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Pulished Date April, 2021
ID: 11400
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APAC Hospital Beds Market Size, Share, Trends & Growth Analysis Report – Segmented By Usage, Power, End-Users and Country (India, China, Japan, South Korea, Australia, New Zealand, Thailand, Malaysia, Vietnam, Philippines, Indonesia, Singapore and Rest of APAC) – Industry Forecast (2021 to 2026)

Pulished: April, 2021
ID: 11400
Pages: 100

APAC Hospital Beds Market Size (2021 to 2026)

As per our research report, the APAC hospital beds market size was worth USD 2.14 billion in 2021 and is predicted to be growing at a CAGR of 8.01% between 2021 to 2026.

The Asia-Pacific hospital beds market is majorly driven by the factors such as a surge in the prevalence of chronic diseases, the proliferation of the aging population, and developments in the healthcare infrastructure. Growing usage of beds for various treatments such as critical care, long-term beds, and acute care is another significant factor hiking the growth rate of the market. On the other hand, an increase in diabetic patients in emerging countries such as India and China demands more treatment procedures. Over the years, cardiovascular diseases, skin, and other conditions have grown significantly, which is further expected to propel the market growth.

Additionally, factors such as rising investments by private and government organizations to improve the organizational infrastructure, the rising number of hospital beds in private hospitals in the countries such as India and China, and technological advancements in ICU beds are further projected to promote the growth rate of the hospital beds market in this region. Increasing patient care is more likely to accelerate market growth in the coming years. Moreover, the COVID-19 pandemic has rapidly augmented the hospital beds market's growth in Asian countries in recent times. After the pandemic effect, the market players are provided with large opportunities in terms of revenue. 

However, in India, the declining number of beds in public hospitals is expected to impede market growth. High costs associated with the hospital beds, lack investments, and budget constraints from the governments in the underdeveloped countries further diminish the demand of the Asia-Pacific hospital beds market.

Impact of COVID-19 on APAC hospital beds market:

Since the pandemic's arrival, drastic changes have taken place in the APAC region. While the different sectors are in the critical stage, the hospital industry has been positively impacted by the recent novel coronavirus. 

COVID-19 was first identified in China, Wuhan. The virus has been spread to the globe, including the APAC region. The Asian countries have also implemented the lockdown and ban on transportation. The surge in the cases has required hospital beds and isolation ward beds due to the prohibition on transportation and flights, and the supply chain had been disrupted during the first quarter of 2020. However, after the uplift of lockdown, the supply chain has been resumed. As the acceleration in the COVID-19 positive case has required the number of hospital beds, hence the demand for the hospital beds has rapidly increased. Hospital bed manufacturers have produced many beds and supplied them to the hospital and patients based on the requirements. Moreover, the demand for home care trends has been increased in the recent period, which is expected to increase the market growth. 

This research report on the APAC hospital beds market has been segmented and sub-segmented into the following categories.

By Usage:

  • Acute care beds
  • Long term care beds
  • Psychiatric care beds
  • Others (maternity, etc.)

By Power:

  • Electric Bed
  • Semi-Electric Bed
  • Manual Bed

By End-User:

  • Hospitals
  • Clinics
  • Ambulatory services
  • Others

By Country:

  • India
  • China
  • Japan
  • South Korea
  • Australia
  • New Zealand
  • Thailand
  • Malaysia
  • Vietnam
  • Philippines
  • Indonesia
  • Singapore
  • Rest of APAC

Geographically, the APAC hospital beds market is predicted to be the most dominating region in the global market by the end of the forecast period. The rising number of contract manufacturing organizations and an increasing number of private hospitals are major factors driving the market growth in this region.

The Chinese market is forecasted to account for the largest share in this regional market during the forecast period. Y-O-Y growth in the population, growing prevalence of chronic diseases, and key market participants' availability drive the market. 

The Indian market is considered the most lucrative regional market in the Asia-Pacific during the forecast period. The Indian government has taken initiatives to improve the better hospital facilities, and growing government investments and funding are expected to accelerate India's market.

The Japanese market is expected to register a healthy growth rate during the forecast period and account for a substantial share in this regional market by the end of the forecast period.

KEY MARKET PARTICIPANTS:

Some of the notable companies dominating the APAC hospital beds market profiled in this report are Invacare Corporation, Paramount Bed Holdings Co. Ltd., Gendron Inc., Medline Industries Inc., LINET spol. S r.o., Savaria Corporation, Savion Industries, Hill-Rom Holdings Inc., Stryker Corporation, and Getinge Group.

  1. Introduction
    1. Market Definition
    2. Study Deliverables
    3. Base Currency, Base Year and Forecast Periods
    4. General Study Assumptions
  2. Research Methodology
    1. Introduction
    2. Research Phases
        1. Secondary Research
        2. Primary Research
        3. Econometric Modelling
        4. Expert Validation
    3. Analysis Design
    4. Study Timeline
  3. Overview
    1. Executive Summary
    2. Key Inferences
    3. New Developments
  4. Drivers, Restraints, Opportunities, and Challenges Analysis (DROC)
    1. Market Drivers
    2. Market Restraints
    3. Key Challenges
    4. Current Opportunities in the Market
  5. Market Segmentation
    1.  By Usage
      1. Acute care beds
      2. Long term care beds
      3. Psychiatric care beds
      4. Others (maternity, etc.)
      5. Y-o-Y Growth Analysis, By Usage
      6. Market Attractiveness Analysis, By Usage
      7. Market Share Analysis, By Usage
    2. By Power
      1. Electric Bed
      2. Semi-Electric Bed
      3. Manual Bed
      4. Y-o-Y Growth Analysis, By Power
      5. Market Attractiveness Analysis, By Power
      6. Market Share Analysis, By Power
    3. By End-User
      1. Hospitals
      2. Clinics
      3. Ambulatory services
      4. Others
      5. Y-o-Y Growth Analysis, By End-User
      6. Market Attractiveness Analysis, By End-User
      7. Market Share Analysis, By End-Use
  6. Geographical Analysis
    1. Introduction    
      1. Regional Trends   
      2. Impact Analysis    
      3. Y-o-Y Growth Analysis        
        1. By Geographical Area
        2. By Component
        3. By Delivery
        4. By End-User
      4. Market Attractiveness Analysis      
        1. By Geographical Area
        2. By Component
        3. By Delivery
        4. By End-User
      5.      Market Share Analysis   
        1. By Geographical Area
        2. By Component
        3. By Delivery
        4. By End-User
    2. Asia-Pacific
      1. Introduction
      2. India
      3. China
      4. Japan
      5. South Korea
      6. Australia
  7. Strategic Analysis
    1. PESTLE analysis
      1. Political
      2. Economic
      3. Social
      4. Technological
      5. Legal
      6. Environmental
    2. Porter’s Five analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Consumers
      3. Threat of New Entrants
      4. Threat of Substitute Components and Services
      5. Competitive Rivalry within the Industry
  8. Market Leaders' Analysis
    1. Invacare Corporation
      1. Overview
      2. Component Analysis
      3. Strategic Evaluation and Operations
      4. Financial analysis
      5. Legal issues
      6. Recent Developments
      7. SWOT analysis
      8. Analyst View
    2. Paramount Bed Holdings Co. Ltd.
    3. Gendron Inc.
    4. Medline Industries Inc.
    5. LINET spol. S r.o.
    6. Savaria Corporation
    7. Savion Industries
    8. Hill-Rom Holdings Inc.
    9. Stryker Corporation
    10.  Getinge Group
  9. Competitive Landscape
    1. Market share analysis
    2. Merger and Acquisition Analysis
    3. Agreements, Collaborations and Joint Ventures
    4. New Component Launches
  10. Market Outlook and Investment Opportunities
  11. Appendix
    1. List of Tables
    2. List of Figures  
  • Regional and country-level analysis and forecasts of the study market; providing Insights on the major countries/regions in which this industry is blooming and to also identify the regions that are still untapped.
  • The segment-level analysis in terms of technology, component, and type along with market size forecasts and estimations to detect key areas of industry growth in detail.
  • Identification of key drivers, restraints, opportunities, and challenges (DROC) in the market and their impact on shifting market dynamics.
  • Study of the effect of exogenous and endogenous factors that affect the global market; which includes broadly demographics, economics, and political, among other macro-environmental factors presented in an extensive PESTLE Analysis.
  • Study the microenvironment factors that determine the overall profitability of an Industry, using Porter’s five forces analysis for analyzing the level of competition and business strategy development.
  • A comprehensive list of key market players along with with their product portfolio, current strategic interests, key financial information, legal issues, SWOT analysis, and analyst overview to study and sustain the market environment.
  • Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies, and recent developments in the market by the major companies.
  • An executive summary, abridging the entire report in such a way that decision-making personnel can rapidly become acquainted with background information, concise analysis, and main conclusions.
  • Expertly devised analyst overview along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market.
  1. Asia Pacific Medical/Hospitals Beds Market, By Usage, From 2021 to 2026 (USD Million)
  2. Asia Pacific Acute Care Beds Market, By Region, From 2021 to 2026 (USD Million)
  3. Asia Pacific Long Term Care Beds Market, By Region, From 2021 to 2026 (USD Million)
  4. Asia Pacific Psychiatric Care Beds Market, By Region, From 2021 to 2026 (USD Million)
  5. Asia Pacific Others(maternity, etc) Market, By Region, From 2021 to 2026 (USD Million)
  6. Asia Pacific Medical/Hospitals Beds Market, By Power, From 2021 to 2026 (USD Million)
  7. Asia Pacific Electric Bed Market, By Region, From 2021 to 2026 (USD Million)
  8. Asia Pacific Semi-Electric Bed Market, By Region, From 2021 to 2026 (USD Million)
  9. Asia Pacific Manual Bed Market, By Region, From 2021 to 2026 (USD Million)
  10. Asia Pacific Medical/Hospitals Beds Market, By End-User, From 2021 to 2026 (USD Million)
  11. Asia Pacific Hospitals Market, By Region, From 2021 to 2026 (USD Million)
  12. Asia Pacific Clinics Market, By Region, From 2021 to 2026 (USD Million)
  13. Asia Pacific Ambulatory Services Market, By Region, From 2021 to 2026 (USD Million)
  14. Asia Pacific Others Market, By Region, From 2021 to 2026 (USD Million)
  15. Japan Medical/Hospitals Beds Market, By Usage, From 2021 to 2026 (USD Million)
  16. Japan Medical/Hospitals Beds Market, By Power, From 2021 to 2026 (USD Million)
  17. Japan Medical/Hospitals Beds Market, By End-User, From 2021 to 2026 (USD Million)
  18. China Medical/Hospitals Beds Market, By Usage, From 2021 to 2026 (USD Million)
  19. China Medical/Hospitals Beds Market, By Power, From 2021 to 2026 (USD Million)
  20. China Medical/Hospitals Beds Market, By End-User, From 2021 to 2026 (USD Million)
  21. India Medical/Hospitals Beds Market, By Usage, From 2021 to 2026 (USD Million)
  22. India Medical/Hospitals Beds Market, By Power, From 2021 to 2026 (USD Million)
  23. India Medical/Hospitals Beds Market, By End-User, From 2021 to 2026 (USD Million)
  24. Australia Medical/Hospitals Beds Market, By Usage, From 2021 to 2026 (USD Million)
  25. Australia Medical/Hospitals Beds Market, By Power, From 2021 to 2026 (USD Million)
  26. Australia Medical/Hospitals Beds Market, By End-User, From 2021 to 2026 (USD Million)
  27. South Korea Medical/Hospitals Beds Market, By Usage, From 2021 to 2026 (USD Million)
  28. South Korea Medical/Hospitals Beds Market, By Power, From 2021 to 2026 (USD Million)
  29. South Korea Medical/Hospitals Beds Market, By End-User, From 2021 to 2026 (USD Million)

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