The report of Asia-Pacific Hospital Bed Market by automation (manual bed, electric bed, other), deployment type(cloud and on-premises), organization (medical/surgical bed, critical care bed, maternity bed, bariatric bed and other), application (hospital & clinics, maternity homes, and geriatrics care facilities), and Country (China, India, Japan, ASEAN and Rest of Asia Pacific) is expected to reach US$ XX Mn by 2027, at a CAGR of 7.80 % during a forecast period.
An increase in investments in healthcare infrastructure development and technological innovations are expected to drive the Asia Pacific hospital beds market during the forecast period. Beds are the main requirements for healthcare facility providers. Beds are widely used in the healthcare facility centers with customized or specially modified beds. Growth in the aging population, the prevalence of chronic diseases, and enhancement in hospital infrastructure are some of the prominent factors behind the market growth. In addition, the rise in diabetes, which delivers numerous diseases to a human being like cardiovascular diseases, nerve damage, kidney damage, skin conditions, and others are expected to increase the demand for the hospital beds.
The manual beds held the more than 35% share in the Asia-Pacific Hospital Bed Market.
The manual beds segment held a maximum share in the hospital bed market. These beds are cost-efficient and necessitate minimum production expenses. Many necessitate minimum production expenses across the region are focusing on the adoption of manual beds. In addition, the demand for manual beds is expected to increase at an exponential rate due to the current coronavirus crisis. The several countries across the region are facing shortages of hospital beds that is expected to stimulate the requirement for manual ICU beds to take up the coronavirus affected people.
Asia-Pacific region is expected to grow at a XX% rate of CAGR during the forecast period.
Asia-Pacific region is expected to contribute a XX% share in the hospital bed market. The region is expected to grow at more than 7.80 % rate of CAGR during the forecast period. The presence of the large older populations in developing countries like China and India and an increase in the number of chronic and non-chronic diseases across the region are some of the driving factors behind the regional growth. The government of the many countries across the region is focusing on the expenditure more in the healthcare industries due to the COVID-19 pandemic is also expected to boost the demand for the hospital bed across the region.
Key players operating in the Asia-Pacific Hospital Bed Market include Hill-Rom Holdings Inc, Stryker Corporation, Paramount Bed Co. Ltd., Seahonence, Inc, Guangdong Kareway Medical Technology Co. Ltd., Jiangsu Aegean Technology Co. Ltd., Midmark Corporation, Meditech, Nanning Passion Medical Equipment Co. Ltd., Carevel Medical Systems Private Limited and France Bed Holdings Co. Ltd.
Maximize Market Research, a global market research firm with a dedicated team of specialists and data has carried out extensive research about the Asia-Pacific Hospital Bed Market. The report encompasses the market by different segments and Country, providing an in-depth analysis of the overall industry ecosystem, useful for making an informed strategic decision by the key stakeholders in the industry. Importantly, the report delivers forecasts and share of the market, further giving an insight into the market dynamics and future opportunities that might exist in the Asia-Pacific Hospital Bed Market. The driving forces, as well as considerable restraints, have been explained in depth. In addition to this, competitive landscape describing the strategic growth of the competitors has been taken into consideration for enhancing market know-how of our clients and at the same time explain Asia-Pacific Hospital Bed Market positioning of competitors.
Browse the market data Tables and Figures spread through a comprehensive research report and in-depth TOC on “Asia-Pacific Hospital Bed Market.”
https://www.maximizemarketresearch.com/market-report/asia-pacific-hospital-bed-market/66028/
Contact:
MAXIMIZE MARKET RESEARCH PVT. LTD.
Omkar Heights,
Manik Baug, Vadgaon Bk,
Sinhagad Road, Pune – 411051, Maharashtra, India.
+91 9607195908