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Medical Bed Market

Global Medical Bed Market Share, Size, Analysis, Forecast: By Type: Electric Beds, Semi-Electric Beds, Manual Beds; By Application: Intensive Care, Non-Intensive Care; By End User: Hospitals, Ambulatory Surgery Centres (ASCs), Home Care Facility, Others; Regional Analysis; Market Dynamics; Competitive Landscape; 2024-2032

Global Medical Bed Market Outlook

The global medical beds market size attained a value of about USD 3.44 billion in 2023. The market is estimated to grow further at a CAGR of 5.2% during the forecast period of 2024-2032 to reach about USD 5.41 billion by 2032.

 

Global Medical Bed Market

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Rising Prevalence of Health-Related Issues Augmenting the Market Growth of Medical Bed

The growing prevalence of health-related issues such as cancer, pneumonia, and chronic obstructive pulmonary diseases, among others, is leading to a surge in demand for medical beds, thus driving the market growth. The trend is also being escalated due to the growing geriatric population, especially in Europe, who are more prone to serious illnesses requiring intensive and hospital care. As it is crucial for hospitals to enhance their spare bed capacity for emergencies while accommodating the maximum number of patients, the demand for medical beds is surging.

Technological advancements and innovations are leading to the development of specialised medical beds for different sets of patients, which is fuelling the market growth. This is also enhancing the durability, hygiene, and ease of use of medical beds to enhance patients’ experience. Additionally, the increasing deployment of smart beds to enable automation of functions, patient assistance, and advanced communication while providing enhanced functionality is significantly contributing to the market growth. The rising demand for smart beds in the residential sector, owing to the growing trend of home healthcare in countries such as the United States, Germany, and the United Kingdom, among others, is anticipated to aid the market growth in upcoming years.

 

Medical Bed: Market Segmentation

A medical bed is a bed that is designed to provide optimal healthcare to patients. It enhances the comfortability and well-being of patients by including features like customisable height and head while enhancing the convenience of healthcare professionals. They are deployed in hospitals, speciality centres, and homes for efficient patient care.

 

Global Medical Bed Market by Segment

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The major types of medical bed are:

  • Electric Beds
  • Semi-Electric Beds
  • Manual Beds

The market can be broadly categorised on the basis of its end uses into:

  • Hospitals
  • Ambulatory Surgery Centres (ASCs)
  • Home Care Facility
  • Others

Based on application segments, the market is divided into:

  • Intensive Care
  • Non-Intensive Care

The EMR report looks into the regional markets of medical bed like North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

 

Global Medical Bed Market by Region

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Increasing Demand for Quality Care in the Healthcare Industry to Fuel the Growth of the Medical Bed Industry

As the healthcare industry is increasingly becoming more patient-oriented, hospitals and care facilities are leveraging comfortable and safe beds to enhance the quality of patient care, which is augmenting the market growth. The integration of technologies to enable patient monitoring and automated movement assistance in medical beds to boost the comfortability of patients is fuelling the market growth. Moreover, the growing demand for customised medical beds in accordance with the patients’ requirements is expected to drive the market growth.

The development of innovative solutions to streamline the assignment of medical beds for boosting quality care is significantly contributing to the market growth. As the COVID-19 pandemic overwhelmed the healthcare industry, the unavailability of adequate medical beds led to dire consequences. This is expected to increase the adoption of innovative solutions to enable the efficient utilisation of hospital resources. In addition, the integration of the latest technologies such as artificial intelligence (AI) to optimise medical bed management while predicting the availability of beds to enable efficient bed planning is projected to propel the market growth in the forecast period.

 

Key Industry Players in the Global Medical Bed Market

The report presents a detailed analysis of the following key players in the global medical bed market, looking into their capacity, market shares, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:

  • Stryker Corporation
  • Hill-Rom Holdings, Inc.
  • Invacare Corporation
  • Stiegelmeyer GmbH & Co. KG
  • Antano Group srl
  • ProBed Medical Technologies
  • Medical Depot, Inc.
  • GF Health Products, Inc.
  • Umano Medical inc.
  • PARAMOUNT BED CO., LTD.

The comprehensive report looks into the macro and micro aspects of the industry. The EMR report gives an in-depth insight into the market by providing a SWOT analysis as well as an analysis of Porter’s Five Forces model.

 

Key Highlights of the Report

REPORT FEATURES DETAILS
Base Year 2023
Historical Period 2017-2023
Forecast Period 2024-2032
Scope of the Report

Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:

  • Type
  • Application
  • End User
  • Region
Breakup by Type
  • Electric Beds
  • Semi-Electric Beds
  • Manual Beds
Breakup by Application
  • Intensive Care
  • Non-Intensive Care
Breakup by End User
  • Hospitals
  • Ambulatory Surgery Centres (ASCs)
  • Home Care Facility
  • Others
Breakup by Region
  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East and Africa
Market Dynamics
  • Market Drivers and Constraints
  • SWOT Analysis
  • Porter's Five Forces Model
  • Key Demand Indicators
  • Key Price Indicators
  • Industry Events, Initiatives, and Trends
  • Value Chain Analysis
Supplier Landscape
  • Market Structure
  • Company Profiles
    • Financial Overview
    • Product Portfolio
    • Demographic Reach and Achievements
    • Mergers and Acquisitions
    • Certifications
Companies Covered
  • Stryker Corporation
  • Hill-Rom Holdings, Inc.
  • Invacare Corporation
  • Stiegelmeyer GmbH & Co. KG
  • Antano Group srl
  • ProBed Medical Technologies
  • Medical Depot, Inc.
  • GF Health Products, Inc.
  • Umano Medical inc.
  • PARAMOUNT BED CO., LTD.

 

*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.

1    Preface
    1.1    Objectives of the Study
    1.2    Key Assumptions 
    1.3    Report Coverage – Key Segmentation and Scope  
    1.4    Research Methodology
2    Executive Summary
3    Global Medical Beds Market Overview

    3.1    Global Medical Beds Market Historical Value (2017-2023) 
    3.2    Global Medical Beds Market Forecast Value (2024-2032)
4    Global Medical Beds Market Landscape
    4.1    Global Medical Beds Developers Landscape
        4.1.1    Analysis by Year of Establishment
        4.1.2    Analysis by Company Size
        4.1.3    Analysis by Region
    4.2    Global Medical Beds Product Landscape
        4.2.1    Analysis by Type
        4.2.2    Analysis by Applications
        4.2.3    Analysis by End User
5    Global Medical Beds Market Dynamics
    5.1    Market Drivers and Constraints
    5.2    SWOT Analysis
    5.3    Porter’s Five Forces Model 
    5.4    Key Demand Indicators
    5.5    Key Price Indicators
    5.6    Industry Events, Initiatives, and Trends 
    5.7    Value Chain Analysis
6    Global Medical Beds Market Segmentation
    6.1    Global Medical Beds Market by Type
        6.1.1    Market Overview                                                             
        6.1.2    Electric Beds
        6.1.3    Semi-Electric Beds
        6.1.4    Manual Beds
    6.2    Global Medical Beds Market by Application
        6.2.1    Market Overview
        6.2.2    Intensive Care
        6.2.3    Non-Intensive Care
    6.3    Global Medical Beds Market by End User
        6.3.1    Market Overview
        6.3.2    Hospitals
        6.3.3    Ambulatory Surgery Centres (ASCs)
        6.3.4    Home Care Facility 
        6.3.5    Others
    6.4    Global Medical Beds Market by Region
        6.4.1    Market Overview
        6.4.2    North America 
        6.4.3    Europe
        6.4.4    Asia Pacific
        6.4.5    Latin America
        6.4.6    Middle East and Africa
7    North America Medical Beds Market
    7.1    Market Share by Country
    7.2    United States of America
    7.3    Canada
8    Europe Medical Beds Market
    8.1    Market Share by Country
    8.2    United Kingdom
    8.3    Germany
    8.4    France
    8.5    Italy
    8.6    Others
9    Asia Pacific Medical Beds Market
    9.1    Market Share by Country
    9.2    China
    9.3    Japan
    9.4    India
    9.5    ASEAN
    9.6    Australia
    9.7    Others
10    Latin America Medical Beds Market
    10.1    Market Share by Country
    10.2    Brazil
    10.3    Argentina
    10.4    Mexico
    10.5    Others
11    Middle East and Africa Medical Beds Market
    11.1    Market Share by Country
    11.2    Saudi Arabia
    11.3    United Arab Emirates
    11.4    Nigeria
    11.5    South Africa
    11.6    Others
12    Patent Analysis
    12.1    Analysis by Type of Patent
    12.2    Analysis by Publication year
    12.3    Analysis by Issuing Authority
    12.4    Analysis by Patent Age
    12.5    Analysis by CPC Analysis
    12.6    Analysis by Patent Valuation 
    12.7    Analysis by Key Players
13    Grants Analysis
    13.1    Analysis by year
    13.2    Analysis by Amount Awarded
    13.3    Analysis by Issuing Authority
    13.4    Analysis by Grant Application
    13.5    Analysis by Funding Institute
    13.6    Analysis by NIH Departments
    13.7    Analysis by Recipient Organization
14    Funding Analysis
    14.1    Analysis by Funding Instances
    14.2    Analysis by Type of Funding
    14.3    Analysis by Funding Amount
    14.4    Analysis by Leading Players
    14.5    Analysis by Leading Investors
    14.6    Analysis by Geography
15    Partnership and Collaborations Analysis
    15.1    Analysis by Partnership Instances
    15.2    Analysis by Type of Partnership
    15.3    Analysis by Leading Players
    15.4    Analysis by Geography
16    Regulatory Framework
    16.1    Regulatory Overview
        16.1.1    US FDA
        16.1.2    EU EMA
        16.1.3    INDIA CDSCO
        16.1.4    JAPAN PMDA
        16.1.5    Others
17    Supplier Landscape
    17.1    Stryker Corporation
        17.1.1    Financial Analysis
        17.1.2    Product Portfolio
        17.1.3    Demographic Reach and Achievements
        17.1.4    Mergers and Acquisitions
        17.1.5    Certifications
    17.2    Hill-Rom Holdings, Inc.
        17.2.1    Financial Analysis
        17.2.2    Product Portfolio
        17.2.3    Demographic Reach and Achievements
        17.2.4    Mergers and Acquisitions
        17.2.5    Certifications
    17.3    Invacare Corporation
        17.3.1    Financial Analysis
        17.3.2    Product Portfolio
        17.3.3    Demographic Reach and Achievements
        17.3.4    Mergers and Acquisitions
        17.3.5    Certifications
    17.4    Stiegelmeyer GmbH & Co. KG
        17.4.1    Financial Analysis
        17.4.2    Financial Portfolio
        17.4.3    Demographic Reach and Achievements
        17.4.4    Mergers and Acquisitions
        17.4.5    Certifications
    17.5    Antano Group srl
        17.5.1    Financial Analysis
        17.5.2    Product Portfolio
        17.5.3    Demographic Reach and Achievements
        17.5.4    Mergers and Acquisitions
        17.5.5    Certifications
    17.6    ProBed Medical Technologies
        17.6.1    Financial Analysis
        17.6.2    Product Portfolio
        17.6.3    Demographic Reach and Achievements
        17.6.4    Mergers and Acquisitions
        17.6.5    Certifications
    17.7    Medical Depot, Inc.
        17.7.1    Financial Analysis
        17.7.2    Product Portfolio
        17.7.3    Demographic Reach and Achievements
        17.7.4    Mergers and Acquisitions
        17.7.5    Certifications
    17.8    GF Health Products, Inc.
        17.8.1    Financial Analysis
        17.8.2    Product Portfolio
        17.8.3    Demographic Reach and Achievements
        17.8.4    Mergers and Acquisitions
        17.8.5    Certifications
    17.9    Umano Medical inc.
        17.9.1    Financial Analysis
        17.9.2    Product Portfolio
        17.9.3    Demographic Reach and Achievements
        17.9.4    Mergers and Acquisitions
        17.9.5    Certifications
    17.10    PARAMOUNT BED CO., LTD.
        17.10.1    Financial Analysis
        17.10.2    Product Portfolio
        17.10.3    Demographic Reach and Achievements
        17.10.4    Mergers and Acquisitions
        17.10.5    Certifications
18    Global Medical Beds Market - Distribution Model (Additional Insight)
    18.1    Overview 
    18.2    Potential Distributors 
    18.3    Key Parameters for Distribution Partner Assessment 
19    Key Opinion Leaders (KOL) Insights (Additional Insight)
20    Company Competitiveness Analysis (Additional Insight)

    20.1    Very Small Companies
    20.2    Small Companies
    20.3    Mid-Sized Companies
    20.4    Large Companies
    20.5    Very Large Companies
21    Payment Methods (Additional Insight)
    21.1    Government Funded
    21.2    Private Insurance
    21.3    Out-of-Pocket

 

*Additional insights provided are customisable as per client requirements.

Key Questions Answered in the Report

In 2023, the global medical bed market attained a value of nearly USD 3.44 billion.

The market is projected to grow at a CAGR of 5.2% between 2024 and 2032.

The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach about USD 5.41 billion by 2032.

The market is being driven by the increasing prevalence of health-related issues, the rising geriatric population, and the growing demand for smart beds.

The industry is expected to be driven by the increasing healthcare quality, the development of innovative solutions to streamline healthcare processes, and the integration of artificial intelligence (AI) to optimise medical bed management and planning.

The major regions in the industry are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.

The major types of medical bed in the industry are electric beds, semi-electric beds, and manual beds.

The significant end uses in the market are hospitals, ambulatory surgery centres (ASCs), and home care facility, among others.

The application segments of medical bed are intensive care and non-intensive care.

The major players in the industry are Stryker Corporation, Hill-Rom Holdings, Inc., Invacare Corporation, Stiegelmeyer GmbH & Co. KG, and Antano Group srl, among others.

Analyst Review

The global medical bed market attained a value of nearly USD 3.44 billion in 2023, driven by the increasing prevalence of health-related issues. Aided by the development of innovative solutions to streamline healthcare processes, the market is expected to witness a further growth in the forecast period of 2024-2032, growing at a CAGR of 5.2%. The market is projected to reach about USD 5.41 billion by 2032.

EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. Based on its types, the medical bed industry can be segmented into electric beds, semi-electric beds, and manual beds. On the basis of end uses, the industry is divided into hospitals, ambulatory surgery centres (ASCs), and home care facility, among others. By application, the market is bifurcated into intensive care and non-intensive care. The major regional markets for medical bed are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa. The key players in the above market include Stryker Corporation, Hill-Rom Holdings, Inc., Invacare Corporation, Stiegelmeyer GmbH & Co. KG, and Antano Group srl, among others.

EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.

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