Smart Hospital Beds Market by Component (Hardware, Software, Services), Bed Type (Electric Hospital Beds, Semi-Electric Hospital Beds, Manual Hospital Beds), End-User (Hospitals, Ambulatory Surgical Centers, Long-Term Care Facilities) & Region for 2024-2031.

Published Date: August - 2024 | Publisher: MIR | No of Pages: 320 | Industry: latest updates trending Report | Format: Report available in PDF / Excel Format

View Details Buy Now 2890 Download Sample Ask for Discount Request Customization

Smart Hospital Beds Market Valuation – 2024-2031

The global smart hospital beds market is expected to witness significant growth due to the rising demand for enhanced patient care and the need for optimizing healthcare operations. The increasing focus on improving patient outcomes, reducing hospital-acquired infections, and enhancing overall efficiency in healthcare settings is driving the adoption of smart hospital beds. In 2023, the market was valued at around USD 0.52 Billion and is projected to reach USD 1.32 Billion by 2031.

The growing geriatric population, advancements in healthcare technology, and the need for remote patient monitoring are the key factors propelling the growth of the smart hospital beds market. Additionally, the COVID-19 pandemic is highlighted the importance of infection control and the need for adaptable healthcare infrastructure, further accelerating the demand for smart hospital beds. The rising demand for Malaria Diagnostics is enabling the market grow at a CAGR of 12.25% from 2024 to 2031.

Smart Hospital Beds MarketDefinition/ Overview

Smart hospital beds use advanced technologies including sensors, connection and automation to improve patient care. They monitor vital signs, alter positions for comfort and medical purposes and make data integration easier for healthcare practitioners.

Smart hospital beds use IoT technology for remote monitoring of patient vitals, automatic modifications for comfort and placement and data analytics to improve workflow efficiency and patient care.

Smart hospital beds use IoT technology for remote monitoring of patient vitals, automatic modifications for comfort and placement and data analytics to improve workflow efficiency and patient care.

What's inside a
industry report?

Our reports include actionable data and forward-looking analysis that help you craft pitches, create business plans, build presentations and write proposals.

Will Growing Demand for Enhanced Patient Care Drive the Adoption of Smart Hospital Beds?

So, the big push for smarter hospital beds? It's all about wanting to give patients the best possible care and making hospitals run smoother. More and more hospitals are realizing that smart technologies are the way to go. They help keep patients safer, cut down on problems, and get people feeling better faster. These beds are packed with cool stuff like integrated sensors and automated adjustments. They even let you monitor things remotely! This means doctors and nurses can keep a close eye on vital signs, movement, and positioning. Because they're getting all this real-time data, they can spot problems early and jump in to help before things get worse. Think fewer bedsores, falls, and even those nasty hospital-acquired infections!

Think of smart hospital beds as being super connected! They easily chat with hospital systems and EHRs, making sure everyone has the same info and helping doctors make better decisions. This also makes life easier for nurses and other staff. And with more older folks and people dealing with long-term illnesses, there's a real need for these beds. They give extra support to patients who need it most, lowering risks and making them more comfortable – ultimately, leading to better health outcomes. Plus, during the COVID-19 pandemic, these beds really shined by letting doctors keep an eye on patients from a distance, handle the rush, and keep healthcare heroes safe. You can read more about the benefits here.

Will High Initial Costs and Integration Challenges Hinder the Adoption of Smart Hospital Beds?

While the benefits of smart hospital beds are well-recognized, the high initial costs and integration challenges associated with these technologies may act as barriers to their widespread adoption, particularly in resource-constrained healthcare facilities. The upfront capital investment required for the procurement and installation of smart hospital beds, along with the costs for specialized training of healthcare staff and the integration with existing hospital infrastructure, can be a significant financial burden for some healthcare providers. This may slow the adoption of smart hospital beds, especially among smaller healthcare facilities with limited budgets.

Okay, so, getting those fancy smart hospital beds to actually play nice with the hospital's current computer systems can be a real headache. Plus, keeping them running smoothly requires constant upkeep and software updates, which is no small feat! The fact that all these beds don't really talk to each other easily just makes the whole thing even more complicated, making hospitals think twice about spending the money. To fix this, companies need to come up with beds that are easier on the budget, integrate better, and offer awesome training and support. Basically, they need to prove that these beds are worth the investment, both for patient care and how the hospital runs, to convince everyone that they're a worthwhile upgrade despite the initial costs and integration headaches.

Category-Wise Acumens

Will Hardware Expected to Dominate the Smart Hospital Beds Market?

The hardware segment is poised to dominate the global smart hospital beds market during the forecast period, driven by the essential role of its components. These components include the bed frame, mattress, and integrated sensors that underpin the primary functionalities of smart hospital beds. The increasing demand for these beds stems from a need for enhanced patient monitoring, prevention of pressure ulcers, and the capability for automated bed adjustments. Key features of the hardware include integrated sensors for monitoring vital signs, patient movement, and bed occupancy, along with automated adjustment mechanisms for bed height, incline, and mattress pressure.

Think about itthe really good mattress systems? They're all about spreading out the pressure, which keeps patients safe and way more comfortable. And with hospitals getting smarter all the time – you know, using cool tech to take better care of people and run things smoothly – those fancy gadgets inside smart hospital beds are going to be a big deal. It's like, every time sensors get better, motors get finer, and materials get more advanced, the smart beds get even smarter and more feature-packed. That's what's fueling the whole market growth, really. Let's not forget that the software is what makes sense of all the data and helps manage patients in real-time, while the services like installation and maintenance are what keep these high-tech beds running smoothly for years.

Will Cloud-Based Solutions Gain Traction in the Smart Hospital Beds Market?

The cloud-based segment is poised for significant growth in the smart hospital beds market, driven by its capacity for improved data management, enhanced scalability and lower infrastructure costs. Cloud solutions allow healthcare facilities to access real-time patient data and bed utilization insights from a centralized platform, integrating smoothly with existing hospital systems for improved care coordination. The scalability of cloud-based models lets providers adjust infrastructure based on changing needs without heavy investment in on-site systems. This flexibility is crucial for managing varying patient volumes or expanding services.

Additionally, cloud deployment minimizes initial capital expenses, offering cost-effective subscription or pay-per-use options that are attractive to all sizes of healthcare facilities, including smaller ones. Cloud-based systems also ensure high data security and compliance with strict healthcare regulations, further driving their adoption in the smart hospital beds market as institutions continue to transition towards more integrated, data-driven healthcare solutions.

Gain Access into Smart Hospital Beds Market Report Methodology

Country/Region Wise Acumens

Will North America Dominate the Smart Hospital Beds Market?

You know, North America is expected to stay on top when it comes to the global market for smart hospital beds. It's really thanks to their healthcare system being so advanced and well-developed. The United States, in particular, is quick to embrace new medical tech, like these fancy smart beds. Hospitals here are always looking for ways to help patients recover faster, reduce infections, and just run things more efficiently. That's why they're so interested in beds that can do all of that. Plus, the rules and regulations in North America, especially in the U.S., make it easier for hospitals to try out these new smart healthcare technologies. Things like the Affordable Care Act and the push for value-based care mean that healthcare providers are looking for technologies that improve care and help save money.

Think of North America as a major hub for smart hospital beds, with companies like Hill-Rom Holdings, Stryker Corporation, and Invacare Corporation really leading the charge. They're the reason you're seeing so many of these beds popping up in hospitals, thanks to their cool innovations and wide reach. Plus, there's a ton of money flowing into healthcare here, helping smart hospital tech take off. But it's not just North America! Europe and Asia-Pacific are catching up fast. With more older folks needing care, healthcare costs going up, and everyone getting on board with smart tech, we're going to see a lot more smart hospital beds around the world.

Will Asia-Pacific Emerge as Promising Market for Smart Hospital Beds?

The Asia-Pacific region is poised for significant growth in the smart hospital beds market during the forecast period, driven by a combination of factors that highlight the region’s promising outlook. Governments across countries such as China, India, and Japan are heavily investing in the enhancement and modernization of their healthcare infrastructures, which includes the development of new healthcare facilities and the incorporation of advanced medical technologies like smart hospital beds.

Additionally, the region is experiencing a steady increase in healthcare expenditure, propelled by population growth, a rise in chronic diseases, and the expansion of universal healthcare coverage, particularly noticeable in China and India. These investments are crucial in fueling the demand for smart hospital beds that are integral to modern healthcare environments.

Moreover, the Asia-Pacific region is home to a large and rapidly aging population, necessitating specialized healthcare solutions that cater to the elderly, including smart hospital beds designed for enhanced care and comfort. Governments and healthcare organizations within the region are actively pursuing initiatives aimed at improving patient care, reducing hospital-acquired infections, and enhancing overall healthcare outcomes, which supports the adoption of advanced technologies like smart hospital beds. Addressing these challenges effectively will be key for market participants to fully leverage the growth opportunities in the Asia-Pacific smart hospital beds market.

Competitive Landscape

The competitive landscape of the global smart hospital beds market is characterized by the presence of both established players and emerging innovators. These companies are striving to differentiate their offerings, expand their geographical reach, and cater to the evolving needs of healthcare providers. The Smart Hospital Beds Market features intense competition among established manufacturers and emerging firms, all striving to innovate and capture larger market shares. Companies frequently engage in strategic partnerships, acquisitions, and technological advancements to strengthen their positions in this dynamic industry.

Some of the key players in the smart hospital beds market include

Hill-Rom Holdings, Inc., Stryker Corporation, Invacare Corporation, Getinge AB, Arjo, Paramount Bed Holdings Co., Ltd., Medline Industries, Inc., Joane, Linet spol. s r.o., Siemens Healthineers, Midmark Corporation, Guldmann Inc., Lippe GmbH, PROMA REHA s.r.o., Drive DeVilbiss Healthcare.

Latest Developments

  • In July 2023, Stryker Corporation acquired Arjo, a leading provider of medical beds and mobility solutions, to strengthen its position in the smart hospital beds market.
  • In September 2023, Getinge AB introduced its new Citadel+ Smart Bed, designed to improve patient safety and enhance hospital workflow efficiency.
  • In January 2024, Medline Industries, Inc. partnered with Joane to bring their combined smart hospital bed solutions to the Asia-Pacific market.

Report Scope

REPORT ATTRIBUTESDETAILS
Study Period

2018-2031

Growth Rate

CAGR of ~12.25% from 2024 to 2031

Base Year for Valuation

2023

Historical Period

2018-2022

Forecast Period

2024-2031

Quantitative Units

Value in USD Billion

Report Coverage

Historical and Forecast Revenue Forecast, Historical and Forecast Volume, Growth Factors, Trends, Competitive Landscape, Key Players, Segmentation Analysis

Segments Covered
  • Component
  • Bed-Type
  • End-User
Regions Covered
  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East & Africa
Key Players

Hill-Rom Holdings, Inc., Stryker Corporation, Invacare Corporation, Getinge AB, Arjo, Paramount Bed Holdings Co., Ltd., Medline Industries, Inc., Joane, Linet spol. s r.o., Siemens Healthineers, Midmark Corporation, Guldmann Inc., Lippe GmbH, PROMA REHA s.r.o., Drive DeVilbiss Healthcare.

Customization

Report customization along with purchase available upon request

Smart Hospital Beds Market, By Category

Component

  • Hardware
  • Software
  • Services

Bed Type

  • Electric Hospital Beds
  • Semi-Electric Hospital Beds
  • Manual Hospital Beds

End-User

  • Hospitals
  • Ambulatory Surgical Centers
  • Long-Term Care Facilities

Region

  • North America
  • Europe
  • Asia-Pacific
  • Latin America
  • Middle East & Africa

Research Methodology of Market Research

To know more about the Research Methodology and other aspects of the research study, kindly get in touch with our .

Reasons to Purchase this Report

We'll dig deep into the market, looking at both the numbers and the trends that shape it, breaking it down by different groups based on things like income and lifestyle. You'll get the market size (in USD Billion) for every part we analyze. We'll also point out which region and segment are likely to grow the fastest and be the biggest. Plus, we'll give you a region-by-region breakdown of product/service use and what's influencing the market there. Think competitive intelligence! We'll cover the big players, their market ranking, and what they've been up to – new products, partnerships, expansions, and acquisitions – over the last five years. You'll also get detailed company profiles, including overviews, insights, product comparisons, and a SWOT analysis for the major players. We'll give you a look at where the market is now and where it's headed, taking into account recent changes, opportunities, drivers, and challenges in both up-and-coming and established regions. We'll even use Porter's five forces to give you a well-rounded analysis and explain the market through the Value Chain. Get ready for a dynamic view of the market, highlighting upcoming growth chances. And to top it off, you'll get 6 months of support from our analysts after your purchase.

Customization of the Report

• In case of any  please connect with our sales team, who will ensure that your requirements are met.

Related Reports

Table of Content

To get a detailed Table of content/ Table of Figures/ Methodology Please contact our sales person at ( chris@marketinsightsresearch.com )

List Tables Figures

To get a detailed Table of content/ Table of Figures/ Methodology Please contact our sales person at ( chris@marketinsightsresearch.com )

FAQ'S

For a single, multi and corporate client license, the report will be available in PDF format. Sample report would be given you in excel format. For more questions please contact:

sales@marketinsightsresearch.com

Within 24 to 48 hrs.

You can contact Sales team (sales@marketinsightsresearch.com) and they will direct you on email

You can order a report by selecting payment methods, which is bank wire or online payment through any Debit/Credit card, Razor pay or PayPal.

Discounts are available.

Hard Copy

Email