Overview of Medical Bed Market: Industry Estimated to Exceed US$ 3,000 Mn by 2022-end

Recently, a novel report developed using proven research methodologies at the headquarters of Fact. MR has identified various prominent factors and trends prompting market growth of medical bed market. The study is titled as “Medical Bed Market Forecast, Trend Analysis & Competition Tracking – Global Review 2017 to 2022”, which deeply analyses the global market trends, with historical data from 2016 and 2017, and projections of compound annual growth rates (CAGRs) during the mentioned forecast of 2017-2022. For the benefit of the readers, the report concludes with a special focus on the detailed profiles of the major vendors in the global medical bed market.

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Fact.MR has offered a comprehensive research report on the global medical bed market for the forecast period 2017 to 2022. The global medical bed market is projected to register a moderate expansion, to surpass US$ 3,000 Mn by 2022-end.

3 Key Takeaways from Fact.MR’s report on Medical Bed Market

1. Based on usage, acute care will account for the largest share of the global medical bed market in 2017, and is further projected to gain an uptick in its market share by 2022-end. Long-term care is also expected to witness a significant usage of medical beds in the near future, with shifting preference of patients towards home-based healthcare services. Sales of medical beds in psychiatric and bariatric care will reflect a sluggish expansion through 2022.

2. Non-intensive care applications of medical beds will account for nearly four-fifth share of the market over 2017 to 2022. Intensive care is likely to gain traction among medical bed applications in the near future, with increasing number of medical emergencies and surgeries fuelling the requirement for post-operative care.

3. Increasing incidences of chronic diseases, and neurological diseases owing to rising geriatric population has surged the prevalence of hospitalization across the globe. This has significantly fuelled demand for medical beds in hospitals. Hospitals are anticipated to remain the most lucrative end-users of medical beds, with sales forecast to account for approximately US$ 2,300 Mn revenues by 2022-end. Ambulatory surgical centers will remain relatively less lucrative end-users of medical beds than hospitals during 2017 to 2022.

4. Based on product type, electric beds will remain preferred among patients in the global medical bed market, however sales of electric beds will register the lowest CAGR through 2022. Semi-electric beds are expected to witness a steady expansion and will account for nearly US$ 1,000 Mn revenues by 2022-end.

Hospitals will Remain Largest End-users of Medical Bed

Hospitals are expected to remain the largest end-users of medical beds, with revenues projected to account for roughly three-fourth share of the market during 2017 to 2022. On the basis of application, attractiveness of non-intensive care is expected to remain unmatched over the forecast period.

Medical beds will find the highest usage in acute care, with sales estimated to reach nearly US$ 2,000 Mn by 2022-end. Medical beds will find the lowest usage in psychiatric and bariatric care during 2017 to 2022.

Europe will Dominate Global Medical Bed Market

The global medical bed market will continue to be dominated by Europe, in terms of revenues. The medical bed markets in Europe and Middle East & Africa (MEA) are poised to register similar CAGRs through 2022. North America will also remain lucrative in the global medical bed market, and is projected to register a relatively faster expansion through 2022.

Although electric beds will continue to be sought-after among products in the market, sales of semi-electric beds will exhibit the highest CAGR through 2022. Manual beds are anticipated to be comparatively less lucrative than electric beds and semi-electric beds over the forecast period.

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Table of Content:

1. Global Medical Bed Market – Executive Summary

2. Global Medical Bed Market Overview
2.1. Introduction
2.1.1. Global Medical Bed Market Taxonomy
2.1.2. Global Medical Bed Market Definition
2.2. Global Medical Bed Market Size (US$ Mn) and Forecast, 2012-2022
2.2.1. Global Medical Bed Market Y-o-Y Growth
2.3. Global Medical Bed Market Dynamics
2.4. Supply Chain
2.5. Cost Structure
2.6. Regulations
2.7. Raw Material Sourcing & Strategy
2.8. Pricing Analysis
2.9. Key Participants Market Presence (Intensity Map) By Region

3. Global Medical Bed Market Analysis and Forecast By Product Type
3.1. Global Medical Bed Market Size and Forecast By Product Type, 2012-2022
3.1.1. Electric Beds Market Size and Forecast, 2012-2022
3.1.1.1. Revenue (US$ Mn) Comparison, By Region
3.1.1.2. Market Share Comparison, By Region
3.1.1.3. Y-o-Y growth Comparison, By Region
3.1.2. Semi-Electric Beds Market Size and Forecast, 2012-2022
3.1.2.1. Revenue (US$ Mn) Comparison, By Region
3.1.2.2. Market Share Comparison, By Region
3.1.2.3. Y-o-Y growth Comparison, By Region

Continued………

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