Emergence of Covid-19 is to Augment Growth of U.S. Hospital Beds

Hospital beds are serving the purpose of patient care in various medical institution and residences. Hospital beds are versatile and robust, in terms of ease to clean, maintenance as compared to household bed for a longer period of time. Hospital beds can be set to any inclination as per the patient’s comfort with the help of levers fixed to the beds. Moreover, most of the modern hospitals provide electric and semi-electric beds, which cut down the need of medical assistance for patient monitoring as well as movement. Hospital beds are conventionally used in various patient care settings, such as intensive care unit beds, psychiatry beds, ambulatory, pediatric beds, terminal patient beds, outpatient beds, bariatric beds, and maternity beds.

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The U.S. hospital bed market is gaining significant traction due to rising geriatric population associated diseases. For instance, according to Population Reference Bureau (PRB), in 2016, around 46 million people were aged 65 years and older in the U.S. and by 2060 population is predicted to be 98 million. Geriatric population is more susceptible to infections, which raises the demand for public health system to increase the number of beds in the hospitals. This is expected to boost the growth of the U.S. hospital bed market over the forecast period. Furthermore, in October 2017, Highmark Health announced to build a new 160-bed hospital in Pine Township (U.S.). Highmark aims to make healthcare more affordable. This new hospital is expected to get regulatory approval in mid-2018 and complete by 2021. Thereby, a major step by Highmark Health to improve healthcare facilities for patient’s comfort is expected to stimulate the U.S. hospital bed market growth over the forecast period. However, advancement in the biopharmaceuticals may hamper the U.S. hospital bed market growth.

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This report focuses on the top players in global market, like Hill-Rom Holdings, Inc, Carevel Medical Systems Private Limited, Getinge AB, Invacare Corporation, Stryker Corporation Linet spol S.r.o, Paramount Bed Co. Ltd., Meditech (India) pvt ltd, and Linet Group SE.

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