Industry Analysis & Industry Trends
Laid up
The aging population will drive demand for hospital beds, as more people require industry products for their medical care. Furthermore, manufacturers will introduce new products with the latest technologies, like integrated scales and vital signs monitors, to stimulate demand. Therefore, the Hospital Bed Manufacturing industry's revenue will continue to grow, in line with consistent demand and new innovations.... purchase to read more
Industry Report - Industry Locations Chapter
Industry locations are concentrated in the West (18.1% of establishments and 21.4% of employment), the Great Lakes (17.4% and 15.9%), the Southeast (17.2% and 17.8%) and the Mid-Atlantic (16.6% and 17.0%) regions. Geographic analysis by state reveals that California alone accounts for 12.6% of industry establishments, 18.5% of employment and 17.8% of revenue. The concentration of firms in California can be explained by the fact that the state has more than 400 community hospitals operating 74,000 beds and with more than 3.5 million reported admissions. In the same year, hospital personnel included 85,000 full-time registered nurses and 10,387 full-time licensed practical nurses (Citi-Data.com). Sim... purchase to read more