Electric Bed Market: Technological Advancements Shaping the Industry

Market Stats

According to the research report published by Polaris Market Research, the Global Electric Bed Market Size Is Expected To Reach USD 4.12 Billion By 2028, at a CAGR of 6.2% during the forecast period.

The newly published research report titled Electric Bed Market Statastics offers a comprehensive assessment of the market. It presents and showcases a dynamic vision of the global market scenario in terms of market statistics, market size, and competitive situation. The report provides an assessment of all the major factors, including emerging trends, growth drivers, consumption, production volume, and CAGR value. In addition, profit margins, price, and attentive opinions have been included.

Both quantitative and qualitative research methodologies have been included to provide an in-depth market comprehension. The report includes an analysis of all the key segments and sub-segments in the market. Besides, Electric Bed market performance in various regions has been analyzed in the study. The research report serves as a valuable resource for businesses and stakeholders who want to assess the current market state and make critical decisions for business growth.

Electric Bed Market Report Scope

The report gives a complete picture of opportunities and demands that are beneficial for stakeholders in the market. It assesses the key market dynamics and growth factors to determine the market value and the growth rate. The study is based on growth probability, industry news, and market trends. In addition, a deep market analysis and competing scenario, along with a SWOT analysis of major market competitors, has been provided.

Key Market Dynamics

➡️ Market Drivers:

The research report offers vital information on all the major factors driving the Electric Bed market demand. It provides a thorough assessment of the emerging trends in the market. Also, the latest opportunities market participants can capitalize on have been studied. What’s more, major market news and the introduction of new rules and policies have been taken into consideration.

➡️ Market Restraints:

The research report highlights the factors that may hinder market growth in the coming years. It sheds light on regional conflicts and regulatory issues that can cause significant barriers to the market’s progress. By knowing the major market restraints, stakeholders can make more strategic and informed decisions.

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✍ Key Market Players

The report includes a thorough competitive analysis to help businesses identify the direct or indirect competitors to their products or services in the market. In addition, it helps stakeholders to compare themselves against other market participants in terms of vision, mission, value, and core strengths. Porter’s Five Forces analysis has been included in the study to help stakeholders identify the Electric Bed market competitive forces. The report can give stakeholders an overall understanding of the market’s competitive environment, making it criticial for devising effective operating strategies.

Some of the players in the market are:

  1. Arjo

  2. Medline Industries Inc.

  3. Hill-Rom Services Inc.

  4. Paramount Bed company

  5. Gendron Inc.

  6. Stryker

  7. Malvestio Spa

  8. Invacare Corporation

  9. LINET

  10. Midmark India Pvt. Ltd.

    Growth Drivers

    The global aging population, particularly those over 60 years old, is driving the adoption of electric beds. Older individuals are more prone to various health issues such as cardiac problems, skeletal injuries, neurological diseases, and spinal disorders, which significantly contribute to the demand for electric beds. According to the World Health Organization (WHO), by 2050, the global population of people aged 65 and older is projected to reach approximately 1.5 billion. The elderly are highly susceptible to conditions like heart attacks, obesity, stroke, and arthritis, all of which require the comfort and support that electric beds provide. As a result, the growing aging population is expected to boost the electric bed market.

    Additionally, the increasing number of surgeries worldwide is further driving the market. Estimates from Molnlycke Health Care AB suggest that around 70 million surgeries are performed annually in Europe, while the Healthcare Cost and Utilization Project (HCUP) reported that more than 9.9 million surgeries took place in ambulatory care settings in the U.S. in 2015 alone. Surgical procedures require electric beds for patient comfort and proper care, fueling the demand for these beds in healthcare settings and contributing to market growth.

Regional Analysis

The research report tracks the market growth trajectory across various regions and sub-regions. A thorough assessment of the various market segments at the regional, national, and global levels has been provided. Additionally, other important market aspects such as market consumers, supply chain analysis, and raw materials have been included. What’s more, businesses and stakeholders can tap into vital market revenue projections and worldwide projections by going through the Electric Bed market research report.

Major regions and sub-regions covered in the study are:

▫️ North America (US, Canada)
▫️ Europe (France, Germany, UK, Italy, Netherlands, Spain, Russia, and Rest of Europe)
▫️ Asia Pacific (Japan, China, India, Malaysia, Indonesia, South Korea, and Rest of Asia Pacific)
▫️ Latin America (Brazil, Mexico, Argentina, and Rest of Latin America)
▫️ Middle East & Africa (Saudi Arabia, UAE, Israel, South Africa, and Rest of Middle East & Africa)

Report Scope

Electric Bed Market, Product Outlook (Revenue - USD Million, 2016 – 2028)

  1. Semi-automatic Electric bed

  2. Fully Automatic Electric bed

Electric Bed Market, Application Outlook (Revenue - USD Million, 2016 – 2028)

  1. General Bed

  2. Intensive Care Bed

  3. Bariatric Bed

  4. Birthing Bed

  5. Others

Electric Bed Market, End Use Outlook (Revenue - USD Million, 2016 – 2028)

  1. Hospitals & Clinics

  2. Reproductive Care Centers

  3. Dentistry

  4. Others

Conclusion

The Electric Bed market research report provides a precise analysis of a rapidly growing market. It includes information on data sources, research findings, and an appendix for an in-depth market assessment. In addition, the most recent market developments have been highlighted to help stakeholders devise effective operating strategies.

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