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U.S. Hospital Beds Market Opportunity Analysis, and Industry Forecast till 2025

08-27-2018 03:40 PM CET | Health & Medicine

Press release from: Coherent Market Insights

U.S. Hospital Beds Market Opportunity Analysis, and Industry

Hospitals beds are used for proper patient care in various settings, such as elderly care facilities, home care settings, ambulatory surgical centers, and hospitals. Hospital beds are comfortable than household beds as they are versatile in terms of inclination and reclined as per the patient condition. Household beds are difficult to clean and maintain hygiene for longer period of time. Moreover, hospital beds can be easily cleaned and are simple to maintain hygiene. Advancement in hospital beds leads to the development of electric bed and semi-electric bed, which is cutting the edge of need of medical assistance and nurses for patient monitoring. These are known as electrical/powered hospital beds. They are suitable for the patient’s requirement of a particular resting position.

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Hospital beds are comprised for many applications, such as psychiatry beds, pediatric beds, outpatient beds, maternity beds, bariatric beds, terminal patient beds, ambulatory, and intensive care unit beds. Furthermore, maternity beds are specially designed for obstetricians and expectant mothers for their comfort. Electric and semi-electric hospital beds are well equipped with foot rest, locomotion system, and wheel assisted mobility system. Besides, manual beds are helpful in setting where the electric embedded system is not consistent. However, electronic beds are expensive than manual beds, needs constant maintenance.

The U.S. hospital beds market is estimated to be valued at US$ 903.3 Mn in 2017 and is expected to witness a CAGR of 5.9% during the forecast period (2017 – 2025).

According to the World health organization (WHO), 2017, road traffic injuries are the leading cause of death among people aged between 15 and 29 years. The rise in the number of road accidents, sports injuries, and associated chronic infections mostly needs a surgery, which demands longer hospital stays, in turn raising the demand for the hospitals beds, which is expected to propel the immense growth of the U.S. hospital beds market over the forecast period. Moreover, according to the Centers for Disease Control and Prevention (CDC), in 2013, approximately 2.8 million traumatic brain injury-related emergency department (ED) hospitalizations, visits, and deaths were estimated in the U.S. Out of which, traumatic brain injury estimated around 282,000 hospitalizations and approximately 2.5 million reported emergency department (ED) visits in the U.S. The data represent high prevalence of traumatic brain disorders, which requires constant care and longer hospital stays demands hospital beds, which is expected to fuel the growth of the U.S. hospital beds market over the forecast period.

Initiatives taken by the U.S government and healthcare organizations for proper disease management requiring long stay in hospital is expected to witness the growth of the U.S hospital beds market

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In October 2017, U.S. navy’s hospital ship named USNS Comfort, designed a bed to treat people in disaster strike. The USNS comfort ship has 1,000 patient beds, which includes 80 intensive care bed and 12 operating rooms for both civilian and military. Furthermore, to improve healthcare facilities for the maximum patient outcome, Highmark has announced to build 160-bed hospital in Pine Township. Highmark is intended to provide affordable healthcare service in the U.S. Highmark is expected to get regulatory approval in mid-2018 and project completion in 2021. Thus, this portfolio aims to improve healthcare service for better treatment management, which is expected to boost the growth of U.S. hospital beds market growth over the forecast period.

Coherent Market Insights is a prominent market research and consulting firm offering action-ready syndicated research reports, custom market analysis, consulting services, and competitive analysis through various recommendations related to emerging market trends, technologies, and potential absolute dollar opportunity.

Mr. Shah
Coherent Market Insights
1001 4th Ave, #3200
Seattle, WA 98154
Tel: +1-206-701-6702
Email: sales@coherentmarketinsights.com

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