Sellbyville, Delaware, Dec. 19, 2017 (GLOBE NEWSWIRE) --
Global Medical Bed Market is poised to surpass USD 4 billion by 2024; according to a new research report by Global Market Insights. Rising geriatric patient base across the globe susceptible to physical disabilities acts as a major growth rendering driver for the market. As per WHO, around 70 million people of all ages are suffering from physical disability which accelerates the demand for medical beds across the globe.
Favourable government support and increasing efforts to enhance the healthcare facilities and offer advance care to patients in the developing countries will augment industry growth. For instance, government measures through Healthcare Transformation Plan (HTP) to renovate hospital infrastructure, build diagnostics centers, clinics and hospitals in the coming five years in Iran will spur market size.
Request for a sample of this research report @ https://www.gminsights.com/request-sample/detail/1883
Increasing prevalence of chronic disorders such as stroke, diabetes, cancer which leads to rise in number of hospital admissions is another growth rendering driver. Moreover, increasing private hospitals and healthcare facilities provided to patients in the emerging countries will favour industry expansion. Declining volume of public hospital beds and high cost associated with bariatric and ICU medical beds will hamper business growth.
Browse key industry insights spread across 150 pages with 122 market data tables & 14 figures & charts from the report, “Medical Bed Market” in detail along with the table of contents:
https://www.gminsights.com/industry-analysis/medical-bed-market
Long-term care beds will witness significant growth in 2016 followed by bariatric beds over the coming years. Safety features offered by long-term care beds due to low-height bed frames will reduce the risk of patient falls and entrapment. Furthermore, it will also minimize the caregiver back injuries fuelling its utilization specially in the homecare and nursing homes.
Bariatric beds will generate huge demand in the coming years due to rising diabetes prevalence coupled with increasing obesity patients requiring bariatric surgeries propelling industry size.
Electric beds will fetch higher revenue share over the coming years owing to factors like enhancement of resident mobility as well as decrease in staff’s manual handling, ability of disabled patients to operate the adjustable features of the electric bed propelling industry size.
Rising number of patients requiring critical care due to increasing chronic ailments such as neurovascular disease, cardiac disorders, bone and joint disorders will fuel intensive care beds revenue growth in the future.
Reduced length of stay at hospitals, higher comfort levels, personal independence and faster recovery are major factors driving the homecare settings market growth. Home health care being less expensive, more convenient, and can be as effective as care given in hospital will favor business growth.
Spain medical bed market should witness robust growth over the forecast period. Increasing elderly patient base suffering from chronic ailments requiring prolonged care along with growing demand for critical patient care will fuel regional growth. Furthermore, presence of local manufacturers offering wide range of bed frames used in various healthcare settings will augment revenue growth in the future.
India medical bed market should grow at lucrative rate due to presence of large patient pool with chronic disorders coupled with growing obesity levels generating huge demand for specialty beds in the future. Favourable government initiatives in India to set up new hospitals, along with encouraging majority of private entities to increase investment for improving and developing healthcare infrastructure in the country will escalate regional growth.
Some of the key industry players operating in global medical bed market are Hill-Rom, Stryker, Invacare, Getinge and Paramount Bed. The industry players are investing in R&D to develop novel products to provide effective treatment options for chronic diseases. For instance, in January 2017, Getinge launched Total Lift Bed for ICU patients allowing them to stand, assisting in early mobility and improving patient outcomes.
Make an inquiry for purchasing this report @ https://www.gminsights.com/inquiry-before-buying/1883
Browse Related Reports:
- Patient Handling Equipment Market Size 2017 – 2024
Patient Handling Equipment Market share was more than USD 9.8 Billion in 2016, with projected forecast of over 11% CAGR from 2017 to 2024. Patient handling equipment market is expected to witness significant growth due to growing acceptance of these equipment owing to their wide array of applications.
https://www.gminsights.com/industry-analysis/patient-handling-equipment-market
- Smart Medical Devices Market Size 2017 – 2024
Smart Medical Devices Market size is projected to experience significant growth from 2017 to 2024. Smart medical devices market size is likely to witness momentous growth owing to soaring adoption of smartphones across the globe, surging demand for smartphone-compatible and wireless medical devices, rising awareness and focus on health and fitness.
https://www.gminsights.com/industry-analysis/smart-medical-device-market
About Global Market Insights
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.
Contact Us:
Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
Phone: 1-302-846-7766
Toll Free: 1-888-689-0688
Email: sales@gminsights.com
Web: https://www.gminsights.com
Blog: https://www.gminsights.com/blogs
Connect with us: Facebook | Google+ | LinkedIn | Twitter