The reasons propelling the growth of this market include an ageing population, rising chronic disease incidence, an increase in hospitals, and the introduction of beds with cutting-edge technology. But the introduction of intelligent and robotic beds, an increase in the need for beds in home care settings, emerging nations, and rising medical tourism are opening up new market potential. However, obstacles to the market's expansion include the need for Powered and Manual Hospital Beds Market technicians to maintain hospital beds and a lack of technical expertise among healthcare professionals about technologically updated medical beds.
In the majority of nations, the elderly population is expanding. The rise in the elderly population is linked to longer life expectancies and higher survival rates from improved healthcare.
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