Global Delivery Beds Market- Regional Analysis
Among region, Asia Pacific is estimated to hold a dominant position in the global delivery beds market over the forecast period. Asia Pacific holds 35.2% of the market share, attributed to the rise in number of birthss. According to Worldmapper 2022 Report, the world population reached 8 billion in 2022. In 2022, India had the most births (23 million), followed by China (10 million), Nigeria (8 million), Pakistan (6.4 million), and Indonesia (4.5 million). Other countries with the highest birth rates are the Democratic Republic of the Congo, Ethiopia, the U.S., Bangladesh, and Brazil.
Furthermore, foreign investments in leading maternity clinics is anticipated to support the development of delivery beds market in Asia Pacific region. For instance, in July 2021, NewQuest Capital Partners, a global a leading secondary private equity platform (later acquired by TPG, a global alternative asset firm in January 2022), announced the acquisition of a minority stake in Kids Clinic India Private Limited, which operates the Cloudnine hospital chain in India. Cloudnine is India's premier maternal, daycare, and fertility care facility. The company's headquarters are in Bengaluru, and it has 16 facilities in Gurgaon, Noida, Chandigarh, Panchkula, Chennai, Mumbai, and Pune.
Based on Region, the market is segmented into North America, Latin America, Europe, Asia Pacific, Middle East, and Africa. Out of which, the Asia Pacific segment is anticipated to register the highest market share over the analysis period, owing to new product launches by key market players and rise in the healthcare expenditure.
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