SAN FRANCISCO, Jan. 12, 2021
SAN FRANCISCO, Jan. 12, 2021 /PRNewswire/ -- The global bed head panel market size is anticipated to reach USD 3.1 billion by 2027, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 3.1% from 2020 to 2027. Increasing volume of chronic care patients and rising investments in healthcare infrastructural development are driving the market.
Key suggestions from the report:
Read 120 page research report with ToC on "Bed Head Panel Market Size, Share & Trends Analysis Report By Specialty (ICU, Surgical), By End-use (Hospitals, Clinics), By Region (North America, Europe, APAC, Latin America, MEA), And Segment Forecasts, 2020 - 2027" at: https://www.grandviewresearch.com/industry-analysis/bed-head-panel-market
Increase in the number of patients needing medical care is expected to propel market growth. For instance, escalating geriatric population, surging prevalence of chronic and infectious diseases has resulted in significant increase in hospital admissions for critical care. This, in turn, has led to uplifting demand for bed head panels installation in healthcare settings.
Emergence of highly sophisticated hospitals such as super-specialty and multi-specialty hospitals will increase the demand for the installation of bed head panels. For instance, according to American Hospital Association statistics in 2020, there were 6,146 acute care and critical access hospitals in the U.S.
Furthermore, growing funding on healthcare infrastructure in developing economies is anticipated to support market growth. For instance, the Federation of German Industries (BDI) launched the initiative- "Healthcare Infrastructure in Developing Countries and Emerging Markets" aim to improve the healthcare services for large segments of the population.
Grand View Research has segmented the global bed head panel market on the basis of specialty, end-use, and region:
List of Key Players of Bed Head Panel Market
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Grand View Research, U.S.-based market research and consulting company, provides syndicated as well as customized research reports and consulting services. Registered in California and headquartered in San Francisco, the company comprises over 425 analysts and consultants, adding more than 1200 market research reports to its vast database each year. These reports offer in-depth analysis on 46 industries across 25 major countries worldwide. With the help of an interactive market intelligence platform, Grand View Research helps Fortune 500 companies and renowned academic institutes understand the global and regional business environment and gauge the opportunities that lie ahead.
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