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Hospital Beds Market is likely to reach US$ 5.9 Bn by 2032 and exhibit a 5.7% CAGR from 2022-2032 | PMR
Hospital beds come in many shapes and sizes ranging from traditional manual beds to electric designs that can adjust to various positions for maximum patient comfort. They are also available in a variety of materials such as metal, wood, plastic or combination of these materials.
The most popular type of hospital bed is the adjustable type which allows the user to adjust the bed height, head angle or backrest angle depending on their preferences. This is especially useful when catering to patients with different levels of mobility. Other types of hospital beds include bariatric and pediatric versions designed specifically for larger or smaller patients respectively.
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The global hospital bed market is expected to grow significantly in the coming years, driven by several key factors. One of the major drivers of the market is the aging population. As the population ages, the number of people requiring long-term care in hospitals and other healthcare facilities is expected to increase, leading to greater demand for hospital beds.
Another factor contributing to the growth of the hospital bed market is the increasing incidence of chronic diseases such as heart disease, diabetes, and cancer. These conditions often require long-term care and hospitalization, driving the need for more hospital beds.
The market growth is also boosted by the increasing number of surgical procedures and rising number of accidents, which also lead to higher demand for hospital beds.
Companies
Stryker Corporation
Hill-Rom Holdings, Inc.
Getinge AB
Invacare Corporation
StiegelmeyerGmBH& Co. KG
Paramount Bed Holdings Co., Ltd.
LINET Group SE
Medline Industries, Inc.
Joerns Healthcare LLC.
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Advances in technology are also expected to drive the growth of the hospital bed market. For example, many hospitals are adopting automated and motorized beds, which are designed to improve patient comfort and ease of use for healthcare providers.
Additionally, With the rise of home healthcare, manufacturers are producing various types of hospital beds, including those designed for use in patients' homes, which is expected to drive the growth of the market.
Furthermore, Government initiatives, such as increasing funding for public healthcare and the construction of new healthcare facilities, also contribute to the growth of the market.
Overall, the global hospital bed market is expected to continue growing in the coming years as the population ages, the incidence of chronic diseases increases, and advances in technology lead to more advanced and specialized hospital beds.
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Key Segments Covered in the Hospital Bed Industry Report
Hospital Bed Market by Type
Semi-Electric Beds
Electric Beds
Manual Beds
Hospital Bed Market by Usage
Acute Care Beds
Long-Term Care Beds
Psychiatric Care Beds
Others
Hospital Bed by Application
Non-Intensive Care Beds
Intensive Care Beds
Hospital Bed Market by End User
Hospitals & Clinics
Elderly Care Facilities
Ambulatory Surgical Centers
Home Care Settings
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Our expert team of industry analysts comprising management graduates, medical professionals, engineers, and project managers provides insights on emerging therapy areas, diagnostic tools, medical devices and components, reimbursement and market access, biotechnology, and life science research products and services to equip decision-makers with sound inputs and strategic recommendations. Click here to learn more about how we zero in on the critical aspects of this industry.
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