Global Hospital/Medical Beds Market Driven by Increase in Elderly Population, Chronic Diseases and Hospitals
|
By HospiMedica International staff writers Posted on 15 Feb 2023 |
|
Hospital/medical beds are designed for hospitals and healthcare clinics in order to provide comfort and relaxation for patients during recovery from injury or illness. These beds feature adjustment features that allow them to accommodate the needs of different types of patients depending on their weight and mobility. For instance, electric beds offer additional convenience with features such as handy buttons to adjust the foot or head section, as well as height and reverse turn technology. All these features give patients greater freedom of movement while also providing easy access to caregivers. As a result, the demand for hospital/medical beds continues to increase across the world.
The global hospital/medical beds market is projected to grow at a CAGR of 6.4% from 2023 to 2030 to reach USD 6.66 billion by 2030, driven by an increase in the elderly population, rise in the incidence of chronic diseases and growing number of hospitals across the world. These are the latest findings of Research and Markets (Dublin, Ireland), a leading source for market research reports.
Based on product, the beds segment accounts for the largest share of the global hospital/medical beds market due to the expansion of medical facilities across the world, increased demand for advanced beds for long-term home care, and high prevalence of chronic diseases. Advancements in healthcare infrastructure globally have led to higher patient inflow to medical facilities, driving the demand for hospital beds. Based on technology, the powered beds segment holds the largest share of the global hospital/medical beds market on account of high demand for quality healthcare, growing preference for technologically advanced beds, and increase in the number of private hospitals offering high-quality healthcare services.
Based on type of care, the curative care segment accounts for the largest share of the global hospital/medical beds market due to increased incidence of injuries, high adoption of medical beds for curative treatments, rise in road accidents, and the COVID-19 outbreak. Based on healthcare facility, the critical care unit segment holds the largest share of the global hospital/medical beds market on account of high rate of hospital admissions due to chronic illnesses, rise in cardiovascular diseases, and increased risk faced by the aging population to diseases that require care for an extended duration.
Geographically, Europe commands the largest share of the global hospital/medical beds market, followed by North America, Asia-Pacific, Latin America, and the Middle East & Africa. The dominating position of the European hospital/medical beds market is due to an increase in the number of maternity hospitals, several government initiatives for building advanced healthcare infrastructure and a strong healthcare system with well-qualified medical teams in the region.
Related Links:
Research and Markets
Latest Business News
- GE HealthCare Leads Major European Initiative to Advance Cardio-Oncology Care
- Medtronic and GE HealthCare Broaden Alliance Across Monitoring and Care Solutions
- Quantum Surgical Acquires NeuWave from Johnson & Johnson
- Medtronic to Acquire Coronary Artery Medtech Company CathWorks
- Medtronic and Mindray Expand Strategic Partnership to Ambulatory Surgery Centers in the U.S.
- FDA Clearance Expands Robotic Options for Minimally Invasive Heart Surgery
- WHX in Dubai (formerly Arab Health) to debut specialised Biotech & Life Sciences Zone as sector growth accelerates globally
- WHX in Dubai (formerly Arab Health) to bring together key UAE government entities during the groundbreaking 2026 edition
- Interoperability Push Fuels Surge in Healthcare IT Market
- Philips and Masimo Partner to Advance Patient Monitoring Measurement Technologies
- B. Braun Acquires Digital Microsurgery Company True Digital Surgery
- CMEF 2025 to Promote Holistic and High-Quality Development of Medical and Health Industry
- Bayer and Broad Institute Extend Research Collaboration to Develop New Cardiovascular Therapies
- Medtronic Partners with Corsano to Expand Acute Care & Monitoring Portfolio in Europe
- Expanded Collaboration to Transform OR Technology Through AI and Automation
- Becton Dickinson to Spin Out Biosciences and Diagnostic Solutions Business
Channels
Artificial Intelligence
view channel
Machine Learning Approach Enhances Liver Cancer Risk Stratification
Hepatocellular carcinoma, the most common form of primary liver cancer, is often detected late despite targeted surveillance programs. Current screening guidelines emphasize patients with known cirrhosis,... Read more
New AI Approach Monitors Brain Health Using Passive Wearable Data
Brain health spans cognitive and emotional functions and can fluctuate even in adults without diagnosed disease. Detecting early changes remains difficult in routine care and burdens specialty services... Read more
Critical Care
view channel
Automated IV Labeling Solution Improves Infusion Safety and Efficiency
Medication administration in high-acuity settings is often complicated by multiple concurrent infusions, making accurate line identification essential. In a 10-hospital intensive care unit study, 60% of... Read more
First-Of-Its-Kind AI Tool Detects Pulmonary Hypertension from Standard ECGs
Pulmonary hypertension is a progressive, life‑threatening disease that is frequently missed early because symptoms such as dyspnea are nonspecific and diagnostic delays can exceed two years.... Read more
Surgical Techniques
view channel
Continuous Monitoring with Wearables Enhances Postoperative Patient Safety
Postoperative hypoxemia on general surgical wards is common and often missed by intermittent vital sign checks. Undetected low oxygen levels can delay recovery and raise the risk of complications that... Read more
New Approach Enables Customized Muscle Tissue Without Biomaterial Scaffolds
Volumetric muscle loss is a traumatic loss of skeletal muscle that often leads to permanent functional impairment and limited reconstructive options. Current experimental strategies struggle to deliver... Read more
Patient Care
view channel
Wearable Sleep Data Predict Adherence to Pulmonary Rehabilitation
Chronic obstructive pulmonary disease (COPD) is a long-term lung disorder that makes breathing difficult and often disturbs sleep, reducing energy for daily activities. Limited engagement in pulmonary... Read more
Revolutionary Automatic IV-Line Flushing Device to Enhance Infusion Care
More than 80% of in-hospital patients receive intravenous (IV) therapy. Every dose of IV medicine delivered in a small volume (<250 mL) infusion bag should be followed by subsequent flushing to ensure... Read more
Health IT
view channel
EMR-Based Tool Predicts Graft Failure After Kidney Transplant
Kidney transplantation offers patients with end-stage kidney disease longer survival and better quality of life than dialysis, yet graft failure remains a major challenge. Although a successful transplant... Read more
