Research Reports

U.S. Hospital Beds Market will grow at 5.9% CAGR, was estimated to be valued at US$ 903.3 Mn in 2020 | Global Industry Analysis by Company Profiles, Segments, Size, Landscape and Demand

Published by Coherent Market Insights

Posted on September 21, 2021

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Coherent Market Insights report on the U.S. Hospital Beds Market studies past as well as current growth trends and opportunities to gain valuable insights of the indicators for the said market during the forecast period from 2021 to 2027. The report provides the overall market value of the U.S. Hospital Beds Market for the period of 2021 to 2027, with 2020 as the base year and 2027 as the forecast year. The report also provides the compound annual growth rate (CAGR) for the U.S. Hospital Beds Market for the forecast period.

The PDF for the study can be requested using the following link: https://www.coherentmarketinsights.com/insight/request-pdf/996

Hospital beds are serving the purpose of patient care in various medical institution and residences. Hospital beds are versatile and robust, in terms of ease to clean, maintenance as compared to household bed for a longer period of time. Hospital beds can be set to any inclination as per the patient’s comfort with the help of levers fixed to the beds. Moreover, most of the modern hospitals provide electric and semi-electric beds, which cut down the need of medical assistance for patient monitoring as well as movement. Hospital beds are conventionally used in various patient care settings, such as intensive care unit beds, psychiatry beds, ambulatory, pediatric beds, terminal patient beds, outpatient beds, bariatric beds, and maternity beds.

Market Dynamics

The U.S. hospital bed market is gaining significant traction due to rising geriatric population associated diseases. For instance, according to Population Reference Bureau (PRB), in 2016, around 46 million people were aged 65 years and older in the U.S. and by 2060 population is predicted to be 98 million. Geriatric population is more susceptible to infections, which raises the demand for public health system to increase the number of beds in the hospitals. This is expected to boost the growth of the U.S. hospital bed market over the forecast period. Furthermore, in October 2017, Highmark Health announced to build a new 160-bed hospital in Pine Township (U.S.). Highmark aims to make healthcare more affordable. This new hospital is expected to get regulatory approval in mid-2018 and complete by 2021. Thereby, a major step by Highmark Health to improve healthcare facilities for patient’s comfort is expected to stimulate the U.S. hospital bed market growth over the forecast period. However, advancement in the biopharmaceuticals may hamper the U.S. hospital bed market growth.

For instance, according to the Centers for Disease Control and Prevention (CDC), in 2013, around 2.8 million traumatic brain injury-related emergency department (ED) hospitalizations, visits, and deaths were estimated in the U.S. Traumatic brain injury estimated around 282,000 hospitalizations and around 2.5 million reported emergency department visits in the U.S. According to the data of CDC, it represents high prevalence of traumatic brain disorders, which requires constant care and longer hospital stays which in turn increase demand for hospital beds. This will fuel the growth of the U.S. hospital beds market over the forecast period.

Top Key Players Include In U.S. Hospital Beds Market: Hill-Rom Holdings, Inc, Carevel Medical Systems Private Limited, Getinge AB, Invacare Corporation, Stryker Corporation Linet spol S.r.o, Paramount Bed Co. Ltd., Meditech (India) pvt ltd, and Linet Group SE.

Get This premium report with Instant US$ 2000 discount @ https://www.coherentmarketinsights.com/promo/buynow/996

Contact Us

Mr. Shah
Coherent Market Insights
1001 4th Ave, #3200
Seattle, WA 98154
Phone: US +12067016702 / UK +4402081334027
Email: [email protected]

The post U.S. Hospital Beds Market will grow at 5.9% CAGR, was estimated to be valued at US$ 903.3 Mn in 2020 | Global Industry Analysis by Company Profiles, Segments, Size, Landscape and Demand appeared first on Gatorledger.

Coherent Market Insights report on the U.S. Hospital Beds Market studies past as well as current growth trends and opportunities to gain valuable insights of the indicators for the said market during the forecast period from 2021 to 2027. The report provides the overall market value of the U.S. Hospital Beds Market for the period of 2021 to 2027, with 2020 as the base year and 2027 as the forecast year. The report also provides the compound annual growth rate (CAGR) for the U.S. Hospital Beds Market for the forecast period.

The PDF for the study can be requested using the following link: https://www.coherentmarketinsights.com/insight/request-pdf/996

Hospital beds are serving the purpose of patient care in various medical institution and residences. Hospital beds are versatile and robust, in terms of ease to clean, maintenance as compared to household bed for a longer period of time. Hospital beds can be set to any inclination as per the patient’s comfort with the help of levers fixed to the beds. Moreover, most of the modern hospitals provide electric and semi-electric beds, which cut down the need of medical assistance for patient monitoring as well as movement. Hospital beds are conventionally used in various patient care settings, such as intensive care unit beds, psychiatry beds, ambulatory, pediatric beds, terminal patient beds, outpatient beds, bariatric beds, and maternity beds.

Market Dynamics

The U.S. hospital bed market is gaining significant traction due to rising geriatric population associated diseases. For instance, according to Population Reference Bureau (PRB), in 2016, around 46 million people were aged 65 years and older in the U.S. and by 2060 population is predicted to be 98 million. Geriatric population is more susceptible to infections, which raises the demand for public health system to increase the number of beds in the hospitals. This is expected to boost the growth of the U.S. hospital bed market over the forecast period. Furthermore, in October 2017, Highmark Health announced to build a new 160-bed hospital in Pine Township (U.S.). Highmark aims to make healthcare more affordable. This new hospital is expected to get regulatory approval in mid-2018 and complete by 2021. Thereby, a major step by Highmark Health to improve healthcare facilities for patient’s comfort is expected to stimulate the U.S. hospital bed market growth over the forecast period. However, advancement in the biopharmaceuticals may hamper the U.S. hospital bed market growth.

For instance, according to the Centers for Disease Control and Prevention (CDC), in 2013, around 2.8 million traumatic brain injury-related emergency department (ED) hospitalizations, visits, and deaths were estimated in the U.S. Traumatic brain injury estimated around 282,000 hospitalizations and around 2.5 million reported emergency department visits in the U.S. According to the data of CDC, it represents high prevalence of traumatic brain disorders, which requires constant care and longer hospital stays which in turn increase demand for hospital beds. This will fuel the growth of the U.S. hospital beds market over the forecast period.

Top Key Players Include In U.S. Hospital Beds Market: Hill-Rom Holdings, Inc, Carevel Medical Systems Private Limited, Getinge AB, Invacare Corporation, Stryker Corporation Linet spol S.r.o, Paramount Bed Co. Ltd., Meditech (India) pvt ltd, and Linet Group SE.

Get This premium report with Instant US$ 2000 discount @ https://www.coherentmarketinsights.com/promo/buynow/996

Contact Us

Mr. Shah
Coherent Market Insights
1001 4th Ave, #3200
Seattle, WA 98154
Phone: US +12067016702 / UK +4402081334027
Email: [email protected]

The post U.S. Hospital Beds Market will grow at 5.9% CAGR, was estimated to be valued at US$ 903.3 Mn in 2020 | Global Industry Analysis by Company Profiles, Segments, Size, Landscape and Demand appeared first on Gatorledger.

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