Surge in demand of robotic hospital beds in the country is driving the growth of Saudi Arabia Hospital Beds Market, in the forecast period.
According to TechSci report on, “Saudi Arabia Hospital Beds Market By Product Type (General Beds, Bariatric Beds, Pediatric Beds, Pressure Relief Beds, Birthing Beds, Others) By Type (Powered v/s Manual) By Care (Curative Care, Long-Term Care, Rehabilitative Care) By Application (Intensive Care Beds v/s Non-Intensive Care Beds) By End User (Hospitals & Clinics, Ambulatory Care Centers, Others) By Region, Competition Forecast & Opportunities, 2026”, Saudi Arabia hospital beds market has shown promising growth in historical years until 2019 and is expected to continue its growth in upcoming forecast years 2021 to 2026. Saudi Arabia hospital beds market owes its growth to the factors like technological advancements in the ICU beds, increasing number of the hospital beds in private hospitals. ICU beds are mostly bariatric beds that provide the required comfort to the patients. These beds provide the various sleeping options and comfort as required to the patient.
Hospital beds are a crucial instrument that is required in the hospitals, clinics, home care, etc. Although hospital beds are a requirement for every patient, but the chronically ill patient require the beds for longer term and thereby the increasing number of the chronic patient is majorly driving the Saudi Arabia hospital beds market in the forecast period, 2022-2026.
In the month of March 2020, the world was hit by the wide spread of COVID-19 virus, and the economy suffered the set back. Saudi Arabia was also hit by the pandemic and country-wide lockdown was enacted. Although health industry boomed during the pandemic owing to the growing number of the patients. Manufacturers of various products had a stay before they could re-initiate their manufacturing processes. Saudi Arabia hospital beds were soon manufactured again looking at the number of increasing patient counts. Since, the pandemic has not yet ended and the new strain of virus is again increasing the patient count, the Saudi Arabia hospital beds market is anticipated to continue its growing streak in the forecast period too.
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The Saudi Arabia hospital beds market is segmented by product type, type, care, application, end user, regional distribution, and competitional landscape. Based on type the market is further bifurcated into powered and manual. Powered hospital beds are technologically advanced and offer a plethora of functions that gives it the advantage over the manual hospital beds. Thus, the powered hospital beds are anticipated to hold the larger market share in the future five years.
Based on care the market is again segmented by curative care, long-term care, and rehabilitative care. Long-term care is anticipated to hold the largest market share, I the future five years owing to the rising number of chronic patients. Chronic diseases like cancer, paralysis, etc. renders the patient in bed and in continuous need of care. Patients in need of such care are often immobile or require extreme efforts to move, thus the long-term care patients require these beds. Moreover, curative care is also anticipated to hold significant market share in the next five years owing to the rising cases of COVID-19 infected patients.
Some of the top players in the Saudi Arabia hospital beds market are, Stryker KSA, Hill-Rom Holdings, Inc-Saudi Arabia, Invacare Corporation Saudi Arabia, Bassam Trading Company Saudi (Overseas) Marketing & Trading Company (SOMATCO), among others. The companies are involving themselves into research and development for the methods of better quality, to provide better products.
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“Kingdom of Saudi Arabia government is highly focused in privatization of the healthcare industry. To increase the public-private participation delivery model and to scale up medical education the privatization of the industry is required. This aspect of the government is opening a large gap for the new players to settle a market in the country. Manufacturers of the hospital beds are not in a large count in the country, with the technologically advanced products, new players may come up with a functional partnership with the major suppliers and distributors and utilize the opportunity to provide the best quality product while establishing their brand name in a quite raw market,” said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.
“Saudi Arabia Hospital Beds Market By Product Type (General Beds, Bariatric Beds, Pediatric Beds, Pressure Relief Beds, Birthing Beds, Others) By Type (Powered v/s Manual) By Care (Curative Care, Long-Term Care, Rehabilitative Care) By Application (Intensive Care Beds v/s Non-Intensive Care Beds) By End User (Hospitals & Clinics, Ambulatory Care Centers, Others) By Region, Competition Forecast & Opportunities, 2026” has evaluated the future growth potential of Saudi Arabia Hospital Beds market and provides statistics & information on market size, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in Saudi Arabia Hospital Beds market.
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