Fully automatic electric beds segment by product is estimated to lead the market growth during the forecast period
According to a new market research study of “Asia Pacific Electric Beds Market Forecast to 2027 - COVID-19 Impact and Regional Analysis by Product, Application, End User and Country.” The Asia Pacific electric bed market is expected to reach US$ 1,027.55 million in 2027 from US$ 446.36 million in 2019. The market is estimated to grow with a CAGR of 10.4% from 2020 to 2027. The report highlights trends prevailing in the Asia Pacific electric beds market and the factors driving market along with those that act as hindrances.
Based on product, the electric bed market is segmented into semi-automatic electric beds and fully automatic electric beds. The semi-automatic segment held the largest share of the market in 2019. However, the fully automatic electric beds segment is estimated to register the highest CAGR in the market during the forecast period. Electric beds allow adjusting both upper and lower body positions as well as the height of the bed. They help in dealing with a variety of medical issues and exponentially increase comfort. Rising prevalence of chronic diseases such as cancer, cardiovascular disease (CVD), and diabetes escalate the demand for electric beds. Also, the patients in higher stages of cancer lose their ability to perform various physiological tasks on their own, and electric beds assist healthcare staff looking after such patients. As per estimates by the Globocan 2018: India Factsheet, there were 1,157,294 new cancer cases and 784,821 cancer deaths in 2018. Thus, the increasing prevalence of chronic diseases is driving the growth of the Asia Pacific electric bed market. Also, the rising number of hospitals and clinics across Asia Pacific would boost the market growth during the forecast period.
The growth of the Asia Pacific electric beds market is attributed to key driving factors such as rise in number of chronic diseases, increasing number of hospitals and clinics and increase in number of public-private partnership in healthcare industry. However, the steep prices of electric beds and reduction in average length of hospital stays by population are likely to hinder the market growth.
Arjo Medical Devices, Hill Rom Holding Inc. and Medline Industries, Inc are among the leading companies operating in the Asia Pacific electric beds market.
Asia Pacific Electric Beds Market, By Country (% Share)
The report segments in Asia Pacific Electric Beds Market as follows:
By Product
By Application
By End User
By Country
Reasons to Buy
According to a new market research study of “Asia Pacific Electric Beds Market Forecast to 2027 - COVID-19 Impact and Regional Analysis by Product, Application, End User and Country.” The Asia Pacific electric bed market is expected to reach US$ 1,027.55 million in 2027 from US$ 446.36 million in 2019. The market is estimated to grow with a CAGR of 10.4% from 2020 to 2027. The report highlights trends prevailing in the Asia Pacific electric beds market and the factors driving market along with those that act as hindrances.
Based on product, the electric bed market is segmented into semi-automatic electric beds and fully automatic electric beds. The semi-automatic segment held the largest share of the market in 2019. However, the fully automatic electric beds segment is estimated to register the highest CAGR in the market during the forecast period. Electric beds allow adjusting both upper and lower body positions as well as the height of the bed. They help in dealing with a variety of medical issues and exponentially increase comfort. Rising prevalence of chronic diseases such as cancer, cardiovascular disease (CVD), and diabetes escalate the demand for electric beds. Also, the patients in higher stages of cancer lose their ability to perform various physiological tasks on their own, and electric beds assist healthcare staff looking after such patients. As per estimates by the Globocan 2018: India Factsheet, there were 1,157,294 new cancer cases and 784,821 cancer deaths in 2018. Thus, the increasing prevalence of chronic diseases is driving the growth of the Asia Pacific electric bed market. Also, the rising number of hospitals and clinics across Asia Pacific would boost the market growth during the forecast period.
The growth of the Asia Pacific electric beds market is attributed to key driving factors such as rise in number of chronic diseases, increasing number of hospitals and clinics and increase in number of public-private partnership in healthcare industry. However, the steep prices of electric beds and reduction in average length of hospital stays by population are likely to hinder the market growth.
Arjo Medical Devices, Hill Rom Holding Inc. and Medline Industries, Inc are among the leading companies operating in the Asia Pacific electric beds market.
Asia Pacific Electric Beds Market, By Country (% Share)
The report segments in Asia Pacific Electric Beds Market as follows:
By Product
- Semi-Automatic Electric Bed
- Fully-Automatic Electric Bed
By Application
- General Bed
- Intensive Care Bed
- Bariatric Bed
- Birthing Bed
By End User
- Hospitals and Clinics
- Dentistry
- Others
By Country
- India
- Japan
- China
- South Korea
- Australia
- Rest of Asia Pacific
Reasons to Buy
- Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the Asia Pacific electric beds market.
- Highlights key business priorities in order to assist companies to realign their business strategies.
- The key findings and recommendations highlight crucial progressive industry trends in the Asia Pacific electric beds market, thereby allowing players across the value chain to develop effective long-term strategies.
- Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
- Scrutinize in-depth market trends and outlook coupled with the factors driving the market, as well as those hindering it.
- Enhance the decision-making process by understanding the strategies that underpin security interest with respect to client products, segmentation, pricing and distribution.
Table of Contents
1. Introduction
3. Research Methodology
4. Asia Pacific Electric Beds - Market Landscape
5. Electric Bed Market - Key Market Dynamics
6. Electric Bed Market - Asia Pacific Analysis
7. Electric Bed Market Analysis - By Product
8. Electric Bed Market Analysis - By Application
9. Electric Bed Market Analysis - By End User
10. Electric Bed Market Analysis and Forecasts To 2027 - Asia PacificAnalysis
11. Impact of COVID-19 Pandemic on Asia Pacific Electric Bed Market
12. Company Profiles
13. Appendix
List of Tables
List of Figures
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Arjo Medical Devices
- Hill Rom Holding Inc.
- Medline Industries, Inc.
- Invacare Corporation
- Stryker Corporation
- Malvestio Spa
- LINET
- Gendron Inc.
- Joerns Healthcare LLC
