Sales of Electric Medical Beds To Top with A Valuation of US$ 5.5 Billion by 2032

Sales of medical beds brought in a net worth of $3.69 billion in 2022; over the following 10 years, this value is anticipated to increase by another $1.7 billion. A market research and competitive intelligence company called Fact.MR just published an industry study that includes an analysis of the aforementioned data. Additionally, according to Fact.MR analysts, the market will expand at a consistent CAGR of 3.7% through 2032.

The COVID-19 pandemic greatly increased hospitalization, which greatly increased demand for hospital beds all across the world. Medical beds are a crucial component of any patient's care since they offer convenience, safety, inflection control, and risk management support.

𝗗𝗼𝘄𝗻𝗹𝗼𝗮𝗱 𝗦𝗮𝗺𝗽𝗹𝗲 𝗖𝗼𝗽𝘆 𝗼𝗳 𝗧𝗵𝗶𝘀 𝗥𝗲𝗽𝗼𝗿𝘁:
https://www.factmr.com/connectus/sample?flag=S&rep_id=310?AS

Demand for Electric medical beds from hospitals is prominent, but the popularity of homecare services is expected to substantially increase over the decade, and this would create a new demand pocket for medical beds. Increasing geriatric population, rising medical emergencies, and high prevalence of chronic diseases are some of the major factors that are driving demand for medical beds across geographies.

𝗞𝗲𝘆 𝗧𝗮𝗸𝗲𝗮𝘄𝗮𝘆𝘀 𝗳𝗿𝗼𝗺 𝗠𝗮𝗿𝗸𝗲𝘁 𝗦𝘁𝘂𝗱𝘆

• The global medical beds market is anticipated to rise at CAGR of 3.7% over the forecast period (2022 to 2032).
• Sales revenue from the global market is expected to be approximately US$ 5.5 Bn by 2032-end.
• Market in the APAC region is expected to rise at the fastest CAGR over the next ten years.
• The global market net worth was around US$ 3.69 Billion in 2021.
• Rising geriatric population, technological advancements, and increasing demand from various institutions are some of the major factors propelling the market.

𝗖𝗼𝗺𝗽𝗲𝘁𝗶𝘁𝗶𝘃𝗲 𝗟𝗮𝗻𝗱𝘀𝗰𝗮𝗽𝗲

• In June 2021, RegeneratOR Test Bed was officially launched. This bed was launched and developed with an initiative to drive the regenerative medicine field. This new bed combines various technologies such as artificial intelligence and machine learning to provide optimized solutions to patients.
• In March 2020, Hillrom, a leading name in the medical equipment and device manufacturing industry, announced that it would increasing the production capacity of critical care products such as hospital beds and ventilators. This announcement was made as coronavirus infections were peaking and a shortage of essential medical equipment was seen across the world.

𝗠𝗮𝗷𝗼𝗿 𝗠𝗲𝗱𝗶𝗰𝗮𝗹 𝗕𝗲𝗱𝘀 𝗦𝗲𝗿𝘃𝗶𝗰𝗲 𝗣𝗿𝗼𝘃𝗶𝗱𝗲𝗿𝘀

• Stryker Corporation
• Hill-Rom Holdings Inc.
• Getinge AB
• Invacare Corporation
• Amico Corporation
• Medline Industries Inc.
• LINET spol. s r.o.
• Stiegelmeyer GmbH & Co. KG
• Span-America Medical Systems Inc.
• Merivaara Corp

𝗜𝗻𝗱𝘂𝘀𝘁𝗿𝘆 𝗦𝘂𝗿𝘃𝗲𝘆

• By Product Type :
o Electric Medical Beds
o Semi-Electric Medical Beds
o Manual Medical Beds

• By End User :
o Hospitals
o ASCs
o Other Facilities

• By Application :
o Intensive Care Beds
o Non-intensive Care Beds

• By Usage :
o Acute Care Beds
o Psychiatric Care Beds
o Long-term Care Beds
o Bariatric Beds
o Others

• By Region :
o North America
o Latin America
o Europe
o APEJ
o Japan
o Middle East & Africa

𝗠𝗼𝗿𝗲 𝗩𝗮𝗹𝘂𝗮𝗯𝗹𝗲 𝗜𝗻𝘀𝗶𝗴𝗵𝘁𝘀 𝗔𝘃𝗮𝗶𝗹𝗮𝗯𝗹𝗲

This global medical beds survey provides a detailed assessment while providing with the data for historic period (2017-2021) and also predictive insights for the forecast period of 2022-2032.
The report defines the medical beds market in terms of segments to make it comprehensive and effective. The segmentation is on the basis of product type (electric beds, semi-electric beds, and manual beds), end user (hospitals, ASCs, and other facilities), application (intensive care and non-intensive care), and usage (acute care, long-term care, psychiatric and bariatric care, and others), across six major regions of the world (North America, Latin America, Europe, Japan, APEJ, and MEA).

𝗚𝗲𝘁 𝗖𝘂𝘀𝘁𝗼𝗺𝗶𝘇𝗮𝘁𝗶𝗼𝗻 𝗼𝗻 𝘁𝗵𝗶𝘀 𝗥𝗲𝗽𝗼𝗿𝘁 𝗳𝗼𝗿 𝗦𝗽𝗲𝗰𝗶𝗳𝗶𝗰 𝗥𝗲𝘀𝗲𝗮𝗿𝗰𝗵 𝗦𝗼𝗹𝘂𝘁𝗶𝗼𝗻𝘀:
https://www.factmr.com/connectus/sample?flag=RC&rep_id=310?AS

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This release was published on openPR.