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Published Thu, Feb 7th 2019

Hospital Beds Market Expected To Remain the Largest Market during the Forecast Period 2019-2025 with key players such as Invacare Corporation, Paramount Bed Holdings Co. Ltd., Dendron Inc., Medline Industries Inc.

The market is mainly driven by the growing occurrence of chronic diseases, growing healthcare expenditure, surging aging population, and growth of progressive hospital bed solutions.

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Medical equipment such as hospital beds are mainly in demand in healthcare services, irrespective of the region or country. In the critical time when patients are hospitalized, beds need to be designed in a manner that give them utmost comfort and secure them from outside damage. Hospital beds are expected to be packed with extra services that supplement the patient’s relief while the operation as well as during recovery period. The global market for hospital beds will expand at +5% CAGR, with the market value rising to US$ 6,731.8 million by 2025 from US$ 5,254.2 million recorded in 2019. The market is mainly driven by the growing occurrence of chronic diseases, growing healthcare expenditure, surging aging population, and growth of progressive hospital bed solutions.

The report provides separate comprehensive analytics for the US, Canada, Japan, Europe, Asia-Pacific, Latin America, and Rest of World. Annual estimates and forecasts are provided for the period 2016 through 2024. Also, a five-year historic analysis is provided for these markets. Market data and analytics are derived from primary and secondary research.

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Top key players:
Invacare Corporation, Paramount Bed Holdings Co. Ltd., Dendron Inc., Medline Industries Inc., LINET spol. S r.o., Hill-Rom Holdings Inc., Savion Industries, Stryker Corporation, and Gating Group.

The tremendous improvement in healthcare infrastructure is increasing medical tourism in emerging frugalities, thereby increasing the demand for hospital beds in the region. Malaysia, Singapore, India, and Thailand have appeared as profitable endpoints for medical tourism, which further propels the growth of the hospital bed industry in APAC.

Among the key regions such as North America, Asia, Europe and the Rest of the World. Europe is slated to dominate the global hospitals bed market throughout the forecast period. Increasing healthcare expenditure in Europe’s medical industry has fomented consumers and healthcare organizations towards buying advanced and relatively expensive hospital beds.

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The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.

A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.

Highlights of the report:
  • A complete backdrop analysis, which includes an assessment of the parent market
  • Important changes in market dynamics
  • Market segmentation up to the second or third level
  • Historical, current, and projected size of the market from the standpoint of both value and volume
  • Reporting and evaluation of recent industry developments
  • Market shares and strategies of key players
  • Emerging niche segments and regional markets
  • An objective assessment of the trajectory of the market
  • Recommendations to companies for strengthening their foothold in the market  
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HealthCare Intelligence Markets Reports provides market intelligence & consulting services to a global clientele spread over 145 countries. Being a B2B firm, we help businesses to meet the challenges of an ever evolving market with unbridled confidence.

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