Medical beds play an important role in the treatment and recovery of medical patients. The following market examines the global medical beds market and where it's headed.
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Hospital beds, also known as medical beds, are frequently used in the medical industry to provide a safe and comfortable environment in which patients can rest. Like other beds, they are designed with a soft, padded mattress on which patients can lie. But hospital beds contain additional features and characteristics, allowing them to outshine conventional beds.
So, what type of features can you can expect to find in medical beds? It varies depending on the particular type, though many medical beds offer an adjustable height, adjustable incline, adjustable side rails and other solutions.
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Of course, an adjustable design is essential for patients suffering from physical injuries, such as broken bones. If a patient is suffering from a severe physical injury, he or she may be unable to lie down flat, in which case an adjustable medical bed should be used.
Most hospitals and other medical facilities don't use traditional consumer beds in their rooms. Rather, they use medical beds. With their adjustable design -- along with other features -- they offer a higher level of utility and functionality in the medical industry. As a result, the medical bed market is poised for strong growth in the coming years.
The Medical Bed Market Size By Product, By Bed Type, By Application, By End-use, Industry Analysis Report, Regional Outlook, Application Potential, Competitive Market Share & Forecast, 2019 – 2025 report by Global Market Insights is a comprehensive study of the global medical beds market. Featuring over 140 pages, it provides an in-depth look at the market. Among other things, the report reveals the market's size, classifications, key vendors, growth drivers, growth challenges, import and export consumption and more.
According to the report, the medical beds market is projected to grow at a compound annual growth rate (CAGR) of 5.5% through 2024, at which point it will reach $4 billion.
As revealed in the report, there are both intensive care medical beds and non-intensive medical beds. Intensive car medical beds are designed specifically for use in hospital intensive care units, whereas non-intensive medical beds are designed for use outside of hospital intensive care units. Of those two segments, researchers believe the non-intensive care segment will grow at the fastest rate. In 2018, the non-intensive medical bed segment accounted for over half of the market's entire revenue. Of course, non-intensive medical beds can be used for a greater number of applications, so it makes sense for this segment to grow at a faster rate than the intensive care segment.