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Comprehensive Medical Bed Market Insights: Forecasting Size, Growth, and Competitive Trends from 2025 to 2034
What Is the Future Outlook for the Medical Bed Market's Size and Growth Rate?The medical bed market has grown strongly in recent years, expected to rise from $4.11 billion in 2024 to $4.42 billion in 2025, at a CAGR of 7.5%. Growth drivers include the aging population, rising prevalence of chronic diseases, advancements in healthcare infrastructure, higher healthcare expenditure, and bariatric patient care needs.
The medical bed market is expected to grow to $5.84 billion by 2029 at a CAGR of 7.2%. This is driven by an increasing focus on patient safety and comfort, global pandemic preparedness, and rising surgical procedures. Trends include advancements in technology, medical tourism, regulatory compliance, and telemedicine adoption.
What Is Stimulating Growth in the Medical Bed Market?
The rise in hospital admissions due to chronic diseases is expected to propel the growth of the medical bed market. Medical beds play a crucial role in patient care, providing comfort and safety during hospital stays. NHS Digital reported in 2023 that the number of Finished Admission Episodes (FAEs) in England reached 17.6 million, a 7.1% increase from the previous year. Additionally, with chronic conditions like allergies affecting millions, the demand for medical beds will continue to rise.
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Which Key Market Leaders Are Driving Medical Bed Industry Growth?
Major companies operating in the medical bed market report are Mediline Industries Inc., Stryker Corporation, Getinge AB, Arjo., Paramount Bed Holdings Co., Invacare Corporation, Linet spol. s r.o., Favero Health Projects SpA, Joerns Healthcare LLC, Stiegelmeyer GmbH & Co. KG, Amico Group of Companies., GF Health Products Inc., Umano Medical Inc., Merivaara, Malvestio SpA, Zhangjiagang Medi Medical Equipment, Gendron Inc., American Medical Equipment., Antano Group srl, Besco Medical, Medical Depot Inc., Mobility Aids Sales and Services, ProBed Medical Technologies, Transfer Master Products Inc., Anyang Top Medical Devices Co. Ltd.
What Are the Major Trends Shaping the Medical Bed Market?
In the medical bed market, prominent companies are developing products like smart connected beds to better serve patients. These beds integrate advanced technologies such as AI-powered sensors to monitor patient health, improve care efficiency, and boost safety. For example, in August 2022, Dozee, an India-based connected health device maker, partnered with Midmark India, a hospital bed manufacturer, to launch the Dozee Smart Connected Bed. This bed incorporates Dozee's AI-powered, contactless sensor to monitor vital health parameters like heart rate, temperature, and oxygen saturation, offering an early warning system for timely intervention. The bed integrates with a hospital's central command center, enhancing patient care.
What Are the Main Segments in the Medical Bed Market?
The medical bed market covered in this report is segmented -
1) By Type: Electric Medical Beds, Semi Electric Medical Beds, Manual Medical Beds
2) By Usage: Intensive Care, Non-intensive Care
3) By End-User: Hospitals, Home Care Settings, Rehabilitation Centers, Other End-Users
Subsegments:
1) By Electric Medical Beds: Full Electric Beds, Adjustable Electric Beds
2) By Semi Electric Medical Beds: Adjustable Head And Foot Sections, Manual Adjustment Options
3) By Manual Medical Beds: Fixed Manual Beds, Basic Adjustable Manual Beds
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Which Geographic Area Leads the Medical Bed Market?
North America was the largest region in the medical bed market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the medical bed market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
What Is Covered In The Medical Bed Global Market Report?
- Market Size Analysis: Analyze the Medical Bed Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Medical Bed 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 Medical Bed Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Medical Bed Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
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