Global Automated Hospital Beds Market to 2028 In-Depth Analysis on Size, Growth rate, Leading Segment and key players Analysis

Global Automated Hospital Beds Market

The Global Automated Hospital Beds Market report is the best to know the trends and opportunities in industry. The forecast, analysis, evaluations and estimations carried out in this report are all based upon the well established tools and techniques such as SWOT analysis and Porter’s Five Forces analysis. These are the authentic tools used in market analysis on which businesses can trust confidently. Research report brings into focus plentiful of factors such as the general market conditions, trends, inclinations, key players, opportunities, and geographical analysis which all aids to take business towards the growth and success.

Global Automated Hospital Beds Market By Type (Semi-Automatic, Fully Automatic), Technology (Basic, Smart), Application (Critical Care, Acute Care, Long Term Care), Usage (General Purpose, Intensive Care, Delivery/Birthing, Bariatric, Pediatric, Pressure Relief, Psychiatric Care, Others), By Power (Electrical, Manual, Semi-Electric), End User (Hospitals, Clinics, Ambulatory Care Centers), Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa) – Industry Trends & Forecast to 2026

Market Analysis: Global Automated Hospital Beds Market

Global Automated Hospital Beds Market is expected to rise gradually to an estimated value of USD 3.12 billion by 2026, registering a CAGR of 6.10% in the forecast period of 2019-2026 with the annual sales of 1.94 billion in the year 2018. This rise in market value can be attributed to the technological advancement in medical devices.

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Competitive Analysis:

Global automated hospital beds market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of automated hospital beds market for Global, Europe, North America, Asia-Pacific, South America,Middle East & Africa.

Key Market Competitors:

Few of the major competitors currently working in the automated hospital beds market are Stryker (US), PARAMOUNT BED CO., LTD (Japan), Hill-Rom Services Inc. (US), Invacare Corporation.(US), LINET (US), Transfer Master (US), EHOB (US), Stiegelmeyer GmbH & Co. KG (Germany), Merivaara Corp. (Finland), Medline Industries, Inc. (US), Arjo (Sweden), Gendron Inc. (US), United Surgical Industries (India), Janak Healthcare Pvt. Ltd. (India) and few among others.

Market Definition: Global Automated Hospital Beds Market

Medical equipment such as hospital beds are in high demand irrespective of country or region. Automated hospital beds are used for patients with reduced mobility to ensure the comfort and secure them from external damage.

According to World Health Organization, there were an estimated 56.9 million people died in 2016, almost more than half of these deaths could have been avoided with the availability of proper medical equipment and devices for healthcare procedures. This significant number is expected to act as a driver to the market growth.

Market Drivers

  • Technological advancement in medical devices will help in the growth of the market.
  • Increased incidence of life-threatening diseases will drive the growth of market
  • Increasing number of geriatric population

 Market Restraints

  • High cost of automated hospital beds
  • Declining number of beds in public hospitals

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Segmentation: Global Automated Hospital Beds Market

By Type

  • Semi-Automatic
  • Fully Automatic
  • General beds
  • Pediatric beds
  • Pressure relief beds
  • Bariatric beds
  • Birthing beds

By Technology

  • Basic
  • Smart

By Application

  • Critical Care
  • Acute Care
  • Long Term Care

By Usage

  • General Purpose
  • Intensive Care
  • Delivery/Birthing
  • Bariatric
  • Pediatric
  • Pressure Relief
  • Psychiatric Care
  • Others

By End users

  • Hospitals
  • Clinics
  • Ambulatory Care Centers

By Power

  • Electric beds
  • Manual beds
  • Semi-electric beds

Key Developments in the Market:

  • On 18th April, 2018 China’s Fosun invested up to USD 350 million in Fortis Healthcare to own upto 25% stake in the hospital and diagnostic chain in order to increase the number of beds by 2000 in China.
  • On 11th March, 2019, Hill-Rom Holdings, Inc. announced the definitive agreement to acquire Voalte, Inc., a pioneer and leader in real-time, mobile healthcare communications. The acquisition of Voalte will accelerate Hill-Rom’s leadership in care communications and advance the company’s digital and mobile communications platform and capabilities.

Reasons to Purchase this Report

  • Current and future of global automated hospital beds market outlook in the developed and emerging markets
  • The segment that is expected to dominate the market as well as the segment which holds highest CAGR in the forecast period
  • Regions/Countries that are expected to witness the fastest growth rates during the forecast period
  • The latest developments, market shares, and strategies that are employed by the major market players

Customization of the Report:

  • All segmentation provided above in this report is represented at country level
  • All products covered in the market, product volume and average selling prices will be included as customizable options which may incur no or minimal additional cost (depends on customization)

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