logo
logo
Sign in

Telemedicine is fastest growing segment fueling the growth of Powered and Manual Hospital Beds market

avatar
Pooja Khodke
Telemedicine is fastest growing segment fueling the growth of Powered and Manual Hospital Beds market

The global Powered And Manual Hospital Beds Market is estimated to be valued at US$ 3.58 Bn or Mn in 2023 and is expected to exhibit a CAGR of 7.5% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights.


Market Overview:


Hospital beds are essential medical equipment used for admitting and caring for patients in hospitals and clinics. Powered and manual beds help patients rest comfortably during treatment or recovery as per their medical needs. They provide flexibility of changing position as well as easy transfer of patients.


Market key trends:


One of the key trends driving the growth of the powered and manual hospital beds market is the rising popularity of telemedicine practices. Telemedicine involves remote consultation and care of patients using digital technologies such as video calls. It allows patients to consult doctors and receive medical advice from the comfort of their homes. This helps avoid non-essential visits to hospitals or clinics amid the COVID pandemic. With telemedicine gaining widespread acceptance, demand for hospital beds suitable for home use is increasing significantly. Manufacturers are focusing on developing powered and manual beds with features optimized for the home healthcare sector.


Segment Analysis


The powered hospital beds segment dominated the global powered and manual hospital beds market in 2022 and is expected to continue its dominance over the forecast period. Powered beds provide enhanced comfort and support through adjustable heights, positions, and settings. They are widely adopted in hospitals as they enable easier patient handling and transfer with minimum physical exertion for caregivers.


Key Takeaways


The global Powered And Manual Hospital Beds Market is expected to witness high growth, exhibiting a CAGR of 7.5% over the forecast period, due to increasing prevalence of chronic diseases and growth in the geriatric population globally.


Regional analysis


North America dominated the global market in 2022 and is expected to continue its dominance over the forecast period. This is attributed to the presence of advanced healthcare infrastructure and growing awareness regarding powered beds in the region. Asia Pacific is expected to witness the fastest growth over the forecast period supported by increasing healthcare expenditure and expanding healthcare facilities in developing countries of the region.


Key players operating in the powered and manual hospital beds market are Hill-Rom Holdings, Inc., Carevel Medical Systems Private Limited, Getinge AB, Invacare Corporation, Stryker Corporation Linet spol S.r.o, Paramount Bed Co. Ltd., Meditech (India) pvt ltd, Linet Group SE.




Read More : https://www.newsstatix.com/the-rapid-increase-in-geriatric-population-is-anticipated-to-openup-the-new-avenues-for-powered-and-manual-hospital-beds-market/

collect
0
avatar
Pooja Khodke
guide
Zupyak is the world’s largest content marketing community, with over 400 000 members and 3 million articles. Explore and get your content discovered.
Read more