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Hospital Bed Market by Type, Treatment, Geography – Market Size, Growth and Demand

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Global hospital bed market is forecasted to attain a size of $4.6 billion by 2023, according to P&S Market Research.The market is mainly driven by the increasing prevalence of chronic diseases, growing healthcare expenditure, surging aging population, and development of advanced hospital bed solutions. Based on the type of bed, the hospital bed market has been categorized into general, birthing, pediatric, pressure relief, and others. Of all types, the fastest growth during the forecast period in the global market is expected from general beds, with 5.8% CAGR, due to their low cost as compared to other beds. Based on treatment, the market has been categorized into acute care, critical care, and long-term care beds. During the forecast period, the hospital bed market for critical care is expected to grow the fastest among all types, with a CAGR of 6.0%. This growth is attributed to the fact that critical-care beds allow lateral tilting of patients, which helps in blood circula...
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Increasing Number of MRI Tests Fueling Sales of MRI Compatible Patient Monitoring Systems

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The increasing number of magnetic resonance imaging (MRI) exams being done in several countries is pushing up the demand for MRI compatible patient monitoring systems across the world. As per the Commonwealth Fund’s Annual International Profiles of Health Care Systems, France, the U.S., and Germany were the three biggest countries that observed the highest number of MRI tests per 1,000 people in 2014. The U.S., France, and Germany witnessed 109.5, 95.5, and 114.3 MRI tests respectively in that year. Browse full report with Table of Content - MRI Compatible Patient Monitoring System Market Apart from the aforementioned factor, extensive research and development (R&D) activities being conducted in MRI compatible patient monitoring systems in various countries and frequent product launches are also fueling the advancement of the industry across the globe. Additionally, the increasing public awareness about healthcare and advanced medical technologies and the soaring implementation of ...
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Rising Cancer Prevalence Driving Nuclear Imaging Equipment Market

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Across the globe, the population of the elderly is increasing at a high rate. The United Nations, in its latest World Population Ageing report, estimated that 703 million people on earth were more than 65 years old in 2019, and that their population will touch 1.5 billion by 2050.  Single-positron emission computed tomography (SPECT), hybrid positron emission tomography (PET), and planar scintigraphy are the various nuclear imaging techniques. Among these, the highest demand in the past has been for SPECT scanners, as they are widely used to asses the severity of brain injury, where CT and magnetic resonance imaging (MRI) have certain limitations, especially in detecting the flow of blood in the veins and arteries. In the coming years, hybrid PET systems are expected to witness the most rapidly increasing demand. Across the world, North America has been the largest user of nuclear imaging, as it accounts for extremely high cancer and cardiovascular disease rates. As such t...
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