Automated Hospital Beds Market Trends

  • Report ID: 3892
  • Published Date: Aug 21, 2024
  • Report Format: PDF, PPT

Automated Hospital Beds Market Trends

Growth Drivers

  • Growing Advancements and Innovations in the Medical Devices’ Technology
  • Increasing Patient Pool Around the World

Challenges

  • High Cost of Automated Hospital Beds

Automated Hospital Beds Market: Key Insights

Base Year

2023

Forecast Year

2024-2036

CAGR

5.7%

Base Year Market Size (2023)

USD 23.62 billion

Forecast Year Market Size (2036)

USD 48.56 billion

Regional Scope

  • North America (U.S., and Canada)
  • Asia Pacific (Japan, China, India, Indonesia, Malaysia, Australia, South Korea, Rest of Asia Pacific)
  • Europe (UK, Germany, France, Italy, Spain, Russia, NORDIC, Rest of Europe)
  • Latin America (Mexico, Argentina, Brazil, Rest of Latin America)
  • Middle East and Africa (Israel, GCC North Africa, South Africa, Rest of the Middle East and Africa)
 
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Browse Key Market Insights with Data Illustration:


Author Credits:  Radhika Pawar


  • Report ID: 3892
  • Published Date: Aug 21, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

In the year 2024, the industry size of automated hospital beds is estimated at USD 24.7 billion.

Automated Hospital Beds Market size was over USD 23.62 billion in 2023 and is set to cross USD 48.56 billion by 2036, growing at more than 5.7% CAGR during the forecast period i.e., between 2024-2036. The market growth is driven by growing advancements and innovations in the medical devices’ technology, and increasing patient pool around the world.

Asia Pacific industry is expected to account for largest revenue share by 2036, propelled by increasing geriatric population, as they are more prone to chronic diseases.

The major players in the market are Gendron Inc., Invacare Corporation, Linetspol. sr.o., Medline Industries, Inc., Paramount Bed Holdings Co. Ltd., and others.
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