Global Hospital Bed Market is likely to reach US$ 5.9 Bn by 2032 and exhibit a 5.7% CAGR from 2022-2032 | PMR
The hospital bed market is a rapidly growing field within healthcare, offering crucial tools for those treating & monitoring patients. In recent years there has been a considerable growth in investment & research into better ways of developing these solutions – making it one of the most rapidly developing arenas for medical entrepreneurs. In this article, we will explore what you need to know about the hospital bed market & how it is continuing to shape the future of healthcare on a global scale.
With the rising prevalence of chronic diseases, the market for hospital beds is likely to reach US$ 5915.62 million by 2032 and exhibit a 5.7% CAGR from 2022-2032. As of the current year, 2022, the market is estimated at US$ 3398.21 million, against US$ 3214 million in 2021.
Request For Free Sample Report of “Hospital Bed Market”@ https://www.persistencemarketresearch.com/samples/2815
Firstly, there is an increasing focus on developing new technologies which have improved safety & patient comfort levels – helping reduce overall costs & ensuring that only high quality products are released onto the market. On top of this, many companies are now producing tailored versions that provide specialized solutions according to functional requirements or size – meaning users can benefit from optimized forms tailored according to their individual needs. Furthermore, numerous organizations have begun offering value added services such as remote monitoring or data collection abilities – helping them remain compliant whilst ensuring data safety is maintained across all facilities.
In addition, there is an increasingly growing demand for automated systems due to their convenience & reliability; providing consumers with a safe solution without needing to worry about unexpected errors or suspicion bias during readings. Furthermore, digital solutions have become commonplace amongst hospital beds; users can now efficiently store & transfer data from anywhere in the world – greatly reducing administrative burden & improving communication between providers & patients alike.
Companies
- Stryker Corporation
- Hill-Rom Holdings, Inc.
- Getinge AB
- Invacare Corporation
- StiegelmeyerGmBH& Co. KG
- Paramount Bed Holdings Co., Ltd.
- LINET Group SE
- Medline Industries, Inc.
- Joerns Healthcare LLC.
- Gendron, Inc.
- Span-America Medical Systems, Inc.
Buy Full Report Now @ https://www.persistencemarketresearch.com/checkout/2815
How are Key Players Endeavoring to Gain a Competitive Edge in the Global Hospital Bed Market?
The global hospital bed market is highly concentrated, with a few companies accounting for most of the market share such as Hill-Rom Holdings Inc. and Stryker Corporation. As a result of multiple strategic measures taken by major players in the market in recent years, such as product launches as well as facility expansions, these players have been able to gain a competitive edge in the market. Moreover, key players are also investing in developing economies.
- The Stryker Corporation, a medical technology company based in the United States, announced in February of 2021 that they had launched a completely wireless hospital bed, the Procuity. This bed series is designed to help reduce in-hospital patient falls at all acuity levels and improve workflow safety. It can connect nurses without the use of cables and wires.
- Stryker Corporation, released emergency relief beds in April 2020 to meet the need for hospital beds during the pandemic. It aims to manufacture 10,000 beds per week to meet the requirements.
- In May 2017, Hill-Rom Holdings Inc., launched the Hill-Rom Envella air fluidized therapy bed, a solution that is intended for wound care patients in need of continuous airflow therapy. It provides a better healing environment for the prevention and treatment of advanced pressure injuries.
- February 2018, Paramount Bed Holdings Co. (India) Ltd. announced the opening of a new manufacturing facility in India. As a result of the introduction of a new factory, the company is expected to expand its product portfolio and service offerings in the Indian subcontinent.
Request Customization @ https://www.persistencemarketresearch.com/request-customization/2815
Key Segments Covered in the Hospital Bed Industry Report
Hospital Bed Market by Type
- Semi-Electric Beds
- Electric Beds
- Manual Beds
Hospital Bed Market by Usage
- Acute Care Beds
- Long-Term Care Beds
- Psychiatric Care Beds
- Others
Hospital Bed by Application
- Non-Intensive Care Beds
- Intensive Care Beds
Hospital Bed Market by End User
- Hospitals & Clinics
- Elderly Care Facilities
- Ambulatory Surgical Centers
- Home Care Settings
For More Premium Insights, Check out the Link:
Bladder Cancer Treatment Drugs market
About Us
Persistence Market Research is a U.S.-based full-service market intelligence firm specializing in syndicated research, custom research, and consulting services. Persistence Market Research boasts market research expertise across the Healthcare, Chemicals and Materials, Technology and Media, Energy and Mining, Food and Beverages, Semiconductor and Electronics, Consumer Goods, and Shipping and Transportation industries. The company draws from its multi-disciplinary capabilities and high-pedigree team of analysts to share data that precisely corresponds to clients’ business needs.
Contact Us:
Persistence Market Research
Japan
Persistence Market Research
1-2-1 Kinshi Arca Central Building 14/F Tokyo, 130-0013 Japan
Call 0800-222-1088
United States
Address – 305 Broadway, 7th Floor, New York City, NY 10007 United States
U.S. Ph. – +1-646-568-7751
USA-Canada Toll-free – +1 800-961-0353
Sales – sales@persistencemarketresearch.com
This Press Release has been written with the intention of providing accurate market information which will enable our readers to make informed strategic investment decisions. If you notice any problem with this content, please feel free to reach us on mediarelations@xherald.com.
Xherald
