PUNE, India, Dec. 07, 2017 (GLOBE NEWSWIRE) -- Hospital beds are the specialized beds which are used to furnish extra comfort and provide relief and assistance to patients during the time of hospitalization. The key features of hospital beds include adjustable side rails and height along with operating buttons for electronic devices. These features make hospital beds more patient friendly and furnish ambient comfort to the patients. During the critical times in the hospitalization of patients, the beds are supposed to be designed in such a way that gives them extra and utmost comfort and helps in securing them from any external damage. Special hospital beds are packed with additional features and facilities which help in supplementing relief to the patient during operation as well as recovery periods.
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Market Dynamics
Some of the major factors acting as driving forces in the growth of the global hospital beds market include increasing ageing population, rising prevalence of chronic diseases, technological advancements in healthcare and medical industry and increasing number of hospitalization cases. In addition, enhanced and improved infrastructure of healthcare coupled with growing middle class population as well as increasing investments for advancement of healthcare sector are some key elements propelling the growth of the global hospital beds market. Moreover, rising number of advanced hospitals, especially in emerging economies such as India, China, Indonesia, Malaysia, Russia, Poland, Chile, Peru, Saudi Arabia, South Africa, Turkey, etc. will fuel the overall demand for hospital beds in the foreseeable years.
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However, high initial costs of hospital beds is a key factor hampering the growth of the hospital beds market since such high cost restricts its affordability in the developing and low income geographies. Also, rising consumer preference towards highly facilitated and efficiently equipped hospitals is another crucial factor accelerating the growth of the hospital beds market over the forecast period. Moreover, customized hospital beds manufactured according to the specific needs of patients is also a major aspect fueling the overall hospital beds market across the globe. Various electronic medical devices are attached to hospital beds to ensure ease of operation and extra comfort to the patients and is a key trend pertaining in the hospital beds market.
Market Classification
The global hospital beds market can be segmented on the basis of product type, technology, end-user and geography. By product type, the global hospital beds market can be segmented into regular beds, pediatrics bed, respiratory beds, ICU beds, bariatric beds, bathing beds, homecare beds, pressure relief beds and others. By technology, the global hospital beds market can be segmented into electrically powered and manual. On the basis of end-user, the global hospital beds market can be segmented into hospitals, home care settings, elderly home, ambulatory setting and others. On the basis of region, the global hospital beds market can be segmented into North America, Latin America, Europe, Middle East & Africa (MEA) and Asia-Pacific.
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Report Coverage
Market : Global Hospital Beds Market
Analysis Period: 2014 – 2024
Historic Data: 2014 – 2015
Base Year: 2016
Forecast Data: 2017 – 2024
Market Stratification: Product Type, Technology, End User, Geography
Regional Scope: North America, Europe, Asia-Pacific, Latin America, Middle East and Africa (MEA)
Report Coverage: Market Trends, Drivers, Restraints, Porter's Five Forces Analysis, Competitive Analysis, Player Profiling, Value Chain Analysis
Market Participants
Key healthcare product manufacturers across the globe are more likely to have a sub-categorized manufacture of hospital beds over the forecast period. They are also focusing on key strategies such as collaborations and mergers to bring advancements in their product portfolios. Increasing developments in healthcare and medical devices and equipment are replacing the traditional, outdated and existing conventional hospital beds by providing advanced ones owing to the increase in overall demand. Some of the major players in the hospital beds market include Paramount Bed Co. Ltd., Getinge Group, Stryker, LINET spol. s r.o., Hill-Rom Holdings, Inc., ArjoHuntleigh, Invacare Corporation and Medline Industries, Inc., among others.
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Market Segmentation
Market By Product Type
- Regular beds
- Pediatrics bed
- Respiratory beds
- ICU beds
- Bariatric beds
- Bathing beds
- Homecare beds
- Pressure relief beds
- Others
Market By Technology
- Electrically powered
- Manual
Market By End User
- Hospitals
- Home care settings
- Elderly home
- Ambulatory setting
- Others
Market By Geography
- North America
o US
o Canada
o Mexico - Europe
o UK
o Germany
o France
o Rest of Europe - Asia-Pacific
o China
o Japan
o India
o Australia
o Rest of Asia-Pacific - Latin America
o Brazil
o Chile
o Rest of Latin America - Middle East and Africa (MEA)
o South Africa
o Saudi Arabia
o Rest of MEA
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