Press release
Hospital Bed Market size is expected to reach USD 20.57 Bn by 2030, as per Maximize Market research
Hospital Bed Market was valued at USD 13.77 Bn in 2023 and is expected to reach USD 20.57 Bn by 2030, at a CAGR of 5.9% during a forecast period.Hospital Bed Market Overview
The hospital bed market refers to the production and distribution of beds, specially designed for patient care. These beds are utilised in hospitals, clinics, and nursing homes. The hospital beds are engineered to enhance patient comfort, facilitate medical procedures, and ensure safety during recovery.
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The increased geriatric population on a global scale has resulted in prevalence of chronic diseases. This necessitates longer hospital stay, driving the demand in hospital bed market. The technological advancements in the field of hospital beds including electric, semi-electric, beds with monitoring systems, and also beds designed for specific medical conditions have led to enhanced patient care and operational efficiency. This coupled with expanding healthcare sector in emerging economies have been a driving force in the hospital bed market.
The high cost of hospital beds, especially with integrated technologies are challenging the hospital bed markets growth. The technologically advanced beds also demand regular maintenance and are resource intense, which restricts the hospital bed markets growth further.
The hospital beds catered to home healthcare and cost-effective products targeted for emerging economies will provide ample opportunities in the hospital bed market.
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The market for hospital beds in the APAC region is projected to experience the highest growth rate. This pertains to the expanding medical tourism industry, increasing chronic illness rates, an aging demographic, and continuously advancing healthcare systems. As per the IDF, 11.3% of the total population in Southeast Asia, which corresponds to 87.6 million individuals, had diabetes in 2021, with projections indicating an increase to 12.6% by 2045.
Recent News about Hospital Bed market
11/7/2024 Cyprus amongst countries with lowest number of hospital beds
14/7/2024 Number of per capita hospital beds in Ireland is 5th lowest in EU
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Hospital Bed Market Segmentation
by Type
Acute Care
Long-Term Care
Psychiatric and Bariatric Care
Others (Maternity and Rehabilitative Beds)
by Power
Electric Beds
Semi-Electric Beds
Manual Beds
by End User
Hospitals
Clinics
Ambulatory Clinics
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Hospital Bed Market Key Players
1. Invacare Corporation
2. Linet Spol. S R.O
3. Paramount Beds Holdings
4. Hill-Rom Holdings
5. Stryker Corporation
6. Joh. Stiegelmeyer GmBH & Co. KG
7. Gendron Inc.
8. Medline Industries, Inc.
9. Getinge AB
10. Joerns Healthcare LLC
11. ArjoHuntleigh
12. Span-America Medical Systems, Inc.
13. Malvestio S.P.A.
14. Merivaara Corp.
15. Savaria Corporation
16. Antano Group S.R.L.
17. Savion Industries Ltd.
18. Amico Corporation
19. Midmark Corporation
20. Besco Medical Co. Ltd.
Key questions answered in the Hospital Bed Market are:
• What segments are covered in the Global Hospital Bed Market report?
• Which region is expected to hold the highest share in the Global Hospital Bed Market?
• What is the market size of the Global Hospital Bed Market by 2030?
• What is the forecast period for the Global Hospital Bed Market?
Key Offerings:
• Past Hospital Bed Market Size and Competitive Landscape (2018 to 2022)
• Past Pricing and price curve by region (2018 to 2022)
• Market Size, Share, Size & Forecast by Different Segment | 2024-2030
• Hospital Bed Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by Region
• Market Segmentation - A detailed analysis by segment with their sub-segments and Region
• Competitive Landscape - Profiles of selected key players by region from a strategic perspective
o § Competitive landscape - Hospital Bed Market Leaders, Market Followers, Regional player
o § Competitive benchmarking of key players by region
• PESTLE Analysis
• PORTER's analysis
• Value chain and supply chain analysis
• Legal Aspects of Business by Region
• Lucrative business opportunities with SWOT analysis
• Recommendations
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About Maximize
Maximize Market Research is a global market research and consulting company that provides businesses with insights to foster their growth and competitive advantage. The company specializes in delivering actionable and data-driven research reports tailored to help organizations make informed decisions. With a team of experienced analysts and consultants, Maximize Market Research offers expertise across multiple industries, including healthcare, technology, manufacturing, consumer goods, and more.
Their services cover market sizing, forecasting, competitive analysis, and customer insights, helping clients to address their strategic needs and identify emerging trends. The company emphasizes client success, offering detailed analysis and recommendations that support business transformation and operational excellence.
Maximize Market Research also provides custom research services, allowing businesses to get solutions specific to their market challenges. With a strong global presence, the company serves clients from various sectors, ensuring they stay ahead in a rapidly evolving market landscape.
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