Hospital Bed Market Drives Remarkable Expansion and Patient Care by 2030 | Hill-Rom Holdings, Savion Industries, Paramount Bed, GendronMarket analysts at IBI anticipate that the Global Market for Hospital Beds, which was valued at $3.39 billion in 2021, will increase at a CAGR of 7.4% from 2022 to 2030 to reach $7.15 billion. To accommodate patients, hospitals have beds. They offer convenience for medical professionals and comfort to patients. The characteristics that allow the head end, foot end, or midsection of Hospital Beds to be raised as needed are among their uniquely designed features. Increased rates of traffic accidents and the number of surgical procedures are the two main factors driving the growth of the global Hospital Bed market. For example, the National Highway Traffic Safety Administration (NHTSA) of the United States Department of Transportation estimates that 38,680 persons will die in motor vehicle traffic accidents in 2020. The market for Hospital Beds is expected to grow as people's healthcare spending and awareness of modern surgical techniques both rise. Additionally, a rise in the elderly population fuels the market's expansion for Hospital Beds. For instance, the European Union's statistical agency, Eurostat, reported that in 2021, more than 20.8% of the population was 65 years of age or older.
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The Key companies profiled in the Hospital Bed Market:
Hill-Rom Holdings, Savion Industries, Paramount Bed, Gendron, Span-America Medical Systems, LINET, Getinge Group, Stiegelmeyer, Stryker Corporation, Invacare Corporation & Others.
Global Hospital Bed Market Split by Product Type and Applications
This report segments the Hospital Bed Market on the basis of Types:
Long-Term Care Beds
Critical Care Beds
Acute Care Beds
On the basis of Application, the Hospital Bed Market is segmented into:
General Purpose Bed
Pressure Relief Beds
Additionally, the rise of chronic disorders including diabetes, hypertension, and cancer fuels market expansion. For instance, the World Health Organisation (WHO) estimates that cancer will be the primary cause of roughly 10 million deaths globally in 2020. Thus, the rise in chronic illness prevalence fuels market expansion. The expansion of the industry is also fueled by an increase in hospitals, improved access to medical facilities throughout the world, and rising healthcare costs. For instance, the American Medical Association (AMA) estimates that health spending in the United States would grow by 9.7% to $4.1 trillion or $12,530 per person in 2020. Additionally, a surge in government initiatives to build cutting-edge healthcare facilities fuels Hospital Bed market expansion. The expansion of the industry is also driven by an increase in the private hospital sector, medical tourism, and ambulatory surgical clinics. Medical tourism lowers the cost of healthcare services, which encourages the use of medical services.
Offer, Flat 20% Off on Hospital Bed Market Report:
Hospital Bed market is split by Type and by Application. For the period 2018-2029, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.
The Hospital Bed Market report covers the following countries: the United States, Canada, Mexico, Brazil, Argentina, Peru, the rest of South America, Germany, France, the United Kingdom, the Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Hungary, Lithuania, Austria, Ireland, Norway, Poland, the rest of Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, the Philippines, and Vietnam.
Key Features Included in the Offering and Highlights of the Hospital Bed Market Reports:
• The Hospital Bed market is driven by the increasing demand for healthcare services and the aging population.
• Key features of Hospital Beds include adjustable height, backrest, and leg sections for patient comfort and caregiver convenience.
• Hospital Beds may have additional features such as electronic controls, side rails, integrated scales, and pressure redistribution systems.
• Different types of Hospital Beds are available, including manual, semi-electric, and fully electric beds.
• The market offers a wide range of specialized beds for specific medical conditions such as intensive care, bariatric care, and pediatric care.
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Major Point of Table of Contents:
Chapter 1 Industry Overview
Chapter 2 Global Hospital Bed Competition by Types, Applications, and Top Regions and Countries
Chapter 3 Production Market Analysis
Chapter 4 Global Hospital Bed Sales, Consumption, Export, Import by Regions (2017-2022)
Chapter 5 North America Hospital Bed Market Analysis
Chapter 6 East Asia Hospital Bed Market Analysis
Chapter 7 Europe Hospital Bed Market Analysis
Chapter 8 South Asia Hospital Bed Market Analysis
Chapter 9 Southeast Asia Hospital Bed Market Analysis
Chapter 10 Middle East Hospital Bed Market Analysis
Chapter 11 Africa Hospital Bed Market Analysis
Chapter 12 Oceania Hospital Bed Market Analysis
Chapter 13 South America Hospital Bed Market Analysis
Chapter 14 Company Profiles and Key Figures in Hospital Bed Business
Chapter 15 Global Hospital Bed Market Forecast (2023-2028)
Chapter 16 Conclusions
Global Hospital Bed Market Research FAQs
1. What is the study period of this market?
2. What is the growth rate of this Market?
3. Which region has the highest growth rate in this Market?
4. Which region has the largest share in this Market?
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