Global Electrical Hospital Beds Market Research Report: by Type (Semi-automatic, Automatic), by Treatment (Critical Care, Acute Care, Long Term Care), by Application (General Purpose, Psychiatric), by End-user (Hospitals & Clinics, Reproductive Care Centers, Dentistry, Home Care), and Region - Forecast to 2023
Market Research Future predicted that the Global Electric Hospital Beds Market Size would attain a CAGR of 7.25% during the forecast period, 2018-2023
Electric hospital beds are essential equipment that makes patients with chronic illness or serious injury comfortable. Factors influencing market growth include rising obesity, increased health spending in countries and the development of new ergonomic bed designs to provide patients with a comfortable experience. An increasing number of accidents, wars, and natural disasters have led hospitals to allocate more room for first aid, increasing the demand for electric hospital beds. In addition, the government of several countries is reorganizing its healthcare sector, which stimulates the growth of the electric hospital bed market. Technological advances have made it possible to improvise electric hospital beds and thus increase sales of electric hospital beds. On the other side, the advancement of the electric hospital bed market may be slowed by high costs and high maintenance costs.
Electrical Hospital Beds Market Key Players
The global Electrical Hospital Beds Market is supported and driven by leading giants around the globe. These major players include Amico Group of Companies, Midmark Corporation, Hill Room Holding, Span America Medical System, Medline Industries, Inc., Famed Zywiec Sp.zo.o., Stryker Corporation, Midmark Corporation, ArjoHuntleigh, Gendron, Inc., Merivaara Corporation, Linet spol.s.r.o., Getinge AB, Getinge AB, and Invacare Corporation.
Electrical Hospital Beds Market Recent Updates
The American Legion of Iowa Foundation wrote a check for $1,400 for New Hope to retort to their attempts to raise funds for procuring electric hospital beds. Over the past year, New Hope has been beseeching financial help to bring in new beds that are to be used by some of their on-campus people.
Electrical Hospital Beds Market Segmentation
The electric hospital beds market for electric hospital beds is strongly divided into bed type, treatment type, application, and end-user.
The global market for electric hospital beds is divided into fully automatic beds and semi-automatic beds. The fully automatic bed segment is valued at $1,029 million and is expected to reach the $1,570.9 million by 2023, achieve the highest CAGR of 8.83% during the forecast period. The segment of semi-automatic beds should grow at a CAGR of 5.07% during the evaluation period.
Based on treatment, the global electric hospital beds market is classified as long-term care and intensive care. The intensive care segment that has the largest share is a growing segment and is expected to develop at a CAGR of 8.03% to $ 1,020.6 million. The acute healthcare segment is expected to be the second-largest and reach $865.4 million by 2023.
By application, the global market for electric hospital beds is segmented into general services, delivery, intensive care, pressure relief, bariatric, pediatric, psychiatric care, and others and forecasted to attain a valuation of 836.4 million, with a CAGR of 7.29%. The ICU segment is expected to grow fastest, with a CAGR of 7.82% over the forecast period.
The end-user has segmented the global market for electric hospital beds in hospitals and clinics, reproductive health centers, dentistry, home care, and others. The hospital and clinic segments dominate the market, and a 7.25% CAGR with an increase is expected over the forecast period. However, the home care segment is likely to flourish at the fastest and to report a CAGR of 8.81% over the forecast period.
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Electrical Hospital Beds Market Regional Insights
Europe is the largest market for electric hospital beds and represented 34% of the global market in 2017. The presence of advanced healthcare infrastructure and the emphasis on health and patient comfort in the region is the driving force of the market. The United Kingdom, France, and Germany make the largest contribution to the European market, which could reach $ 906.4 million by the end of 2023.
The Americas positioned at second in the global market is supported by high healthcare-based spending in developed economies such as the US and Canada.
The Asia Pacific region is projected to show a swift growth trend during the forecast period. Growing investments to create sophisticated healthcare infrastructure, booming medical tourism, and presence of huge pool of patient population is favoring the growth of the global electrical hospital beds market in the region.
Global Electrical Hospital Beds Market Research Report: by Type (Semi-automatic, Automatic), By Treatment (Critical Care, Acute Care, Long Term Care), By Application (General Purpose, Psychiatric), by End-user (Hospitals & Clinics, Reproductive Care Centers, Dentistry, Home Care) - Forecast to 2027The global electrical hospital beds market is likely to attain a valuation of USD 2,595.4 Mn at a CAGR of 7.25% by the end of the forecast period of 2018-2023, asserts Market Research Future (MRFR) in an in-depth study.
Patients with acute disease conditions such as paralysis, spinal injuries, and others have witnessed a surge in number in recent years, and electrical hospital beds are increasingly gaining traction among such patients.
Electrical hospital beds can be operated with minimal assistance and are of great help to ailing patients.
Medical emergency units generate a high demand for electrical hospital beds since medical emergency rooms experience an influx of patients with severe medical ailments.
Furthermore, the government in multiple countries are revamping their healthcare sector which is providing a boost to the growth of the electrical hospital beds market.
Technological advancements which result in improvising of electrical hospital beds and consequently leads to the increased sale of electrical hospital beds.
The global electrical hospital beds market is likely to attain a valuation of USD 2,595.4 Mn at a CAGR of 7.25% by the end of the forecast period of 2018-2023, asserts Market Research Future (MRFR) in an in-depth study.
Patients with acute disease conditions such as paralysis, spinal injuries, and others have witnessed a surge in number in recent years, and electrical hospital beds are increasingly gaining traction among such patients.
Electrical hospital beds can be operated with minimal assistance and are of great help to ailing patients.
Medical emergency units generate a high demand for electrical hospital beds since medical emergency rooms experience an influx of patients with severe medical ailments.Request Sample Copy:https://www.marketresearchfuture.com/sample_request/6552A growing number of accidents, wars, and natural calamities have prompted hospitals to delegate more space for emergency rooms which has further induced demand for electrical hospital beds.
Furthermore, the government in multiple countries are revamping their healthcare sector which is providing a boost to the growth of the electrical hospital beds market.
Technological advancements which result in improvising of electrical hospital beds and consequently leads to the increased sale of electrical hospital beds.
The latest trending report Global Electrical Hospital Beds Market 2020 by Manufacturers, Regions, Type and Application, Forecast to 2025 offered by DecisionDatabases.com is an informative study covering the market with detailed analysis.
The report will assist reader with better understanding and decision making.The global Electrical Hospital Beds market size is expected to gain market growth in the forecast period of 2020 to 2025, with a CAGR of 3.3% in the forecast period of 2020 to 2025 and will expected to reach USD 6116 million by 2025, from USD 5380.3 million in 2019.The Electrical Hospital Beds market report provides a detailed analysis of global market size, regional and country-level market size, segmentation market growth, market share, competitive Landscape, sales analysis, impact of domestic and global market players, value chain optimization, trade regulations, recent developments, opportunities analysis, strategic market growth analysis, product launches, area marketplace expanding, and technological innovations.Final Report will cover the impact of COVID-19 on this industry.Browse the complete report and table of contents @ https://www.decisiondatabases.com/ip/27304-electrical-hospital-beds-market-analysis-reportThe major players covered in Electrical Hospital Beds are:Linet InvacareSpan America Medical SystemsHill RomParamount BedMedline IndustriesBy Type, Electrical Hospital Beds market has been segmented intoGeneral BedsBirthing BedsPediatric BedsBariatric BedsPressure Relief BedsBy Application, Electrical Hospital Beds has been segmented into:HospitalsHome Care SettingsElderly Care FacilitiesAmbulatory Surgical CentersThe report offers in-depth assessment of the growth and other aspects of the Electrical Hospital Beds market in important countries (regions), including:North America (United States, Canada and Mexico)Europe (Germany, France, UK, Russia and Italy)Asia-Pacific (China, Japan, Korea, India and Southeast Asia)South America (Brazil, Argentina, etc.
)Middle East & Africa (Saudi Arabia, Egypt, Nigeria and South Africa)Download Free Sample Report of Global Electrical Hospital Beds Market @ https://www.decisiondatabases.com/contact/download-sample-27304The content of the study subjects, includes a total of 15 chapters:Chapter 1, to describe Electrical Hospital Beds product scope, market overview, market opportunities, market driving force and market risks.Chapter 2, to profile the top manufacturers of Electrical Hospital Beds, with price, sales, revenue and global market share of Electrical Hospital Beds in 2018 and 2019.Chapter 3, the Electrical Hospital Beds competitive situation, sales, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.Chapter 4, the Electrical Hospital Beds breakdown data are shown at the regional level, to show the sales, revenue and growth by regions, from 2015 to 2020.Chapter 5, 6, 7, 8 and 9, to break the sales data at the country level, with sales, revenue and market share for key countries in the world, from 2015 to 2020.Chapter 10 and 11, to segment the sales by type and application, with sales market share and growth rate by type, application, from 2015 to 2020.Chapter 12, Electrical Hospital Beds market forecast, by regions, type and application, with sales and revenue, from 2020 to 2025.Chapter 13, 14 and 15, to describe Electrical Hospital Beds sales channel, distributors, customers, research findings and conclusion, appendix and data source.Purchase the complete Global Electrical Hospital Beds Market Research Report @ https://www.decisiondatabases.com/contact/buy-now-27304Other Reports by DecisionDatabases.com:Global Medical Bed Market 2020 by Manufacturers, Regions, Type and Application, Forecast to 2025Global Murphy Bed Market 2020 by Manufacturers, Regions, Type and Application, Forecast to 2025Global Hidden Bed Market 2020 by Manufacturers, Regions, Type and Application, Forecast to 2025About-Us:DecisionDatabases.com is a global business research reports provider, enriching decision makers and strategists with qualitative statistics.
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