The Global
Therapeutic
Beds
Market
is growing substantially owing to the increasing geriatric population
and chronic diseases such as cancer, cardiovascular diseases and
diabetes among others. Therapeutic beds comprise of beddings and
mattresses meant for medical purposes. These beds are primarily used
in hospitals, medical clinics and also by patients at home. The
therapeutic beds market has entered into the household retail sector
owing to its novel and innovative range of beds and mattresses.
The therapeutic beds
market is principally segmented into two types’ clinical beds and
household beds. However, the broader segmentation of therapeutic beds
comprises of ICU beds, regular medical beds, birthing beds, pediatric
beds and support surfaces. Apart from these standard bed types, there
also exist specialized segments such as bariatric beds, air fluidized
and low air loss bed systems. The other peripheral segments comprise
of bedding, mattress replacements and overlays.
The major drivers of
the therapeutic beds market in the present times are the remarkable
growth in the medical business; high level of innovation in both
treatment and post surgical attendance to the patients. Also the
growing consciousness among common people about health and wellness
has considerably triggered the growth of this market. Additionally,
the introduction of technologically enhanced novel products such as
fiber made body, adjustable side railings; automatic height
adjustability, light weight coupled with portability and multi
storage facilities are also influencing the growth of the market,
globally. Automated beds have become a necessity in both clinical and
household market in most regions of the world.
However, there are
major restraints which the market encounters such as the expensive
pricing of these beds is a major concern for growth of this market.
The competitive rivalry in among the established manufacturers
prevents the new entrants from attaining economies of scale thereby
impacting the pricing of these beds and allied utilities. The major
market segment for therapeutic beds is still restricted to hospitals,
medical clinics and allied therapists markets. With growing awareness
among the general public and sportsmen, the retail segment of the
specialized household therapeutic beds is also on the rise. Another
rapidly growing market for therapeutic beds is modern spas,
relaxation and rejuvenation units. Hospitals hold the major market
share for the therapeutic beds market globally due to their extensive
use and availability in this sector.
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Geographically,
North America and other developed nations such as the U.K., Germany,
France and Italy among others constitute the largest market for this
sector both in terms of production, consumption and worldwide
exports. Developing nations such as Brazil, India, Thailand, Korea,
South Africa and China among others are observing attracting huge
market opportunities for the global manufacturers. Thus the entire
global market can be majorly classified into regions such as North
America, Europe, Asia Pacific and the Rest of the world.
Few Major
Market Players
in the therapeutic beds market worldwide are Hard Manufacturing Co.,
BG Industries, Invacare Corporation, Carital Ltd, Centromed Ltd.,
Casco Solutions, Hill Rom, Inc., Gaymar Industries, Gendron, Inc.,
Grant Airmass Corporation, The LiftCare Bed Co, Stryker Corporation,
BaKare Beds Ltd., and GF Health Products, Inc among others.
This market research
report analyzes important market segments, and major geographies.
This report is a complete study of current trends in the market,
industry growth drivers, and restraints which forecasts the future
opportunities for the market players. It includes analysis of recent
developments in technology, Porter’s five force model analysis and
detailed profiles of top industry players. The report also includes a
review of micro and macro factors essential for the existing market
players and new entrants along with detailed value chain analysis.
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