AMERICAS HOSPITAL BED MARKET OVERVIEW
Hospital beds are a special type of bed that have been designed to serve the hospitalized patients. These beds can be both electric and semi-electric ones. The global Americas Hospital Bed Market is gaining high traction due to the increase in geriatric population and people suffering from diseases.
Americas Hospital Bed Market grow during the forecast period (2018–2023) at a Growing CAGR of ~7.6% with rising healthcare expenditure and growing geriatric population contribute to the growth of the market. The Electric Bed Segment Is Expected To Receive Strong Traction Due To Hike In The Global Healthcare Expenditure And Investment To Increase Level Of Comfort For Patients.
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The rising cost of specialty beds and a declining number of beds in public hospitals may hamper the growth of the market during the assessment period. According to the Population Reference Bureau, the number of Americans aged 65 and older is projected to be more than double from 46 million in 2015 to over 98 million by 2060.
Patient-centric service is also expected to ensure strong growth for the market as managements are going to buy new ones to increase the level of comfort for the market. However, the high price can be a growth deterrent.
Some of the Top Market Players are Listed Below-
Paramount Bed Holdings Co.
Joh. Stiegelmeyer GmbH & Co. KG
Hill-Rom Services Inc.
Joerns Healthcare LLC.
Span-America Medical Systems Inc.
Arjo Huntleigh (Division of Getinge AB)
Savion Industries Ltd.
MRFR has made an attempt to read the Americas Hospital Bed Market closely by segmenting it on the basis of type, power, and end-users. This analysis has a strong foundation in the volume-wise and value-wise analysis of the global market.
By Types: Long-Term Care, Acute Care, Psychiatric & Bariatric Care, And Others (Maternity and Rehabilitation Beds).
By Automation Power: Electric Bed, Semi-Electric Bed, And Manual Bed.
By end-users: Hospital, Clinics, Ambulatory, And Others.
The Americas, Europe, Asia Pacific (APAC), and the Middle East & Africa (MEA) are four regions in that The Americas stands in the second spot. This growth is due to robust infrastructure, huge geriatric population, substantial investment capacity, high per capita income, and other features. It is also getting the benefits of the presence of countries like the U.S. and Canada who spend substantially to take the regional market ahead.
The North American region is likely to dominate the hospital beds market in the American region due to a well-established healthcare sector and favorable policies. The factors such as growing presence of hospitals and healthcare centers in the North American region, increasing adoption of new technologies in the healthcare sector, and government initiatives for development of healthcare facilities boost to the growth of the market. According to the Centers for Medicare and Medicaid Services (CMS), an average person in the US spends more than USD 11,500 per year on healthcare and the total spending of the Americas is around USD 3.9 trillion. Majority of the population (around 90%) takes benefit of the insurance system, due to favorable reimbursement policies which directly impacts the hospital beds market positively.
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LIST OF TABLES
Table 1 Americas Hospital Beds Market Synopsis, 2018–2023
Table 2 Americas Hospital Beds Market Estimates And Forecast, 2018–2023 (USD Million)
Table 3 Americas Hospital Beds Market, By Region, 2018–2023 (USD Million)
Table 4 Americas Hospital Beds Market, By Type, 2018–2023 (USD Million)
Table 5 Americas Hospital Beds Market, By Automation, 2018–2023 (USD Million)
Table 6 Americas Hospital Beds Market, By Treatment, 2018–2023 (USD Million)
Table 7 Americas Hospital Beds Market, By End User, 2018–2023 (USD Million)
Table 8 North America: Hospital Beds Market, By Type, 2018–2023 (USD Million)
Several factors are expected to take the global Americas Hospital Bed Market ahead. Hike in investment for the healthcare sector is expected to play in favor of the global hospital bds market.
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