Hospital/Medical Beds Market by Product (Bed, Accessories), Technology (Manual, Powered), Type of Care (Rehabilitative, Curative, Long Term), Healthcare Facility (Pediatric, Maternal, Bariatric, Critical, Homecare, Med Surg)?Global Forecast to 2030.

The hospital/medical beds market is projected to reach $6.66 billion by 2030, at a CAGR of 6.4% from 2023 to 2030.

Succeeding an extensive secondary and primary research and in-depth analysis of the market scenario, the report carries out the key industry drivers, restraints, challenges, and opportunities. The growth in the hospital/medical beds market is attributed to factors such as the increasing elderly population coupled with the growing prevalence of chronic diseases, the increasing number of hospitals, the COVID-19 pandemic, and the launch of technologically advanced beds.

Based on product, in 2023, the beds segment accounted for the largest share of the market. The key factors attributed to this segment’s large market share are the expansion of medical facilities globally, the high demand for advanced beds for long-term home care, and the high prevalence of chronic diseases. Owing to the advancing healthcare infrastructure globally, the patient inflow to medical facilities has increased, generating the demand for hospital beds.

Based on technology, the market is segmented into powered beds, manual beds, and smart beds. In 2023, the powered beds segment is expected to account for the largest share of the market. High demand for quality healthcare, high preference for technologically advanced beds, and a rise in the number of private hospitals offering high-quality healthcare services are the key factors contributing to the large market share of this segment.

Based on type of care, the market is segmented into curative care, long-term care, and rehabilitative care. In 2022, the curative care segment accounted for the largest share of the market. Increased incidence of injuries, high adoption of medical beds for curative treatments, rise in road accidents, and the outbreak of COVID-19 are the factors generating the high demand for curative care.

Based on healthcare facility, the critical care unit segment is projected to register the highest CAGR over the forecast period. The large market share of this segment is attributed to the high rate of hospital admissions due to chronic illnesses, the rise in cardiovascular diseases, and the high risk of the aging population to diseases requiring care for an extended duration.

An in-depth analysis of the geographical scenario of the hospital/medical beds market provides detailed qualitative and quantitative insights into five major geographies (North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa) along with the coverage of major countries in each region.

In 2023, Europe is expected to command the largest share of the hospital/medical beds market, followed by North America. The rise in maternity hospitals, government initiatives for promoting advanced infrastructure in the healthcare sector, and a strong healthcare system with well-qualified medical teams are the factors attributed to the large share of this regional market.

Some of the key players operating in the hospital/medical beds market are Stryker Corporation (U.S.), Hill-Rom Holding, Inc. (Part of Baxter International Inc.) (U.S.), Invacare Corporation (U.S.), Getinge AB (Sweden), Paramount Bed Holdings Co., Ltd. (Japan), Medline Industries, LP (U.S.), Stiegelmeyer GmbH & Co. KG (Germany), LINET Group SE (Czech Republic), Joerns Healthcare LLC. (U.S.), Drive DeVilbiss Healthcare (U.S.), Savaria Corporation (Canada), Midmark Corporation (U.S.), Amico Corporation (U.S.), Famed Zywiec Sp. z o.o. (Poland), and Malvestio Spa (A Subsidiary of Malvestio Group) (Italy).

Scope of the Report:
Global Hospital/Medical Beds Market, by Product

  • Beds
  • Accessories

Global Hospital/Medical Beds Market, by Technology

  • Powered Beds
    • Electric Beds
    • Semi-electric Beds
  • Manual Beds
  • Smart Beds

Global Hospital/Medical Beds Market, by Type of Care

  • Curative Care
  • Long-term Care
  • Rehabilitative Care

Global Hospital/Medical Beds Market, by Healthcare Facility

  • Critical Care Unit
  • Bariatric Care Unit
  • Long-term Care Unit
  • Homecare Settings
  • Med-surg Care Unit
  • Pediatric Care Unit
  • Maternal Care Unit

Global Hospital/Medical Beds Market, by Geography

  • North America
    • U.S.
    • Canada
  • Europe
    • Germany
    • France
    • U.K.
    • Italy
    • Spain
    • Rest of Europe (RoE)
  • Asia-Pacific
    • China
    • Japan
    • India
    • Rest of Asia Pacific (RoAPAC)
  • Latin America
    • Brazil
    • Mexico
    • Argentina
    • Rest of Latin America (RoLATM)
  • Middle East & Africa