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Hospital Bed Manufacturing in the US - Industry Market Research Report

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    Report

  • 43 Pages
  • September 2023
  • Region: United States
  • IBISWorld
  • ID: 2068165

Feeling comfy: Industry revenue will grow steadily as federal funding for Medicare and Medicaid increases

Hospital bed manufacturing is currently experiencing a favorable performance in the market. With the increasing demand for healthcare services and the need for high-quality medical equipment, the industry is witnessing steady growth. Factors such as population growth, aging demographics, advancements in medical technology and the expansion of healthcare infrastructure contribute to the industry's positive outlook. Hospital bed manufacturers are capitalizing on these opportunities by offering innovative and technologically advanced products that enhance patient care and improve healthcare facility efficiency. The industry's focus on patient safety, environmental sustainability and regulatory compliance further strengthens its position in the market. Industry revenue is expected to increase at a CAGR of 4.4% to $2.8 billion in 2023, when revenue will expand an estimated 2.6%.

This industry manufactures beds and other specialized furniture for use in hospital or clinical settings.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry's key players and their market shares.


Table of Contents

ABOUT THIS INDUSTRY
  • Industry Definition
  • Main Activities
  • Similar Industries
  • Additional Resources
INDUSTRY AT A GLANCE
INDUSTRY PERFORMANCE
  • Executive Summary
  • Key External Drivers
  • Current Performance
  • Industry Outlook
  • Industry Life Cycle
PRODUCTS & MARKETS
  • Supply Chain
  • Products & Services
  • Demand Determinants
  • Major Markets
  • International Trade
  • Business Locations
COMPETITIVE LANDSCAPE
  • Market Share Concentration
  • Key Success Factors
  • Cost Structure Benchmarks
  • Basis of Competition
  • Barriers to Entry
  • Industry Globalization
MAJOR COMPANIES
OPERATING CONDITIONS
  • Capital Intensity
  • Technology & Systems
  • Revenue Volatility
  • Regulation & Policy
  • Industry Assistance
KEY STATISTICS
  • Industry Data
  • Annual Change
  • Key Ratios
JARGON & GLOSSARY

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • Hill-Rom Holdings Inc.
  • Stryker Corp
  • Invacare Corporation

Methodology

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