The Hospital Beds Market is being driven by Rise in infectious diseases
The Hospital Beds Market is expected to grow at a CAGR of 9.9% during 2024 and 2029. During this period, the market is also expected to show a growth of USD 2693.5 million. In response to the increasing prevalence of medical emergencies due to accidents, wars, natural disasters, and life-threatening conditions such as stroke, heart attack, and organ failure, healthcare providers are enhancing their capabilities to deliver advanced services and equipment. Notably, approximately 795,000 individuals in the US experience a stroke annually. To cater to the surging demand for casualty services, hospitals are expanding their intensive care, critical care, acute care, and surgical treatment facilities with advanced equipment like electric hospital beds. These upgrades are crucial for addressing the complex medical needs that arise during emergency situations.
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The market is segmented based on
According to Technavio, There are several factors that are causing the market to flourish during the forecast period, which are as follows:
However, the market also witnesses some limitations, which are as follows:
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Market Scope |
|
Report Coverage |
Details |
Page number |
222 |
Base year |
2024 |
Historic period |
2019-2023 |
Forecast period |
2025-2029 |
Growth momentum & CAGR |
Accelerate at a CAGR of 9.9% |
Market growth 2025-2029 |
USD 2693.5 million |
Market structure |
fragmentation |
YoY growth 2024-2025(%) |
8.8 |
Key countries |
US, China, Germany, Canada, France, Brazil, Japan, India, UK, and South Korea |
Competitive landscape |
Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks |
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The Hospital Beds Market encompasses various safety features, accessories, and advanced technologies. These include bed safety mechanisms, infection control measures, patient comfort features, and emergency response systems. Bed accessories, medical bed technology, and bed durability standards are also crucial. Clinical workflow efficiency, staff ergonomics, and patient handling equipment are essential considerations. Bed maintenance protocols, cleaning procedures, and disinfection protocols ensure hygiene. Patient turning systems, pressure relief systems, and mobility assessment promote patient safety. Clinical risk management and patient safety guidelines are integral to the market. Mattress selection, bed construction materials, and surface materials are key factors, along with integrated patient monitoring, wireless monitoring systems, remote diagnostics, bed automation, and clinical workflow efficiency. Bedside communication systems and healthcare bed standards complete the offerings, with a focus on infection control, patient comfort, and staff ergonomics.
The Hospital Beds Market, a segment of the expansive Global Healthcare Equipment Market, encompasses the production and sales of adjustable bed frames, pressure ulcer prevention solutions, bariatric bed designs, and patient lift systems. These products fall under the Devices segment of the healthcare equipment industry, which also includes advanced, differentiated, and clinically tested data-driven devices used for disease diagnosis, monitoring, and treatment. According to Technavio, the Global Healthcare Equipment Market size is determined by the combined revenue generated by manufacturers of various diagnostic equipment and devices across multiple therapy areas.. Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.
Technavio Research
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