The report forecasts that the global hospital beds market to grow at a CAGR of 5.02% during the period 2017-2021.
Global Hospital Beds Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion operating in this market.
- PARAMOUNT BED
Other prominent vendors:
- Besco Medical
- Medline Industries
- Savion Industries
- Joerns Healthcare
- PROMA REHA
- Ostrich Mobility Instruments
- Janak Healthcare
Commenting on the report, an analyst from the research team said: One trend in the market is increased incidence of life-threatening diseases. The Centers for Disease Control and Prevention (CDC) defines lifestyle diseases as diseases caused by unhealthy habits such as smoking, consumption of alcohol, and lack of exercise. Major lifestyle diseases include stroke, heart attack, obesity, diabetes, hypertension, and liver cirrhosis.
According to the report, one driver in the market is rising number of hospitals. The number and capabilities of healthcare providers are increasing. The rising number of chronic diseases, medical emergencies, communicable diseases, and short term and long-term disabilities are fueling the demand for patient care services. Increasing footfall in hospitals also drives the demand for automated, semi-automated, and manual hospital beds.
Further, the report states that one challenge in the market is high cost of automated hospitals beds. The stringent regulatory scenario in various countries increases the investment in meeting product quality and operation standards and minimizing the risk associated with the manufacturing and use of these products. This can increase the overall cost of production for manufacturers. To minimize the cost and generate profit, manufacturers follows a premium pricing strategy, which, however, increases the cost of the product.
Key Topics Covered:
Part 01: Executive summary
Part 02: Scope of the report
Part 03: Research Methodology
Part 04: Introduction
Part 05: Market landscape
Part 06: Geographical segmentation
Part 07: Market segmentation by application
Part 08: Market segmentation by products
Part 09: Decision framework
Part 10: Drivers and challenges
Part 11: Market trends
Part 12: Vendor landscape
Part 13: Key vendor analysis
For more information about this report visit https://www.researchandmarkets.com/research/hlcd53/global_hospital