Global Delivery Beds Market is expected to grow at a CAGR of 2.7% during the forecast period 2020-2027
A new research report published by Fior Markets with the title Delivery Beds Market by Product Type (Electric Delivery Beds, Obstetric Delivery Beds and Baby Bassinet), End-Users (Hospitals, Clinics and Maternity Homes), Region and Global Forecast 2020-2027.
The global delivery beds market is expected to grow from USD 418.87 million in 2019 to USD 518.37 million by 2027, at a CAGR of 2.7% during the forecast period 2020-2027. North America is the dominant market in terms of market share. The availability of advance healthcare equipment due to the growing technological advancements is the primary reason for the market growth. Further, the rise in disposable income of the local population, coupled with the rising awareness has increased the demand for these beds. Apart from this, Asia-Pacific is expected to grow at an impressive rate. The increasing government initiatives as helped the region to develop the healthcare infrastructure.
NOTE: Our analysts monitoring the situation across the globe explains that the market will generate remunerative prospects for producers post COVID-19 crisis. The report aims to provide an additional illustration of the latest scenario, economic slowdown, and COVID-19 impact on the overall industry.
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Key players in the delivery beds market are Vivipar GmbH, Janak Healthcare, ArjoHuntleigh, Promek Medical, Merivaara, United Surgical Industries, Fanem, Hill-Rom Inc. and others. The leading companies are focusing on strategic business development such as mergers and acquisitions, which will help them in gaining the competitive edge over other players. In March 2019, a major player, Hill Ram Holdings Inc., acquired another company Voalte, Inc.
The product type segment includes electric delivery beds, obstetric delivery beds and baby bassinet. The obstetric beds account for major market share. The obstetric beds are specially designed for easing up the birth process by assisting in the delivery process. These beds are in huge demand owing to the comfort they provide to the patient and medical staff. However, electric beds are expected to grow at a substantial rate. The electric beds are automated and offer the same comfort as an obstetric bed. It also eliminates the need of a manual operator. The end-user segment includes hospitals, clinics and maternity homes. Among these, the hospitals account for the significant market share. The hospital has a more developed infrastructure than the other segments. They provide advance services to the consumers. Additionally, the growing healthcare initiatives by the government of different countries have helped to uplift the segment further. However, maternity clinics are expected to grow at a lucrative rate. Maternity clinics offer specialized services to the customers. They also provide utmost care and attention to the mothers and children which is why more number of consumers prefers these clinics for delivery purposes.
Delivery beds are increasingly demanded by the end-user industries. The delivery beds are specially designed for the purpose of childbirth. It further helps in the monitoring of patients. The delivery beds provide comfort to the mother and nursing staff. The beds are different than the regular beds, which help in the process of delivery and cause less pain to the mother. The increasing issues like restless leg syndrome, which a woman suffers during the delivery procedure, have led to the market growth of delivery beds.
About the report:
The global delivery beds market is analyzed on the basis of value (USD Billion), volume (K Units), export (K Units), and import (K Units). All the segments have been analyzed on global, regional and country basis. The study includes an analysis of more than 30 countries for each segment. The report offers in-depth analysis of driving factors, opportunities, restraints, and challenges for gaining the key insight of the market. The study includes porter’s five forces model, attractiveness analysis, raw material analysis, and competitor position grid analysis.
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