Malaysia Hospital Beds Market, By Type (Electric Beds, Semi-electric Beds, Manual Beds), By Usage (Acute Care Beds, Psychiatric Care Beds, Long-Term Care Beds, Others), By Application (Intensive Care v/s Non-Intensive Care), By End User (Hospitals, Home Care Settings, Elderly Care Settings, Others), By Region, Competition Forecast & Opportunities, 2028
Published Date: November - 2024 | Publisher: MIR | No of Pages: 320 | Industry: Healthcare | Format: Report available in PDF / Excel Format
View Details Buy Now 2890 Download Sample Ask for Discount Request CustomizationMalaysia Hospital Beds Market, By Type (Electric Beds, Semi-electric Beds, Manual Beds), By Usage (Acute Care Beds, Psychiatric Care Beds, Long-Term Care Beds, Others), By Application (Intensive Care v/s Non-Intensive Care), By End User (Hospitals, Home Care Settings, Elderly Care Settings, Others), By Region, Competition Forecast & Opportunities, 2028
Malaysia hospital beds market are anticipated to show a robust growth in the upcoming five years, 2024-2028. The major factors include increasing prevalence of chronic diseases, growing geriatric population, the increase in the incidence of road accidents, the increment in rate of hospitalization, the rise in surgical operations, the technological development for boosting the growth of the market.
Furthermore, the Malaysia hospital beds market is primarily driven by an increase in the number of hospitals and healthcare facilities, as well as the country's aging population. In addition, the Malaysian government's focus on developing its healthcare industry has led to increased investment in healthcare infrastructure, including the construction of new hospitals and the upgrading of existing ones.
A hospital bed is a bed specially designed for hospitalizing the patients or for the patients in need of some form of medical treatment and hospital environment. These beds are designed to meet all the needs of the hospital environment. These beds are technically upgraded into automatic beds called as smart beds. Hospital beds have movable wheels, and some inclination features as compared to ordinary beds. Hospital beds can be raised and lowered at the head, feet and their entire height can be adjusted according to the patients comfort to carry out different procedures and treatments on the patients. The Malaysia hospital beds market is segmented into three typesgeneral beds, pediatric beds, and critical care beds. General beds are the most commonly used type of hospital bed, accounting for the majority of the market share. These beds are used for patients who require short-term hospitalization, such as those undergoing surgery or recovering from an illness. Pediatric beds are designed specifically for children and are used in pediatric wards and neonatal intensive care units (NICUs). These beds are smaller and have safety features such as side rails and alarms to ensure the safety of young patients. Critical care beds are used for patients who require intensive care, such as those who have undergone major surgery or have a life-threatening condition. These beds are equipped with advanced features such as electronic controls, built-in scales, and pressure sensors to monitor the patient's vital signs. Therefore, propels the growth of the Malaysia Hospital Beds Market.
Rise in chronic diseases
For instance, according to WHO statistics, cancer is the leading cause of death accounts for nearly 10 million deaths in 2020
Healthcare Awareness
According to Worldometer data, the current population of Malaysia is 33,378,478 as of December 13, 2022, in which 76.0% are dying due to Colorectal cancer, 61.6% are dying due to lower respiratory infection, and 48.3% are dying because of chronic kidney diseases and so on
New Product launch & Technology Advancement
The advancement in hospital beds, product launch and product approvals contribute to the growth of Malaysia hospital beds market. For instance, In February 2021, Stryker Corporation, one of the world’s leading medical technology services providing company has launched a completely modified wireless hospital bed named as ProCuity. The ProCuity bed series was designed to help in reducing the patient hospitalization in normal as well as in serious concern and improves the efficiency of nurse workflow and safety. ProCuity also incorporates a special connecting feature to nurses call system without the use of cables or wires. Hence, shows a lucrative impact on the growth of Malaysia hospital beds market. Technological advancements in hospital beds are also driving growth in the Malaysia hospital beds market. Advanced hospital beds equipped with features such as electronic controls, built-in scales, and pressure sensors are becoming increasingly common, particularly in critical care units. These beds help to improve patient outcomes and reduce the risk of complications, driving demand for the Malaysia Hospital Beds Market.
One of the key recent developments in the Malaysia hospital beds market is the increasing adoption of digital technology in hospital beds. Digital hospital beds are equipped with advanced features such as electronic controls, built-in scales, and pressure sensors to monitor the patient's vital signs. These beds are becoming increasingly common, particularly in critical care units. This technology has helped to improve patient outcomes and reduce the risk of complications, driving demand for digital hospital beds in the market. Additionally, a recent development in the Malaysia hospital beds market is the shift towards more environmentally friendly hospital beds. There is an increasing focus on sustainability in the healthcare industry, and hospitals are looking for ways to reduce their environmental footprint. In response to this, some manufacturers are developing hospital beds made from sustainable materials and with energy-efficient features for driving the growth of Malaysia Hospital Beds Market.
Market Segmentation
The Malaysia hospital beds market is segmented by type, usage, application, end user, regional distribution, and competitional landscape. Based on type, the market is further segmented into electric beds, semi-electric beds, and manual beds. Based on usage, the market is further segmented into Acute Care Beds, Psychiatric Care Beds, Long-Term Care Beds, and Others. Based on application, the market is further segmented into Intensive Care, and Non-intensive Care. Based on end user, the market is further segmented into Hospitals, Home Care Settings, Elderly Care Settings, and Others.
Market Players
LKL Advance Metaltech Sdn Bhd (LKL International Berhad), Neolee Rehab Supply Sdn Bhd, Frago Impex Sdn. Bhd., Piyatech Sdn. Bhd., Stryker Corporation (Malaysia) Sdn Bhd, Victor Steel Equipment Sdn Bhd., ProMed Marketing Sdn Bhd, Nazmed Sdn Bhd etc. are some of the leading companies operating in the market.
| Attribute | Details |
| Base Year | 2022 |
| Historical Years | 2018 – 2022 |
| Estimated Year | 2023E |
| Forecast Period | 2024F – 2028F |
| Quantitative Units | Revenue in USD Million, Volume in Units and CAGR for 2018-2022 and 2023E-2028F |
| Report Coverage | Revenue forecast, volume forecast, company share, competitive landscape, growth factors, and trends |
| Segments Covered | · Type · Usage · Application · End User · Region |
| Region Scope | East, West |
| Key Companies Profiled | LKL Advance Metaltech Sdn Bhd (LKL International Berhad), Neolee Rehab Supply Sdn Bhd, Frago Impex Sdn. Bhd., Piyatech Sdn. Bhd., Stryker Corporation (Malaysia) Sdn Bhd, Victor Steel Equipment Sdn Bhd., ProMed Marketing Sdn Bhd, Nazmed Sdn Bhd. |
| Customization Scope | 10% free report customization with purchase. Addition or alteration to regional & segment scope. |
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