The Global Automated Hospital Beds Market is growing at a steady pace and is expected to reach USD 2,553.4 million by 2023 from USD 1,590.1 million in 2016 at a CAGR of 5.97% during the assessment period 2017-2023.
The Automated Hospital Beds Market is segmented on the basis of type, which include semi-automatic hospital beds and fully automatic hospital beds. In some cases, patients experience difficulty getting in and out of beds where automated hospital beds play major role in solving this problem.
Rising number of various acute and chronic illness, rising geriatric population, increasing obese population, developing design and technology of the hospital beds for the betterment and comfort of the patients and increasing healthcare expenditure drive the growth of the market. The Automated hospital beds allow patients to sit and get out of the bed in a position with comfort. Additionally, they are extremely beneficial for the doctors and nurses while performing critical procedures and treatment to the patients.
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Some of key players profiled in the report are ArjoHuntleigh, Gendron Inc., Hill-Rom, Invacare Corporation, Linet spol. s r.o., Medline Industries, Inc., Paramount Bed Holdings Co., Ltd. and Stryker.
Regional Analysis of the Global Automated Hospital Beds Market: The Europe region accounted for the largest share of USD 177.5 million in 2016 owing to the well-developed infrastructure in the healthcare, high healthcare expenditure, and the presence of the leading players.
North America is the second largest automated hospital beds market in the globe. The North American market is expected to grow significantly during the forecast period owing to well-developed healthcare structure and increasing investment in research and development in healthcare. Moreover, the government encouragement to improve hospitals infrastructure will boost the market growth over the review period.
In Asia Pacific region, rising number of research & development institutes, increasing number of hospitals, and the demand for cost-effective automated hospital beds drive the market growth.
The Middle East & Africa is expected to show steady growth in this market due to low technological saturation and less availability of innovative healthcare technologies during the given period.
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Major TOC for Automated Hospital Beds Market:
Market factor analysis
Global Automated Hospital Beds market, by type
Global Automated Hospital Beds Market, By Type of Content
Global Automated Hospital Beds market, by technology
Global Automated Hospital Beds market, by end user
Global Automated Hospital Beds market, by region
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