Electrical Hospital Beds Market Overview
The global electrical hospital beds market is likely to attain a valuation of USD 2,595.4 Mn at a CAGR of 7.25% by the end of the forecast period asserts Market Research Future (MRFR) in an in-depth study. Electrical hospital beds are of paramount importance to patients with reduced mobility. Patients with acute disease conditions such as paralysis, spinal injuries, and others have witnessed a surge in number in recent years, and electrical hospital beds are increasingly gaining traction among such patients. Electrical hospital beds can be operated with minimal assistance and are of great help to ailing patients. Medical emergency units generate a high demand for electrical hospital beds since medical emergency rooms experience an influx of patients with severe medical ailments. A growing number of accidents, wars, and natural calamities have prompted hospitals to delegate more space for emergency rooms which has further induced demand for electrical hospital beds. Furthermore, the government in multiple countries are revamping their healthcare sector which is providing a boost to the growth of the electrical hospital beds market.
Electric hospital beds are essential equipment that makes patients with chronic illness or serious injury comfortable. Factors influencing market growth include rising obesity, increased health spending in countries and the development of new ergonomic bed designs to provide patients with a comfortable experience. An increasing number of accidents, wars, and natural disasters have led hospitals to allocate more room for first aid, increasing the demand for electric hospital beds. In addition, the government of several countries is reorganizing its healthcare sector, which stimulates the growth of the electric hospital bed market. Technological advances have made it possible to improvise electric hospital beds and thus increase sales of Electrical Hospital Beds Market. On the other side, the advancement of the electric hospital bed market may be slowed by high costs and high maintenance costs.
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Electrical Hospital Beds Market Segmentation
The segmental study of the electrical hospital beds market is carried out on the basis of type, treatment, applications, end use, and region. Based on type, the electrical hospital beds market is segmented into fully automatic and semi-automatic. On the basis of treatment, the electrical hospital beds market is segmented into critical care, acute care, and long-term care. Based on applications, the electrical hospital market comprises of intensive care, general purpose, delivery/birthing, psychiatric care, bariatric, pediatric, pressure relief, and others. The end-user segment of the electrical hospital bed market comprises of reproductive care centers, hospitals and clinics, dentistry, home care, and others. Based on the regions, the electrical hospital beds market is segmented into the Middle East, the Americas, Asia Pacific, Europe, and Africa.
Electrical Hospital Beds Market Regional Analysis
By region, the global electrical hospital beds market has been segmented into the Americas, Asia Pacific (APAC), Europe, and the Middle East & Africa (MEA).
Europe is the largest market for electrical hospital beds and accounted for 34% share of the global market in 2017. Presence of sophisticated healthcare infrastructure and greater emphasis on patient health and comfort in the region drives the market. The U.K., France, and Germany are the key contributors to the Europe market which can scale valuation of USD 906.4 Mn by the end of 2023.
The Americas is the second largest market for electrical hospital beds driven by high healthcare spending in strong economies such as the US and Canada.
APAC market is anticipated to exhibit rapid growth over the forecast period. High investment on the development of healthcare infrastructure, the growth of medical tourism and availability of a massive patient pool creates favorable growth opportunities for the market growth. The APAC market is estimated to strike a CAGR of 8.47% over the forecast period.
Electrical Hospital Beds Market Players
- Gendron Inc. US
- Span America medical system Inc. (U.S)
- Stryker corporation inc. (U.S)
- Meerivara cooperation (Finland)
- Invacare Corporation (U.S.)
- Famed Żywiec Sp.z oo. (Poland)
- ArjoHuntleigh (Sweden)
- Amico Group of Companies (Canada)
- Paramount Bed Holding Co. Ltd. (Japan)
- Midmark Corporation (U.S.)
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Global Electrical Hospital Beds Market Research Report: by Type (Semi-automatic, Automatic), by Treatment (Critical Care, Acute Care, Long Term Care), by Application (General Purpose, Psychiatric), by End-user (Hospitals & Clinics, Reproductive Care Centers, Dentistry, Home Care), and Region - Forecast to 2023Market Research Future predicted that the Global Electric Hospital Beds Market Size would attain a CAGR of 7.25% during the forecast period, 2018-2023Electric hospital beds are essential equipment that makes patients with chronic illness or serious injury comfortable.
Factors influencing market growth include rising obesity, increased health spending in countries and the development of new ergonomic bed designs to provide patients with a comfortable experience.
In addition, the government of several countries is reorganizing its healthcare sector, which stimulates the growth of the electric hospital bed market.
On the other side, the advancement of the electric hospital bed market may be slowed by high costs and high maintenance costs.Electrical Hospital Beds Market Key PlayersThe global Electrical Hospital Beds Market is supported and driven by leading giants around the globe.
These major players include Amico Group of Companies, Midmark Corporation, Hill Room Holding, Span America Medical System, Medline Industries, Inc., Famed Zywiec Sp.zo.o., Stryker Corporation, Midmark Corporation, ArjoHuntleigh, Gendron, Inc., Merivaara Corporation, Linet spol.s.r.o., Getinge AB, Getinge AB, and Invacare Corporation.Electrical Hospital Beds Market Recent UpdatesThe American Legion of Iowa Foundation wrote a check for $1,400 for New Hope to retort to their attempts to raise funds for procuring electric hospital beds.
Over the past year, New Hope has been beseeching financial help to bring in new beds that are to be used by some of their on-campus people.
Global Electrical Hospital Beds Market Research Report: by Type (Semi-automatic, Automatic), By Treatment (Critical Care, Acute Care, Long Term Care), By Application (General Purpose, Psychiatric), by End-user (Hospitals & Clinics, Reproductive Care Centers, Dentistry, Home Care) - Forecast to 2027The global electrical hospital beds market is likely to attain a valuation of USD 2,595.4 Mn at a CAGR of 7.25% by the end of the forecast period of 2018-2023, asserts Market Research Future (MRFR) in an in-depth study.
Patients with acute disease conditions such as paralysis, spinal injuries, and others have witnessed a surge in number in recent years, and electrical hospital beds are increasingly gaining traction among such patients.
Electrical hospital beds can be operated with minimal assistance and are of great help to ailing patients.
Medical emergency units generate a high demand for electrical hospital beds since medical emergency rooms experience an influx of patients with severe medical ailments.
Furthermore, the government in multiple countries are revamping their healthcare sector which is providing a boost to the growth of the electrical hospital beds market.
Technological advancements which result in improvising of electrical hospital beds and consequently leads to the increased sale of electrical hospital beds.
The global electrical hospital beds market is likely to attain a valuation of USD 2,595.4 Mn at a CAGR of 7.25% by the end of the forecast period of 2018-2023, asserts Market Research Future (MRFR) in an in-depth study.
Patients with acute disease conditions such as paralysis, spinal injuries, and others have witnessed a surge in number in recent years, and electrical hospital beds are increasingly gaining traction among such patients.
Electrical hospital beds can be operated with minimal assistance and are of great help to ailing patients.
Medical emergency units generate a high demand for electrical hospital beds since medical emergency rooms experience an influx of patients with severe medical ailments.Request Sample Copy:https://www.marketresearchfuture.com/sample_request/6552A growing number of accidents, wars, and natural calamities have prompted hospitals to delegate more space for emergency rooms which has further induced demand for electrical hospital beds.
Furthermore, the government in multiple countries are revamping their healthcare sector which is providing a boost to the growth of the electrical hospital beds market.
Technological advancements which result in improvising of electrical hospital beds and consequently leads to the increased sale of electrical hospital beds.
