Latest Report on Medical Beds Market to Accumulate Revenues Worth US $3,711 million by 2025 – ZMR Blog
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Latest Report on Medical Beds Market to Accumulate Revenues Worth US $3,711 million by 2025

Zion Market Research has published a new report titled “Medical Beds Market by Type (Electric Beds, Semi-Electric Beds, and Manual Beds), by Usage (Acute Care, Long-Term Care, Psychiatric Care, and Maternity Care), by Application (Intensive Care and Non-Intensive Care), and by End-User (Hospital, Home Care, and Elderly Care): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2018–2025”. According to the report, the global medical beds market was valued at approximately USD 2,589 million in 2018 and is expected to generate around USD 3,711 million by 2025, at a CAGR of around 5.2% between 2019 and 2025.

Hospital beds allow positioning of patients body that is not possible on a regular bed, which is used at homes. The growing geriatric patient pool suffering from chronic diseases and the rising disability levels worldwide will drive the global medical beds market over the estimated time period. The aging population is more prone to injuries and physical disabilities will also fuel the global medical beds market over the assessment span. Moreover, increasing efforts between private organizations and government through public-private partnerships (PPPs) mostly in emerging countries, such as India, China, and Brazil, for the improvement of infrastructure will further drive the medical beds market growth globally in the future. The increasing incidences of chronic diseases due to CVD, respiratory disorders, cancer, diabetes, and stroke will increase the number of hospital admissions for effective and proper treatment of patients. This, in turn, will boost the medical beds market in the years ahead.

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Based on the type, the market is segmented into electric beds, semi-electric beds, and manual beds. Electric beds held a major revenue share of the global market in 2018, due to the growing number of patients and benefits associated with electric beds, such as comfort offered to the patients. On the basis of usage, the market is segmented into acute care, long-term care, psychiatric care, and maternity care. Acute care contributed to the largest revenue share to the market and is predicted to witness significant growth over the forecast time period. This can be attributed to the growing demand for medical beds for acute care for treating patients that are suffering from chronic diseases. Based on application, the market is segmented into intensive care and non-intensive care. The intensive care segment is anticipated to contribute the highest revenue share to the global medical beds market, owing to the rising geriatric population, as this population is more prone to develop chronic diseases. Based on end-user, the market is segmented into the hospital, home care, and elderly care. The hospital segment led the market in terms of revenue in 2018, due to the growing number of patient visits and the rising number of favorable government initiatives for healthcare.

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By region, North America contributed a major revenue share to the global medical beds market in 2018 and is anticipated to dominate globally over the forecast time period as well. This regional growth is attributed to the high adoption rate of novel technology and the presence of developed healthcare infrastructure. Asia Pacific is projected to grow at a significant CAGR, due to the rising geriatric population and substantial advancements made in the hospitals of developing countries, such as China and India.

Some players of the global medical beds market are Invacare Corporation, Hill-Rom Holdings, Getinge Group, Paramount Bed, Stryker Corporation, Amico Corporation, Antano Group S.R.L., Besco Medical Co., Ltd., BaKare Beds Ltd., GF Health Types, Inc., and Linet Spol S.R.O.

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This report segments the global medical beds market into:

Global Medical Beds Market: Type Analysis

  • Electric Beds
  • Semi-Electric Beds
  • Manual Beds

Global Medical Beds Market: Usage Analysis

  • Acute Care
  • Long-Term Care
  • Psychiatric Care
  • Maternity Care

Global Medical Beds Market: Application Analysis

  • Intensive Care
  • Non-Intensive Care

Global Medical Beds Market: End-User Analysis

  • Hospital
  • Home Care
  • Elderly Care

Global Medical Beds Market: Regional Analysis

  • North America
    • The U.S.
  • Europe
    • UK
    • France
    • Germany
  • Asia Pacific
    • China
    • Japan
    • India
  • Latin America
    • Brazil
  • The Middle East and Africa

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