Powered And Manual Hospital Beds MarketSize and Trends

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- Trends:

Asia Pacific to dominate the powered and manual hospital beds market

Asia Pacific represents for highest number of hospital. Most of these hospitals are fitted with over 250+ beds. China leads the market with hospitals over 69 thousand in count. India trails behind China with over 15 thousand hospitals. The region collectively holds a major market share of overall hospital beds market.

Europe follows Asia Pacific. High healthcare expenditure coupled with presence of better healthcare amenities is expected to propel the hospital beds market in the region. The region is primarily driven by UK, Germany and France. Russia and Poland are expected to gain considerable market share in Europe.

North America ranks third in terms of sales of hospital beds. Most of the demand in the region is primarily driven by U.S. As per the estimates, U.S. accounts above 85% of overall hospital beds market in North America.

Latin America and MEA are expected to register moderate growth over the forecast period.