The Hospital Bed Market research report includes Market segmentation and overlays shadow upon the leading market players highlighting the favourable competitive landscape and trends prevailing over the years. This study provides information about the sales and revenue during the historic and forecasted period of 2022 to 2028. Understanding the segments helps in identifying the importance of different factors that aid the Hospital Bed market growth.

The market is expected to grow from US$ 3,214.96 million in 2021 to US$ 4,688.96 million by 2028; it is expected to grow at a CAGR of 5.7% from 2022 to 2028.

Companies Profiled in this report includes: Hill-Rom Holdings, Inc. (Baxter), Stryker, Arjo, Invacare Corporation, PARAMOUNT BED CO., LTD., GF Health Products, Inc., Malvestio SpA, Span America (Savaria Corporation), Savion Industries, Stiegelmeyer GmbH & Co. KG, Medstrom

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Based on type, the global hospital bed market is segmented into semi-electric, electric, and manual beds. In 2021, the semi-electric segment held the largest share of the market. The introduction of smart technologies in medical beds is anticipated to offer significant opportunities to the market in the projected period. Based on usage, the global hospital bed market is segmented into acute care beds, long-term care beds, psychiatric care beds, and others. The long-term care beds segment is expected to have high market share in the market. Based on end user, the global hospital bed market is segmented into hospitals & clinics, elderly care facilities, ambulatory surgical centers, and home care settings. The hospitals & clinics segment accounted for the largest share of the market in 2021. Based on application, the global hospital bed market is bifurcated into non-intensive and intensive. In 2021, the non-intensive segment held a larger share of the market, and it is further expected to register the fastest CAGR during the forecast period.

The global hospital bed market growth is mainly attributed to the increased prevalence of chronic diseases. According to the National Health Council report, ~40 million Americans face constraints in their routine activities as they suffer from one or more chronic health conditions. Incurable chronic diseases affect ~133 million Americans, representing more than 40% of the total population as per the published report in 2019. Many live with one or more chronic illnesses, such as diabetes, heart disease, or depression, but with two or more conditions. Such a high prevalence of chronic diseases may result in a more significant requirement for hospitalization, which drives the demand for hospital beds. According to the estimates presented in a Department of Health & Children report, ~80% of the general practitioners' (GP) consultations and 60% of hospital bed requirements are related to chronic disease cases with associated complications. As per a report by the Data and Digital Health Unit, acute care hospital beds are available for curative care, accounting for 100,000 beds per population in Europe.

Leading market players and manufacturers are studied to help give a brief idea about them in the report. The challenges faced by them and the reasons they are on that position is explained to help make a well-informed decision. Competitive landscape of Hospital Bed market is given presenting detailed insights into the company profiles, developments, merges, acquisitions, economic status and best SWOT analysis.

Essential points covered in Global Hospital Bed Market 2028 Research are:-

• What will the market size and the growth rate be in 2028?
• What are the key factors driving the global Hospital Bed Market?
• What are the key market trends impacting the growth of the global Hospital Bed Market?
• What are the challenges to market growth?
• Who are the key vendors in the global Hospital Bed Market?
• What are the market opportunities and threats faced by the vendors in the global Hospital Bed Market?
• Trending factors influencing the market shares of the Americas, APAC, and EMEA.
• What are the key outcomes of the five forces analysis of the global Hospital Bed Market

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