Title: How Will The Hospital Beds Market Propagate With Global Taking The Lead?
1How Will The Hospital Beds Market Propagate With
Global Taking The Lead?
Report Id PMRREP2815 Category Life Science
Healthcare
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3North America to remain dominant in the global
parenteral medical nutrition market
- 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.
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