Automated Hospital Beds Market Projected to Witness Growth by a CAGR of ~5% throughout 2022 – 2031

Research Nester published a report titled “Automated Hospital Beds Market: Global Demand Analysis & Opportunity Outlook 2031” which delivers detailed overview of theglobalautomated hospital beds market in terms of market segmentation by type, treatment type, usage, end user, and by region.

Further, for the in-depth analysis, the report encompasses the industry growth indicators, restraints, supply and demand risk, along with detailed discussion on current and future market trends that are associated with the growth of the market.

The global automated hospital beds market is estimated to occupy a sizeable revenue by growing at a CAGR of ~5% during the forecast period, i.e., 2022 – 2031, ascribing to the rising advancements and innovations in the medical devices’ technology, and increasing number of patients worldwide. Along with this, upsurge in the occurrence of chronic diseases, and escalating number of accidents across the globe, are also expected to drive the growth of the market in the years to come.

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The market is segmented by type, treatment type, usage and end user. Based on treatment type, the critical care segment is anticipated to acquire the largest share during the forecast period on the back of the growing demand for automated hospital beds amongst patients with life-threatening conditions. Additionally, by usage, the general purpose segment is projected to grab the largest share over the forecast period attributing to the higher number of patients in general ward than other medical wards.

Geographically, the global automated hospital beds market is segmented into five major regions, namely North America, Europe, Latin America, Asia Pacific, and the Middle East & Africa. Asia Pacific is evaluated to witness noteworthy growth in the market during the forecast period attributing to the growing geriatric population in the region, as they are more susceptible to various chronic conditions. Moreover, the market in Europe is assessed to acquire the largest share over the forecast period ascribing to the imposition of favorable government policies associated with the installation of automated hospital beds in the region.

The research is global in nature and covers detailed analysis on the market in North America (U.S., Canada), Europe (U.K., Germany, France, Italy, Spain, Hungary, Belgium, Netherlands & Luxembourg, NORDIC [Finland, Sweden, Norway, Denmark], Poland, Turkey, Russia, Rest of Europe), Latin America (Brazil, Mexico, Argentina, Rest of Latin America), Asia-Pacific (China, India, Japan, South Korea, Indonesia, Singapore, Malaysia, Australia, New Zealand, Rest of Asia-Pacific), Middle East and Africa (Israel, GCC [Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman], North Africa, South Africa, Rest of Middle East and Africa). In addition, analysis comprising market size, Y-O-Y growth & opportunity analysis, market players’ competitive study, investment opportunities, demand for future outlook etc. has also been covered and displayed in the research report.

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Increasing Technological Advancements in the Medical Devices’ Technology Globally to Drive Market Growth

With rapidly growing urbanization and industrialization across the world, medical devices companies are investing heavily in the development of advanced technologies and sophisticated products to provide a better experience to the customers. This in turn is anticipated to boost the demand for automated hospital beds, which is assessed to drive significant growth to the market in the near future.  

However, expensiveness of automated hospital beds is expected to operate as key restraint to the growth of the global automated hospital beds market over the forecast period.

This report also provides the existing competitive scenario of some of the key players of the global automated hospital beds market which includes company profiling of Gendron Inc., Invacare Corporation, Linetspol. sr.o., Medline Industries, Inc., Paramount Bed Holdings Co. Ltd., Stryker Corporation, Hill-Rom Holdings, Paramount Bed Co., Ltd., Arjo AB, Stiegelmeyer GmbH & Co. KG, and others. The profiling enfolds key information of the companies which encompasses business overview, products and services, key financials and recent news and developments. On the whole, the report depicts detailed overview of the global automated hospital beds market that will help industry consultants, equipment manufacturers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market centric strategies according to the ongoing and expected trends in the future.     

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