Electrical Hospital Beds Market Scope
Electrical hospital beds are important equipment which supports patients to get into a comfortable position. These beds have the ability to lower or raising individuals with the help of a device. Enhanced healthcare infrastructure is one of the critical reasons predictable to drive the electrical hospital beds marketís growth. There are two types of electrical beds such as automatic and semi-automatic. These beds are used for different types of treatment such as critical care, acute care, and long-term care.
According to AMA, the Global Electrical Hospital Beds market is expected to see growth rate of 5.48%
The global electrical hospital beds market is a niche market, thus very seldom electrical bed manufacturers are available in the market. The initial investments in electrical hospital bed manufacturing is comparatively higher which is leading to minimize the threat of external market substitutes. Thus, it will ultimately affect the overall competitive rivalry in the market. Moreover, very few manufacturers have covered half of the global market share, thus, the overall market will show perfect oligopoly in Research Analyst at AMA estimates that United States Players will contribute to the maximum growth of Global Electrical Hospital Beds market throughout the predicted period.
Gendron, Inc. (United States), Span America Medical System, Inc. (United States), Stryker Corporation (United States), Merivaara Corporation (Finland), Invacare Corporation (United States), Famed Zywiec Sp.zo.o. (Poland), ArjoHuntleigh (Sweden), Amico Group of Companies (Canada), Linet spol.s.r.o. (Czech Republic) and Paramount Bed Holding Co., Ltd. (Japan) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research are Midmark Corporation (United States), Hill Room Holding (United States), Medline Industries, Inc. (United States), Getinge AB (Sweden) and Malvestio Spa (Italy).
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a
preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from total available market.
The study have segmented the market of Global Electrical Hospital Beds market by Type (Semi-automatic and Automatic), by Application (General Purpose, Intensive Care, Delivery/Birthing, Pressure Relief, Psychiatric Care, Bariatric, Pediatric and Others) and Region with country level break-up.
On the basis of geography, the market of Electrical Hospital Beds has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
Market Leaders and their expansionary development strategies
On 9th November 2018, Stryker has acquired K2M Group Holdings, Inc., a global leader of complex spine and minimally invasive solutions for offering innovative solutions.
- Increasing Demand in Due to Rising Number Operating theaters
- Healthcare Facilitation At Home for Vegetative Patients
- Rising Healthcare Infrastructure
- Adoption of Advanced Medical Equipment
- Rising Demand of Electrical Beds in Emerging Countries
- High Cost of Electrical Hospitals Beds
- Rising Distribution Across the world
Key Target AudienceElectrical Hospital Beds Manufactures, Electrical Hospital Beds Suppliers/Distributors, Electrical Hospital Beds Industry Association, Healthcare Industry, Government regulatory bodies, Government and Private Research Organization and Others