Hospital Beds Market to Surpass US$ 5.2 Billion Threshold by 2025 Globally
Posted: Nov 20, 2017
The U.S. Hospital Beds Market by type (electric beds, semi-electric beds, and manual beds), by usage (acute care beds, psychiatric care beds, long-term care beds, and others), by application (intensive care beds and non-intensive care beds), by end user (hospitals, home care settings, elderly care facilities, ambulatory surgical centers, and others) was valued at US$ 903.3 million in 2017 and is projected to expand at a CAGR of 5.9% during the forecast period (2017 – 2025), as highlighted in a new report published by Coherent Market Insights. Rising geriatric population associated chronic infections and diseases, such as cardiovascular diseases (CVD), cancers, and autoimmune diseases need longer hospital stays, which demands better healthcare management and it is expected to be a major driving factor for the growth of U.S hospital beds market over the forecast period.
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Hospital bed market is primarily driven by growing geriatric population, as they are more susceptible to the disease and require frequent hospitalization. Hence, growing geriatric population is expected to favor the growth of hospital bed market. Growing prevalence of chronic disease and investments by hospitals on infrastructural development is expected to drive the growth of the market. Technological advancement for ICU beds is expected to contribute to the growth of the market. For instance, Stryker’sInTouch, critical care bed is the first high acuity care bed, which provide advance technology, back smart ergonomics, and control all bed functions with an easy operating touch screen interface. However, high cost of the intensive care bed and advancement in treatments significantly reduce the hospital stay, which is hindering the growth of hospital bed market.
Global Industrial Microbiology Market, By Usage:
Acute Care Beds,Psychiatric Care Beds,Long-term Care Beds,Other Beds (Maternity and Bariatric Beds),.
Global Industrial Microbiology Market, By Application:
Intensive Care Beds,Non-intensive Care Beds,.
Global Industrial Microbiology Market, By Type:
Electric Beds,Semi-electric Beds,Manual Beds,
Global Industrial Microbiology Market, By End User:
Hospitals,Home Care Settings,Elderly Care Facilities,Ambulatory Surgical Centers,Others,.
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Key Takeaways of the U.S. hospital beds market:
The U.S hospital beds market is expected to expand at a CAGR 5.9% during the forecast period (2017 – 2025) due to the high global demand.
Among type, semi-electric beds hold a dominant position in the U.S. hospital beds market, as improvement in healthcare structure with installation of new hospital beds
Among usage, acute care beds are leading segment in the U.S. hospital beds market, as treatment is being more advance and gives better patient outcome.
Intensive care beds are the major application area of the U.S. hospital beds market, due to increasing life-threaten infections and accidents, which needs more comprehensive care.
Hospitals are the major end user of the U.S. hospital beds market, as rising prevalence of chronic diseases leads to increase hospitalization cases.
Some of the key players involved in global intraoperative imaging market are Hill-Rom Holdings, Inc, Carevel Medical Systems Private Limited, Getinge AB, Invacare Corporation, Stryker Corporation Linet spol S.r.o, Paramount Bed Co. Ltd., Meditech (India) pvt ltd, and Linet Group SE.
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