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Therapeutic Bed Market By Type and Product encounter favorable growth By 2023 | GF Health Products, Hill Rom, Inc., Bakare Beds Limited, Hard Manufacturing Co., ArjoHuntleigh
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Market Outlook and Trend Analysis
The Therapeutic Bed Market was worth USD 2.44 billion in 2014 and is expected to reach approximately USD 3.92 billion by 2023, while registering itself at a compound annual growth rate (CAGR) of 5.42% during the forecast period. The increasing prevalence of conditions, for example, disease, heart issue, neurological turmoil, and gynaecological issue, is on an ascent. The treatment of these scatters incorporates hospitalization and long haul mind at specific circumstances, encouraging the interest for Durable Medical Equipment (DME), including therapeutic beds. The presentation of innovative progressions on the ground of conveyability, quiet solace, utilities, and cost-viability is anticipated to fuel market development. Mechanical developments, for example, movable side railings, fibre-made body, programmed tallness movability; multi-storeroom, and delicacy are some eminent innovative headway.
Competitive Outlook
The leading players in the market are GF Health Products, Hill Rom, Inc., Bakare Beds Limited, Hard Manufacturing Co., ArjoHuntleigh and others. The major players in the market are profiled in detail in view of qualities, for example, company portfolio, business strategies, financial overview, recent developments, and share of the overall industry.
Regional Outlook and Trend Analysis
Europe overwhelmed the business regarding income share in 2015 at more than 32.0%. This can be credited to broad open subsidizing in the human services framework, which brought wellbeing settings, for example, doctor's facility and essential care focuses. In addition, the developing predominance of different incessant maladies in this district, advanced social insurance offices, and positive repayment strategies have prompted an expanded doctor's facility affirmation rate, which thus is required to support the utilization rates in this area.
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Market Segmentation-
By Product:
Clinical Beds
Household Beds
Accessories
By Type:
Acute Care
Critical Care
Long-term
By Region-
Middle East And Africa (Saudi Arabia, UAE, Egypt, Nigeria And South Africa)
North America (U.S, Canada, Mexico)
Europe (Germany, France, UK, Italy, Spain, Rest Of Europe)
Asia-Pacific (Japan, China, Australia, India, South Korea, Rest Of Asia-Pacific)
Rest Of The World (Brazil, South Africa, Saudi Arabia, Turkey, United Arab Emirates, Others)
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Major Table of Contents:
Chapter 1. Introduction
1.1. Report Description
1.2. Research Methodology
1.2.1. Secondary Research
1.2.2. Primary Research
Chapter 2. Executive Summary
2.1. Key Highlights
Chapter 3. Market Overview
3.1. Introduction
3.1.1. Market Definition
3.1.2. Market Segmentation
3.2. Market Dynamics
3.2.1. Drivers
3.2.2. Restraints
3.2.3. Opportunities
4. Market Analysis by Regions
4.1. North America (United States, Canada and Mexico)
4.2. Europe (Germany, France, UK, Russia, Italy and Rest of Europe)
4.3. Asia-Pacific (China, Japan, Korea, India, Southeast Asia and Rest of Asia-Pacific)
4.4. South America (Brazil, Argentina, Columbia and Rest of South America)
4.5. Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, South Africa and Rest of MEA
5. Therapeutic Bed Market, By Type
5.1. Introduction
5.2. Global Therapeutic Bed Sales, Revenue and Market Share by Type (2014-2018)
5.2.1. Global Therapeutic Bed Sales and Sales Share by Type (2014-2018)
5.2.2. Global Therapeutic Bed Revenue and Revenue Share by Type (2014-2018)
5.3. Acute Care
5.3.1. Global Acute Care Sales and Growth Rate (2014-2018)
5.4. Critical Care
5.4.1. Global Critical Care Sales and Growth Rate (2014-2018)
5.5. Long-term
5.5.1. Global Long-term Sales and Growth Rate (2014-2018)
6. Therapeutic Bed Market, By Product
6.1. Introduction
6.2. Global Therapeutic Bed Sales, Revenue and Market Share by Product (2014-2018)
6.2.1. Global Therapeutic Bed Sales and Sales Share by Product (2014-2018)
6.2.2. Global Therapeutic Bed Revenue and Revenue Share by Product (2014-2018)
6.3. Clinical Beds
6.3.1. Global Clinical Beds Sales and Growth Rate (2014-2018)
6.4. Household Beds
6.4.1. Global Household Beds Sales and Growth Rate (2014-2018)
6.5. Accessories
6.5.1. Global Accessories Sales and Growth Rate (2014-2018)
7. Therapeutic Bed Market, By Region
……CONTINUED FOR TOC
Drivers & Restrains
Developing inclination for home care and helped living has additionally taken into consideration development sought after for remedial beds. Presentation of creative highlights, for example, lightweight, computerization, customizable tallness and side railing, and others have additionally added to the interest for therapeutic beds through updating the current items. A portion of the limiting elements of this market is high evaluating of new items.
This market is profoundly focused, with a few neighbourhood players fabricating pattern items. Doctor's facilities are as yet the real market portion for helpful beds. However, developing awareness among persistent populace especially the geriatric and debilitated gathering will fill in as potential open doors in this market.
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