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North America Hospital Beds Market Analysis, Size, Growth and Demand, 2022
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The size of hospital bed market in North America has been increasing due to rising prevalence of chronic diseases and growing geriatric population. Adding to this, the increasing incidence of hospitalization, technological advancements in hospital beds and growing healthcare expenditure are also driving the market demand. On the basis of power, the beds are bifurcated into manual, semi-electric and electric beds. Among these, the manual beds are likely to witness the fastest growth, and are expected to generate a revenue of $996.8 million by 2022.
Factors such as high cost of hospital beds and injuries due to hospital beds have been creating a negative impact on the growth of the hospital bed market in the region.
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The key players operating in North America hospital bed market are Hill-Rom Holdings Inc., Stryker Corporation, Invacare Corporation, Gendron Inc., Medline Industries Inc., Savaria Corporation, Drive DeVilbiss Healthcare, Drägerwerk AG, LINET Americas, DIA Medical USA, UmanoMedical, Rotec International, and NOA Medical Industries Inc.
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