Hospital Beds Market by 2023 with Topmost Vendors - Gendron Inc, Hill-Rom, Medline Industries Inc, Stryker
The Global Automated Hospital Beds Market is expected to grow at a CAGR of 5.97% during the forecast period 2018-2023.Automated hospital beds are specially designed for hospitalized patients who are in need of some form of health care services. These hospitals beds can provide comfort and well-being of the patient and convenience to the health care workers. Most common features of the automated hospital beds are automatic height adjustment of the entire bed including the head and the feet, adjustable side rails, and electronic buttons to operate both the bed and other nearby electronic devices.
Growing demand for automated hospital beds, increasing geriatric population, increasing inflow of patient population, and increasing technological advancements in the healthcare drive the growth of the market.
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Key Players:
Some of the key players in this market:
ArjoHuntleigh,
Gendron Inc.,
Hill-Rom,
Invacare Corporation,
Linet spol. s r.o.,
Medline Industries Inc.,
Paramount Bed Holdings Co. Ltd.
Stryker
Regional Analysis:
The global automated hospital beds market consists of four regions: Europe, the Americas, Asia Pacific, and the Middle East & Africa.
The Europe dominates the global market owing to the presence of huge patient population, increasing technological development, and huge healthcare expenditure. Additionally, continuous technological development and the growing presence of the global market leaders contribute to the market growth.
The Americas accounts for the second largest market due to strong economic conditions and rising investment in research and development. Moreover, increasing investments in reputed research centers and government institutions is expected to fuel the growth of this market. Additionally, significant investments by hospitals to upgrade their equipment including beds is likely to increase the growth of the market. According to WHO, the North American population is projected to grow by 42% from 2000 to 2050, which is likely to increase the demand for the healthcare product.
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Brief TOC
1 Report Prologue
2 Introduction
2.1 Scope of Study
2.2 Research Objective
2.3 Assumptions & Limitations
2.3.1 Assumptions
2.3.2 Limitations
2.4 Market Structure
3 Research Methodology
3.1 Research Process
3.2 Market Size Estimation
3.2.1 Market Share Analysis
3.3 Market Pricing Approach
4 Market Dynamics
4.1 Introduction
4.2 Drivers
4.3 Restraints
4.4 Opportunities
4.5 Macroeconomic Indicators
5 Market Factor Analysis
…TOC Continued
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