Electrical Hospital Beds Market is Growing Exponentially at a Promising Double-Digit CAGR of 30.2% During Forecast 2018-2023

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.

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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.

·         By type of treatment, the global electrical hospital beds market includes critical care, acute care, and long-term care.

·         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.

·         By end-user, the global electrical hospital beds market has been segmented into hospital & clinics, reproductive care centers, dentistry, home, & others.

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.