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(Hosting-NewsWire.com, March 05, 2021 ) Meticulous Research® – leading global market research company published a research report titled “European Hospital Beds Market by Product (Beds, Accessories), Area of Use (Critical, Bariatric, Med Surg, Pediatric, Maternal), Technology (Powered, Manual), Type of Care (Curative, Long Term), and End User (Hospital, Homecare)-Forecast to 2024”.
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According to this latest publication from Meticulous Research®, the European hospital beds market is expected to grow at a CAGR of 3.9% from 2018 to reach $1,102.0 million by 2024. The growth of this market will be driven by factors such as increasing elderly population coupled with growing prevalence of chronic diseases and launch of technologically advanced beds. Moreover, emergence of smart beds and robotic beds and growing demand for beds for long-term care further supports the growth of this market. However, rising preference to minimally invasive surgeries (eliminating necessity of longer hospital stays) and decreasing number of hospitals and hospital beds in some of the European countries restrains the growth of this market to some extent.
Download Free PDF Sample Copy of the Report (with COVID-19 Impact Analysis): https://www.meticulousresearch.com/request-sample-report/cp_id=4626
The European hospital beds market study presents historical market data in terms of values (2016 and 2017), estimated current data (2018), and forecasts for 2024-by product (beds, accessories), area of use (critical care, long-term care, bariatric care, med-surg, homecare, pediatric, and maternal), type of care (curative care, rehabilitative care, long-term care), technology (manual, powered), end user (hospitals, elderly care settings, homecare, and others), and geography. The study also evaluates industry competitors and analyzes the market at regional and country level.
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Scope of the Report:
European Hospital Beds Market by Product
European Hospital Beds Market by Area of use
European Hospital Beds Market by Type of care
European Hospital Beds Market by Technology
European Hospital Beds Market by End user
Elderly care settings
European Hospital Beds Market by Geography
Rest of Europe (RoE)
To gain more insights into the market with a detailed table of content and figures, click here: https://www.meticulousresearch.com/product/european-hospital-beds-market-4626
On the basis of product, beds commanded the largest share of the European hospital beds market in 2017. However, accessories are expected to witness a rapid growth during the forecast period mainly due to growing demand for custom accessories such as extensions, side rails, and side trays.
On the basis of area of use, the critical care segment commanded the largest share of European hospital beds market in 2017. The large share is attributed to greater hospital admissions due to chronic illness and accidental injuries, and high dollar value of beds used in critical care. However, homecare segment is expected to witness a rapid growth during the forecast period mainly due to growing preference of geriatric population towards homecare as an affordable and convenient way of healthcare.
On the basis of type of care, curative care commanded the largest share of European hospital beds market in 2017 due to growing inpatient population at healthcare facilities resulting out of old age, chronic and infectious diseases, and physical injuries. However, long-term care market is expected to witness a rapid growth during the forecast period with the increasing aging population and favorable regulatory reforms for long-term care in various European countries.
On the basis of technology, powered beds commanded the largest share of European hospital beds market in 2017 and are expected to witness a rapid growth during the forecast period. This is mainly due to its various features such as position adjustment, presence of monitoring sensors, and fall detection – offering greater patient safety as well as improve caregiver performance by reducing repetitive strain injuries (RSI).
On the basis of end-user, hospitals commanded the largest share of European hospital beds market in 2017. This is attributed to relatively greater patient access to healthcare and increasing prevalence of various acute and chronic diseases resulting in greater admission rate in hospitals.
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Key questions answered in the report-
Which are the high growth market segments in terms of product, area of use, type of care, end user, and region/countries?
What was the historical market for hospital beds across the European region?
What are the market forecasts and estimates for the period 2018-2024?
What are the major drivers, restraints, opportunities, and trends in the European hospital beds market?
Who are the major players in the European hospital beds market?
How is the competitive landscape and who are the market leaders in the European hospital beds market?
What are the recent developments in the European medical/hospital beds market?
What are the different strategies adopted by the major players in the European hospital beds market?
What are the geographical trends and high growth regions/ countries?
Who are the local emerging players in the European hospital beds market and how do they compete with the European players?
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