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Medical Bed Market 2021: Growth, Cost, Share, Size, Demands and Future Development

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Gauri Deshpande

Medical Bed Market research report gives thorough idea about the current scenario of the global market, recent developments, product launches, joint ventures, capacity, production value, mergers and acquisitions based on several market dynamics. It gives key measurements, status of the manufacturers and is a significant source of direction for the businesses and organizations. Qualitative and transparent research studies are carried out devotedly to offer an outstanding market research report for the niche. Medical Bed Market business report potentially endows with the numerous insights and business solutions that will assist to stay ahead of the competition.

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The increasing investments in healthcare infrastructural development, technological innovations in ICU beds, increasing number of beds in private hospitals, and increasing volume of chronic care patients are expected to drive the growth of the medical beds market in the coming years. On the other hand, the declining number of beds in public hospitals may limit market growth to a certain extent.

In this report, the global medical beds market is segmented on the basis of type, application, end user, usage, and region. On the basis of application, the medical beds market is segmented into two categories— intensive care and non-intensive care. The intensive care segment is expected to account for the largest share of the medical beds market. The increasing number of bariatric patients requiring intensive care is the major factor for the growth of this segment.

Based on usage, the medical beds market is segmented into major four segments—acute care beds, psychiatric and bariatric care beds, long-term care beds, and other beds (maternity and rehabilitative beds). The acute care beds segment is expected to account for the largest share of the market in 2017. Increasing number of geriatric population requiring acute care beds is the major factor attributing to the growth of this market.

On the basis of end user, the medical beds market is segmented into home care settings, hospitals, and elderly care facilities. The hospitals segment is expected to account for the largest share of the medical beds market in 2017. However, the home care settings segment is expected to have the fastest growth rate in the forecast period. This can be attributed to increasing government support to decrease the length of stay of patients inside hospitals.

On the basis of type, medical beds market is divided into manual beds, semi-electric beds, and electric beds. The electric beds segment is expected to dominate the medical beds market in 2017.The large share as well as the high growth of this segment can primarily be attributed to the growing number of patients requiring bariatric care as well as the rising geriatric population across the globe.

On the basis of region, the medical beds market North America, Europe, Asia-Pacific (APAC), and the Rest of the World (RoW). APAC is estimated to be the fastest-growing market for medical beds. This is due to the increasing geriatric population and increasing patient volume requiring chronic care in the APAC region. Other factors affecting the growth include rising elderly population, increasing obesity and overweight population, and increasing healthcare spending.

New product launches was the dominant strategy adopted by key industry participants to increase their market share and cater to unmet needs.

Research Coverage:

From an insight perspective, this research report focuses on qualitative data, market size, and growth of various segments and subsegments, competitive landscape, and company profiles. The qualitative data covers various levels of industry analysis such as market dynamics (drivers, restraints, opportunities, and challenges), winning imperatives, and burning issues. The report also offers market sizes and data on the growth of various segments of the industry. It focuses on emerging and high-growth segments, high-growth regions, and initiatives of governments. The competitive landscape covers growth strategies adopted by industry players in the last three years. The company profiles comprise basic views on key players in the medical beds market and the product portfolios, developments, and strategies adopted by market players to maintain and increase their market shares in the near future. The above-mentioned market research data, current market size, and forecast of future trends will help key players and new entrants to make the necessary decisions regarding product offerings, geographical focus, change in approach, R&D investments for innovations in products and technologies, and levels of output in order to remain successful.

Reasons to buy this report:

From an insight perspective, this research report focuses on various levels of analysis—industry analysis (industry trends) and company profiles, which together comprise and discuss the basic views on the competitive landscape; emerging and high-growth segments of the medical beds market; high-growth regions; and market drivers, restraints, and opportunities.

The report provides insights on the following pointers:

    • Market Penetration: Comprehensive information on products offered by the top players in the medical beds market
    • Product Development/Innovation: Detailed insights on the upcoming technologies, research & development activities, and new product launches in the medical beds market
    • Market Development: Comprehensive information about lucrative emerging markets—the report analyzes the markets for medical beds across various regions
  • Market Diversification: Exhaustive information about new products, untapped geographies, and recent developments in the medical beds market
  • Competitive Assessment: In-depth assessment of market ranking, strategies, products, and manufacturing capabilities of the leading players in the medical beds market

The global medical beds market is projected to reach USD 3.41 billion by 2022 from USD 2.59 billion in 2017, growing at a CAGR of 5.6% during the forecast period (2017–2022).

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Table of Contents

1 Introduction
1.1 Objectives of the Study
1.2 Market Definition
1.3 Market Scope
1.3.1 Years Considered in the Report
1.4 Currency
1.5 Limitations
1.6 Stakeholders

2 Research Methodology
2.1 Market Size Estimation
2.2 Market Breakdown and Data Triangulation
2.2.1 Key Data From Secondary Sources
2.2.2 Key Data From Primary Sources
2.3 Key Industry Insights
2.4 Assumptions for the Study

3 Executive Summary

4 Premium Insights
4.1 Medical Beds: Market Snapshot (2017 vs 2022)
4.2 Geographic Analysis: Medical Bed Market, By Usage (2017)
4.3 Global Market, By Type, 2017 vs 2022 (USD Billion)
4.4 Global Market, By End User, 2015 – 2022 (USD Million)
4.5 Geographic Snapshot of the Global Market

5 Market Overview
5.1 Introduction
5.2 Market Dynamics
5.2.1 Drivers
5.2.1.1 Increasing Investments in Healthcare Infrastructural Development
5.2.1.2 Technological Innovations in Icu Beds
5.2.1.3 Increasing Number of Beds in Private Hospitals
5.2.1.4 Increasing Volume of Chronic Care Patients
5.2.2 Restraints
5.2.2.1 Declining Number of Beds in Public Hospitals
5.2.3 Opportunities
5.2.3.1 Growing Trend of Home Care

6 Medical Bed Market, By Usage
6.1 Introduction
6.2 Acute Care
6.3 Long-Term Care
6.4 Psychiatric and Bariatric Care
6.5 Others

7 Medical Bed Market, By Application
7.1 Introduction
7.2 Intensive Care
7.3 Non-Intensive Care

8 Medical Bed Market, By Type
8.1 Introduction
8.2 Electric Beds
8.3 Semi-Electric Beds
8.4 Manual Beds

9 Medical Bed Market, By End User
9.1 Introduction
9.2 Hospitals
9.3 Home Care Settings
9.4 Elderly Care Facilities

10 Medical Bed Market, By Region
10.1 Introduction
10.2 Europe
10.2.1 U.K.
10.2.2 Germany
10.2.3 France
10.2.4 Rest of Europe (RoE)
10.3 North America
10.3.1 U.S.
10.3.2 Canada
10.4 Asia-Pacific
10.5 Rest of the World (RoW)

11 Competitive Landscape
11.1 Introduction
11.2 Vendor Dive Overview
11.2.1 Vanguards
11.2.2 Innovators
11.2.3 Dynamic Players
11.2.4 Emerging Players
11.3 Competitive Benchmarking
11.3.1 Product Offerings (For 25 Market Players)
11.3.2 Business Strategy (For 25 Market Players)

*Top 13 Companies Analysed for This Study are – Stryker Corporation (U.S.), Hill-Rom Holding, Inc. (U.S.), Getinge Group (Sweden), Invacare Corporation (U.S.), Medline Industries, Inc. (U.S.), Linet Spol. S R.O. (The Netherlands), Stiegelmeyer (Germany), Span America Medical Systems (U.S.), Malvestio Spa (Italy), Merivaara Corp (Finland), Antano Group S.R.L (Italy), Amico Corporation (Canada), Paramount Bed Holdings Co., Ltd. (Japan), Midmark Corporation (U.S.), Famed (Poland), Drive Devilbiss Healthcare, Inc. (U.S.), Meditek Engineers (India), Bakare Beds Ltd. (U.K.), Gendron, Inc. (U.S.), Benmor Medical Limited (U.K.), Carevel Medical Systems Private Limited (India), Hetech Hospital Equipments Technologies Co.Ltd. (Turkey), Nanning Passion Medical Equipment Co.,Ltd. (China), Jsc Taneta (Lithuania), Savion Industries (Israel)

12 Company Profiles
(Overview, Products and Services, Financials, Strategy & Development)*
12.1 Introduction
12.2 Stryker Corporation
12.3 Hill-Rom Holdings, Inc.
12.4 Getinge AB
12.5 Invacare Corporation
12.6 Medline Industries, Inc.
12.7 Linet Spol. S.R.O.
12.8 Stiegelmeyer GmbH & Co. Kg
12.9 Span-America Medical Systems, Inc.
12.10 Malvestio S.P.A.
12.11 Merivaara Corp.
12.12 Antano Group S.R.L.
12.13 Amico Corporation
12.14 Paramount Bed Holdings Co., Ltd.
12.15 Midmark Corporation
12.16 Famed Zywiec Sp.Z O.O.

*Details on Overview, Products and Services, Financials, Strategy & Development Might Not Be Captured in Case of Unlisted Companies.

13 Appendix
13.1 Insights of Industry Experts
13.2 Discussion Guide
13.3 Knowledge Store: Marketsandmarkets’ Subscription Portal
13.4 Introducing RT: Real-Time Market Intelligence
13.5 Available Customizations
13.6 Related Reports
13.7 Author Details

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