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Hospital Beds Market, Size, Segmentation, Opportunities, Trends, Growth and Industry Forecast To 2022


Overview:

A hospital bed is specifically created for hospitalized patients or others in need of some form of assistance and relief. The special features possessed by these beds are for both the comfort and well-being of patients and for the convenience of health care workers. The key features of hospital beds are the height for the entire bed, the feet, and the head is adjustable. The side rails are also adjustable along with electronic buttons to operate both the bed and other electronic devices around the bed. Wheeled hospital beds help to facilitate patient’s easy transfer and adjustable side rails aid to ensure that patients do not fall off the bed. The segmentation of global hospital beds market comprises type of beds, technology, end users and geography. Hospital beds market is segmented as home care beds, general purpose beds, ICU beds, pediatric beds, bariatric beds, bathing beds respiratory beds, and pressure relief beds. On the basis of technology hospital beds are segmented as powered and manual; powered beds comprises of semi-electrical and electrical beds. The end-users involved in hospital beds market are home care, hospitals, ambulatory care, and elderly home.

The key factors attributing the market growth of hospital beds include rising prevalence of chronic diseases, aging population, mounting number of hospitalization cases and ongoing technological advancements in hospital equipments market. In case of developing countries from Asia-Pacific and Latin America the major factors driving the hospital beds market are improved healthcare infrastructure, growing middle class income and increasing investment and advancement in healthcare sector. The major trend to be seen in the future will be the rising demand for the advanced and selective features of hospital beds. Moreover, growing number of new and advanced hospitals in emerging economies of the world will drive the demand for hospital beds in the forecast years.

 

Key Players Identified for Hospital Beds Market Include but are Not Limited to:

Hill-Rom Holdings, Inc., Stryker Corporation, Invacare Corporation, ArjoHuntleigh, Medline Industries Inc., Gendron Inc., Paramount Bed Co., Ltd., Span-America Medical Systems Inc., Savion Industries Ltd., LINET spol. s r.o., BaKare Beds, Ltd. and others.

This report offers:

  • An overview of the global markets for hospital beds
  • Market trends assessment for the period 2014-2022, with historical information for 2014 & 2015, and projections through 2022, with respective CAGRS during 2016-2022
  • Qualitative assessment tools such as market drivers, challenges and opportunities
  • Market competition scrutiny tools such as market share analysis, fractal map assessment, Porter’s Five Forces model
  • Focus on each level of market segmentation based on product approvals, launch, and current and anticipated market dynamics.
  • A general overview of the industry structure
  • Company profiles highlighting key information about the major players operating in the hospital beds market

Historical & Forecast Period

This study report represents analysis of each segment from 2020 to 2030 considering 2021 as the base year. Compounded Annual Growth Rate (CAGR) for each of the respective segments estimated for the forecast period of 2022 to 2030.

The current report comprises of quantitative market estimations for each micro market for every geographical region and qualitative market analysis such as micro and macro environment analysis, market trends, competitive intelligence, segment analysis, porters five force model, top winning strategies, top investment markets, emerging trends and technological analysis, case studies, strategic conclusions and recommendations and other key market insights.

Research Methodology

The complete research study was conducted in three phases, namely: secondary research, primary research, and expert panel review. key data point that enables the estimation of Hospital Beds market are as follows:

  • Research and development budgets of manufacturers and government spending
  • Revenues of key companies in the market segment
  • Number of end users and consumption volume, price and value.
  • Geographical revenues generate by countries considered in the report
  • Micro and macro environment factors that are currently influencing the Hospital Beds market and their expected impact during the forecast period.

Market forecast was performed through proprietary software that analyzes various qualitative and quantitative factors. Growth rate and CAGR were estimated through intensive secondary and primary research. Data triangulation across various data points provides accuracy across various analyzed market segments in the report. Application of both top down and bottom-up approach for validation of market estimation assures logical, methodical and mathematical consistency of the quantitative data.

ATTRIBUTE DETAILS
Research Period  2020-2030
Base Year 2021
Forecast Period  2022-2030
Historical Year  2020
Unit  USD Million
Segmentation
Type of Beds
  • General Purpose Beds
  • Respiratory Beds
  • ICU Beds
  • Bariatric Beds
  • Pediatric Beds
  • Bathing Beds
  • Pressure Relief Beds

Technology
  • Manual
  • Powered
    • Semi Electric Beds
    • Electric Beds

End Users
  • Hospitals
  • Home Care
  • Ambulatory Care
  • Elderly Home

 Region Segment (2020–2030; US$ Million)

  • North America
    • U.S.
    • Canada
    • Rest of North America
  • UK and European Union
    • UK
    • Germany
    • Spain
    • Italy
    • France
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • Australia
    • South Korea
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East and Africa
    • GCC
    • Africa
    • Rest of Middle East and Africa
Global Impact of Covid-19 Segment (2020-2021; US$ Million )
  • Pre Covid-19 situation
  • Post Covid-19 situation

Key questions answered in this report

  • What are the key micro and macro environmental factors that are impacting the growth of Hospital Beds market?
  • What are the key investment pockets with respect to product segments and geographies currently and during the forecast period?
  • Estimated forecast and market projections up to 2030.
  • Which segment accounts for the fastest CAGR during the forecast period?
  • Which market segment holds a larger market share and why?
  • Are low and middle-income economies investing in the Hospital Beds market?
  • Which is the largest regional market for Hospital Beds market?
  • What are the market trends and dynamics in emerging markets such as Asia Pacific, Latin America, and Middle East & Africa?
  • Which are the key trends driving Hospital Beds market growth?
  • Who are the key competitors and what are their key strategies to enhance their market presence in the Hospital Beds market worldwide?
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