The global hospital bed market size is estimated at 5.3 Billion USD with a CAGR 4.3% during the forecasted period from 2021 to 2028.

Introduction The global hospital bed market size is estimated at 5.3 Billion USD with a CAGR 4.3% during the forecasted period from 2021 to 2028. A superior kind of bed essential in healthcare settings like hospitals in order to help patients throughout treatment is referred to hospital bed. Rising dominance of chronic diseases is one of the key driving factors for the growth of hospital bed market In addition, upswing geriatric population augments this market. Moreover, ever increasing number of hospitals and snowballing medical emergencies supplement the growth. Technological improvements will add on to expand the market. On the other hand, high expenditure rate and maintaining electrical beds can be a major restrain to the growth of hospital bed market. Also, decreasing number of beds in public hospitals may limit the market growth. A hospital bed is defined as a bed that is made for hospitalized patients and those who require improved health care. ABS bed, stainless steel bed, alloy bed and others are some of the major types of hospital beds. The increasing incidence of chronic diseases such as cancer, cardiovascular disease (CVD), and chronic pulmonary diseases are playing an important role in driving the demand for the hospital beds market. For instance, according to the Cancer Research UK (United Kingdom), more than 20 cases of ovarian cancers reported which were diagnosed every day and it is also estimated to rise to 15% from 2014 to 2035 in the United Kingdom. Moreover, according to the American Cancer, in 2020, around 13,130 new cases of soft tissue sarcomas will be diagnosed in the United States. Thus, increasing cases of various cancer has propelled the hospital beds demand. With the severe outbreak of COVID-19, there is unprecedented global demand for advanced healthcare services and infrastructure to cure the infected population. Medical/hospital beds, especially ICU beds, are in high demand in the majority of countries around the world as a result of an increase in COVID-19 patients. Market Dynamics Driver

Rising geriatric population and the growing number of medical emergencies.
Increasing prevalence of chronic diseases and the rising number of hospitalization cases worldwide.

Restrain

Issue related to the high cost of advanced beds.
Declining number of beds in public hospitals

Opportunities

Government initiative to expand public health systems in developing countries.
Technology Advancement in Hospital beds.
Increasing demand for hospital beds from the private healthcare sector

Challenges

Lack of access to hospital beds in a COVID-19 pandemic.

Market Segmentation Global hospital beds market it is segmented into type and application. Â On the basis of type, the market is segmented into ABS Bed, Stainless Steel Bed, Alloy Bed and Others. In 2021, the ABS Bed segment is expected to dominate the market. It generated USD 2,385.1 million in 2021 and is projected to reach USD 3,325.9 million by 2026, growing at a CAGR of 7.1% from 2015 to 2026. It is followed by stainless steel bed, alloy bed and others. On the basis of application, the market is segmented into Psychiatric, Infectious Diseases, Tuberculosis and others. In 2021, the Infectious Diseases segment is expected to dominate the market. The infectious diseases market is projected to grow at a CAGR of 7.88% to reach a market size of USD 2,804.5 million by 2026 from 2,232.8 million in 2021. Regional Analysis On the regional basis, the hospital beds market has been divided into North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. North America has been classified into the U.S. and Canada. Europe region has been divided into the UK, Italy, France, Germany, and the Rest of Europe. Asia-Pacific region has been bifurcated into, Japan, India, South Korea, China, and Rest of Asia-Pacific. In addition, the Latin America region has been segmented into Argentina, Brazil, Mexico, and the Rest of South America. The Middle East & Africa has been divided into GCC Countries, Africa, and the Rest of the Middle East. Competitive Landscape The major players in the hospital beds market are Hill-Rom, LINET GROUP, STRYKER, STIEGELMEYER, JOERNS, The French Bedroom Company Ltd, ArjoHuntleigh, Guldmann, Merivaara, Span America and others. These companies are involved in collaborative agreements, expansion, acquisitions and product launch to mark their presence in the market. For instance, in 2021, the Stryker (United States) Company unveiled its ProCuity Bed Series. In addition, it is a low-height hospital bed designed for all patient care environments. It has wireless connectivity as well as fall prevention technology. Thus, this launch will increase the product portfolio of the company. Key Segments Type

ABS Bed
Stainless Steel Bed
Alloy Bed
Others

Â Â Application

Psychiatric
Infectious Diseases
Tuberculosis
Others

By region:

North America
- The U.S.
- Canada
Europe
- France
- The UK
- Spain
- Germany
- Italy
- Rest of Europe
Asia Pacific
- China
- Japan
- India
- South Korea
- Southeast Asia
- Rest of Asia Pacific
Latin America
- Brazil
- Mexico
- Rest of Latin America
Middle East & Africa
- GCC
- South Africa
- Rest of Middle East & Africa

Report Scope

Report Attribute	Details
Market size value in 2019	USD 4,395.9 Million
Market size value in 2026	USD 6,575.4 Million
Growth Rate	7.14%
Base year for estimation	2020
Forecast period	2026
Segments covered	Type and Application
Geographies covered	North America, Europe, Asia Pacific, Latin America and Middle East & Africa.
Companies Covered	Hill-Rom, LINET GROUP, STRYKER, STIEGELMEYER, JOERNS, The French Bedroom Company Ltd, ArjoHuntleigh, Guldmann, Merivaara, Span America and others.

Â Key Benefits for the Hospital Beds Market

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Our study is based on analysis by in-house team of analysts as well as data gathered by on-field consultants. We use proven survey methodology to find out the actual trends prevailing in the market. We also study and let you understand the factors behind the trending products, applications, technologies etc.
Our study reveals you the potential products that may gain traction in next 6 to 8 years. Staying informed of lucrative business opportunities help you stay prepared for the growth in demand for a product in near future.

Frequently Asked Questions (FAQ): What is the size of the global Hospital Beds market? â€“The size of the global Hospital Beds market in 2019 was $4,195.9 million. Who are the major companies operating in the global Hospital Beds market? â€“ Prominent companies include Hill-Rom, LINET GROUP, STRYKER, STIEGELMEYER, JOERNS, The French Bedroom Company Ltd, ArjoHuntleigh, Guldmann, Merivaara, Span America and others.

Table of Contents Chapter 1. Introduction 1.1. Report description 1.2. Key market segments 1.3. Regional Scope 1.4. Executive Summary Chapter 2. Research Methodology 2.1. Secondary Research 2.2. Primary Research 2.3. Secondary Analyst Tools and Models Chapter 3. Market Dynamics 3.1. Market driver analysis 3.1.1. Rising geriatric population and the growing number of medical emergencies 3.1.2. Increasing prevalence of chronic diseases and rising number of hospitalization cases worldwide. 3.2. Market restraint analysis 3.2.1. Issue related to high cost of advanced beds. 3.2.2. Declining number of beds in public hospitals. 3.3. Market Opportunity 3.3.1. Government initiative to expand public health systems in developing countries. 3.3.2. Technology Advancement in Hospital beds. 3.3.3. Increasing demand of hospital beds from private healthcare sector 3.4. Market Challenges 3.4.1. Lack of access to hospital beds in a COVID-19 pandemic. 3.5. Impact analysis of COVID-19 on the Ophthalmic Drug market Chapter 4. Market Variables and Outlook 4.1. SWOT Analysis 4.1.1. Strengths 4.1.2. Weaknesses 4.1.3. Opportunities 4.1.4. Threats 4.2. Supply Chain Analysis 4.3. PESTEL Analysis 4.3.1. Political Landscape 4.3.2. Economic Landscape 4.3.3. Social Landscape 4.3.4. Technological Landscape 4.3.5. Environmental Landscape 4.3.6. Legal Landscape 4.4. Porter’s Five Forces Analysis 4.4.1. Bargaining Power of Suppliers 4.4.2. Bargaining Power of Buyers 4.4.3. Threat of Substitute 4.4.4. Threat of New Entrant 4.4.5. Competitive Rivalry Chapter 5. Hospital Beds Market: Type Estimates & Trend Analysis 5.1. Hospital Beds Market value share and forecast, (2015 to 2027) 5.2. Incremental Growth Analysis and Infographic Presentation 5.2.1. ABS Bed 5.2.1.1. Market Size & Forecast, 2019-2026 5.2.2. Stainless Steel Bed 5.2.2.1. Market Size & Forecast, 2019-2026 5.2.3. Alloy Bed 5.2.3.1. Market Size & Forecast, 2019-2026 5.2.4. Others 5.2.4.1. Market Size & Forecast, 2019-2026 Chapter 6. Hospital Beds Market: Application Estimates & Trend Analysis 6.1. Hospital Beds Market value share and forecast, (2015 to 2027) 6.2. Incremental Growth Analysis and Infographic Presentation 6.2.1. Psychiatric 6.2.1.1. Market Size & Forecast, 2019-2026 6.2.2. Infectious Diseases 6.2.2.1. Market Size & Forecast, 2019-2026 6.2.3. Tuberculosis 6.2.3.1. Market Size & Forecast, 2019-2026 6.2.4. Others 6.2.4.1. Market Size & Forecast, 2019-2026 Chapter 7. Hospital Beds Market: Regional Estimates & Trend Analysis 7.1. Hospital Beds Market value share and forecast, (2015 to 2027) 7.2. Incremental Growth Analysis and Infographic Presentation 7.3. North America 7.3.1.1. Market Size & Forecast, 2019-2026 7.4. Europe 7.4.1.1. Market Size & Forecast, 2019-2026 7.5. Asia Pacific 7.5.1.1. Market Size & Forecast, 2019-2026 7.6. Central & South America 7.6.1.1. Market Size & Forecast, 2019-2026 7.7. Middle East & Africa (MEA) 7.7.1.1. Market Size & Forecast, 2019-2026 Chapter 8. Hospital Beds Market: Country Estimates & Trend Analysis 8.1. Hospital Beds Market value share and forecast, (2015 to 2027) 8.2. Incremental Growth Analysis and Infographic Presentation 8.3. U.S. 8.3.1.1. Market Size & Forecast, 2019-2026 8.4. Canada 8.4.1.1. Market Size & Forecast, 2019-2026 8.5. Mexico 8.5.1.1. Market Size & Forecast, 2019-2026 8.6. UK 8.6.1.1. Market Size & Forecast, 2019-2026 8.7. France 8.7.1.1. Market Size & Forecast, 2019-2026 8.8. Germany 8.8.1.1. Market Size & Forecast, 2019-2026 8.9. Russia 8.9.1.1. Market Size & Forecast, 2019-2026 8.10. Italy 8.10.1.1. Market Size & Forecast, 2019-2026 8.11. Spain 8.11.1.1. Market Size & Forecast, 2019-2026 8.12. China 8.12.1.1. Market Size & Forecast, 2019-2026 8.13. India 8.13.1.1. Market Size & Forecast, 2019-2026 8.14. Japan 8.14.1.1. Market Size & Forecast, 2019-2026 8.15. Indonesia 8.15.1.1. Market Size & Forecast, 2019-2026 8.16. South Korea 8.16.1.1. Market Size & Forecast, 2019-2026 8.17. Australia 8.17.1.1. Market Size & Forecast, 2019-2026 8.18. Brazil 8.18.1.1. Market Size & Forecast, 2019-2026 8.19. Argentina 8.19.1.1. Market Size & Forecast, 2019-2026 8.20. Saudi Arabia 8.20.1.1. Market Size & Forecast, 2019-2026 8.21. UAE 8.21.1.1. Market Size & Forecast, 2019-2026 8.22. South Africa 8.22.1.1. Market Size & Forecast, 2019-2026 Chapter 9. Competitive Landscape 9.1. Company Market Share Analysis 9.2. Vendor Landscape 9.3. Competition Dashboard Chapter 10. Company Profiles 10.1. Business Overview, Product Landscape, Financial Performance and Company Strategies for below companies 10.1.1. Hill-Rom 10.1.1.1. Company Overview 10.1.1.2. Financial Performance 10.1.1.3. Product Benchmarking 10.1.1.4. Geographic Footprint 10.1.1.5. Strategic Initiatives 10.1.2. Linet Group 10.1.2.1. Company Overview 10.1.2.2. Financial Performance 10.1.2.3. Product Benchmarking 10.1.2.4. Geographic Footprint 10.1.2.5. Strategic Initiatives 10.1.3. Stryker 10.1.3.1. Company Overview 10.1.3.2. Financial Performance 10.1.3.3. Product Benchmarking 10.1.3.4. Geographic Footprint 10.1.3.5. Strategic Initiatives 10.1.4. Stiegelmeyer 10.1.4.1. Company Overview 10.1.4.2. Financial Performance 10.1.4.3. Product Benchmarking 10.1.4.4. Geographic Footprint 10.1.4.5. Strategic Initiatives 10.1.5. Joerns 10.1.5.1. Company Overview 10.1.5.2. Financial Performance 10.1.5.3. Product Benchmarking 10.1.5.4. Geographic Footprint 10.1.5.5. Strategic Initiatives 10.1.6. The French Bedroom Company Ltd 10.1.6.1. Company Overview 10.1.6.2. Financial Performance 10.1.6.3. Product Benchmarking 10.1.6.4. Geographic Footprint 10.1.6.5. Strategic Initiatives 10.1.7. ArjoHuntleigh 10.1.7.1. Company Overview 10.1.7.2. Financial Performance 10.1.7.3. Product Benchmarking 10.1.7.4. Geographic Footprint 10.1.7.5. Strategic Initiatives 10.1.8. Guldmann 10.1.8.1. Company Overview 10.1.8.2. Financial Performance 10.1.8.3. Product Benchmarking 10.1.8.4. Geographic Footprint 10.1.8.5. Strategic Initiatives 10.1.9. Merivaara 10.1.9.1. Company Overview 10.1.9.2. Financial Performance 10.1.9.3. Product Benchmarking 10.1.9.4. Geographic Footprint 10.1.9.5. Strategic Initiatives 10.1.10. Span America 10.1.10.1. Company Overview 10.1.10.2. Financial Performance 10.1.10.3. Product Benchmarking 10.1.10.4. Geographic Footprint 10.1.10.5. Strategic Initiatives 10.1.11. Others

Hill-Rom
LINET GROUP
STRYKER
STIEGELMEYER
JOERNS
The French Bedroom Company Ltd,
ArjoHuntleigh
Guldmann
Merivaara
Span America and others

Hospital Bed Market – Industry Trends and Forecast to 2028

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