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Demand For Healthcare Beds Is Expected To Rise In The Next Ten Years

The global medical beds market amassed revenue worth US$ 3.8 Bn in 2020. Fact.MR, a market research and competitive intelligence provider, has recently published a revised analysis, which estimates the market to rise at a CAGR of 3.7% and be valued at around US$ 5.5 Bn by 2031.

Even though the medical beds market accounts for less than 1% of the overall medical devices market, which was worth around US$ 430 Bn in 2020, demand for medical equipment is expected to rise steadily over the next ten years, boding well for market expansion.

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7 Key Takeaways from Fact.MR’s report on Medical Beds Market

The report by Fact.MR has identified key players operating in global medical beds market, which include Merivaara Corp., Span-America Medical Systems, Inc., Stiegelmeyer GmbH & Co. KG, LINET spol. s r.o., Medline Industries, Inc., Amico Corporation, Invacare Corporation, Getinge AB, Hill-Rom Holdings, Inc., and Stryker Corporation.

Key Segments Covered in Medical Beds Industry Survey

  • By Product Type:

    • Electric Medical Beds
    • Semi-Electric Medical Beds
    • Manual Medical Beds
  • By End User:

    • Hospitals
    • ASCs
    • Other Facilities
  • By Application:

    • Intensive Care Beds
    • Non-intensive Care Beds
  • By Usage:

    • Acute Care Beds
    • Psychiatric Care Beds
    • Long-term Care Beds
    • Bariatric Beds
    • Others
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