Asia Pacific is expected to Witness the Fastest Growth in the Global Hospital Beds Market

 

Scope of Hospital Beds Market

A hospital bed is a unique type of bed that may be changed to increase the ends of the head, foot, or middle position as needed. It's a bed with raised or lowered side rails, and the mattress's base is divided into three connecting portions so that the patient's head, feet, or middle can be lifted by a crank or a motor, allowing them to lie down in various postures such as treatment aid or comfort.

Patients benefit from hospital beds because they allow users to modify the position of the bed, allowing them to transfer the pressure that the bed exerts from one part of the body to another, reducing the chance of bedsores. Patients may easily be transferred from one bed to another, and patients can be lifted higher or lower while getting in and out of the bed. A hospital bed is one of the most efficient beds for somebody with limited mobility. Furthermore, they aren't just used in hospitals.They can be used at home if a family member becomes ill or if someone with long-term medical conditions need a bed.

The market for hospital beds is divided into four categories: type, care, end user, and applications. The market is divided into three types: electric, semi-electric, and manual. The hospital bed market is divided into three categories based on care: curative care, long-term care, and rehabilitative care. The market is divided into two types of beds based on their application: intensive care beds and non-intensive care beds. The market is divided into hospitals, clinics, home care settings, aged care facilities, and others based on the end user.

North America, Europe, Asia-Pacific, and the Rest of the World are the regions covered in this Hospital Bedsmarketreport. The Hospital Beds market is segmented into the United States, Mexico, Canada, the United Kingdom, France, Germany, Italy, China, Japan, India, South East Asia, the Gulf Cooperation Council, and Africa, among others.

Global Hospital Beds Market Dynamics-

Increasing investments in healthcare infrastructure development, technical improvements in ICU beds, and an increase in the number of chronic care patients are some of the key drivers propelling the global hospital beds market forward. People have begun to choose home care services since elderly folks are more likely to suffer chronic illnesses and require intensive home care.. Household health facilities help maintain, promote and restore personal health. Chronic diseases afflict around 133 million Americans, or more than 40% of the country's overall population, according to the National Health Council. By 2020, this number is expected to reach 157 million, with 81 million if certain conditions are met.

Another key factor driving the hospital bed market is an increase in the rate of hospitalisation due to the recent breakout of COVID-19 pandemics. However, the shrinking number of beds in public hospitals and growing hospital bed prices are important roadblocks to the market's expansion.The development of smart or robotic hospital beds, the increasing need for home care beds, the rise of emerging economies, and the medical tourism industry are all key market opportunities.

Asia Pacific is expected to Witness the Fastest Growth in the Global Hospital Beds Market

Europe has dominated the worldwide hospital beds market thus far, and is anticipated to continue to do so in the future, owing to rising per capita healthcare spending, an ageing population, rising chronic illness prevalence, and technological improvements.According to the European Federation of Hospitals and Health Care, Europe had an average of 2.9 hospitals with a 100,000-person capacity in 2014, ranging from 1.40 in Slovenia to 9.80 in Cyprus. Furthermore, there are 521 beds available per 100,000 people on average, ranging from 254 in Sweden to 826 in Germany. Furthermore, chronic diseases and diabetes have become more prevalent.As per IDF, there were around 58 million patients in Europe with diabetes andit is expected to rise up to 66.7 million by year 2045.Because of the region's enhanced medical infrastructure and expanding medical tourism, the Asia Pacific hospital bed market is predicted to develop at the fastest rate. Because of the growth of healthcare infrastructure, the rise in the number of contract manufacturing organisations (CMOs), and the rise in the number of obese individuals needing medication, countries like India, China, and Japan have become appealing markets.