Market Research Future has a cooked research report on the global automated hospital beds market. The global automated hospital beds market is growing continuously and expected to grow at a CAGR of 5.97% from 2017 to 2023.
Global Automated Hospital Beds Market Information: By Type (Semi-Automatic, Fully Automatic), By Technology (Basic, & Smart), By Type of Treatment (Critical Care, Acute Care, & Long Term Care), By Usage (General Purpose, Intensive Care, and others), and By End User (Hospitals & Clinics, and others) – Forecast Till 2023
In some cases, patients experience difficulty getting in and out of beds where automated hospital beds play major role in solving this problem. Automated hospital beds allow patients to sit and get out of the bed in a position with comfort. Additionally, they are extremely beneficial for the doctors and nurses while performing critical procedures and treatment to the patients.
The global automated hospital beds market is growing at a steady pace and is expected to reach USD 2,553.4 million by 2023 from USD 1,590.1 million in 2016 at a CAGR of 5.97% during the assessment period 2017-2023. Rising number of various acute and chronic illness, rising geriatric population, increasing obese population, developing design and technology of the hospital beds for the betterment and comfort of the patients, and increasing healthcare expenditure drive the growth of the market.
On the other hand, high cost of automated hospital beds may hamper the growth of the market over the forecast period.
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The global automated hospital beds market has been evaluated to grow at steady pace over the reviewing period.
Automated hospital beds are specially designed for hospitalized patients who are in need of some form of health care services. These hospitals beds can provide comfort and well-being of the patient and convenience to the health care workers. Most common features of the automated hospital beds are automatic height adjustment of the entire bed including the head and the feet, adjustable side rails, and electronic buttons to operate both the bed and other nearby electronic devices.
Growing demand for automated hospital beds, increasing geriatric population, increasing inflow of patient population, and increasing technological advancements in the healthcare drive the growth of the market.
The global automated hospital beds market is expected to grow at a CAGR of 5.97% during the forecast period.
Taste the market data and market information presented through more than 144 market data tables and figures spread over 148 pages of the project report. Avail the in-depth table of content TOC & market synopsis on “automated hospital beds market research report–Global forecast till 2023.”
Major Players in Automated Hospital Beds Market
Some of the key players in the global market: ArjoHuntleigh, Gendron Inc., Hill-Rom, Invacare Corporation, Linet spol. s r.o., Medline Industries, Inc., Paramount Bed Holdings Co., Ltd., and Stryker
The global automated hospital beds market consists of four regions: Europe, the Americas, Asia Pacific, and the Middle East & Africa.
The Europe dominates the global market owing to the presence of huge patient population, increasing technological development, and huge healthcare expenditure. Additionally, continuous technological development and the growing presence of the global market leaders contribute to the market growth.
The Americas accounts for the second largest market due to strong economic conditions and rising investment in research and development. Moreover, increasing investments in reputed research centers and government institutions is expected to fuel the growth of this market. Additionally, significant investments by hospitals to upgrade their equipment including beds is likely to increase the growth of the market. According to WHO, the North American population is projected to grow by 42% from 2000 to 2050, which is likely to increase the demand for the healthcare product.
Asia Pacific is the fastest growing market due increasing prevalence of chronic diseases, growing government encouragement in healthcare sector, and increasing working population in healthcare industry will boost the market growth over the review period. Furthermore, increasing population, increasing number of life-threatening diseases, rising number of elderly people, and increasing healthcare expenditure resulting in growing number of hospitals likely to boost the demand for the automated hospital beds.
However, due to limited access to the healthcare resources, lack of technological development in healthcare facilities, and insufficient government encouragement in healthcare sector, the Middle East & Africa will hold less market share.
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The global automated hospital beds market is segmented on the basis of type, which include semi-automatic hospital beds and fully automatic hospital beds. On the basis of technology, it is segmented into basic-automated hospital beds and smart automated hospital beds. On the basis of type of treatment, it is segmented into critical care, acute care, and long term care. On the basis of usage, it is segmented into general purpose, intensive care, delivery/birthing, pediatric, bariatric, pressure relief, psychiatric care, and others. On the basis of end user, the market is segmented into hospitals & clinics, reproductive care centers, dentistry, and home users, and others
- The global automated hospital beds market and is expected to reach USD 2,553.4 million by 2023 at CAGR of 5.97%.
- Fully Automatic hospital bed segment accounted for 55% share of the global automated hospital beds market, by type in 2016 and is expected to reach USD 1,571.9 million by 2023
- Europe holds the largest market share of the automated hospital beds and was valued USD 572.7 million in 2016 and is expected to reach USD 893.8 million by 2023
- Asia Pacific is the fastest growing region across the globe and expected to grow at a rate of CAGR 4.42% during the forecast period.
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The report on the global automated hospital beds market of Market Research Future comprises of extensive primary research along with the detailed analysis of qualitative as well as quantitative aspects by various industry experts, key opinion leaders to gain deeper insight to the market and industry performance. The report gives a clear picture of the current market scenario which includes historical and projected market size in terms of value and volume, technological advancement, macro economical and governing factors in the market. The report provides details information and strategies of the top key players in the industry. The report also gives a broad study of the different market segments and regions
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