Press release
Hospital Beds Market Expected to Account US$ 6,731.8 Million by 2020
According to a new market report published by Persistence Market Research “Global Market Study on Hospital Beds: Asia to Witness Highest Growth by 2020“, the global hospital beds market was valued at USD 5,254.2 million in 2014 and is expected to expand at a CAGR of 4.2% from 2014 to 2020, to reach an estimated value of USD 6,731.8 million by 2020.Hospital beds refer to medical equipment used to provide care to patients during their hospitalization. Special features of hospital beds, such as adjustable heights of the bed and side rails controlled by electronic buttons, make them caretaker friendly and help provide better comfort to patients. Hospital beds can be classified on the basis of usage, power, and treatment. Globally, the hospital beds market is witnessing significant growth due to increasing prevalence of chronic diseases and increasing aging population. Moreover, increasing healthcare expenditure and technological advancements in this field are driving the market. However, high costs of advanced hospital beds restrain the hospital beds market. Similarly, decreasing demand for general hospital beds in developed countries is a major concern for the market. As a result, the market is expected to grow at a CAGR of 4.2% during 2014 – 2020.
Europe has the largest market for hospital beds. This is mainly due to increasing prevalence of chronic diseases and rising healthcare spending in the region. The European market for hospital beds was estimated at USD 1,643.2 million in 2014 and is expected to reach USD 2,010.2 million in 2020, expanding at a CAGR of 3.4%. The Asian market for hospital beds is expected to increase at a significant rate due to large population base, growing hospital infrastructure, and improving reimbursement scenario in the region. On the basis of power, manual beds account for the largest and fastest growing segment. On the basis of treatment, acute care beds account for the largest segment, while critical care beds account for the fastest growing segment in the global hospital beds market.
A Sample of this report is available upon request @ www.persistencemarketresearch.com/samples/2815
Hill-Rom Holdings, Inc., Getinge Group, and Stryker are some of the leading players in the global market for hospital beds. Some of the other major players in the market are Paramount Bed Co., Ltd., Invacare Corporation, and LINET spol. s r.o.
To Buy Full Report for a Single User @ www.persistencemarketresearch.com/checkout/2815
About Us
Persistence Market Research (PMR) is a third-platform research firm. Our research model is a unique collaboration of data analytics and market research methodology to help businesses achieve optimal performance.
To support companies in overcoming complex business challenges, we follow a multi-disciplinary approach. At PMR, we unite various data streams from multi-dimensional sources. By deploying real-time data collection, big data, and customer experience analytics, we deliver business intelligence for organizations of all sizes.
Contact Us
Persistence Market Research
305 Broadway
7th Floor, New York City,
NY 10007, United States,
USA - Canada Toll Free: 800-961-0353
Email: sales@persistencemarketresearch.com
Web: http://www.persistencemarketresearch.com
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Hospital Beds Market Expected to Account US$ 6,731.8 Million by 2020 here
News-ID: 548913 • Views: …
More Releases from Persistence Market Research

North America Wiring Devices Market Projected to Reach USD 26.46 Billion by 2031
Overview of the North America Wiring Devices Market
The North America wiring devices market is poised for steady growth over the forecast period, with its size estimated at US$ 18.96 billion in 2024, projected to reach US$ 26.46 billion by 2031, reflecting a CAGR of 4.9%. The market is witnessing substantial expansion due to increasing urbanization, a rising number of residential and commercial construction projects, and the adoption of energy-efficient and…

Global Forged Automotive Components Market Poised for Steady Growth, Projected t …
The global forged automotive components market is on a robust growth trajectory, currently valued at approximately US$ 50.3 billion in 2025 and forecasted to expand to US$ 70.7 billion by the end of 2032. This growth represents a compound annual growth rate (CAGR) of 5.0% over the coming decade, driven by increasing automotive production, technological advancements, and evolving consumer preferences toward durable, high-performance vehicle parts.
Forged automotive components are critical to…

Global Electric Cargo Bike Market Set to Accelerate at 11.9% CAGR, Reaching US$ …
The global electric cargo bike market is set to experience substantial growth over the coming decade, with Persistence Market Research (PMR) forecasting a compound annual growth rate (CAGR) of 11.9% from 2023 through 2032. Valued at approximately US$ 800 million in 2021, the market is expected to surge to a projected valuation of US$ 2.14 billion by the end of 2032. Notably, electric cargo bikes accounted for 66.2% of the…

Bicycle Bearings Market Set for Steady Growth with 6.5% CAGR Through 2032, Drive …
The global bicycle bearings market is poised for significant expansion over the forecast period of 2025 to 2032, according to the latest report released by Persistence Market Research. Valued at approximately US$ 5.99 billion in 2024, the market is projected to reach US$ 6.35 billion by 2025 and further escalate to nearly US$ 9.86 billion by 2032. This growth trajectory reflects a compound annual growth rate (CAGR) of 6.5%, underscoring…
More Releases for Hospital
Hip Replacement hospital in LB Nagar | Anvik Hospital
**Total Hip Replacement Surgery at Anvik Hospitals: A Path to Pain-Free Living**
Total Hip Replacement (THR) is a transformative surgical procedure that alleviates chronic pain and restores mobility for individuals suffering from debilitating hip joint conditions. At Anvik Hospitals, we pride ourselves on offering advanced hip replacement solutions that are designed to provide long-lasting relief and significantly improve joint function, allowing patients to regain their quality of life.
### Understanding Total Hip…
Medical Tourism Market Detailed In New Research Report 2024 | Mission Hospital, …
Medical Tourism Market Trends Overview 2024-2031:
A new Report by Coherent Market Insights, titled "Medical Tourism Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2024-2031," offers a comprehensive analysis of the industry, which comprises insights on the Medical Tourism market analysis. The report also includes competitor and regional analysis, and contemporary advancements in the market.
This report has a complete table of contents, figures, tables, and charts, as well as insightful…
Beyond Pet Care: The Modern Veterinary Hospital Experience | All Pets Veterinary …
Veterinary Hospital Market 2023 Forecast: Unveiling Opportunities and Growth
Veterinary Hospital market report presents an overview of the market on the basis of key parameters such as market size, revenue, sales analysis and key drivers. The market size of global Veterinary Hospital market is anticipated to grow at large scale over the forecast period (2023-2029). The main purpose of the study report is to give users an extensive viewpoint of the…
Outpatient Surgical Procedures Market 2023 | Futuristic Trends- Hornsby Ku-ring- …
The Outpatient Surgical Procedures research report combines vital data incorporating the competitive landscape, global, regional, and country-specific market size, market growth analysis, market share, recent developments, and market growth in segmentation. Furthermore, the Outpatient Surgical Procedures research report offers information and thoughtful facts like share, revenue, historical data, and global market share. It also highlights vital aspects like opportunities, driving, product scope, market overview, and driving force.
Download FREE Sample Report…
Global Hospital Furniture Market by Type (Hospital Bed, Hospital Chair & Bench, …
Report Overview
The size of the global market for hospital furniture was evaluated at USD 9.11 billion in 2022, and it is expected to rise at a CAGR of 6.8% from 2023 to 2032. The market is expanding as a result of reasons including the rising number of hospital admissions worldwide, attractive insurance and payment scenarios, and government support for hospitals included in the healthcare industry. In addition, the incidence of…
Canada Hospital Supplies Market Report - Disposable Hospital Supplies, Hospital …
ReportsnReports added a new report on The Canada Hospital Supplies Market report that delivers the clean elaborated structure of the Report comprising each and every business-related information of the market at a global level. The in-depth study on the current state which focuses on the major drivers and restraints for the key players. Canada Hospital Supplies Market Industry research report provides granular analysis of the market share, segmentation, revenue forecasts,…