Therapeutic beds comprise of beddings and mattresses meant for medical purposes. These beddings could be used in hospitals, clinics and also by patients attended at home. Today the therapeutic bed market has also introduced itself in the household retail sector with its novel and innovative range of mattresses and beds.
The major segments of therapeutic beds could be classified into two types - clinical beds and household beds. However the overall classification of therapeutic beds consists of ICU beds, regular medical beds, birthing and pediatric beds and support surfaces. Apart from these generic beds, there are certain specialized segments like - air fluidized and low air loss bed systems and bariatric beds. The other peripheral segments comprise of bedding and mattress replacements and overlays.
The major drivers of the therapeutic beds market could be as follows: tremendous growth in the medical business; high level of innovation in both treatment and post surgical attendance to the patients. Also growing awareness among public in general about their health and wellness has triggered this market. Automated beds are a rage these days both in clinical as well as household markets.
However the pricing of these beds can be a major concern for growth of this market. Attaining economies of scale for the new market entrants can also be a major influence on the pricing of these beds and allied utilities. The major market segment for therapeutic beds is still hospitals, clinics and allied therapists markets. With growing awareness among the general public and sportsmen, the retail segment of the specialized household therapeutic beds is also on the rise. Another latest market for therapeutic beds is spas and other relaxation and rejuvenation units.
If geographically distributed, North America and developed nations constitute the largest market for this sector both in production, consumption and worldwide exports. Emerging nations like Brazil, India, and China also are seen as a huge opportunity by the global manufacturers. Thus the entire global market can be majorly stratified as North America, Europe, Asia Pacific and Rest of the world.
The major market players in the therapeutic beds market worldwide are BG Industries, Carital Ltd, Centromed Ltd., Casco Solutions, Gaymar Industries, Grant Airmass Corporation, The LiftCare Bed Co etc.
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