The global hospital beds market is envisaged to increase growth with the rise of the geriatric population susceptible to a range of diseases including respiratory, heart, and arthritis. It is a common tendency of people aging 65 and above to be vulnerable to chronic diseases. A report by Transparency Market Research (TMR) foresees the market to be classified as per power, treatment, and type. It bears the title “Hospital Beds Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2016 – 2026.” One of the standout portions of the report is its regional analysis of the market, where Europe and North America could be expected to outshine other regions in the coming years.
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In terms of power, the hospital beds market could see a classification into semi-electric, manual, and electric hospital beds. On the basis of treatment, there could be segments such as critical care, long-term care, and acute care hospital beds. With regard to type, the market could be segregated into birthing, bariatric, pressure relief, pediatric, and general hospital beds. The report offers a deep study of important market segments to help readers to gain a sound understanding of key opportunities available in different parts of the world.
Apart from the aforementioned diseases, geriatrics could be exposed to the risk of suffering from diabetes, osteoporosis, and Alzheimer’s disease. The demand for hospital beds is anticipated to stay strong as the global geriatric population is foretold by the National Institute of Aging to increase to a 1.5 bn in the near future. However, the expensive cost of hospital beds could hamper market growth, as per seasoned analysts. Nevertheless, swelling investment in research and development activities and improvement in healthcare infrastructure could help the market to secure robust growth in the foreseeable future.
Some of the leading players of the international hospital beds market are LINET spol. s r.o., Getinge Group, and Paramount Bed Co. Ltd.