Medical Beds Market Industry Growth Factors, Applications, Regional Analysis and Future Scope by 2027 | Merivaara Corp, Amico Group, Linet, Gendron Inc.
The global medical beds market accounted to US$ 3.58 Bn in 2018 and is expected to grow at a CAGR of 5.4% during the forecast period 2019 - 2027, to account to US$ 5.7 Bn by 2027.
Get Sample Copy of this Report at - http://tiny.cc/l2c78y
Top Key Players Involved:
- Famed Żywiec Sp. z o.o.
- Medline Industries, Inc.
- Malvestio Spa
- Invacare Corporation
- Merivaara Corp.
- Paramount Bed Co., Ltd.
- Amico Group
- Gendron Inc.
What the report features:-
- Global analysis of Medical Beds market from 2019 – 2027 illustrating the progression of the market.
- Forecast and analysis of Medical Beds market by Dosage, Route of Administration and Application from 2019 – 2027.
- Forecast and analysis of Medical Beds market in five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America.
The Asia Pacific market is expected to grow at highest rate during the forecast period owing to rising geriatric population, increasing prevalence of chronic diseases, increasing number of hospitals, and increased government investments. In addition, technological advancements in medical devices are expected to fuel the market growth in Asia Pacific region.
Get Discount on this Report at - http://tiny.cc/k3c78y
Rising Prevalence of Chronic Diseases is expected to boost the market growth over the years
Chronic diseases, including diabetes, cancer, heart disease, and obesity, are the leading causes of death in the world and account for most of the nation’s health care costs. According to the International Diabetes Federation (IDF), in 2017, number of people with diabetes in North America was approximately 46 million which is expected to grow at 62 million in 2045.
The increase in the disease prevalence is around 35% during the forecast period. According to report of CDC, in 2018, approximately more than 9% of the population has diabetes, which is the leading cause of kidney failure, lower-limb amputations in US. Moreover, the data also suggests that 1.5 million Americans are diagnosed with diabetes every year in the US. Similar trends for high presence of diabetes are prevalent around other geographies of the globe that include Asia Pacific, Europe, Middle East and Africa.
For instance, according to IDF Diabetes Atlas published by the International Diabetes Federation in 2017, South-East Asia is home to approximately one-fifth (19%) of the total diabetes population worldwide.
Also, according to the World Health Organization in 2018, cancer was the second leading cause of death across the globe, and is responsible for an estimated 9.6 million deaths in 2018. Furthermore, the American Cancer Society estimated that in 2018, 1,735,350 new cancer cases were diagnosed in 2018.
Thus, the increasing prevalence of chronic diseases poses several opportunities for the medical beds market to grow during the forecast period.
Rising Geriatric Population
The elderly population is defined as a group of people aged 65 and over. The aging population is poised to become one of the most significant social transformations of the twenty-first century. According to the United Nations report, in 2017, globally, there were more than 962 million people aged 60 or over, that consists of 13% of the world population.
The geriatric population aged 60 or above is growing at a rate of about 3 percent per year. Across the globe, the number of persons aged 80 or above is projected to triple by 2050. The approximate diabetes population is more than137 million in 2017, which is expected to grow up to 425 million in 2050. The number is expected to grow to 909 million in the year 2100, around seven times its value in 2017.
The elderly people are more likely to have chronic diseases such as osteoporosis, diabetes than younger people, and the effect of the disease on quality of life is particularly deep in this population. With an increase in the number of geriatric population, the prevalence of chronic diseases has increased. Therefore, the demand for medical beds are expected to increase in the forecast period.
The global medical beds market, based on usage is segmented into acute care, long-term care, psychiatric & bariatric care, and others. In 2018, the acute care segment held the largest share of the market, by usage. This segment is also expected to dominate the market in 2027 owing to high rising prevalence of chronic diseases, growing geriatric population. Moreover, the long-term care medical beds segment is anticipated to witness the significant growth rate of 5.1% during the forecast period owing to the factors such as growing geriatric population, and the increasing number of nursing homes.
Strategic acquisition and product launches were observed as the most adopted strategy in global medical beds industry. Few of the recent product launch, product approval and acquisitions are listed below:
August 2018: Stryker, partnered with Ascom to integrate Ascom Unite software with Stryker’s iBed Wireless Smartbed system. It will enable to deliver Stryker iBed wireless notification to clinicians or doctors about patient safety risk condition such as patiet fall.
June 2018: Medline acquired Dufort et Lavigne Ltée, a Montreal-based medical supplies distributor. To extend its presence in North America and Canada.
September 2017: Paramount Beds have opened new factory in Querétaro, México. They have planned to manufacture medical beds and other accessories at the new facility.
Purchase this Report at - http://tiny.cc/x3c78y
Key Reasons to Purchase this Complete report:
- Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the Global Medical Beds Market.
- Highlights key business priorities in order to assist companies to realign their business strategies.
- The key findings and recommendations highlight crucial progressive industry trends in the Medical Beds, thereby allowing players to develop effective long term strategies.
- Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
- Scrutinize in-depth global market trends and outlook coupled with the factors driving the market, as well as those hindering it.
- Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to products, segmentation and industry verticals.
The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We are a specialist in Technology, Healthcare, Manufacturing, Automotive and Defense.
This release was published on openPR.
Permanent link to this press release:
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Medical Beds Market Industry Growth Factors, Applications, Regional Analysis and Future Scope by 2027 | Merivaara Corp, Amico Group, Linet, Gendron Inc. here
News-ID: 1795687 • Views: 219
More Releases from The Insight Partners
Flaxseed Derivatives Market Business Growth, Top Key Players Update, Industry De …
The report aims to provide an overview of Flaxseed Derivatives Market with detailed market segmentation by type, category, application, and geography. The global flaxseed derivatives market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading flaxseed derivatives market players and offers key trends and opportunities in the market. The report also includes the profiles of key flaxseed derivatives
Snack Pellet Equipment Market 2019 Global Industry Size, Share, Revenue, Busines …
The report aims to provide an overview of Snack Pellet Equipment Market with detailed market segmentation by equipment type, product type, form and geography. The global snack pellet equipment market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading snack pellet equipment market players and offers key trends and opportunities in the market. The report also includes the
Increasing Incidences of Alzheimer’s Diseases is driving the market for nurse …
The Nurse Call Systems market report delivers exceptional insights on the major developments unfolding in the industry. The global market is segmented on the basis of drive type, type, extremity, application and end user, and provides in-depth research of the existing and upcoming market conditions. Key factors driving the market are rising incidence of Alzheimer’s disease across the region, rising in the support of government in country. In addition, the presence
Home Health Hubs Market to 2027 Global Industry Size, Share, Future Challenges, …
Significant developments such as advanced connected home and mobile technologies are increasing efficiency and automation capabilities of data collection from patients. This helps to improve hospital and patient connectivity, thereby improving healthcare delivery and quality of care. The “The Insight Partners “ market research report provides a comprehensive picture on “Home Health Hubs Market”, from the global viewpoint, offering a forecast and statistic in terms of revenue during the forecast period.
More Releases for Bed
Five Functions Electric Hospital Bed
Durable frame made of cold-rolled steel plate with electro-coating & powder-coating treatment. Detachable quality ABS headboard and ABS handrails. Remote handset control of all electrically operated functions and movements. Center-controlled locking system. The marketplace was wholly developed by the Jiangsu Medwish Network Technology Co., Ltd., a private corporation based in Jiangsu, China. Through substantial previous international B2B e-commerce field experience, Jiangsu Medwish is dedicated to establishing a globally recognized framework and promoting the sustainable
Adjustable Bed Market 2019
The global market size of Adjustable Bed is $XX million in 2017 with XX CAGR from 2013 to 2017, and it is expected to reach $XX million by the end of 2023 with a CAGR of XX% from 2018 to 2023. The companies include: Ergomotion, Primo International, Reverie, Beautyrest, Fashion Bed Group, Tempur-Pedic, Easy Rest, Serta, Natural Form, Sealy, Personal Comfort, Craftmatic, Sleep Comfort, Amerisleep, Costco, Golden Re et al. Request For Sample
Global Hospital Bed Market 2018 -Savion Industries, Paramount Bed, Gendron
Apex Market Reports, recently published a detailed market research study focused on the “Hospital Bed Market” across the global, regional and country level. The report provides 360° analysis of “Hospital Bed Market” from view of manufacturers, regions, product types and end industries. The research report analyses and provides the historical data along with current performance of the global PP Pipe industry, and estimates the future trend of Hospital Bed on
ABS Hospital Bed Sales Global Market 2017: Key Players – Paramount Bed , Hill- …
SUMMARY WiseGuyReports published new report, title “Global ABS Hospital Bed Sales Market Report” WiseGuyReports has announced the addition of “Report Full Title” that provides the market survey of “report keyword. The research report presents a comprehensive overview of market and growth trends of this industry in the coming years. Firstly, the report provides a basic overview of the industry including its definition, applications and manufacturing technology. Then, the report explores the international and
Global Bed Linen Market, 2025
IndexBox has just published a new report "World: Bed Linen - Market Report. Analysis and Forecast to 2025" ( http://www.indexbox.co.uk/store/world-bed-linen-market-report-analysis-and-forecast-to-2020/?utm_source=opr ). This report is best suitable for you if you: • Are planning to enter a new geographical market and wish to know which one is best for your product • Are planning to enter a new product market and want to have a detailed overview of the market before entering • Already work
Global Nursing Bed Market 2017 : PARAMOUNT BED, Maidesite, Zhubang, Dreamland
Nursing Bed A market study based on the " Nursing Bed Market " across the globe, recently added to the repository of Market Research, is titled ‘Global Nursing Bed Market 2017’. The research report analyses the historical as well as present performance of the worldwide Nursing Bed industry, and makes predictions on the future status of Nursing Bed market on the basis of this analysis. Get Free Sample Copy of Report Here