Electrical Hospital Beds Market Overview, Demand Analysis, Key Company Profiles, Business Overview, and Global Industry Forecast to 2023
Market Highlights:
The global electrical hospital beds market is
likely to attain a valuation of USD
2,595.4 Mn at a CAGR of 7.25% by the end of the forecast period
of 2018-2023, asserts Market Research Future (MRFR) in an in-depth study.
Electrical hospital beds are of paramount importance to patients with reduced
mobility. Patients with acute disease conditions such as paralysis, spinal
injuries, and others have witnessed a surge in number in recent years, and
electrical hospital beds are increasingly gaining traction among such patients.
Electrical hospital beds can be operated with minimal assistance and are of
great help to ailing patients. Medical emergency units generate a high demand
for electrical hospital beds since medical emergency rooms experience an influx
of patients with severe medical ailments. A growing number of accidents, wars,
and natural calamities have prompted hospitals to delegate more space for
emergency rooms which has further induced demand for electrical hospital beds.
Furthermore, the government in multiple countries are revamping their
healthcare sector which is providing a boost to the growth of the electrical
hospital beds market. Technological advancements which result in improvising of
electrical hospital beds and consequently leads to the increased sale of
electrical hospital beds
Competitive Landscape:
·
Paramount
Bed Holding Co
·
Famed
Zywiec Sp
·
Hill Room
Holding
·
Stryker
Corporation
·
Invacare Corporation
·
Amico
Group of Companies
·
Medline
Industries, Inc.
·
Getinge
AB
·
ArjoHuntleigh
·
Malvestio
Spa
·
Midmark
Corporation
·
Merivaara
Corporation
·
Gendron
·
Linet
spol.s.r.o
Segmentation:
·
The
global electrical hospitals beds market has been segmented based on type, type
of treatment, application, and end user.
·
By type,
the global electrical hospital beds market has been segmented into
semi-automatic bed and fully automatic bed. The fully automatic beds segment
currently stands at USD 1,029 Mn and is likely to scale up to USD 1,570.9 Mn by
2023 and capture the highest CAGR of 8.83% over the forecast period.
Semi-automatic beds segment is likely to strike a CAGR of 5.07% over the
forecast period.
·
By type
of treatment, the global electrical hospital beds market includes critical
care, acute care, and long-term care. The critical care segment is the largest
as well as the fastest growing segment and is expected to expand at a CAGR of
8.03% over the forecast period to scale valuation of USD 1,020.6 Mn. The acute
care segment is expected to be the second largest segment and is expected to
attain USD 865.4 Mn by 2023.
·
By
application, the global electrical hospital beds market has been segmented into
general purpose, intensive care, delivery/birthing, bariatric, pediatric,
pressure relief, psychiatric care, and others. The general purpose segment is
leading the market and is expected to reach a market valuation of USD 836.4 Mn
by 2023 with a CAGR of 7.29% over the forecast period. The intensive care
segment is expected to be the fastest growing segment and capture a CAGR of
7.82% over the forecast period.
·
By
end-user, the global electrical hospital beds market has been segmented into
hospital & clinics, reproductive care centers, dentistry, home, &
others. Hospitals & clinics segment is dominating the market and is
expected to expand at a CAGR of 7.25% over the forecast period. However,
homecare segment is expected to be the fastest growing segment and register a
CAGR of 8.81% over the forecast period.
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Regional Analysis:
By region, the global electrical hospital beds
market has been segmented into the Americas, Asia Pacific (APAC), Europe, and
the Middle East & Africa (MEA).
Europe is the largest market for electrical
hospital beds and accounted for 34% share of the global market in 2017.
Presence of sophisticated healthcare infrastructure and greater emphasis on
patient health and comfort in the region drives the market. The U.K., France,
and Germany are the key contributors to the Europe market which can scale
valuation of USD 906.4 Mn by the end of 2023.
The Americas is the second largest market for
electrical hospital beds driven by high healthcare spending in strong economies
such as the US and Canada.
APAC market is anticipated to exhibit rapid growth
over the forecast period. High investment on the development of healthcare
infrastructure, the growth of medical tourism and availability of a massive
patient pool creates favorable growth opportunities for the market growth. The
APAC market is estimated to strike a CAGR of 8.47% over the forecast period.
For Reference:
https://healthcarereportsdotblog.wordpress.com/2019/07/18/ent-devices-market-share-analysis-top-leaders-global-size-challenges-demand-overview-growth-values-and-industry-forecast-to-2023/ |
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