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.
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