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 resulting from various causes such as outdoor accidents, industrial accidents, wars, fire breakouts, and natural calamities, as well as the rising incidence of life-threatening conditions like stroke, heart attack, and organ failure, healthcare facilities are enhancing their capabilities to provide advanced services and equipment. Specifically, there is a growing demand for intensive care, critical care, acute care, and surgical treatment facilities, which are essential during the treatment of such emergencies. For instance, the Centers for Disease Control and Prevention (CDC) reports that approximately 795,000 people experience a stroke annually in the US alone. To address this need, healthcare providers are investing in advanced equipment, including electric and advanced hospital beds, to improve patient care and outcomes.
Get more information on Hospital Beds Market by requesting a sample report
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:
Rich Experience: 20+ years leading global market research, trusted insights across industries.
Unlock Business Potential with Technavio: Maximize ROI with Technavio's tailored market research: deep dives and actionable insights.
Your Guide to Market Success: Empower your business with Technavio's market research and future-proof your decisions.
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 |
Find out which segment is leading the market by accessing the free PDF report
The Hospital Beds Market encompasses advanced solutions, including lateral rotation and automatic bed turning features, smart bed technology, and patient monitoring integration. These beds offer remote control, wireless connectivity, data analytics, and come with material durability, corrosion resistance, and recyclable materials. Quality control and supply chain management ensure cost optimization through hospital bed procurement. Services like rental and lease agreements cater to various care settings, including acute care, chronic care, home healthcare, and long-term care. Prioritizing patient comfort, sleep quality, safety, and healthcare efficiency, these beds deliver optimal clinical outcomes.
The Hospital Beds Market, a segment of the expansive Global Healthcare Equipment Market, encompasses the production and sales of hospital bed frames, mattress support systems, electric bed adjustments, bedside rails, and overbed tables. These products fall under the category of healthcare capital equipment, which is a significant sector within the broader healthcare equipment industry. The Global Healthcare Equipment Market is characterized by continuous research and development (R&D) in various product categories, including instruments, implants, accessories, and consumables, used for disease diagnosis, monitoring, and treatment. Technavio, a leading technology research agency, calculates the market size based on the combined revenue generated by manufacturers of diagnostic equipment and devices across multiple therapy areas. The healthcare equipment industry is segmented into Devices, which includes advanced, differentiated, and clinically tested data-driven devices.. Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.
Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/
Safe and Secure SSL Encrypted