The Hospital Beds Market To Line Up With The Technological Up Gradations, Reach US$ 6,731.8 Million

Market Report Summary 

• Market – Hospital Beds Market 
• Market Value – US$ 6,731.8 Million in 2021 
• Market CAGR Value – 4.2% in 2021 
• Market Forecast Year – 2020 to 2030 

Get Sample Copy of This Report ->  Click Here 

Read Full Press Release Below

According to a new market report published by Persistence Market Research “Global Market Study on Hospital Beds: Asia to Witness Highest Growth by 2020”, the global hospital beds market was valued at USD 5,254.2 million in 2014 and is expected to expand at a CAGR of 4.2% from 2014 to 2020, to reach an estimated value of USD 6,731.8 million by 2020.

Hospital beds refer to medical equipment used to provide care to patients during their hospitalization. Special features of hospital beds, such as adjustable heights of the bed and side rails controlled by electronic buttons, make them caretaker friendly and help provide better comfort to patients. Hospital beds can be classified on the basis of usage, power, and treatment.

Get Sample Copy of Report @ https://www.persistencemarketresearch.com/samples/2815

Some of the major players in the hospital beds market:

• Hill-Rom Holdings, Inc.
• Stryker, Paramount Bed Co. Ltd.
• ArjoHuntleigh.
• Invacare Corporation.
• Medline Industries, Inc.
• LINET spol. s r.o.

Get To Know Methodology of Report @ https://www.persistencemarketresearch.com/methodology/2815

Globally, the hospital beds market is witnessing significant growth due to increasing prevalence of chronic diseases and increasing aging population. Moreover, increasing healthcare expenditure and technological advancements in this field are driving the market.

However, high costs of advanced hospital beds restrain the hospital beds market. Similarly, decreasing demand for general hospital beds in developed countries is a major concern for the market. As a result, the market is expected to grow at a CAGR of 4.2% during 2014 – 2020.

Access Full Report @ https://www.persistencemarketresearch.com/checkout/2815

Europe has the largest market for hospital beds. This is mainly due to increasing prevalence of chronic diseases and rising healthcare spending in the region. The European market for hospital beds was estimated at USD 1,643.2 million in 2014 and is expected to reach USD 2,010.2 million in 2020, expanding at a CAGR of 3.4%.

The Asian market for hospital beds is expected to increase at a significant rate due to large population base, growing hospital infrastructure, and improving reimbursement scenario in the region. On the basis of power, manual beds account for the largest and fastest growing segment. On the basis of treatment, acute care beds account for the largest segment, while critical care beds account for the fastest growing segment in the global hospital beds market.

Explore Extensive Coverage of PMR`s Life Sciences & Transformational Health Landscape

Persistence Market Research (PMR) is a third-platform research firm. Our research model is a unique collaboration of data analytics and market research methodology to help businesses achieve optimal performance.

To support companies in overcoming complex business challenges, we follow a multi-disciplinary approach. At PMR, we unite various data streams from multi-dimensional sources. By deploying real-time data collection, big data, and customer experience analytics, we deliver business intelligence for organizations of all sizes.

Our client success stories feature a range of clients from Fortune 500 companies to fast-growing startups. PMR’s collaborative environment is committed to building industry-specific solutions by transforming data from multiple streams into a strategic asset.

Contact us:

Ashish Kolte
Persistence Market Research
Address – 305 Broadway, 7th FloorNew York City,
NY 10007 United States
U.S. Ph. – +1-646-568-7751
USA-Canada Toll-free – +1 800-961-0353
Sales – sales@persistencemarketresearch.com
Website – https://www.persistencemarketresearch.com