Medical Bed Market Trends, Growth, Industry & Revenue [2030]
Medical Bed Market Trends, Growth, Industry & Revenue [2030]
Segments - Global Medical Bed Market By Products (Acute Care Beds, MedSurg Beds, ICU Beds, Pediatric Beds, Birthing Beds, Long-term Care Beds, Psychiatric Care Beds, Bariatric Care Beds, and Others), Bed Types (Electric Beds, Semi-Electric Beds, and Manual Beds), Applications (Intensive Care and Non-Intensive), End-users (Hospitals, Home Care, and Elderly Care), and Regions (Asia Pacific, North America, Europe, Latin America, and Middle East & Africa) Industry Analysis, Growth, Share, Size, Trends, and Forecast 2022-2030
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| Report ID :HC-4556
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| 165 Pages
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Report Description
The global medical bed market size is anticipated to expand at a CAGR of 6.1% and is projected to reach USD 5.27 billion during the forecast period, between 2021 and 2028. The growth in the healthcare industry is propelling the global medical bed market.
A medical bed, also known as a hospital bed or cot, is specially designed for hospitalized patients or some other healthcare need. These beds have special features such as adjustable height for the entire bed/head/feet, electronic buttons to operate both the bed & other nearby electronic devices, and adjustable side rails. Medical beds provide comfort to the patient and convenience for health care workers while handling. Medical beds provide effectiveness and support a total care program. Consumers with a wide range of medical issues such as spinal cord injuries, respiratory infections like pneumonia, and pressure ulcers (bedsores) can benefit from the medical bed.
Market Trends, Drivers, Restraints, and Opportunities:
- Rising government funding & investment to develop healthcare infrastructure is the factor boosting the market.
- Expansion of private hospitals increases the adoption of medical beds in private hospitals propelling the market.
- Increasing research to develop innovative ICU beds with cutting-edge features is fueling the market.
- High cost associated with specialty beds and continuous decline in the number of beds in hospitals is hindering the market.
- The rising trends of home care among consumers are creating opportunities in the market.
- Growing pediatric and geriatric populations suffering from serious diseases such as pneumonia and cancer. This increases the number of hospitalized patients requiring intensive care at home and in hospitals.
Scope of the report:
The report on the global medical bed market includes an assessment of the market, size, share, trends, segments, and regional markets. Overview and dynamics have been included in the report.
| Attributes | Details |
| Report Title | Medical Bed Market - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast |
| Base Year | 2021 |
| Historic Data | 2019–2020 |
| Forecast Period | 2022–2029 |
| Segmentation | Products (Acute Care Beds, MedSurg Beds, ICU Beds, Pediatric Beds, Birthing Beds, Long-term Care Beds, Psychiatric Care Beds, Bariatric Care Beds, and Others), Bed Types (Electric Beds, Semi-Electric Bed, and Manual Bed), Applications (Intensive Care and Non-Intensive), End-users (Hospitals, Home Care, and Elderly Care) |
| Regional Scope | Asia Pacific, North America, Latin America, Europe, and Middle East & Africa |
| Report Coverage | Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast |
| Key Players Covered in the Report | GE Digital, IBM, Microsoft, Siemens, SAP, Oracle, ANSYS, Inc, Bosch Sicherheitssysteme GmbH, Swim Inc, Mevea Ltd, PTC, and Rescale, Inc. |
Medical Bed Market Segment Insights:
ICU beds segment estimated to grow in the near future
In terms of products, the global Medical Bed market is categorized as acute care beds, MedSurg beds, ICU beds, pediatric beds, birthing beds, long-term care beds, psychiatric care beds, bariatric care beds, and others. The ICU beds segment is expected to hold a significant share of the market during the forecast period, due to technological innovation to develop ICU beds. The advanced ICU beds are coming with highly advanced features such as weight-based pressure redistribution in any bed position, continuous lateral rotation therapy, electrical bed retraction, patient repositioning support, and benefits for caregivers while treating patients. These factors are anticipated to propel the segment in the near future.
Electrical beds segment is likely to hold a substantial market share in the coming years
On the basis of bed types, the global medical bed market is divided into electric beds, semi-electric beds, and manual beds. The large enterprise segment constituted a significant market share and is projected to expand at a rapid rate during the forecast period, due to growing obesity rate across the globe. Electrical beds are essential medical equipment in bariatric care and the increasing adoption of electric beds in home care and elderly care is expected to support the growth of the segment during the forecast period.
Intensive care segment to grow at a significant pace in the near future
Based on applications, the global Medical Bed market is fragmented into intensive care and non-Intensive. The intensive care segment is projected to expand at a significant CAGR during the forecast period, rising prevalence of life-threatening diseases such as asthma and diabetes. Several benefits offered by medical beds while treating patients in intensive care such as better comfort, safety, enhanced and effective risk management, design to support infection control, and user-friendly, which aids in the growth of the intensive care segment.
Hospital segment is likely to hold a substantial market share in the coming years
On the basis of end-users, the global Medical Bed market is segregated into hospital, home care, and elderly care. The hospital segment constituted a significant market share and is projected to expand at a rapid rate during the forecast period, due to growing number of accidents leading to fatal injuries. Increasing incidence of chronic disease raises the high inflow of patients necessitating surgery in hospitals is fueling the market. Moreover, hospital visiting is highly preferred by patients due to the availability of a large number of skilled medical professionals in hospitals, which is projected to expand the segment during the forecast period.
Asia Pacific estimated to account for significant market share
In terms of regions, the global Medical Bed market is split into North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa. North America constituted a significant share of the market in 2020, due to favorable policies imposed by government. The market in North America is projected to expand at a significant CAGR during the forecast period due to the growing population and presence of well-established infrastructure. Moreover, expanding the number of public hospitals to provide comfortable & cost-effective treatment to patients increases the number of medical bed installations in hospitals, which is anticipated to boost the market in North America.
Segments
Products- Acute Care Beds
- MedSurg Beds
- ICU Beds
- Pediatric Beds
- Birthing Beds
- Long-term Care Beds
- Psychiatric Care Beds
- Bariatric Care Beds
- Others
- Electric Beds
- Semi-Electric Beds
- Manual Beds
- Intensive Care
- Non-Intensive
- Hospital
- Home Care
- Elderly Care
- North America
- Europe
- Latin America
- Asia Pacific
- Middle East & Africa
- Hill-Rom Services, Inc
- Invacare Corporation
- Stryker
- Medline Industries, LP
- LINET
- Stiegelmeyer GmbH & Co. KG
- Span America
- Malvestio Spa
- Amico Group of Companies
- ANTANO GROUP
Competitive Landscape
Key players in the global Medical Bed market include Hill-Rom Services, Inc, Invacare Corporation, Stryker, Medline Industries, LP, LINET, Stiegelmeyer GmbH & Co. KG, Span America, Malvestio Spa, Amico Group of Companies, ANTANO GROUP. These players engage in mergers & acquisitions, collaborations, agreements, and partnerships to strengthen their geographical presence.
Table Of Content
1. Executive Summary2. Assumptions and Acronyms Used
3. Research Methodology
4. Medical Bed Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Medical Bed Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Medical Bed Market - Supply Chain
4.5. Global Medical Bed Market Forecast
4.5.1. Medical Bed Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Medical Bed Market Size (000’ Units) and Y-o-Y Growth
4.5.3. Medical Bed Market Absolute $ Opportunity
5. Global Medical Bed Market Analysis and Forecast by Applications
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Applications
5.2.2. Y-o-Y Growth Projections by Applications
5.3. Medical Bed Market Size and Volume Forecast by Applications
5.3.1. Intensive Care
5.3.2. Non-Intensive
5.4. Absolute $ Opportunity Assessment by Applications
5.5. Market Attractiveness/Growth Potential Analysis by Applications
6. Global Medical Bed Market Analysis and Forecast by End Users
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by End Users
6.2.2. Y-o-Y Growth Projections by End Users
6.3. Medical Bed Market Size and Volume Forecast by End Users
6.3.1. Hospital
6.3.2. Home Care
6.3.3. Elderly Care
6.4. Absolute $ Opportunity Assessment by End Users
6.5. Market Attractiveness/Growth Potential Analysis by End Users
7. Global Medical Bed Market Analysis and Forecast by Region
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Region
7.2.2. Y-o-Y Growth Projections by Region
7.3. Medical Bed Market Size and Volume Forecast by Region
7.3.1. North America
7.3.2. Latin America
7.3.3. Europe
7.3.4. Asia Pacific
7.3.5. Middle East and Africa (MEA)
7.4. Absolute $ Opportunity Assessment by Region
7.5. Market Attractiveness/Growth Potential Analysis by Region
7.6. Global Medical Bed Demand Share Forecast, 2019-2026
8. North America Medical Bed Market Analysis and Forecast
8.1. Introduction
8.1.1. Basis Point Share (BPS) Analysis by Country
8.1.2. Y-o-Y Growth Projections by Country
8.2. North America Medical Bed Market Size and Volume Forecast by Country
8.2.1. U.S.
8.2.2. Canada
8.3. Absolute $ Opportunity Assessment by Country
8.4. North America Medical Bed Market Size and Volume Forecast by Applications
8.4.1. Intensive Care
8.4.2. Non-Intensive
8.5. Basis Point Share (BPS) Analysis by Applications
8.6. Y-o-Y Growth Projections by Applications
8.7. North America Medical Bed Market Size and Volume Forecast by End Users
8.7.1. Hospital
8.7.2. Home Care
8.7.3. Elderly Care
8.8. Basis Point Share (BPS) Analysis by End Users
8.9. Y-o-Y Growth Projections by End Users
8.10. Market Attractiveness/Growth Potential Analysis
8.10.1. By Country
8.10.2. By Product Type
8.10.3. By Application
8.11. North America Medical Bed Demand Share Forecast, 2019-2026
9. Latin America Medical Bed Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.1.3. Latin America Average Pricing Analysis
9.2. Latin America Medical Bed Market Size and Volume Forecast by Country
9.2.1. Brazil
9.2.2. Mexico
9.2.3. Rest of Latin America
9.3. Absolute $ Opportunity Assessment by Country
9.4. Latin America Medical Bed Market Size and Volume Forecast by Applications
9.4.1. Intensive Care
9.4.2. Non-Intensive
9.5. Basis Point Share (BPS) Analysis by Applications
9.6. Y-o-Y Growth Projections by Applications
9.7. Latin America Medical Bed Market Size and Volume Forecast by End Users
9.7.1. Hospital
9.7.2. Home Care
9.7.3. Elderly Care
9.8. Basis Point Share (BPS) Analysis by End Users
9.9. Y-o-Y Growth Projections by End Users
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.11. Latin America Medical Bed Demand Share Forecast, 2019-2026
10. Europe Medical Bed Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Europe Average Pricing Analysis
10.2. Europe Medical Bed Market Size and Volume Forecast by Country
10.2.1. Germany
10.2.2. France
10.2.3. Italy
10.2.4. U.K.
10.2.5. Spain
10.2.6. Russia
10.2.7. Rest of Europe
10.3. Absolute $ Opportunity Assessment by Country
10.4. Europe Medical Bed Market Size and Volume Forecast by Applications
10.4.1. Intensive Care
10.4.2. Non-Intensive
10.5. Basis Point Share (BPS) Analysis by Applications
10.6. Y-o-Y Growth Projections by Applications
10.7. Europe Medical Bed Market Size and Volume Forecast by End Users
10.7.1. Hospital
10.7.2. Home Care
10.7.3. Elderly Care
10.8. Basis Point Share (BPS) Analysis by End Users
10.9. Y-o-Y Growth Projections by End Users
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.11. Europe Medical Bed Demand Share Forecast, 2019-2026
11. Asia Pacific Medical Bed Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Asia Pacific Average Pricing Analysis
11.2. Asia Pacific Medical Bed Market Size and Volume Forecast by Country
11.2.1. China
11.2.2. Japan
11.2.3. South Korea
11.2.4. India
11.2.5. Australia
11.2.6. Rest of Asia Pacific (APAC)
11.3. Absolute $ Opportunity Assessment by Country
11.4. Asia Pacific Medical Bed Market Size and Volume Forecast by Applications
11.4.1. Intensive Care
11.4.2. Non-Intensive
11.5. Basis Point Share (BPS) Analysis by Applications
11.6. Y-o-Y Growth Projections by Applications
11.7. Asia Pacific Medical Bed Market Size and Volume Forecast by End Users
11.7.1. Hospital
11.7.2. Home Care
11.7.3. Elderly Care
11.8. Basis Point Share (BPS) Analysis by End Users
11.9. Y-o-Y Growth Projections by End Users
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.11. Asia Pacific Medical Bed Demand Share Forecast, 2019-2026
12. Middle East & Africa Medical Bed Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Middle East & Africa Average Pricing Analysis
12.2. Middle East & Africa Medical Bed Market Size and Volume Forecast by Country
12.2.1. Saudi Arabia
12.2.2. South Africa
12.2.3. UAE
12.2.4. Rest of Middle East & Africa (MEA)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Middle East & Africa Medical Bed Market Size and Volume Forecast by Applications
12.4.1. Intensive Care
12.4.2. Non-Intensive
12.5. Basis Point Share (BPS) Analysis by Applications
12.6. Y-o-Y Growth Projections by Applications
12.7. Middle East & Africa Medical Bed Market Size and Volume Forecast by End Users
12.7.1. Hospital
12.7.2. Home Care
12.7.3. Elderly Care
12.8. Basis Point Share (BPS) Analysis by End Users
12.9. Y-o-Y Growth Projections by End Users
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.11. Middle East & Africa Medical Bed Demand Share Forecast, 2019-2026
13. Competition Landscape
13.1. Global Medical Bed Market: Market Share Analysis
13.2. Medical Bed Distributors and Customers
13.3. Medical Bed Market: Competitive Dashboard
13.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
13.4.1. Hill-Rom Services, Inc
13.4.2. Invacare Corporation
13.4.3. Stryker
13.4.4. Medline Industries, LP
13.4.5. LINET
13.4.6. Stiegelmeyer GmbH & Co. KG
13.4.7. Span America
13.4.8. Malvestio
Methodology
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