Press release
Smart Hospitals Bed Market Historical Analysis, Current Market Scenario and the Potential of the Market till 2030
The Smart Hospitals Bed Market size is expected to reach US$ 1,49711 million by 2030 from US$ 526.28 million in 2022; it is estimated to record a CAGR of 14.0% from 2022 to 2030.The latest innovations or upgrades in products encourage healthcare facilities to adopt new technologies. Governments are putting efforts into enhancing their healthcare infrastructure by providing funds to build hospitals that are equipped with state-of-the-art technologies. A few of the latest developments by governments and companies in the smart hospital beds market are mentioned below.
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Analysis of the Top Market Players:
1. Hill-Rom Holdings Inc
2. Stryker Corp
3. B. Braun SE
4. Arjo AB
5. Invacare Corp
6. Paramount Bed Co Ltd
7. Linet Spl
8. Malvestio SpA
9. Stiegelmeyer GmbH & Co. KG
10. Umano Medical Inc.
In this report, the market has been segmented on the basis of:
Patient Weight (Less than 70 lb, 70-150 lb, 150-400 lb, 400-500 lb, and Greater than 500 lb)
Offering (Products & Accessories, Software & Solutions, and Patient Weight)
Application (Fall Prevention, Pressure Injury Prevention, Patient Deterioration & Monitoring, and Others)
End User (Hospitals, Clinics & Nursing Homes, Ambulatory Surgical Centers, Medical Laboratories, Long Term Care Centers, and Others), and Geography
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In February 2023, Stryker launched SmartMedic, the first ICU bed upgrade platform introduced in India, to enhance patient care and caregivers' safety.
In August 2022, Dozee partnered with Midmark India, one of the largest hospital bed manufacturers in South Asia, and launched a connected bed platform for non-ICU settings. The AI-powered contactless sensor from Dozee is integrated into the bed and is placed under the mattress to detect a patient's vital signs, including heart and respiration rates, temperature, oxygen saturation, and electrocardiogram (ECG).
In February 2021, Hillrom acquired contact-free continuous monitoring technology from EarlySense at a value of US$ 30 million to strengthen its Centrella Smart+Bed designed to monitor heart and respiratory rates that are above 100 units per minute. The enablement by EarlySense technology allows Centrella Smart beds to send potential alerts to clinicians about the deterioration of patients' health.
In October 2020, the President of the UK confirmed to provide funding to 40 hospitals under the Health Infrastructure Plan (HIP) in the country. The President assigned funds of US$ 3 billion (Β£3.7 billion) for the first 40 hospitals to be built by 2030. In addition, 8 more schemes were committed to funding 48 hospitals by 2030.
In October 2020, Stryker launched its ProCurity, a fully wireless hospital bed. ProCurity is a smart bed designed ergonomically with a height of 11.5 inches to prevent or reduce in-hospital patient falls at all acuity levels. The beds have easy-to-use touchscreens and bed monitoring systems. The ProCurity smart beds are meant to improve the safety of patients, enhance the work efficiency of nursing staff, and lower the operating costs of hospitals. In February 2021, Stryker launched the safe, smart, and scalable ProCuity Bed Series, which is made available in 70 countries worldwide.
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