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The hospital bed market in Europe, the Middle East, and Africa (EMEA) is witnessing a tremendous surge in demand. The growing prevalence of continual illnesses and a growing old populace are key contributors to this trend. The market is experiencing a shift in the direction of technologically superior hospital beds. Innovations such as smart beds geared up with patient monitoring structures and stress redistribution functions are gaining traction. These advancements aim to beautify patient consultation and streamline healthcare processes. Governments across the EMEA are making good-sized investments in healthcare infrastructure. This includes the expansion and modernization of hospitals, leading to an accelerated procurement of hospital beds. This trend is specifically substantial in countries aiming to strengthen their healthcare structures. There is a sizeable trend towards affected person-centric healthcare solutions, influencing the layout and functionality of hospital beds. Adjustable features, ergonomic designs, and enhanced mobility options have become vital elements in the shopping choices of healthcare vendors.
The ongoing international pandemic has underscored the significance of healthcare infrastructure. Hospitals are increasingly making an investment in beds prepared to deal with infectious sicknesses, contributing to a spike in demand for specialized hospital beds designed for isolation and crucial care. With a growing emphasis on domestic-based total healthcare, there's a first-rate upward push in the demand for hospital beds for home care settings. This shift is driven by factors such as an aging population, a preference for in-home care, and improvements in technology, making it feasible to provide complex hospital treatment outside traditional healthcare centers. Economic balance and boom in the EMEA region play an essential position in shaping the hospital bed market. As economies continue to recover from international challenges, healthcare expenditure is anticipated to increase, using the market further.
Stringent rules and standards governing healthcare gadgets in the EMEA place affect market dynamics. Compliance with those rules is a key consideration for producers, impacting product improvement and market entry. Companies in the hospital bed market are an increasing number of carrying out partnerships and collaborations. These strategic alliances aim to leverage the strengths of multiple entities, fostering innovation and expanding market presence. There is a developing focus on environmental sustainability in healthcare. Manufacturers are incorporating green substances and energy-green capabilities into hospital bed designs, aligning with international efforts to create more sustainable healthcare answers.
Europe Hospital Bed Market Highlights:
Europe, Middle East & Africa Hospital Bed Market Overview
Europe, the Middle East and Africa Hospital Bed Market Size was valued at USD 1.50 Billion in 2023. The Global Europe, the Middle East and Africa Hospital Bed industry is projected to grow from USD 1.58 Billion in 2024 to USD 2.83 Billion by 2032, exhibiting a compound annual growth rate (CAGR) of 5.89% during the forecast period (2024 - 2032).
Beds are the primary requirements for the healthcare facilities providers. The prime objective of these care centers are to provide comfort and relief to the patients. When patient arrives in the hospital he is unable to move. The beds available for the purpose of healthcare are specially designed for the comfort of the patients.
Beds used in the healthcare facility centers are customized or specially modified beds. The modifications are made to for convenience of the patients. The modifications are made for the purpose of adding features to the beds. The features include adjustable heights, adjustable size, and also for the sections like head and feet. The features also include wheels, automations button for the electric devices and side trail rails and many more.
Patients with conditions like cardiac problems, cancer, renal problems, bone fractures, spine fracture, pregnant women, old aged people and children are the major utilizers of hospitals beds. Patients are made comfortable in hospitals with the different features of beds. As the beds are available with all features required by the patient conditions. The only matter of concern is of price of the beds. But the governments and the private companies do spend much on the healthcare expenditures that helps the user to utilize the facilities.
The Europe, Middle East & Africa market of hospital beds is steady growing because of the Europe has increasing expenditures on the advanced technology in healthcare. Growing number of chronic diseases, non-chronic diseases is also rising. The market of Middle East & Africa is growing at a steady pace, but the government of this regions are providing schemes and consolidations for the healthcare facilities. Also in the Middle East and Africa region the number of incidence of the chronic diseases are increasing. The requirement for the beds and the demand from the healthcare centers is high. The overall Europe, Middle East & Africa market of hospital beds is expected to grow with a CAGR of 5.89%.
Study Objectives of Europe, Middle East & Africa Hospital Bed Market:
- To provide detailed analysis of the market structure along with forecast for the next 7 years of the various segments and sub-segments of the Hospital bed market
- To provide insights about factors influencing the market growth
- To analyze the hospital bed market based on various factors- price analysis, supply chain analysis, porters five force analysis etc.
- To provide historical and forecast revenue of the market segments and sub-segments with respect to countries of Europe, Middle East & Africa.
- To provide country level analysis of the market with respect to the current market size and future prospective
- To provide country level analysis of the market for segments by hospital bed type, by application type and by end users and its sub-segments.
- To provide overview of key players and their strategic profiling in the market, comprehensively analyzing their core competencies, and drawing a competitive landscape for the market.
- To track and analyze competitive developments such as joint ventures, strategic alliances, mergers and acquisitions, new product developments, and research and developments in the Europe, Middle East & Africa hospital bed market.
Key Players for Europe, Middle East & Africa Hospital bed Market
Some of the Key Players in This Market Are:
- Stryker Corporation
- Hilli Rom Holding. Inc.
- Getinge Group
- Paramount Bed Co. Ltd.
- Invacare Corporation
- Arjo Hunjtleigh
Europe, Middle East & Africa Hospital Bed Market Segment Insights
Europe, Middle East & Africa Hospital Bed Type Insights
On the basis of types which comprises type, Standard bed, Manual bed, Hydraulic bed and Electric bed
EME & Africa Hospital Bed Application Insights
On the basis of application, Medical/Surgical bed, Critical care bed, Maternity bed, Bariatric bed and others
Europe, Middle East & Africa Hospital Bed End User Insights
On the basis of end users, Hospitals & Clinics, Nursing homes and Maternity homes
EME & Africa Hospital Bed Regional Insights
Europe, Middle East & Africa region is steady growing market for the hospital bed. The Europe market for hospital bed is expected to grow at a CAGR of 4% during the forecasted period. The Europe market value was estimated USD 1,650 million in 2015 and is expected to reach USD 2,100 million by 2023. This is due to increasing expenditures on advanced technology for healthcare and increasing number of chronic and non-chronic diseases. Where the market for the Middle East & Africa is expected to grow at a rate of 2.5% CAGR during the forecasted period. The market in Middle East and Africa are rising due to the government schemes and consolidation schemes for the people. The market for Middle East & Africa is less than the developed countries.
Europe, Middle East & Africa Hospital Bed Intended Audience
- Hospital bed manufacturers
- Hospital bed Suppliers
- Bio-supplier companies
- Research and Development (R&D) Companies
- Medical Research Laboratories
- Academic Medical Institutes and Universities
The report for Europe, Middle East & Africa hospital bed market of Market Research Future comprises of extensive primary research along with the detailed analysis of qualitative as well as quantitative aspects by various industry experts, key opinion leaders to gain the deeper insight of the market and industry performance. The report gives the clear picture of current market scenario which includes historical and projected market size in terms of value and volume, technological advancement, macro economical and governing factors in the market. The report provides details information and strategies of the top key players in the industry. The report also gives a broad study of the different markets segments and regions.
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