Hospital Beds Market By Type (Regular Beds, ICU Beds, Pediatric Beds, Birthing Beds, Bariatric Beds, Pressure Relief Beds, and Others), By Treatment (Critical Care Beds, Acute Care Beds, and Long-term Care Beds), By Power Type (Manual, Semi-electric, and Electric), Industry Analysis, Size, Share, Growth, Trends, and Forecasts 2023-2030

Market Overview

Hospital beds are durable medical equipment. It is designed to provide services such as safety, comfort, relief, and flexibility while the doctor and nurse are treating a patient in the recovery period or operation period. It can be adjusted at the head and foot of the bed. Hospital bed are used for patients in the hospital and can be rented or bought for home use.

Hospital Beds market was valued at 4.4 billion US$ in 2022 and is projected to reach 8 billion US$ by 2030, at a CAGR of 7.6% during the forecast period.

Market Dynamics

Rising Prevalence of chronic and infectious diseases is boosting the global hospital beds market. The treatment of patients includes hospitalization and long-term care, facilitating the demand for Durable Medical Equipment (DME), including hospital beds. Moreover, growing demand for home care setting would provide lucrative opportunities for the market in the coming years.

Market Segmentation

The global hospital beds market is mainly classified based on Type, Treatment, Power Type. Type is further segmented into Regular Beds, ICU Beds, Pediatric Beds, Birthing Beds, Bariatric Beds, Pressure Relief Beds, and Others. By Treatment, the market is divided into Critical Care Beds, Acute Care Beds, and Long-term Care Beds. By Power Type, the market is further divided into Manual, and Semi-electric, Electric.

ICU Beds has shown significant growth in 2019. ICU beds are advanced bed systems intended to be utilized for critical care. These beds are equipped with the advanced features such as continuous lateral rotation therapy, postural sitting position, weight-based pressure distribution, climate management technology in mattresses, exit sensor with alarm systems, data management on the patient, therapy reminders, and safety and emergency alarm system. The rising demand for ICU beds, commercialization of new ICU bed and technological advancement of hospital beds are some of the factors boosting the global hospital bed market. For instance, Hill-Rom, a world’s leading hospital bed manufacturer, has integrated EarlySense’s contact-free heart rate and respiratory rate sensing and analytics technology into Hill-Rom’s Centrella Smart+ bed platform. It reduces overall ICU length-of-stay days by 45%. This technology offers a complete patient safety platform to assist clinicians by providing the highest level of care.

Regional Analysis

Based on geography, the global hospital beds market is divided into North America, Europe, Asia-Pacific, South America, and Middle East & Africa. North America is further divided in the U.S., Canada, and Mexico, whereas Europe consists of the UK, Germany, France, Italy, and Rest of Europe. Asia-Pacific is segmented into India, China, Japan, South Korea, and Rest of Asia-Pacific. The South America region includes Brazil, Argentina, and the Rest of South America, while the Middle East & Africa is categorized into GCC Countries, Egypt, South Africa, and Rest of Middle East & Africa.

North America was dominating the global hospital bed market in 2019. The increasing partnership between companies to develop advanced hospital beds, commercialization of new products, and government initiative to provide support for hospital beds are major factors driving the North America hospital bed market. For instance, Arizona Department of Health Services, has increased the number of available hospital beds in the state by 50% due to COVID-19 illness. Arizona Department of Health Services will double the ICU beds from the current 1,500 to 3,000 and increase its non-ICU hospital beds from 16,000 to 29,000. Moreover, competitive advancement between companies to expand their business in North America is also one of the key strategies adopted by the companies. For instance, Stryker Corporation has acquired Canada-based CHG Hospital Beds, Inc., CHG manufactures low-height hospital beds and related accessories designed to minimize the risk of falls among patients. This acquisition will boost Stryker Medical’s bed offerings and allows to offer additional solutions to the customers in the United States and Canada.

Competitive landscape

Key players operating in the hospital beds industry include Savion Industries Ltd, Invacare Corporation, Span-America Medical Systems, Inc., Stiegelmeyer GmbH & Co. KG, Gendron Inc., Hill Rom, Inc., ArjoHuntleigh AB, Stryker Corporation, Paramount Beds Co., Ltd., LINET spol. s r.o.

The increasing partnership between companies to develop advanced hospital beds, commercialization of new products, competitive advancement between companies to expand their business, strategic collaboration, and expanding the geographical presence by the companies are some of the strategies adopted by the companies. For instance, on February 14, 2018, Paramount Beds, a Japanese manufacturer of hospital beds, has introduced its factory in Gurugram, Haryana to cater in the Indian market. The company is planning to expand the production of hospital beds to reduce the shortage of hospital beds.

Hospital Beds Market Key Segments

By Type
• Regular Beds
• ICU Beds
• Pediatric Beds
• Birthing Beds
• Bariatric Beds
• Pressure Relief Beds
• Others

By Treatment
• Critical Care Beds
• Acute Care Beds
• Long-term Care Beds

By Power Type
• Manual
• Semi-electric
• Electric

Key Global Hospital Beds Industry Players

• Savion Industries Ltd
• Invacare Corporation
• Span-America Medical Systems, Inc.
• Stiegelmeyer GmbH & Co. KG
• Gendron Inc.
• Hill Rom, Inc.
• ArjoHuntleigh AB
• Stryker Corporation
• Paramount Beds Co., Ltd.
• LINET spol. s r.o.

Table of Content

1. Market Introduction
1.1. Executive Summary
1.2. Market Definition
1.3. Market Scope

2. Research Methodology
2.1. Primary Research
2.2. Research Methodology
2.3. Assumptions & Exclusions
2.4. Secondary data sources

3. Hospital Beds Market Overview
3.1. Report Segmentation & Scope
3.2. Key Market Trend
3.3. Drivers
3.3.1. Rising Prevalence of Chronic and Infectious Diseases
3.3.2. Technological Advancement in Hospital Beds
3.3.3. Rising Demand for Hospital Beds
3.4. Restraints
3.4.1. The High Cost of Hospital Beds
3.5. Opportunity
3.5.1. The Growing Demand for Home Care Setting
3.6. Porter’s Five Forces Analysis
3.6.1. Porter’s Five Forces Analysis
3.7. Market Share Analysis

4. Type Overview
4.1. Introduction
4.1.1. Market Size & Forecast
4.2. Regular Beds
4.2.1. Market Size & Forecast
4.3. ICU Beds
4.3.1. Market Size & Forecast
4.4. Pediatric Beds
4.4.1. Market Size & Forecast
4.5. Birthing Beds
4.5.1. Market Size & Forecast
4.6. Bariatric Beds
4.6.1. Market Size & Forecast
4.7. Pressure Relief Beds
4.7.1. Market Size & Forecast
4.8. Others
4.8.1. Market Size & Forecast

5. Treatment Overview
5.1. Introduction
5.1.1. Market Size & Forecast
5.2. Critical Care Beds
5.2.1. Market Size & Forecast
5.3. Acute Care Beds
5.3.1. Market Size & Forecast
5.4. Long-term Care Beds
5.4.1. Market Size & Forecast

6. Power Type Overview
6.1. Introduction
6.1.1. Market Size & Forecast
6.2. Manual
6.2.1. Market Size & Forecast
6.3. Semi-electric
6.3.1. Market Size & Forecast
6.4. Electric
6.4.1. Market Size & Forecast

7. Hospital Beds Market Regional Overview
7.1. Introduction
7.1.1. Market Size & Forecast
7.2. North America Hospital Beds Market
7.2.1. North America Market Size & Forecast, By Country
7.2.2. North America Market Size & Forecast, By Type
7.2.3. North America Market Size & Forecast, By Treatment
7.2.4. North America Market Size & Forecast, By Power Type
7.2.5. The U.S.
7.2.5.1. Market Size and Forecast
7.2.6. Canada
7.2.6.1. Market Size and Forecast
7.2.7. Mexico
7.2.7.1. Market Size and Forecast
7.3. Europe Hospital Beds Market
7.3.1. Europe Market Size & Forecast, By Country
7.3.2. Europe Market Size & Forecast, By Type
7.3.3. Europe Market Size & Forecast, By Treatment
7.3.4. Europe Market Size & Forecast, By Power Type
7.3.5. Germany
7.3.5.1. Market Size and Forecast
7.3.6. France
7.3.6.1. Market Size and Forecast
7.3.7. UK
7.3.7.1. Market Size and Forecast
7.3.8. Italy
7.3.8.1. Market Size and Forecast
7.3.9. Spain
7.3.9.1. Market Size and Forecast
7.3.10. Rest of Europe
7.3.10.1. Market Size and Forecast
7.4. Asia-Pacific Hospital Beds Market
7.4.1. Asia-Pacific Market Size & Forecast, By Country
7.4.2. Asia-Pacific Market Size & Forecast, By Type
7.4.3. Asia-Pacific Market Size & Forecast, By Treatment
7.4.4. Asia-Pacific Market Size & Forecast, By Power Type
7.4.5. Japan
7.4.5.1. Market Size and Forecast
7.4.6. China
7.4.6.1. Market Size and Forecast
7.4.7. Australia
7.4.7.1. Market Size and Forecast
7.4.8. India
7.4.8.1. Market Size and Forecast
7.4.9. South Korea
7.4.9.1. Market Size and Forecast
7.4.10. Rest of Asia-Pacific
7.4.10.1. Market Size and Forecast
7.5. South America Hospital Beds Market
7.5.1. South America Market Size & Forecast, By Country
7.5.2. South America Market Size & Forecast, By Type
7.5.3. South America Market Size & Forecast, By Treatment
7.5.4. South America Market Size & Forecast, By Power Type
7.5.5. Brazil
7.5.5.1. Market Size and Forecast
7.5.6. Argentina
7.5.6.1. Market Size and Forecast
7.5.7. Rest of South America
7.5.7.1. Market Size and Forecast
7.6. Middle East & Africa Hospital Beds Market
7.6.1. Middle East & Africa Market Size & Forecast, By Country
7.6.2. Middle East & Africa Market Size & Forecast, By Type
7.6.3. Middle East & Africa Market Size & Forecast, By Treatment
7.6.4. Middle East & Africa Market Size & Forecast, By Power Type
7.6.5. GCC Countries
7.6.5.1. Market Size and Forecast
7.6.6. Egypt
7.6.6.1. Market Size and Forecast
7.6.7. South Africa
7.6.7.1. Market Size and Forecast
7.6.8. Rest of Middle East & Africa
7.6.8.1. Market Size and Forecast

8. Company Profile
8.1. Savion Industries Ltd
8.1.1. Company Basic Information, Manufacturing Base, Sales Area and Its Competitors
8.1.2. Savion Industries Ltd Product Category, Application, and Specification
8.1.3. Savion Industries Ltd Financial Performance (2016-2018)
8.1.4. Main Business/Business Overview
8.2. Invacare Corporation
8.3. Span-America Medical Systems, Inc.
8.4. Stiegelmeyer GmbH & Co. KG
8.5. Gendron Inc.
8.6. Hill Rom, Inc.
8.7. ArjoHuntleigh AB
8.8. Stryker Corporation
8.9. Paramount Beds Co., Ltd.
8.10. LINET spol. s r.o.