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Automated Hospital Beds Market 2020 (COVID-19 Impact Analysis) by Types, Risk Factor, Drivers, Market Size, Demand, Opportunities, Shares, Countries, Revenue and Forecast to 2026 | DBMR Updates
Automated Hospital Beds Market
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A range of objectives of marketing research are required to be kept in mind while generating the best Automated Hospital Beds Market research report. The data involved in this market report can be very necessary when it comes to dominate the market or making a mark in the market as a new emergent. All the data and statistics covered in this report lead to an actionable ideas, improved decision-making and better mapping business strategies. Automated Hospital Beds Market report contains the company profiles, product specifications, capacity, production value, and market shares of each company for the forecasted period of 2020-2027.
Market Analysis: Global Automated Hospital Beds Market
Global Automated Hospital Beds Market is expected to rise gradually to an estimated value of USD 3.12 billion by 2026, registering a CAGR of 6.10% in the forecast period of 2019-2026 with the annual sales of 1.94 billion in the year 2018. This rise in market value can be attributed to the technological advancement in medical devices.
Key Market Competitors:
Few of the major competitors currently working in the automated hospital beds market are Stryker (US), PARAMOUNT BED CO., LTD (Japan), Hill-Rom Services Inc. (US), Invacare Corporation.(US), LINET (US), Transfer Master (US), EHOB (US), Stiegelmeyer GmbH & Co. KG (Germany), Merivaara Corp. (Finland), Medline Industries, Inc. (US), Arjo (Sweden), Gendron Inc. (US), United Surgical Industries (India), Janak Healthcare Pvt. Ltd. (India) and few among others.
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Market Definition: Global Automated Hospital Beds Market
Medical equipment such as hospital beds are in high demand irrespective of country or region. Automated hospital beds are used for patients with reduced mobility to ensure the comfort and secure them from external damage.
According to World Health Organization, there were an estimated 56.9 million people died in 2016, almost more than half of these deaths could have been avoided with the availability of proper medical equipment and devices for healthcare procedures. This significant number is expected to act as a driver to the market growth.
Segmentation: Global Automated Hospital Beds Market
Automated Hospital Beds Market : By Type
Semi-Automatic
Fully Automatic
General beds
Pediatric beds
Pressure relief beds
Bariatric beds
Birthing beds
Automated Hospital Beds Market : By Technology
Basic
Smart
Automated Hospital Beds Market : By Application
Critical Care
Acute Care
Long Term Care
Automated Hospital Beds Market : By Usage
General Purpose
Intensive Care
Delivery/Birthing
Bariatric
Pediatric
Pressure Relief
Psychiatric Care
Others
Automated Hospital Beds Market : By End users
Hospitals
Clinics
Ambulatory Care Centers
Automated Hospital Beds Market : By Power
Electric beds
Manual beds
Semi-electric beds
Automated Hospital Beds Market : By Geography
North America
South America
Europe
Asia-Pacific
Middle East & Africa
Key Developments in the Market:
On 18th April, 2018 China’s Fosun invested up to USD 350 million in Fortis Healthcare to own upto 25% stake in the hospital and diagnostic chain in order to increase the number of beds by 2000 in China.
On 11th March, 2019, Hill-Rom Holdings, Inc. announced the definitive agreement to acquire Voalte, Inc., a pioneer and leader in real-time, mobile healthcare communications. The acquisition of Voalte will accelerate Hill-Rom’s leadership in care communications and advance the company’s digital and mobile communications platform and capabilities.
Automated Hospital Beds Market Drivers :
Technological advancement in medical devices will help in the growth of the market.
Increased incidence of life-threatening diseases will drive the growth of market
Increasing number of geriatric population
Automated Hospital Beds Market Restraints :
High cost of automated hospital beds
Declining number of beds in public hospitals
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