Medical Bed Global Market Report 2024

Description

A medical bed is a specialized furniture item designed for patients in healthcare settings. These beds are specifically engineered to offer comfort, support, and safety for individuals receiving medical care, whether in hospitals, clinics, or at home. Equipped with various features and functionalities, medical beds are tailored to address the specific needs of patients and facilitate the work of healthcare providers.

The primary types of medical beds include electric medical beds, semi-electric medical beds, and manual medical beds. Electric medical beds are powered by electricity and can be adjusted to various positions to offer comfort and support to patients. They find application in both intensive care and non-intensive care settings, such as hospitals, home care settings, and rehabilitation centers.

The medical bed market research report is one of a series of new reports from The Business Research Company that provides medical bed market statistics, including medical bed industry global market size, regional shares, competitors with a medical bed market share, detailed medical bed market segments, market trends and opportunities, and any further data you may need to thrive in the medical bed industry. This medical bed market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The medical bed market size has grown strongly in recent years. It will grow from $3.82 billion in 2023 to $4.11 billion in 2024 at a compound annual growth rate (CAGR) of 7.7%. The growth observed in the historic period in the medical bed industry can be attributed to several factors, including the increasing aging population, a higher prevalence of chronic diseases, advancements in healthcare infrastructure, rising healthcare expenditure, and the specific care needs for bariatric patients. These factors collectively contributed to the demand for medical beds during that period.

The medical bed market size is expected to see strong growth in the next few years. It will grow to $5.44 billion in 2028 at a compound annual growth rate (CAGR) of 7.3%. The anticipated growth in the forecast period in the medical bed industry can be attributed to several factors, including a heightened focus on patient safety and comfort, global pandemic preparedness efforts, an increase in surgical procedures, demographic shifts, and a rising incidence of lifestyle-related diseases. Major trends expected in the forecast period include technological advancements in medical beds, the growth of medical tourism, adherence to regulatory standards and compliance, innovations in materials used for medical beds, increased adoption of telemedicine, and a holistic approach to patient care. These trends are likely to shape the evolving landscape of the medical bed industry.

The growth of the medical bed market is anticipated due to the increasing hospital admissions related to chronic diseases. Multiple factors contribute to hospital admissions, encompassing individual health conditions, socio-economic variables, healthcare infrastructure, and public health interventions. Medical beds play a pivotal role in delivering care and assistance to patients during their hospital stays, enhancing comfort, safety, and medical management. According to data from the Centers for Disease Control and Prevention in September 2021, approximately 5.2% of emergency department visits by adults with chronic conditions resulted in hospital admission. This percentage increased with the number of chronic conditions, reaching 29.7% for those with three or more chronic conditions in the United States. Hence, the surge in hospital admissions linked to chronic diseases propels the growth of the medical bed market.

Key players in the medical bed market are introducing innovative products such as ProCuity to provide enhanced patient care. ProCuity is engineered to improve patient safety, streamline nurse workflows, and reduce in-hospital patient falls across various acuity levels. Stryker, a prominent US-based medical technology company, introduced ProCuity in February 2021 as the industry's first entirely wireless hospital bed. This intelligent bed seamlessly connects to nurse call systems without the need for cables or wires, contributing to improved safety and efficiency in healthcare settings. ProCuity is set at a low height of 29.2 cm (11.5 inches) and incorporates cutting-edge technologies to facilitate safe patient handling, further enhancing patient and caregiver experiences.

In December 2021, Baxter International Inc., a leading US-based healthcare company, acquired Hillrom for $12.5 billion. This acquisition is poised to have a significant impact on various stakeholders, including patients, clinicians, employees, shareholders, and global communities served. The move is expected to extend Baxter's adjusted EBITDA margins in the medium term. Hill-Rom Holdings Inc., the acquired company, is a US-based medical device firm offering a diverse range of medical beds designed to provide comfort, safety, and support to patients in healthcare environments.

Major companies operating in the medical bed market report are Mediline Industries Inc., Stryker Corporation, Getinge AB, Arjo. , Paramount Bed Holdings Co., Invacare Corporation, Linet spol. s r.o., Favero Health Projects SpA, Joerns Healthcare LLC, Stiegelmeyer GmbH & Co. KG, Amico Group of Companies., GF Health Products Inc, Umano Medical Inc, Merivaara , Malvestio SpA, Zhangjiagang Medi Medical Equipment, Gendron Inc., American Medical Equipment. , Antano Group srl, Besco Medical, Medical Depot Inc., Mobility Aids Sales and Services, ProBed Medical Technologies, Transfer Master Products Inc. , Anyang Top Medical Devices Co. Ltd.

North America was the largest region in the medical bed market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the medical bed market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

The countries covered in the medical bed market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain

The medical bed market consists of sales of bariatric bed, intensive care unit (ICU) bed, pediatric bed, home care bed, crib bed, and air fluidized bed. Values in this market are 'factory gate' values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

Medical Bed Global Market Report 2024 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.

This report focuses on medical bed market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.

Reasons to Purchase

Gain a truly global perspective with the most comprehensive report available on this market covering 50+ geographies.
Understand how the market has been affected by the coronavirus and how it is responding as the impact of the virus abates.
Assess the Russia - Ukraine war's impact on agriculture, energy and mineral commodity supply and its direct and indirect impact on the market.
Measure the impact of high global inflation on market growth.
Create regional and country strategies on the basis of local data and analysis.
Identify growth segments for investment.
Outperform competitors using forecast data and the drivers and trends shaping the market.
Understand customers based on the latest market shares.
Benchmark performance against key competitors.
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Where is the largest and fastest growing market for medical bed ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The medical bed market global report from the Business Research Company answers all these questions and many more.

The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.

The market characteristics section of the report defines and explains the market.
The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
The forecasts are made after considering the major factors currently impacting the market. These include:

The impact of sanctions, supply chain disruptions, and altered demand for goods and services due to the Russian Ukraine war, impacting various macro-economic factors and parameters in the Eastern European region and its subsequent effect on global markets.

The impact of higher inflation in many countries and the resulting spike in interest rates.

The continued but declining impact of covid 19 on supply chains and consumption patterns.

Market segmentations break down the market into sub markets.
The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.

Scope

Markets Covered:

1) By Type: Electric Medical Beds; Semi Electric Medical Beds; Manual Medical Beds
2) By Usage: Intensive Care; Non-intensive Care
3) By End-user: Hospitals; Home Care Settings; Rehabilitation Centers; Other End-Users
Companies Mentioned: Mediline Industries Inc.; Stryker Corporation; Getinge AB; Arjo. ; Paramount Bed Holdings Co.
Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time series: Five years historic and ten years forecast.
Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita,
Data segmentations: country and regional historic and forecast data, market share of competitors, market segments.
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
Delivery format: PDF, Word and Excel Data Dashboard.

Product Code: r16494

1. Executive Summary

2. Medical Bed Market Characteristics

3. Medical Bed Market Trends And Strategies

4. Medical Bed Market - Macro Economic Scenario

4.1. Impact Of High Inflation On The Market
4.2. Ukraine-Russia War Impact On The Market
4.3. COVID-19 Impact On The Market

5. Global Medical Bed Market Size and Growth

5.1. Global Medical Bed Market Drivers and Restraints
- 5.1.1. Drivers Of The Market
- 5.1.2. Restraints Of The Market
5.2. Global Medical Bed Historic Market Size and Growth, 2018 - 2023, Value ($ Billion)
5.3. Global Medical Bed Forecast Market Size and Growth, 2023 - 2028, 2033F, Value ($ Billion)

6. Medical Bed Market Segmentation

6.1. Global Medical Bed Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Electric Medical Beds
Semi Electric Medical Beds
Manual Medical Beds
6.2. Global Medical Bed Market, Segmentation By Usage, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Intensive Care
Non-intensive Care
6.3. Global Medical Bed Market, Segmentation By End-user, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Hospitals
Home Care Settings
Rehabilitation Centers
Other End-Users

7. Medical Bed Market Regional And Country Analysis

7.1. Global Medical Bed Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
7.2. Global Medical Bed Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

8. Asia-Pacific Medical Bed Market

8.1. Asia-Pacific Medical Bed Market Overview
Region Information, Impact Of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
8.2. Asia-Pacific Medical Bed Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
8.3. Asia-Pacific Medical Bed Market, Segmentation By Usage, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
8.4. Asia-Pacific Medical Bed Market, Segmentation By End-user, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

9. China Medical Bed Market

9.1. China Medical Bed Market Overview
9.2. China Medical Bed Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion
9.3. China Medical Bed Market, Segmentation By Usage, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion
9.4. China Medical Bed Market, Segmentation By End-user, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

10. India Medical Bed Market

10.1. India Medical Bed Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
10.2. India Medical Bed Market, Segmentation By Usage, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
10.3. India Medical Bed Market, Segmentation By End-user, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

11. Japan Medical Bed Market

11.1. Japan Medical Bed Market Overview
11.2. Japan Medical Bed Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
11.3. Japan Medical Bed Market, Segmentation By Usage, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
11.4. Japan Medical Bed Market, Segmentation By End-user, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

12. Australia Medical Bed Market

12.1. Australia Medical Bed Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
12.2. Australia Medical Bed Market, Segmentation By Usage, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
12.3. Australia Medical Bed Market, Segmentation By End-user, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

13. Indonesia Medical Bed Market

13.1. Indonesia Medical Bed Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
13.2. Indonesia Medical Bed Market, Segmentation By Usage, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
13.3. Indonesia Medical Bed Market, Segmentation By End-user, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

14. South Korea Medical Bed Market

14.1. South Korea Medical Bed Market Overview
14.2. South Korea Medical Bed Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
14.3. South Korea Medical Bed Market, Segmentation By Usage, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
14.4. South Korea Medical Bed Market, Segmentation By End-user, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

15. Western Europe Medical Bed Market

15.1. Western Europe Medical Bed Market Overview
15.2. Western Europe Medical Bed Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
15.3. Western Europe Medical Bed Market, Segmentation By Usage, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
15.4. Western Europe Medical Bed Market, Segmentation By End-user, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

16. UK Medical Bed Market

16.1. UK Medical Bed Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
16.2. UK Medical Bed Market, Segmentation By Usage, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
16.3. UK Medical Bed Market, Segmentation By End-user, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

17. Germany Medical Bed Market

17.1. Germany Medical Bed Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
17.2. Germany Medical Bed Market, Segmentation By Usage, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
17.3. Germany Medical Bed Market, Segmentation By End-user, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

18. France Medical Bed Market

18.1. France Medical Bed Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
18.2. France Medical Bed Market, Segmentation By Usage, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
18.3. France Medical Bed Market, Segmentation By End-user, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

19. Italy Medical Bed Market

19.1. Italy Medical Bed Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
19.2. Italy Medical Bed Market, Segmentation By Usage, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
19.3. Italy Medical Bed Market, Segmentation By End-user, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

20. Spain Medical Bed Market

20.1. Spain Medical Bed Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
20.2. Spain Medical Bed Market, Segmentation By Usage, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
20.3. Spain Medical Bed Market, Segmentation By End-user, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

21. Eastern Europe Medical Bed Market

21.1. Eastern Europe Medical Bed Market Overview
21.2. Eastern Europe Medical Bed Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
21.3. Eastern Europe Medical Bed Market, Segmentation By Usage, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
21.4. Eastern Europe Medical Bed Market, Segmentation By End-user, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

22. Russia Medical Bed Market

22.1. Russia Medical Bed Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
22.2. Russia Medical Bed Market, Segmentation By Usage, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
22.3. Russia Medical Bed Market, Segmentation By End-user, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

23. North America Medical Bed Market

23.1. North America Medical Bed Market Overview
23.2. North America Medical Bed Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
23.3. North America Medical Bed Market, Segmentation By Usage, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
23.4. North America Medical Bed Market, Segmentation By End-user, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

24. USA Medical Bed Market

24.1. USA Medical Bed Market Overview
24.2. USA Medical Bed Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
24.3. USA Medical Bed Market, Segmentation By Usage, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
24.4. USA Medical Bed Market, Segmentation By End-user, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

25. Canada Medical Bed Market

25.1. Canada Medical Bed Market Overview
25.2. Canada Medical Bed Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
25.3. Canada Medical Bed Market, Segmentation By Usage, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
25.4. Canada Medical Bed Market, Segmentation By End-user, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

26. South America Medical Bed Market

26.1. South America Medical Bed Market Overview
26.2. South America Medical Bed Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
26.3. South America Medical Bed Market, Segmentation By Usage, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
26.4. South America Medical Bed Market, Segmentation By End-user, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

27. Brazil Medical Bed Market

27.1. Brazil Medical Bed Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
27.2. Brazil Medical Bed Market, Segmentation By Usage, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
27.3. Brazil Medical Bed Market, Segmentation By End-user, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

28. Middle East Medical Bed Market

28.1. Middle East Medical Bed Market Overview
28.2. Middle East Medical Bed Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
28.3. Middle East Medical Bed Market, Segmentation By Usage, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
28.4. Middle East Medical Bed Market, Segmentation By End-user, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

29. Africa Medical Bed Market

29.1. Africa Medical Bed Market Overview
29.2. Africa Medical Bed Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
29.3. Africa Medical Bed Market, Segmentation By Usage, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
29.4. Africa Medical Bed Market, Segmentation By End-user, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

30. Medical Bed Market Competitive Landscape And Company Profiles

30.1. Medical Bed Market Competitive Landscape
30.2. Medical Bed Market Company Profiles
- 30.2.1. Mediline Industries Inc.
  - 30.2.1.1. Overview
  - 30.2.1.2. Products and Services
  - 30.2.1.3. Strategy
  - 30.2.1.4. Financial Performance
- 30.2.2. Stryker Corporation
  - 30.2.2.1. Overview
  - 30.2.2.2. Products and Services
  - 30.2.2.3. Strategy
  - 30.2.2.4. Financial Performance
- 30.2.3. Getinge AB
  - 30.2.3.1. Overview
  - 30.2.3.2. Products and Services
  - 30.2.3.3. Strategy
  - 30.2.3.4. Financial Performance
- 30.2.4. Arjo.
  - 30.2.4.1. Overview
  - 30.2.4.2. Products and Services
  - 30.2.4.3. Strategy
  - 30.2.4.4. Financial Performance
- 30.2.5. Paramount Bed Holdings Co.
  - 30.2.5.1. Overview
  - 30.2.5.2. Products and Services
  - 30.2.5.3. Strategy
  - 30.2.5.4. Financial Performance

31. Medical Bed Market Other Major And Innovative Companies

31.1. Invacare Corporation
31.2. Linet spol. s r.o.
31.3. Favero Health Projects SpA
31.4. Joerns Healthcare LLC
31.5. Stiegelmeyer GmbH & Co. KG
31.6. Amico Group of Companies.
31.7. GF Health Products Inc
31.8. Umano Medical inc
31.9. Merivaara
31.10. Malvestio SpA
31.11. Zhangjiagang Medi Medical Equipment
31.12. Gendron Inc.
31.13. American Medical Equipment.
31.14. Antano Group srl
31.15. Besco Medical

32. Global Medical Bed Market Competitive Benchmarking

33. Global Medical Bed Market Competitive Dashboard

34. Key Mergers And Acquisitions In The Medical Bed Market

35. Medical Bed Market Future Outlook and Potential Analysis

35.1 Medical Bed Market In 2028 - Countries Offering Most New Opportunities
35.2 Medical Bed Market In 2028 - Segments Offering Most New Opportunities
35.3 Medical Bed Market In 2028 - Growth Strategies
- 35.3.1 Market Trend Based Strategies
- 35.3.2 Competitor Strategies

36. Appendix

36.1. Abbreviations
36.2. Currencies
36.3. Historic And Forecast Inflation Rates
36.4. Research Inquiries
36.5. The Business Research Company
36.6. Copyright And Disclaimer