Europe, Middle East & Africa Hospital Bed Market Leading Key Players Stryker Corporation, Hilli Rom Holding. Inc Analysis and Forecasts Till 2023

Hospital Beds are the primary requirements for the healthcare facilities providers. The prime objective of these care centers are to provide comfort and relief to the patients. When patient arrives in the hospital he is unable to move. The beds available for the purpose of healthcare are specially designed for the comfort of the patients.

Patients with conditions like cardiac problems, cancer, renal problems, bone fractures, spine fracture, pregnant women, old aged people and children are the major utilizers of hospitals beds. Patients are made comfortable in hospitals with the different features of beds. As the beds are available with all features required by the patient conditions. The only matter of concern is of price of the beds. But the governments and the private companies do spend much on the healthcare expenditures that helps the user to utilize the facilities.    

Hospital Beds used in the healthcare facility centers are customized or specially modified beds. The modifications are made to for convenience of the patients. The modifications are made for the purpose of adding features to the beds. The features include adjustable heights, adjustable size, and also for the sections like head and feet. The features also include wheels, automations button for the electric devices and side trail rails and many more.

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Europe, Middle East & Africa region is steady growing market for the hospital bed. The Europe market for hospital bed is expected to grow at a CAGR of 4% during the forecasted period. The Europe market value was estimated USD 1,650 million in 2015 and is expected to reach USD 2,100 million by 2023. This is due to increasing expenditures on advanced technology for healthcare and increasing number of chronic and non-chronic diseases. Where the market for the Middle East & Africa is expected to grow at a rate of 2.5% CAGR during the forecasted period. The market in Middle East and Africa are rising due to the government schemes and consolidation schemes for the people. The market for Middle East & Africa is less than the developed countries.

Table of Content:

1    Report Prologue   
2    Market Introduction   
      2.1    Introduction   
      2.2    Scope of Study   
      2.3    Research Objective   
      2.4    Assumptions & Limitations   
            2.4.1    Assumptions   
            2.4.2    Limitations   
3    Research Methodology   
      3.1    Research Process   
      3.2    Primary Research   
      3.3    Secondary Research   
4    Market Dynamics   
      4.1    Drivers   
            4.1.1    Improving Medical Furniture/Device Regulation   
            4.1.2    Growing Incidence Number of Chronic and Non-Chronic Diseases   
            4.1.3    Increasing Prevalence of Disease   
            4.1.4    Increasing Inclination towards Healthcare Hospital & Home Based Facilities   
      4.2    Restraints   
            4.2.1    Problems Associated With Features of Bed   
5    Market Factor Analysis   
      5.1    Porter’s Five Forces Model   
            5.1.1    Bargaining Power of Suppliers   
            5.1.2    Bargaining Power of Buyers   
            5.1.3    Threat of New Entrants   
            5.1.4    Threat of Substitutes   
            5.1.5    Intensity of Rivalry   
      5.2    Supply Chain Analysis   

To be continued…

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