Global Hospital Beds Market (2020 to 2025) – Outlook and Forecast – ResearchAndMarkets.com – Business Wire

DUBLIN--(BUSINESS WIRE)--The "Hospital Beds Market - Global Outlook and Forecast 2020-2025" report has been added to ResearchAndMarkets.com's offering.

In-depth Analysis and Data-driven Insights on the Impact of COVID-19 Included in this Global Hospital Beds Market Report. The global hospital beds market size is expected to grow at a CAGR of over 6% during the period 2019-2025.

With the outbreak of the COVID-19 pandemic, hospital admissions across the world are growing at an alarming rate, which is fueling the demand for hospital beds. The pandemic has affected more than 200 countries, with around 2 million infected across the globe. The number is growing at a rapid rate. Developed countries such as the US, France, Germany, Spain, and Italy with standard healthcare infrastructure are the worst hit with high infection and mortality rates. The hospital bed US market is witnessing a scarcity of beds due to the increase in coronavirus cases, which have increased admissions in the region.

As the infection is highly contagious, patients need to be kept in isolation medical wards that are increasing the demand for medical beds. As the destruction caused by the virus has been growing unabatedly since its eruption, healthcare facilities are using advanced medical facilities for critically ill patients to monitors vital signs, provide mobility and comfort to the patient population, which is expected to drive the demand for hospital beds during the forecast period.

The study considers the present scenario of the hospital beds market and its market dynamics for the period 20192025. It covers a detailed overview of several market growth enablers, restraints, and trends. The study offers both the demand and supply aspect of the market. It profiles and examines leading companies and other prominent companies operating in the market.

The hospital beds research report includes detailed market segmentation by product, application, care, end-user, and geography. The electrical hospital beds market is dominating and growing at a significant rate during the forecast period. One of the major reasons for the growth of the segment is the outbreak of the COVID-19 pandemic, which is boosting the demand to treat critically ill patients. Patients suffering from mobility challenges are increasingly using full-electrical hospital beds. Also, the availability of quick assistance with smart features is driving the demand in medical emergency rooms. While there is a surge in efforts to revamp the healthcare sector across the world, the development of increasing multi-specialty and private hospitals is aiding the demand for full-electric models as they are equipped with advanced easy handling features.

The curative segment accounted for 78% of the hospital bed market value in 2019. The increasing cancer prevalence is increasing hospital admissions, which in turn is boosting the demand for specialized beds in curative settings. Curative care aims to cure the patient and not reduce pain, discomfort, or anxiety. Also, curative care includes the treatment for bacterial infections, radiation therapy for cancer, cast for a broken limb, dialysis treatment, which require specialized hospital bed mattress, thereby increasing the preference for smart and automated models.

The availability of skilled healthcare professionals with knowledge and expertise in handling specialized hospital beds is driving the demand in the hospital segment. In Addition to it, the accessibility to advanced equipment in the intense care units and emergency departments, coupled with the increasing chronic disease prevalence globally, is also driving the demand. The home healthcare segment is experiencing growth due to the increasing elderly population, and other patient community that opts for home healthcare settings. The increasing facility of free hospital beds for elderly population is boosting the demand for home healthcare systems, as these patients require regular medical assistance.

Key Vendors

Other Vendors

KEY MARKET INSIGHTS

Market Dynamics

Market Opportunities & Trends

Market Growth Enablers

Market Restraints

For more information about this report visit https://www.researchandmarkets.com/r/htps3r.

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Global Hospital Beds Market (2020 to 2025) - Outlook and Forecast - ResearchAndMarkets.com - Business Wire