In terms of revenue, Global medical beds market was valued at US$ 2978.0 million in 2018 and is anticipated to reach US$ 4750.0 million by 2027, growing at a CAGR of 5.3% over the forecast period. The past few decades have witnessed scientific achievements and technological advancements in the medical beds industry. The growing need to provide acute care services within the comfort and convenience of homecare is increasing the demand for manual and semi-electric medical beds. The gaps in healthcare coverage coupled with rise in geriatric population across developed and developing countries is further influencing the about Medical Beds Market growth. China, as a part of its “five-year plan”, has targeted to add more than 85,000 hospital beds by 2020. Developing countries too are proactively working towards enhancing their healthcare infrastructure. India, in order to achieve the minimum mandate for hospital beds, is estimated to increase its capacity and add more than 2.5 million beds in the coming years.

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Hospital beds can place the patient's body, which is not possible with ordinary beds used at home. As the pool of elderly patients suffering from chronic diseases increases and the level of disability worldwide increases, the global medical bed market will grow over the expected period. Aging population is likely to be injured and physical disabilities will fuel the global medical bed market during the evaluation period

The Medical Beds Market is divided into electric beds, semi-electric beds and manual beds. In 2018, electric beds have gained a large share of the global market as the number of benefits associated with electric beds, such as the number of patients and the comfort provided to patients. On the basis of use, the market is divided into acute care, long-term care, psychotherapy and maternity care. Acute care contributed to the largest revenue share in the  Medical Beds Market and is expected to grow significantly over the forecast period. This is because the demand for medical beds for acute care for the treatment of patients with chronic diseases is increasing. Depending on the application, the market is divided into intensive and non-intensive care.

Key Findings of the Report:
  • North America medical beds market held more than 20% of total market share in 2018. Increasing popularity of home healthcare is driving the demand for medical beds in the region
  • Asia Pacific medical beds market is poised to expand with fastest CAGR of over 8% during the forecast period. Establishment of new healthcare facilities and expansion of existing ones will result in tremendous demand for various medical bed categories in coming years.
  • India medical beds market and China medical beds market will be highly responsible for robust growth in Asia Pacific region
  • Rising adoption of medical treatments at homecare settings and increasing number of private hospitals are expected to further boost the investments in this sector, thereby fueling the market growth.
  • Key players operating in this market include Arjo., Hill-Rom Sercices, Inc, Paramount Bed Co. Ltd, Invacare Corporation and Besco Medical among others.
Enquiry Before Buying@ https://www.absolutemarketsinsights.com/enquiry_before_buying.php?id=267 Global Medical Beds Market By Product Type
  • Bariatric Bed
  • Long-term Care Bed
  • Psychiatric Care Bed
  • Acute Care Bed
  • Others
Medical Beds Market By Bed Type
  • Manual
  • Semi-electric
  • Full Electric
  • Specialty Hospital Beds
End Users:
  • Hospitals
  • Homecare Settings
  • Others
Medical Beds Market By Region:
  • North America
    • S.
    • Canada
    • Mexico
    • Rest of North America
  • Europe
    • France
    • The UK
    • Spain
    • Germany
    • Italy
    • Nordic Countries
      • Denmark
      • Finland
      • Iceland
      • Sweden
      • Norway
    • Benelux Union
      • Belgium
      • The Netherlands
      • Luxembourg
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • New Zealand
    • Australia
    • South Korea
    • Southeast Asia
      • Indonesia
      • Thailand
      • Malaysia
      • Singapore
      • Rest of Southeast Asia
    • Rest of Asia Pacific
  • Middle East & Africa
    • Saudi Arabia
    • UAE
    • Egypt
    • Kuwait
    • South Africa
    • Rest of Middle East & Africa
  • Latin America
    • Brazil
    • Argentina
    • Rest of Latin America
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