Infinium Global Research Hospital Beds Market | Page 3
Hospital Beds Market: Trends and Forecast -2024
during the forecast period. Furthermore, the growing trend of home care is
anticipated to provide several growth opportunities for the key players in the
hospital beds market.
Among the geographies, Europe dominated the market and the Asia Pacific is
anticipated to be the fastest growing region for hospital bed market. The growth in
the Asia Pacific region is due to the rising number of contract manufacturing
organizations and increasing healthcare infrastructure. In addition, Malaysia,
Singapore, India, and Thailand have emerged as lucrative destinations for medical
tourism, which further propels the growth of the hospital bed industry in the Asia
Pacific region. Moreover, increasing healthcare expenditure in Europe’s medical
industry has increased the healthcare organizations towards buying advanced and
relatively expensive hospital beds for the patients convenience and safety.
Segment Covered
The report on global hospital beds market covers segments such as, usage, types
and treatment. On the basis of usage the global hospital beds market is categorized
into general beds, pediatric beds, pressure relief beds, bariatric beds and birthing
beds. On the basis of types the global hospital beds market is categorized into
electric beds, manual beds and semi-electric beds. On the basis of treatment the
global hospital beds market is categorized into acute care bed, long term care beds
and critical care beds.
Geographic Coverage
The countries covered in the North America region include the U.S., Canada, and
Mexico; while Asia-Pacific includes China, Japan, India, South Korea, Malaysia, and
among others. Moreover, Germany, U.K., France, Spain, and Rest of Europe are
included in the European region. The U.S. drives the growth in the North America
region as it is the largest market in the region. The Asia-pacific region offers a
substantial potential for the market growth owing to rapid growth in markets such
as India and China. The APAC region is projected to experience a growth at a CAGR
of x.x% over the period of 2018-2024.
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