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Hospital Bed Market Americas Regional Trend Overview 2019 Growth, Share, Demand, Opportunities and Key Player Analysis, Forecast To 2023
Americas Hospital Beds Market Analysis by Type (Pressure Relief Beds, General Purpose Beds, and Others), Automation (Manual, Other), Treatment (Long-Term Care and Others), End-User (Hospitals and Clinics, Elderly Care, and Others) –Forecast Till 2023
Hospital beds are beds that are particularly designed for patients to provide them with comfort and security during the period of treatment. The hospital beds are made in accordance to the need and convenience of the patients as well as the medical staff. The beds are adjustable and offer some basic yet significant features like adjustable sides, electric supply to both sides, height adjustment, and adjustable railings.
The growth of the market is identified to be cantered around various key factors. The rising occurrences of trauma and accidental injuries, growing prevalence of chronic diseases, and rising investments in healthcare are projected to be some of the key factors influencing a positive growth herein.
The “American Hospital Beds Market Is Expected To Experience Decent Growth Calculated Compound Annual Growth Rate Is Projected To Be 7.6% Between 2018 And 2023”.
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The Americas hospital beds market comprises of various leading players including,
- Hill-Rom Services Inc.
- Paramount Bed Holdings Co.
- Savion Industries Ltd.
- Joerns Healthcare LLC.
- LINET Group
- Arjo Huntleigh (Division of Getinge AB)
- Invacare Corporation
- Stryker Corporation
- Medline Industries
- Stiegelmeyer GmbH & Co. KG
- Span-America Medical Systems Inc.
- and Gendron Inc.
The Americas hospital beds market segmentation is done on the basis of automation, type, treatment, and end-user.
Americas Hospital Beds Market, by Type
- Pressure Relief Beds
- General Purpose Beds
- Birthing Beds
- Bariatric Beds
- Pediatric Beds
Americas Hospital Beds Market, by Automation
- Fully electric
Americas Hospital Beds Market, by Treatment
- Long-Term Care
- Acute Care
- Critical care
Americas Hospital Beds Market, by End-User
- Hospitals and Clinics
- Nursing Homes
- Elderly Care Facilities
- Maternity Homes
Americas Hospital Beds Market, by Region
- North America
- South America
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The Americas hospital beds market is geographically segmented into the following key regions: North America and South America. The North American region divides down into the US, Canada, and the Rest of North America. Whereas, the South America region divides down into Chile, Brazil, Argentina, and the Rest of South America.
The entire Americas region is expected to show prominent growth over the forecast period due to number of factors. The increasing number of surgical procedures, the growing prevalence of chronic diseases in the aging population, favorable government initiatives and regulatory policies, presence of a well-developed healthcare system, and the adoption of a highly advanced forms of technology.
According to the Centers for Medicare and Medicaid Services (CMS), on average, a person in the US spends approximately USD 11,500 per year for healthcare purposes. The total spending of the Americas region in the healthcare sector accounts for USD 3.9 trillion.
Among the two divided sections of the Americas, the North American segment is expected to dominate the hospital beds market owing to a well-developed healthcare industry and favorable government policies. In the North American region, factors like the increasing adoption of new and advancing technologies in the healthcare sector, growing presence of hospitals and healthcare centers, and supportive government initiatives to aid in the development of the healthcare facilities are all key factors driving the growth in this region.
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Mr. Rohit Kamble
Market Research Future