Hospital Beds Market To Be Worth 4,824.2 Million By 2023 Growing at a CAGR of 5.5% | Market Research Future

The increase in number of ECG machines and their need can favor expansion of the market in the analysis period. The availability of advanced type hospital beds can also promote expansion of the market in the study period. The increase in prevalence of different chronic malaises and rise in number of ambulatory centers can promote expansion of the market in the years ahead.

Market Research Future (MRFR) assessed the worldwide hospital beds 2020 through the assessment period from 2017 to 2023. By 2023, the global hospital beds market can surge at 5.5% CAGR. The hospital beds market value can rise at USD 4,824.2 Mn by 2023 from USD 2,515.1 Mn in 2016 by 2023. However, expensive hospital beds, such as semi-electric and electric beds can counter the market rise in the forecast period.

Regional Analysis

As per MRFR regional assessment, the hospital bed market in Europe can secure the largest share of the worldwide market. Europe hospital beds market can valued above USD 916.6 Mn and rise at 5.5% CAGR across the analysis period. In Asia Pacific, the hospital bed market can surge at 5.9% CAGR through the forecast period. Europe can dominate the worldwide hospital bed market due to hike in healthcare spending, well-developed healthcare sector, favorable reimbursement policies, and rise in government support can favor the expansion of the market through the assessment period.

The U.K. can rise at decent pace and earn greater than USD 916.6 Mn at 5.5% CAGR through the forecast period. In the Americas, the well-developed healthcare ecosystem, huge geriatric population, and hike in investment in healthcare research and development can support the expansion of the regional hospital beds market. In Asia Pacific, the hospital beds market can surge at a decent pace. In the Middle East and Africa, decline in healthcare spending and no easy access to limited technologies can support expansion of the market in the analysis period.

Avail Free Sample Copy Here @https://www.marketresearchfuture.com/sample_request/898

Market Segmentation

The segment assessment for the global hospital beds market is done by type, end-users, and power.

The type-based segments of the global hospital beds market are psychiatric & bariatric care, acute care, and long-term care among others. Maternity beds and rehabilitation beds are among these others. The Acute care bed segment can earn about 58.7% share of the worldwide hospital beds market by the end of the review period.

The power-based segments of the hospital beds are semi-electric bed, electric bed, and manual bed.

The end-users-based segments of the hospital beds market are ambulatory, hospitals, and clinics among others.

Competitive Analysis

Owing to the presence of the huge player in the market, some players are involved in the launching of the new products. Whereas, some major player are focusing on the acquisition and collaboration for the development of the market.

Get Covid-19 Impact Analysis on the Market:https://www.marketresearchfuture.com/enquiry/898

The key players profiled in hospital beds are Hill-Rom Holdings (U.S.), Stryker Corporation (U.S.), Linet spol. s r.o. (Czech Republic), Invacare Corporation (U.S.), Paramount Bed Holdings Co., Ltd. (Japan), Gendron Inc. (U.S.), and Getinge AB (Sweden).

Some of the latest development in the market are-

June 2017, Linet spol. s r.o. is a leading global supplier of hospital beds, headquartered in Slany, Czech Republic. The company has enhanced the Eleganza 5 bed safety system by introducing i-Brake system and lowered siderail sensors this product has been equipped to increase the safety of the patients.

May 2017, Hill-Rom Holdings, headquartered in Batesville, Indiana, US, is one of the leading global medical technology company. Recently 2017 the company announced the launch of the new Hill-Rom 900 Accella bed system for higher acuity patients in intensive and acute care settings. Additionally, in 2016, the company acquired Tridien Medical which has improve the manufacturing and supplying of the products.

Check Discounts before Purchase Report @https://www.marketresearchfuture.com/check-discount/898

About Us:

Market Research Future (MRFR) is a world-renowned market research company that offers a wide range of services, complete with accurate and precise analysis about diverse markets, sub-markets and target consumers. Our approach is a combination of extensive information and multiple data sources that help provide an exhaustive comprehension about the latest major developments to the client, in addition to future events and what measures and decisions to take on the basis of the same.

Our fast emerging market research firm is armed with an adept research analysts’ team that focuses on gathering useful data and analytics in terms of economic and technological advances. Our proficient analysts conduct industrial visits in a bid to achieve reliable and accurate information from established market participants. One of our foremost objectives is to keep the client well-versed with all the lucrative opportunities as well as challenges surrounding various global markets. We offer step-by-step guidance to our clients, through consulting and strategic services, enabling them to arrive at a practical and effective decision.

Tags: Hospital Beds Market Share, Hospital Beds Market Analysis, Hospital Beds Market Forecast, Hospital Beds, Hospital Beds market growth, Hospital Beds Market, Hospital Beds Market Size See Campaign: https://www.marketresearchfuture.com/press-release/hospital-bed-industry
Contact Information:
Market Research Future Office No. 528, Amanora Chambers Pune – 411028 Maharashtra, India Phone: +1 646 845 9312 Email: sales@marketresearchfuture.com

Tags:
, Reportedtimes, iCN Internal Distribution, Research Newswire, English