Pune, India -- (SBWire) -- 03/20/2020 --Medical Bed Market is expected to rise from its initial estimated value of USD 2.73 billion to an estimated value of USD 4.28 billion by 2026, registering a CAGR of 5.75% in the forecast period of 2019-2026. This rise in market value can be attributed due to technological advancement related to ICU beds.

The Medical Bed report forecasts the innovative applications of Medical Bed market on the basis of these estimations. This market research analysis report starts with a basic introduction of the 2019 market segmentation, future scenario, ABC industry growth rate, and industrial opportunities to 2026. Company profile comprises parameters such as company synopsis, commercial synopsis, work strategy and planning, SWOT analysis and present developments. The report gives out an outlook of the business chain structure and explains the industry environment, then analyzes the market size and forecast by product, region and market application.

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Few of the major competitors currently working in the medical bed market are Stryker, Invacare Corporation, Hill-Rom Holding, Inc., Amico Corporation, Getinge Group, Antano Group, Medical Depot, Inc., Merivaara Corp., Stiegelmeyer GmbH & Co. KG, GF Health Products, Inc., and LINET among others.

Key Developments in the Market:

- In October 2018, Benmor Medical announced the launch of their Aurum+ Bariatric Bed with the stowable safety rails and highest BS- compliances. They are designed to provide safety to the user and will provide comfort, safety and rehabilitation. It is powered by strong electric actuators and can support patient up to 440kg.
- In November 2017, Hil Hill-Rom Holdings launched new Hill-Rom Envella Air Fluidized Therapy Bed to provide care to the patients who are suffering from the advanced wounds. They are easy to use, comfortable and have features like advanced pressure distribution based on weight and integrated scale, increased depth of bead and adjustable air flow to make air fluidized treatment more secure.

Competitive Analysis:

Global medical bed market market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of medical bed market for global, Europe, North America, Asia-Pacific, South America and Middle East & Africa.

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Segmentation: Global Medical Bed Market

By Type

- Manual
- Semi- Electric
- Full Electric
- Specialty Hospital Bed
By Usage
- Acute Care
- Long Term Care
- Psychiatric Care
- Maternity
By Application
- Intensive Care
- Non Intensive
By Type
- Electric Beds
- Semi Electric Bed
- Manual Bed
By End- User
- Hospital
- Home Care
- Elderly Care
By Geography
- North America
- South America
- Europe
- Asia-Pacific
- Middle East & Africa

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