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Hospital Bed Market Research Report by Leading Key Players Invacare Corporation, Paramount Bed Holdings, Gendron, Medline Industries, LINET spol. s r.o., Hill-Rom Holdings, Savion Industries, Stryker Corporation, and Getinge AB
Access Detailed Report Summary at: https://www.psmarketresearch.com/market-analysis/hospital-beds-market
Based on the type of bed, the hospital bed market has been categorized into general, birthing, pediatric, pressure relief, and others. Of all types, the fastest growth during the forecast period in the global market is expected from general beds, with 5.8% CAGR, due to their low cost as compared to other beds.
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During the forecast period, the hospital bed market is projected to witness the fastest growth in Asia-Pacific (APAC), at a CAGR of 6.4%. This growth is supplemented by the growing medical tourism, increasing prevalence of chronic diseases, rising aging population, and continuously improving healthcare infrastructure in the region. Increasing chronic diseases along with aging population lead to a high chance of hospitalization, which further drives the market growth. According to the International Diabetes Federation (IDF), around 84 million people in South East Asia were diagnosed with diabetes in 2017, and the number is projected to increase to 156 million by 2045.
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Some of the other key players (than those mentioned above) in the hospital bed industry include Invacare Corporation, Paramount Bed Holdings Co. Ltd., Gendron Inc., Medline Industries Inc., LINET spol. s r.o., Hill-Rom Holdings Inc., Savion Industries Ltd., Stryker Corporation, and Getinge AB.
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P&S Intelligence, a brand of P&S Market Research, is a provider of market research and consulting services catering to the market information needs of burgeoning industries across the world. Providing the plinth of market intelligence, P&S as an enterprising research and consulting company, believes in providing thorough landscape analyses on the ever-changing market scenario, to empower companies to make informed decisions and base their business strategies with astuteness.
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