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. 3 © Infinium Global Research