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Hospital Bed Market Size, Share, Growth, Demand, Analysis and Forecast Report 2022

05-27-2022 10:46 AM CET | Health & Medicine

Press release from: VynZ Research

Hospital Bed Market

Hospital Bed Market

The global hospital bed market will grow at a CAGR of 5.9% during 2021-2027 owing to the increased geriatric population, the prevalence of chronic diseases, the rising rate of hospitalization due to the COVID-19 pandemic, increased number of well-equipped, well-furnished, and advanced infrastructure hospitals, and launch of technologically developed beds will propel the growth of the hospital bed market.

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However, the rising popularity of minimally invasive surgeries and availing ambulatory surgical and healthcare centers by patients, and decreased funding for public hospitals mar result in less adoption of advanced beds that may hamper the growth of the hospital beds market.

COVID-19 Pandemic:

The COVID-19 outbreak has shown a positive outlook on the hospital bed industry as an increased number of COVID-19 patients globally led to the increased demand for hospital beds. Moreover, companies are launching new products to meet the growing demands. For example, Stryker Corporation has developed a low-cost, limited-release emergency medical bed to help healthcare providers with efficient care during the COVID-19 outbreak.

Market Segmentation:

Based on treatment, the critical care unit dominates the hospital bed market owing to the rising number of accidents that requires a high rate of admission in the ICU, increased geriatric population, and sudden outbreak of life-threatening infectious disease will contribute to the growth of the critical care unit in the hospital bed market.

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Geographical Analysis:

Asia-Pacific is anticipated to have the fastest growth in the hospital bed market owing to the accelerated economic growth in many developing countries, increased government emphasis on the healthcare sector, the growing prominence of infectious diseases, an outbreak of COVID-19, and investment & funding by the government bodies to expand healthcare facilities will fuel the growth in the region.

Recent News:

In February 2021, Stryker has announced its EMEA launch to offer a completely wireless hospital bed, ProCuity. It is a versatile, low-height bed for patient care and is in MedSurg unit, ICU, among others. It enhances nurse workflow efficiencies and safety and provides wireless connectivity.

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Key Players:

The prominent players in the hospital bed industry include Stiegelmeyer GmbH & Co. Kg, Stryker Corporation, Medline Industries, Inc., Invacare Corporation, Paramount Bed Holdings Co., Ltd., Hill-Rom Holdings, Inc., Merivaara Corp., Getinge AB, Midmark Corporation, Linet Spol. S.R.O and Antano Group S.R.L.

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Explore More Related Research Report Published by VynZ Research:

Asia-Pacific Hospital Bed Market - Analysis and Forecast (2021-2027)
https://www.vynzresearch.com/healthcare/asia-pacific-hospital-bed-market

U.S. Hospital Bed Market - Analysis and Forecast (2021-2027)
https://www.vynzresearch.com/healthcare/us-hospital-bed-market

Global Isolation Beds Market - Analysis and Forecast (2021-2027)
https://www.vynzresearch.com/healthcare/isolation-beds-market

India Isolation Beds Market - Analysis and Forecast (2021-2027)
https://www.vynzresearch.com/healthcare/isolation-beds-market

Contact Us:

VynZ Research
Call: +91-996-028-8381
Toll-Free (U.S. and Canada): +1-888-253-3960
Email: support@vynzresearch.com

About VynZ Research:

VynZ Research is a global market research firm offering research, analytics, and consulting services on business strategies. VynZ Research has a recognized trajectory record and our research database is used by many renowned companies and institutions in the world to strategize and revolutionize business opportunities. The company focuses on providing valuable insights on various technology verticals such as Chemicals, Automotive, Transportation, Energy, Consumer Durables, Healthcare, ICT and other emerging technologies.

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