Hospitals are the primary end users and accounted for the biggest market share for hospital beds in 2019. This is mostly due to the rise in healthcare costs, which has also prompted the building of new hospitals and the renovation of existing ones to add beds and modern medical equipment. In addition, as healthcare costs rise, many governments are putting more of an emphasis on providing patients with better healthcare facilities, such as more Hospital Beds Market per capita and better treatment for seriously ill patients through the provision of inpatient facilities globally. Hospitals are suffering from a severe bed shortage in both intensive care units (ICUs) and ordinary wards as a result of the increased hospitalisation rates. In addition, the prevalence of different medical conditions, including cancer and cardiovascular disorders, is rising (CVDs).
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