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Hospital Beds - Global Strategic Business Report

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    Report

  • 720 Pages
  • July 2024
  • Region: Global
  • Global Industry Analysts, Inc
  • ID: 338841
The global market for Hospital Beds is estimated at US$4.4 Billion in 2023 and is projected to reach US$6.9 Billion by 2030, growing at a CAGR of 6.7% from 2023 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions.

The growth in the hospital beds market is driven by several factors. The increasing prevalence of chronic diseases and the rising number of surgical procedures have led to a higher demand for hospital beds in healthcare facilities. Technological advancements, such as the development of smart beds with integrated monitoring systems and electronic controls, are enhancing the functionality and appeal of modern hospital beds. The aging population and the associated increase in long-term care needs are also significant drivers, as more elderly patients require specialized hospital beds for extended care. Additionally, the ongoing expansion of healthcare infrastructure, particularly in emerging economies, is boosting the demand for hospital beds. The shift towards home healthcare and the growing trend of medical tourism are further contributing to the market`s growth by increasing the need for versatile and advanced hospital bed solutions.

Key Insights:

  • Market Growth: Understand the significant growth trajectory of the Non-Intensive Hospital Beds segment, which is expected to reach US$4.1 Billion by 2030 with a CAGR of a 7.4%. The Intensive Hospital Beds segment is also set to grow at 5.7% CAGR over the analysis period.
  • Regional Analysis: Gain insights into the U.S. market, estimated at $1.0 Billion in 2023, and China, forecasted to grow at an impressive 8.8% CAGR to reach $934.2 Million by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.

Why You Should Buy This Report:

  • Detailed Market Analysis: Access a thorough analysis of the Global Hospital Beds Market, covering all major geographic regions and market segments.
  • Competitive Insights: Get an overview of the competitive landscape, including the market presence of major players across different geographies.
  • Future Trends and Drivers: Understand the key trends and drivers shaping the future of the Global Hospital Beds Market.
  • Actionable Insights: Benefit from actionable insights that can help you identify new revenue opportunities and make strategic business decisions.

Key Questions Answered:

  • How is the Global Hospital Beds Market expected to evolve by 2030?
  • What are the main drivers and restraints affecting the market?
  • Which market segments will grow the most over the forecast period?
  • How will market shares for different regions and segments change by 2030?
  • Who are the leading players in the market, and what are their prospects?

Report Features:

  • Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2023 to 2030.
  • In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
  • Company Profiles: Coverage of major players such as Arjo AB, Besco Medical Limited, Famed Zywiec Sp. z o.o., and more.
  • Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.

Select Competitors (Total 198 Featured):

  • Arjo AB
  • Besco Medical Limited
  • Famed Zywiec Sp. z o.o.
  • Gendron, Inc.
  • Invacare Corporation
  • Jiangsu Saikang Medical Equipment Co., Ltd.
  • Joerns Healthcare LLC
  • LINET Spol. Sro
  • Malvestio Spa
  • Medline Industries, LP.
  • Missaglia Srl
  • Paramount Bed Co., Ltd.
  • Savion Industries
  • Stiegelmeyer GmbH & Co. KG
  • Stryker Corporation

Table of Contents

I. METHODOLOGYII. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
  • Impact of COVID-19 Pandemic and Looming Global Recession; Living with COVID-19, the New Normal
  • Stagflation and Risk of Recession: New Challenges Emerge for the Global Market
  • World Economic Growth Projections (Real GDP, Annual % Change) for the Years 2021, 2022, 2023 and 2024
  • COVID-19 Pandemic Causes Great Distress to Hospitals
  • Inexorable Rise in COVID-19 Cases Exhausts Supplies of Critical Medical Equipment and Hospital Beds
  • Triaging: A Relevant Strategy to Address Resource Shortage
  • Competitive Scenario
  • Hospital Beds - Global Key Competitors Percentage Market Share in 2024 (E)
  • Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2024 (E)
  • Hospital Beds: A Critical Part of Patient Care Environment
  • Global Market Prospects & Outlook
  • Growth Drivers and Deterrents
  • Emerging Markets Drive Future Growth Opportunities
  • Factors Driving Growth by Bed Type
  • Factors Influencing Demand for Beds: (Rating on a 1-10 Scale)
  • Electric Beds Witness Stronger Growth
  • Hospital Bed Density Worldwide: A Review
  • Need for New Hospital Constructions to Drive Demand
  • Rising Incidence of Chronic Diseases and Global Pandemics Contribute to Demand
  • Global Cancer Incidence: Number of New Cancer Cases in Million for the Years 2018, 2020, 2025, 2030, 2035 and 2040
  • World Diabetes and Population Statistics (2019, 2030 & 2045)
  • Efficient and Cost-Effective Hospital Bed Design Continues to Gain R&D Focus
  • An Introduction to Hospital Beds
  • Medical Beds
  • Types of Beds
  • Manual Beds
  • Semi-Electric Beds
  • Electric Beds
  • Categorization on he Basis of Specialty Functions
  • General Purpose Beds
  • Birthing Beds
  • Pediatric Beds
  • Bariatric Beds
  • Pressure-Relief Beds
  • Recent Market Activity
  • Select Global Brands
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
  • COVID-19 Pandemic Galvanizes Demand for Smart Hospital Beds
  • Innovation in Hospital Bed Designs Ensures Increased Patient Safety
  • Smart Beds Bring in a Transition to Healthcare Standards
  • Players Focus on Advanced Technologies for Improved Functionalities
  • Chula Engineering’s Smart Hospital Bed
  • ProCuity Hospital Bed, First-of-its-kind Wireless Hospital Bed Innovation from Stryker
  • Select Innovations by Other Companies
  • Progressive Mobility: A Growing Area of Focus in Bed Design
  • Safety Features Gain Significance in Bed Designing
  • Focus Grows on Beds Designed for Home Care
  • Manufacturers Focus on Designing Beds with Additional Features for Bariatric Patients
  • Birthing Beds Equipped with New Features to Ensure Safe and Easy Delivery
  • Rise in HAPU Incidence Results in Growing Emphasis on Pressure Relief Beds
  • Medical Tourism Offers Growth Opportunities in Emerging Markets
  • Most Traveled Destinations for Medical Procedures in Emerging Markets and Cost Savings Compared to the US
  • Comparative Procedure Costs: US vs India, Thailand, Singapore (In US$ Million)
  • Growing Focus on Outpatient Care to Impact Bed Demand
  • Stylish and Adjustable Beds: An Evolving Area of Interest
  • Rise in Preference for Support Surface Versatility
  • Impact of Healthcare Expenditure on Market Growth
  • World Healthcare Expenditure (In US$ Billion) for the Years 2017-2023E
  • Burgeoning Geriatric Population Demand Greater Clinical Care
  • Elderly Healthcare Expenditure as a % of GDP
  • Global Population Statistics for the 65+ Age Group in Million by Geographic Region for the Years 2019, 2025, 2035 and 2050
  • Life Expectancy at Age 60 and 80 Years - (2010-2015), (2020-2025) & (2045-2050)
  • Growth in Obesity Numbers Drive Demand for Bariatric Beds
  • World Obesity Prevalence (2015 & 2023): Percentage of Obese Population for Leading Ten Countries
  • Growing Burden of Obesity Worldwide: Obesity as a % of Total Healthcare Expenditure Across Select Countries: 2020-2050
  • Increase in Birth Rate and Pediatric Population Offers Opportunities
  • Global New Births (in Millions) per Annum by Geographic Region
4. GLOBAL MARKET PERSPECTIVE
  • Table 1: World Recent Past, Current & Future Analysis for General Purpose by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2023 through 2030 and % CAGR
  • Table 2: World Historic Review for General Purpose by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2022 and % CAGR
  • Table 3: World 16-Year Perspective for General Purpose by Geographic Region - Percentage Breakdown of Volume Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • Table 4: World Recent Past, Current & Future Analysis for Pressure Relief by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2023 through 2030 and % CAGR
  • Table 5: World Historic Review for Pressure Relief by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2022 and % CAGR
  • Table 6: World 16-Year Perspective for Pressure Relief by Geographic Region - Percentage Breakdown of Volume Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • Table 7: World Recent Past, Current & Future Analysis for Pediatric by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2023 through 2030 and % CAGR
  • Table 8: World Historic Review for Pediatric by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2022 and % CAGR
  • Table 9: World 16-Year Perspective for Pediatric by Geographic Region - Percentage Breakdown of Volume Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • Table 10: World Recent Past, Current & Future Analysis for Birthing by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2023 through 2030 and % CAGR
  • Table 11: World Historic Review for Birthing by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2022 and % CAGR
  • Table 12: World 16-Year Perspective for Birthing by Geographic Region - Percentage Breakdown of Volume Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • Table 13: World Recent Past, Current & Future Analysis for Other Segments by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2023 through 2030 and % CAGR
  • Table 14: World Historic Review for Other Segments by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2022 and % CAGR
  • Table 15: World 16-Year Perspective for Other Segments by Geographic Region - Percentage Breakdown of Volume Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • Table 16: World Recent Past, Current & Future Analysis for Non-Intensive by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2023 through 2030 and % CAGR
  • Table 17: World Historic Review for Non-Intensive by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2022 and % CAGR
  • Table 18: World 16-Year Perspective for Non-Intensive by Geographic Region - Percentage Breakdown of Volume Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • Table 19: World Recent Past, Current & Future Analysis for Intensive by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2023 through 2030 and % CAGR
  • Table 20: World Historic Review for Intensive by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2022 and % CAGR
  • Table 21: World 16-Year Perspective for Intensive by Geographic Region - Percentage Breakdown of Volume Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • Table 22: World Recent Past, Current & Future Analysis for Manual by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2023 through 2030 and % CAGR
  • Table 23: World Historic Review for Manual by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2022 and % CAGR
  • Table 24: World 16-Year Perspective for Manual by Geographic Region - Percentage Breakdown of Volume Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • Table 25: World Recent Past, Current & Future Analysis for Electric by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2023 through 2030 and % CAGR
  • Table 26: World Historic Review for Electric by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2022 and % CAGR
  • Table 27: World 16-Year Perspective for Electric by Geographic Region - Percentage Breakdown of Volume Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • Table 28: World Recent Past, Current & Future Analysis for Semi-Electric by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2023 through 2030 and % CAGR
  • Table 29: World Historic Review for Semi-Electric by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2022 and % CAGR
  • Table 30: World 16-Year Perspective for Semi-Electric by Geographic Region - Percentage Breakdown of Volume Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • Table 31: World Hospital Beds Market Analysis of Annual Sales in US$ Thousand for Years 2014 through 2030
  • Table 32: World Recent Past, Current & Future Analysis for Hospital Beds by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2023 through 2030 and % CAGR
  • Table 33: World Historic Review for Hospital Beds by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2022 and % CAGR
  • Table 34: World 16-Year Perspective for Hospital Beds by Geographic Region - Percentage Breakdown of Volume Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets for Years 2014, 2024 & 2030
III. MARKET ANALYSIS
UNITED STATES
  • Hospital Beds Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United States for 2024 (E)
  • Market Overview
  • COVID-19 Triggers Massive Surge in Demand
  • Projected Shortage of ICU Beds Across Select US States Amid COVID-19 Pandemic
  • Cumulative Rate of COVID-19 Associated Hospitalizations (per 100,000 Population) in the US by Age Group: June 2020
  • Shortage of Nursing Staff in the US During Winter of 2021
  • An FASB Accounting Standard for Surge Capacity Plans of Hospitals
  • Urgent Need for Surge Capacity Hospital Space to Deal with Future Healthcare Emergencies
  • Elective Procedure Volumes to Take Time to Reach Pre-COVID Levels
  • Large Hospitals Account for More ICU Beds
  • Number of Hospitals in the US by Type: 2023E
  • Growth in Outpatient Services and Impact on Hospitals Beds
  • Innovations Spur Replacement Sales
  • Pricing and Replacement Cycle for Hospital Beds
  • Adjustable Beds Garner Interest
  • Aging Population: Long Term Growth Driver
  • US Elderly Population: Expected Growth Rates Over the Years 2005-2025
  • Assisted Living Influences Demand for Nursing Home Beds
  • Rising Obesity Levels Spur Demand for Specialty Beds
  • Rise in Number of Pediatric Patients Lead to Demand for Pediatric Beds
  • Growth in Home Care Services Supports Demand
  • Competitive Scenario
  • US Community Hospitals
  • Market Analytics
CANADA
  • Market Overview
JAPAN
  • Hospital Beds Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Japan for 2024 (E)
  • COVID-19 Outbreak & Graying Population Spur Growth
  • Breakdown of Population by Age Group in Japan: 2010, 2020, and 2025
CHINA
  • Hospital Beds Market Presence - Strong/Active/Niche/Trivial - Key Competitors in China for 2024 (E)
  • COVID-19 Impacts Demand for Hospital Beds
  • Bed Shortage in Wuhan Hospitals during Lockdown Raises Questions on Equality of Healthcare Access to Vulnerable Population
  • Large Population & Increasing Healthcare Expenditure to Drive Future Growth
  • Licensed Beds in China (2023E): Percentage Share Breakdown of Number of Available Beds in Public and Private Hospitals
EUROPE
  • Hospital Beds Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Europe for 2024 (E)
  • Market Overview
  • COVID-19 Pandemic Disrupts the Demand-Supply Equation for Hospital Beds in Europe
FRANCE
  • Market Overview
GERMANY
  • Market Overview
  • Low Digitization Levels and Shortage of Nursing Staff Affects Healthcare System During Pandemic
ITALY
  • Market Overview
UNITED KINGDOM
  • Market Overview
SPAIN
RUSSIA
  • Market Overview
REST OF EUROPE
ASIA-PACIFIC
  • Hospital Beds Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Asia-Pacific for 2024 (E)
  • Market Overview
AUSTRALIA
  • Market Overview
INDIA
  • Market Overview
  • Established Medical Tourism Sector Augers Well for Future Growth
SOUTH KOREA
REST OF ASIA-PACIFIC
  • Indonesia
LATIN AMERICA
  • Hospital Beds Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Latin America for 2024 (E)
ARGENTINA
BRAZIL
  • Market Overview
MEXICOREST OF LATIN AMERICA
MIDDLE EAST
  • Market Overview
IRANISRAELSAUDI ARABIAUNITED ARAB EMIRATESREST OF MIDDLE EAST
AFRICA
  • South Africa
IV. COMPETITION

Companies Mentioned (Partial List)

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

  • Arjo AB
  • Besco Medical Limited
  • Famed Zywiec Sp. z o.o.
  • Gendron, Inc.
  • Invacare Corporation
  • Jiangsu Saikang Medical Equipment Co., Ltd.
  • Joerns Healthcare LLC
  • LINET Spol. Sro
  • Malvestio Spa
  • Medline Industries, LP.
  • Missaglia Srl
  • Paramount Bed Co., Ltd.
  • Savion Industries
  • Stiegelmeyer GmbH & Co. KG
  • Stryker Corporation

Table Information