Sellbyville, DE -- (SBWIRE) -- 11/14/2018 -- The Medical Bed Market set to exceed USD 4 billion by 2024; according to a new research report by Global Market Insights, Inc. Acute care beds accounted for largest market share in 2016 and is anticipated to witness robust growth over the forecast period. Increasing usage of acute care beds for treating elderly patient base suffering from life-threatening injuries along with multifunctional applications for curing illness, managing labour and protection against complications will accelerate its market share.

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U.S. will drive North America market in 2016 due to high demand from older patients suffering from entrapment and fall injuries along with favourable regulatory support in the country. Hospital Bed Safety Workgroup (HBSW) formed by government, federal agencies, patient advocacy groups & hospital bed representatives to ensure the safety and performance of medical beds for patients with risk of entrapment will propel industry expansion.

Company profiled in this report based on Business overview, Financial data, Product landscape, Strategic outlook & SWOT analysis:

- Medline Industries, Inc.
- Stryker
- Hill-Rom
- Invacare Corporation
- Getinge
- Midmark Corporation
- AMICO Group
- Linet spol. s r.o.
- BaKare Beds Limited
- GF Health Products, Inc.
- Hard Manufacturing Co., Inc.
- Merivaara Corp.
- Malvestio spa - Furniture for health care facilities
- Span-America
- Joh. Stiegelmeyer GmbH und Co. KG

Hospitals will be leading segment in 2016 and is projected to witness robust growth in the coming years owing to increasing patient visits and rising number of surgical procedures that occur in hospitals propelling demand for beds in the future. Home care settings will experience substantial growth over the forecast years due to cost-effective and convenience mode of care offered to patients at their homes reducing the need for hospitalization.

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Medical Bed Market by Product
o Acute Care Beds
o Long-term Care Beds
o Psychiatric Care Beds
o Bariatric Beds
o Others
Medical Bed Market by Bed Type
o Manual Beds
o Electric Beds
o Semi-electric Beds
Medical Bed Market by Application
o Intensive Care
o Non-intensive Care