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.
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 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 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.
This product will be delivered within 3-5 business days.
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.
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 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 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.
This product will be delivered within 3-5 business days.
Table of Contents
1. Executive Summary2. Automated Hospital Beds Market Characteristics3. Automated Hospital Beds Market Trends and Strategies32. Global Automated Hospital Beds Market Competitive Benchmarking33. Global Automated Hospital Beds Market Competitive Dashboard34. Key Mergers and Acquisitions in the Automated Hospital Beds Market
4. Automated Hospital Beds Market - Macro Economic Scenario
5. Global Automated Hospital Beds Market Size and Growth
6. Automated Hospital Beds Market Segmentation
7. Automated Hospital Beds Market Regional and Country Analysis
8. Asia-Pacific Automated Hospital Beds Market
9. China Automated Hospital Beds Market
10. India Automated Hospital Beds Market
11. Japan Automated Hospital Beds Market
12. Australia Automated Hospital Beds Market
13. Indonesia Automated Hospital Beds Market
14. South Korea Automated Hospital Beds Market
15. Western Europe Automated Hospital Beds Market
16. UK Automated Hospital Beds Market
17. Germany Automated Hospital Beds Market
18. France Automated Hospital Beds Market
19. Italy Automated Hospital Beds Market
20. Spain Automated Hospital Beds Market
21. Eastern Europe Automated Hospital Beds Market
22. Russia Automated Hospital Beds Market
23. North America Automated Hospital Beds Market
24. USA Automated Hospital Beds Market
25. Canada Automated Hospital Beds Market
26. South America Automated Hospital Beds Market
27. Brazil Automated Hospital Beds Market
28. Middle East Automated Hospital Beds Market
29. Africa Automated Hospital Beds Market
30. Automated Hospital Beds Market Competitive Landscape and Company Profiles
31. Automated Hospital Beds Market Other Major and Innovative Companies
35. Automated Hospital Beds Market Future Outlook and Potential Analysis
36. Appendix
Executive Summary
Automated Hospital Beds Global Market Report 2024 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.
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 COVID-19 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.
- Suitable for supporting your internal and external presentations with reliable high quality data and analysis
- Report will be updated with the latest data and delivered to you along with an Excel data sheet for easy data extraction and analysis.
- All data from the report will also be delivered in an excel dashboard format.
Description
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 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: Semi-Automatic Hospital Beds; Fully Automatic Hospital Beds2) By Technology: Basic Automated Hospital Beds; Smart Automated Hospital Beds
3) By Application: Critical Care; Acute Care; Long Term Care
4) By End User: Hospitals And Clinics; Reproductive Care Centers; Dentistry; Home Care; Other End-Users
Key Companies Mentioned: Becton Dickinson and Company; Stryker Corporation; Malvestio SpA; Medline Industries Inc.; Olympus Corporation
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 Segmentation: 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.
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- 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
Methodology
LOADING...
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 175 |
Published | August 2024 |
Forecast Period | 2024 - 2028 |
Estimated Market Value ( USD | $ 30.9 Billion |
Forecasted Market Value ( USD | $ 42.34 Billion |
Compound Annual Growth Rate | 8.2% |
Regions Covered | Global |