The global medical bed market is projected to reach USD 3.41 Billion by 2022 from USD 2.59 Billion, growing at 5.6% CAGR during forecast period (2017–2022). The market is segmented on the basis of type, application, end user, usage, and region. On basis of usage, the market is divided into acute care beds, psychiatric care beds and bariatric care beds, long-term care beds, and other beds (maternity and rehabilitative beds). Market to Reach USD 3.41 Billion by 2022: Driven by Increasing Investments in Healthcare Infrastructural Development and Public Hospitals in All Over World
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The medical bed market is segmented on the basis of type, application, end user, usage, and region. Based on usage, the market is segmented into major four categories acute care, psychiatric care and bariatric care, long-term care, and other beds (maternity and rehabilitative beds).
The long-term care segment is expected to have the fastest-growing market during the forecast period owing to the increasing number of patients requiring long-term care.
Complete report on Medical Bed Market spread across 145 Pages, Profiling 16 Companies and Supported with 85 Tables and 30 Figures is now available at http://www.rnrmarketresearch.com/medical-bed-market-by-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-st-to-2022-market-report.html .
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In this report, the global medical beds market is segmented on the basis of type, application, end user, usage, and region. On the basis of application, the medical beds market is segmented into two categories— intensive care and non-intensive care.
The intensive care segment is expected to account for the largest share of the medical beds market. The increasing number of bariatric patients requiring intensive care is the major factor for the growth of this segment.
- Healthcare Service Providers
- Health Insurance Payers
- Medical Device Companies
- Research And Consulting Firms
- Diagnostic Centers
- Research Institutions
Factors such as increasing investments in healthcare infrastructural development, technological innovations in ICU beds, increasing number of beds in private hospitals, and increasing volume of chronic care patients are expected to drive the growth of the medical bed market in the coming years. On the other hand, the declining number of beds in public hospitals may limit market growth to a certain extent.
The growing trend of home care is expected to provide a wide range of opportunities to players in the market.
The medical beds market is segmented into major four segments—acute care beds, psychiatric and bariatric care beds, long-term care beds, and other beds (maternity and rehabilitative beds). The acute care beds segment is expected to account for the largest share of the market in 2017.
Increasing number of geriatric population requiring acute care beds is the major factor attributing to the growth of this market.
1 Medical Beds: Market Snapshot
2 Geographic Analysis: Medical Bed Market, By Usage
3 Global Market, By Type, 2017 vs 2022
4 Global Market, By End User, 2015 - 2022
5 Geographic Snapshot of the Global Market
The medical bed market is dominated by established players such as Stryker Corporation (U.S.), Hill-Rom Holding, Inc. (U.S.), Getinge Group (Sweden), and Invacare Corporation (U.S.).
New product launches was the dominant strategy adopted by key industry participants to increase their market share and cater to unmet needs.
The medical bed market competitive landscape covers growth strategies adopted by industry players in the last three years. The company profiles comprise basic views on key players in the medical beds market and the product portfolios, developments, and strategies adopted by market players to maintain and increase their market shares in the near future.
The above-mentioned market research data, current market size, and forecast of future trends will help key players and new entrants to make the necessary decisions regarding product offerings, geographical focus, change in approach, R&D investments for innovations in products and technologies, and levels of output in order to remain successful.
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