GMI Medical Bed Market | Page 2

Browse key industry insights from the report “Medical Bed Market Size, Industry Analysis Report, Regional Outlook (U.S., Canada, Germany, UK, France, Italy, Spain, Russia, Poland, China, India, Japan, Australia, Brazil, Mexico, South Africa, Saudi Arabia, Qatar, UAE), Application Development Potential, Price Trends, Competitive Market Share & Forecast, 2017 – 2024” in detail along with the table of contents: https://www.gminsights.com/industry-analysis/medical-bed-market Germany medical bed market will exhibit rapid growth due to increasing number of private hospitals. As per German Hospital Federation statistics, the number of private hospitals are increased by approximately 25 percent between 2004 to 2014. Growing number of hospital admission cases will fuel growth. Increasing number of surgical and therapeutic procedures such as coronary bypass will further propel demand. India medical bed market is slated to grow at a robust pace over the forecast timeframe owing to the presence of large patient pool consisting of elderly population and individuals suffering from chronic diseases. Improving healthcare infrastructure along with growing number of government and private hospitals will drive industry growth. For instance, in April 2016, Apollo Hospitals Group launched a new 250 bed healthcare facility in Vishakhapatnam offering multi-disciplinary high-end tertiary care. South Africa medical bed market presents a lucrative future opportunity owing to the developing healthcare infrastructure along with presence of large unmet needs. Prominent industry players include Stryker, Getinge Group, Invacare, Hill-Rom, Medline Industries, and Paramount Bed. The industry players adopt various strategic initiative such as acquisitions and new product launch to strengthen their industry foot hold. For instance, in January 2015, Stryker acquired the assets of CHG Hospital Beds. The acquisition has bolstered Stryker’s product offerings. In November 2016, Sidhil launched innovative IQ ICU bed with new features such as X-ray translucent backrest, side spilt rails and easy clean tray for meeting the increasing high demands of hospital environment. . About Global Market Insights: Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology. 2 | Page