Rising Number of Geriatric Population seeking Advanced Medical Assistance will Augment Growth of Smart Hospital Beds Market

Hospitals beds are utilized for appropriate patient care in different settings, like old care offices, home care settings, ambulatory surgical focuses, and hospitals. Hospital beds are more comfortable than family beds as they are more adaptable as far as tendency and leaned back according to the patient’s condition. Besides, hospital beds can be effectively cleaned and are easy to keep up with cleanliness. Major improvements in hospital beds and advent of technology in medical sector to improve patient experience have prompted the need for smart hospital beds. They may be electric beds or semi-electric beds and are cutting off the need to hire additional aid in the form of nurses for medical assistance and attendants for observing and taking care of patients in hospitals. These are known as electrical/controlled hospital beds or simply smart beds. They are appropriate for the patient’s prerequisite of a specific resting position. A key factor boosting the growth of the smart hospital beds is the advent and rapid adoption of latest technology in medical science.

An increment in the number of patients seeking comfort for the treatment of various medical problems is likely to function as the vital driver for the extension of the worldwide smart hospital beds market. Smart beds can be very useful especially for the geriatric population wherein they need constant care. More often, aged people are required to be under long term surveillance so as to ensure they are taken care of at the times of diseases such as joint pain, Alzheimer’s disease, respiratory, kidney, or heart issues. The use of smart beds in hospitals for such patients will not only reduce the burden of affording additional nurse at medical setups but will also serve as a reliable source of trust.

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The continuous COVID-19 pandemic emphatically affects the smart hospital bed industry drawing attractive revenues from all corners of the world. The developing number of COVID-19 patients overall is the significant explanation for the expanded interest in smart beds. Besides this, organizations are supporting and providing new upgrades in hospital beds to satisfy needs around the world. For example, in April 2020, Stryker Corporation delivered emergency help beds to address the issue of beds in hospitals during the COVID-19 pandemic.

Advent of Latest Innovations and Better Comfort in Hospital Beds will improve overall Medical Scenario in terms of Revenue

Smart hospital beds can be utilized over numerous applications today, for example, psychiatry, pediatric, outpatient, bariatric, maternity, terminal patient, ambulatory, and intensive care unit beds. They function as per the needs of the patient and this is possible with the help of the Internet of Things (IoT). Moreover, smart hospital beds used especially for expecting mothers are uncommonly intended for obstetricians and hopeful moms for their comfort. Electric and semi-electric smart hospital beds are exceptional with additional features such as footrest, headway system, and wheel-supported versatility system. Nonetheless, electronic smart hospital beds are more costly than manual beds, need steady upkeep and maintenance, which can in turn serve as a challenging factor for the growth of the global smart hospital beds market in developing nations wherein middle or low income populace will find it difficult to afford such comfort and luxury for medical purposes.

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Some of the key players of the global hospital bed market include AKFA Holdings, Wanma Electron Medical Co. Ltd., Narang Medical Ltd, Getinge Group, LINET spol. s r.o, Stryker Corporation, Paramount Bed Co., Ltd., Invacare Corporation, TENTE International, Hill-Rom Holdings Inc., Eldon Enterprises Inc., and a few others. The nature of this market competition is consolidated on account of the dominance of a handful of players. The presence of some grounded organizations makes the opposition level in the worldwide market for hospital beds very extreme. Players are centered on reinforcing their creative capacities to take care of the expanding request from numerous enormous healthcare associations across the globe.

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