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Hospital beds are one of the most significant investments in the development of healthcare facilities. The patient intake system is subject to bed availability. If the hospital does not have enough vacant beds, this may create many problems for patients who come for major treatments. Fortunately, as infrastructure and technology advance, health care institutions can now have enough space to create more space for the crowd. The market for hospital beds has been in full swing since the pandemic. Hospital bed allocation has become the highest priority for governments and private organizations, thus giving the hospital beds market impetus.

European countries are dominating the hospital beds market scene with modern infrastructure and technology. The healthcare industry is making huge investments in these regions, with medical beds being purchased to a tune of $ 2, 010 million. Asian countries come next while investing in this venture, the increase in the population’s standard of living, the availability of better medical treatments, an increase in the older population, and lower death rates. North American regions have also seen increases in the purchase of hospital beds due to long-term medical facilities and the availability of physicians and hospital staff. 

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Various market players are showing substantial interest in the global hospital beds market. The global market can be inspired by the strategic moves implemented by these companies to cement their individual growth and in the process, they are taking the global market ahead. MRFR, in their report on the market, profiled quite a few companies. These companies are by Stryker Corporation, Hill-Rom Holdings, Invacare Corporation, Linet spol. s r.o., Gendron Inc., Paramount Bed Holdings Co., Ltd., and Getinge AB.

There will always be an increase in the number of beds in health care facilities due to the growing number of chronically ill patients. There is also a significant rise in the number of older generations taking surgical treatments for various ailments due to technological advancement and higher living standards. Moreover, the global pandemic has increased the need to stock up on hospital beds. Emergency cases are also on the rise due to accidents; hence the hospital beds market will see major growth in the future.

Since the global pandemic outbreak, the market price of hospital beds has increased. There has been significant growth in the number of patients admitted over the long term, with the result that this segment of medical beds will grow significantly. Also, the beds used in intensive care will see a considerable increase due to a greater number of patients suffering from old age illnesses during the outbreak period.

Manufacturers are also concentrating on the growth of home care settings medical beds since the strain of crowding hospitals with inbound patients needs to be decreased during the ongoing surge of a pandemic. In-home care facilities and hospital beds will increase significantly, as will senior care facilities commission more medical beds in the near future.

Growth in this market is segmented by the type of patient groups and beds associated with them. The manually operated beds are located in general rooms for the common population; they must be transported and are not automatic. Manual hospital beds do not add to the patient’s comfort while being admitted. They are usually used for public health facilities where medical expenditures are cheap. However, these hospital beds constitute the most important segment of healthcare production.

Critical care beds that are fully automated are used for emergency purposes and for patients lying dormant for a long time. They can be electrically controlled with a series of buttons for patient comfort. Such features characterize critical care beds as patient repositioning support, lateral rotation therapy, and elevation techniques. Semi-automated beds are used for disease patients, young mothers who have given birth, and patients who have undergone surgery. Then there are birthing beds, pediatric beds, acute care beds, psychiatric beds, long-term care beds and bariatric beds.

The Americas, Europe, Asia Pacific (APAC), and the Middle East & Africa (MEA) are four regions that have been included in the global hospital beds market report, studied by MRFR. This report has a special focus on the growth pockets that can be explored later for a better understanding of the market flow.

Europe is dominating the global market that depends mostly on the contribution made by Western Europe where countries like France, Germany, the U.K, Spain, Italy, and others are doing great. The eastern region does not promise high growth as several countries are there with not much of strong economies. The Europe hospital beds market had a valuation of USD 916.6 million in 2016 and is at present, deemed to grow with a CAGR of 5.5% during the forecasted period.

The Americas stands in the second spot. This growth is due to robust infrastructure, huge geriatric population, substantial investment capacity, high per capita income, and other features. It is also getting the benefits of the presence of countries like the U.S. and Canada who spend substantially to take the regional market ahead.

The APAC market is all set to gain from the increasing geriatric population, surging number of hospitals, and increasing government support to transform the healthcare sector and research & development. Such features have taken the regional market ahead. The MEA market would gain from the growth in the Middle East region. Africa would deter the growth rate due to the presence of several poor economies.

Medical research and the growth of healthcare have resulted in more patients opting for life-altering surgeries and treatments. Therefore, modern hospital beds will meet the need to account for the steady flow of patients.

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