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Medical Bed Market Analysis 2018-2025 Forecasting Top Industry Players Like Stryker, Hill-Rom Holding, Invacare, Getinge Group, Amico, Antano and More

07-26-2018 03:45 PM CET | Industry, Real Estate & Construction

Press release from: Data Bridge Market Research

Medical Bed

Medical Bed

The medical bed market report contains data for historic year 2015, the base year of calculation is 2016 and the medical bed forecast period is 2017 to 2024. Medical bed market focused around deep industry insight and study on service marketing, research reports, business opportunities, outlook, overview, what is medical bed market research, marketing strategy, market intelligence, market research analyst, survey research, sample survey, marketing communication, marketing concept and other partnerships. the medical bed market report includes medical bed market shares for global, europe, north america, asia pacific, and south america.

The global medical bed market accounted to USD 2.53 billion in 2016 growing at a CAGR of 5.4% during the forecast period of 2017 to 2024. The global medical bed market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market.

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Major Market Competitors : Global Medical Bed Market

Some of the major players operating in global medical bed market are Stryker, Invacare Corporation, Hill-Rom Holding, Inc., Amico Corporation, Getinge Group, Antano Group, Medical Depot, Inc., Merivaara Corp., Stiegelmeyer GmbH & Co. KG, GF Health Products, Inc., and LINET among others.

Major Market Drivers and Restraints :

• Technological advancement related to ICU beds
• Increasing investments in infrastructural development
• Rise in chronic diseases
• Declining number of beds in public hospitals

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Market Segmentation : Global Medical Bed Market

• On the basis of usage, global medical bed market is segmented into acute care, long term care, psychiatric care, and maternity.

• On the basis of application, global medical bed market is segmented into intensive care and non-intensive. Intensive care segment is driving the market growth due to the increasing demand for critical care beds owing to the rise in geriatric population. Intensive care segment is expected to account the largest market share due to the rising geriatric population and related diseases such cardiovascular diseases, neurological disease, and bone and joint problems, the volume of patients being treated in critical care units is increasing, which in turn is driving the demand for medical beds required in intensive care units.

• On the basis of type, global medical bed market is segmented into electric beds, semi electric bed, and manual bed. Electric beds accounted the largest market share in 2016 due to increasing number of patients requiring bariatric care and rise in geriatric population.

• On the basis of end user, global medical bed market is segmented into hospital, home care, and elderly care.

• On the basis of geography, global medical bed market report covers data points for 28 countries across multiple geographies such as North America & South America, Europe, Asia-Pacific, and Middle East & Africa. Some of the major countries covered in this report are U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa, and Brazil among others. In 2017, North America is expected to dominate the market.

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