Electric Bed Market Insights:
In a recent research report by Market Research Community, the electric bed market is expected to surpass USD 4.41 Billion by the year 2030, from USD 2.46 Billion in 2021.
The growing patient population, growing elderly population, and increased adoption of technologically advanced products are all factors contributing to the rising need for electric beds in emerging nations. The number of patients being admitted to hospitals and clinics has surged as a result of the recent global COVID-19 outbreak. For elderly persons and those with serious diseases, electric beds are among the most important necessities.
Over the projection period, it is anticipated that the reproductive care centers category would experience significant growth. The electric bed's many benefits are increasing interest in the device. These beds' comfort and convenience allow patients to deliver babies comfortably.
Over the projection period, Asia Pacific is anticipated to experience the quickest growth rate of 7.4%. It is projected that the presence of growing nations like China, India, and Japan will accelerate market expansion in the Asia Pacific region. Some of the factors projected to propel the market include growing patient safety and care awareness in this region and expanding healthcare infrastructure development.
The Electric Bed market is projected to grow at a significant pace reaching a CAGR of approximately 6.7%, over the forecast period of 2022–2030, despite a considerable fall in Product sales during the initial phase of pandemic spread and lockdown restrictions imposed globally.
The study is consolidated into major segments and further into sub-segments, such as by Product (Semi-automatic Electric Bed, Fully Automatic Electric Bed) Application (General Bed, Intensive Care Bed, Bariatric Bed, Birthing Bed, Others), by end-use (Hospitals & Clinics, Reproductive Care Centers, Dentistry, Others) to forecast the electric bed market size by value; also includes the analysis of past market dynamics from 2016 – 2021, considering 2021 as the base year.
Lastly, the report includes a regional analysis and country analysis with the latest trends, along with the major key players including Arjo; Hill-Rom Services Inc.; Medline Industries, Inc.; PARAMOUNT BED CO., LTD.; Invacare Corporation; Stryker; Malvestio Spa; LINET; Gendron Inc.; Midmark India Pvt. Ltd.
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