Press release
Electric Bed Market Worth USD 4.41 Billion by 2030 at 6.7% CAGR
Electric Bed Market
In a recent research report by Market Research Community, the electric bed market is expected to surpass USD 4.41 Billion by the year 2030, from USD 2.46 Billion in 2021.
The growing patient population, growing elderly population, and increased adoption of technologically advanced products are all factors contributing to the rising need for electric beds in emerging nations. The number of patients being admitted to hospitals and clinics has surged as a result of the recent global COVID-19 outbreak. For elderly persons and those with serious diseases, electric beds are among the most important necessities.
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Top Key Players of the Electric Bed Market:
Arjo; Hill-Rom Services Inc.; Medline Industries, Inc.; PARAMOUNT BED CO., LTD.; Invacare Corporation; Stryker; Malvestio Spa; LINET; Gendron Inc.; Midmark India Pvt. Ltd.
On The Basis of Application:
General Bed
Intensive Care Bed
Bariatric Bed
Birthing Bed
Others
By End Use:
Hospitals & Clinics
Reproductive Care Centers
Dentistry
Others
Regional Analysis:
North America- (U.S., Canada, Mexico)
Europe- (Germany, France, U.K., Russia, Italy, Spain, BENELUX, Rest of Europe)
Asia Pacific- (China, Japan, India, South Korea, Australia, ASEAN, Rest of Asia Pacific)
Latin America- (Brazil, Argentina, Chile, Rest of Latin America)
Middle East and Africa- (GCC, Turkey, Israel, Rest of MEA)
Over the projection period, it is anticipated that the reproductive care centers category would experience significant growth. The electric bed's many benefits are increasing interest in the device. These beds' comfort and convenience allow patients to deliver babies comfortably.
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Over the projection period, Asia Pacific is anticipated to experience the quickest growth rate of 7.4%. It is projected that the presence of growing nations like China, India, and Japan will accelerate market expansion in the Asia Pacific region. Some of the factors projected to propel the market include growing patient safety and care awareness in this region and expanding healthcare infrastructure development.
The Electric Bed market is projected to grow at a significant pace reaching a CAGR of approximately 6.7%, over the forecast period of 2022-2030, despite a considerable fall in Product sales during the initial phase of pandemic spread and lockdown restrictions imposed globally.
The study is consolidated into major segments and further into sub-segments, such as by Product (Semi-automatic Electric Bed, Fully Automatic Electric Bed) Application (General Bed, Intensive Care Bed, Bariatric Bed, Birthing Bed, Others), by end-use (Hospitals & Clinics, Reproductive Care Centers, Dentistry, Others) to forecast the market size by value; also includes the analysis of past market dynamics from 2016 - 2021, considering 2021 as the base year.
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What will you get in the Electric Bed Market report?
Worldwide analysis on five major regions.
Thorough examination of economic conditions, growth strategies, restraints, tactics, collaborations, profit margin, technological studies and innovations of top industry drivers.
Detail study of Electric Bed Market size, growth margin, revenue share, growth opportunities, new launches and upcoming challenges.
Beneficial research including market dynamics, tendencies, capacity, recovery, cumulative impact and overall scenario of Electric Bed Market.
Accurate framework covering historical and forecasted statistics for the period (2022-2030).
Quantitative and qualitative analysis of Electric Bed Market by types, applications, region and end-user.
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