Medical Bed Market Growth in Near Future

[135 Pages Report] Medical bed market is expected to reach $3.41 billion by 2022 from $2.59 billion in 2017, at a CAGR of 5.6% during the forecast period. 

The report "Medical Bed Market Usage (Acute Care, Long Term Care, Psychiatric Care, Maternity), Application (Intensive Care, Non Intensive), Type (Electric Beds, Semi Electric Bed, Manual Bed), End User (Hospital, Home Care, Elderly Care) - Global Forecast to 2022"

Medical Bed Market provides a detailed overview of the major drivers, restraints, challenges, opportunities, current market trends, and strategies impacting the medical beds market along with the estimates and forecasts of the revenue.

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Medical bed market

Market Dynamics

Drivers
  • Increasing investments in healthcare infrastructural development
  • Technological innovations in ICU beds
  • Increasing number of beds in private hospitals
  • Increasing volume of chronic care patients
Restraints
  • Declining number of beds in public hospitals
Opportunities
  • Growing trend of home care

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Key players in the medical beds market include Hill-Rom Holdings, Inc. (U.S.), Stryker Corporation (U.S.), Getinge AB (Sweden), and Invacare Corporation (U.S.). The strong position of these companies in the market can primarily be attributed to their global presence and broad product portfolio. Other major players in the market include Linet Spol. s.r.o. (Czech Republic), Paramount Bed Holdings Co., Ltd. (Japan), Stiegelmeyer GmbH & Co. KG (Germany), and Midmark Corporation (U.S.). Key players are majorly focusing on organic growth strategies such as product launches and acquisitions to maintain their positions in the medical beds market.

The following are the major objectives of the study:
  • To define, measure, and describe the global medical beds market by type, application, usage, end user, and region
  • To analyze market opportunities for stakeholders and provide details of the competitive landscape for key players
  • To forecast the size of market segments in North America, Europe, Asia Pacific, and RoW
  • To strategically analyze the market structure and profile key players in the global medical beds market and comprehensively analyze their core competencies
  • To track and analyze company developments such as partnerships, agreements, and collaborations; expansions; product approvals; and product launches in the medical beds market
  • Investments In healthcare infrastructural development
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