Medical Bed Market : Introduction

As most patients are unable to move around to obtain treatment and relaxation is crucial for them, hospital beds are essential components needed at healthcare institutions. The global market for medical/hospital beds is anticipated to grow as a result of factors including an ageing population and an increase in the prevalence of chronic diseases; an increase in hospital admissions as a result of the recent COVID-19 pandemic and other infectious diseases; an increase in the number of hospitals with modern infrastructure, furnishings, and equipment; and the introduction of technologically advanced beds.

Additionally, issues including patients’ desire for minimally invasive procedures, their use of ambulatory surgical and healthcare facilities, and the decline in funding for public hospitals, which results in a reduced uptake of advanced beds in the facilities, may impede progress.

Overview

The medical bed market is anticipated to grow by 5.6 percent annually to $3.41 billion by 2022 from $2.59 billion in 2017. The base year taken into account for this report is 2016, and the projected horizon is 2017–2022. The market for medical beds is anticipated to increase in the next years as a result of factors like rising investments in healthcare infrastructure development, technical advancements in ICU beds, rising numbers of beds in private hospitals, and rising numbers of chronic care patients. However, the decreasing number of beds in public hospitals may partially restrain market expansion. Home care is a growing trend that is anticipated to offer a variety of options to participants in the In the global market for medical beds, the demand for beds in home care settings is anticipated to be a significant trend. The medical beds market is expected to grow at a CAGR of 3.7%.

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Segmentation Analysis of Global   Medical Bed Market

Based on type

Long Term Care Bed
Maternal Bed
Critical Bed
Medical Surgical Bed

Based on application

Household Medical Bed
Hospital Medical Bed

Competitive Landscape

Hill-Rom Holdings, Inc.
Invacare Corporation
Drive Medical
Stryker Corporation.
ArjoHuntleigh
Gendron Inc
Graham Field Health Products, Inc.
Hard Manufacturing Co
Umano Medical
Transfer Master
American Medical Equipment (AME)
ProBed Medical

Major questions answered in this report

What is the driving factor for the growth of the Medical Bed market?
• How will the COVID-19 pandemic impact the demand and consumption of the Medical Bed market?
• What is the major application area of the Medical Bed market?
• Who are the Medical Bed manufacturers across the globe?
• Which geographical location is dominant in the Medical Bed market?
• Which are the top industry players in the Medical Bed market?

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Key takeaways from the report

global market for medical beds, the demand for beds in home care settings is anticipated to be a significant trend. The medical beds market is expected to grow at a CAGR of 3.7%.

The effect of COVID-19

As a result of the advent of cutting-edge medical treatments and rising internet usage, healthcare companies are currently operating in a dynamic environment that is undergoing seismic shifts. This has smart patients being more cautious, along with unmatched online access to astonishing amounts of knowledge. As a result, there is a growing need for intelligent, reasonably priced, and customised healthcare services. The COVID-19 epidemic has also increased demand for healthcare and related goods and services, boosting the performance of the healthcare sector as a whole.

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