Hospital Beds Market Grows Incredibly; Confirms MRFR Unleashing Market Prognostications Up to 2023

Pune, India — 03/13/2018 — adds “Hospital Beds Market – 2018 Global Analysis, Growth, Trends and Opportunities Research Report forecasting to 2023” reports to its database.


The global hospital beds market is growing at a stable pace and is expected to reach USD 4,824.2 million by 2023 from USD 2,515.1 million in 2016 at a CAGR of 5.5% during the forecasted period 2017-2023.

The recent market developments has necessitated a 'see through' approach so as to avoid the slippery slope generated by the changing paradigms resulting from the powerful forces of economy, business models, competition and others. “Market Research future” presents its latest report titled “World Hospital Beds Market –forecast till 2023” to help clear the blur resulting from these developments and to give the reader a clear picture of the possibilities and nuisances lying ahead!

Key Players:
Some of the key players in the global market: Hill-Rom Holdings, Stryker Corporation, Linet spol. s r.o., Invacare Corporation, Paramount Bed Holdings Co., Ltd., Gendron Inc., and Getinge AB.

Hill-Rom Holdings, headquartered in Batesville, Indiana, the US, is one of the leading global medical technology company. In 2017, the company announced the launch of the new Hill-Rom 900 Accella bed system for higher acuity patients in intensive and acute care settings.

Regional Analysis:
The global hospital beds market is segmented into four regions: the Americas, Europe, Asia Pacific, and the Middle East & Africa.

Europe holes the largest share of the global hospital beds market due to increasing government support and high healthcare spending. Moreover, continuous technological development and the growing presence of the global market leaders contribute to the market growth. The Americas is the second largest market due to strong economic conditions, huge geriatric population, and well-developed healthcare sector. Moreover, improving reimbursement policies is expected to fuel the growth of this market.

Asia Pacific is the fastest growing market due increasing prevalence of chronic diseases, growing government encouragement in healthcare sector, and increasing geriatric population will boost the market growth over the forecasted period. Additionally, increasing number of hospitals, increasing number of life-threatening diseases, and increasing healthcare expenditure have fueled the growth of the market.

However, the Middle East & Africa holds the least share in the market due to limited access to the healthcare resources and lack of technological development in healthcare facilities.

Market Highlights:
Hospital beds are specially designed for hospitalized patients who are in need of some form of health care services. Different types of hospital beds are available in the market such as advanced electric and semi electric beds.Increasing prevalence of diseases, rising geriatric population, and increasing number of hospitals & clinics drive the growth of the market. According to the WHO, the number of people aged over 65 was approximately 524 million in 2010, which will reach 1.5 billion by 2050. Furthermore, increasing healthcare spending have fuelled the market growth. However, high cost of the advanced hospitals beds such as electric and semi-electric beds may slow the growth of the market during the forecasted period.

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The global hospital beds market is majorly segmented on the basis of type, power, end users, and regions.

On the basis of types, the global hospital beds market is segmented into acute care, long-term care, psychiatric & bariatric care, and others (maternity and rehabilitation beds).

Based on the power, the market is segmented into electric bed, semi-electric bed, and manual bed.

Based on end users, the global hospital beds market is segmented into hospital, clinics, ambulatory, and others.

Taste the market data and market information presented through more than 140 market data tables and figures spread over 118 pages of the project report. Avail the in-depth table of content TOC & market synopsis on “hospital beds market research report–Global forecast till 2023.”

2.1 Scope of Study 14
2.2 Research Objective 14
2.3 Assumptions & Limitations 15
2.3.1 Assumptions 15
2.3.2 Limitations 15
2.4 Market Structure 15

3.1 Research Process 16
3.2 Primary Research 17
3.3 Secondary Research 17
3.4 Market Size Estimation 17
3.5 Forecast Model 18

4.1 Drivers 20
4.1.1 Increasing Prevalence Of Chronic Diseases 20
4.1.2 Increasing Number Of Hospital And Ambulatory Services 20
4.1.3 Increasing Geriatric Population 21
4.1.4 Increasing Number Of Medical Emergencies 21
4.2 Restrains 22
4.2.1 High Cost Of The Advanced Beds 22
4.3 Opportunities 22
4.3.1 Advancement In Technology 22
4.4 Mega Trends 22
4.4.1 Increasing Adoption Of The Automatic Beds 22
4.5 Macroeconomic Indicators 23

5.1 Value Chain Analysis 24
5.1.1 Engagement And Designing 24
5.1.2 Manufacturing 25
5.1.3 Distribution & Sales 25
5.1.4 Post-Sales Follow-Ups 25
5.2 Porters Five Forces Model 26
5.2.1 Bargaining Power Of Suppliers 27
5.2.2 Bargaining Power Of Buyers 27
5.2.3 Threat Of New Entrants 27
5.2.4 Threat Of Substitutes 27
5.2.5 Intensity Of Rivalry 27
5.3 Pricing Analysis 28
5.4 Reimbursements 29



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About the Author: Marcus Suban

Marcus is a reporter on the Political Capital team focusing on money in politics. Before joining Canadian Business Tribune, he worked as a researcher and writer for the Institute for Northern Studies at Lakehead University in Thunder Bay Ontario and as a freelance journalist in Toronto, having been published by over 20 outlets including CBC, the Center for Media and Democracy,The Huffington Post, Salon, Truthout and

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