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Automated Hospital Beds Market 2020 Growth & Share Analysis: PARAMOUNT BED CO., LTD (Japan), Hill-Rom Services Inc. (US), Invacare Corporation.(US), LINET (US), Transfer Master (US)
Automated Hospital Beds Market
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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.
Major Competitors:
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.
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.
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
Market Restraints
High cost of automated hospital beds
Declining number of beds in public hospitals
Table of Contents:
Introduction
Market Segmentation
Market Overview
Executive Summary
Premium Insights
Global, By Component
Product Type
Delivery
Industry Type
Geography
10.1. Overview
10.2. North America
10.3. Europe
10.4. Asia-Pacific
10.5. South America
10.6. Middle East & Africa
Company Landscape
Company Profiles
Related Reports
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Segmentation: Global Automated Hospital Beds Market
By Type
Semi-Automatic
Fully Automatic
General beds
Pediatric beds
Pressure relief beds
Bariatric beds
Birthing beds
By Technology
Basic
Smart
By Application
Critical Care
Acute Care
Long Term Care
By Usage
General Purpose
Intensive Care
Delivery/Birthing
Bariatric
Pediatric
Pressure Relief
Psychiatric Care
Others
By End users
Hospitals
Clinics
Ambulatory Care Centers
By Power
Electric beds
Manual beds
Semi-electric beds
By Geography
North America
South America
Europe
Asia-Pacific
Middle East & Africa
Key Developments in the Market:
On 18thApril, 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 11thMarch, 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.
Competitive Analysis:
Global automated hospital beds market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of automated hospital beds market for Global, Europe, North America, Asia-Pacific, South America,Middle East & Africa.
Reasons to Purchase this Report
Current and future of global automated hospital beds market outlook in the developed and emerging markets
The segment that is expected to dominate the market as well as the segment which holds highest CAGR in the forecast period
Regions/Countries that are expected to witness the fastest growth rates during the forecast period
The latest developments, market shares, and strategies that are employed by the major market players
Customization of the Report:
All segmentation provided above in this report is represented at country level
All products covered in the market, product volume and average selling prices will be included as customizable options which may incur no or minimal additional cost (depends on customization)
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Contact:
Data Bridge Market Research
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Email: Corporatesales@databridgemarketresearch.com
About Data Bridge Market Research
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