Hospital Beds Market Revenue to Increase at 7.50% CAGR, to reach USD 5,756.2 Million By 2030, Says MRFR

Hospital Bed Market is expected to reach USD 5,756.2 Million by 2030 at 7.50% CAGR during the forecast period.

Hospital beds are one of the most significant investments in the development of healthcare facilities. The patient intake system is subject to bed availability. If the hospital does not have enough vacant beds, this may create many problems for patients who come for major treatments. Fortunately, as infrastructure and technology advance, health care institutions can now have enough space to create more space for the crowd. The market for hospital beds has been in full swing since the pandemic. Hospital bed allocation has become the highest priority for governments and private organizations, thus giving the hospital beds market impetus.

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Key Players

Hill-Rom Holdings,

Stryker Corporation,

Linet spol. s r.o.,

Invacare Corporation,

Paramount Bed Holdings Co., Ltd.,

Gendron Inc.,

Getinge AB

Segmental Analysis

Growth in this market is segmented by the type of patient groups and beds associated with them. The manually operated beds are located in general rooms for the common population; they must be transported and are not automatic. Manual hospital beds do not add to the patient's comfort while being admitted. They are usually used for public health facilities where medical expenditures are cheap. However, these hospital beds constitute the most important segment of healthcare production.

Critical care beds that are fully automated are used for emergency purposes and for patients lying dormant for a long time. They can be electrically controlled with a series of buttons for patient comfort. Such features characterize critical care beds as patient repositioning support, lateral rotation therapy, and elevation techniques. Semi-automated beds are used for disease patients, young mothers who have given birth, and patients who have undergone surgery. Then there are birthing beds, pediatric beds, acute care beds, psychiatric beds, long-term care beds and bariatric beds.

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Regional Analysis

The Americas, Europe, Asia Pacific (APAC), and the Middle East & Africa (MEA) are four regions that have been included in the global hospital beds market report, studied by MRFR. This report has a special focus on the growth pockets that can be explored later for a better understanding of the market flow.

Europe is dominating the global market that depends mostly on the contribution made by Western Europe where countries like France, Germany, the U.K, Spain, Italy, and others are doing great. The eastern region does not promise high growth as several countries are there with not much of strong economies.

The Americas stands in the second spot. This growth is due to robust infrastructure, huge geriatric population, substantial investment capacity, high per capita income, and other features. It is also getting the benefits of the presence of countries like the U.S. and Canada who spend substantially to take the regional market ahead.

The APAC market is all set to gain from the increasing geriatric population, surging number of hospitals, and increasing government support to transform the healthcare sector and research & development. Such features have taken the regional market ahead. The MEA market would gain from the growth in the Middle East region. Africa would deter the growth rate due to the presence of several poor economies.

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