eTurboNews - Independent and Global Travel, Tourism, Lifestyle, Entertainment News you only find here

Travel News Distribution powered by eTurboNews:

Global Hospital Beds Market Will Reach US$ 6,731.8 million by 2020 by Persistence Market Research

(Forimmediaterelease.net) Europe dominates the global hospital beds market, with Russia being the largest market in the region. This is due to increasing prevalence of chronic diseases and rising healthcare expenditure in the country. Asia is expected to experience high growth rate over the next five years in the hospital beds market.
According to a new market report published by Persistence Market Research “Global Market Study on Hospital Beds: Asia to Witness Highest Growth by 2020”, the global hospital beds market was valued at USD 5,254.2 million in 2014 and is expected to expand at a CAGR of 4.2% from 2014 to 2020, to reach an estimated value of USD 6,731.8 million by 2020.

Browse the full report with TOC at:
www.persistencemarketresearch.com/market-research/hospital-beds-market.asp

Hospital beds refer to medical equipment used to provide care to patients during their hospitalization. Special features of hospital beds, such as adjustable heights of the bed and side rails controlled by electronic buttons, make them caretaker friendly and help provide better comfort to patients. Hospital beds can be classified on the basis of usage, power, and treatment. Globally, the hospital beds market is witnessing significant growth due to increasing prevalence of chronic diseases and increasing aging population. Moreover, increasing healthcare expenditure and technological advancements in this field are driving the market. However, high costs of advanced hospital beds restrain the hospital beds market. Similarly, decreasing demand for general hospital beds in developed countries is a major concern for the market. As a result, the market is expected to grow at a CAGR of 4.2% during 2014 – 2020.

Europe has the largest market for hospital beds. This is mainly due to increasing prevalence of chronic diseases and rising healthcare spending in the region. The European market for hospital beds was estimated at USD 1,643.2 million in 2014 and is expected to reach USD 2,010.2 million in 2020, expanding at a CAGR of 3.4%. The Asian market for hospital beds is expected to increase at a significant rate due to large population base, growing hospital infrastructure, and improving reimbursement scenario in the region. On the basis of power, manual beds account for the largest and fastest growing segment. On the basis of treatment, acute care beds account for the largest segment while critical care beds account for the fastest growing segment of the global hospital beds market.

Hill-Rom Holdings, Inc., Getinge Group, and Stryker are some of the leading players in the global market for hospital beds. Some of the other major players in the market are Paramount Bed Co., Ltd., Invacare Corporation, and LINET spol. s r.o.

Request Sample of the Report:
www.persistencemarketresearch.com/samples/2815

And Browse More Healthcare Market Research Reports at:
www.persistencemarketresearch.com/category/healthcare.asp


The hospital beds market is segmented as follows:

By Usage:

General purpose beds
Birthing beds
Pediatric beds
Bariatric beds
Pressure relief beds

By Power:

Electric beds
Semi-Electric beds
Manual beds

By Treatment:

Critical care beds
Acute care beds
Long-term care beds

By Geography:

North America:
The U.S.


Europe:
Russia
Germany
The U.K.
France
Asia:
Japan
China
India

Related Reports:

Global Market Study on Biosensor: Asia-Pacific to Witness Highest Growth by 2020:
www.persistencemarketresearch.com/market-research/biosensor-market.asp

Global Market Study on Healthcare Cloud Computing: Hybrid Clouds to Witness Highest Growth by 2020:
www.persistencemarketresearch.com/market-research/healthcare-cloud-computing-market.asp


About Us

Persistence Market Research (PMR) is a U.S.-based full-service market intelligence firm specializing in syndicated research, custom research and consulting services. PMR boasts market research expertise across the Healthcare, Chemicals and Materials, Technology and Media, Energy and Mining, Food and Beverages, Semiconductor and Electronics, Consumer Goods, and Shipping and Transportation industries. The company draws on its multi-disciplinary capabilities and high-pedigree team of analysts to share data that precisely corresponds to clients’ business needs.

PMR stands committed to bringing more accuracy and speed to clients’ business decisions. From ready-to-purchase market research reports to customized research solutions, PMR’s engagement models are highly flexible without compromising on its deep-seated research values.

Company Name: Persistence Market Research PVT. LTD. Contact Person: Glen Hare Email: sales@persistencemarketresearch.com Phone: +1-646-568-7751 Address:305 Broadway, 7th Floor City: New York State: NY Country: United States Website: www.persistencemarketresearch.com/

+++ Upload Your Press Release +++



Need assistance?

You need a little assistance?Call for help
+1-808-521-2800

Subscribe Now!

News Distribution Service

Distribute your press release with our service?

Submit Your Press-release

Latest Travel News


Top