Press release
Asia medical/hospital beds market is expected to grow at a CAGR of 5.8% to reach $682.2 million by 2025
According to this latest publication from Meticulous Research(R), Asia medical/hospital beds market is expected to grow at a CAGR of 5.8% from 2018 to reach $682.2 million by 2025.
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The Asia medical/hospital beds market is majorly driven by increasing elderly population coupled with growing prevalence of chronic diseases, rising number of hospitals, and growing medical tourism. However, factors such as growing preference for minimally invasive surgeries and decreasing number of beds in public hospitals are expected to hinder the growth of this market to some extent.
Key Market Segments to Watch
Asia medical/hospital beds market study presents historical market data in terms of value (2016 and 2017), estimated current data (2018), and forecasts for 2025 -by product (medical/hospital beds, accessories), area of use (critical care, long-term care, bariatric care, med-surg, pediatric care, maternal care, and home care), type of care (curative care, long-term care, and rehabilitative care), technology (powered beds and manual beds), and end user (hospitals, elderly care settings, home care settings, and others). The study also evaluates industry competitors and analyzes the market at country level.
On the basis of area of use, the Asia medical/hospital beds market is segmented into critical care, long-term care, bariatric care, med-surg, pediatric care, maternal care, and home care. Critical care segment holds the largest share of the Asian medical/hospital beds market with the increasing number of accidents, growing incidence of infectious diseases, and rising prevalence of chronic diseases and fatal injuries in this region. However, home care market is expected to witness a rapid growth during the forecast period. The rapid growth of this market is primarily attributed to the rising healthcare expenditure, growing aging population coupled with increase in the incidence of chronic diseases, technological advancements such as wearable gadgets, and telehealth which has shifted the focus towards alternative methods of treatment such as home healthcare which is less expensive and effective.
On the basis of type of care, the Asia medical/hospital beds market is segmented into three major segments namely, curative care, long-term care, and rehabilitative care. Curative care segment accounted for the largest share of the Asia medical/hospital beds market in 2017. The large share of this segment is attributed to the growing inpatient population at the healthcare facilities across the Asia. However, long-term care segment is expected to witness a rapid growth during the forecast period.
Browse in-depth Report on:https://www.meticulousresearch.com/product/asia-medical-hospital-beds-market/
This research report analyzes major geographies and provides comprehensive analysis of India, China, Japan, and Rest of Asia. The India accounted for the largest share of the Asia medical/hospital beds market with the rising prevalence of various chronic diseases; increase in the prevalence of cancers of digestive, urinary, respiratory, and reproductive systems; growth in per capita healthcare expenditure; increasing investments in the Indian healthcare industry; and expansion of private healthcare institutions in rural areas.
The key players profiled in the Asia medical/hospital beds market report are Stryker Corporation (U.S.), Hill-Rom Holdings, Inc. (U.S.), Getinge AB (Sweden), Invacare Corporation (U.S.), Paramount Bed Holdings Co., Ltd. (Japan), Medline Industries, Inc. (U.S.), Joh. Stiegelmeyer GmBH & Co. KG (Germany), LINET Group SE (Czech Republic), Joerns Healthcare LLC. (U.S.), Span-America Medical Systems, Inc. (U.S.), Savion Industries (Israel), and Malvestio Spa (Italy).
Key questions answered in the report-
Which are the high growth market segments in terms of product, area of use, type of care, technology, end user, and countries?
What is the historical market for medical/hospital beds across the Asia?
What are the market forecasts and estimates from the period 2018-2025?
What are the major drivers, restraints, opportunities, and trends in the Asia medical/hospital beds market?
Who are the major players in the Asia medical/hospital beds market and what share of the market do they hold?
Who are the major players in various countries and what share of the market do they hold?
How is the competitive landscape?
What are the recent developments in Asian medical/hospital beds market?
What are the different strategies adopted by the major players in the Asia medical/hospital beds market?
What are the geographic trends and high growth countries?
Who are the local emerging players in the Asian medical/hospital beds market and how do they compete with the other players?
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Contact –
Meticulous Market Research Pvt. Ltd.
Khushal Bombe
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Pushpak Business Hub,
Wakad, Pimpri-Chinchwad, 411057 India.
Direct Lines :
+1-646-781-8004 (North America)
+91 744-7780008 (Asia-Pacific)
About Meticulous Research®
Meticulous Research® was founded in 2010 and incorporated as Meticulous Market Research Pvt. Ltd. in 2013 as a private limited company under the Companies Act, 1956. Since its incorporation, with the help of its unique research methodologies, the company has become the leading provider of premium market intelligence in North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa regions.
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