Global Medical Bed Market, By Product (Acute Care Beds, MedSurg Beds, ICU Beds, Pediatric Beds, Birthing Beds, Long-term Care Beds, Psychiatric Care Beds, Bariatric Care Beds and Others), Application (Intensive Care and Non Intensive), Type (Electric Beds, Semi Electric Bed and Manual Bed), End User (Hospital, Home Care and Elderly Care), Country (U.S., Canada, Mexico, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia- Pacific, Brazil, Argentina, Rest of South America, South Africa, Saudi Arabia, UAE, Egypt, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2028
The medical bed market is witnessing an upsurge in its market value and this can be attributed to the rapid increasing demand for medical beds for acute, long term, psychiatric and maternity care of the patients. Data Bridge Market Research analyses that the medical bed market will exhibit a CAGR of around 6.63% for the forecast period of 2021-2028.
Medical beds are the most essential when it comes to the equipment and apparatuses required in a hospital, clinic or ambulatory surgery centre. Medical beds are most commonly used during an examination, diagnosis of a disease, treatment of a patient and transportation of a patient. These are designed keeping in mind the safety and comfort level of the patients. There are different types of medical beds namely manual, electric and semi-electric beds.
With the rapid growth and expansion of the healthcare sector around the world, the demand for medical beds is bound to multiply. Technological advancements, improving healthcare infrastructure and increased research and development in the healthcare sector in developing countries have boomed up the pace of growth of the medical bed market. The rising number of patients with acute and chronic diseases, rising number of accidents, rising pregnant population and rising geriatric population will, in turn, bolster the medical bed market growth. In the current scenario, where the world is suffering from coronavirus, the need, demand and supply of medical beds have caught fire.
However, limited medical beds in hospitals especially public hospitals will slow down the rate of growth of the market. Also, the number of medical beds around the world cannot match up to the level of the increasing population that needs medical treatment. This is thus one of the biggest challenges for the market.
This medical bed market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on medical bed market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Medical Bed Market Scope and Market Size
The medical bed market is segmented on the basis of product, application, type and end user. The growth amongst these segments will help you analyse meagre growth segments in the industries, and provide the users with valuable market overview and market insights to help them in making strategic decisions for identification of core market applications.
- On the basis of product, the medical bed market is segmented into acute care beds, medSurg beds, ICU beds, pediatric beds, birthing beds, long-term care beds, psychiatric care beds, bariatric care beds and others.
- On the basis of application, the medical bed market is segmented into intensive care and non-intensive care medical beds.
- On the basis of type, the medical bed market is segmented into electric beds, semi electric bed and manual bed.
- The medical med market can also be segmented on the basis of end user into hospital, home care and elderly care.
Medical bed Market Country Level Analysis
The medical bed market is analysed and market size insights and trends are provided by country, product, application, type and end user as referenced above.
The countries covered in the medical bed market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
Europe holds the dominant position in the medical bed market. This is because of the prevalence of high number of patients with cardiovascular diseases, diabetes coupled with the increasing obese population. Also, developed healthcare infrastructure in the region will create more lucrative growth opportunities. Asia-Pacific will witness the highest growth rate for the forecast period owing to the prevalence of large number of population in need of medical treatment. Rising expenditure to improve the healthcare infrastructure coupled with increased schemes and initiatives by the government to bolster the growth of healthcare sector will further create more scope of growth for the medical bed market in this region.
The country section of the medical bed market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Medical Bed Market Share Analysis
The medical bed market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to medical bed market.
The major players covered in the medical bed market report are Hill-Rom Services, Inc., Invacare Corporation., Medical Depot, Inc., Stryker, Arjo., Gendron Inc., GF HEALTH PRODUCTS, INC., HARD Manufacturing Company, Inc., Umano Medical inc., Transfer Master, American Medical Equipment, ProBed Medical Technologies Inc., Amico Group of Companies., Getinge AB., ANTANO GROUP, Merivaara, Stiegelmeyer GmbH & Co. KG, LINET., PARAMOUNT BED CO., LTD. and Mobility Aids Sales And Services among other domestic and global players. Market share data is available for Global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
Customization Available : Global Medical Bed Market
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