Medical Bed Market, By Usage (Acute Care, Long Term Care, Psychiatric Care, and Maternity), By Application (Intensive Care and Non Intensive Stage), By Power (Electric Beds, Semi Electric Bed, and Manual Bed), By End-User (Hospital, Home care settings, and Elderly care facilities), and By Region (North America, Europe, Asia Pacific, Latin America, Middle East & Africa) - Trends, Analysis and Forecast till 2029

Report Code: PMI108719 | Publish Date: May 2022 | No. of Pages: 178

Global Medical Bed Market By Overview

Introduction:

Hospital beds are designed for patients that offer hygiene and cleanliness as it is not properly maintained by household beds. Hospital beds have an adjustable height and provide various benefits as it delivers ease and comfort to patient while getting treatment.  Hospital beds can be custom made for various patients based on the treatment. Along with patients, hospitals bed can provide convenience to care taker as they can maintain cleanliness and hygiene properly. Number of hospital beds is used to measure the capacity and amount of space of hospital facilities. The Global Medical Bed Market accounted for US$ 3.05 billion in 2020 and is estimated to be US$ 5.49 billion by 2030 and is anticipated to register a CAGR of 6.1%.

Global Medical Bed Market By Dynamics

Increasing prevalence of elderly population suffering from acute and chronic disease

Increasing prevalence of elderly population suffering from acute and chronic disease such as COPD, alzheimer’s, and diabetes is driving the growth of global medical bed market. For an instance, according to Diabetes UK organization, in the UK, around 15% of overall hospital beds has been occupied by the diabetic people. Additionally, according to Alzheimer’s association 2016, Alzheimer's disease accounts for 60 to 80% of dementia cases. It is estimated that approx. 5.4 million Americans have Alzheimer's, approx. 5.2 million people are aged 65 and older and around 200,000 individuals are below age 65. In addition, rising collaboration between private organization and government for infrastructure development is anticipated to further drive growth of the target market over the forecast period.

Advance technology in hospital beds

Furthermore, market players are developing advance technology in hospital beds to provide safety and comfort to patients which in turn is expected to boost the growth of medical bed market. Moreover, increasing healthcare spending and demand for better healthcare facilities is expected to drive the sales of hospital beds globally. For instance, according to AHA Hospital Statistics, 2019 edition, number of hospital admissions in the U.S. exceeded 36 million in 2017. Additionally, growing demand for beds in private hospitals, increasing medical tourism, etc. are also some crucial factors propelling the growth of the global medical bed market.

However, high cost incurred during manufacturing of hospital beds is a major factor restraining growth of the global medical bed market. Improving healthcare infrastructure in developing countries and increasing number of accidents across the globe are creating opportunity for the medical bed market. In addition, the treatment cost associated with chronic diseases is continuously increasing. Therefore, in recent years, the focus is shifting towards the adoption of affordable and convenient treatment facilities, thereby increasing the demand for beds in homecare. This is the major trend that is observed in the present time.

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Global Medical Bed Market By Segmentation

The global medical bed market is segmented into usage, application, power, end-user and region.

On the basis of usage, the target market is sub-divided into acute care, long term care, psychiatric care, and maternity. Based on the application, the global market is characterized into intensive care and non-intensive stage. On the basis of power, the global market is bifurcated into electric beds, semi electric bed, and manual bed. Based on end-user, the target market is divided into hospital, home care settings, and elderly care facilities.

Regional Insights:

For detailed understanding of market dynamics, based on region, the global medical bed market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. North America has the largest market in terms of revenue due to high healthcare spending in the region as well as increasing chronic disease patient base in the region. Europe’s growth in medical bed has attributed to increasing aging population as well as high focus of European government for creating better healthcare infrastructure. However, Asia Pacific is expected to witness potential growth rate in the medical bed market due to increasing prevalence of diabetes in the region along with increasing healthcare expenditure in China and India.

 

 

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Detailed Segmentation:

 

Attribute

Details

Base year for estimation

2020

Forecast period

2020 – 2029

Market representation

Revenue in USD Million & CAGR from 2020 – 2029

Market Segmentation

By Usage- Acute Care, Long Term Care, Psychiatric Care, And Maternity

By Application- Intensive Care And Non-Intensive Stage

By Power- Electric Beds, Semi Electric Bed, And Manual Bed

 By End-User- Hospital, Home Care Settings, And Elderly Care Facilities

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

Report coverage

Revenue forecast, company share, competitive landscape, growth factors, and trends

Detailed Segmentation:

Global Medical Bed Market, By Usage:

      • Acute Care
      • Long Term Care
      • Psychiatric Care
      • Maternity

 Global Medical Bed Market, By Application:

      • Intensive Care
      • Non-Intensive Stage

Global Medical Bed Market, By Power:

      • Electric Beds
      • Semi Electric Bed
      • Manual Bed

Global Medical Bed Market, By End-User:

      • Hospital
      • Home Care Settings
      • Elderly Care Facilities.

Global Medical Bed Market, By Region:

      • North America
        • North America Medical Bed Market, By Usage
        • North America Medical Bed Market, By Application
        • North America Medical Bed Market, By Power
        • North America Medical Bed Market, By End-User
        • North America Medical Bed Market, By Country
          • U.S.
          • Canada
      • Europe
        • Europe Medical Bed Market, By Usage
        • Europe Medical Bed Market, By Application
        • Europe Medical Bed Market, By Power
        • Europe Medical Bed Market, By End-User
        • Europe Medical Bed Market, By Country
          • Germany
          • UK
          • France
          • Russia
          • Italy
          • Rest of Europe
      • Asia Pacific
        • Asia Pacific Medical Bed Market, By Usage
        • Asia Pacific Medical Bed Market, By Application
        • Asia Pacific Medical Bed Market, By Power
        • Asia Pacific Medical Bed Market, By End-User
        • Asia Pacific Medical Bed Market, By Country
          • China
          • India
          • Japan
          • South Korea
          • Rest of Asia Pacific                                                                                                                               
      • Latin America
        • Latin America Medical Bed Market, By Usage
        • Latin America Medical Bed Market, By Application
        • Latin America Medical Bed Market, By Power
        • Latin America Medical Bed Market, By End-User
        • Latin America Medical Bed Market, By Country
          • Brazil
          • Mexico
          • Rest of Latin America
      • Middle East & Africa
        • Middle East & Africa Medical Bed Market, By Usage
        • Middle East & Africa Medical Bed Market, By Application
        • Middle East & Africa Medical Bed Market, By Power
        • Middle East & Africa Medical Bed Market, By End-User
        • Middle East & Africa Medical Bed Market, By Country
          • GCC
          • Israel
          • South Africa
          • Rest of Middle East & Africa

Global Medical Bed Market By Key Players

 

Some of the prominent players operating in the global medical bed market include Stryker Corporation, Hill-Rom Holding, Inc., Getinge Group, Invacare Corporation, Medline Industries, Inc., Stiegelmeyer GmbH & Co. Kg, Antano Group S.R.L, Amico Corporation, Midmark Corporation, and Linet Spol. S.R.O. These industry players adopt strategies such as geographic expansion, acquisition, merger and new product launch to sustain market competition. For instance, in July 2015, Stryker Corporation signed agreement to acquire Muka Metal, A.S., a turkey based seller of medical bed, stretchers and related furniture. The acquisition extended Stryker’s offering in Turkey as well as other regions of the world resulting in leading to geographical expansion.

Global Medical Bed Market By Company Profile

      • Stryker Corporation
        • Company Overview 
        • Product Portfolio
        • Key Highlights
        • Financial Performance
      • Hill-Rom Holding, Inc.
        • Company Overview 
        • Product Portfolio
        • Key Highlights
        • Financial Performance
      • Getinge Group
        • Company Overview 
        • Product Portfolio
        • Key Highlights
        • Financial Performance
      • Invacare Corporation
        • Company Overview 
        • Product Portfolio
        • Key Highlights
        • Financial Performance
      • Medline Industries, Inc.
        • Company Overview 
        • Product Portfolio
        • Key Highlights
        • Financial Performance
      • Stiegelmeyer GmbH & Co. Kg
        • Company Overview 
        • Product Portfolio
        • Key Highlights
        • Financial Performance
      • Antano Group S.R.L
        • Company Overview 
        • Product Portfolio
        • Key Highlights
        • Financial Performance
      • Amico Corporation
        • Company Overview 
        • Product Portfolio
        • Key Highlights
        • Financial Performance
      • Midmark Corporation
        • Company Overview 
        • Product Portfolio
        • Key Highlights
        • Financial Performance
      • Linet Spol. S.R.O.
        • Company Overview 
        • Product Portfolio
        • Key Highlights
        • Financial Performance

Global Medical Bed Market By Table of Contents

  1. Research Objective and Assumption
    • Preface
    • Research Objectives
    • Study Scope
    • Years Considered for the study
    • Assumptions
    • Abbreviations
  2. 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
  3. Market Purview
    • Executive Summary
    • Key Findings—Global Outlook for Medical Bed Strategies
      • Key Questions this Study will Answer
      • Market Snippet, By Usage
      • Market Snippet, By Application
      • Market Snippet, By Power
      • Market Snippet, By End-User
      • Market Snippet, By Region
    • Opportunity Map Analysis
    • Executive Summary—3 Big Predictions
  4. 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
  5. Global Medical Bed Market, By Usage,  2020 – 2030, (US$ Mn)
    • Overview       Acute Care, Long Term Care, Psychiatric Care, And Maternity
      • Market Value and Forecast (US$ Mn), and Share Analysis (%), 2020 – 2030
      • Y-o-Y Growth Analysis (%), 2020 – 2030
      • Segment Trends
    • Acute Care
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
    • Long Term Care
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
    • Psychiatric Care
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
    • Maternity
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
  6. Global Medical Bed Market, By Application, 2020 – 2030, (US$ Mn)
    • Overview   
      • Market Value and Forecast (US$ Mn), and Share Analysis (%), 2020 – 2030
      • Y-o-Y Growth Analysis (%), 2020 – 2030
      • Segment Trends
    • Intensive Care
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
    • Non-Intensive Stage
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
  7. Global Medical Bed Market, By Power, 2020 – 2030, (US$ Mn)
    • Overview           
      • Market Value and Forecast (US$ Mn), and Share Analysis (%), 2020 – 2030
      • Y-o-Y Growth Analysis (%), 2020 – 2030
      • Segment Trends
    • Electric Bed
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
    • Semi-Electric Bed
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
    • Manual Bed
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
  8. Global Medical Bed Market, By End-User, 2020 – 2030, (US$ Mn)
    • Overview   
      • Market Value and Forecast (US$ Mn), and Share Analysis (%), 2020 – 2030
      • Y-o-Y Growth Analysis (%), 2020 – 2030
      • Segment Trends
    • Hospital
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
    • Home Caring Setting
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
    • Elderly Care Facilities
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
  9. Global Medical Bed Market, By Region, 2020 – 2030, (US$ Mn)
    • Overview
      • Market Value and Forecast (US$ Mn), and Share Analysis (%), 2020 – 2030
      • Y-o-Y Growth Analysis (%), 2020 – 2030
      • Regional Trends
    • North America
      • Market Size and Forecast (US$ Mn), By Usage, 2020 – 2030
      • Market Size and Forecast (US$ Mn), By Application, 2020 – 2030
      • Market Size and Forecast (US$ Mn), By Power, 2020 – 2030
      • Market Size and Forecast (US$ Mn), By End-User, 2020 – 2030
      • Market Size and Forecast (US$ Mn), By Country, 2020 – 2030
        • U.S.
        • Canada
    • Europe
      • Market Size and Forecast (US$ Mn), By Usage, 2020 – 2030
      • Market Size and Forecast (US$ Mn), By Application, 2020 – 2030
      • Market Size and Forecast (US$ Mn), By Power, 2020 – 2030
      • Market Size and Forecast (US$ Mn), By End-User, 2020 – 2030
      • Market Size and Forecast (US$ Mn), By Country, 2020 – 2030
        • UK
        • France
        • Germany
        • Russia
        • Italy
        • Rest of Europe
    • Asia Pacific
      • Market Size and Forecast (US$ Mn), By Usage, 2020 – 2030
      • Market Size and Forecast (US$ Mn), By Application, 2020 – 2030
      • Market Size and Forecast (US$ Mn), By Power, 2020 – 2030
      • Market Size and Forecast (US$ Mn), By End-User, 2020 – 2030
      • Market Size and Forecast (US$ Mn), By Country, 2020 – 2030
        • India
        • Japan
        • South Korea
        • China
        • Rest of Asia Pacific
    • Latin America
      • Market Size and Forecast (US$ Mn), By Usage, 2020 – 2030
      • Market Size and Forecast (US$ Mn), By Application, 2020 – 2030
      • Market Size and Forecast (US$ Mn), By Power, 2020 – 2030
      • Market Size and Forecast (US$ Mn), By End-User, 2020 – 2030
      • Market Size and Forecast (US$ Mn), By Country, 2020 – 2030
        • Brazil
        • Mexico
        • Rest of Latin America
    • Middle East & Africa
      • Market Size and Forecast (US$ Mn), By Usage, 2020 – 2030
      • Market Size and Forecast (US$ Mn), By Application, 2020 – 2030
      • Market Size and Forecast (US$ Mn), By Power, 2020 – 2030
      • Market Size and Forecast (US$ Mn), By End-User, 2020 – 2030
      • Market Size and Forecast (US$ Mn), By Country, 2020 – 2030
        • GCC
        • Israel
        • South Africa
        • Rest of Middle East
  10. Competitive Landscape
    • Heat Map Analysis
    • Market Presence and Specificity Analysis
  11. Company Profiles

 

      • Stryker Corporation
        • Company Overview 
        • Product Portfolio
        • Key Highlights
        • Financial Performance
      • Hill-Rom Holding, Inc.
        • Company Overview 
        • Product Portfolio
        • Key Highlights
        • Financial Performance
      • Getinge Group
        • Company Overview 
        • Product Portfolio
        • Key Highlights
        • Financial Performance
      • Invacare Corporation
        • Company Overview 
        • Product Portfolio
        • Key Highlights
        • Financial Performance
      • Medline Industries, Inc.
        • Company Overview 
        • Product Portfolio
        • Key Highlights
        • Financial Performance
      • Stiegelmeyer GmbH & Co. Kg
        • Company Overview 
        • Product Portfolio
        • Key Highlights
        • Financial Performance
      • Antano Group S.R.L
        • Company Overview 
        • Product Portfolio
        • Key Highlights
        • Financial Performance
      • Amico Corporation
        • Company Overview 
        • Product Portfolio
        • Key Highlights
        • Financial Performance
      • Midmark Corporation
        • Company Overview 
        • Product Portfolio
        • Key Highlights
        • Financial Performance
      • Linet Spol. S.R.O.
        • Company Overview 
        • Product Portfolio
        • Key Highlights
        • Financial Performance

The Last Word

    • Future Impact
    • About Us
    • Contact

FAQs

The global medical bed market is segmented into usage, application, power, end-user and region.

Increasing prevalence of elderly population suffering from acute and chronic disease such as COPD, Alzheimer’s, and diabetes is driving the growth of global medical bed market.

North America has the largest market in terms of revenue due to high healthcare spending in the region as well as increasing chronic disease patient base in the region.

Some of the prominent players operating in the global medical bed market include Stryker Corporation, Hill-Rom Holding, Inc., Getinge Group, Invacare Corporation, Medline Industries, Inc., Stiegelmeyer GmbH & Co. Kg, Antano Group S.R.L, Amico Corporation, Midmark Corporation, and Linet Spol. S.R.O.