The non-public medical facility section within the medical beds market is predicted to develop at a CAGR of over 9.3% between 2020-2026, pushed by the event of personal hospitals and diagnostic facilities.
Selbyville, Delaware, November 12, 2020 (GLOBE NEWSWIRE) –
In line with the most recent report “Medical beds market by product (acute care beds, long-term care beds, psychiatric care beds, bariatric beds), kind of mattress (guide beds, electrical beds, semi-electric beds), utility (intensive care, non-intensive care), Medical facility / facility (non-public medical services, public medical services), finish use (hospitals, house care services, aged care services), regional outlook, worth developments, aggressive market share and forecast 2026 “, by International Market Insights, Inc., on medical bed market assessment will cross $ 30.5 billion by 2026.
Rising the variety of hospital beds in non-public hospitals in creating international locations will improve market progress. At the moment, creating international locations are experiencing substantial progress of their financial system resulting from elevated well being spending which interprets into improved non-public well being services. The federal government of those international locations is dedicated to launching measures in favor of personal entities. The rising consciousness of personal hospital preparations equivalent to hygiene companies and focused care in addition to bettering the affected person expertise can also be growing the demand for medical beds in non-public hospitals. Probabilities of lodging for added or new medical beds in public hospitals are minimal as a result of onset of the COVID-19 pandemic. Due to this fact, to fight this downside, there may be an growing inflow of medical beds in non-public hospitals in creating international locations.
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The rising getting older inhabitants affected by power ailments and the rising variety of overweight sufferers worldwide requiring long-term care will gas the growth of the medical beds market. In line with United Nations statistics, the inhabitants aged 60 and over is predicted to extend to 2.1 billion in 2050 from 962 million in 2017, the world over. As well as, about 85% of aged sufferers have at the very least one power well being downside. Due to this fact, an aged inhabitants with weakened immune techniques affected by power situations equivalent to coronary heart illness and diabetes require efficient acute care in hospitals or aged care services.
Bariatric mattress section valued at over $ 766 million in 2019, as a result of growing prevalence of weight problems resulting in a rise within the variety of bariatric surgical procedures. The rising well being issues of the overweight inhabitants and the growing dangers of coronary heart illness have inspired folks to undertake weight reduction surgical procedure.
The semi-electric medical beds market is predicted to expertise a progress charge of round 8.9% until 2026, pushed by the advantages equivalent to easy operation, digital head and foot part adjustment and Channel body building offering superior energy for an anatomically right sleeping floor. The semi-electric mattress helps sufferers place the higher physique and knees.
Important care calls for within the medical beds market exceeded $ 772 million in 2019, as a result of enhance in surgical procedures in addition to bariatric surgical procedures in aged sufferers with weight problems in addition to the rise in fatalities . Technological developments in intensive care unit beds have additionally elevated the demand for medical beds. The rising variety of intensive care models in hospitals in creating international locations has additionally spurred the adoption of intensive care beds.
The marketplace for medical beds for personal medical services is poised to succeed in a CAGR of over 9.3% by way of 2026, propelled by the event of personal hospitals and diagnostic facilities. Non-public hospitals additionally supply favorable reimbursement situations and a number of other insurance coverage insurance policies resulting in an elevated desire of the inhabitants for personal medical services.
The aged care facility section within the medical beds market was roughly USD 5.89 billion in 2019 as a result of enhance within the variety of grownup day care, long run care and palliative look after the aged. aged sufferers. In consequence, there is a rise within the variety of medical mattress installations in retirement properties, persevering with care retirement communities and assisted residing services. The quickly rising geriatric inhabitants with power diseases will additional drive the demand for medical beds by senior care services.
The scale of the medical beds market in China was over US $ 5.70 billion in 2019 as a result of rising geriatric inhabitants base, the rising variety of hospitals and the growing variety of authorities analysis initiatives. and growth. The rising variety of low-cost medical mattress producers within the nation can also be growing regional progress. The expansion in well being spending for the event of well being services has additionally influenced the demand for medical beds. As well as, the continued pandemic has additional elevated the necessity and adoption of medical beds within the nation.
A few of the main gamers working within the medical beds market are Antano Group, Besco Medical, Gendron Inc., Getinge AB, GF Well being Merchandise, Inc., HARD Manufacturing Firm, Inc., Invacare Company and Hill-Rom Holdings, amongst others. These corporations undertake strategic acquisitions, mergers, collaborations and partnerships in an effort to launch new merchandise and strengthen their industrial place. As well as, key leaders are additionally centered on assembly the demand for medical beds wanted to deal with sufferers with COVID-19.
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Desk of contents (ToC) of the report:
Chapter 3 Medical Beds Market Overview
3.1 Trade segmentation
3.2 Trade Panorama, 2015-2026
3.3 Trade impression forces
3.3.1 Progress engines
3.3.2 Pitfalls and challenges of the trade
3.4 Evaluation of progress potential
3.5 Regulatory panorama
3.6 Technological panorama
3.7 COVID-19 impression evaluation
3.7.1 Affect of COVID-19 on 10 essential markets
3.7.2 Affect of COVID-19 on Trade Segments, by 10 Main Markets (2020)
188.8.131.52 Intensive care
184.108.40.206 Non-intensive care
3.7.3 Affect of COVID-19 on the trade worth chain
3.7.4 Affect of COVID-19 on Trade Competitors
3.8 International Medical Mattress Costs, By Firm, 2019 (USD)
3.9 Porter’s evaluation
3.10 Aggressive panorama, 2019
3.10.1 Aggressive Matrix Evaluation, 2019
3.11 PESTEL evaluation
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