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Top Trends - Medical Bed Market Worth US$ 3.41 Billion by 2023 - North America, Europe, Asia-Pacific (APAC) Drives the Growth Due to High Demand in Hospitals and Homecare

12-21-2018 02:31 PM CET | Health & Medicine

Press release from: ReportsnReports

The medical bed market competitive landscape covers growth strategies adopted by industry players in last three years. Company profiles comprise basic views on key players in the medical beds market & product portfolios, developments, & strategies adopted by market players to maintain and increase their market shares in near future.

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The global medical bed market is projected to reach USD 3.41 Billion by 2022 from USD 2.59 Billion, growing at 5.6% CAGR during forecast period (2017–2022). Market segmented on basis of type, application, end user, usage, and region. On basis of usage, market divided into acute care beds, psychiatric care beds and bariatric care beds, long-term care beds, & other beds (maternity and rehabilitative beds).

The medical bed market is dominated by established players such as Stryker Corporation (U.S.), Hill-Rom Holding, Inc. (U.S.), Getinge Group (Sweden), and Invacare Corporation (U.S.). New product launches was the dominant strategy adopted by key industry participants to increase their market share and cater to unmet needs.

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Factors like increasing investments in healthcare infrastructural development, technological innovations in ICU beds, increasing number of beds in private hospitals, & increasing volume of chronic care patients are expected to drive growth of medical bed market in coming years. Growing trend of home care expected to provide a wide range of opportunities to players in market.

In medical beds market report, segmented on basis of type, application, end user, usage, and region. On the basis of application, the medical beds market segmented into two categories - intensive care and non-intensive care.

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The medical bed market segmented on basis of type, application, end user, usage, & region. Based on usage, market segmented into major four categories acute care, psychiatric care & bariatric care, long-term care, & beds (maternity & rehabilitative beds). Long-term care segment expected to have fastest-growing market during forecast period owing to increasing number of patients requiring long-term care.

The report provides insights on the following pointers:
• Market Penetration: Comprehensive information on products offered by the top players in the medical beds market
• Product Development/Innovation: Detailed insights on the upcoming technologies, research & development activities, and new product launches in the medical beds market
• Market Development: Comprehensive information about lucrative emerging markets—the report analyzes the markets for medical beds across various regions
• Market Diversification: Exhaustive information about new products, untapped geographies, and recent developments in the medical beds market
• Competitive Assessment: In-depth assessment of market ranking, strategies, products, and manufacturing capabilities of the leading players in the medical beds market

We provide you the further information and more details with intelligence needs for your business. Access to in-depth market trends helps companies to assess the market effectiveness.

With comprehensive information about the publishers and the industries for which they publish market research reports, we help you in your purchase decision by mapping your information needs with our huge collection of reports.

Mr. Vishal
Tower B5, Office 101,
Magarpatta City SEZ,
Pune-411013, India

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