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north american hospital beds market projected to reach 1.98 billion by 2032
The North American hospital beds market is projected to grow from USD 1.43 billion in 2022 to USD 1.98 billion by 2032, at a CAGR of 3.3%. This growth is driven by rising chronic disease prevalence, increased hospital admissions, and government initiatives to enhance healthcare infrastructure. The demand for intensive care beds is particularly significant, fueled by the growing number of surgical procedures and advancements in bed technology.