The Hospital Beds market is projected to witness a significant growth during the forecast period. The Hospital Beds market growth is driven by Increasing investments in healthcare infrastructural development. Also, growing consumer inclination towards highly aided and efficiently equipped hospitals is another critical element accelerating the growth of the hospital beds market over the forecast period.
The increasing incidence of chronic diseases such as chronic pulmonary diseases, diabetes, cancer, and cardiovascular disease (CVD) are anticipated to fuel the demand of hospital beds market during the forecast period. For instance, according to the Cancer Research UK, over 20 new cases of ovarian cancers are identified each day and it is projected to surge by approximately 15% from 2014 to 2035 in the UK.
With an increase in the occupancy rate of existing beds, the demand for hospital beds in these states is expected to be limited. Thereby, restraining market growth. Additionally, since the large percentage of patients are treated as outpatients, the need for hospitalization is further decreased.
Covid-19 Impact on Hospital Beds Market:
In addition, the current Hospital Beds Market study offers a detailed analysis of the current COVID-19 pandemic impact on the market growth and its influence on the future growth of the Hospital Beds Market. The recently published report demonstrates the elevation in the demand for the healthcare sector. The healthcare manufacturers have experienced long term as well as short term effect which includes supply shortages, panic buying and stocking, regulation changes as short-term whereas approval delays and possible trend variations in consumption could be perceived as long-term impacts of COVID-19 on the health and pharmaceutical market.
The increasing need for a cure has pushed vaccine research and manufacturers to the limit. In addition to this, panic conditions have already spurred the demand for many healthcare products and services which are discussed in detail in this report. Moreover, the impact of COVID-19 on overall market revenue for the base year 2020 and its projection up to 2027 is provided in detail in this report.
Hospital Beds Market Segment Overview
On the basis of type, the global Hospital Beds market is segmented into ABS Bed, Stainless Steel Bed, Alloy Bed, and Others. The ABS Bed held the major share in the global Hospital Beds market. This segment is anticipated to witness a significant CAGR over the forecast period owing to its low cost and easy availability as compared with other types such as stainless steel beds or alloy beds.
In terms of application, the market is segmented into Psychiatric, Infectious Diseases, Tuberculosis, and Others. Among these Infectious Diseases, the segment is expected to hold the major share in the global market owning an increasing rate of hospitalization due to the recent outbreak of COVID-19 pandemics and other infectious diseases
Market Analysis, Insights and Forecast – By Type
· ABS Bed
· Stainless Steel Bed
· Alloy Bed
· Others
Market Analysis, Insights, and Forecast – By Application
· Psychiatric
· Infectious Diseases
· Tuberculosis
· Others
Hospital Beds Market Regional Overview
The regional analysis include adoption of Hospital Beds products across North America, Europe, Asia-Pacific (APAC), Latin America Middle East & Africa (MEA). Europe was the leading revenue contributor to the global Hospital Beds market in 2020 due to upsurge in number of chronic disease and increase in geriatric population. However, Asia-Pacific is expected to experience the fastest CAGR during the forecast period, due to growing government focus on healthcare sector, rising prevalence of chronic diseases, pandemic outbreak of COVID-19.
Hospital Beds Market, By Geography
· North America (US & Canada)
· Europe (UK, Germany, France, Italy, Spain, & Rest of Europe)
· Asia-Pacific (Japan, China, India, Australia, & South Korea, & Rest of Asia-Pacific)
· LAMEA (Brazil, Saudi Arabia, UAE & Rest of LAMEA)
Hospital Beds Market Competitor overview
Some key developments and strategies adopted by manufacturers in the Hospital Beds are highlighted below.
· In February 2021, Stryker introduced its ProCuity Bed Series, a low-height hospital bed designed for all patient care environments. It has wireless connectivity and fall prevention technology.
Hospital Beds Market, Key Players
· STRYKER
· Hill-Rom
· LINET GROUP
· JOERNS
· STIEGELMEYER
· Span America
· The French Bed
· Merivaara
· Guldmann
· ArjoHuntleigh
1. Introduction
- 1.1. Research Scope
- 1.2. Market Segmentation
- 1.3. Research Methodology
- 1.4. Definitions and Assumptions
2. Executive Summary
3. Market Dynamics
- 3.1. Market Drivers
- 3.2. Market Restraints
- 3.3. Market Opportunities
4. Key Insights
- 4.1. Key Emerging Trends – For Major Countries
- 4.2. Latest Technological Advancement
- 4.3. Regulatory Landscape
- 4.4. Industry SWOT Analysis
- 4.5. Porters Five Forces Analysis
5. Global Hospital Beds Market Analysis (USD Billion), Insights and Forecast, 2020-2027
- 5.1. Key Findings / Summary
- 5.2. Market Analysis, Insights and Forecast – By Type
- 5.2.1. ABS Bed
- 5.2.2. Stainless Steel Bed
- 5.2.3. Alloy Bed
- 5.2.4. Others
- 5.3. Market Analysis, Insights, and Forecast – By Application
- 5.3.1. Psychiatric
- 5.3.2. Infectious Diseases
- 5.3.3. Tuberculosis
- 5.3.4. Others
- 5.4. Infectious Market Analysis, Insights and Forecast – By Region
- 5.4.1. North America
- 5.4.2. Europe
- 5.4.3. Asia Pacific
- 5.4.4. Latin America, Middle East, and Africa
6. North America Hospital Beds Market Analysis (USD Billion), Insights and Forecast, 2020-2027
- 6.1. Key Findings / Summary
- 6.2. Market Analysis, Insights and Forecast – By Type
- 6.2.1. ABS Bed
- 6.2.2. Stainless Steel Bed
- 6.2.3. Alloy Bed
- 6.2.4. Others
- 6.3. Market Analysis, Insights, and Forecast – By Application
- 6.3.1. Psychiatric
- 6.3.2. Infectious Diseases
- 6.3.3. Tuberculosis
- 6.3.4. Others
- 6.4. Market Analysis, Insights and Forecast – By Country
- 6.4.1. U.S.
- 6.4.2. Canada
7. Europe Hospital Beds Market Analysis (USD Billion), Insights and Forecast, 2020-2027
- 7.1. Key Findings / Summary
- 7.2. Market Analysis, Insights and Forecast – By Type
- 7.2.1. ABS Bed
- 7.2.2. Stainless Steel Bed
- 7.2.3. Alloy Bed
- 7.2.4. Others
- 7.3. Market Analysis, Insights, and Forecast – By Application
- 7.3.1. Psychiatric
- 7.3.2. Infectious Diseases
- 7.3.3. Tuberculosis
- 7.3.4. Others
- 7.4. Market Analysis, Insights and Forecast – By Country
- 7.4.1. UK
- 7.4.2. Germany
- 7.4.3. France
- 7.4.4. Italy
- 7.4.5. Spain
- 7.4.6. Russia
- 7.4.7. Rest of Europe
8. Asia Pacific Hospital Beds Market Analysis (USD Billion), Insights and Forecast, 2020-2027
- 8.1. Key Findings / Summary
- 8.2. Market Analysis, Insights and Forecast – By Type
- 8.2.1. ABS Bed
- 8.2.2. Stainless Steel Bed
- 8.2.3. Alloy Bed
- 8.2.4. Others
- 8.3. Market Analysis, Insights, and Forecast – By Application
- 8.3.1. Psychiatric
- 8.3.2. Infectious Diseases
- 8.3.3. Tuberculosis
- 8.3.4. Others
- 8.4. Market Analysis, Insights and Forecast – By Country
- 8.4.1. China
- 8.4.2. India
- 8.4.3. Japan
- 8.4.4. Australia
- 8.4.5. South East Asia
- 8.4.6. Rest of Asia Pacific
9. Latin America, Middle East, and Africa Hospital Beds Market Analysis (USD Billion), Insights and Forecast, 2020-2027
- 9.1. Key Findings / Summary
- 9.2. Market Analysis, Insights and Forecast – By Type
- 9.2.1. ABS Bed
- 9.2.2. Stainless Steel Bed
- 9.2.3. Alloy Bed
- 9.2.4. Others
- 9.3. Market Analysis, Insights, and Forecast – By Application
- 9.3.1. Psychiatric
- 9.3.2. Infectious Diseases
- 9.3.3. Tuberculosis
- 9.3.4. Others
- 9.4. Market Analysis, Insights and Forecast – By Country
- 9.4.1. Brazil
- 9.4.2. Saudi Arabia
- 9.4.3. UAE
- 9.4.4. Rest of LAMEA
10. Competitive Analysis
- 10.1. Company Market Share Analysis, 2020
- 10.2. Key Industry Developments
- 10.3. Company Profile
- 10.4. STRYKER
- 10.4.1. Business Overview
- 10.4.2. Segment 1 & Service Offering
- 10.4.3. Overall Revenue
- 10.4.4. Geographic Presence
- 10.4.5. Recent Development
- 10.5. Hill-Rom
- 10.6. LINET GROUP
- 10.7. JOERNS
- 10.8. STIEGELMEYER
- 10.9. Span America
- 10.10. The French Bed
- 10.11. Merivaara
- 10.12. Guldmann
Data Library Research are conducted by industry experts who offer insight on industry structure, market segmentations technology assessment and competitive landscape (CL), and penetration, as well as on emerging trends. Their analysis is based on primary interviews (~ 80%) and secondary research (~ 20%) as well as years of professional expertise in their respective industries. Adding to this, by analysing historical trends and current market positions, our analysts predict where the market will be headed for the next five years. Furthermore, the varying trends of segment & categories geographically presented are also studied and the estimated based on the primary & secondary research.
In this particular report from the supply side Data Library Research has conducted primary surveys (interviews) with the key level executives (VP, CEO’s, Marketing Director, Business Development Manager and SOFT) of the companies that active & prominent as well as the midsized organization
FIGURE 1: DLR RESEARH PROCESS
Extensive primary research was conducted to gain a deeper insight of the market and industry performance. The analysis is based on both primary and secondary research as well as years of professional expertise in the respective industries.
In addition to analysing current and historical trends, our analysts predict where the market is headed over the next five years.
It varies by segment for these categories geographically presented in the list of market tables. Speaking about this particular report we have conducted primary surveys (interviews) with the key level executives (VP, CEO’s, Marketing Director, Business Development Manager and many more) of the major players active in the market.
Secondary ResearchSecondary research was mainly used to collect and identify information useful for the extensive, technical, market-oriented, and Friend’s study of the Global Extra Neutral Alcohol. It was also used to obtain key information about major players, market classification and segmentation according to the industry trends, geographical markets, and developments related to the market and technology perspectives. For this study, analysts have gathered information from various credible sources, such as annual reports, sec filings, journals, white papers, SOFT presentations, and company web sites.
Market Size EstimationBoth, top-down and bottom-up approaches were used to estimate and validate the size of the Global market and to estimate the size of various other dependent submarkets in the overall Extra Neutral Alcohol. The key players in the market were identified through secondary research and their market contributions in the respective geographies were determined through primary and secondary research.
Forecast Model
