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.
Strategic insights for the North America Electric Beds provides data-driven analysis of the industry landscape, including current trends, key players, and regional nuances. These insights offer actionable recommendations, enabling readers to differentiate themselves from competitors by identifying untapped segments or developing unique value propositions. Leveraging data analytics, these insights help industry players anticipate the market shifts, whether investors, manufacturers, or other stakeholders. A future-oriented perspective is essential, helping stakeholders anticipate market shifts and position themselves for long-term success in this dynamic region. Ultimately, effective strategic insights empower readers to make informed decisions that drive profitability and achieve their business objectives within the market.
Report Attribute | Details |
---|---|
Market size in 2019 | US$ 816.88 Million |
Market Size by 2027 | US$ 1,798.88 Million |
Global CAGR (2020 - 2027) | 9.8% |
Historical Data | 2017-2018 |
Forecast period | 2020-2027 |
Segments Covered |
By Product
|
Regions and Countries Covered | North America
|
Market leaders and key company profiles |
The geographic scope of the North America Electric Beds refers to the specific areas in which a business operates and competes. Understanding local distinctions, such as diverse consumer preferences (e.g., demand for specific plug types or battery backup durations), varying economic conditions, and regulatory environments, is crucial for tailoring strategies to specific markets. Businesses can expand their reach by identifying underserved areas or adapting their offerings to meet local demands. A clear market focus allows for more effective resource allocation, targeted marketing campaigns, and better positioning against local competitors, ultimately driving growth in those targeted areas.
The North America electric bed market is expected to reach US$ 1,798.88 million by 2027 from US$ 816.88 million in 2019. The market is estimated to grow at a CAGR of 9.8% from 2020 to 2027. The growth of the North America 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.
Based on product, the North America 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. However, the fully automatic electric beds segment is expected to register a higher CAGR in the market during the forecast period.
The North America electric bed market, based on application, 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, and the intensive care segment is estimated to register the highest CAGR in the market during the forecast period.
By end user, the North America 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.
Some of the primary and secondary sources associated with this report on the North Americaelectric bedsmarket are World Health Organization (WHO); Centers for Disease Control and Prevention (CDC);andCanadian Council for Public and Private Partnerships (CCPPP).
By Product
By Application
By End User
By Country
The North America Electric Beds Market is valued at US$ 816.88 Million in 2019, it is projected to reach US$ 1,798.88 Million by 2027.
As per our report North America Electric Beds Market, the market size is valued at US$ 816.88 Million in 2019, projecting it to reach US$ 1,798.88 Million by 2027. This translates to a CAGR of approximately 9.8% during the forecast period.
The North America Electric Beds Market report typically cover these key segments-
The historic period, base year, and forecast period can vary slightly depending on the specific market research report. However, for the North America Electric Beds Market report:
The North America Electric Beds Market is populated by several key players, each contributing to its growth and innovation. Some of the major players include:
The North America Electric Beds Market report is valuable for diverse stakeholders, including:
Essentially, anyone involved in or considering involvement in the North America Electric Beds Market value chain can benefit from the information contained in a comprehensive market report.