In this report, RNM covers the present scenario (with the base year being 2017) and the growth prospects of global Electrical Hospital Beds market for 2018-2023.
A hospital bed is specifically created for hospitalized patients or others in need of some form of assistance and relief. The special features possessed by these beds are for both the comfort and well-being of patients and for the convenience of health care workers.
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First of all, healthcare expenditure is increasing worldwide, according to World Health Organisation (WHO); the total healthcare expenditure is increasing globally, leading to the improvements in the healthcare infrastructure.
This increase in healthcare expenditure leads to construction and renovation of old hospitals with installation of new medical equipment and hospital beds. Second, The maturing population will drive interest for doctor’s facility beds, as more individuals require industry items for their medical consideration, including at-home restorative consideration.
Moreover, producers will present new items with the most recent advances, for example, coordinated scales and key signs screens, to empower request. In this manner, the Hospital Bed Manufacturing industry’s income will keep on growing, in accordance with predictable interest, new advancements and a maturing population.
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In addition, aging population acts as a major driver for the market as this pool is more prone to falling ill due to low immunity levels and longer recovery period. Aged people require more care as they are more susceptible to accidents, trauma, injuries due to burns, fractures, and falls that lead to an increase in the number of hospitalisation cases; this fuels the demand for hospital beds.
Over the next five years, RNM projects that Electrical Hospital Beds will register a 3.9% CAGR in terms of revenue, reach US$ 7260 million by 2023, from US$ 6000 million in 2017.
This report presents a comprehensive overview, market shares, and growth opportunities of Electrical Hospital Beds market by product type, application, key manufacturers and key regions.
To calculate the market size, RNM considers value and volume generated from the sales of the following segments:
Segmentation by product type:
Pressure Relief Beds
Segmentation by application:
Home Care Settings
Elderly Care Facilities
Ambulatory Surgical Centers
This report also splits the market by region:
Middle East & Africa
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The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report:
Span America Medical Systems
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole.
It also analyzes key emerging trends and their impact on present and future development.
To study and analyze the global Electrical Hospital Beds consumption (value & volume) by key regions/countries, product type and application, history data from 2013 to 2017, and forecast to 2023.
To understand the structure of Electrical Hospital Beds market by identifying its various subsegments.
Focuses on the key global Electrical Hospital Beds manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Electrical Hospital Beds with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Electrical Hospital Beds submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
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