The market for Therapeutic Beds is expected to reach USD XX million Bn in 2022.
Therapeutic beds are a consistently growing market due to the overall growth in chronic disease prevalence and the geriatric patient population. Therapeutic beds are basically used in hospitals, clinics, and home care. The ease of use of novel equipment has led to the introduction of therapeutic beds and mattresses into the retail sector. Major drivers of the therapeutic beds market are the advent of innovative treatments that demand changes in the hospital infrastructure, the rise in the high-risk geriatric population, and the prevalence of chronic diseases.
Growing preference for home care and assisted living has also allowed for growth in demand for therapeutic beds. The introduction of innovative features such as lightweight, automation, adjustable height, side railing, and others have further added to the demand for therapeutic beds through upgrading existing products. Some of the restraining factors in this market are the high prices of new products. This market is highly competitive, with several local players manufacturing base-line products. Hospitals are still the major market segment for therapeutic beds. However, growing awareness among the patient population, particularly the geriatric and disabled groups, will serve as potential opportunities in this market.
Product Type
End-Users
Geography
Invacare Corporation, Stryker Corporation, Hill Rom, Inc., Grant Airmass Corporation, Casco Solutions, BaKare Beds Ltd., and several others.
The market for Therapeutic Beds is expected to reach USD XX million Bn in 2022.
The Therapeutic Beds market is expected to see significant CAGR growth over the coming years, at XX%.
The report is forecasted to 2022
The base year of this report is 2021.
Invacare Corporation, Stryker Corporation, Hill Rom, Inc., Grant Airmass Corporation, Casco Solutions, BaKare Beds Ltd. are some of the major players in the global market.