The technological advancements in hospital beds are further also escalating the market globally. Hospital beds with power mattresses for uninterrupted pressure redistribution with fitted electric motor improve blood circulation and helps in preventing the formation of bed sores. The advanced features offered by these beds make them popular and leads to the growth of the market worldwide.
The key restraint hampering the growth of the hospital bed market is their high cost. High cost of beds decreases the affordability of people in low income regions. Various hospital beds, such as electrical beds, birthing beds, bariatric beds, and critical care are extremely expensive, which makes them unaffordable for hospitals with limited budget allocated for healthcare. In developing countries, such as India, China, and Brazil, manual and semi-electrical beds are preferred, as compared to electric beds, owing to their low price. Some of the companies operating in the global hospital bed market include Hill-Rom Holings Inc., Getinge AB, Stryker Corporation, Invacare Corporation, PARAMOUNT BED CO., LTD, Gendron, Inc., Medline Industries Inc., Span-America Medical Systems, Inc., Savion Industries Ltd., and Linet spol. s r.o.
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