China Bed Head Panel Market Size & Outlook, 2023-2030
China bed head panel market, 2018-2030 (US$M)
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China bed head panel market highlights
- The China bed head panel market generated a revenue of USD 195.4 million in 2023 and is expected to reach USD 261.1 million by 2030.
- The China market is expected to grow at a CAGR of 4.2% from 2024 to 2030.
- In terms of segment, hospitals was the largest revenue generating end use in 2023.
- Other End Use 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 195.4 million |
| Market revenue in 2030 | USD 261.1 million |
| Growth rate | 4.2% (CAGR from 2023 to 2030) |
| Largest segment | Hospitals |
| Fastest growing segment | Other End Use |
| 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, China accounted for 6.7% 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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China 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 44.58% in 2023. Horizon Databook has segmented the China bed head panel market based on hospitals, clinics, other end use covering the revenue growth of each sub-segment from 2018 to 2030.
The expanding senior population in China, as well as government attempts to reduce dangers during treatment, are projected to drive the adoption of bed head panels. Furthermore, ongoing expansion of medical infrastructure, as well as increased government and private sector investments to promote the use of safer & more cost-effective healthcare solutions, are driving market growth.
According to National Health Commission, there were around 12,000 public hospitals and 21,000 private hospitals in 2018, with approximately 20,500 non-profit and 12,600 for-profit institutions (excluding township and community hospitals). During the forecast period, this is expected to create considerable potential prospects for market participants.
China has emerged as a promising market for medical products in recent years. Its government cut VAT rate for medical manufacturing enterprises from 13.3% to 13.0% in March 2019. This is likely to help domestic manufacturers counter the slowdown caused by the trade war with the U.S. Several local and international businesses are attempting to seize this opportunity by introducing innovative and affordable items to the market.
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Horizon Databook provides a detailed overview of country-level data and insights on the China bed head panel market , including forecasts for subscribers. This country databook contains high-level insights into China bed head panel market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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China bed head panel market size, by end use, 2018-2030 (US$M)
China Bed Head Panel Market Outlook Share, 2023 & 2030 (US$M)
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