Medical Beds Market Will Continue to Generate Major Revenue by 2022

Medical beds are specially designed for supporting and assisting patients. These beds help in infection control and offer superior comfort. Moreover, they are easy to use and provide high levels of safety. They also help in medical risk management of the patient. Several type of medical beds are now available in global markets such as electric beds, semi-electric beds, and manual beds among others.

Technological Transformation is Changing Dynamics of Global Market

In recent years, healthcare sector has witnessed a massive technological transformation. Introduction of newer technologies to cater to patients’ comfort, affordability, portability, and usability have resulted in several innovations in medical beds market. Some of the prominent innovations have been multi-storage facility, fiber made body, automatic height adjustment feature, easy to adjust side railings among others. These beds are designed keeping in mind of the specific needs of geriatric population, who are more susceptible to medical disorders such as cardiovascular diseases, spinal problems, cancers, and neurological disorders among others. There has been a considerable rise in the number of hospitalization of this particular section of population, which in fact has helped in the overall development of the global medical beds market.

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In addition to this, increasing cases of medical emergencies have enforced the healthcare service providers to equip themselves with proper and high-end medical devices and equipment. Ambulatory surgical centers and hospitals are now purchasing medical supplies such as completely automated medical beds for making sure of patients’ comfort as well as safety.

Hospitals is expected to remain as the most prominent end-user segment of the global medical beds market in the near future. The segment will account for more than three quarters of the overall share of the global market. In terms of applications, the non-intensive care application segment is expected to remain dominant in the near future.

Home Based Services to Have Positive Impact on Market Growth

A key trend that has been observed in the global healthcare sector is of the recent preference towards availing home-based services instead of undergoing actual hospitalization. Patients’ families prefer to treat their loved ones at the comforts of their home instead of going to hospitals. This has given rise to a new and prominent segment of the global medical beds market. In addition to this, governments as well as the NGOs are now spreading awareness about home-based healthcare services. Compared to expensive nature of hospital care, home-based services are quite affordable and the overall management also becomes streamlined. This has prompted the manufacturers in the global medical beds market to tap into this segment by providing manual and semi-automated medical beds.

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The vendor landscape of the global medical beds market is highly competitive as several new players are coming into the market with innovative and affordable products. This has prompted the established players in the global market to change their traditional marketing ways and focus more on innovation and customization with extensive service packages. These companies are now trying their best to retain their customers with strong sense of brand loyalty and high-end services. The leading companies in the global market for medical beds are also trying to expand their bases to newer geographical territories in order to generate more sales and profit. Some of the key names in the global market are Merivaara Corp., Span-America Medical Systems, Stiegelmeyer GmbH & Co. KG, LINET spol s.r.o., Medline Industries, Amico Corporation, Invacare Corporation, Getinge AB, Hill Rom Holdings Inc., and Stryker Corporation among others.

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