Hospital Bed Market Global Hospital Bed Market | Page 2
VARIANT MARKET RESEARCH
Global Hospital Bed Market is estimated to reach $7,271 million by 2024; growing at a CAGR of
4.5% from 2016 to 2024. A hospital bed is designed to provide services such as comfort, safety,
relief, and flexibility while the doctor and nurse treats a patient in the recovery period or
operation period. There are different types of hospital beds available in the market, comprising
of full electric bed, semi electric bed, and manual. Moreover, a hospital bed aids to adjust
according to patients requirements such as size, comfort, safety, style, and adjustment for home
care setting. Growing population and increasing number of diseases are boosting the growth of
the global hospital bed market.
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Global
Hospital
Bed
Market
Size
and
Forecast,
2015
-
2024
(US$
Million)
Growing chronic disease, which has led to rise in number of patients in the hospital and increasing
population are the factors supporting the growth of the market. Moreover, rising hospital
expenses for patient’s safety and comfort also fuels the growth of the market. However, high
cost of the electric bed would restrain the growth of the market. Additionally, technological
advancements would provide several opportunities for the global hospital bed market.
The global hospital bed market has been segmented by application, type of treatment, power
type, and geography. Application segment is bifurcated into general purpose bed, pressure relief
beds, birthing beds, bariatric beds, pediatric beds, and others. By type of treatment, the market
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