Medical Beds Market In-Depth Profiling With Key Players and Recent Developments, Forecast Period: 2020-2027

The research report provides deep insights into the global market revenue, parent market trends, macro-economic indicators, and governing factors, along with market attractiveness per market segment. The report provides an overview of the growth rate of the Medical Beds market during the forecast period, i.e., 2020–2027. Most importantly, the report further identifies the qualitative impact of various market factors on market segments and geographies. The research segments the market on the basis of product type, application, technology, and region. To offer more clarity regarding the industry, the report takes a closer look at the current status of various factors including but not limited to supply chain management, niche markets, distribution channel, trade, supply, and demand and production capability across different countries.

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Global Medical Beds Market Study

The medical beds market accounted to US$ 3.58 Bn in 2018 and is expected to grow at a CAGR of 5.4% during the forecast period 2019 - 2027, to account to US$ 5.7 Bn by 2027.

The Asia Pacific market is expected to grow at highest rate during the forecast period owing to rising geriatric population, increasing prevalence of chronic diseases, increasing number of hospitals, and increased government investments. In addition, technological advancements in medical devices are expected to fuel the medical beds market  growth in Asia Pacific region.

Market Insights

Rising Prevalence of Chronic Diseases is expected to boost the market growth over the years Chronic diseases, including diabetes, cancer, heart disease, and obesity, are the leading causes of death in the world and account for most of the nation’s health care costs. According to the International Diabetes Federation (IDF), in 2017, number of people with diabetes in North America was approximately 46 million which is expected to grow at 62 million in 2045. The increase in the disease prevalence is around 35% during the forecast period. According to report of CDC, in 2018, approximately more than 9% of the population has diabetes, which is the leading cause of kidney failure, lower-limb amputations in US. Moreover, the data also suggests that 1.5 million Americans are diagnosed with diabetes every year in the US. Similar trends for high presence of diabetes are prevalent around other geographies of the globe that include Asia Pacific, Europe, Middle East and Africa. For instance, according to IDF Diabetes Atlas published by the International Diabetes Federation in 2017, South-East Asia is home to approximately one-fifth (19%) of the total diabetes population worldwide.

Major vendors covered in this report:

  • Stryker
  • Famed Żywiec Sp. z o.o.
  • Medline Industries, Inc.
  • Malvestio Spa
  • Invacare Corporation
  • Merivaara Corp.
  • Paramount Bed Co., Ltd.
  • Amico Group
  • Linet
  • Gendron Inc.

The report profiles the key players in the industry, along with a detailed analysis of their individual positions against the global landscape. The study conducts SWOT analysis to evaluate strengths and weaknesses of the key players in the Medical Beds market. The researcher provides an extensive analysis of the Medical Beds market size, share, trends, overall earnings, gross revenue, and profit margin to accurately draw a forecast and provide expert insights to investors to keep them updated with the trends in the market.

Competitive scenario:

The study assesses factors such as segmentation, description, and applications of Medical Beds industries. It derives accurate insights to give a holistic view of the dynamic features of the business, including shares, profit generation, thereby directing focus on the critical aspects of the business.

Scope of the Report

The research on the Medical Beds market focuses on mining out valuable data on investment pockets, growth opportunities, and major market vendors to help clients understand their competitor’s methodologies. The research also segments the Medical Beds market on the basis of end user, product type, application, and demography for the forecast period 2021–2027.  Comprehensive analysis of critical aspects such as impacting factors and competitive landscape are showcased with the help of vital resources, such as charts, tables, and infographics.

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MEDICAL BEDS – MARKET SEGMENTATION

  • By Usage
    • Acute Care
    • Long-Term Care
    • Psychiatric & Bariatric Care
    • Other Usage
  • By Type
    • Manual Beds
    • Semi-Electric Beds
    • Electric Beds
  • By Application
    • Intensive Care
    • Non-Intensive Care
  • By End User
    • Hospitals
    • Elderly Care Facilities
    • Nursing Home
    • Home Care Settings

Medical Beds Market Segmented by Region/Country: North America, Europe, Asia Pacific, Middle East & Africa, and Central & South America

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Posted by on Thursday April 02 2020, 5:59 AM EDT. All trademarks acknowledged. Filed under Healthcare. Comments and Trackbacks closed. Follow responses: RSS 2.0

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