U.S. Hospital Beds Market – Industry outlook and data collected 2018-2026
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.
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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.
Detailed
Segmentation:
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U.S. Hospital Beds Market, By Type:
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Electric Beds
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Semi-electric Beds
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Manual Beds
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Key features
of the study:
-
This report provides in-depth analysis of the S. Hospital Beds Market and its device type, market size (US$ Million), and Cumulative Annual Growth Rate (CAGR %) for the forecast period: 2017 – 2025, considering 2017 as the base year.
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It elucidates potential revenue opportunity across different segments and explains attractive investment proposition matrix for this market.
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This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, regional outlook, and competitive strategy adopted by the leading players.
Factors such as
rising number of road accidents, sports injuries, and associated
chronic infections mainly needs a surgery, which will drive growth in
the hospital beds market in the U.S. For instance, according to World
Health Organization (WHO), 2017, road traffic injuries are the
leading cause of death among people aged between 15 and 29 years.
High cases of bed-ridden and traumatic brain injury-related emergency
patients demands longer hospital stays, in turn raising the demand
for the hospitals beds, which is expected to propel the immense
growth of the U.S. hospital beds market over the forecast period.
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.
Initiatives
taken by the U.S government and healthcare organizations for proper
disease management requiring long stay in hospital is expected to
witness the growth of the U.S hospital beds market
In October 2017,
U.S. navy’s hospital ship named USNS Comfort, designed a bed to
treat people in disaster strike. The USNS comfort ship has 1,000
patient beds, which includes 80 intensive care bed and 12 operating
rooms for both civilian and military. Furthermore, to improve
healthcare facilities for the maximum patient outcome, Highmark has
announced to build 160-bed hospital in Pine Township. Highmark is
intended to provide affordable healthcare service in the U.S.
Highmark is expected to get regulatory approval in mid-2018 and
project completion in 2021. Thus, this portfolio aims to improve
healthcare service for better treatment management, which is expected
to boost the growth of U.S. hospital beds market growth over the
forecast period.
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more on U.S.
Hospital Beds Market
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