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The frequency of chronic illnesses is increasing, and consumers are becoming more interested in hospital beds that are well-equipped with cutting-edge features. Moreover, postoperative care and home healthcare services for the elderly population provide Hospital Beds Market participants significant potential.
According to a research by the National Health Council, 40 million Americans experience limitations in their daily activities as a result of one or more chronic health issues. According to a survey released in 2019, 133 million Americans, or more than 40% of the population, suffer from chronic illnesses that have no cure. In addition to having one or more chronic illnesses like diabetes, heart disease, or depression, many people also have two or more of these ailments. Due to the potential increased need for hospitalization brought on by such a high frequency of chronic illnesses, there is an increased need for Hospital Beds Market.
80% of general practitioners' (GP) consultations and 60% of hospital bed requirements, according to estimates in a study by the Department of Health & Children, are connected to cases of chronic diseases with accompanying problems.