
Global Hospital Beds Market Size, Trends And Growth Opportunity, By Types And Usage (Regular And Electric-Beds), By End-User And Usage (Critical Care, Acute Care And Hospitals And Clinics), By Region And Forecast Till 2027.
Description
Global Hospital Beds Market Size, Trends And Growth Opportunity, By Types And Usage (Regular And Electric-Beds), By End-User And Usage (Critical Care, Acute Care And Hospitals And Clinics), By Region And Forecast Till 2027.
Global Hospital Beds Market
The Global Hospital Bed market was valued at US$ 3145.20 MN in 2021 and it is expected to reach at US$ 6050.00 MN in 2027 at a CAGR 10.02% from 2022-2027.
Hospital beds are crucial component required at healthcare facilities, playing vital role in maintaining comfort and medical procedures. The most prevalent types of hospital beds are regular and electric. These beds has a wide range of usage in critical care, accurate care along with they are widely used in hospital, clinics, ambulatory surgery centers and others. However, increasing prevalence of chronic diseases and number of patient getting admitted for the treatment of various health issues lead to grow the global hospital bed market.
Market Drivers
The extensive use for comforting patient in hospitals accentuates the significance of growing hospitals beds market worldwide. Highly equipped and facilitated hospital beds are a key driving factor for growth of global hospital bed market. Also, technological innovation in ICU beds, growing investment in healthcare infrastructural development and increasing number of patient for the treatment of various health issues is expected to expand the hospital bed market. Further, trendy medical and electronic devices are attached to hospital beds which influence the purchasing trends and boost the growth of hospital beds globally.
Market Restraints
The cost incurred in manufacturing of hospital beds is a key factor which restraining the growth of global hospital bed market. Along with the long life span and durability of these beds is a major challenge in repetition of purchasing, declining the number of beds in public hospital and lack of availability of products in some of the region is a current challenge for smart hospital beds market. Further, the implication caused due to improper mobility, and mechanical abrasion of hospital beds declining its acceptance over homecare beds.
COVID-19 Impact on the Hospital Beds Market
With the outbreak of covid-19 has favourably impacted on the growth of global hospital beds market. With increasing number of covid-19 cases, the demand for medical furniture such as hospital beds, mobility equipment and other support products had increased significantly across the globe. The coronavirus outbreak of 2020 made critical care a matter of concern for healthcare officials across the globe. Also with increased demand for ICU beds peaked during the pandemic. Further in 2020, China had built a new 1000- bed facility hospital to tackle the growing number of covid-19 cases in the country .Many such factors are influencing the growth of the market.
Market Segmentation
The global hospital beds market is segmented on the basis of type, usage, end-user, and technology. On the basis of type hospital beds segmented into Regular Beds, Paediatrics Beds, Respiratory Beds, ICU beds, Birthing Beds, Pressure Relief Beds, Bariatric beds and others. On the basis of usage it segmented into critical care, acute care and long-term care. On the basis of end user it segmented into Hospitals and Clinics, Ambulatory Surgery Centers and others. On the basis of technology it segmented into Electric-Beds, Semi-Electric Beds and Manual Beds.
Regional Analysis
The global Hospital Beds Market segmented into five regions North America, Europe, Latin America, Asia Pacific, Middle East and Africa .Europe is expected to remain at the forefront and hold the highest position at the forecast period as it was valued at US$ 1123.47 million in 2021 and it is expected to reach US$ 2171.95 million by 2027 at a CAGR 10.10%. North America is also expected to expand market for hospital beds at CAGR 10.08%. Growth in this regional segment is propelled by the growing healthcare infrastructure, rising number of contract manufacturing organizations (CMOs), and increasing number of bariatric population requiring care.
Key Players
Various key players are listed in this report such as GF Health Products Inc., Gentige AB, Hill Rom Holdings Inc., Invacare Corporation, Malvestio S.P.A, Stryker Corporation, Paramount Bed Holding Co.Ltd, Savion industries, Span America Medical System Inc.
Market Taxonomy
By Type
Regular Beds
Paediatrics Beds
Respiratory Beds
ICU beds
Birthing Beds
Pressure Relief Beds
Bariatric beds and others
By Usage
Critical care
Acute care
Long- Term care
By Technology
Electric-Beds
Semi-Electric Beds
Manual Beds
By End- User
Hospitals and Clinics
Ambulatory Surgery Centers
Key Question Addressed by the Report
What are the Key Opportunities in Hospital Beds market?
What will be the growth rate from 2022 to 2027.
Which segment/region will have highest growth?
What are the factors that will impact/drive the Market?
What is the role of key players in the value chain?
What is the competitive Landscape in the industry?
Global Hospital Beds Market
The Global Hospital Bed market was valued at US$ 3145.20 MN in 2021 and it is expected to reach at US$ 6050.00 MN in 2027 at a CAGR 10.02% from 2022-2027.
Hospital beds are crucial component required at healthcare facilities, playing vital role in maintaining comfort and medical procedures. The most prevalent types of hospital beds are regular and electric. These beds has a wide range of usage in critical care, accurate care along with they are widely used in hospital, clinics, ambulatory surgery centers and others. However, increasing prevalence of chronic diseases and number of patient getting admitted for the treatment of various health issues lead to grow the global hospital bed market.
Market Drivers
The extensive use for comforting patient in hospitals accentuates the significance of growing hospitals beds market worldwide. Highly equipped and facilitated hospital beds are a key driving factor for growth of global hospital bed market. Also, technological innovation in ICU beds, growing investment in healthcare infrastructural development and increasing number of patient for the treatment of various health issues is expected to expand the hospital bed market. Further, trendy medical and electronic devices are attached to hospital beds which influence the purchasing trends and boost the growth of hospital beds globally.
Market Restraints
The cost incurred in manufacturing of hospital beds is a key factor which restraining the growth of global hospital bed market. Along with the long life span and durability of these beds is a major challenge in repetition of purchasing, declining the number of beds in public hospital and lack of availability of products in some of the region is a current challenge for smart hospital beds market. Further, the implication caused due to improper mobility, and mechanical abrasion of hospital beds declining its acceptance over homecare beds.
COVID-19 Impact on the Hospital Beds Market
With the outbreak of covid-19 has favourably impacted on the growth of global hospital beds market. With increasing number of covid-19 cases, the demand for medical furniture such as hospital beds, mobility equipment and other support products had increased significantly across the globe. The coronavirus outbreak of 2020 made critical care a matter of concern for healthcare officials across the globe. Also with increased demand for ICU beds peaked during the pandemic. Further in 2020, China had built a new 1000- bed facility hospital to tackle the growing number of covid-19 cases in the country .Many such factors are influencing the growth of the market.
Market Segmentation
The global hospital beds market is segmented on the basis of type, usage, end-user, and technology. On the basis of type hospital beds segmented into Regular Beds, Paediatrics Beds, Respiratory Beds, ICU beds, Birthing Beds, Pressure Relief Beds, Bariatric beds and others. On the basis of usage it segmented into critical care, acute care and long-term care. On the basis of end user it segmented into Hospitals and Clinics, Ambulatory Surgery Centers and others. On the basis of technology it segmented into Electric-Beds, Semi-Electric Beds and Manual Beds.
Regional Analysis
The global Hospital Beds Market segmented into five regions North America, Europe, Latin America, Asia Pacific, Middle East and Africa .Europe is expected to remain at the forefront and hold the highest position at the forecast period as it was valued at US$ 1123.47 million in 2021 and it is expected to reach US$ 2171.95 million by 2027 at a CAGR 10.10%. North America is also expected to expand market for hospital beds at CAGR 10.08%. Growth in this regional segment is propelled by the growing healthcare infrastructure, rising number of contract manufacturing organizations (CMOs), and increasing number of bariatric population requiring care.
Key Players
Various key players are listed in this report such as GF Health Products Inc., Gentige AB, Hill Rom Holdings Inc., Invacare Corporation, Malvestio S.P.A, Stryker Corporation, Paramount Bed Holding Co.Ltd, Savion industries, Span America Medical System Inc.
Market Taxonomy
By Type
Regular Beds
Paediatrics Beds
Respiratory Beds
ICU beds
Birthing Beds
Pressure Relief Beds
Bariatric beds and others
By Usage
Critical care
Acute care
Long- Term care
By Technology
Electric-Beds
Semi-Electric Beds
Manual Beds
By End- User
Hospitals and Clinics
Ambulatory Surgery Centers
Key Question Addressed by the Report
What are the Key Opportunities in Hospital Beds market?
What will be the growth rate from 2022 to 2027.
Which segment/region will have highest growth?
What are the factors that will impact/drive the Market?
What is the role of key players in the value chain?
What is the competitive Landscape in the industry?
Table of Contents
- 1 Introduction
- 1.1 Objective of the Study
- 1.2 Market definition
- 1.3 Market Scope
- 2 Research Methodology
- 2.1 Data Mining
- 2.2 Validation
- 2.3 Primary Interviews
- 2.4 List of Data Sources
- 3 Executive Summary
- 4 Global Hospital Beds Market Outlook
- 4.1 Overview
- 4.2 Market Dynamics
- 4.2.1 Drivers
- 4.2.2 Restraints
- 4.2.3 Opportunities
- 4.3 Porters Five Force Model
- 4.4 Value Chain Analysis
- 5 Global Hospital Beds Market, By Type
- 5.1 Y-o-Y Growth Comparison, By Type
- 5.2 Global Hospital Beds Market Share Analysis, By Type
- 5.3 Global Hospital Beds Market Size and Forecast, By Type
- 5.3.1 Regular Beds
- 5.3.2. Pediatrics Beds
- 5.3.3. ICU Beds
- 5.3.4. Bariatric Beds
- 5.3.5. Birthing Beds
- 5.3.6. Pressure Relief Beds
- 5.3.7 Respiratory Beds
- 5.3.8 Others
- 6 Global Hospital Beds Market, By Usage
- 6.1 Y-o-Y Growth Comparison, By Usage
- 6.2 Global Hospital Beds Market Share Analysis, By Usage
- 6.3 Global Hospital Beds Market Size and Forecast, By Usage
- 6.3.1 Critical Care
- 6.3.2 Acute Care
- 6.3.3. Long Term Care
- 7 Global Hospital Beds Market, By End User
- 7.1 Y-o-Y Growth Comparison, By End User
- 7.2 Global Hospital Beds Market Share Analysis, By End User
- 7.3 Global Hospital Beds Valve Market Size and Forecast, By End User
- 7.3. 1 Hospital and Clinics
- 7.3.2. Ambulatory Surgery Centers (ASCs)
- 7.3.3. Others
- 8 Global Hospital Beds Market, By Technology
- 8.1 Y-o-Y Growth Comparison, By Technology
- 8.2 Global Hospital Beds Market Share Analysis, By Technology
- 8.3 Global Hospital Beds Valve Market Size and Forecast, By Technology
- 8.3. 1 Electric- Beds
- 8.3.2 Semi-Electric Beds
- 8.3.3 Manual Beds
- 9 Global Hospital Beds Market, By Region
- 9.1 Global Hospital beds Market Share Analysis, By Region
- 9.2 Global Hospital beds Market Share Analysis, By Region
- 10 North America Hospital Beds Market Analysis and Forecast (2022-2027)
- 10.1 Introduction
- 10.2 North America Hospital beds Market Share Analysis, By Type
- 10.3 North America Hospital beds Market Size and Forecast, By Technology
- 10.4 North America Hospital beds Market Size and Forecast, By End User
- 10.5 North America Hospital beds Market Size and Forecast, By Usage
- 10.6 North America Hospital beds Market Size and Forecast, By Country
- 10.6.1 U.S.
- 10.6.2 Canada
- 10.6.3 Mexico
- 11 Asia Pacific Hospital Beds Market Analysis and Forecast (2022-2027)
- 11.1 Introduction
- 11.2 Asia Pacific Hospital Beds Market Share Analysis, By Type
- 11.3 Asia Pacific Hospital Beds Market Size and Forecast, By Application
- 11.4 Asia Pacific Hospital Beds Market Size and Forecast, By End User
- 11.5 Asia Pacific Hospital Beds Market Size and Forecast, By Usage
- 11.6 Asia Pacific Hospital Beds Market Size and Forecast, By Country
- 11.6.1 China
- 11.6.2 Japan
- 11.6.3 India
- 11.6.4. Rest of Asia Pacific
- 12 Latin America Hospital Beds Market Analysis and Forecast (2022-2027)
- 12.1 Introduction
- 12.2 Latin America Hospital Beds Market Share Analysis, By Type
- 12.3 Latin America Hospital Beds Market Size and Forecast, By Application
- 12.4 Latin America Hospital Beds Market Size and Forecast, By End User
- 12.5 Latin America Hospital Beds Market Size and Forecast, By Usage
- 12.6 Latin America Hospital Beds Market Size and Forecast, Country
- 12.6.1. Brazil
- 12.6.2. Rest of Latin America
- 13 Middle East Hospital Beds Market Analysis and Forecast (2022-2027)
- 13.1 Introduction
- 13.2 Middle Hospital Beds Market Share Analysis, By Type
- 13.3 Middle Hospital Beds Market Size and Forecast, By Application
- 13.4 Middle Hospital Beds Market Size and Forecast, By End User
- 13.5 Middle Hospital Beds Market Size and Forecast, By Usage
- 13.6 Middle Hospital Beds Market Size and Forecast, By Country
- 13.6.1. Saudi Arabia
- 13.6.2. UAE
- 13.6.3. Egypt
- 13.6.4. Kuwait
- 13.6.5. South Africa
- 14 Europe Hospital Beds Market Analysis and Forecast (2022-2027)
- 14.1 Introduction
- 14.2 Europe Hospital Beds Market Share Analysis, By Type
- 14.3 Europe Hospital Beds Market Size and Forecast, By Technology
- 14.4 Europe Hospital Beds Market Size and Forecast, By End User
- 14.5 Europe Hospital Beds Market Size and Forecast, By Usage
- 14.6 Europe Hospital Beds Market Size and Forecast, By Country
- 14.6.1 Germany
- 14.6.2 France
- 14.6.3 UK
- 14.6.4 Rest of Europe
- 15 Competitive Analysis
- 15.1 Competition Dashboard
- 15.2 Market share Analysis of Top Vendors
- 15.3 Key Development Strategies
- 16 Company Profiles
- 16.1 GF HEALTH PRODUCTS INC
- 16.1.1 Overview
- 16.1.2 Offerings
- 16.1.3 Key Financials
- 16.1.4 Business Segment & Geographic Overview
- 16.1.5 Key Market Developments
- 16.1.6 Key Strategies
- 16.2.GENTIGE AB
- 16.2.1 Overview
- 15.2.2 Offerings
- 15.2.3 Key Financials
- 15.2.4 Business Segment & Geographic Overview
- 15.2.5 Key Market Developments
- 15.2.6 Key Strategies
- 16.3. HILL-ROM HOLDINGS INC
- 16.3.1 Overview
- 16.3.2 Offerings
- 16.3.3 Key Financials
- 16.3.4 Business Segment & Geographic Overview
- 16.3.5 Key Market Developments
- 16.3.6 Key Strategies
- 16.4 KSB MIL CONTROLS LIMITED
- 16.4.1 Overview
- 16.4.2 Offerings
- 16.4.3 Key Financials
- 16.4.4 Business Segment & Geographic Overview
- 16.4.5 Key Market Developments
- 16.4.6 Key Strategies
- 16.5 INVACARE CORPORATION
- 16.5.1 Overview
- 16.5.2 Offerings
- 16.5.3 Key Financials
- 16.5.4 Business Segment & Geographic Overview
- 16.5.5 Key Market Developments
- 16.5.6 Key Strategies
- 16.6 MALVASTIO S.P.A
- 16.6.1 Overview
- 16.6.2 Offerings
- 16.6.3 Key Financials
- 16.6.4 Business Segment & Geographic Overview
- 16.6.5 Key Market Developments
- 16.6.6 Key Strategies
- 16.7 STRYKER CORPORATION
- 16.7.1 Overview
- 16.7.2 Offerings
- 16.7.3 Key Financials
- 16.7.4 Business Segment & Geographic Overview
- 16.7.5 Key Market Developments
- 16.7.6 Key Strategies
- 16.8 PARAMOUNT BED HOLDINGS CO.LTD.
- 16.8.1 Overview
- 16.8.2 Offerings
- 16.8.3 Key Financials
- 16.8.4 Business Segment & Geographic Overview
- 16.8.5 Key Market Developments
- 16.8.6 Key Strategies
- 16.9 SAVION INDUSTRIES
- 16.9.1 Overview
- 16.9.2 Offerings
- 16.9.3 Key Financials
- 16.9.4 Business Segment & Geographic Overview
- 16.9.5 Key Market Developments
- 16.9.6 Key Strategies
- 15.10 SPAN-AMERICA MEDICAL SYSTEMS INC
- 16.10.1 Overview
- 16.10.2 Offerings
- 16.10.3 Key Financials
- 16.10.4 Business Segment & Geographic Overview
- 16.10.5 Key Market Developments
- 16.10.6 Key Strategies
Pricing
Currency Rates
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