Factors such as
increasing investments in healthcare infrastructural development, technological
innovations in ICU beds, increasing number of beds in private hospitals, and
increasing volume of chronic care patients are expected to drive the growth of
the medical beds market in the coming years. On the other hand, the declining
number of beds in public hospitals may limit market growth to a certain extent.
The growing trend of home care is expected to provide a wide range of
opportunities to players in the Medical Beds Market.
Download PDF Brochure: http://www.marketsandmarkets.com/pdfdownload.asp?id=171671404
Market Dynamics
Drivers
Restraints
Opportunities
Based on usage, the medical beds market is segmented into major four
categories— acute care, psychiatric care and bariatric care, long-term care,
and other beds (maternity and rehabilitative beds). The long-term care segment
is expected to have the fastest-growing market during the forecast period owing
to the increasing number of patients requiring long-term care.
Read More about Medical Beds Market:
https://www.marketsandmarkets.com/Market-Reports/hospital-beds-market-171671404.html
On the basis of type, the medical beds market is segmented into— manual
beds, semi-electric beds, and electric beds. The electric beds segment is
expected to dominate the medical beds market in 2017. The growing obesity rate
is the major factor driving the demand for electric beds, as these are
essential medical equipment in bariatric care. Moreover, the presence of
favorable reimbursement policies in major markets such as the U.S. is also
expected to support the growth of the electric beds market. For instance,
Medicare provides a reimbursement of 7.5% on the purchase of new electric beds
which can be used in home care settings. Such factors have increased the
adoption rate of electric beds in home care and elderly care settings in
developed regions such as the U.S.
Geographically, Europe is
expected to account for the largest share of the global medical beds market in
2017, followed by North America. Compared to mature markets, the Asia-Pacific
region is expected to grow at the highest CAGR in the forecast period. Growth
in this regional segment is propelled by the growing healthcare infrastructure,
rising number of contract manufacturing organizations (CMOs), and increasing
number of bariatric population requiring care.
Major players operating in
the medical beds market include Stryker Corporation (U.S.), Hill-Rom Holding,
Inc. (U.S.), Getinge Group (Sweden), and Invacare Corporation (U.S.).
Talk
To Our Research Analysts: http://www.marketsandmarkets.com/speaktoanalyst.asp?id=171671404
The Wall