Hospital Beds Market Size, Share, Growth, and Forecast to 2025Posted by rekha on September 13th, 2019 Precision Business Insights (PBI) in its report titled “Global Hospital Beds Market": Market Estimation, Dynamics, Regional Share, Trends, Competitor Analysis 2013-2017 and Forecast 2018-2024” assesses the market performance over seven years forecast period over 2018-2024. The report analyses the market value forecast and provides the strategic insights into the market driving factors, challenges that are hindering the market revenue growth over forecast period. The global hospital beds market was valued at US$ XX Mn in 2017 and increasing at a significant CAGR over the forecast timeframe owing to surge in the incidence of chronic diseases, increase in the number of surgeries, increasing healthcare expenditure, rise in global geriatric population, increase in government investments in healthcare, and the latest technological inventions in hospital beds and advanced healthcare services are expected to drive the global hospital beds market. However, Extensive requirement of data to launch new technologies, high product costs, and higher cost for the production, are anticipated to hinder the revenue share of global hospital beds market. Global hospital beds market segmented on the basis of usage, treatment, power, end user, and region. For request sample: https://www.precisionbusinessinsights.com/request-sample?product_id=37277 General Purpose Beds dominates the Global Hospital Beds Market Based on the usage, global hospital beds market segmented into pressure relief beds, general purpose beds, birthing beds, bariatric beds and paediatric beds. Among these, general purpose beds dominated the global hospital beds market in 2017 and 2018 and estimated to dominate over the forecast period owing to its high usage in hospitals, increase in the demand for general purpose beds. However, a significant growth rate observed for the paediatric beds and bariatric beds due to the increase in paediatric patients and bariatric patients. Europe Leads the Global Hospital Beds Market
PBI’s global hospital beds market report analyses the market in different regions such as North America, Europe, Asia Pacific, Latin America, and Middle East and Africa. According to regional analysis, Europe accounted for larger revenue share through 2013-2017 and expected to dominate over 2018-2024 owing to increase in prevalence of chronic diseases, increase in the number of surgeries, enhanced healthcare expenditure and the presence of major market players in the region are anticipated to propel the market are propel the market. North America hospital beds market projected to exhibit significant growth increase in research and development on new type of hospital beds, favourable reimbursement policies, increase in the prevalence of chronic diseases and hospitalized patients and increase in healthcare expenditure boost the market
Launch of newer products, frequent product approvals, and strategic alliances are the key strategies adopted by market players
Global hospital beds market further reveals that the key players increasingly adopting strategies such as launch of newer products, frequent product approvals, and long term alliance to improve market revenue share and gaining significant geographic presence across the region. For instance, in April 2018, LINET introduced a paediatric bed named TOM 2 and MiMi cot for the new-born babies. The development made has enhanced the market share of the company Key player’s profiles in the report are
Detailed Segmentation
By Usage
By Power
By Application
By End User
Geography
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