Hospital Beds Global Market to Reach $6.9 Billion by 2030: Safety Features Gain Significance in Bed Designing
17 Jul 2023
DUBLIN, July 17, 2023 /PRNewswire/ -- The "Hospital Beds: Global Strategic Business Report" report has been added to
ResearchAndMarkets.com's offering.
The global market for Hospital Beds estimated at US$4.1 Billion in the year 2022, is projected to reach a revised size of US$6.9 Billion by 2030, growing at a CAGR of 6.6% over the analysis period 2022-2030.
General Purpose, one of the segments analyzed in the report, is projected to record a 7.6% CAGR and reach US$3.5 Billion by the end of the analysis period.
Taking into account the ongoing post pandemic recovery, growth in the Pressure Relief segment is readjusted to a revised 5.6% CAGR for the next 8-year period.
The U.S. Market is Estimated at $952.5 Million, While China is Forecast to Grow at 8.6% CAGR
The Hospital Beds market in the U.S. is estimated at US$952.5 Million in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$934.2 Million by the year 2030 trailing a CAGR of 8.6% over the analysis period 2022 to 2030.
Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 4.8% and 6.5% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 5.8% CAGR. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$782.5 Million by the year 2030.
Select Competitors (Total 198 Featured) -
Famed Zywiec Sp. z.o.o
Jiangsu Saikang Medical Equipment
Linet, spol.s r.o.
Missaglia Spa
Savion Industries
Zhengzhou Besco Medical Co., LTD
Key Topics Covered:
I. METHODOLOGY
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
Impact of COVID-19 Pandemic and Looming Global Recession; Living with COVID-19, the New Normal
Stagflation and Risk of Recession: New Challenges Emerge for the Global Market in 2022 & 2023
World Economic Growth Projections (Real GDP, Annual % Change) for the Years 2020, 2021, 2022 and 2023
COVID-19 Pandemic Causes Great Distress to Hospitals
Inexorable Rise in COVID-19 Cases Exhausts Supplies of Critical Medical Equipment and Hospital Beds
Global Hospital Beds Per 1000 People as of May-2020
Triaging: A Relevant Strategy to Address Resource Shortage
Competitive Scenario
Hospital Beds - Global Key Competitors Percentage Market Share in 2022 (E)
Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)
Hospital Beds: A Critical Part of Patient Care Environment
Global Market Prospects & Outlook
Growth Drivers and Deterrents
Emerging Markets Drive Future Growth Opportunities
Factors Driving Growth by Bed Type
Factors Influencing Demand for Beds: (Rating on a 1-10 Scale)
Electric Beds Witness Stronger Growth
Hospital Bed Density Worldwide: A Review
Need for New Hospital Constructions to Drive Demand
Rising Incidence of Chronic Diseases and Global Pandemics Contribute to Demand
World Diabetes and Population Statistics (2019, 2030 & 2045)
Efficient and Cost-Effective Hospital Bed Design Continues to Gain R&D Focus
An Introduction to Hospital Beds
Medical Beds
Types of Beds
Manual Beds
Semi-Electric Beds
Electric Beds
Categorization on he Basis of Specialty Functions
General Purpose Beds
Birthing Beds
Pediatric Beds
Bariatric Beds
Pressure-Relief Beds
Recent Market Activity
Select Global Brands
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
COVID-19 Pandemic Galvanizes Demand for Smart Hospital Beds
Innovation in Hospital Bed Designs Ensures Increased Patient Safety
Smart Beds Bring in a Transition to Healthcare Standards
Players Focus on Advanced Technologies for Improved Functionalities
Chula Engineering's Smart Hospital Bed
ProCuity Hospital Bed, First-of-its-kind Wireless Hospital Bed Innovation from Stryker
Select Innovations by Other Companies
Progressive Mobility: A Growing Area of Focus in Bed Design
Safety Features Gain Significance in Bed Designing
Focus Grows on Beds Designed for Home Care
Manufacturers Focus on Designing Beds with Additional Features for Bariatric Patients
Birthing Beds Equipped with New Features to Ensure Safe and Easy Delivery
Rise in HAPU Incidence Results in Growing Emphasis on Pressure Relief Beds
Medical Tourism Offers Growth Opportunities in Emerging Markets
Most Traveled Destinations for Medical Procedures in Emerging Markets and Cost Savings Compared to the US
Comparative Procedure Costs: US vs India, Thailand, Singapore (In US$ Million)
Growing Focus on Outpatient Care to Impact Bed Demand
Stylish and Adjustable Beds: An Evolving Area of Interest
Rise in Preference for Support Surface Versatility
Impact of Healthcare Expenditure on Market Growth
World Healthcare Expenditure (In US$ Billion) for the Years 2017-2023
Burgeoning Geriatric Population Demand Greater Clinical Care
Elderly Healthcare Expenditure as a % of GDP
Global Population Statistics for the 65+ Age Group in Million by Geographic Region for the Years 2019, 2025, 2035 and 2050
Life Expectancy at Age 60 and 80 Years - (2010-2015), (2020-2025) & (2045-2050)
Growth in Obesity Numbers Drive Demand for Bariatric Beds
World Obesity Prevalence (2015 & 2022): Percentage of Obese Population for Leading Ten Countries
Increase in Birth Rate and Pediatric Population Offers Opportunities
Global Population of Children Between 0-4 years (2015 & 2020)
Global New Births (in Millions) per Annum by Geographic Region
4. GLOBAL MARKET PERSPECTIVE
III. MARKET ANALYSIS
IV. COMPETITION
For more information about this report visit https://www.researchandmarkets.com/r/yyr82o
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