Report ID: SQMIR35B2196
Report ID:
SQMIR35B2196 |
Region:
Regional |
Published Date: February, 2024
Pages:
157
|
Tables:
144 |
Figures:
70
European Hospital Beds Market size was valued at USD 2.2 Billion in 2023 and is poised to grow from USD 2.29 Billion in 2024 to USD 3.14 Billion by 2032, growing at a CAGR of 4% during the forecast period (2025-2032).
Hospital beds have a number of features that can help the patient with positioning in addition to security and convenience for quick recovery. During the forecast timeframe, the Europe hospital beds market will be motivated by an increase in the elderly population and an escalation in the incidence of chronic diseases. The growth in the number of patients admitted to hospitals is encouraging market growth. Because the seniors are more susceptible to chronic illnesses and require round-the-clock care, they have decided to utilize home care services, which are inevitably promoting European market growth. In Europe, the rising trend in cardiac problems, bone fractures, and spine fractures is positively influencing the market.
The COVID-19 pandemic had a detrimental effect on Europe's health system. However, the European hospital bed market made some money during the forecast period. The pandemic had caused a surge in hospital bed demand in European countries. As the number of COVID-19 cases increased, the government began constructing new hospitals to treat COVID-19 patients, which boosted the market. Furthermore, patients are afraid of staying in hospitals after surgery due to COVID-19, so patients began using hospital beds at home, fuelling the European hospital beds market.
European Hospital Beds Market is poised to grow at a sustainable CAGR for the next forecast year.
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Report ID: SQMIR35B2196