Global Electric Hospital Beds Market 2019-2023 | Increase in the Number of Hospital Beds to Boost Demand | Technavio

LONDON–(BUSINESS WIRE)–#HealthCareEquipmentTechnavio
analysts forecast the global electrical hospital beds market to grow at
a CAGR of more than 5% during the forecast period, according to their
latest market research report. The growth momentum of the market is
expected to accelerate during the year-over-year growth.

The focus on product improvement is one of the major trends being
witnessed in the global
electrical hospital bed market 2019-2023
. Vendors are focusing
on launching improved modern hospital beds with different features to
remain competitive in the market. Based on the patients need, companies
are focusing on improving the modern hospital beds features to provide
better comfort. Vendors such as LINET and LINAK are launching modern
hospital beds with unique features such as four-section profiling beds
with knee raise and ultra-low beds. Also, with product improvement,
companies are focusing on extending the maintenance schedule of
electrical hospital beds, which can help the end-users to contact the
manufacturers for resolving any issues that may arise.

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market snapshot before purchasing

According to Technavio analysts, one of the key factors contributing to
the growth of the global electrical hospital beds market is the increase
in the number of hospital beds:

Global electrical hospital beds market:
Increase in the number of hospital beds

With the increase in the occurrence of diabetes, cardiovascular
diseases, medical emergencies, and short-term and long-term
disabilities, the demand for patient care services is rising. As a
result, hospitals are focusing on increasing the number of hospital beds
to accommodate patients in emergency departments as well as in-patient
and out-patient demand. The increasing number of hospital beds along
with the growing popularity of electric hospital beds will help to meet
patient demand, thereby driving market growth.

According to a senior analyst at Technavio, “CDC, in 2017 says, every
year, around 735,000 people in the US have heart attacks and for the
comfort of the patients who are in a condition of heart failure, the
head of the bed has to be elevated for more than 30 degrees for which
there is need of electric hospital beds.”

Global electrical hospital beds market:
Segmentation analysis

The global electrical hospital beds market research report provides
market segmentation by product (specialty and standard) and by region
(the Americas, EMEA, and APAC). It provides an in-depth analysis of the
prominent factors influencing the market, including drivers,
opportunities, trends, and industry-specific challenges.

The Americas held the largest share of the market in 2018, accounting
for 42% share. It was followed by EMEA and APAC respectively. The
dominance of the Americas can be attributed to the increase in several
hospital beds and focus on product improvement.

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Some of the key topics covered in the report include:

Market Landscape

  • Market ecosystem
  • Market characteristics
  • Market segmentation analysis

Market Sizing

  • Market definition
  • Market size and forecast

Five Forces Analysis

Market Segmentation

Geographical Segmentation

  • Regional comparison
  • Key leading countries

Market Drivers

Market Challenges

Market Trends

Vendor Landscape

  • Vendors covered
  • Vendor classification
  • Market positioning of vendors
  • Competitive scenario

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