Hospital beds are specially designed for hospitalized patients in need of some form of health care services. Hospital beds permit body positioning that is not feasible in a regular home bed. They also can be attached with other pieces of equipment that cannot be used on a regular home bed. Different types of hospital beds are available in the market. Introduction of electric and semi-electric beds have completely changed the scenario of hospital beds
According to the WHO, the number of people aged over 65 was approximately 524 million in 2010 which will increase till 1.5 billion in 2050. Medical emergencies such as sport injuries, accidents, industrial mishaps, and natural calamities are increased during last decade, thus provided a huge opportunity for the hospitals to improve their promptness to tackle such medical emergencies.
Some of the latest development in the market are-
May 2017, Hill-Rom Holdings, headquartered in Batesville, Indiana, US, is one of the leading global medical technology company. Recently 2017 the company announced the launch of the new Hill-Rom 900 Accella bed system for higher acuity patients in intensive and acute care settings. Additionally, in 2016, the company acquired Tridien Medical which has improve the manufacturing and supplying of the products.
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Being a competitive market, a number of different manufacturers are focusing on the product launch, and acquisition for the market development. Hill-Rom Holdings is one of the leading players in the market. The company also has its brand identity and wide presence as it operates worldwide with the huge workforce. The company has a significant presence in America, Europe and many regions of Asia with commercial, manufacturing, and distributing facilities. Stryker Corporation, Linet spol. s r.o., Invacare Corporation, and Paramount Bed Holdings Co., Ltd. are some leading players in the global hospital bed market.
The global hospital beds market is segmented into four regions namely: the Americas, Europe, Asia Pacific, and the Middle East Africa. Europe holes the largest market share in the global hospital beds market due to increasing government support and high healthcare spending. Moreover, continuous technological development and the growing presence of the global market leaders contribute to the market growth.