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Global Electric Bed Market Forecast to 2027 - COVID-19 Impact and Analysis


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According to this report the global electric bed market is expected to reach $4,597.60 million in 2027 from $2,111.59 million in 2019. The market is estimated to grow at a CAGR of 9.6% from 2020 to 2027.The growth of the 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 the healthcare industry. However, the steep prices of electric beds and reduction in average length of hospital stays are likely to hinder the market growth.
Based on product, the electric bed market is segmented into semi-automatic electric bed and fully automatic electric bed. The semi-automatic electric bed segment held a larger share of the market in 2019, while the fully automatic electric bed segment is expected to grow at a higher CAGR during the forecast period. The increasing number of p ....

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Electric Bed Market Global Trends, Market Share, Industry Size, Growth, Opportunities and Market Forecast 2020 to 2027


Electric Bed Market Global Trends, Market Share, Industry Size, Growth, Opportunities and Market Forecast 2020 to 2027
Published: Dec. 30, 2020 at 8:16 a.m. ET
The MarketWatch News Department was not involved in the creation of this content.
Dec 30, 2020 (Market Insight Reports)
The Global Electric Bed Market is estimated to value over USD 3.8 billion by 2027 end at a CAGR of over 6.6% during the forecast period 2020 to 2027.
The research report titled Electric Bed offers comprehensive information on key driving factors, pricing analysis, market growth trends, brand positioning, competitive landscape, product usage and consumer psyche. This report provides an extensive analysis on market segmentation, strategies for prominent players and market overview. The market overview consists of important parameters extracted from different government bodies, industry and trade associations, information brokers, key companies and other such organizations. The insig ....

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