Global aging Intensifies, Where will the hospital bed market go?

Comment ( 22 )    From chinasaikang    By Saikang    Time 2023-07-04

Under the current social environment, global aging has become a core issue that cannot be ignored.

This paper will analyze the global market survey and research data to interpret the aging trend and the future trend of the hospital bed market. 

According to the data from the OECD, as early as 2017, the elderly accounted for more than 65% of the people receiving long-term care in major countries in the world. 

It took 126 years (1864-1990) in France, 46 years (1929-1975) in the United Kingdom, 40 years (1932-1972) in Germany, 24 years (1971-1995) in Japan, and 21 years (2000-2021) in China to go from aging to deep aging.

It took France 28 years (1990-2018), Germany 36 years (1972-2008), and Japan 11 years (1995-2006) to go from deep aging to super-aging. China is expected to enter a super-aging society with over 20% of the elderly population around 2032. 

In recent years, the aging of the population has intensified, and the demand for elderly care has skyrocketed. The aging population has become a major driving force for the market.

Due to low immunity and longer recovery period, the elderly are more susceptible to illness and need more care as they are more vulnerable to injuries such as accidents, trauma, burns, fractures, and falls, resulting in an increase in hospitalizations, which has also greatly stimulated the demand for hospital beds.

Older persons in medical rehabilitation facilities often have to face great challenges. Many have suffered illnesses or accidents and must retrain their bodies and minds, as well as adapt quickly to new environments. 

In this case, a positive atmosphere and professional equipment can be a decisive help, so the demand for hospital beds is also increasing, and the global market has entered the stage of bed replacement. 

According to statistics, the global bed market sales reached 3,312 million US dollars in 2021 and are expected to reach 4,731 million US dollars in 2028, with a compound annual growth rate (CAGR) of 5.14% (2022-2028).  

There is no doubt that the global demand for hospital beds will continue to rise in the future. 

Under such a background, Saikang Medical will continue to deliver quality products to the global market. 

Jiangsu Saikang Medical Equipment Co., LTD., founded in 2002, is the world's leading provider of medical care equipment and solutions.

The company integrates research and development, production, sales, service and technical consulting, mainly producing medical furniture, operating room, pre-hospital rescue, elderly rehabilitation products.

Including medical beds, nursing beds, orthopaedic traction beds, examination beds, infusion chairs, escort chairs, medical carts, stretchers, operating tables and a series of related products, can provide customers with space deepening design and one-stop comprehensive medical care equipment solutions.

Saikang looks forward to establishing in-depth cooperation with you, working together to create a better rehabilitation environment, and contributing to the cause of human health!