Aging Population & Emerging Economies to Drive Demand for Hospital Beds (Powered and Manual), According to New Report by Global Industry Analysts, Inc.

GIA announces the release of a comprehensive global report on Hospital Beds (Powered and Manual) markets. Global market for Hospital Beds (Powered and Manual) is projected to exceed US$4.5 billion by 2020, driven by aging population and rising incidence of age related chronic diseases, technology developments, and improving healthcare infrastructure in developing markets.

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Hospital Beds (Powered and Manual): A Global Strategic Business Report

San Jose, California (PRWEB) May 23, 2014

Follow us on LinkedIn - Global medical beds market is intensely competitive with healthcare cost-cutting initiatives across Europe and the United States exerting significant pricing pressures on manufacturers. Hospital beds market is undergoing a noticeable transformation with manufacturers focusing on customizing products and services in line with patient and hospital requirements, while maintaining a clear focus on global opportunities and challenges. Improving per capita healthcare spends in developing markets, increasing geriatric population, rising obesity levels continue to fuel the demand for hospital beds across the globe. With hospitals focusing on reduced inpatient stays, beds that are designed with safety features are gaining interest among care givers. Manufacturers are partnering with hospitals to design beds that enable safe patient handling, reduce patient falls, eliminate siderail entrapment and offer infection control. Hospital beds are increasingly being equipped with vital signs monitors and critical indicators that automatically notify care givers of deteriorating patient condition. Progressive mobility features are also gaining in importance in bed design especially for immobile patients. Growing preference for home care is resulting in manufacturers focusing on designing beds that can accommodate the requirements of patients looking for comfort at home. Growing obesity rate is also resulting in increased demand for specialty beds that support heavier patients.

As stated by the new market research report on
Hospital Beds (Powered and Manual), the United States constitutes the single largest market worldwide, while Asia-Pacific with a CAGR of 5.9% over the analysis period ranks as the fastest growing market. Rapid growth in several Asian economies such as China and India, expanding urban population, increased healthcare spending, shifting demographics, availability of advanced treatments for chronic diseases, and active participation of regional governments are factors driving growth in the region.

General Purpose Beds represents the largest product segment. Increased need for rehabilitation of patients suffering from psychotic disorders, drug abuse and AIDS is a major factor bolstering the need for general purpose hospital beds. Pressure Relief Beds represents the fastest growing segment with growth led by the need to prevent problems related with patient immobility such as pressure (decubitus) ulcers and pneumonia.

Major players covered in the report include Hill-Rom Holdings, Inc., Getinge AB, ArjoHuntleigh, Invacare Corporation, Linet, spol. s r.o., Paramount Bed Co., Ltd., and Stryker Corporation, among others.

The research report titled “Hospital Beds (Powered and Manual): A Global Strategic Business Report” announced by Global Industry Analysts Inc., provides a comprehensive review of market trends, issues, drivers, mergers, acquisitions and other strategic industry activities of major companies worldwide. The report provides market estimates and projections for all major geographic markets such as the US, Canada, Japan, Europe (France, Germany, Italy, UK, Spain, Russia and Rest of Europe), Asia-Pacific (China, India, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America) and Rest of World. Segments analyzed include General Purpose Beds, Birthing Beds, Pediatric Beds and Pressure Relief Beds (Air Fluidized Beds and Low Air-Loss Beds).

For more details about this comprehensive market research report, please visit –
http://www.strategyr.com/Hospital_Beds_Powered_and_Manual_Market_Report.asp.

About Global Industry Analysts, Inc.
Global Industry Analysts, Inc., (GIA) is a leading publisher of off-the-shelf market research. Founded in 1987, the company currently employs over 800 people worldwide. Annually, GIA publishes more than 1500+ full-scale research reports and analyzes 40,000+ market and technology trends while monitoring more than 126,000 Companies worldwide. Serving over 9500 clients in 27 countries, GIA is recognized today, as one of the world's largest and reputed market research firms.

Global Industry Analysts, Inc.
Telephone: 408-528-9966
Fax: 408-528-9977
Email: press(at)StrategyR(dot)com
Web Site: http://www.StrategyR.com/

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  • Raghu Gopal
    Global Industry Analysts Inc
    +1 408-528-9966
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