Hospital Beds Market Size, Latest Trends, Top Players, Revenue, Share, and Forecast 2031

The global hospital beds market size was US$ 3.3 billion in 2021. The global hospital beds market size is estimated to reach US$ 6.2 billion by 2030, growing at a compound annual growth rate (CAGR) of 7.4% during the forecast period from 2022 to 2030.

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Hospital beds are used for patients which provide comfort for patients and convenience for healthcare workers. They are specially designed with components such as the head end, foot end, or middle which can be specially adjusted as needed.

Factors Affecting Marketing Growth

The rise in the incidence of road accidents and the increase in the number of surgical operations drive the growth of the global market.
A rise in awareness about advanced surgical procedures and an increase in healthcare expenditures of people drive the growth of the global market.
An increase in the number of the geriatric population drives the growth of the global market.
The rise in the prevalence of chronic diseases such as hypertension, cancer, and diabetes drives the growth of the global market.

Impact on COVID-19 Analysis

The COVID-19 outbreak is expected to have a positive impact on the growth of the global hospital beds market due to the rising demand for hospital beds. Isolation of patients has been suggested for COVID-19 to avoid the spread of infection. Furthermore, most of the countries created isolation centers along with healthcare facilities which drive the growth of the global market. For critically ill patients, an advanced hospital bed with features such as elevation, wheels, CPR function, and a nurse call system has been found useful. Furthermore, COVID-19 boosts the preference for home-based treatment which drives the demand for hospital beds for home care. Hence, the global market is expected to grow in post-pandemic conditions.

Regional Analysis

Asia-Pacific holds the major share in the global hospital beds market in 2021 and is anticipated to dominate the global market during the forecast period due to the rise in the prevalence of chronic diseases, the presence of a high population base, and the presence of key players.

Europe is expected to register significant growth, due to the increase in the incidence of road accidents, well-developed healthcare infrastructure, and the development of healthcare infrastructure.

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Leading Competitors
The prominent players in the global hospital beds market are:
Stryker Corporation
Savaria Corporation
Paramount Bed Holdings
Novum Medical Products
Midmark Corporation
Medline Industries Inc
Invacare Corporation
Drive Medical
Graham Field
Baxter Corporation
Others

Segmentation Analysis
The global hospital beds market segmentation focuses on End User, Technology, Application, and Region.

Segmentation on the basis of End User

Ambulatory Surgical Centers
Hospitals
Others

Segmentation on the basis of Technology

Powered Beds
Type
Electric Beds
Manual Beds
Semi Electric Beds

Segmentation on the basis of Application

Long-term Care
Acute Care
Others

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Segmentation on the basis of Region
North America
The U.S.
Canada
Mexico
Europe
Western Europe
The UK
Germany
France
Italy
Spain
Rest of Western Europe
Eastern Europe
Poland
Russia
Rest of Eastern Europe
Asia Pacific
China
India
Japan
Australia & New Zealand
ASEAN
Rest of Asia Pacific
Middle East & Africa (MEA)
UAE
Saudi Arabia
South Africa
Rest of MEA
South America
Brazil
Argentina
Rest of South America

Table of Content:

Report Overview
Global Growth Trends
Competition Landscape by Key Players
Data Segments
North America Market Analysis
Europe Market Analysis
Asia-Pacific Market Analysis
Latin America Market Analysis
Middle East & Africa Market Analysis
Key Players Profiles Market Analysis
Analysts Viewpoints/Conclusions
Appendix

Key Questions Answered in The Report:

What are the strengths and weaknesses of the key vendors?
Who are the Leading key gamers and what are their Key Business plans in the close to future?
What will be the market increase price and measurement in the coming year?
What are the principal key elements riding the market?
What are the key market tendencies impacting the increase of the world Market?
Which are Trending elements influencing the market shares of the pinnacle areas throughout the globe?
What is the have an effect on of The Russia-Ukraine Crisis on the modern industry?
Who are the key gamers and what are their strategies in the international Market?
What are the market opportunities and threats confronted by using the carriers in the world Market?
What industrial trends, drivers, and challenges are manipulating its growth?
What are the key consequences of the 5 forces evaluation of the world industry?

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