The Latin America, Middle East and Africa Healthcare Smart Beds Market would witness market growth of 9.9% CAGR during the forecast period (2021-2027).
The cases of chronic diseases are constantly rising across the world. The major factors contributing to surging the common and costly long-term health problems are changes in societal behavior and an aging population. Also, the middle class is growing due to which regions are getting urbanized and people are inclining towards a sedentary lifestyle. This has resulted in an increasing rate of obesity and cases of diseases like diabetes. As stated by WHO, the occurrence of chronic diseases has surged by 57% in 2020. The growing population of developing nations is estimated to witness a large number of chronic cases.
To fulfil the demands for treating chronic diseases, new delivery models are launched. In this, technology is playing a vital role. Advancements in early detection and diagnoses of disease are leading to reduce the cost of the treatment of chronic conditions. Healthcare smart beds are incorporated with sensors and control panels that help in monitoring the vitals of patients for timely intervention. Home healthcare has gained significant traction around the world because it helps in saving considerable costs for patients. The cost of hospital treatments includes the cost of high-quality facilities and amenities that are provided by hospitals.
LAMEA is witnessing significant growth in investments from the government in the hospitals to remain in alignment with the latest technologies and to improve the healthcare treatments. In addition, this region is observing a shift in patient inclination, and a rise in demand for cutting-edge healthcare facilities, hence fueling the demand for healthcare smart beds. Additionally, expansion in the occurrence of cardiovascular diseases is boosting the demand for healthcare smart beds because they are embedded with coordinated cardio monitoring sensors and devices that help in sending alert signals to the medical teams.
The launch of the latest technologies is helping in reducing the cost of treatment and improving efficiency to treat, care and communicate with more and more patients. Whereas, connected care technologies, which use big data to better diagnose patients or potential issues before they turn into full-flown health concerns, are still at the lower stage. Additionally, the knowledge and use of these technologies are limited due to a lack of awareness. Hence, it is anticipated that people will be more aware of these technologies, which will surge the demand for the technology integrated healthcare smart beds in the coming years.
The Hospitals market dominated the South Africa Healthcare Smart Beds Market by Application in 2020, thereby, achieving a market value of $7.7 Million by 2027. The Outpatient Clinics market is expected to witness a CAGR of 11.1% during (2021 - 2027).
Based on Application, the market is segmented into Hospitals, Outpatient Clinics, Medical Nursing Homes and Medical Laboratory and Research. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
Free Valuable Insights: The Global Healthcare Smart Beds Market is Predict to reach $880.9 Million by 2027, at a CAGR of 8.8%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Stryker Corporation, Hill-Rom Holdings, Inc., Invacare Corporation (Johnson & Johnson Private Limited), Paramount Bed Co., Ltd. (Paramount Bed Holdings Co., Ltd.), LINET spol. s r.o. (WIBO Holdings GmbH), Joerns Healthcare LLC, Stiegelmeyer GmbH & Co. KG (Joh. Stiegelmeyer & Co. GmbH), Arjo AB, Völker GmbH, and Favero Health Projects SpA.
Scope of the Study
Market Segments Covered in the Report:
By Application
- Hospitals
- Outpatient Clinics
- Medical Nursing Homes
- Medical Laboratory and Research
By Country
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA
Key Market Players
List of Companies Profiled in the Report:
- Stryker Corporation
- Hill-Rom Holdings, Inc.
- Invacare Corporation (Johnson & Johnson Private Limited)
- Paramount Bed Co., Ltd. (Paramount Bed Holdings Co., Ltd.)
- LINET spol. s r.o. (WIBO Holdings GmbH)
- Joerns Healthcare LLC
- Stiegelmeyer GmbH & Co. KG (Joh. Stiegelmeyer & Co. GmbH)
- Arjo AB
- Völker GmbH
- Favero Health Projects SpA
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 LAMEA Healthcare Smart Beds Market, by Application
1.4.2 LAMEA Healthcare Smart Beds Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 COVID-19 impact
2.1.1.2 Market composition and scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. LAMEA Healthcare Smart Beds Market by Application
3.1 LAMEA Hospitals Market by Country
3.2 LAMEA Outpatient Clinics Market by Country
3.3 LAMEA Medical Nursing Homes Market by Country
3.4 LAMEA Medical Laboratory and Research Market by Country
Chapter 4. LAMEA Healthcare Smart Beds Market by Country
4.1 Brazil Healthcare Smart Beds Market
4.1.1 Brazil Healthcare Smart Beds Market by Application
4.2 Argentina Healthcare Smart Beds Market
4.2.1 Argentina Healthcare Smart Beds Market by Application
4.3 UAE Healthcare Smart Beds Market
4.3.1 UAE Healthcare Smart Beds Market by Application
4.4 Saudi Arabia Healthcare Smart Beds Market
4.4.1 Saudi Arabia Healthcare Smart Beds Market by Application
4.5 South Africa Healthcare Smart Beds Market
4.5.1 South Africa Healthcare Smart Beds Market by Application
4.6 Nigeria Healthcare Smart Beds Market
4.6.1 Nigeria Healthcare Smart Beds Market by Application
4.7 Rest of LAMEA Healthcare Smart Beds Market
4.7.1 Rest of LAMEA Healthcare Smart Beds Market by Application
Chapter 5. Company Profiles
5.1 Stryker Corporation
5.1.1 Company Overview
5.1.2 Financial Analysis
5.1.3 Segmental and Regional Analysis
5.1.4 Research & Development Expense
5.2 Hill-Rom Holdings, Inc.
5.2.3 Segmental and Regional Analysis
5.2.5 Recent strategies and developments
5.3 Invacare Corporation (Johnson & Johnson Private Limited)
5.3.3 Regional Analysis
5.4 Paramount Bed Co., Ltd. (Paramount Bed Holdings Co., Ltd.)
5.5 L I N E T spol. s r.o. (WIBO Holdings GmbH)
5.5.2 Recent strategies and developments:
5.5.2.1 Partnerships, Collaborations, and Agreements:
5.5.2.2 Product Launches and Product Expansions:
5.5.2.3 Acquisition and Mergers:
5.6 Joerns Healthcare LLC
5.6.1 Company Overview
5.6.2 Recent strategies and developments:
5.6.2.1 Product Launches and Product Expansions:
5.7 Stiegelmeyer GmbH & Co. KG (Joh. Stiegelmeyer & Co. GmbH)
5.7.1 Company Overview
5.8 Arjo AB
5.8.1 Company Overview
5.8.2 Financial Analysis
5.8.3 Regional Analysis
5.8.4 Research & Development Expenses
5.9 Völker GmbH
5.9.1 Company Overview
5.10. Favero Health Projects SpA
5.10.1 Company Overview
TABLE 1 LAMEA Healthcare Smart Beds Market, 2017 - 2020, USD Million
TABLE 2 LAMEA Healthcare Smart Beds Market, 2021 - 2027, USD Million
TABLE 3 LAMEA Healthcare Smart Beds Market by Application, 2017 - 2020, USD Million
TABLE 4 LAMEA Healthcare Smart Beds Market by Application, 2021 - 2027, USD Million
TABLE 5 LAMEA Hospitals Market by Country, 2017 - 2020, USD Million
TABLE 6 LAMEA Hospitals Market by Country, 2021 - 2027, USD Million
TABLE 7 LAMEA Outpatient Clinics Market by Country, 2017 - 2020, USD Million
TABLE 8 LAMEA Outpatient Clinics Market by Country, 2021 - 2027, USD Million
TABLE 9 LAMEA Medical Nursing Homes Market by Country, 2017 - 2020, USD Million
TABLE 10 LAMEA Medical Nursing Homes Market by Country, 2021 - 2027, USD Million
TABLE 11 LAMEA Medical Laboratory and Research Market by Country, 2017 - 2020, USD Million
TABLE 12 LAMEA Medical Laboratory and Research Market by Country, 2021 - 2027, USD Million
TABLE 13 LAMEA Healthcare Smart Beds Market by Country, 2017 - 2020, USD Million
TABLE 14 LAMEA Healthcare Smart Beds Market by Country, 2021 - 2027, USD Million
TABLE 15 Brazil Healthcare Smart Beds Market, 2017 - 2020, USD Million
TABLE 16 Brazil Healthcare Smart Beds Market, 2021 - 2027, USD Million
TABLE 17 Brazil Healthcare Smart Beds Market by Application, 2017 - 2020, USD Million
TABLE 18 Brazil Healthcare Smart Beds Market by Application, 2021 - 2027, USD Million
TABLE 19 Argentina Healthcare Smart Beds Market, 2017 - 2020, USD Million
TABLE 20 Argentina Healthcare Smart Beds Market, 2021 - 2027, USD Million
TABLE 21 Argentina Healthcare Smart Beds Market by Application, 2017 - 2020, USD Million
TABLE 22 Argentina Healthcare Smart Beds Market by Application, 2021 - 2027, USD Million
TABLE 23 UAE Healthcare Smart Beds Market, 2017 - 2020, USD Million
TABLE 24 UAE Healthcare Smart Beds Market, 2021 - 2027, USD Million
TABLE 25 UAE Healthcare Smart Beds Market by Application, 2017 - 2020, USD Million
TABLE 26 UAE Healthcare Smart Beds Market by Application, 2021 - 2027, USD Million
TABLE 27 Saudi Arabia Healthcare Smart Beds Market, 2017 - 2020, USD Million
TABLE 28 Saudi Arabia Healthcare Smart Beds Market, 2021 - 2027, USD Million
TABLE 29 Saudi Arabia Healthcare Smart Beds Market by Application, 2017 - 2020, USD Million
TABLE 30 Saudi Arabia Healthcare Smart Beds Market by Application, 2021 - 2027, USD Million
TABLE 31 South Africa Healthcare Smart Beds Market, 2017 - 2020, USD Million
TABLE 32 South Africa Healthcare Smart Beds Market, 2021 - 2027, USD Million
TABLE 33 South Africa Healthcare Smart Beds Market by Application, 2017 - 2020, USD Million
TABLE 34 South Africa Healthcare Smart Beds Market by Application, 2021 - 2027, USD Million
TABLE 35 Nigeria Healthcare Smart Beds Market, 2017 - 2020, USD Million
TABLE 36 Nigeria Healthcare Smart Beds Market, 2021 - 2027, USD Million
TABLE 37 Nigeria Healthcare Smart Beds Market by Application, 2017 - 2020, USD Million
TABLE 38 Nigeria Healthcare Smart Beds Market by Application, 2021 - 2027, USD Million
TABLE 39 Rest of LAMEA Healthcare Smart Beds Market, 2017 - 2020, USD Million
TABLE 40 Rest of LAMEA Healthcare Smart Beds Market, 2021 - 2027, USD Million
TABLE 41 Rest of LAMEA Healthcare Smart Beds Market by Application, 2017 - 2020, USD Million
TABLE 42 Rest of LAMEA Healthcare Smart Beds Market by Application, 2021 - 2027, USD Million
TABLE 47 Key Information – LINET spol. s.r.o.
TABLE 48 Key Information – Joerns Healthcare LLC
TABLE 49 Key Information – Stiegelmeyer GmbH & Co. KG
TABLE 50 Key Information – Arjo AB
TABLE 51 Key Information – Völker GmbH
TABLE 52 Key Information – Favero Health Projects SpA
List of Figures
FIG 1 Methodology for the research
FIG 2 Recent strategies and developments: Hill-Rom Holdings, Inc.
FIG 3 Recent strategies and developments: LINET spol. s.r.o.