Asia-Pacific Hospital Bed Market – Analysis and Forecast To 2024 | Getinge AB, Midmark Corporation.

The Asia-Pacific hospital bed market is expected to grow at a CAGR of 7.1% during the forecast period with its market size predicted to reach USD 1.1 billion by 2024. The Asia-Pacific hospital bed market is primarily driven by factors such as developing healthcare infrastructure, increasing healthcare expenditure, increasing geriatric population and increasing prevalence of chronic diseases. Although the demand for manual beds is the highest in the region, the electric and semi-electric hospital beds are also anticipated to showcase considerable growth in the coming years.

Download Free Report Sample At: https://www.vynzresearch.com/healthcare/asia-pacific-hospital-bed-market/request-sample

For instance, according to the World Bank, the healthcare expenditure as a percentage of its GDP in Japan and China was 7.15%, 4.49%, in 2000 respectively which increased to 10.90%, 5.32% in 2015.

The high cost of electric and semi-electric beds and comparatively lower expenditure on healthcare as compared North American and Western European countries are the key challenges in the Asia-Pacific hospital bed market.

India is the fastest growing hospital bed market among Asia-Pacific countries. The healthcare infrastructure in the country is developing with the focus of Government in rural and semi-urban areas, thus creating demand for medical beds in the country. Although most of the demand is for manual medical beds, the expanding private sector creates opportunities for the industry players for the sale of electric and semi-electric beds.

Read More: https://www.vynzresearch.com/healthcare/asia-pacific-hospital-bed-market

Some of the key hospital bed industry players are Stryker Corporation, Medline Industries, Inc., Invacare Corporation, Paramount Bed Holdings Co., Ltd., Jiangsu Aegean Technology Co. Ltd., Hill-Rom Holdings, Inc., Merivaara Corp., Getinge AB, Midmark Corporation, and Carevel Medical Systems Private Limited are the key players offering hospital beds.

About VynZ Research
VynZ Research is a global market research firm offering research, analytics, and consulting services on business strategies. We have a recognized trajectory record and our research database is used by many renowned companies and institutions in the world to strategize and revolutionize business opportunities. The company focuses on providing valuable insights on various technology verticals such as Chemicals, Automotive, Transportation, Energy, Consumer Durables, Healthcare, ICT and other emerging technologies.

Contact

Manager: Client Care

Toll-Free:18882533960

Email: kundan@vynzresearch.com

Website: www.vynzresearch.com