Medical Bed Market to witness more than 5.5% CAGR from 2017 to 2024 - PowerPoint PPT Presentation

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Medical Bed Market to witness more than 5.5% CAGR from 2017 to 2024


Get more details @ Some of the leading players operating in global medical bed market are Invacare Corporation, Hill-Rom Holdings, Getinge Group, Paramount Bed and Stryker Corporation. – PowerPoint PPT presentation

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Title: Medical Bed Market to witness more than 5.5% CAGR from 2017 to 2024

Medical Bed Market share to reach 4 bn by 2024
Global Market Insights Inc.
Fuel Cell Market size worth 25.5bn by 2024
Key Insights from Medical Bed Market
  • Global Market Insights, Inc. says, Medical Bed
    Market size is set to exceed USD 4 billion by
  • Rising geriatric patient base across the globe
    susceptible to physical disabilities acts as a
    major growth rendering driver for the market.
  • Favorable government support and increasing
    efforts to enhance the healthcare facilities and
    offer advance care to patients in the developing
    countries will augment industry growth.
  • Increasing prevalence of chronic disorders such
    as stroke, diabetes, cancer which leads to rise
    in number of hospital admissions is another
    growth rendering driver.
  • Bariatric beds will generate huge demand in the
    coming years due to rising diabetes prevalence
    coupled with increasing obesity patients
    requiring bariatric surgeries propelling industry
  • Electric beds will fetch higher revenue share
    over the coming years owing to factors like
    enhancement of resident mobility as well as
    decrease in staffs manual handling, ability of
    disabled patients to operate the adjustable
    features of the electric bed propelling industry

  • Rising number of patients requiring critical care
    due to increasing chronic ailments such as
    neurovascular disease, cardiac disorders, bone
    and joint disorders will fuel intensive care beds
    revenue growth in the future.
  • Reduced length of stay at hospitals, higher
    comfort levels, personal independence and faster
    recovery are major factors driving the homecare
    settings market growth.
  • Spain medical bed market should witness robust
    growth over the forecast period.
  • India medical bed market should grow at lucrative
    rate due to presence of large patient pool with
    chronic disorders coupled with growing obesity
    levels generating huge demand for specialty beds
    in the future.
  • Some of the key industry players operating in
    global medical bed market are Hill-Rom, Stryker,
    Invacare, Getinge and Paramount Bed. The industry
    players are investing in RD to develop novel
    products to provide effective treatment options
    for chronic diseases.

Germany Medical Bed Market, By Product, 2013
2024 (USD Million)


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