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Hospital Bed Management Systems Market Forecast 2025-2034: Evaluating Growth Factors, Segments, and Emerging Trends
What Is the Forecasted Market Size and Growth Rate for the Hospital Bed Management Systems Market?The hospital bed management systems market will grow from $2.17 billion in 2024 to $2.39 billion in 2025, at a CAGR of 10.2%. The market is driven by aerospace industry demand, automotive lightweighting, renewable energy infrastructure development, and marine industry applications.
The Hospital Bed Management Systems market will grow to $3.48 billion by 2029 at a CAGR of 9.8%. Growth is attributed to advancements in manufacturing, renewable energy applications, and increasing demand in healthcare settings.
What Factors Are Propelling the Expansion of the Hospital Bed Management Systems Market?
The rise in hospitalizations is expected to drive the growth of the hospital bed management systems market. Hospitalization refers to admitting a patient to a hospital or healthcare facility for medical treatment, care, and monitoring. Hospital bed management systems are essential in this process, ensuring the effective and efficient allocation of beds and resources to patients requiring inpatient care. For example, in November 2022, the Centers for Disease Control and Prevention (CDC), a U.S.-based national public health agency, reported a 12% increase in ventilator-associated events (VAE), including a 12% rise in intensive care units (ICUs) and a 16% increase in non-ICUs. As a result, the rise in hospitalizations is propelling the growth of the hospital bed management systems market.
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Which Businesses Are at the Forefront of Hospital Bed Management Systems Market Development?
Major companies operating in the hospital bed management systems market report are McKesson Corporation, Oracle Corporation, SAP SE, Koninklijke Philips N.V., Stryker Corporation, GE Healthcare Technologies Inc., Infor Inc., Epic Systems Corporation, Getinge AB, Oracle Cerner, Veradigm Inc., Kronos Incorporated, Omnicell Inc., athenahealth Inc., Medical Information Technology Inc., CentralSquare Technologies LLC, Mcleod Health Services Inc., Egton Medical Information Systems Limited, CareCloud Corporation, Lyngsoe Systems A/S, Advanced Data Systems Corporation, PatientKeeper Inc., Siemens Healthcare GmbH, Central Logic Inc., LeanTaaS Inc., Terawe Corporation, TeleTracking Technologies Inc., The Access Group
What Are the Latest Innovations in the Hospital Bed Management Systems Market?
In the hospital bed management systems market, companies are adopting strategic partnerships to develop advanced solutions and maintain a competitive edge. For example, in August 2023, TeleTracking Technologies, a US-based company specializing in healthcare operations platforms, launched an electronic bed management system. This system automates bed turnover and patient placement, improving patient flow, reducing idle bed time, and enhancing efficiency through predictive analytics. Similarly, Maidstone and Tunbridge Wells NHS Trust implemented a bed management system to improve bed turnaround times and overall patient care.
How Is the Hospital Bed Management Systems Market Segmented?
The hospital bed management systems market covered in this report is segmented -
1) By Component: Services, Software
2) By Mode Of Delivery: On-Premise, Cloud-Based
3) By Hospital Bed Management Systems Type: Acute Care Bed, Critical Care Bed, Long-Term Care Bed, Other Types
4) By End User: Hospitals, Ambulatory Surgical Centers, Other End Users
Subsegments:
1) By Services: Consulting Services, Implementation Services, Training And Support Services
2) By Software: Bed Management Software, Patient Flow Management Software, Bed Occupancy And Allocation Software, Reporting And Analytics Software
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Where Is the Hospital Bed Management Systems Market Growth Most Prominent?
North America was the largest region in the hospital bed management systems market in 2024. The regions covered in the hospital bed management systems market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
What Is Covered In The Hospital Bed Management Systems Global Market Report?
- Market Size Analysis: Analyze the Hospital Bed Management Systems Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Hospital Bed Management Systems Market for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Hospital Bed Management Systems Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Hospital Bed Management Systems Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
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