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-0.000853057270505952 -0.00172057313881691 -0.0031664329193354 -0.00293509535445249 -0.00657866200135904 -0.00764859823894273 -0.00660757919696939 -0.00533522259011313
Stock impact report

Global Medical Bed Market Analysis 2024-2029 | Now Available [Yahoo! Finance]

Stryker Corporation (SYK) 
Last stryker corporation earnings: 4/30 04:05 pm Check Earnings Report
US:NYSE Investor Relations: stryker.gcs-web.com/investor-overview
Company Research Source: Yahoo! Finance
The global medical bed market is projected to grow at a CAGR of 5.14% during the forecast period to reach US$4.925 billion by 2029, up from US$3.474 billion in 2022. One of the biggest growth drivers for hospital beds is the aging population. According to the United Nations, the global population of individuals aged 65 and above is rapidly increasing, with the percentage expected to rise from 10% in 2022 to 16% in 2050. By 2050, the number of individuals aged 65 or above will be twice the number of children under 5 and almost equivalent to the number of children under 12 years. Moreover, the growing elderly populace and lifestyle-caused disorders that require the utilization of medical beds for way better treatment and convenience are anticipated to drive industry extension over the projected period. With the growing aging population, chronic illnesses and their related hospitalizations are becoming more common, expanding the demand for hospital beds. According to the National Show less Read more
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