Market Challenges And Opportunities

Increasing healthcare spending and emergence of better healthcare facilities to drive the sales of hospital beds worldwide

Improving healthcare amenities along with rise in healthcare spending is expected to bolster the demand for powered and manual hospitals worldwide. Replacement cycle might add to the growing numbers. There has been a spur in hospital up gradation in developing regions especially China and India – creating lucrative market opportunity for the players, however, at a sluggish rate.

Market- Restraints:

Hospital beds have been serving the purpose of patient care in various medical institutions and terminal patient care in many residencies. Household beds can be difficult to clean and maintain hygiene for a longer period of time, hospital beds on the other hand are quite versatile and robust, they are easier to clean and maintain for a longer period of time. Hospital beds can be set to any inclination or reclined as per the patient’s condition or comfort. This is generally done manually by medical assistants or nurses, with the help of levers fixed to the beds, upon a physician or patient’s request. In addition, many modern hospital beds have the provision of electrical assistance for movement as well as for patient monitoring. These are known as powered/electrical hospital beds and are well suited in conditions where limited assistance is available, or when patient requires a particular resting position. Hospitals beds are also custom made for various patient or medical institution setting, such as psychiatry beds, pediatric beds, outpatient beds, maternity beds, bariatric beds, terminal patient beds, ambulatory, and intensive care unit beds. Maternity beds were developed to assist obstetrician and expectant mothers offer a comfortable zone for child birth, the beds are additionally equipped with foot rest and provisions for birthing electronic devices. Bariatric beds, on the other hand are specifically designed to occupy heavily obese patients weighing more than 100kg, the locomotion systems are also equipped to assist the movement of patients. Wheel assisted mobility in beds were a great boon in hospital setting as the need for patient transfer was eliminated. Manual beds are particularly helpful in settings where electric supply is not consistent. Whereas electronic beds are more expensive than manual beds and require periodic maintenance.