Impact Analysis of Covid-19
The complete version of the REPORT will include the impact of the COVID-19, and anticipated change on the future outlook of the industry, by taking into the account the political, economic, social, and technological parameters.
In the recent past, the demand for delivery beds was largely driven by renovations in hospital infrastructure and rise in healthcare expenditure, especially in developing regions.
There are various types of delivery beds available in the market, which include obstetric delivery beds, electric delivery tables, and baby bassinet. Delivery beds can be set to any inclination or reclined as per the patient’s condition or comfort. This is generally done manually by medical assistants or nurses, with the help of levers fixed to the beds, upon a physician or patient’s request. Moreover, many modern delivery beds have the provision of electrical assistance for movement as well as for patient monitoring.
The global Delivery Beds Market is estimated to be valued at US$ 422.63 million in 2020 and is expected to exhibit a CAGR of 2.8% over the forecast period (2020-2027).
Fig1. Global Delivery Beds Market Share (%) Analysis, By Product Type, 2019
Increasing launch of delivery beds is expected to drive growth of the global Delivery Beds Market
For instance, in 2017, LINET, an international leader in healthcare technology and a global supplier of hospital beds, introduced Revolutionary Birthing Bed (AVE 2). Revolutionary design of the AVE 2 helps in bringing a new level of comfort and efficiency to every phase of childbirth. The AVE 2 has many features that make the birthing process easier for both the mother and the healthcare staffs.
Global Delivery Beds Market– Regional Analysis
North America accounted for the largest share in the global Delivery Beds Market, owing to key players in the market are focused on various business strategies such as mergers and acquisitions to gain competitive edge in the market. For instance, in March 2019, Hill-Rom Holdings Inc. acquired Voalte, Inc. This acquisition will strengthen Hill-Rom’s connected solution including smart hospital beds.
Furthermore, Asia Pacific is also expected to witness significant growth in the global Delivery Beds Market, owing to increasing government initiatives for implementation of labor room. For instance, in 2017, Union Health Minister of India released the Operational Guidelines for Obstetric High Dependency Units (HDUs) and Intensive Care Units (ICUs) along with a mobile application for health workers who manage normal and complicated deliveries in peripheral areas of India.
Fig2. Global Delivery Beds Market Value (US$ Mn) & Y-o-Y Growth (%), 2017-2027
Global Delivery Beds Market- Competitive Landscape
Key players operating in the global Delivery Beds Marketinclude Hill-Rom, Inc., Promek Medical, Vivipar GmbH, ArjoHuntleigh, Merivaara, Janak Healthcare, Fanem, and United Surgical Industries.