What is Nursing Home Beds Market?
Nursing home beds are available beds for people requiring ongoing health and nursing care due to chronic impairments and a reduced degree of independence in activities of daily living (ADL). The factors such as Increased Prevalence of Chronic Diseases and Increased Awareness about Healthy Lifestyle are driving factors for the global nursing home beds market.
The market study is being classified and major geographies with country level break-up.
Savion Industries (Israel), Favero Health Projects (Italy), Transfer Master (United States), LINET Group SE (Netherlands), Merits Health Products Co., Ltd. (Taiwan), Sidhil Ltd. (United Kingdom), Arjo Inc. (United States), NOA Medical Industries (United States), Roscoe Medical, Inc. (United States) and Hill-Rom (United States) are some of the key players profiled in the study.
The companies are exploring the market by adopting expansions, investments, new service launches and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions across the globe to gain competitive advantage through combined collaborations. Research Analyst at AMA predicts that Global Players will contribute to the maximum growth of Global Nursing Home Beds market throughout the predicted period.
Segment Analysis
Analyst at AMA have segmented the market study of Global Nursing Home Beds market by Type, Application and Region.
On the basis of geography, the market of Nursing Home Beds has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Drivers
- Increased Prevalence of Chronic Diseases
- Increased Awareness about Healthy Lifestyle
Market Trend
- High Demand for Automatic Nursing Home Beds
- Advancements in the Medical Science
Restraints
- Fluctuations in the Raw Material Prices
Opportunities
- Growth in the Healthcare Industry Worldwide
- Robust Increase in the Distribution Channel
Challenges
- Slowdown of the World Economy
Key Target Audience
Nursing Home Beds Manufacturers, Raw Material Suppliers, Distributors, Emerging Companies and End-users