Hospital Beds Market 2018- 2023 The Future of Smart Hospital Beds - How Smart Technologies Can Change Hospitals Globally? The Global Hospital Beds Market is expected to grow at a CAGR of 4.8% from 2018 to 2023 to reach USD 3.14 billion by 2023. Owing to growing number of hospitals and increasing pool of elderly population coupled with growing prevalence of chronic diseases, this industry has witnessed steady growth over the last few years. Further, launch of technologically advanced beds and favourable reforms for long term care have improved the adoption of hospital/medical beds in many countries across the globe. Hospital Beds Market By Product (Beds, Accessories), Area Of Use (Critical, Bariatric, Med Surg, Pediatric, Maternal), Technology (Powered, Manual), Type Of Care (Curative, Long Term), And End User (Hospital, Homecare, Elderly) - Global Forecast To 2023 According to this latest publication from Meticulous Research®, the global hospital/medical beds market is expected to grow at a CAGR of 4.8% from 2018 to reach USD 3.14 billion by 2023. The growth of this market will be driven by factors such as increasing elderly population coupled with growing prevalence of chronic diseases, growing number of hospitals, and launch of technologically advanced beds. Moreover, emergence of smart beds and robotic beds, growing demand for beds in home care settings, growing demand from developing economies, and growing medical tourism further supports the growth of this market. However, rising preference to minimally invasive surgeries (eliminating necessity of longer hospital stays) and decreasing number of beds in public hospitals hinders the growth of this market to some extent. Follow Us On: Hospital Beds Market 2018- 2023 The global hospital/medical beds market study presents historical market data in terms of values (2016 and 2017), estimated current data (2018), and forecasts for 2023-by product (beds, accessories), by area of use (critical care, long-term care, bariatric care, med-surg, homecare, pediatric, and maternal), by type of care (curative care, rehabilitative care, long-term care), by technology (manual, powered), by end user (hospitals, elderly care settings, homecare, and others), and geography. The study also evaluates industry competitors and analyzes the market at regional and country level. Download free research study with latest advancement in https://www.meticulousresearch.com/request-sample-report/cp_id=4358 On the basis of product, beds commanded the largest share of global hospital/medical beds market in 2017. However, accessories are expected to witness a rapid growth during the forecast period mainly due to growing demand for custom accessories such as extensions, side rails, and side trays. On the basis of area of use, the critical care segment commanded the largest share of global hospital/medical beds market in 2017. The large share is attributed to greater hospital admissions due to chronic illness and accidental injuries, and high dollar value of beds used in critical care. However, homecare segment is expected to witness a rapid growth during the forecast period mainly due to growing preference of geriatric population towards homecare as an affordable and convenient way of healthcare. On the basis of type of care, curative care commanded the largest share of global hospital/medical beds market in 2017 due to growing inpatient population at healthcare facilities across the globe resulting out of old age, chronic and infectious diseases, and physical injuries. However, long-term care market is expected to witness a rapid growth during the forecast period. The growth in this market is mainly attributed to increasing aging population requiring long-term care and favorable regulatory reforms and reimbursement policies favoring adoption of long-term care. On the basis of technology, powered beds commanded the largest share of global medical/hospital beds market in 2017 and are expected to witness a rapid growth during the forecast period. This is mainly due to various features such as position adjustment, presence of monitoring sensors, and fall detection – offering greater patient safety as well as improved caregiver performance by reducing repetitive strain injuries (RSI). On the basis of end-user, hospitals commanded the largest share of global medical/hospital beds market in 2017. This is attributed to growing healthcare expenditure across the globe, and increasing prevalence of various acute and chronic diseases resulting in greater admission rate in hospitals. Follow Us On: Hospital Beds Market 2018- 2023 This research report analyzes major geographies and provides comprehensive analysis of North America (U.S., Canada), Europe (Russia, France, U.K., Germany, Italy, Spain, and RoE), Asia-Pacific (India, China, Japan, and RoAPAC), Latin America (Mexico, Brazil, Argentina, Colombia, Chile, Peru, and RoLATAM), and Middle East & Africa. Europe commanded the largest share of the global medical/hospital beds market in 2017, followed by North America, Asia-Pacific, Latin America, and Middle East & Africa. The major players operating in the global medical/hospital beds market are Stryker Corporation, Hill-Rom Holding, Inc., Invacare Corporation, Getinge AB, Paramount Bed Holdings Co., Ltd., Medline Industries, Inc., Joh. Stiegelmeyer GmBH & Co. KG, Gendron, Inc., LINET Group SE, Joerns Healthcare LLC., SpanAmerica Medical Systems, Inc., Savion Industries, and Malvestio Spa among others. Here are the leading 10 companies operating in medical/hospital beds market https://meticulousblog.org/top-10-companies-in-hospital-beds-market/ Scope of report 1. Introduction 1.1. Market Ecosystem 1.2. Currency and Limitations 1.2.1. Currency 1.2.2. Limitations 1.3. Key Stakeholders 2. Research Methodology 2.1. Research Process 2.1.1. Secondary Research 2.1.2. Primary Research 2.1.3. Market Size Estimation 3. Executive Summary 4. Market Insights Follow Us On: Hospital Beds Market 2018- 2023 4.1. Introduction 4.2. Market Dynamics 4.2.1. Drivers 126.96.36.199. Increasing Elderly Population Coupled with Growing Prevalence of Chronic Diseases 188.8.131.52. Growing Number of Hospitals 184.108.40.206. Launch of Technologically Advanced Beds 4.2.2. Restraints 220.127.116.11. Growing Preference for Minimally Invasive Surgeries 18.104.22.168. Declining Number of Beds in Public Hospitals 4.2.3. Opportunities 22.214.171.124. “Smart Beds” and “Robotic Beds” to offer New Growth Avenues 126.96.36.199. Growing Demand for Beds in Homecare Settings 188.8.131.52. Significant Opportunities from Developing Economies 4.2.4. Trend 184.108.40.206. Transition from Acute Care to Long-Term Care 4.3. Market Share Analysis, by Key Players ……. Continue Browse More Report of This Category at: European Hospital Beds Market By Product (Beds, Accessories), Area Of Use (Critical, Bariatric, Med Surg, Pediatric, Maternal), Technology (Powered, Manual), Type Of Care (Curative, Long Term), And End User (Hospital, Homecare)- Forecast To 2024 Asia Medical/Hospital Beds Market By Product (Beds, Accessories), Area Of Use (Critical, Bariatric, Med Surg, Pediatric, Maternal), Type Of Care (Curative, Long Term), And End User (Hospital, Homecare, Elderly) - Forecast to 2025 Follow Us On: Hospital Beds Market 2018- 2023 Key questions answered in the report: Growing adoption of Hospital beds in developing countries will propel the overall Hospital beds market • • • How does the adoption of hospital beds in developed regions differ from developing countries like India, and China? How is the competition between the major global and prominent local players in this market? Which are the high growth market segments in terms of product, area of use, type of care, technology, end users, regions, and countries? Hospitals accounted for the largest share of the hospital beds market globally • • • What factors contribute to the frequent usage of overall hospital beds products in hospitals? Which geographic segment is expected to experience the fastest growth in the usage of hospital beds in hospitals, elderly care settings, home care settings, and others? How does the adoption of hospital beds in hospitals differ from other end users such as elderly care settings and home care settings? Hospital beds market favours both larger and local manufacturers that compete in multiple segments • • • Who are the top competitors in this market and what strategies do they employ to gain shares? What is driving growth and which market segments have the most potential for revenue expansion over the forecast period? What strategies should new companies look to enter this market to compete effectively? Recent partnerships, acquisitions, and expansions have taken place in the global Hospital beds market • • • Which companies have recently merged/acquired and how will these unions affect the competitive landscape of the hospital beds market? Which companies have created partnerships and how will these partnerships promote a competitive advantage? Who are the major players in the global hospital beds market and what share of the market do they hold? To request a sample copy or view summary of this report, click the link below: https://www.meticulousresearch.com/request-sample-report/cp_id=4358 Follow Us On: Hospital Beds Market 2018- 2023 About Us: The name of our company defines our services, strengths, and values. Since the inception, we have endeavoured to research, analyze and present the critical market data with great attention to details. Meticulous Research® was founded in 2010 and incorporated as Meticulous Market Research Pvt. Ltd. in 2013 as a private limited company under the Companies Act, 1956. Since its incorporation, with the help of its unique research methodologies, the company has become the leading provider of premium market intelligence in North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa regions. With the meticulous primary and secondary research techniques, we have built strong capabilities in data collection, interpretation, and analysis of data including qualitative and quantitative research with the finest team of analysts. 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