Worldwide revenue from the medical beds market was US$ 12.2 Bn in 2021, with the global market estimated to move ahead at a CAGR of 5.8% to reach a valuation of US$ 22.6 Bn by the end of 2032.
As assessed by Persistence Market Research, long-term care beds are expected to show growth at a CAGR of 6.5% over the forecast period. Overall, medical beds market sales account for approximately 52.5% revenue share of the global medical furniture market, which was valued at around US$ 23.17 Bn in 2021.
The global market for medical beds recorded a historic CAGR of 6.2% in the last 9 years from 2012 to 2021.
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The global medical beds market is expected to grow significantly over the forecast period, driven by the increasing demand for medical beds in both developed and developing countries. Factors contributing to this demand include the aging population, the increasing prevalence of chronic diseases, and the growing trend towards home healthcare.
One major trend in the medical beds market is the increasing adoption of electric beds, which offer a number of benefits over manual beds. These benefits include ease of use for both patients and healthcare providers, as well as a greater range of positioning options. Electric beds are also typically more durable and easier to maintain than manual beds.
Another trend in the medical beds market is the increasing demand for specialized beds for specific patient populations. For example, there is a growing demand for bariatric beds, which are designed to accommodate patients who are overweight or obese. Similarly, there is also a growing demand for pediatric beds, which are designed to meet the unique needs of children in healthcare settings.
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Overall, the medical beds market is expected to continue growing at a significant pace in the coming years, driven by the increasing demand for medical beds in both developed and developing countries. With the aging population and the increasing prevalence of chronic diseases, medical beds are expected to play an increasingly important role in the healthcare industry.
Companies
- Hill-Rom Holdings, Inc.
- Invacare Corporation
- Drive Medical
- Stryker Corporation
- ArjoHuntleigh
- Gendron Inc
- Graham Field Health Products, Inc.
- Hard Manufacturing Co
- Umano Medical
- Transfer Master
- American Medical Equipment (AME)
- ProBed Medical
- Getinge AB
- Paramount Bed Holdings
- Joerns Healthcare LLC
- Narang Medical
Key Segments of Medical Beds Industry Research
By Product:
- Acute Care Beds
- Long-term Care Beds
- Psychiatric Care Beds
- Maternity Beds
- Others
By Bed:
- Manual Beds
- Electric Beds
- Semi-electric Beds
By Usage:
- Intensive Care
- Non-Intensive Care
By End User:
- Hospitals
- Home Care Settings
- Rehabilitation Centers
- Others
By Region:
- North America
- Latin America
- Europe
- South Asia
- East Asia
- Oceania
- Middle East & Africa
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