Hospital beds are specially designed for hospitalized patients or others in need of some form of health care. These beds have special features both for the comfort and well-being of the patient and for the convenience of health care workers. The global medical bed market will be growing at a CAGR of 5.6% to reach $4.0 Billion by 2025 from $2.88 Billion in 2019 during 2019-2025. Factors responsible for the growth of the market are increasing investments in healthcare infrastructural development and increase in a number of chronic care patients. However, excessive cost of specialty beds and decreasing volume of beds in public hospitals are major restraints hampering the growth of the market. Technological innovations in ICU beds and the growing trend of home care are creating major opportunities of the medical bed market.
Research Study Objectives:
- Define, estimate, and forecast the Medical Bed market statistics by usage, type, application, end user and regions concerning the individual growth drivers, market trends and their contribution toward the Medical Bed market growth
- Provides comprehensive information regarding the key factors influencing the market growth (Drivers, Restraints & Challenges, and Opportunities)
- Estimate & forecast the market size of all the segments concerning geographies including North America, Europe, Asia Pacific (APAC), South America and the Middle East and Africa (MEA).
- Recent competitive developments including M&A (Mergers and Acquisitions), Partnerships, and Product Innovations are provided in the Medical Bed Market Analysis report.
- Analysis and conclusions on the future Medical Bed market outlook.
Top-down and bottom-up approaches are used to validate the Medical Bed Market Size and are used to estimate the size of other dependent submarkets. Key players in the market are identified through various secondary
sources; databases including Bloomberg Businessweek, Hoovers, Factiva, journals and associations and the market revenues are estimated and are thoroughly validated through primary and secondary research. Secondary research involves the study of annual and financial reports of top players in the market, whereas primary research includes extensive interviews with the KoL’s such as CEOs, directors, board members, VP’s, sales managers, engineers, marketing executives, technicians, account managers, investors, strategic decision makers and others. The Medical Bed Market shares and breakdowns are determined using secondary sources and are verified by the primary sources. All possible parameters/factors that are affecting the Medical Bed market demand are covered in the research study are verified through primary research, analysed and interpreted to get the final qualitative and quantitative data. This data is collected and added with detailed analysis from Envision Inteligence and presented in this report.
The scope of the Report
The Medical Bed market segmentation is as follows:
By Usage
- Acute Care
- Long-Term Care
- Psychiatric and Bariatric Care
- Others
By Type
- Electric Beds
- Semi-Electric Beds
- Manual Beds
By Application
- Intensive Care
- Non-Intensive Care
By End User
- Hospitals
- Home Care Settings
- Elderly Care Facilities
Geographical Analysis:
Medical Bed Market is segmented by geography into North America, South America, Europe, Asia Pacific, and Middle East & Africa. U.S., Canada, Mexico and Costa Rica are analysed under North American region which is usually turning as the hotspot in the market. The South American region is further segregated into Brazil, Argentina, Chile, Columbia and some other emerging economies. In Europe, the market is extensively examined by covering U.K., Germany, France, Italy, Spain, Netherlands, Poland, Switzerland and some other promising economies. The Asia Pacific is further categorised by countries into China, India, Japan, South Korea, Australia & New Zealand, Malaysia, Singapore and
many other emerging nations. In the Middle East & African region, Saudi Arabia, UAE, Iran, Iraq, Qatar, South Africa, Algeria, Morocco, Nigeria and so on countries are evaluated to understand the market growth lucidly.
Customization Options:
With the given research report, Envision Inteligence offers customisations as per the client’s specific requirements. The following customisation options offered for the Medical Bed Market include:
- Scope Revision
- Geographic Analysis
- Company Profiles
- Historical Data & Forecasting
- Key Contact Persons in companies
Global Medical Bed Market Research Report Includes:
- An executive summary condensing the whole report such that essential authority can rapidly twist up doubtlessly acquainted with brief overview and conclusion.
- To have a complete market analysis through industry value chain analysis, Porter’s Five Force Model, PESTLE, SWOT analysis, and Y-o-Y analysis.
- Regional and global diversity is analysed with the major countries and the unions. Scrutinizing the revenue generation on Year-On-Year
- Identifying DROC in the current market and their impact on altering market dynamics.
- Competitive landscape analysis to identify the merger and acquisition which will have a comparative financial study with significant competitors.
- Expertise investment opportunities by an analyst to the individual and organisation to have a better foothold in the market.
- Identify the latest developments, market shares and strategies that are employed by the significant Medical Bed market players, such as
- Invacare Corporation
- Getinge AB
- Hill-Rom Holdings, Inc.
- Stryker Corporation
- Medline Industries, Inc.
- Along with these companies, many other companies are considered in the report while analysing the Global Medical Bed competitive strategies and environment. These companies held substantial share-owning to the nature of the industry whereas, the rest of the market shares are marginal chunks to regional and local level manufacturers. Other players also have considerable presence owing to its robust brand image, geographical reach and stable customer base.
