Wednesday, 17 January 2018

Biosensors Market share to reach $29bn by 2024

The commercialization scale of Biosensors Market has been commendable since the development of the first oxygen biosensor by Lel and Clark back in 1962. The remarkable penetration of this industry has been witnessed profoundly in the medical space. With the advent of tissue engineering, nanotechnology, and regenerative medicine, the application portfolio of the biosensors industry has expanded by multiple folds in the medical sector. In 2015, the medical applications contributed to approximately 66% of the overall biosensors market, holding a valuation of USD 9.8 billion.

The growth is driven by the wide spectrum of biosensor applications in this sector comprising cholesterol monitoring, blood gas analyzer, blood glucose monitoring, drug discovery, and pregnancy testing. Among these, blood glucose monitoring held the largest share of the medical application landscape, driven by the increasing diabetic patient base globally. As per International Diabetes Federation statistics, the diabetic population is estimated to reach 552 million in 2030 which is a rather drastic increase from 366 million in 2011. As per the estimates, blood glucose monitoring segment of the medical biosensors industry is projected to surpass USD 15 billion by 2024.

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With the growing popularity of portable, affordable, and user-friendly devices, biosensors market is witnessing a plethora of opportunities in the point of care (PoC) testing sector. As per the estimates, the PoC testing led the end-use landscape, having accounted for 47% of the overall industry share in 2015. The trend is likely to continue over the years ahead with the PoC testing segment contributing to a major chunk of the overall biosensors market space. Home healthcare segment is estimated to rank second in the end-use landscape of biosensors industry with an estimated CAGR of 8.5% over 2016-2024.

Being at the forefront pertaining to technological advancements, U.S. biosensors industry is projected to lead the global landscape over 2016-2024. The region accounted for 81% of the regional share in 2015. Besides technological developments, increasing prevalence of chronic ailments coupled with the heavy R&D investments and favorable regulatory scenario are the other pivotal factors driving the regional biosensors industry share.

Browse key industry insights spread across 85 pages with 106 market data tables & 16 figures & charts from this 2017 report Biosensors Market in detail along with the table of contents at:


Asia Pacific will also profoundly influence the global biosensors industry scenario on account of the region witnessing swift economic developments as well as robust advancements in the overall healthcare infrastructure. Estimates claim the APAC biosensors market to register a CAGR of 11% over the period of 2016-2024.
In terms of technology, Electrochemical biosensors led the industry having held 71% of the overall revenue in 2015. The segment is forecast to surpass a revenue of USD 21 billion by 2024. Optical biosensors are also projected to make substantial contributions with a target CAGR of 8.7% over the period of 2016-2024.
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The government initiatives are certain to play a significant role in the overall expansion of the biosensors market. The recent developments in the field of proteomics and genomics are likely to offer a huge set of opportunities to the overall industry. The technological intervention in this space is also providing a significant impetus to the biosensors market. Major IT companies such as IBM, TCS, and Infosys are heavily investing in this space to explore the untapped prospects. Some of the major biosensors industry players are Abbott Laboratories, Bayer Healthcare, Ercon Inc., EG & G IC Sensors, Strategic Diagnostics, Lifescan, Inc. Johnson & Johnson, and Sysmex Corporation. Pricing is one of the major parameters defining the hierarchy of these participants on the competitive scale. The industry is characterized by heavy R&D investments for the development of highly-efficient and compact biosensors, which are in sync with the robust technology advancements in this space.
Biosensors market has also established a remarkable footprint in the agriculture sector. As per the estimates, agriculture applications are estimated to record the highest growth rate of 11% over 2016-2024. Analyzing the current scenario and the fast-paced penetration of biosensors across myriad sectors, this industry is certain to witness a phenomenal growth trajectory over the years to come. Global Market Insights, Inc. forecasts the biosensors market to surpass a revenue of USD 29 billion by 2024.

Biotechnology Market Size By Technology (Fermentation, Tissue Engineering and Regeneration, PCR Technology, Nanobiotechnology, Chromatograpgy, DNA Sequencing, Cell Based Assay), By Application (Biopharmacy, Bioservices, Bioagriculture, Bioindustrial), Industry Analysis Report, Regional Outlook (U.S., Canada, Germany, UK, France, Italy, China, India, Japan, South Korea, Brazil, Saudi Arabia), Growth Potential, Price Trends, Competitive Market Share & Forecast, 2016 – 2024


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Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

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Tuesday, 16 January 2018

Air Duct Market 2017: Revenue, Opportunity, Application

Air Duct is a specialized HVAC system extensively used as energy intensive equipment in various infrastructures. These are conduits or passages utilized in HVAC to enhance efficient ventilation and distribution of air.
Air Duct Market is projected to observe notable demand owing to growing consumer awareness associated with energy conservation. Enhanced thermal barrier from outdoor ambience along with effective indoor temperature control of the building are among key factors driving industry growth. Rising demand for HVAC equipment accompanied by growth in residential & commercial constructions will propel the product demand.
 Increasing consumer expenditure on green building constructions to deliver effective ventilation will propel Air Duct market growth. Moreover, superior properties including high performance, improved efficiency, health & financial benefits along with reduced impact on surroundings will significantly drive industry share. As a result, government agencies and professional builders are gradually adopting advanced HVAC equipment to optimize energy consumption. Considerable efficiency levels in product operation as well as in production process will support the product demand. High potential to save more than twelve folds of energy needed in manufacturing will provide a positive outlook for product penetration.
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 Increasing preference for eco-friendly systems by construction firms to ensure building codes & standards with existing distribution network will fuel industry demand. Stringent regulations for energy conservation particularly in construction industry will support the product demand, Additional, implementation of various accreditations including Leadership in Energy and Environmental Design (LEED) certification and Energy Star designation is expected to propel Air Duct market size.
 Air Duct is a specialized HVAC system extensively used as energy intensive equipment in various infrastructures. These are conduits or passages utilized in HVAC to enhance efficient ventilation and distribution of air. Supply, return and exhaust channels are required constituents in HVAC systems that flow through these channeling components. Growing product recognition as a suitable technique to ensure acceptable IAQ levels as well as thermal comfort will drive Air Duct market size.
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On the basis of material, Air Duct market is segregated into sheet metal, flexible nonmetallic and fiberglass boards. Among these, sheet metal is projected to gain largest industry share owing to growing recognition for high leakage standards and lower noise levels. Moreover, steel metal is extremely durable, rigid, posse low foldability and are least expected to witness any mold or biological growth due to its non-porosity.
Asia Pacific is expected to hold largest Air Duct market share over the forecast timeframe due to rapid expansion of real estate and construction sectors. Favorable government policies including China’s National Home Appliance Replacement Program is expected to benefit business development. Furthermore, rising urban population coupled with rapid urbanization in several emerging economies including India, Indonesia, Malaysia and Japan will positively impact industry demand.
North America Air Duct market will witness notable gains in forecast period. Increasing construction of residential and commercial buildings along with growth in public infrastructure spending will propel the industry demand. Inclination towards energy conservation coupled with regulatory support for green buildings will support product demand.
 Global Air Duct market share is highly diversified and competitive owing to large presence of local and international industry participants. Key industry players include Lindab, CMS Global, Ductmann Spiral Tube & Fittings, Imperial Manufacturing and ALAN Manufacturing. Other prominent players are Naudens, SheetMetal Fabricated Products, ZEN Industries and Texas Duct Systems.
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These companies are gradually focusing on innovations that have advanced quality to meet customer’s expectations comprising reliability, high performance and timely delivery. Moreover, high capital investments in manufacturing advanced channeling design and machineries poses a key challenge for industry entrants.
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Monday, 15 January 2018

Medical Bed Market share to hit $4 bn by 2024

The rising number of investments in healthcare facilities across the globe is likely to massively impel medical bed market. In order to provide advanced medical care to the patients, many regional and state governments are investing heavily in healthcare infrastructure development. For instance, the Australian state government has provided a funding of USD 470 million to construct a 195-bed Victorian Heart Hospital, which could be one of world’s leading healthcare facility centers for researchers and patients. Furthermore, the Medical University of South Carolina (MUSC) has approved the construction of a new 128-bed hospital project worth USD 325 million in the tri-county region.

Through this development, the government plans to fulfill the increasing healthcare demands by providing high quality and consistent care to patients, thereby enhancing medical bed market share. Essentially, the significant involvement of private and government organizations in healthcare infrastructure development and capacity expansion will heavily augment medical bed industry share. Speaking of one more rather pivotal instance, the renowned healthcare service provider, Trident Health, currently is involved in six ongoing expansion projects. In fact, it has invested USD 75 million in the Summerville Medical Center and Trident Medical Center to expand its medical care facilities further. The aforementioned instances vividly demonstrate that the ongoing healthcare infrastructure expansion projects will stimulate medical bed market trends over the years ahead.

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Apart from facility expansions, many of the giants in medical bed industry have been involving themselves in strategic mergers and acquisitions to capture more business space. For instance, Rowsley has recently signed a deal to acquire the Singapore based healthcare service provider, Thomson Medical for S$1.6 bn. Furthermore, it will also buy 70.36% shares in the Malaysian firm TMC Life Sciences. TMC Life Sciences apparently plans to establish the Tropicana Medical Center across Kota Damansara with three times more beds than its current capacity. In addition to this, TMCLS is looking forward to developing Thomson Iskandar Medical Hub comprising a 500-bed tertiary hospital in Johor Bahru. The precedence demonstrates the growing requirement of healthcare services along with changing demographics across South-East Asian region that would suitably boost medical bed market outlook.

Browse key industry insights spread across 150 pages with 122 market data tables & 14 figures & charts from this 2017 report Medical Bed Market in detail along with the table of contents at:


The increasing investment in infrastructure development in sync with the rising demand for medical beds across several states of America, in turn, is shedding a positive light on the regional medical bed industry share. For instance, the Ohio State University based in Columbus is planning to build new ambulatory center and hospital tower at Wexner Medical Center with an investment of more than USD 2 billion. The proposed new hospital tower will comprise of 840 beds with critical care units, emergency service units, and diagnosis & treatment service areas. Depending on the board’s approval, the hospital is expected to commence its operations by 2025, and contribute considerably toward the regional medical bed market development. Further on, the homeless shelter across the Eastern region of Iowa has also been demanding beds on a large scale, owing to the surging prevalence of chronic mental health problems in the region. The rising number of hospital admissions for effective diagnosis of chronic diseases including diabetes, respiratory disorders, cardiovascular diseases, and cancer is slated to propel medical bed industry size over the coming years.

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Many of the developed and emerging economies have been taking initiatives to establish advanced healthcare facilities to provide most effective, economic, and safe care service to patients, which would contribute toward driving the revenue scale of medical bed market. For instance, recently, the health department of the Vietnam government unveiled the construction of a 550-bed general hospital across Sơn La province. Furthermore, three new city hospitals have been constructed across Qatar, deploying around 500 hospital beds. Given the ongoing trends of healthcare infrastructure development, it has been estimated that the overall medical bed market size will be pegged at USD 4 billion by the end of 2024.

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Patient Handling Equipment Market Size By Product (Wheelchairs and Scooters, Medical Beds, Bathroom Safety Supplies, Mechanical and Transfer Equipment, Ambulatory Aids, Others), By Application (Acute and Critical Care, Long Term Care, Mobility Assistance, Fall Prevention, and Others), By End-Use (Hospitals, Home Care Settings, Elderly Care Facilities, and Others) Industry Analysis Report, Regional Outlook (U.S., Canada, Germany, UK, France, Italy, Spain, Russia, Poland, China, India, Japan, Malaysia, Thailand, Australia, Brazil, Mexico, Argentina, South Africa, Saudi Arabia, UAE, Egypt), Application Potential, Price Trends, Competitive Market Share & Forecast, 2017 – 2024


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Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

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Plastic Fencing Market: Future Demand, Market Analysis & Outlook to 2017 – 2024

Plastic Fencing Market: Changing lifestyles and rapid urbanization remains key factors supporting the industry demand. Increasing preference towards private buildings due to shifting trend towards nuclear families will positively influence product demand. Growth in renovation and remodelling projects coupled with increasing government investments in public infrastructure will propel business growth.
Increasing construction spending in residential as well as commercial infrastructure will propel Plastic Fencing  market size. As per analysis, global residential construction spending is expected to surpass USD 4.5 Trillion by 2024. Rising need for security particularly for residential buildings due to increasing crime rate will drive industry growth.

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Shifting consumer preference towards sustainable and eco-friendly products will drive Plastic Fencing  market growth. High durability, minimal maintenance, improved safety along with cost efficiency are among key properties fuelling product penetration. Technological advancements and product innovations including composite materials has enhanced industry demand.

 Vinyl is expected to witness growth over 6% up to 2024. Increasing consumer awareness regarding benefits of vinyl over other fence material including high strength, resistance against harsh climatic conditions along with cost efficiency has enhanced product demand. Growth in new construction projects along with residential renovations will propel industry size. Increasing government investments in public infrastructure to provide security and safety will further drive Plastic Fencing  market share.
 Superior resistance from corrosion, pests and decay along with excellent weather stability properties will stimulate industry growth. Maintenance free properties in extreme climatic conditions accompanied by enhanced protection from rotting as compared to wood will drive Plastic Fencing demand. However, larger consumer base for metal and wood fence due to its traditional and classic look representing urban lifestyles may restrain the industry growth.
 Browse key industry insights spread across 350 pages with 323 market data tables & 12 figures & charts from the report, “Global Plastic Fencing  Market Size By Material (Polyethylene/ HDPE, Plastic Composites, Vinyl), By Product (Picket Fence, Post & Rail Fence, Chain Link Fence, Gates), By Application (Privacy, Temporary, Boundary, Pool), By End-Use (Residential, Agriculture, Commercial & Industrial), Regional Outlook (U.S., Canada, Germany, UK, France, Italy, Spain, Russia, Netherlands, Poland, China, India, Japan, South Korea, Australia, Indonesia, Vietnam, Brazil, Mexico, Argentina, Colombia, Saudi Arabia, UAE, South Africa), Growth Potential, Price Trend, Competitive Market Share & Forecast, 2017 – 2024” in detail along with the table of contents:
 Picket fence accounted for more than 45% of global Plastic Fencing market in 2016. Shifting trend towards backyard décor enhancement due to changing lifestyles will fuel picket Plastic Fencing demand. Efficient safeguard for children and pets without obstructing views are among key factors driving product demand. Rising demand for garden spaces in both residential and commercial buildings has stimulated product penetration.
 Temporary fencing is anticipated to depict CAGR over 5.5% up to 2024. Rising demand for temporary barriers in construction and industrial projects will support industry demand. Strong outlook in military facilities, airfields, wildlife parks, aquatic centres and industrial plants has enhanced product penetration. Heavy R&D investments and product innovations including reflective temporary barriers will propel Plastic Fencing market size.
 Agriculture sector in Plastic Fencing market is expected to generate more than 100 million linear feet by 2024. Enhanced safety & protection of farms and livestock are among key factors driving the industry growth. Increasing product usage in agri-horticulture farms, aqua farms, and animal research stations will support product demand. Inclination towards vinyl and HDPE fence material due to its superior properties over conventional metal and wood material will fuel business growth.
Asia Pacific Plastic Fencing market was worth over USD 600 Million in 2016. Increasing consumer spending on safety products along with overall growth in income levels will propel industry demand. Favourable socio-economic factors along with abundant availability of raw material has stimulated the regional demand.
 Tenax Corporation, CertainTeed, Durafence, Pexco, Vega, Associated Materials and Wetherables are among major industry players in Plastic Fencing market. Global industry share is highly fragmented owing to presence of large number of local as well as international participants. Moreover, growing competition between new entrants and existing players has enhanced product innovations and portfolio expansion.
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On the basis of geography, Asia Pacific, led by China and India, is likely to hold a significant share in the global Plastic Fencing market in past years and is likely to expand it by 2024 at the fastest rate. Europe and North America will have a collective market size of over USD 10 billion by 2024 accounting for around a quarter of the overall monoethylene market. 

About Global Market Insights, Inc.
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

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Tuesday, 9 January 2018

Diagnostic Ultrasound Market share to see 3% growth from 2017 to 2024

The research report “Diagnostic Ultrasound Market Size By Technology (2D, 3D and 4D, Doppler), By Portability (Trolley, Compact/Handheld), By Application (General Imaging, Cardiology, Obstetrics / Gynecology, Others), By End use (Hospitals, Maternity Centers, Others), Industry Analysis Report, Regional Outlook (U.S., Canada, Germany, UK, France, Italy, Spain, China, India, Japan, South Korea, Brazil, Mexico, South Africa, Saudi Arabia), Application Potential, Price Trends, Competitive Market Share & Forecast, 2017 - 2024” by Global Market Insights, Inc. says, the overall diagnostic ultrasound market stood at an impressive USD 5 billion in 2016.

Regarded as one of the most enterprising niche verticals of the healthcare and medical devices industry, diagnostic ultrasound market has garnered tremendous notability over the recent years, owing to a number of factors such as the rising geriatric population prone to orthopedic and chronic ailments, swift pace of technological advancements in medical imaging devices, and the growing inclination toward multiuse, versatile, and portable ultrasound systems.

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Furthermore, the ultrasound systems have increasingly found wide-ranging and crucial applications across various medical domains in detecting musculoskeletal and abdominal disorders, lowering maternal and fetal mortality, and in the treatment of cardiovascular diseases. Apparently, the aforementioned factors are bound to assist the global diagnostic ultrasound industry to attain mass prominence over the estimated timeframe.

While interpreting the growth potential of diagnostic ultrasound industry in the forthcoming years, it would be prudent to take note of the extensive efforts being undertaken by prominent industry giants that have accentuated the pace of advancement in prevailing technologies and have swamped the diagnostic ultrasound industry with more viable and convenient products.

Browse key industry insights spread across 120 pages with 106 market data tables & 14 figures & charts from this 2017 report Diagnostic Ultrasound Market in detail along with the table of contents at:


Following is an overview of some noteworthy product launches by leading diagnostic ultrasound market giants:

One of the most notable manufacturers of diagnostic ultrasound systems, Samsung Medison has recently unveiled RS85, the latest ultrasonic machine equipped with enhanced functions that primarily aims to cater large medical institutions. RS85 comes with progressive functions such as MV-Flow that aids in identifying lesions by displaying the blood flow in microvascular tissues, something which traditional Doppler ultrasound technique could not achieve. The machine also has S-Shearwave Imaging that utilizes transverse elasticity to gauge the elasticity of human tissues, eventually enhancing the accuracy of tumor diagnosis.

Hitachi Medical Systems Europe, a subsidiary of Hitachi Medical Corporation, has recently introduced its latest 2D/4D cardiovascular ultrasound system named as LISENDO 880. The premium vascular and cardiac imaging system offers state-of-the-art transducer technology along with an advanced OLED display, and a unique analysis package that ensures reliable cardiac hemodynamic evaluations. With these characteristics, LISENDO 880 is said to have shifted cardiac assessments to a new level. Launching of such highly innovative products is likely to encourage other industry players to focus on releasing enhanced products pertaining to cardiovascular imaging, which is estimated to have held a significant portion of the total diagnostic ultrasound industry share in the recent years.

Butterfly Network Inc, an upcoming diagnostic ultrasound market player has recently announced that it has received Food and Drug Administration’s (FDA) clearance for its ultrasound-on-a-chip technology, the Butterfly iQ. The FDA clearance is being termed as highly significant, given that it is the comprehensive clearance ever granted for a single ultrasound transducer encompassing 13 clinical applications.

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Reportedly, the pocket-sized transducer is being touted as the world’s first ultrasound-on-a-chip based imaging system which plugs into an iPhone. As per sources, the latest device amalgamates the capacities of three conventional ultrasound probes into a single 2D matrix cluster which is then overlaid on an integrated circuit, something which is found only in high-performance systems in the existing diagnostic ultrasound market.

Regarded as one of the foremost industry behemoths, GE Healthcare has recently inked a deal with DiA Imaging Analysis to develop automated imaging analysis technology that would use machine learning algorithms. The technology would provide real-time imaging and accurate analysis of ultrasound readings which would aid physicians in offering better patient care.

Elaborating further, the growing tendency of diagnostic ultrasound industry players to bring out automated imaging analysis tools in alliance with medical imaging software firms is expected to substantially impel the diagnostic ultrasound market size in the ensuing years, which as per estimates, will exceed a valuation of USD 7 billion by 2024.

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Molecular Diagnostics Market Size By Application (Infectious Disease, Blood Screening, Genetic Testing, Oncology Testing), By Technology (PCR, In Situ Hybridization, Chips and microarrays, Mass spectrometry, Sequencing, Isothermal Amplification), Industry Analysis Report, Regional Outlook (U.S., Canada, Germany, UK, France, Spain, Portugal, Italy, Russia, Denmark, Norway, Sweden, Japan, China, India, Australia, Sri Lanka, Malaysia, Pakistan, Philippines, South Korea, New Zealand, Vietnam, Thailand Brazil, Mexico, Argentina, Colombia, Chile, Peru, South Africa, Nigeria, Morocco, Egypt, KSA, UAE, Jordan, Qatar, Israel), Application Potential, Price Trends, Competitive Market Share & Forecast, 2017 – 2024


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Sunday, 7 January 2018

Medical Bed Market to witness more than 5.5% CAGR from 2017 to 2024

The research report “Medical Bed Market Size By Product (Acute Care Beds, Long-term Care Beds, Psychiatric Care Beds, Bariatric Beds, Others), By Bed Type (Manual Beds, Electric Beds, Semi-electric Beds), By Application (Intensive Care, Non-intensive Care), By End-use (Hospitals, Home Care Settings, Elderly Care Facilities), Industry Analysis Report, Regional Outlook (U.S., Canada, Germany, UK, France, Italy, Spain, Russia, Poland, China, India, Japan, Australia, Brazil, Mexico, South Africa, Saudi Arabia, Qatar, UAE), Application Development Potential, Price Trends, Competitive Market Share & Forecast, 2017 – 2024” by Global Market Insights, Inc. says, Medical Bed Market size is set to exceed USD 4 billion by 2024.

Rising geriatric patient base across the globe susceptible to physical disabilities acts as a major growth rendering driver for the market. As per WHO, around 70 million people of all ages are suffering from physical disability which accelerates the demand for medical beds across the globe.

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Favorable government support and increasing efforts to enhance the healthcare facilities and offer advance care to patients in the developing countries will augment industry growth. For instance, government measures through Healthcare Transformation Plan (HTP) to renovate hospital infrastructure, build diagnostics centers, clinics and hospitals in the coming five years in Iran will spur market size.

Increasing prevalence of chronic disorders such as stroke, diabetes, cancer which leads to rise in number of hospital admissions is another growth rendering driver. Moreover, increasing private hospitals and healthcare facilities provided to patients in the emerging countries will favor industry expansion. Declining volume of public hospital beds and high cost associated with bariatric and ICU medical beds will hamper business growth.

Long-term care beds will witness significant growth in 2016 followed by bariatric beds over the coming years. Safety features offered by long-term care beds due to low-height bed frames will reduce the risk of patient falls and entrapment. Furthermore, it will also minimize the caregiver back injuries fuelling its utilization specially in the homecare and nursing homes.

Browse key industry insights spread across 150 pages with 122 market data tables & 14 figures & charts from this 2017 report Medical Bed Market in detail along with the table of contents at:


Bariatric beds will generate huge demand in the coming years due to rising diabetes prevalence coupled with increasing obesity patients requiring bariatric surgeries propelling industry size.

Electric beds will fetch higher revenue share over the coming years owing to factors like enhancement of resident mobility as well as decrease in staff’s manual handling, ability of disabled patients to operate the adjustable features of the electric bed propelling industry size.

Rising number of patients requiring critical care due to increasing chronic ailments such as neurovascular disease, cardiac disorders, bone and joint disorders will fuel intensive care beds revenue growth in the future.

Reduced length of stay at hospitals, higher comfort levels, personal independence and faster recovery are major factors driving the homecare settings market growth. Home health care being less expensive, more convenient, and can be as effective as care given in hospital will favor business growth.

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Spain medical bed market should witness robust growth over the forecast period. Increasing elderly patient base suffering from chronic ailments requiring prolonged care along with growing demand for critical patient care will fuel regional growth. Furthermore, presence of local manufacturers offering wide range of bed frames used in various healthcare settings will augment revenue growth in the future.

India medical bed market should grow at lucrative rate due to presence of large patient pool with chronic disorders coupled with growing obesity levels generating huge demand for specialty beds in the future. Favorable government initiatives in India to set up new hospitals, along with encouraging majority of private entities to increase investment for improving and developing healthcare infrastructure in the country will escalate regional growth.

Some of the key industry players operating in global medical bed market are Hill-Rom, Stryker, Invacare, Getinge and Paramount Bed. The industry players are investing in R&D to develop novel products to provide effective treatment options for chronic diseases. For instance, in January 2017, Getinge launched Total Lift Bed for ICU patients allowing them to stand, assisting in early mobility and improving patient outcomes.

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About Global Market Insights:

Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

Contact Us:

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Corporate Sales, USA
Global Market Insights, Inc.
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