Asia Pacific Electric Beds Market

Market Introduction

Electric beds are beds, which allow adjusting both the upper and lower body positions and adjusting the height of the bed itself. They may help a variety of medical complaints and exponentially increase comfort. Rising prevalence of chronic diseases such as cancer, cardiovascular disease (CVD), and diabetes escalate the demand for electric beds.

Market Overview and Dynamics

The Asia Pacific electric bed market is expected to reach US$ 1,027.55 million by 2027 from US$ 446.36 million in 2019; it is estimated to grow at a CAGR of 10.4% from 2020 to 2027. The growth of the Asia Pacific electric beds market is attributed to key driving factors such as rising number of chronic diseases, increasing number of hospitals and clinics, and growing number of public–private partnership in healthcare industry. However, the steep prices of electric beds and reduction in the average length of hospital stays by patients are likely to hinder the market growth.

Key Market Segments

Based on product, the Asia Pacific electric bed market is bifurcated into semi-automatic electric beds and fully automatic electric beds. The semi-automatic electric beds segment held a larger share of the market in 2019, and the fully automatic electric beds segment is expected to register a higher CAGR in the market during the forecast period.

By application, the Asia Pacific electric bed market is segmented into general bed, intensive care bed, bariatric bed, and birthing bed. The general bed segment held the largest share of the market in 2019. However, the intensive care segment is estimated to register the highest CAGR in the market during 2020–2027.

Based on end user, the Asia Pacific electric bed market is segmented into hospitals and clinics, dentistry, and others. The hospitals and clinics segment held the largest share of the market in 2019, and the same segment is anticipated to register the highest CAGR in the market during the forecast period.

Major Sources and Companies Listed

Some of the primary and secondary sources associated with this report on the Asia Pacific electric bedsmarket are World Health Organization (WHO); Centers for Disease Control and Prevention (CDC);andOrganization for Economic Co-operation and Development (OECD).

Reasons to buy the report

• Determine prospective investment areas based on a detailed trend analysis of the Asia Pacificelectric beds market over the next years.
• Gain an in-depth understanding of the underlying factors driving demand for different addictions therapeutics segments in the top spending countries and identify the opportunities offered by each of them.
• Strengthen your knowledge of the market in terms of demand drivers, industry trends, and the latest technological developments, among others.
• Identify the major channels driving the Asia Pacificelectric beds market, providing a clear picture of future opportunities that will help Analyze, resulting in revenue expansion.
• Channelize resources by focusing on the ongoing programs undertaken by the different countries within theAsia Pacificelectric beds market.

ASIA PACIFICELECTRIC BEDS SEGMENTATION

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

Company Profiles

• Arjo Medical Devices
• Hill Rom Holding Inc.
• Medline Industries, Inc.
• Invacare Corporation
• Stryker Corporation
• Malvestio Spa
• LINET
• Gendron Inc.
• Joerns Healthcare LLC

Asia Pacific Electric Beds Market Strategic Insights

Asia Pacific Electric Beds Market Segmentation Analysis

Asia Pacific Electric Beds Market Report Highlights

Asia Pacific Electric Beds Report Scope

Asia Pacific Electric Beds Market Country and Regional Insights