Asia-Pacific Hospital Bed MarketPosted by Ganesh Mane on February 9th, 2021 Asia-Pacific Hospital Bed Market was valued US$ XX Mn in 2019 and is expected to reach US$ XX Mn by 2027, at a CAGR of 7.80 % during a forecast period. Asia-Pacific Hospital Bed Market The report study has analyzed the revenue impact of the COVID-19 pandemic on the sales revenue of the market leader, market followers, and market disrupters in the report and the same is reflected in our analysis. Health systems in the Asia Pacific region are relying on acute and specialist hospital care. The rapidly aging old population and complex chronic patients require greater care. In most countries, hospitals are accounting the maximum share for the part of overall fixed healthcare investment. An increase in the number of beds and overnight stays in hospitals is bringing positive outcomes in population health across the region. The Asian healthcare sector is the new centre of gravity with the global healthcare infrastructure. The robust fundamentals like the presence of the large aging population, affluence, rise in middle-class, and incidence of chronic diseases are some of the driving factors behind the Asia-Pacific hospital bed market growth. A shift in the nature of medicine, growth in patient awareness, and spread of the internet are changing the healthcare sector scenario in the region. The awareness about the health profile is increasing among the patients and they are focusing on devoting time, money, energy to stay healthy. Currently, the region accounts for more than 55% of the world’s disease burden with the problem shifting from infectious to chronic diseases. The Role of Governments and Private Organizations in Healthcare Sector in the Asia Pacific Region: Many stakeholders are coming together to form a robust healthcare ecosystem. It includes the government, private sector, multilateral organizations, charities, and social enterprises. High demand characteristics, the external factors like the growing economy and stable government in most parts of the region are helping to attract private investors and increasing the deal activity. The Governments across the regions are focusing on the deregulation of most of the services and also deliver tax incentives for medical key players to develop healthcare infrastructure. Many stakeholders are playing a key role and functions to create a sustainable healthcare environment in the region. The governments in Asia are increasingly seeking the participation of the private sector to reduce the growing pressure on public resources. Currently, to every 10 new hospital beds built in Asia 7 are being built by the private sector. On the other hand, a large demand-supply gap and low public spending on healthcare in underdeveloped countries are expected to limit the Asia-Pacific hospital bed market growth. By country-wise analysis, Japan was valued at US $ XX Mn in 2019 and is projected to grow at a XX% rate of CAGR during the forecast period. The growth in the market is attributed to the rise in geriatric population and the growing number of coronavirus affected patients. The country possesses the largest percentage of the older population across the region. The healthcare system of Japan has ranked 1st in the regional healthcare system because of the exceptional healthcare outcomes, accessibility, and affordability. The government also dedicates more than 23% of its budget to healthcare and nearly about 84% share of the funds for the country’s healthcare expense. In the country, no deductible payments, co-pays are charged based on age range and premiums. On the other hand, India is projected to grow at a XX% rate of CAGR during the forecast period. The country has a pluralistic healthcare system. The public and private health sectors are playing important roles in the healthcare sector. In 2020, the pandemic has highlighted the critical shortage of hospital beds and other healthcare infrastructure in the country that is expected to increase the demand for hospitals bed across the country. The hospital bed ratio is far below the WHO standard in India. Furthermore, India is offering incentives for local manufacturing of drugs, where earlier imported up to more than 60% of APIs. Asia-Pacific Hospital Bed Market1 The objective of the report is to present a comprehensive analysis of the Asia-Pacific Hospital Bed Market including all the stakeholders of the industry. The past and current status of the industry with the forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that includes market leaders, followers, and new entrants. PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors by Country on the market has been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers. For more information visit@ https://www.maximizemarketresearch.com/market-report/asia-pacific-hospital-bed-market/66028/ Scope of the Asia-Pacific Hospital Bed Market Asia-Pacific Hospital Bed Market, By Automation • Manual Bed • Medical/Surgical Bed • Hospital & Clinics • China • Hill-Rom Holdings Inc This report submitted by Maximize market Research Company Customization of the report: Maximize Market Research provides free personalized of reports as per your demand. 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