The Medical Beds Market to enter the arena of digitized nostalgia at a CAGR of 5.8%

Worldwide revenue from the medical beds market was US$ 12.2 Bn in 2021, with the global market estimated to move ahead at a CAGR of 5.8% to reach a valuation of US$ 22.6 Bn by the end of 2032.

As assessed by Persistence Market Research, long-term care beds are expected to show growth at a CAGR of 6.5% over the forecast period. Overall, medical beds market sales account for approximately 52.5% revenue share of the global medical furniture market, which was valued at around US$ 23.17 Bn in 2021.
The global market for medical beds recorded a historic CAGR of 6.2% in the last 9 years from 2012 to 2021.

Hospitals and local communities all around the world were overwhelmed by COVID-19's rapid global expansion in the first months of 2020. To avoid overflow and saturation, one of the major tasks was to quickly and effectively manage medical beds and other health resources. This is especially crucial in nations where there are not many beds accessible, there are not enough medical personnel, and there is not enough organizational assistance.

Before any emergency occurs, it is vital to analyze the hospital's capacity and the effectiveness of managing its structural elements. This analysis serves as a useful starting point for further investigation of the emergency's management. Thus, the market for medical beds offers considerations for growth in a medical environment.

Hospital beds are essential components necessary in healthcare facilities because the majority of patients are unable to move to receive treatment and require rest.

Factors such as an aging population coupled with an increase in the prevalence of chronic diseases, an increase in hospitalization due to recent outbreaks of the COVID-19 pandemic and other infectious diseases, an increase in the number of well-equipped, well-furnished, and sophisticated infrastructure hospitals, and the introduction of technologically improved beds are likely to boost worldwide market growth.

Companies
Hill-Rom Holdings, Inc.
Invacare Corporation
Drive Medical
Stryker Corporation
ArjoHuntleigh
Gendron Inc
Graham Field Health Products, Inc.
Hard Manufacturing Co
Umano Medical
Transfer Master
American Medical Equipment (AME)
ProBed Medical
Getinge AB
Paramount Bed Holdings
Joerns Healthcare LLC
Narang Medical

Key Segments of Medical Beds Industry Research
By Product:

Acute Care Beds
Long-term Care Beds
Psychiatric Care Beds
Maternity Beds
Others

By Bed:

Manual Beds
Electric Beds
Semi-electric Beds

By Usage:

Intensive Care
Non-Intensive Care

By End User:

Hospitals
Home Care Settings
Rehabilitation Centers
Others

By Region:

North America
Latin America
Europe
South Asia
East Asia
Oceania
Middle East & Africa

Contact us:

Persistence Market Research
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NY 10007 United States
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Sales - sales@persistencemarketresearch.com

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This release was published on openPR.