Global Hospital Beds Market Size By Type (Acute Care, Long-Term Care), By Power (Electric, Semi-Electric), By End Users (Hospitals, Clinics), By Geographic Scope And Forecast

Hospital Beds Market Size And Forecast

Hospital Beds Market size was valued at USD 4.413 Billion in 2024 and is projected to reach USD 7.195 Billion by 2031, growing at a CAGR of 6.3% during the forecast period 2024-2031.

• A hospital bed is a special type designed for use in hospitals and other medical facilities to provide comfort and support for patients who are ill, injured, or recovering from surgery. They are much more than just a place to sleep; they are vital medical equipment that can help patients heal and get better.
• Hospital beds are made from a variety of materials, including steel, plastic, and wood. The mattress is typically made from a firm foam that is designed to provide pressure relief and support. Hospital beds are also designed to be easy to clean and disinfect.
• Hospital beds go beyond just a sleeping surface, offering features like adjustable height for caregiver ease, head and footrest adjustments for patient comfort and specific medical needs, side rails for fall prevention, electronic controls for patient independence, built-in scales for weight monitoring without movement, and even alarms for safety in case of attempted exits or excessive bed movement.

Hospital Beds Market Dynamics

The key market dynamics that are shaping the Hospital Beds Market include

Key Market Drivers

• Rising prevalence of chronic diseasesThe prevalence of chronic diseases such as heart disease, cancer, and diabetes is increasing worldwide. This is due to several factors, including obesity, lack of physical activity, and unhealthy diets. Chronic diseases often require long-term hospitalization or frequent hospital visits, which drives up the demand for hospital beds.
• Increasing population and aging demographicsAs the global population grows and ages, there will be a greater demand for hospital beds. This is because older adults are more likely to require hospitalization for chronic conditions and other medical needs.
• Government initiatives in healthcare Governments around the world are increasingly focusing on improving access to healthcare. This includes initiatives to expand health insurance coverage and build new hospitals. These initiatives will also drive up the demand for hospital beds.

Key Challenges

• Varied Healthcare StandardsHealthcare standards and regulations differ significantly across the globe. This can make it difficult for manufacturers to produce beds that meet the needs of all markets. For example, a hospital bed designed for the American market may not be compliant with safety regulations in Europe. Additionally, some countries may have specific requirements for features such as bed weight capacity or mattress types. This variation in standards can create additional hurdles for manufacturers who want to sell their beds in multiple countries.
• Shifting Focus to Value-Based Care The healthcare industry is increasingly moving towards a value-based care model, where providers are rewarded for delivering quality care at a lower cost. This can put pressure on hospitals to keep costs down, which may limit their spending on new hospital beds.

Key Trends

• Patient Comfort and Safety Focus Features promoting comfort and safety are increasingly important. This includes height adjustability for easier caregiving, pressure-relieving mattresses to prevent bed sores, and built-in alarms for fall prevention. Additionally, remote monitoring capabilities allow for better patient observation and timely interventions.
• Specialty Bed Focus The hospital bed market is moving beyond the one-size-fits-all approach. Specialty beds are gaining traction, designed with specific patient needs in mind. Intensive care units (ICUs) utilize beds with built-in monitoring and therapeutic surfaces to aid critically ill patients. Bariatric beds cater to larger patients with sturdier frames and increased weight capacity. For children’s comfort and safety, pediatric beds come in playful designs with adjustable features to grow with them. Lastly, maternity beds offer birthing positions, adjustable leg rests, and even bassinet attachments to support mothers during childbirth and recovery. This focus on specialized beds ensures a more tailored and effective approach to patient care.

Hospital Beds Market Regional Analysis

Here is a more detailed regional analysis of the Hospital Beds Market

Asia Pacific

• Asia Pacific has a large and growing elderly population, particularly in countries like China and Japan. This demographic shift is a major driver for the hospital bed market in the region. As people live longer, they are more likely to experience age-related health conditions that require hospitalization or ongoing medical care. This increases the demand for beds in hospitals, nursing homes, and long-term care facilities.
• Hospitals in developed countries within the region, like Japan and South Korea, are embracing smart bed technology. These beds offer real-time patient monitoring, data collection, and integration with electronic medical records, improving care efficiency.
• chronic diseases like diabetes and heart disease are becoming increasingly common in the Asia Pacific. These conditions often necessitate hospitalization or frequent hospital visits, leading to a need for more beds.
• Governments across Asia Pacific are recognizing the importance of a strong healthcare system for their citizens’ well-being and economic productivity. As a result, they are implementing various initiatives to improve healthcare access and affordability. These initiatives include funding for the construction of new hospitals and clinics, as well as subsidies for medical equipment like hospital beds.

 North America

• Similar to the global market, North America is driven by demographic trends, with a large and growing aging population that requires more medical care. This is due to several factors such as a rise in life expectancy and an increase in chronic conditions that are more prevalent among older adults. As the population ages, the demand for hospital beds is expected to rise steadily in North America.
• The prevalence of chronic diseases like heart disease, cancer, and diabetes is a major driver for the hospital bed market in North America. These conditions often require long-term hospitalization or frequent hospital visits, leading to a higher demand for beds.
• Also, Technological advancements are a major driver for the North American hospital bed market. Hospitals are increasingly adopting beds with features like pressure-relieving mattresses that can help prevent bed sores, a common complication among immobile patients. These mattresses are designed to distribute weight evenly and reduce pressure points on the body. Electronic controls allow for easier patient positioning and adjustment, improving comfort and reducing the need for manual assistance from caregivers.

Europe

• Europe has a rapidly aging population, with a high proportion of individuals over 65 years old. This demographic shift is a major driver for the hospital bed market in Europe. As the population ages, there is a corresponding increase in the prevalence of age-related chronic conditions that require hospitalization and long-term care. This, in turn, fuels the demand for hospital beds to accommodate these patients.
• The prevalence of chronic diseases like heart disease, cancer, and diabetes is on the rise in Europe. According to the World Health Organization (WHO), chronic diseases are the leading cause of death and disability in Europe, accounting for over 80% of premature deaths. These conditions often require long-term hospitalization or frequent hospital visits, placing a significant strain on healthcare systems. As a result, hospitals are increasingly investing in advanced hospital beds to improve patient care and outcomes for those with chronic diseases.

Hospital Beds MarketSegmentation Analysis

The Hospital Beds Market is Segmented based on Type, Power, End-user, and Geography.

Hospital Beds Market, By Type

• Acute Care
• Long-Term Care
• Psychiatric Care
• Others

Based on Type, the market is bifurcated into Acute Care, Long-Term Care, Psychiatric Care, and Others. The long term care segment is estimated to witness the highest CAGR during the forecast period due to the growing global old population and the rising frequency of chronic diseases, both of which require extended hospital stays and specialized long-term care services. The increased emphasis on elder care and rehabilitation services, as well as the construction of healthcare infrastructure to meet long-term care needs, are all driving up demand for long-term care beds. This segment’s growth is further aided by advancements in bed technologies that improve patient comfort and care efficiency, particularly for long-term patients.

Hospital Beds Market, By Power

• Electric
• Semi-Electric
• Manual

Based on Power, the market is bifurcated into Electric, Semi-Electric, and Manual. The electric segment is estimated to witness the highest CAGR during the forecast period. The popularity of electric hospital beds is largely due to their enhanced features and functions, which considerably improve patient comfort and caregiver efficiency. These beds have motorized controls that allow you to alter the bed height, head, and foot portions at the push of a button, making them ideal for situations that require precise and frequent adjustments. Electric hospital beds are in great demand and widely adopted in healthcare facilities around the world because of their simplicity of use, less physical strain on caregivers, and ability to better fit the needs of patients recovering from surgery or those with mobility limitations.

Hospital Beds Market, By End-user

• Hospitals
• Clinics
• Ambulatory Centers

Based on End-user, the market is bifurcated into Hospitals, Clinics, and Ambulatory Centers. The hospital segment holds the largest market share during the forecast period due to the broad and diverse requirements of hospital settings for various types of beds to accommodate patients with varying medical demands. To accommodate a diverse patient population, hospitals generally require a greater number and diversity of beds, including standard, intensive care unit (ICU), and specialty beds. The growing number of hospitals, particularly in emerging countries, as a result of healthcare infrastructure development, as well as the increased prevalence of chronic diseases that necessitate extended hospital stays, drive demand in this segment of the market.

Hospital Beds Market, By Geography

• North America
• Europe
• Asia Pacific
• Rest of the World

Based on Geography, the Hospital Beds Market is classified into North America, Europe, Asia Pacific, and the Rest of the World. North America holds the largest market share during the forecast period owing to its advanced healthcare infrastructure, significant healthcare spending, and the presence of key hospital bed manufacturers. The region benefits from the broad use of technologically modern medical equipment in hospitals and clinics, which improves patient care quality. The aging population, which is more susceptible to chronic diseases and necessitates prolonged hospitalization, also contributes to the ongoing demand for hospital beds. Furthermore, the drive towards updating healthcare facilities and increased investments in hospital infrastructure in the United States and Canada strengthens market growth.

Key Players

The “Hospital Beds Market” study report will provide valuable insight with an emphasis on the global market including some of the major players such as BAM Labs Inc., Hill Rom Holdings, Inc., Invacare Corporation, Malvestio Spa, Merivaara Corp., Stiegelmeyer & Co. GmbH, Stryker Corporation, Getinge AB, General Vision, GF Health Care Products, and Welltok Inc.

Our market analysis also entails a section solely dedicated to such major players wherein our analysts provide an insight into the financial statements of all the major players, along with its product benchmarking and SWOT analysis. The competitive landscape section also includes key development strategies, market share, and market ranking analysis of the above-mentioned players globally.

Smart Hospital Beds Market Recent Developments

• In 2022, Hill-Rom Holdings, Inc. launched the “Unity CareLink” platform, an integrated solution designed to streamline the management of patient data collected from a variety of connected devices in the hospital room, including smart beds. This platform can collect and analyze data on vital signs, weight, sleep patterns, and patient activity. Caregivers can access this data remotely to monitor patient progress, identify potential health issues early on, and make informed care decisions.
• In 2023, Merivaara Corp. unveiled a prototype smart bed showcasing several innovative features. The bed integrates weight scales embedded into the mattress base, allowing for automatic and continuous weight monitoring without the need for transferring the patient. This can be particularly beneficial for patients who require regular weight monitoring or those with limited mobility.

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• Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors• Provision of market value (USD Billion) data for each segment and sub-segment• Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market• Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region• Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled• Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players• The current as well as the future market outlook of the industry with respect to recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions• Includes in-depth analysis of the market of various perspectives through Porter’s five forces analysis• Provides insight into the market through Value Chain• Market dynamics scenario, along with growth opportunities of the market in the years to come• 6-month post-sales analyst support

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