Australia Bed Head Panel Market Size & Outlook, 2023-2030
Australia bed head panel market, 2018-2030 (US$M)
Related Markets
Australia bed head panel market highlights
- The Australia bed head panel market generated a revenue of USD 73.2 million in 2023 and is expected to reach USD 92.7 million by 2030.
- The Australia market is expected to grow at a CAGR of 3.4% from 2024 to 2030.
- In terms of segment, hospitals was the largest revenue generating end use in 2023.
- Hospitals is the most lucrative end use segment registering the fastest growth during the forecast period.
Bed head panel market data book summary
| Market revenue in 2023 | USD 73.2 million |
| Market revenue in 2030 | USD 92.7 million |
| Growth rate | 3.4% (CAGR from 2023 to 2030) |
| Largest segment | Hospitals |
| Fastest growing segment | Hospitals |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Hospitals, Clinics, Other End Use |
| Key market players worldwide | Baxter International Inc, Draegerwerk AG & Co KGaA, InMed Pharmaceuticals Inc, Precision UK, Novair Medical, Amcaremed Technology Co., Amico Group of Companies, Biolume, BeaconMedaes, Silbermann |
Other key industry trends
- In terms of revenue, Australia accounted for 2.5% of the global bed head panel market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China bed head panel market is projected to lead the regional market in terms of revenue in 2030.
- China is the fastest growing regional market in Asia Pacific and is projected to reach USD 261.1 million by 2030.
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Bed Head Panel Market Scope
Bed Head Panel Market Companies
| Name | Profile | # Employees | HQ | Website |
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Australia bed head panel market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to bed head panel market will help companies and investors design strategic landscapes.
Hospitals was the largest segment with a revenue share of 39.89% in 2023. Horizon Databook has segmented the Australia bed head panel market based on hospitals, clinics, other end use covering the revenue growth of each sub-segment from 2018 to 2030.
In comparison to other Asian countries, with the exception of Japan, Australia's healthcare business is highly efficient and well-developed. Major variables projected to fuel growth in Australia over the forecast period include an increase in number of hospitalizations and increased healthcare expenditure. According to research published by the Australian Institute of Health and Welfare in 2018, over 11 million individuals were admitted to hospitals in Australia between 2016 and 2017.
Furthermore, according to research published by the same source in 2018, government funding accounted for almost two-thirds of all healthcare spending, while non-government funding accounted for approximately 33.0%. As a result, such measures may attract a large number of new and important players to enter the market, resulting in market growth.
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Horizon Databook provides a detailed overview of country-level data and insights on the Australia bed head panel market , including forecasts for subscribers. This country databook contains high-level insights into Australia bed head panel market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Australia bed head panel market size, by end use, 2018-2030 (US$M)
Australia Bed Head Panel Market Outlook Share, 2023 & 2030 (US$M)
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