Medical Beds Market Is Expected to Expand at a Cagr of 3.7%

According to a report by Fact.MR, the global medical beds market was valued at US$ 2.6 billion in 2020 and is expected to reach US$ 3.8 billion by 2031, with a CAGR of 3.9% during the forecast period (2021-2031). The market growth can be attributed to the increasing prevalence of chronic diseases, growing elderly population, and the rise in the number of hospitals and clinics worldwide.

The report also suggests that the electric beds segment dominated the market in 2020 and is expected to continue to hold a significant market share during the forecast period due to the high demand for these beds in hospitals and other healthcare facilities. Regionally, North America is expected to hold the largest market share due to the presence of advanced healthcare infrastructure and a high number of hospital beds in the region.

The report also highlights some of the key players operating in the global medical beds market, including Hill-Rom Holdings, Inc., Stryker Corporation, Invacare Corporation, Linet Group SE, Arjo, Paramount Bed Co., Ltd., Span-America Medical Systems, Inc., Merivaara Corp., Gendron, Inc., and Savion Industries Ltd

Key Segments Profiled in the Medical Beds Industry Survey

• By Product Type :

  • Electric Medical Beds

  • Semi-Electric Medical Beds

  • Manual Medical Beds

• By End User :

  • Hospitals

  • ASCs

  • Other Facilities

• By Application :

  • Intensive Care Beds

  • Non-intensive Care Beds

• By Usage :

  • Acute Care Beds

  • Psychiatric Care Beds

  • Long-term Care Beds

  • Bariatric Beds

  • Others

• By Region :

  • North America

  • Latin America

  • Europe

  • APEJ

  • Japan

  • Middle East & Africa

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