Medical Bed Market Report, Trends, Size, Share, Analysis, Estimations and Forecasts to 2024

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Medical Bed Market Size, Industry Analysis
Report, Regional Outlook from 2017 to 2024.
Global Market Insights Inc.
Fuel Cell Market size worth 25.5bn by 2024
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Regional Analysis of Medical Bed Market

• Germany medical bed market will exhibit rapid
  growth due to increasing number of private
  hospitals.
• As per German Hospital Federation statistics, the
  number of private hospitals are increased by
  approximately 25 percent between 2004 to 2014.
  Growing number of hospital admission cases will
  fuel growth.
• Increasing number of surgical and therapeutic
  procedures such as coronary bypass will further
  propel demand.
• India medical bed market is slated to grow at a
  robust pace over the forecast timeframe owing to
  the presence of large patient pool consisting of
  elderly population and individuals suffering from
  chronic diseases.
• Improving healthcare infrastructure along with
  growing number of government and private
  hospitals will drive industry growth. For
  instance, in April 2016, Apollo Hospitals Group
  launched a new 250 bed healthcare facility in
  Vishakhapatnam offering multi-disciplinary
  high-end tertiary care.

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• South Africa medical bed market presents a
  lucrative future opportunity owing to the
  developing healthcare infrastructure along with
  presence of large unmet needs.
• Prominent industry players include Stryker,
  Getinge Group, Invacare, Hill-Rom, Medline
  Industries, and Paramount Bed.
• The industry players adopt various strategic
  initiative such as acquisitions and new product
  launch to strengthen their industry foot hold.
  For instance, in January 2015, Stryker acquired
  the assets of CHG Hospital Beds.
• The acquisition has bolstered Strykers product
  offerings. In November 2016, Sidhil launched
  innovative IQ ICU bed with new features such as
  X-ray translucent backrest, side spilt rails and
  easy clean tray for meeting the increasing high
  demands of hospital environment.

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Competitive Market Share of Medical Bed Market

• Acute care products market is forecast to grow at
  robust rate by 2024. Multifunction applications
  of these products for managing labor, curing
  illness or providing definitive injury treatment,
  performing diagnostic or surgery procedures will
  boost demand.
• Electric beds permit the adjustment of both upper
  and lower body positions along with bed height
  adjustment via remote control. Increased comfort
  provided to patients suffering from problems such
  as poor mobility, chronic pain, swelling
  complaints, arthritis and respiratory disorders
  will stimulate product growth. However, high
  associated cost may restrict the growth to some
  extent.
• Usage of beds in homecare settings is poised to
  grow at a lucrative rate over the forecast period
  owing to increasing preference of receiving care
  at home.

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