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U.S. Hospital Beds Market – Industry outlook and data collected 2018-2026

Author: Satish Sraje
by Satish Sraje
Posted: May 30, 2019

Hospital beds are serving the purpose of patient care in various medical institution and residences. Hospital beds are versatile and robust, in terms of ease to clean, maintenance as compared to household bed for a longer period of time. Hospital beds can be set to any inclination as per the patient’s comfort with the help of levers fixed to the beds. Moreover, most of the modern hospitals provide electric and semi-electric beds, which cut down the need of medical assistance for patient monitoring as well as movement. Hospital beds are conventionally used in various patient care settings, such as intensive care unit beds, psychiatry beds, ambulatory, pediatric beds, terminal patient beds, outpatient beds, bariatric beds, and maternity beds.

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Market DynamicsThe U.S. hospital bed market is gaining significant traction due to rising geriatric population associated diseases. For instance, according to Population Reference Bureau (PRB), in 2016, around 46 million people were aged 65 years and older in the U.S. and by 2060 population is predicted to be 98 million. Geriatric population is more susceptible to infections, which raises the demand for public health system to increase the number of beds in the hospitals. This is expected to boost the growth of the U.S. hospital bed market over the forecast period. Furthermore, in October 2017, Highmark Health announced to build a new 160-bed hospital in Pine Township (U.S.). Highmark aims to make healthcare more affordable. This new hospital is expected to get regulatory approval in mid-2018 and complete by 2021.

Detailed Segmentation:

  • U.S. Hospital Beds Market, By Type:
    • Electric Beds
    • Semi-electric Beds
    • Manual Beds
Key features of the study:
  • This report provides in-depth analysis of the S. Hospital Beds Market and its device type, market size (US$ Million), and Cumulative Annual Growth Rate (CAGR %) for the forecast period: 2017 – 2025, considering 2017 as the base year.
  • It elucidates potential revenue opportunity across different segments and explains attractive investment proposition matrix for this market.
  • This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, regional outlook, and competitive strategy adopted by the leading players.

Factors such as rising number of road accidents, sports injuries, and associated chronic infections mainly needs a surgery, which will drive growth in the hospital beds market in the U.S. For instance, according to World Health Organization (WHO), 2017, road traffic injuries are the leading cause of death among people aged between 15 and 29 years. High cases of bed-ridden and traumatic brain injury-related emergency patients demands longer hospital stays, in turn raising the demand for the hospitals beds, which is expected to propel the immense growth of the U.S. hospital beds market over the forecast period.For instance, according to the Centers for Disease Control and Prevention (CDC), in 2013, around 2.8 million traumatic brain injury-related emergency department (ED) hospitalizations, visits, and deaths were estimated in the U.S. Traumatic brain injury estimated around 282,000 hospitalizations and around 2.5 million reported emergency department visits in the U.S. According to the data of CDC, it represents high prevalence of traumatic brain disorders, which requires constant care and longer hospital stays which in turn increase demand for hospital beds. This will fuel the growth of the U.S. hospital beds market over the forecast period.

Initiatives taken by the U.S government and healthcare organizations for proper disease management requiring long stay in hospital is expected to witness the growth of the U.S hospital beds marketIn October 2017, U.S. navy’s hospital ship named USNS Comfort, designed a bed to treat people in disaster strike. The USNS comfort ship has 1,000 patient beds, which includes 80 intensive care bed and 12 operating rooms for both civilian and military. Furthermore, to improve healthcare facilities for the maximum patient outcome, Highmark has announced to build 160-bed hospital in Pine Township. Highmark is intended to provide affordable healthcare service in the U.S. Highmark is expected to get regulatory approval in mid-2018 and project completion in 2021. Thus, this portfolio aims to improve healthcare service for better treatment management, which is expected to boost the growth of U.S. hospital beds market growth over the forecast period.Click to read more on U.S. Hospital Beds Market

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Author: Satish Sraje

Satish Sraje

Member since: Nov 01, 2018
Published articles: 132

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