Hospital beds Market Gains Momentum with a Striking CAGR of 5.5% by 2023
Acknowledging its growing popularity and the market growth, Market Research Future, recently published a study report – The Global Hospital beds Market. Which indicates that the Market is booming and estimated to gain further prominence over the forecast period. Further MRFR asserts that the Market will demonstrate a massive growth by 2023, phenomenally superseding its previous growth records in terms of value with a whooping CAGR during the anticipated period. The global Hospital beds market is expected to reach USD 4,824.2 million by 2023 from USD 2,515.1 million in 2016 at a CAGR of 5.5% during the forecasted period of 2017-2023.
Market Research Future published new report, titled “Hospital Beds Market -Research Report: Global Forecast till 2023”.
Some of the Key Players in this market: Hill-Rom Holdings, Stryker Corporation, Linet spol. s r.o., Invacare Corporation, Paramount Bed Holdings Co., Ltd., Gendron Inc., and Getinge AB.
Market Highlights of Global Hospital Beds Market:
Hospital beds are specially designed for hospitalized patients who are in need of some form of health care services. Different types of hospital beds are available in the market such as advanced electric and semi electric beds.Increasing prevalence of diseases, rising geriatric population, and increasing number of hospitals & clinics drive the growth of the market. According to the WHO, the number of people aged over 65 was approximately 524 million in 2010, which will reach 1.5 billion by 2050. Furthermore, increasing healthcare spending have fuelled the market growth. However, high cost of the advanced hospitals beds such as electric and semi-electric beds may slow the growth of the market during the forecasted period.
Market Segments:
The global hospital beds market is majorly segmented on the basis of type, power, end users, and regions.
On the basis of types, the global hospital beds market is segmented into acute care, long-term care, psychiatric & bariatric care, and others (maternity and rehabilitation beds).
Based on the power, the market is segmented into electric bed, semi-electric bed, and manual bed.
Based on end users, the global hospital beds market is segmented into hospital, clinics, ambulatory, and others.
Taste the market data and market information presented through more than 140 market data tables and figures spread over 118 pages of the project report. Avail the in-depth table of content TOC & market synopsis on “hospital beds market research report–Global forecast till 2023.”
Regional Analysis:
The global hospital beds market is segmented into four regions: the Americas, Europe, Asia Pacific, and the Middle East & Africa.
Europe holes the largest share of the global hospital beds market due to increasing government support and high healthcare spending. Moreover, continuous technological development and the growing presence of the global market leaders contribute to the market growth. The Americas is the second largest market due to strong economic conditions, huge geriatric population, and well-developed healthcare sector. Moreover, improving reimbursement policies is expected to fuel the growth of this market.
Asia Pacific is the fastest growing market due increasing prevalence of chronic diseases, growing government encouragement in healthcare sector, and increasing geriatric population will boost the market growth over the forecasted period. Additionally, increasing number of hospitals, increasing number of life-threatening diseases, and increasing healthcare expenditure have fueled the growth of the market.
However, the Middle East & Africa holds the least share in the market due to limited access to the healthcare resources and lack of technological development in healthcare facilities.
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The report on the Global Hospital Beds Market of Market Research Future comprises of extensive primary research along with the detailed analysis of qualitative as well as quantitative aspects by various industry experts, key opinion leaders to gain deeper insight to the market and industry performance. The report gives a clear picture of the current market scenario which includes historical and projected market size in terms of value and volume, technological advancement, macro economical and governing factors in the market. The report provides details information and strategies of the top key players in the industry. The report also gives a broad study of the different market segments and regions
Major Table of Contents:
Chapter 1. Report Prologue
Chapter 2. Introduction
Chapter 3. Research Methodology
Chapter 4. Market Dynamics
Chapter 5. Market Factor Analysis
Chapter 6. Global Hospital Beds Market, By Type
Chapter 7. Global Hospital Beds Market, By Power
Chapter 8. Global Hospital Beds Market, By End User
Chapter 9. Global Hospital Beds Market, By Region
Chapter 10. Company Landscape
Chapter 11. Company Profile
Chapter 12. MRFR Conclusion
Chapter 13. Appendix
...CONTINUED
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Posted by
Vivian Dsena
on Thursday November 30 2017, 4:15 PM EST.
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