Global Hospital Beds Market by Type (Electric Beds, Semi-Electric Beds, Manual Beds), By Application (Intensive Care, Non-Intensive Care), By End-User (Hospitals, Home Care Settings, Elderly Care Facilities), By Geographic Scope and Forecast
Report ID: 303313|No. of Pages: 202
Global Hospital Beds Market by Type (Electric Beds, Semi-Electric Beds, Manual Beds), By Application (Intensive Care, Non-Intensive Care), By End-User (Hospitals, Home Care Settings, Elderly Care Facilities), By Geographic Scope and Forecast
Global Hospital Beds Market Size and Forecast
The Global Hospital Beds Market was valued at 23.19 USD Billion in 2024 and is projected to reach USD 33.2 Billion by 2031, growing at a CAGR of 5.06% from 2024 to 2031.
- Hospital beds are specially designed beds for hospitalized patients or others in need of some form of health care, offering features like adjustable height, movable side rails and articulating sections.
- The market serves various healthcare settings, including hospitals, home care environments and elderly care facilities, offering solutions for both intensive and non-intensive care applications.
- The future of the hospital beds market is shaped by increasing healthcare expenditure, rising prevalence of chronic diseases, growing aging population and technological advancements in bed designs.
Global Hospital Beds Market Dynamics
The key market dynamics that are shaping the global hospital beds market include:
Key Market Drivers:
- Aging Population: The global increase in the elderly population is significantly driving the demand for hospital beds, especially in long-term care facilities and home care settings. This demographic shift necessitates specialized beds that cater to the unique needs of older adults.
- Rising Prevalence of Chronic Diseases: The growing incidence of chronic diseases, such as diabetes and heart conditions, which require long-term care or frequent hospitalizations, is boosting the demand for hospital beds. Healthcare facilities need to accommodate patients with complex needs for effective treatment.
- Technological Advancements: Innovations in hospital bed design, including smart beds equipped with integrated patient monitoring systems, are driving market growth. These advancements enhance patient care by enabling real-time monitoring, improving safety and allowing healthcare professionals to respond quickly to patient needs.
- Increasing Healthcare Expenditure: Growing healthcare spending in both developed and developing countries is facilitating the adoption of advanced hospital beds. Increased investment in healthcare infrastructure supports the expansion of healthcare facilities, ensuring that they are equipped to provide quality care for patients.
Key Challenges:
- High Costs: The significant costs associated with advanced hospital beds, particularly electric and smart beds, can limit their adoption in resource-constrained healthcare settings. Budget constraints in these facilities often prevent them from investing in high-tech solutions despite their benefits.
- Maintenance and Repair Issues: Regular maintenance requirements and potential breakdowns of complex bed systems pose considerable challenges for healthcare facilities. These issues can lead to increased operational costs and downtime, which ultimately affect patient care and hospital efficiency.
- Reimbursement Policies: Varying reimbursement policies for hospital beds across different regions can significantly impact market growth and adoption rates. Inconsistent coverage and reimbursement rates may deter healthcare providers from investing in advanced bed technologies, limiting their availability to patients.
- Infection Control Concerns: Ensuring proper disinfection and maintenance of hospital beds to prevent healthcare-associated infections remains a persistent challenge for healthcare providers. Strict infection control protocols must be implemented to safeguard patient health and reduce the risk of hospital-acquired infections.
Key Trends:
- Smart Beds with Integrated Technology: There is a growing trend toward smart hospital beds that are equipped with advanced sensors, monitoring capabilities and connectivity features. These innovations enhance patient care by providing real-time data, improving workflow efficiency and facilitating timely medical interventions.
- Emphasis on Pressure Ulcer Prevention: Hospital bed manufacturers are increasingly prioritizing designs that help prevent pressure ulcers, a common concern for long-term bed-ridden patients. These innovative beds include features such as adjustable pressure settings and specialized surfaces that promote better circulation and skin health.
- Lightweight and Portable Designs: The demand for easily transportable hospital beds is rising, particularly in home care settings and emergency response situations. Lightweight designs allow for quick and efficient transport, ensuring patients receive the necessary care promptly in various environments.
- Sustainability Initiatives: There is an increasing focus on developing eco-friendly hospital beds using sustainable materials and energy-efficient designs. Manufacturers are striving to reduce their environmental impact while still providing durable, high-quality products that meet the evolving needs of healthcare facilities.
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Global Hospital Beds Market Regional Analysis
Here is a more detailed regional analysis of the global hospital beds market:
North America:
- According to Verified Market Research, North America is expected to dominate the Global hospital beds market.
- North America is expected to hold a significant share in the Global hospital beds market due to its advanced healthcare infrastructure and high healthcare expenditure.
- The United States is a major contributor to market growth, driven by the presence of leading hospital bed manufacturers and a large patient population requiring long-term care.
- The region’s focus on reducing hospital-acquired infections and improving patient comfort is driving the adoption of advanced hospital bed technologies.
- Canada’s universal healthcare system and increasing investments in healthcare infrastructure are also contributing to the expansion of the hospital beds market in the region.
Europe:
- According to Verified Market Research, Europe is the fastest growing region in Global hospital beds market.
- Europe represents a substantial market for hospital beds, driven by the region’s aging population and well-established healthcare systems.
- Countries like Germany, France and the UK are key contributors to market growth, with their emphasis on improving healthcare facilities and patient care quality.
- The region’s stringent regulations regarding medical devices and patient safety are influencing the development of innovative and safe hospital bed designs.
- There is a growing trend towards home healthcare services in Europe, driving demand for specialized hospital beds suitable for home care settings.
Global Hospital Beds Market: Segmentation Analysis
The Global Hospital Beds Market is segmented on the basis of Type, Application, End-User and Geography.
Global Hospital Beds Market, by Service Type
- Electric Beds
- Semi-Electric Beds
- Manual Beds
Based on Type, the Global Hospital Beds Market is divided into Electric Beds, Semi-Electric Beds and Manual Beds segments. The Electric Beds segment currently dominates the market due to its advanced features, including programmable settings, adjustable positions and remote controls, which enhance patient comfort and caregiver efficiency. These beds allow for easy adjustments to accommodate various medical needs and facilitate effective patient care. The Semi-Electric Beds segment is expected to show significant growth during the forecast period, offering a balance between functionality and cost-effectiveness. This segment provides essential adjustments, such as head and foot elevation, while maintaining affordability, making it an appealing choice for many healthcare facilities seeking to optimize their budgets without compromising patient care.
Global Hospital Beds Market, by Application
- Intensive Care
- Non-Intensive Care
Based on Application, the Global Hospital Beds Market is categorized into Intensive Care and Non-Intensive Care segments. The Intensive Care segment currently leads the market due to the high demand for specialized beds in critical care units, where advanced patient monitoring capabilities and adjustable features are essential for managing severely ill patients. These beds are designed to accommodate complex medical equipment and provide optimal support for patients requiring constant observation and treatment. However, the Non-Intensive Care segment is expected to show steady growth, driven by the increasing need for long-term care beds in general wards and specialized care facilities, such as rehabilitation centers and nursing homes.
Global Hospital Beds Market, by End-User
- Hospitals
- Home Care Settings
- Elderly Care Facilities
Based on End-User, the Global Hospital Beds Market is segmented into Hospitals, Home Care Settings and Elderly Care Facilities. The Hospitals segment currently dominates the market due to the large patient volume and the need for a variety of bed types to cater to different departments. However, the Home Care Settings segment is expected to show the fastest growth during the forecast period, driven by the increasing trend towards home healthcare and the rising elderly population preferring care at home.
Global Hospital Beds Market, by Geography
- North America
- Europe
- Asia-Pacific
- Latin America
- Middle East & Africa
Based on Geography, the Global Hospital Beds Market is divided into North America, Europe, Asia-Pacific, Latin America and the Middle East and Africa. North America leads the market, driven by advanced healthcare infrastructure, high healthcare expenditure and early adoption of innovative medical technologies. Europe follows closely, with a strong focus on patient care quality and an aging population. Asia-Pacific is the fastest-growing region, fueled by improving healthcare access, rising healthcare expenditure and a large patient population.
Key Players
The Global Hospital Beds Market study report will provide valuable insight with an emphasis on the global market. The major players in the Hospital Beds Market include Hill-Rom Holdings, Inc., Stryker Corporation, Invacare Corporation, Getinge AB, Paramount Bed Holdings Co., Ltd., Medline Industries, Inc., Joerns Healthcare LLC, Stiegelmeyer GmbH & Co. KG, LINET Group SE and Gendron, Inc.
Our market analysis also entails a section solely dedicated to such major players wherein our analysts provide an insight into the financial statements of all the major players, along with its product benchmarking and SWOT analysis. The competitive landscape section also includes key development strategies, market share and market ranking analysis of the above- mentioned players globally.
Hospital Beds Market Recent Developments
- In January 2024, Hill-Rom Holdings, Inc. launched a new smart hospital bed with integrated AI-powered fall prevention technology, designed to reduce patient falls and improve overall safety in healthcare settings.
- In April 2024, Stryker Corporation announced a strategic partnership with a leading IoT company to develop connected hospital bed solutions, enabling real-time patient monitoring and data analytics for improved care management.
Report Scope
| REPORT ATTRIBUTES | DETAILS |
|---|---|
| STUDY PERIOD | 2021-2031 |
| BASE YEAR | 2024 |
| FORECAST PERIOD | 2024-2031 |
| HISTORICAL PERIOD | 2021-2023 |
| UNIT | Value (USD Billion) |
| KEY COMPANIES PROFILED | Hill-Rom Holdings, Inc., Stryker Corporation, Invacare Corporation, Getinge AB, Paramount Bed Holdings Co., Ltd., Medline Industries, Inc., Joerns Healthcare LLC, Stiegelmeyer GmbH & Co. KG, LINET Group SE and Gendron, Inc. |
| SEGMENTS COVERED | By Type, By Application, By End-User and By Geography. |
| CUSTOMIZATION SCOPE | Free report customization (equivalent to up to 4 analyst’s working days) with purchase. Addition or alteration to country, regional & segment scope. |
Research Methodology of Verified Market Research:
To know more about the Research Methodology and other aspects of the research study, kindly get in touch with our Sales Team at Verified Market Research.
Reasons to Purchase this Report
• Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors
• Provision of market value (USD Billion) data for each segment and sub-segment
• Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market
• Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
• Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled
• Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players
• The current as well as the future market outlook of the industry with respect to recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions
• Includes in-depth analysis of the market of various perspectives through Porter’s five forces analysis
• Provides insight into the market through Value Chain
• Market dynamics scenario, along with growth opportunities of the market in the years to come
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Frequently Asked Questions
1 INTRODUCTION OF THE GLOBAL HOSPITAL BEDS MARKET
1.1 Market Definition
1.2 Market Segmentation
1.3 Research Timelines
1.4 Assumptions
1.5 Limitations
2 RESEARCH METHODOLOGY OF VERIFIED MARKET RESEARCH
2.1 Data Mining
2.2 Data Triangulation
2.3 Bottom-Up Approach
2.4 Top-Down Approach
2.5 Research Flow
2.6 Key Insights from Industry Experts
2.7 Data Sources
3 EXECUTIVE SUMMARY
3.1 Market Overview
3.2 Ecology Mapping
3.3 Absolute Market Opportunity
3.4 Market Attractiveness
3.5 Global Hospital Beds Market Geographical Analysis (CAGR %)
3.6 Global Hospital Beds Market, By Type (USD Million)
3.7 Global Hospital Beds Market, By Power (USD Million)
3.8 Global Hospital Beds Market, By End Users (USD Million)
3.9 Future Market Opportunities
3.10 Global Market Split
3.11 Product Life Line
4 GLOBAL HOSPITAL BEDS MARKET OUTLOOK
4.1 Global Hospital Beds Evolution
4.2 Drivers
4.2.1 Driver 1
4.2.2 Driver 2
4.3 Restraints
4.3.1 Restraint 1
4.3.2 Restraint 2
4.4 Opportunities
4.4.1 Opportunity 1
4.4.2 Opportunity 2
4.5 Porters Five Force Model
4.6 Value Chain Analysis
4.7 Pricing Analysis
4.8 Macroeconomic Analysis
5 GLOBAL HOSPITAL BEDS MARKET, BY TYPE
5.1 Overview
5.2 Acute Care
5.3 Long-Term Care
5.4 Psychiatric Care
5.5 Others
6 GLOBAL HOSPITAL BEDS MARKET, BY POWER
6.1 Overview
6.2 Electric
6.3 Semi-Electric
6.4 Manual
7 GLOBAL HOSPITAL BEDS MARKET, BY END USERS
7.1 Overview
7.2 Hospitals
7.3 Clinics
7.4 Ambulatory
8 GLOBAL HOSPITAL BEDS MARKET, BY GEOGRAPHY
8.1 Overview
8.2 North America
8.2.1 U.S.
8.2.2 Canada
8.2.3 Mexico
8.3 Europe
8.3.1 Germany
8.3.2 U.K.
8.3.3 France
8.3.4 Italy
8.3.5 Spain
8.3.6 Rest of Europe
8.4 Asia Pacific
8.4.1 China
8.4.2 Japan
8.4.3 India
8.4.4 Rest of Asia Pacific
8.5 Latin America
8.5.1 Brazil
8.5.2 Argentina
8.5.3 Rest of Latin America
8.6 Middle-East and Africa
8.6.1 UAE
8.6.2 Saudi Arabia
8.6.3 South Africa
8.6.4 Rest of Middle-East and Africa
9 GLOBAL HOSPITAL BEDS MARKET COMPETITIVE LANDSCAPE
9.1 Overview
9.2 Company Market Ranking
9.3 Key Developments
9.4 Company Regional Footprint
9.5 Company Industry Footprint
9.6 ACE Matrix
10 COMPANY PROFILES
10.1 Amico Corporation
10.1.1 Company Overview
10.1.2 Company Insights
10.1.3 Product Benchmarking
10.1.4 Key Development
10.1.5 Winning Imperatives
10.1.6 Current Focus & Strategies
10.1.7 Threat from Competition
10.1.8 SWOT Analysis
10.2 Malvestio Spa
10.2.1. Overview
10.2.2. Financial Performance
10.2.3. Product Outlook
10.2.4. Key Developments
10.3 Stryker Corporation
10.3.1. Overview
10.3.2. Financial Performance
10.3.3. Product Outlook
10.3.4. Key Developments
10.4 Hill-Rom Holding, Inc.
10.4.1. Overview
10.4.2. Financial Performance
10.4.3. Product Outlook
10.4.4. Key Developments
10.5 Getinge AB
10.5.1. Overview
10.5.2. Financial Performance
10.5.3. Product Outlook
10.5.4. Key Developments
10.6 Invacare Corporation
10.6.1. Overview
10.6.2. Financial Performance
10.6.3. Product Outlook
10.6.4. Key Developments
10.7 Paramount Bed Holdings Co., Ltd.
10.7.1. Overview
10.7.2. Financial Performance
10.7.3. Product Outlook
10.7.4. Key Developments
10.8 Stiegelmeyer GmbH & Co. KG
10.8.1. Overview
10.8.2. Financial Performance
10.8.3. Product Outlook
10.8.4. Key Developments
10.9 Medline Industries, LP
10.9.1. Overview
10.9.2. Financial Performance
10.9.3. Product Outlook
10.9.4. Key Developments
10.10 Joerns Healthcare LLC
10.10.1. Overview
10.10.2. Financial Performance
10.10.3. Product Outlook
10.10.4. Key Developments
11 VERIFIED MARKET INTELLIGENCE
11.1 About Verified Market Intelligence
11.2 Dynamic Data Visualization
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Data Collection Matrix
| Perspective | Primary Research | Secondary Research |
|---|---|---|
| Supplier side |
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Econometrics and data visualization model
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We assign different weights to the above parameters. This way, we are empowered to quantify their impact on the market’s momentum. Further, it helps us in delivering the evidence related to market growth rates.
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Industry Analysis Matrix
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