Medical Bed Market, Opportunity, Growth Drivers, Industry Trend Analysis and Forecast, 2024-2032

Description

The Global Medical Bed Market will showcase a 5.4% CAGR from 2024 to 2032. The rising prevalence of chronic diseases and an aging population are driving demand for advanced medical beds in hospitals and home care settings. According to the WHO, chronic diseases are expected to account for approximately 71% of global deaths by 2030. In Europe, the number of people aged 65 years and older will increase by 18% from 2023 to 2030, reaching 197 million.

Technological advancements, such as the integration of smart features and adjustable functionalities in medical beds, are enhancing patient comfort and care efficiency, further propelling market expansion. Additionally, the growing emphasis on healthcare infrastructure development and the surge in elective surgeries are contributing to the heightened need for modern medical bed solutions.

The medical bed market is classified based on product, bed type, application, medical institutions/facilities, end-use, and region.

The long-term segment will showcase a considerable growth pace over the study period, due to the increasing prevalence of chronic conditions and the need for extended care for the elderly population. As healthcare systems focus on providing comprehensive and continuous care for patients with long-term illnesses, there is a growing requirement for specialized bedding solutions that offer enhanced comfort and support. Additionally, the shift towards home-based care and assisted living facilities further fuels the need for long-term care beds, as families and caregivers seek to provide high-quality, reliable care settings for individuals requiring prolonged assistance.

The manual beds segment will seize a noteworthy medical bed market share by 2032, offering a cost-effective solution that meets the essential needs of healthcare facilities and home care settings. The manual beds provide basic adjustability and functionality without the higher costs associated with electric or advanced models, making them an attractive option for budget-conscious institutions and individuals. As healthcare facilities aim to optimize their spending while maintaining quality care, the affordability and simplicity of manual beds ensure their continued demand.

Europe medical bed market will thrive at a fast pace over the study period, driven by the focus on enhancing healthcare infrastructure and improving patient care standards. Government initiatives and funding aimed at modernizing hospitals and healthcare facilities are leading to higher investments in advanced medical beds. Additionally, the rising elderly population and the associated demand for long-term care services are fueling market growth. The advancements in healthcare technology and a growing emphasis on patient comfort and safety are encouraging the adoption of innovative bed solutions across Europe.

Product Code: 1883

Chapter 1 Methodology and Scope

1.1 Market scope and definitions
1.2 Research design
- 1.2.1 Research approach
- 1.2.2 Data collection methods
1.3 Base estimates and calculations
- 1.3.1 Base year calculation
- 1.3.2 Key trends for market estimation
1.4 Forecast medical institutions/facilities
1.5 Primary research and validation
- 1.5.1 Primary sources
- 1.5.2 Data mining sources

Chapter 2 Executive Summary

2.1 Industry 360° synopsis

Chapter 3 Industry Insights

3.1 Industry ecosystem analysis
3.2 Industry impact forces
- 3.2.1 Growth drivers
  - 3.2.1.1 Growing geriatric population worldwide
  - 3.2.1.2 Increasing funding on healthcare infrastructure in developing economies
  - 3.2.1.3 Surging hospital admissions due to chronic diseases
  - 3.2.1.4 Rising volume of hospital beds in private hospitals in developing countries
- 3.2.2 Industry pitfalls and challenges
  - 3.2.2.1 Excessive cost of specialty beds
  - 3.2.2.2 Decreasing volume of beds in hospitals in developed regions
3.3 Growth potential analysis
3.4 Regulatory landscape
3.5 Technology landscape
3.6 Global medical beds prices, 2023
3.7 Gap analysis
3.8 Porter's analysis
3.9 PESTEL analysis
3.10 Future market trends

Chapter 4 Competitive Landscape, 2023

4.1 Introduction
4.2 Company matrix analysis
4.3 Company market share analysis
4.4 Competitive positioning matrix
4.5 Strategy dashboard

Chapter 5 Market Estimates and Forecast, By Product, 2021 - 2032 ($Mn, Units)

5.1 Key trends
5.2 Acute care beds
- 5.2.1 Medical-Surgical beds
- 5.2.2 ICU beds
- 5.2.3 Pediatric beds
- 5.2.4 Birthing beds
- 5.2.5 Other acute care beds
5.3 Long-term care beds
5.4 Psychiatric care beds
5.5 Bariatric care beds
5.6 Other products

Chapter 6 Market Estimates and Forecast, By Bed Type, 2021 - 2032 ($ Mn)

6.1 Key trends
6.2 Manual beds
6.3 Electric beds
6.4 Semi-electric beds

Chapter 7 Market Estimates and Forecast, By Application, 2021 - 2032 ($ Mn)

7.1 Key trends
7.2 Intensive care
7.3 Non-intensive care

Chapter 8 Market Estimates and Forecast, By Medical Institutions/Facilities, 2021 - 2032 ($ Mn)

8.1 Key trends
8.2 Private medical institutions
8.3 Public medical institutions

Chapter 9 Market Estimates and Forecast, By End-Use, 2021 - 2032 ($ Mn)

9.1 Key trends
9.2 Hospitals
9.3 Home care settings
9.4 Elderly care facilities

Chapter 10 Market Estimates and Forecast, By Region, 2021 - 2032 ($ Mn, Units)

10.1 Key trends
10.2 North America
- 10.2.1 U.S.
- 10.2.2 Canada
10.3 Europe
- 10.3.1 Germany
- 10.3.2 UK
- 10.3.3 France
- 10.3.4 Spain
- 10.3.5 Italy
- 10.3.6 Netherlands
- 10.3.7 Rest of Europe
10.4 Asia Pacific
- 10.4.1 China
- 10.4.2 Japan
- 10.4.3 India
- 10.4.4 Australia
- 10.4.5 South Korea
- 10.4.6 Rest of Asia Pacific
10.5 Latin America
- 10.5.1 Brazil
- 10.5.2 Mexico
- 10.5.3 Argentina
- 10.5.4 Rest of Latin America
10.6 Middle East and Africa
- 10.6.1 South Africa
- 10.6.2 Saudi Arabia
- 10.6.3 UAE
- 10.6.4 Rest of Middle East and Africa

Chapter 11 Company Profiles

11.1 Antano Group
11.2 Besco Medical
11.3 Gendron Inc.
11.4 Getinge AB
11.5 GF Health Products Inc.
11.6 HARD Manufacturing Company, Inc.
11.7 Hill-Rom Holdings, Inc.
11.8 Invacare Corporation
11.9 Malvestio Spa
11.10 Medline Industries Inc.
11.11 Midmark Corp
11.12 Paramount Bed, Co, Ltd
11.13 Savaria (Span-America Medical Systems)
11.14 Stiegelmeyer GmbH and Co Kg
11.15 Stryker Corporation
11.16 Umano Medical Inc.