Multi-Functions Medical Beds Market Insights and Growth by 2031
Multi-functional medical beds are designed especially for supporting and assisting patients. They are integrated solutions for patient care, monitoring based on a comprehensive, and multidisciplinary design approach. They enable infection control, safety & ease of use, provide comfort, and promote risk management. Technological advancements concerning utilities, cost-effectiveness, and patient comfort have resulted in the development of various innovations in the medical beds market, such as manual beds, semi-electric beds, adjustable side railings, and automatic height adjustability.
MARKET DYNAMICS
The global multi-function medical beds market is anticipated to grow substantially due to the rise in the incidence of hospitalization and medical emergencies and the increasing elderly population coupled with growing incidences of chronic diseases. The rising expenditure on healthcare infrastructure, development of well-equipped, well-furnished, and advanced infrastructure in the hospitals and technologically advanced beds are expected to propel the market growth. Moreover, the outbreak of COVID-19 at a pan level leads to an increase in the number of patients requiring intensive care, a growing number of patients suffering from severe respiratory conditions. Hence, these patients require hospitalization leading to increased adoption of medical beds. Furthermore, the factors such as decreasing funding for public hospitals, resulting in lower adoption for advanced beds in the hospital facilities, may hinder the multi-functions medical beds market growth during the forecast period.
MARKET SCOPE
The "Multi-Functions Medical Beds Market Analysis to 2031" is a specialized and in-depth study of the healthcare industry with a special focus on the global market trend analysis. The report aims to provide an overview of multi-functions medical beds market with detailed market segmentation by type and application. The multi-functions medical beds market are expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading players in multi-functions medical beds market and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The multi-functions medical beds market are segmented on the basis of type and application. On the basis of type, the market is segmented into 4-section type, 3-section type, 2-section type, and other. On the basis of application, the market is segmented as hospital, nursing home, homecare, and other.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the multi-functions medical beds market based on various segments. It also provides market size and forecast estimates from year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The multi-functions medical beds market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
The report analyzes factors affecting multi-functions medical beds market from both demand and supply side and further evaluates market dynamics affecting the market during forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South & Central America after evaluating political, economic, social and technological factors affecting the multi-functions medical beds market in these regions.
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The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the multi-functions medical beds market based on various segments. It also provides market size and forecast estimates from year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The multi-functions medical beds market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
The report analyzes factors affecting multi-functions medical beds market from both demand and supply side and further evaluates market dynamics affecting the market during forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South & Central America after evaluating political, economic, social and technological factors affecting the multi-functions medical beds market in these regions.
MARKET PLAYERS
The report covers key developments in the multi-functions medical beds market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market players from multi-functions medical beds market are anticipated to have lucrative growth opportunities in the future with the rising demand for multi-functions medical beds in the global market. Below mentioned is the list of few companies engaged in the multi-functions medical beds market.
The report also includes the profiles of key players in multi-functions medical beds market along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of last 3 years, key development in past five years.
- Hill-Rom
- Stiegelmeyer
- Stryker
- Paramount Bed
- Linet Group
- ArjoHuntleigh
- Invacare Corporation
- Hopefull Medical Equipment
- Joerns Healthcare
- Pukang Medical instruments
The Insight Partner's dedicated research and analysis team consists of experienced professionals with advanced statistical expertise and offers various customization options in the existing study.
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Request discounts available for Start-Ups & Universities
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
This text is related
to segments covered.
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
This text is related
to country scope.
1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1 Multi-Functions Medical Beds Market - By Type
1.3.2 Multi-Functions Medical Beds Market - By Application
1.3.3 Multi-Functions Medical Beds Market - By Region
1.3.3.1 By Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. MULTI-FUNCTIONS MEDICAL BEDS MARKET LANDSCAPE
4.1. OVERVIEW
4.2. PEST ANALYSIS
4.2.1 North America - Pest Analysis
4.2.2 Europe - Pest Analysis
4.2.3 Asia-Pacific - Pest Analysis
4.2.4 Middle East and Africa - Pest Analysis
4.2.5 South and Central America - Pest Analysis
4.3. EXPERT OPINIONS
5. MULTI-FUNCTIONS MEDICAL BEDS MARKET - KEY MARKET DYNAMICS
5.1. KEY MARKET DRIVERS
5.2. KEY MARKET RESTRAINTS
5.3. KEY MARKET OPPORTUNITIES
5.4. FUTURE TRENDS
5.5. IMPACT ANALYSIS OF DRIVERS AND RESTRAINTS
6. MULTI-FUNCTIONS MEDICAL BEDS MARKET - GLOBAL MARKET ANALYSIS
6.1. MULTI-FUNCTIONS MEDICAL BEDS - GLOBAL MARKET OVERVIEW
6.2. MULTI-FUNCTIONS MEDICAL BEDS - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING
7. MULTI-FUNCTIONS MEDICAL BEDS MARKET - REVENUE AND FORECASTS TO 2028 - TYPE
7.1. OVERVIEW
7.2. TYPE MARKET FORECASTS AND ANALYSIS
7.3. 4-SECTION TYPE
7.3.1. Overview
7.3.2. 4-section Type Market Forecast and Analysis
7.4. 3-SECTION TYPE
7.4.1. Overview
7.4.2. 3-section Type Market Forecast and Analysis
7.5. 2-SECTION TYPE
7.5.1. Overview
7.5.2. 2-section Type Market Forecast and Analysis
7.6. OTHER
7.6.1. Overview
7.6.2. Other Market Forecast and Analysis
8. MULTI-FUNCTIONS MEDICAL BEDS MARKET - REVENUE AND FORECASTS TO 2028 - APPLICATION
8.1. OVERVIEW
8.2. APPLICATION MARKET FORECASTS AND ANALYSIS
8.3. HOSPITAL
8.3.1. Overview
8.3.2. Hospital Market Forecast and Analysis
8.4. NURSING HOME
8.4.1. Overview
8.4.2. Nursing Home Market Forecast and Analysis
8.5. HOMECARE
8.5.1. Overview
8.5.2. Homecare Market Forecast and Analysis
8.6. OTHER
8.6.1. Overview
8.6.2. Other Market Forecast and Analysis
9. MULTI-FUNCTIONS MEDICAL BEDS MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
9.1. NORTH AMERICA
9.1.1 North America Multi-Functions Medical Beds Market Overview
9.1.2 North America Multi-Functions Medical Beds Market Forecasts and Analysis
9.1.3 North America Multi-Functions Medical Beds Market Forecasts and Analysis - By Type
9.1.4 North America Multi-Functions Medical Beds Market Forecasts and Analysis - By Application
9.1.5 North America Multi-Functions Medical Beds Market Forecasts and Analysis - By Countries
9.1.5.1 Canada Multi-Functions Medical Beds Market
9.1.5.1.1 Canada Multi-Functions Medical Beds Market by Type
9.1.5.1.2 Canada Multi-Functions Medical Beds Market by Application
9.1.5.2 Mexico Multi-Functions Medical Beds Market
9.1.5.2.1 Mexico Multi-Functions Medical Beds Market by Type
9.1.5.2.2 Mexico Multi-Functions Medical Beds Market by Application
9.1.5.3 US Multi-Functions Medical Beds Market
9.1.5.3.1 US Multi-Functions Medical Beds Market by Type
9.1.5.3.2 US Multi-Functions Medical Beds Market by Application
9.2. EUROPE
9.2.1 Europe Multi-Functions Medical Beds Market Overview
9.2.2 Europe Multi-Functions Medical Beds Market Forecasts and Analysis
9.2.3 Europe Multi-Functions Medical Beds Market Forecasts and Analysis - By Type
9.2.4 Europe Multi-Functions Medical Beds Market Forecasts and Analysis - By Application
9.2.5 Europe Multi-Functions Medical Beds Market Forecasts and Analysis - By Countries
9.2.5.1 Germany Multi-Functions Medical Beds Market
9.2.5.1.1 Germany Multi-Functions Medical Beds Market by Type
9.2.5.1.2 Germany Multi-Functions Medical Beds Market by Application
9.2.5.2 France Multi-Functions Medical Beds Market
9.2.5.2.1 France Multi-Functions Medical Beds Market by Type
9.2.5.2.2 France Multi-Functions Medical Beds Market by Application
9.2.5.3 Italy Multi-Functions Medical Beds Market
9.2.5.3.1 Italy Multi-Functions Medical Beds Market by Type
9.2.5.3.2 Italy Multi-Functions Medical Beds Market by Application
9.2.5.4 Spain Multi-Functions Medical Beds Market
9.2.5.4.1 Spain Multi-Functions Medical Beds Market by Type
9.2.5.4.2 Spain Multi-Functions Medical Beds Market by Application
9.2.5.5 United Kingdom Multi-Functions Medical Beds Market
9.2.5.5.1 United Kingdom Multi-Functions Medical Beds Market by Type
9.2.5.5.2 United Kingdom Multi-Functions Medical Beds Market by Application
9.2.5.6 Rest of Europe Multi-Functions Medical Beds Market
9.2.5.6.1 Rest of Europe Multi-Functions Medical Beds Market by Type
9.2.5.6.2 Rest of Europe Multi-Functions Medical Beds Market by Application
9.3. ASIA-PACIFIC
9.3.1 Asia-Pacific Multi-Functions Medical Beds Market Overview
9.3.2 Asia-Pacific Multi-Functions Medical Beds Market Forecasts and Analysis
9.3.3 Asia-Pacific Multi-Functions Medical Beds Market Forecasts and Analysis - By Type
9.3.4 Asia-Pacific Multi-Functions Medical Beds Market Forecasts and Analysis - By Application
9.3.5 Asia-Pacific Multi-Functions Medical Beds Market Forecasts and Analysis - By Countries
9.3.5.1 Australia Multi-Functions Medical Beds Market
9.3.5.1.1 Australia Multi-Functions Medical Beds Market by Type
9.3.5.1.2 Australia Multi-Functions Medical Beds Market by Application
9.3.5.2 China Multi-Functions Medical Beds Market
9.3.5.2.1 China Multi-Functions Medical Beds Market by Type
9.3.5.2.2 China Multi-Functions Medical Beds Market by Application
9.3.5.3 India Multi-Functions Medical Beds Market
9.3.5.3.1 India Multi-Functions Medical Beds Market by Type
9.3.5.3.2 India Multi-Functions Medical Beds Market by Application
9.3.5.4 Japan Multi-Functions Medical Beds Market
9.3.5.4.1 Japan Multi-Functions Medical Beds Market by Type
9.3.5.4.2 Japan Multi-Functions Medical Beds Market by Application
9.3.5.5 South Korea Multi-Functions Medical Beds Market
9.3.5.5.1 South Korea Multi-Functions Medical Beds Market by Type
9.3.5.5.2 South Korea Multi-Functions Medical Beds Market by Application
9.3.5.6 Rest of Asia-Pacific Multi-Functions Medical Beds Market
9.3.5.6.1 Rest of Asia-Pacific Multi-Functions Medical Beds Market by Type
9.3.5.6.2 Rest of Asia-Pacific Multi-Functions Medical Beds Market by Application
9.4. MIDDLE EAST AND AFRICA
9.4.1 Middle East and Africa Multi-Functions Medical Beds Market Overview
9.4.2 Middle East and Africa Multi-Functions Medical Beds Market Forecasts and Analysis
9.4.3 Middle East and Africa Multi-Functions Medical Beds Market Forecasts and Analysis - By Type
9.4.4 Middle East and Africa Multi-Functions Medical Beds Market Forecasts and Analysis - By Application
9.4.5 Middle East and Africa Multi-Functions Medical Beds Market Forecasts and Analysis - By Countries
9.4.5.1 South Africa Multi-Functions Medical Beds Market
9.4.5.1.1 South Africa Multi-Functions Medical Beds Market by Type
9.4.5.1.2 South Africa Multi-Functions Medical Beds Market by Application
9.4.5.2 Saudi Arabia Multi-Functions Medical Beds Market
9.4.5.2.1 Saudi Arabia Multi-Functions Medical Beds Market by Type
9.4.5.2.2 Saudi Arabia Multi-Functions Medical Beds Market by Application
9.4.5.3 U.A.E Multi-Functions Medical Beds Market
9.4.5.3.1 U.A.E Multi-Functions Medical Beds Market by Type
9.4.5.3.2 U.A.E Multi-Functions Medical Beds Market by Application
9.4.5.4 Rest of Middle East and Africa Multi-Functions Medical Beds Market
9.4.5.4.1 Rest of Middle East and Africa Multi-Functions Medical Beds Market by Type
9.4.5.4.2 Rest of Middle East and Africa Multi-Functions Medical Beds Market by Application
9.5. SOUTH AND CENTRAL AMERICA
9.5.1 South and Central America Multi-Functions Medical Beds Market Overview
9.5.2 South and Central America Multi-Functions Medical Beds Market Forecasts and Analysis
9.5.3 South and Central America Multi-Functions Medical Beds Market Forecasts and Analysis - By Type
9.5.4 South and Central America Multi-Functions Medical Beds Market Forecasts and Analysis - By Application
9.5.5 South and Central America Multi-Functions Medical Beds Market Forecasts and Analysis - By Countries
9.5.5.1 Brazil Multi-Functions Medical Beds Market
9.5.5.1.1 Brazil Multi-Functions Medical Beds Market by Type
9.5.5.1.2 Brazil Multi-Functions Medical Beds Market by Application
9.5.5.2 Argentina Multi-Functions Medical Beds Market
9.5.5.2.1 Argentina Multi-Functions Medical Beds Market by Type
9.5.5.2.2 Argentina Multi-Functions Medical Beds Market by Application
9.5.5.3 Rest of South and Central America Multi-Functions Medical Beds Market
9.5.5.3.1 Rest of South and Central America Multi-Functions Medical Beds Market by Type
9.5.5.3.2 Rest of South and Central America Multi-Functions Medical Beds Market by Application
10. INDUSTRY LANDSCAPE
10.1. MERGERS AND ACQUISITIONS
10.2. AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
10.3. NEW PRODUCT LAUNCHES
10.4. EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS
11. MULTI-FUNCTIONS MEDICAL BEDS MARKET, KEY COMPANY PROFILES
11.1. HILL-ROM
11.1.1. Key Facts
11.1.2. Business Description
11.1.3. Products and Services
11.1.4. Financial Overview
11.1.5. SWOT Analysis
11.1.6. Key Developments
11.2. STIEGELMEYER
11.2.1. Key Facts
11.2.2. Business Description
11.2.3. Products and Services
11.2.4. Financial Overview
11.2.5. SWOT Analysis
11.2.6. Key Developments
11.3. STRYKER
11.3.1. Key Facts
11.3.2. Business Description
11.3.3. Products and Services
11.3.4. Financial Overview
11.3.5. SWOT Analysis
11.3.6. Key Developments
11.4. PARAMOUNT BED
11.4.1. Key Facts
11.4.2. Business Description
11.4.3. Products and Services
11.4.4. Financial Overview
11.4.5. SWOT Analysis
11.4.6. Key Developments
11.5. LINET GROUP
11.5.1. Key Facts
11.5.2. Business Description
11.5.3. Products and Services
11.5.4. Financial Overview
11.5.5. SWOT Analysis
11.5.6. Key Developments
11.6. ARJOHUNTLEIGH
11.6.1. Key Facts
11.6.2. Business Description
11.6.3. Products and Services
11.6.4. Financial Overview
11.6.5. SWOT Analysis
11.6.6. Key Developments
11.7. INVACARE CORPORATION
11.7.1. Key Facts
11.7.2. Business Description
11.7.3. Products and Services
11.7.4. Financial Overview
11.7.5. SWOT Analysis
11.7.6. Key Developments
11.8. HOPEFULL MEDICAL EQUIPMENT
11.8.1. Key Facts
11.8.2. Business Description
11.8.3. Products and Services
11.8.4. Financial Overview
11.8.5. SWOT Analysis
11.8.6. Key Developments
11.9. JOERNS HEALTHCARE
11.9.1. Key Facts
11.9.2. Business Description
11.9.3. Products and Services
11.9.4. Financial Overview
11.9.5. SWOT Analysis
11.9.6. Key Developments
11.10. PUKANG MEDICAL INSTRUMENTS
11.10.1. Key Facts
11.10.2. Business Description
11.10.3. Products and Services
11.10.4. Financial Overview
11.10.5. SWOT Analysis
11.10.6. Key Developments
12. APPENDIX
12.1. ABOUT THE INSIGHT PARTNERS
12.2. GLOSSARY OF TERMS
1. Hill-Rom
2. Stiegelmeyer
3. Stryker
4. Paramount Bed
5. Linet Group
6. ArjoHuntleigh
7. Invacare Corporation
8. Hopefull Medical Equipment
9. Joerns Healthcare
10. Pukang Medical instruments
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
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