Global ICU Beds Market Overview
ICU beds are intended to control infection, improve work efficacy, provide safety, comfort, & ease of use, and boost actual risk management in hospitals. ICU beds are armed with accessors such as X-Ray cassette holder, section mattress base, and stepless pneumatic adjustment for trendlenburg & anti-trendlenburg that are aimed to assist and support the healthcare staff for their effective workflow.
Impact of Covid-19 pandemic on market
Along with Covid-19 infections growing worldwide, governments of all Covid-19 hit nations are suffering from shortage of essential medical supplies such as ICU beds in order to provide optimum care to the infected patients. Moreover, there is an urgent need to expand the bed business operations globally. This report will quantify the impact of this pandemic on the ICU beds market.
Global ICU Beds Market Dynamics
Growing number of COVID-19 patients demanding intensive care
Rapidly increasing confirmed cases of coronavirus disease are directing the healthcare market to prepare for the tasks associated with this pandemic. Hence, COVID-19 affected economies are continuously focusing on expanding their ICU bed ability that will help support the market growth. According to recent news article, patient suffering from coronavirus mainly needs an average treatment of 15 days in intensive care units. Therefore, increasing COVID-19 cases will drive the target market growth in the coming years. Additionally, the demand for new ICU beds in hospitals will also increase in the near future.
Rising demand for ICU beds from the hospitals and ICUs
The hospitals segment was estimated for about US$ 800 million and is expected to register considerable growth over the forecast period. Increasing growth in the number of hospital admissions and growing ratio of ICU beds to hospital beds are some of the major factors boosting the growth of the global ICU beds market. For instance, as per the recently published report by Centre for Evidence-Based Medicine, in UK, the number of people admitted to hospitals with suffering from coronavirus ranked above 100,000.
However, high prices of ICU beds as associated with normal hospital beds and budget constraints of small hospitals limits growth of the target market.
Global ICU Beds Market Segmentation
Disclaimer: This data is only a representation. Actual data may vary and will be available in the report.
The global ICU beds market is segmented based on type, application, and region.
On the basis of type, the global ICU beds market is segmented into electric beds, semi-electric beds, and manual beds. On the basis of application, the global market is classified into neonatal intensive care unit, pediatric intensive care unit, psychiatric intensive care unit, cardiac intensive care unit, neurological intensive care unit, trauma intensive care unit, post-operative recovery unit, high dependency unit, surgical intensive care unit, and mobile intensive care unit.
Regional Insights:
Disclaimer: This data is only a representation. Actual data may vary and will be available in the report.
On region the global ICU beds market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. In North America, U.S. dominated the ICU beds market in 2019. Currently, rapid growth in the COVID-19 cases will expand the need for hospital admissions, thereby creating demand for intensive care beds over the forecast period. As per the data published by American Hospital Association in 2018, there are about 100,000 ICU beds in all community hospitals in the U.S. Inspite of large volume of ICU beds, the country is focusing on expanding their ICU capacity to fight COVID-19. Furthermore, growing prevalence of chronic diseases and increasing ageing population will further contribute to the global market growth.
Report Scope:
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Attribute |
Details |
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Base year for estimation |
2020 |
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Forecast period |
2020 – 2027 |
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Market representation |
Revenue in USD Million & CAGR from 2020 – 2027 |
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Market Segmentation |
By Type- Electric Beds, Semi-Electric Beds, and Manual Beds By Application– Neonatal Intensive Care Unit, Pediatric Intensive Care Unit, Psychiatric Intensive Care Unit, Cardiac Intensive Care Unit, Neurological Intensive Care Unit, Trauma Intensive Care Unit, Post-Operative Recovery Unit, High Dependency Unit, Surgical Intensive Care Unit, and Mobile Intensive Care Unit |
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Regional scope |
North America - U.S., Canada Europe - UK, Germany, Spain, France, Italy, Russia, Rest of Europe Asia Pacific - Japan, India, China, South Korea, Australia, Rest of Asia-Pacific Latin America - Brazil, Mexico, Argentina, Rest of Latin America Middle East & Africa - South Africa, Saudi Arabia, UAE, Rest of Middle East & Africa |
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Report coverage |
Revenue forecast, company share, competitive landscape, growth factors, and trends |
Segments Covered in the Report:
This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends and opportunities in each of the sub-segments from 2019 to 2027. For the purpose of this study, has segmented the global ICU beds market report based on type, application, and region.
Global ICU Beds Market, By Type:
- Electric Beds
- Semi-Electric Beds
- Manual Beds
Global ICU Beds Market, By Application:
- Neonatal Intensive Care Unit
- Pediatric Intensive Care Unit
- Psychiatric Intensive Care Unit
- Cardiac Intensive Care Unit
- Neurological Intensive Care Unit
- Trauma Intensive Care Unit
- Post-Operative Recovery Unit
- High Dependency Unit
- Surgical Intensive Care Unit
- Mobile Intensive Care Unit
Global ICU Beds Market, By Region:
-
-
- North America
-
- U.S.
- Canada
-
- Europe
-
- Germany
- UK
- France
- Russia
- Italy
- Rest of Europe
-
- Asia Pacific
-
- China
- India
- Japan
- South Korea
- Rest of Asia Pacific
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- Latin America
-
- Brazil
- Mexico
- Rest of Latin America
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- Middle East & Africa
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- GCC
- Israel
- South Africa
- Rest of Middle East & Africa
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- North America
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Global ICU Beds Market Key Players
The key players operating in the global ICU beds market includes Stryker Corporation, Hill-Rom Holdings, Inc., Getinge AB, Invacare Corporation, Malvestio S.P.A., Span-America Medical Systems, Inc., Medline Industries, Inc., Linet Spol. S.R.O., Stiegelmeyer GmbH & Co. Kg, and Merivaara Corp. Manufactures are primarily focusing on product innovation, geographical expansion, and merger & acquisition to gain a significant share in the target market. For instance, in May 2019, Lojer Oy declared that it has completed the acquisition of Merivaara Oy’s hospital bed business operations including stretchers and birthing beds, hospital and examination beds, to use product names related to Merivaara’s hospital bed operations for four years.
Global ICU Beds Market Company Profile
- Stryker Corporation
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Hill-Rom Holdings, Inc.
- Getinge AB
- Invacare Corporation
- Malvestio S.P.A.
- Span-America Medical Systems, Inc.
- Medline Industries, Inc.
- Linet Spol. S.R.O.
- Stiegelmeyer GmbH & Co. Kg
- Merivaara Corp.
“*” marked represents similar segmentation in other categories in the respective section
Global ICU Beds Market Table of Contents
- Research Objective and Assumption
- Preface
- Research Objectives
- Study Scope
- Years Considered for the study
- Assumptions
- Abbreviations
- Research Methodology
- Research data
- Primary Data
- Primary Interviews
- Primary Breakdown
- Key data from Primary Sources
- Key Thickness Insights
- Secondary Data
- Major Secondary Sources
- Secondary Sources
- Market Estimation
- Top-Down Approach
- Approach for estimating Market Share by Top-Down Analysis (Supply Side)
- Bottom-Up Approach
- Approach for estimating market share by Bottom-up Analysis (Demand Side)
- Market Breakdown and Data Triangulation
- Research Assumptions
- Market Purview
- Executive Summary
- Key Findings—Global Outlook for ICU Beds Strategies
- Key Questions this Study will Answer
- Market Snippet, By Type
- Market Snippet, By Application
- Market Snippet, By Region
- Opportunity Map Analysis
- Executive Summary—3 Big Predictions
- Market Dynamics, Regulations, and Trends Analysis
- Market Dynamics
- Drivers
- Restraints
- Market Opportunities
- Market Trends
- DR Impact Analysis
- PEST Analysis
- Porter’s Five Forces Analysis
- Opportunity Orbit
- Market Investment Feasibility Index
- Macroeconomic Factor Analysis
- Market Dynamics
- Global ICU Beds Market, By Type, 2020 – 2027, (US$ Mn)
- Overview
- Market Value and Forecast (US$ Mn), and Share Analysis (%), 2020 – 2027
- Y-o-Y Growth Analysis (%), 2020 – 2027
- Segment Trends
- Electric Beds
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2027
- Semi-Electric Beds
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2027
- Manual Beds
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2027
- Overview
- Global ICU Beds Market, By Application, 2020 – 2027, (US$ Mn)
- Overview
- Market Value and Forecast (US$ Mn), and Share Analysis (%), 2020 – 2027
- Y-o-Y Growth Analysis (%), 2020 – 2027
- Segment Trends
- Neonatal Intensive Care Unit
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2027
- Pediatric Intensive Care Unit
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2027
- Psychiatric Intensive Care Unit
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2027
- Cardiac Intensive Care Unit
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2027
- Neurological Intensive Care Unit
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2027
- Trauma Intensive Care Unit
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2027
- Post-Operative Recovery Unit
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2027
- High Dependency Unit
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2027
- Surgical Intensive Care Unit
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2027
- Mobile Intensive Care Unit
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2027
- Overview
- Global ICU Beds Market, By Region, 2020 – 2027, (US$ Mn)
- Overview
- Market Value and Forecast (US$ Mn), and Share Analysis (%), 2020 – 2027
- Y-o-Y Growth Analysis (%), 2020 – 2027
- Regional Trends
- North America
- Market Size and Forecast (US$ Mn), By Type, 2020 – 2027
- Market Size and Forecast (US$ Mn), By Application, 2020 – 2027
- Market Size and Forecast (US$ Mn), By Country, 2020 – 2027
- U.S.
- Canada
- Europe
- Market Size and Forecast (US$ Mn), By Type, 2020 – 2027
- Market Size and Forecast (US$ Mn), By Application, 2020 – 2027
- Market Size and Forecast (US$ Mn), By Country, 2020 – 2027
- Germany
- UK
- France
- Russia
- Italy
- Rest of Europe
- Asia Pacific
- Market Size and Forecast (US$ Mn), By Type, 2020 – 2027
- Market Size and Forecast (US$ Mn), By Application, 2020 – 2027
- Market Size and Forecast (US$ Mn), By Country, 2020 – 2027
- China
- India
- Japan
- South Korea
- Rest of Asia Pacific
- Latin America
- Market Size and Forecast (US$ Mn), By Type, 2020 – 2027
- Market Size and Forecast (US$ Mn), By Application, 2020 – 2027
- Market Size and Forecast (US$ Mn), By Country, 2020 – 2027
- Brazil
- Mexico
- Rest of Latin America
- Middle East & Africa
- Market Size and Forecast (US$ Mn), By Type, 2020 – 2027
- Market Size and Forecast (US$ Mn), By Application, 2020 – 2027
- Market Size and Forecast (US$ Mn), By Country, 2020 – 2027
- GCC
- Israel
- South Africa
- Rest of Middle East
- Overview
- Competitive Landscape
- Heat Map Analysis
- Market Presence and Specificity Analysis
- Company Profiles
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- Stryker Corporation
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Overview
- Business Strategies
- Hill-Rom Holdings, Inc.
- Getinge AB
- Invacare Corporation
- Malvestio S.P.A.
- Span-America Medical Systems, Inc.
- Medline Industries, Inc.
- Linet Spol. S.R.O.
- Stiegelmeyer GmbH & Co. Kg
- Merivaara Corp.
- Stryker Corporation
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- The Last Word
- Future Impact
- About Us
- Contact
FAQs
The global ICU beds market is segmented based on type, application, and region.
Rapidly increasing confirmed cases of coronavirus disease is the major factor driving the growth of the global market.
In North America, the U.S. dominated the ICU beds market in 2019. Currently, rapid growth in the COVID-19 cases will expand the need for hospital admissions, thereby creating demand for intensive care beds over the forecast period.
Manufactures are primarily focusing on product innovation, geographical expansion, and merger & acquisition to gain a significant share in the target market. For instance, in May 2019, Lojer Oy declared that it has completed the acquisition of Merivaara Oy’s hospital bed business operations including stretchers and birthing beds, hospital and examination beds, to use product names related to Merivaara’s hospital bed operations for four years.