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Hospital Bed Market Overview
The global hospital bed market generated $3.4 billion revenue in 2017 and is projected to witness a CAGR of 5.4% during 2018–2023. Increasing prevalence of chronic diseases, growing healthcare expenditure, surging aging population, and technological advancements in hospital beds are the key factors driving the market growth.
GLOBAL HOSPITAL BED MARKET SPLIT, BY POWER, $M (2017)
The various type of beds available in the market include, general, pediatric, birthing, bariatric, pressure relief, and others.