Electrical Hospital Beds Market Analysis North America,Europe,Asia,Rest of World (ROW) - US,Canada,Germany,UK,China - Size and Forecast 2023-2027

Electrical Hospital Beds Market Forecast 2023-2027

The Global Electrical Hospital Beds Market size is estimated to grow by USD 926.78 million between 2022 and 2027, accelerating at a CAGR of 6.19%. The expansion of the market hinges on various factors, such as rising bed numbers, increased product launches, and enhanced medical infrastructure. Notable trends in the medical berth market encompass the surge in medical tourism, the advent of online sales channels, and heightened emphasis on product enhancement, all of which drive market growth.

What will be the size of the Market During the Forecast Period?

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Market Segmentation

This report extensively covers market segmentation by product (specialty electrical hospital beds and standard electrical hospital beds), type (semi-electric and fully electric), and geography (North America, Europe, Asia, and Rest of World). It also includes an in-depth analysis of drivers, trends, and challenges. 

By Product

The market share growth by the specialty electrical beds segment will be significant during the forecast period. There are different types of specialty electrical berth available in the market, such as birthing beds, pediatric berth, bariatric berth, and pressure-relief beds. Birthing electrical beds, for example, are designed to assist a woman in labor with a physiologically upright posture during childbirth. 

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The specialty electrical beds segment was valued at USD 1.16 billion in 2017 and continued to grow until 2021. Speciality electric berth like bariatric ones, are larger, sturdier, heavier, and broader than standard electrical hospital berth, which are used by the obese population. Overweight or bariatric patients are at higher risk of falling from their berth as normal berth cannot withstand their weight. The large width of bariatric beds offers more space for turning and can reduce the likelihood of bed rails that cause skin damage due to contact pressure. These special beds provide unique features that attract end-users and increase the demand for specialty ones. In addition, pediatric ones are also one of the famous products in this segment. There are different models of pediatric variants that are available in the market, thereby increasing the market share for specialty models. For instance, Malvestio offers 348650 electric beds for pediatric use with adjustable height on two columns and s50 Hz/60 Hz and maximum absorbed power of 370 VA. Therefore, as the demand for specialty variants is rising, the segment will also witness growth during the forecast period.

Key Regions

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North America is estimated to contribute 34% to the growth of the global market during the forecast period. Technavio’s analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period.

North America holds the largest share of the global market. The increase in orthopedic surgical procedures, such as spinal surgeries and hip replacement surgeries, the presence of various global and domestic companies, and the growing number of healthcare facilities, such as hospitals and clinics, are some of the factors that are driving the market growth of the region. Furthermore, companies are focusing on developing advanced products, which can help to increase their sales. The companies are focusing on developing both standard and bariatric variants to meet the market demand. Hence, the medical bed market is growing in North America.

For specialty services, specialized berth are required, and this will also boost the market growth. Hospitals, diagnostics centers, and clinics engage in diagnosis and treatment, which requires post-surgery or post-treatment facilities. In these markets, highly sophisticated hospitals such as multispecialty and super-specialty hospitals provide treatments for various lifestyle diseases, medical emergencies, chronic diseases, and other medical conditions. The increased healthcare spending supports the growth of multispecialty and super specialty hospitals by individuals in North America. The higher healthcare spending in the region compared to other regions allows the patients to avail better healthcare facilities. This sustains the continuous demand in the region. Thus, owing to such factors, the regional medical beds market is expected to grow during the forecast period.

Market Dynamics and Customer Landscape

The Market is experiencing significant growth driven by various factors, including patient care beds, healthcare equipment, and medical technology advancements. These adjustable beds are tailored to enhance patient comfort and mobility, crucial for patient recovery. With the rise in medical tourism and demand for rehabilitation beds, the market is witnessing a surge in innovative hospital accessories and supplies. Electric beds with advanced patient safety features are gaining traction, particularly in ICU beds and intensive care units. Manufacturers and medical equipment suppliers are focusing on product improvement to meet hospital bed specifications and fulfill the evolving needs of elderly care. As online sales channels emerge, the market is poised for further expansion in hospital room equipment and medical furniture offerings. Our researchers analyzed the data with 2022 as the base year and the key drivers, trends, and challenges. A holistic analysis of drivers will help companies refine their marketing strategies to gain a competitive advantage.

Key Market Drivers

The Market is witnessing significant growth driven by a surge in product launches and innovative advancements in healthcare technology. companies are capitalizing on this momentum, introducing a diverse array of models tailored to meet varying patient needs. Notably, companies like Stryker are pioneering groundbreaking solutions such as ProCuity, a wireless hospital bed aimed at enhancing patient safety and nurse efficiency. Moreover, specialized berth catering to specific demographics like bariatric and pediatric patients are gaining traction. This trend reflects the industry's commitment to patient comfort, safety, and mobility. With the convergence of medical devices, technology, and patient care, the Market is poised for remarkable expansion, offering enhanced patient recovery and healthcare outcomes.

Significant Market Trends

The focus on product improvement is an emerging trend in the market. companies are focusing on launching improved products with different features to remain competitive in the market. Based on the needs of patients, companies are focusing on improving product features to provide better comfort. For instance, companies such as LINET and LINAK are launching products with unique features, such as four-section profiling berths with knee raises and ultra-low beds. Four-section profiling berth provides better support to patients in the sitting position with less abdominal compression when compared to a berth with a flat base or 2-3 sections.

Owing to the high cost, end-users want to decrease the burden of maintenance costs. Therefore, with product improvements, companies are also focusing on extending the maintenance schedule, which can help end-users to contact manufacturers to resolve any issues that may arise. This will drive the growth of the business of these manufacturers. Hence, these factors are expected to drive the growth of the market focus during the forecast period.

Major Market Challenges

The presence of substitutes is a major challenge impeding market growth. Many alternative products, such as non-electrical hospital beds, which include manual berth, are available in the market at a lower cost. People who cannot afford to opt for manual beds. They, too, allow the adjustment of the patient's height as well as head and knee elevation using hand cranks instead of electrical equipment.

The wireless nature of these berths allows them to be a cost-effective bedding option, and the lack of electrical circuits limits maintenance costs. Additionally, these beds can be used in both acute care and home care. Hence, the availability of alternative products will hinder the market growth during the forecast period.

Key Market Customer Landscape

The report includes the adoption lifecycle of the medical bed market, covering from the innovator’s stage to the laggard’s stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their growth strategies.

Global Market Customer Landscape

Who are the Major Market Companies?

Companies are implementing various strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the hospital bed market.

Gendron Inc. - The company focuses on designing and manufacturing bariatric patient care products. The key offerings of the company include electrical hospital beds. 

The market report also includes detailed analyses of the competitive landscape of the market and information about 15 market companies, including:

• Amico Group of Companies
• Arjo AB
• Avante Australia Pty Ltd.
• Famed Zywiec Sp. z o.o.
• Hill Rom Holdings Inc.
• Industrias H Pardo SL
• Invacare Corp.
• Joerns Healthcare LLC
• Lars Medicare Pvt. Ltd.
• LINET Group SE
• Malvestio Spa
• Med Mizer Inc.
• Medical Depot Inc.
• Medline Industries LP
• Ostrich Mobility Instruments Pvt. Ltd.

Qualitative and quantitative analysis of companies has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key medical bed market players. Data is qualitatively analyzed to categorize companies as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize companies as dominant, leading, strong, tentative, and weak.

Segment Overview

The report forecasts market growth by revenue at global, regional & country levels and analyzes the latest trends and growth opportunities from 2017 to 2027. 

• Product Outlook 
  • Specialty electrical hospital beds
  • Standard electrical hospital beds

• Type Outlook
  • Semi-electric
  • Fully electric

• Region Outlook (USD Million, 2017 - 2027)
  • North America
    • The U.S.
    • Canada
  • Europe
    • The U.K.
    • Germany
    • France
    • Rest of Europe
  • Asia
    • China
    • India
    • Vietnam
    • Others
  • Rest of WorldMiddle East & Africa
    • Saudi Arabia
    • South Africa
    • Brazil
    • Others

Market Analyst Overview

The Market is witnessing remarkable growth driven by the increasing demand for advanced patient care beds and healthcare equipment. With a focus on patient comfort and safety, hospital furniture manufacturers are innovating in adjustable beds and ICU beds, integrating cutting-edge medical technology. These beds cater to patient mobility and support, crucial for rehabilitation and elderly care. The healthcare industry sees a surge in medical devices and equipment suppliers, responding to the evolving needs of hospital infrastructure. Notable features include bedside assistance, ergonomic designs, and advanced functions tailored for patient recovery. This dynamic market emphasizes innovation and technology, shaping the future of hospital bed design and supply.

Moreover, the market is witnessing significant growth attributed to advancements in medical infrastructure and the introduction of innovative technologies. Rehabilitation beds, intensive care beds, and nursing beds are among the essential components driving this expansion. Hospital bed manufacturers are focusing on patient safety, with a range of hospital accessories and supplies enhancing healthcare services. Elderly care beds and patient support systems cater to specific needs, while medical furniture ensures optimal comfort and functionality. Moreover, rehabilitation equipment and medical appliances play crucial roles in patient recovery. Key players in the medical equipment market are continually innovating, introducing hospital bed features such as enhanced hospital bed ergonomics and cutting-edge technology in hospital bed designs. This dynamic landscape underscores the importance of electrical hospital berth in modern healthcare facilities.

Additionally, the Market is witnessing robust growth, fueled by a multitude of factors. As hospitals worldwide strive to enhance patient care and comfort, demand for advanced hospital room equipment and hospital supplies is on the rise. Manufacturers are innovating to meet this demand, introducing cutting-edge hospital bed features and hospital bed functions in their products. From ergonomic designs to advanced technology integration, hospital bed specifications are evolving rapidly. Moreover, suppliers are focusing on improving bed ergonomics to optimize patient comfort and recovery. This dynamic landscape is further enriched by hospital bed innovations in hospital bed technology, catering to the evolving needs of modern healthcare facilities. Overall, the Market is poised for sustained growth, driven by a convergence of medical equipment suppliers and healthcare providers prioritizing patient-centric solutions.

Market Scope
Report Coverage	Details
Page number	156
Base year	2022
Historic period	2017-2021
Forecast period	2023-2027
Growth momentum & CAGR	Accelerate at a CAGR of 6.19%
Market growth 2023-2027	USD 926.78 million
Market structure	Fragmented
YoY growth 2022-2023(%)	5.75
Regional analysis	North America, Europe, Asia, and Rest of World (ROW)
Performing market contribution	North America at 34%
Key countries	US, Canada, Germany, UK, and China
Competitive landscape	Leading companies, Market Positioning of companies, Competitive Strategies, and Industry Risks
Key companies profiled	Amico Group of Companies, Arjo AB, Avante Australia Pty Ltd., Famed Zywiec Sp. z o.o., Gendron Inc., Hill Rom Holdings Inc., Industrias H Pardo SL, Invacare Corp., Joerns Healthcare LLC, Lars Medicare Pvt. Ltd., LINAK AS, LINET Group SE, Malvestio Spa, Med Mizer Inc., Medical Depot Inc., Medline Industries LP, Ostrich Mobility Instruments Pvt. Ltd., PARAMOUNT BED HOLDINGS Co. Ltd., Stiegelmeyer GmbH and Co. KG, and Stryker Corp.
Market dynamics	Parent market analysis, Market forecasting, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, Market condition analysis for the forecast period
Customization purview	If our report has not included the data you are looking for, you can reach out to our analysts and get customized segments.

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What are the Key Data Covered in this Market Research Report?

• CAGR of the market during the forecast period
• Detailed information on factors that will drive the market growth and forecasting of the market between 2023 and 2027
• Precise estimation of the size of the market size and its contribution to the parent market
• Accurate predictions about upcoming market trends and analysis and changes in consumer behavior
• Growth of the market industry across Europe, North America, APAC, South America, and Middle East and Africa
• Thorough market growth analysis of the market’s competitive landscape and detailed information about companies
• Comprehensive market analysis and report on the factors that will challenge the market research and growth of market companies

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