Global Medical Beds Market, By Product (Acute Care Beds, Long-term Care Beds, Psychiatric Care Beds,

Published Date: | Report Code : HC1929621

Medical Beds Market is projected to register high demand during the forecast period with increasing demand from major end-use industries such as hospitals, home care settings, and geriatric care facilities during the forecast period. Medical beds offer comfort, support, safety, and quality of sleep to patients in hospitals and cater to their healthcare requirements. Many modern hospital beds have the facility for patient monitoring and electrical assistance for movement. It also allows patients to adjust these beds without assistance. Based on medical requirements, hospital beds are also custom-made. As per the World Population Prospects data, by 2050, the geriatric population is expected to double. This fast-growing elderly population, which is vulnerable to chronic diseases, is expected to fuel the demand for medical beds in hospitals, homecare, and other medical institutions. Thus, this will help to augment the market.

Segment Analysis

The study delivers a decisive outlook of the medical beds market by segmenting the market based on the product, bed type, end user, and region. Based on the product, the market has been segmented into acute care beds, long-term care beds, psychiatric care beds, bariatric beds, and others.  The acute beds have witnessed increased demand, owing to the rising number of aging patients suffering from chronic disorders.         

Based on bed type, the market has been segmented into manual beds, electric beds, and semi-electric beds. The increasing use of electric beds in hospitals and home care centers due to their conventional support and control techniques will drive the electric bed’s segment. Associated factors such as the improved ability of disabled patients to operate the adjustable features of electric beds will fuel the growth of the segment during the forecast period. Moreover, the semi-electric bed’s segment has witnessed significant growth mainly due to superior strength, ease of assembling and disassembling, and toughness that decreases the threat of torquing and offers support.

Based on end user, the medical beds market is divided into hospitals, home care settings, and geriatric care facilities. The medical beds market has been studied for North America, Eastern Europe, Western Europe, Asia Pacific, Middle East, and Rest of the World. Increasing cases of chronic diseases and augmentation in healthcare are some other factors driving the market.

The market is competitive in nature. The key market players include Hill-Rom Holdings, Invacare Corporation, Paramount Bed, StrykerCorporation, Amico Corporation, Besco Medical Co., Ltd., BaKare Beds Ltd., GF Health Types, Inc., Merivaara Corp., and Getinge AB.  These companies are developing advanced medical beds that deliver specialized safety as well as comfort to the patients. For instance, Stryker’s InTouch, a critical care medical bed is the first in class high acuity bed; it offers back smart ergonomics, advanced technology, and support. This medical bed is easily operated by a touchscreen interface. Also, Hill-Rom has come up with Compella bariatric bed meant for advanced support and safety in bariatric care. The companies are engaged in new product launch, merger & acquisitions, regional expansions in order to retain the market share.

Key Factors Impacting Market Growth:

  • Increasing market demand for faster and effective healing
  • Improves sleep and thus, helps in faster healing
  • Medical beds improve blood circulation and help with heart problems

Regional Outlook:

North America, Western Europe, and Asia Pacific by region are estimated to dominate the medical beds market during the forecast period. These regions have been market leaders for the overall healthcare sector in terms of technological developments and advanced medical treatments. Moreover, the government policies have been favorable for the growth of the healthcare infrastructure in these regions. North America and Western Europe have an established healthcare infrastructure for product innovations and early adaptations. This is expected to drive the demand for medical beds market during the forecast period. 

The US, Germany, France, UK, Canada, and Spain have been some the major markets in the region. Asia Pacific is estimated to register one of highest CAGR for medical beds market during the forecast period. This region has witnessed strategic investments by global companies to cater the growing demand in the recent years. China, Japan, India, South Korea, and Australia are amongst some of the key countries for medical beds market in the region. Other regions including Middle East, Eastern Europe, and Rest of the World (South America and Africa) are estimated to be emerging markets for medical beds during the forecast period.

Companies Covered: Hill-Rom Holdings, Invacare Corporation, Paramount Bed, Stryker Corporation, Amico Corporation, Besco Medical Co., Ltd., BaKare Beds Ltd., and GF Health Types, Inc., Merivaara Corp., and  Getinge AB...

Market Segmentation:

By Product:

  • Acute Care Beds
  • Long-term Care Beds
  • Psychiatric Care Beds
  • Bariatric Beds
  • Others

 By Bed Type:

  • Manual Beds
  • Electric Beds
  • Semi-Electric Beds

  By End User:

  • Hospitals
  • Home Care Settings
  • Geriatric Care Facilities

By Region:

  • North America
    • By Country (US, Canada, Mexico)
    • By Product
    • By Bed Type
    • By End User
  • Western Europe
    • By Country (Germany, UK, France, Italy, Spain, Rest of Western Europe)
    • By Product
    • By Bed Type
    • By End User
  • Eastern Europe
    • By Country (Russia, Turkey, Rest of Eastern Europe)
    • By Product
    • By Bed Type
    • By End User
  • Asia Pacific
    • By Country (China, Japan, India, South Korea, Australia, Rest of Asia Pacific)
    • By Product
    • By Bed Type
    • By End User
  • Middle East
    • By Country (UAE, Saudi Arabia, Qatar, Iran, Rest of Middle East)
    • By Product
    • By Bed Type
    • By End User
  • Rest of the World
    • By Region (South America, Africa)
    • By Product
    • By Bed Type
    • By End User

Reasons to Buy This Report:

  • Market size estimation of the medical beds market on regional and global basis
  • Unique research design for market size estimation and forecast
  • Profiling of major companies operating in the market with key developments
  • Broad scope to cover all the possible segments helping every stakeholder in the market

Customization:

We provide customization of the study to meet specific requirements:

  • By Segment
  • By Sub-segment
  • By Region/Country

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