Medical Beds Market

Medical Beds Market - Global Industry Share, Growth, Competitive Analysis and Forecast, 2019-2025
    Update Available - Forecast 2024-2030   

Published: Jul 2023 | Report Code: | Category : Medical Devices | Delivery Format: /

A shift has been observed from manual to automated beds, which offers the maximum comfort for the patient as well as medical professionals. As per the medical policy, the electric medical beds are not necessarily considered as compared to semi-electric beds, though, the electric beds possess some of the most convenient features such as height adjustment and head & feet motion adjustments. The semi-electric medical bed is considered essential for medical purpose, in case the person needs a predetermined height of the bed; however, requires frequent changes in the body positions. The semi-electric bed is one with manual height adjustment and with electric head and feet motion adjustment. On the other hand, the manual bed is one which is used for general purposes. Key factors fueling the growth of medical beds market are developing healthcare infrastructure, government initiatives regarding healthcare issues and increasing numbers of hospitals in emerging economies are the factors anticipated to propel the growth of medical beds market. Whereas, the manufacturing and selling costs are suppressing the growth of the medical beds market and rendering the marginal profits for the critical players of the market. Factors such as bed sores, mechanical abrasion of medical beds and implications caused due to improper mobility are further demoting the acceptance of medical beds across the globe.

The global medical beds market is further analyzed on the basis of geographical regions, including North America, Europe, Asia-Pacific, and Rest of the World. Among the key, the Asia-Pacific market is estimated to exhibit significant growth in the global medical beds market. The market growth is attributed to the rising numbers of patients, as its large population sets the base of a large number of patients in hospital especially in countries such as India and China. Europe is further anticipated to witness considerable growth in the global medical beds market. Rising healthcare spending in Europe’s medical sector has provoked consumers and healthcare organizations for buying advanced and relatively exclusive medical beds.

Medical Beds Market Report

The prominent players in the medical beds market are likely to have sub-divisional production of medical beds. Antano Group, Besco Medical Ltd., Stryker Corp., Arjo, Inc., Medline Industries, Inc., Baker Beds Ltd., and Smith & Nephew PLC, among others, are recognized as some of the leading players shaping up the competitive landscape of the global medical beds market. Geographical expansion, merger & acquisition, partnerships & collaborations, finding a new market or innovate in their core competency in order to expand individual market share are some of the key strategies adopted by major market players. For instance, in December 2018, Hill-Rom Co., Inc. has integrated with EarlySense, Ltd., an Israel-based medical device company, for assimilating continuous contact-free respiratory rate and heart rate sensing and analytics technology into Hill-Rom’s Centrella Smart+ bed platform.

Research Methodology:

The market study of the global medical beds market is incorporated by extensive primary and secondary research conducted by the research team at OMR. Secondary research has been conducted to refine the available data to breakdown the market in various segments, derive total market size, market forecast, and growth rate. Different approaches have been worked on to derive the market value and market growth rate. Our team collects facts and data related to the market from different geography to provide a better regional outlook. In the report, the country level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior, and macro-economic factors. Numbers extracted from secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. This enables our analyst to derive the closest possible figures without any major deviations in the actual number. Our analysts try to contact as many executives, managers, key opinion leaders, and industry experts. Primary research brings the authenticity of our reports.

Secondary Sources Include:

  • Financial reports of companies involved in the market
  • Whitepapers, research-papers, and news blogs
  • Company websites and their product catalog

The report is intended for hospitals, clinics, medical bed manufacturers, investment companies, and government organizations for overall market analysis and competitive analysis. The report provides an in-depth analysis of the market size and growth opportunities. The report will serve as a source for 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions.

Market Segmentation:

  • Global Medical Beds Market Research and Analysis by Type
  • Global Medical Beds Market Research and Analysis by Application
  • Global Medical Beds Market Research and Analysis by End-User

The Report Covers:

  • Comprehensive research methodology of the global medical beds market.
  • This report also includes a detailed and extensive market overview with key analyst insights.
  • An exhaustive analysis of macro and micro factors influencing the market guided by key recommendations.
  • Analysis of regional regulations and other government policies impacting the global medical beds market.
  • Insights about market determinants which are stimulating the global medical beds market.
  • Detailed and extensive market segments with regional distribution of forecasted revenues.
  • Extensive profiles and recent developments of market players.

1. Report Summary

1.1. Research Methods and Tools

1.2. Market Breakdown

1.2.1. By Segments

1.2.2. By Geography

1.2.3. By Stakeholders

2. Market Overview and Insights

2.1. Scope of the Report

2.2. Analyst Insight & Current Market Trends

2.2.1. Key Findings

2.2.2. Recommendations

2.2.3. Conclusion

2.3. Rules & Regulations

3. Competitive Landscape

3.1. Competitive Dashboard

3.2. Key Strategy Analysis

3.3. Key Company Analysis

3.3.1. Arjo Inc.

3.3.1.1. Overview

3.3.1.2. Financial Analysis

3.3.1.3. SWOT Analysis

3.3.1.4. Recent Developments

3.3.2. Bakare Beds Ltd.

3.3.2.1. Overview

3.3.2.2. Financial Analysis

3.3.2.3. SWOT Analysis

3.3.2.4. Recent Developments

3.3.3. Medline Industries, Inc.

3.3.3.1. Overview

3.3.3.2. Financial Analysis

3.3.3.3. SWOT Analysis

3.3.3.4. Recent Developments

3.3.4. Smith & Nephew PLC

3.3.4.1. Overview

3.3.4.2. Financial Analysis

3.3.4.3. SWOT Analysis

3.3.4.4. Recent Developments

3.3.5. Stryker Corp.

3.3.5.1. Overview

3.3.5.2. Financial Analysis

3.3.5.3. SWOT Analysis

3.3.5.4. Recent Developments

4. Market Determinants

4.1. Motivators

4.2. Restraints

4.3. Opportunities

5. Market Segmentation

5.1. Global Medical Beds Market by Type

5.1.1. Electric Beds

5.1.2. Semi-electric Beds

5.1.3. Manual Beds

5.2. Global Medical Beds Market by Application

5.2.1. Acute Care

5.2.2. Long-term Care

5.2.3. Maternity Care

5.2.4. Others (Psychiatric Care)

5.3. Global Medical Beds Market by End-User

5.3.1. Hospitals

5.3.2. Ambulatory Care

5.3.3. Home Care

5.3.4. Clinics and Diagnostic Centers

6. Regional Analysis

6.1. North America

6.1.1. United States

6.1.2. Canada

6.2. Europe

6.2.1. UK

6.2.2. Germany

6.2.3. Italy

6.2.4. Spain

6.2.5. France

6.2.6. Rest of Europe

6.3. Asia-Pacific

6.3.1. China

6.3.2. India

6.3.3. Japan

6.3.4. Rest of Asia-Pacific

6.4. Rest of the World

7. Company Profiles

7.1. Antano Group

7.2. Arjo Inc.

7.3. Bakare Beds Ltd.

7.4. Besco Medical Ltd.

7.5. Gendron Inc.

7.6. GF Health Products, Inc.

7.7. HARD Manufacturing Co., Inc.

7.8. Hill-Rom Co., Inc.

7.9. Invacare Corp.

7.10. LINET Group SE

7.11. Malvestio Spa

7.12. Medline Industries, Inc.

7.13. Merivaara Group

7.14. Ostrich Mobility Instrument Pvt. Ltd.

7.15. Paramount Bed Co., Ltd.

7.16. ProBed Medical Technologies Inc.

7.17. Savion Industries Ltd.

7.18. Smith & Nephew PLC

7.19. Span-America Medical Systems, Inc.

7.20. Stiegelmeyer GmbH & Co. KG

7.21. Stryker Corp.

7.22. Wellton Healthcare