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Hospital Bed Management Systems Industry Report 2025-2034: Market Dynamics, Trends, And Forecasts
The Hospital Bed Management Systems Market Report by The Business Research Company delivers a detailed market assessment, covering size projections from 2025 to 2034. This report explores crucial market trends, major drivers and market segmentation by [key segment categories].What Is the Expected Hospital Bed Management Systems Market Size During the Forecast Period?
In recent times, there has been a significant increase in the market size of hospital bed management systems. This market is projected to expand from $2.17 billion in 2024 to $2.39 billion in 2025, demonstrating a compound annual growth rate (CAGR) of 10.2%. The growth witnessed in the previous periods can be linked to several factors including demand from the aerospace industry, lightweighting initiatives in the automotive sector, the development of renewable energy infrastructure, applications in the marine industry, and equipment for sports and leisure.
Rapid expansion is predicted for the hospital bed management systems market in the near future, with its valuation expected to reach $3.48 billion by 2029, growing at a compound annual growth rate (CAGR) of 9.8%. The impetus for this growth during the forecast period is likely due to progress in the electric vehicle industry, the burgeoning wind energy sector, ambitious infrastructure restoration projects, heightened emphasis on sustainable construction, and applications in the healthcare sector. The forecast period will also see significant trends such as advancements in manufacturing technologies, innovative material compositions, a growing range of applications in the renewable energy sector, market expansion in construction and infrastructure, and increased uptake in automobile production.
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What Are the High-Growth Segments in the Hospital Bed Management Systems Market?
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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What Key Drivers Are Expected to Influence Future Hospital Bed Management Systems Market Growth?
The upsurge in hospital admissions is predicted to fuel the expansion of the market for hospital bed management systems. The term hospitalization is associated with the admission of a patient to a hospital or a medical facility for the purpose of receiving medical attention, supervision, and care. The use of hospital bed management systems in the admission process allows for the smart and effective dispatch of hospital beds and resources to patients needing inpatient treatment. For example, the HAI (Healthcare-Associated Infections) Progress Report that was released by the Centers for Disease Control and Prevention (CDC), a national public health agency in the US, in November 2022 showcased a 12% rise in overall ventilator-related events (VAE), including a 12% upswing in intensive care units (ICUs), and a 16% bump in non-ICUs. Therefore, the growth of the hospital bed management systems market is being spurred by the rise in hospital admissions. Hospital Bed Management Systems Market Driver: Growth of the Market is being fueled by the escalation in expenditure on Healthcare.
Which Companies Hold the Largest Share Across Different Hospital Bed Management Systems Market Segments?
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 Developing Trends in the Hospital Bed Management Systems Market?
Leading entities in the hospital bed management systems market are aiming for strategic partnerships as a means to create superior solutions and get ahead in the competition. A strategic partnership is a cooperative pact between two or more organizations with the intent of accomplishing shared beneficial goals otherwise hard or impossible to achieve individually. For example, in August 2023, TeleTracking Technologies, a firm from the US with expertise in healthcare operations platforms, introduced electronic bed management systems, offering a comprehensive approach that delivers real-time data on bed occupancy and patient conditions with the goal of improving patient flow and capacity management by automating processes like bed rotation and patient allocation, reducing the time beds remain unused, and promoting efficiency. The use of predictive analytics helps foresee future requirements for beds, allowing hospitals to plan their resources accordingly. Improved inter-departmental communication helps avoid delays and congestion, providing prompt and suitable care for patients and therefore enhancing their overall experience. Similarly, Maidstone and Tunbridge Wells NHS Trust deployed a new bed management system that greatly advanced bed reuse times and patient care. These methods streamline correspondence across departments, lower waiting periods and improve the overall functionality of hospitals.
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What Are the Emerging Geographies for The Hospital Bed Management Systems Market Growth?
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.
Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Hospital Bed Management Systems Market?
2. What is the CAGR expected in the Hospital Bed Management Systems Market?
3. What Are the Key Innovations Transforming the Hospital Bed Management Systems Industry?
4. Which Region Is Leading the Hospital Bed Management Systems Market?
Why This Report Matters:
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