Authored By: Sarah
20 May 2021

Hospital Beds Market Growth Analysis | Trends, Drivers and Vendor Forecasts for 2020-2024

Technavio has been monitoring the hospital beds market and it is expected to grow by $ 1.41 bn, decelerating at a CAGR of almost 8% during the forecast period. The growth trajectory of the market is traced through a detailed analysis of the prevalent market forces, trends, and drivers along with competitive benchmarking

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Hospital Beds Market: Key Trends to impact market growth

The growing geriatric population is one of the key hospital beds market market trends. This research report provides a detailed impact analysis of all the trends that are likely to influence the growth of the market in focus.

Hospital Beds Market: Top Drivers to Boost Demand

The rise in infectious diseases is one of the primary factors driving the growth of the hospital beds market. The report provides a detailed study of all the factors that are likely to boost the market. This analysis will enable clients to leverage growth opportunities to their advantage and set their business

Hospital Beds Market Growth Analysis | Trends, Drivers and Vendor Forecasts for 2020-2024

Vendor Analysis: Gendron Inc., Getinge Group and Hill-Rom Holding Inc. are key growth contributors

The market is fragmented. The research report provides insights into the top market player and their product portfolio along with a pipeline analysis of upcoming developments and growth opportunities. The growth of the players depends on several factors such as market conditions, government support, and industry development. To survive and succeed in such an intensely competitive market, players must distinguish their product and service offerings through clear and unique value propositions. Gendron Inc., Getinge Group, Hill-Rom Holding Inc., Invacare Corp., Linet spol. Sro, Medline Industries Inc., PARAMOUNT BED HOLDINGS CO. LTD., Savaria Corp., Stiegelmeyer GmbH & Co. KG, and Stryker Corp. are some of the major market participants.

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Hospital Beds Market: Key Highlights of the Report for 2020-2024

  • CAGR of the market during the forecast period 2020-2024
  • Detailed information on factors that will drive hospital beds market growth during the next five years
  • Precise estimation of the hospital beds market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the hospital beds market industry across North America, Europe, APAC, and ROW
  • A thorough analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of hospital beds market vendors
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