PUBLISHER: The Business Research Company | PRODUCT CODE: 1539594
PUBLISHER: The Business Research Company | PRODUCT CODE: 1539594
Automated hospital beds are technologically advanced medical beds equipped with motorized mechanisms to adjust height, backrest angle, and leg elevation. They typically feature remote controls for easy operation, enhancing both patient comfort and caregiver efficiency. These beds often incorporate additional functions such as integrated scales, bed exit alarms, and pressure redistribution systems, aimed at improving patient care and safety. Their design is specifically tailored to support medical treatments and enhance the overall hospital experience.
There are two main types of automated hospital beds semi-automatic and fully automatic. Semi-automatic beds allow healthcare staff to manually adjust settings using controls on the bed's frame or a remote. These beds are utilized across various healthcare settings including critical care, acute care, and long-term care. Their applications span hospitals, clinics, reproductive care centers, dentistry, home care, and other medical facilities.
The automated hospital beds market research report is one of a series of new reports from The Business Research Company that provides automated hospital beds market statistics, including automated hospital beds industry global market size, regional shares, competitors with a automated hospital beds market share, detailed automated hospital beds market segments, market trends and opportunities, and any further data you may need to thrive in the automated hospital beds industry. This automated hospital beds 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 automated hospital beds market size has grown strongly in recent years. It will grow from $28.6 billion in 2023 to $30.9 billion in 2024 at a compound annual growth rate (CAGR) of 8%. The growth during the historic period was driven by several factors, including an aging population, expanding home healthcare services, rising incidence of chronic diseases, increasing adoption of telemedicine, and higher rates of surgical procedures.
The automated hospital beds market size is expected to see strong growth in the next few years. It will grow to $42.34 billion in 2028 at a compound annual growth rate (CAGR) of 8.2%. Anticipated growth in the forecast period is attributed to factors such as rising accident rates, a growing emphasis on patient-centered care, increasing global geriatric population, higher healthcare spending, and a shift towards home healthcare. Key trends expected during this period include advancements in technology, integration of IoT, AI and machine learning, enhanced capabilities for remote monitoring, integration of telemedicine, and use of robotics for patient transfers.
The growth of the automated hospital bed market is anticipated to be driven by the increasing number of road accidents. Factors contributing to this rise include heightened traffic congestion, distracted driving from mobile devices, insufficient infrastructure maintenance, and non-compliance with traffic regulations. Automated hospital beds play a crucial role in accident care by improving patient safety and treatment efficacy through features such as adjustable height for easier patient transfer, automated positioning to prevent bedsores, and remote control for quick adjustments. This ensures prompt medical attention and patient comfort. For instance, in May 2022, the National Highway Traffic Safety Administration reported a 10.5% increase in motor vehicle crash fatalities, underscoring the market's growth due to rising accident rates.
Key players in the automated hospital beds sector are focusing on developing advanced ICU beds to cater to increasing demand and enhance patient care. These next-generation beds are designed to optimize patient outcomes and streamline intensive care processes. In May 2023, Baxter International Inc. introduced the Hillrom Progressa+ bed, featuring advanced pulmonary support and in-bed therapies such as percussion, vibration, and continuous lateral rotation to mitigate immobility-related complications. The bed also facilitates early patient mobilization with integrated lift systems and a FullChair option for safe movement, reducing risks for healthcare providers.
In December 2021, Baxter International Inc. acquired Hill-Rom for $12.5 billion, expanding its digital health and connected care solutions across hospital and home care settings. Hill-Rom Holdings, Inc., now a part of Baxter, specializes in manufacturing hospital beds, mattresses, stretchers, and medical furniture, augmenting Baxter's capabilities in healthcare equipment and services.
Major companies operating in the automated hospital beds market are Becton Dickinson and Company, Stryker Corporation, Malvestio SpA, Medline Industries Inc., Olympus Corporation, Coloplast A/S, Hill-Rom Holdings Inc., Arjo Huntleigh, Invacare Corporation, Paramount Bed Co. Ltd., Midmark India Pvt. Ltd., Linet spol. s.r.o., Joerns Healthcare LLC, Amico Corporation, Stiegelmeyer GmbH & Co. KG, Span-America Medical Systems Inc., Merivaara Corp., Howard Wright Limited, Haelvoet NV, Volker GmbH, Mespa, Gendron Inc., Besco Medical Ltd., Savion Industries
North America was the largest region in the automated hospital beds market in 2023. The regions covered in the automated hospital beds market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The countries covered in the automated hospital beds market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
The automated hospital beds market consists of sales of specialty beds, pediatric beds, bariatric beds, and critical care beds. 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.
Automated Hospital Beds 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 automated hospital beds 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.
Where is the largest and fastest growing market for automated hospital beds ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The automated hospital beds 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 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.