New York, June 21, 2016 /PRNewswire/ --
According to market research "Global Hospital Bed Market Size, Share, Development, Growth and Demand Forecast to 2022 - Industry Insights by Type (General Beds, Birthing Beds, Bariatric Beds, Pediatric Beds, Pressure Relief Beds and Others), by Treatment (Acute Care Beds, Critical Care Beds and Long Term Care Beds), and by Power (Manual Beds, Semi Electric Beds and Electric Beds)" by P&S Market Research, the global hospital beds market was valued at $5,459.1 million in 2015, and it is expected to grow at a CAGR of 4.6% during the period 2016 - 2022.
The global market is increasing, due to growing geriatric population and increasing healthcare expenditure. In addition, the lifestyle changes are leading to chronic illness, due to the increased usage of caffeine, tobacco and alcohol. This has generated the demand for hospitalization, thus encouraging the growth of the global market.
Explore Report with Detailed TOC on "Global Hospital Beds Market" at: https://www.psmarketresearch.com/market-analysis/hospital-beds-market
Based on type, the general bed segment is expected to witness the fastest growth during the forecast period. Among the treatment types, the acute care bed segment had the largest market size in the global market during 2015; however the critical care bed segment is expected to witness the fastest growth, wit at 5.1% CAGR during the period 2016 - 2022.
According to World Health Organisation (WHO); the total healthcare expenditure is increasing globally, thus 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.
Request For Sample Pages: https://www.psmarketresearch.com/market-analysis/hospital-beds-market/report-sample
Aging population acts as a major growth 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; which fuels the demand for hospital beds.
However, the high price of hospital beds, such as fully electrical beds, critical care beds, surgical beds, birthing beds, and bariatric beds acts as major restraints in the growth of the market. In developing countries, such as China, India and Brazil, manual and semi-electrical beds are preferred, as compared to fully electrical beds, owing to their low price. The Asian market is expected to witness the fastest growth, at a CAGR of 5.2% during the period 2016 - 2022.
Browse Related Research at: https://www.psmarketresearch.com/industry-report/medical-devices
The key companies operating in the global hospital beds market include Hill-Rom Holdings 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.
GLOBAL HOSPITAL BEDS MARKET SEGMENTATION
- General Beds
- Bariatric Beds
- Pediatric Beds
- Pressure Relief Beds
- Birthing Beds
- Acute Care Beds
- Critical Care Beds
- Long Term Care Beds
- Manual Beds
- Semi-Electric Beds
- Electric Beds
- North America- U.S., and Rest of North America
- Europe- Germany, France, Russia, U.K., and Rest of Europe
- Asia- China, Japan, India, and Rest of Asia
- Rest of the World (RoW) - Brazil and Others
Browse Other Reports by P&S Market Research
Global X-Ray Imaging Market - https://www.psmarketresearch.com/market-analysis/x-ray-imaging-market
Global mHealth Market - https://www.psmarketresearch.com/market-analysis/mobile-healthcare-market
Global Ultrasound Device Market - https://www.psmarketresearch.com/market-analysis/ultrasound-devices-market
About P&S Market Research:
P&S Market Research is a market research company, which offers market research and consulting services for various geographies around the globe. We provide market research reports, industry forecasting reports, business intelligence, and research based consulting services across different industry/business verticals.
As one of the top growing market research agency, we're keen upon providing market landscape and accurate forecasting. Our analysts and consultants are proficient with business intelligence and market analysis, through their interaction with leading companies of the concerned domain. We help our clients with B2B market research and assist them in identifying various windows of opportunity, and framing informed and customized business expansion strategies in different regions.
Assistant - Client Partner
347, 5th Ave. #1402
New York City, NY - 10016
Toll-free: +1-888-778-7886 (USA/Canada)
SOURCE P&S Market Research