Global Hospital Beds Strategic Business Report 2023: Need for New Hospital Constructions to Drive Demand

Dublin, Aug. 01, 2023 (GLOBE NEWSWIRE) -- The "Hospital Beds: Global Strategic Business Report" report has been added to's offering.

The global market for Hospital Beds estimated at US$4.1 Billion in the year 2022, is projected to reach a revised size of US$6.9 Billion by 2030, growing at a CAGR of 6.6% over the analysis period 2022-2030.

General Purpose, one of the segments analyzed in the report, is projected to record a 7.6% CAGR and reach US$3.5 Billion by the end of the analysis period.

Taking into account the ongoing post pandemic recovery, growth in the Pressure Relief segment is readjusted to a revised 5.6% CAGR for the next 8-year period.

The U.S. Market is Estimated at $952.5 Million, While China is Forecast to Grow at 8.6% CAGR

The Hospital Beds market in the U.S. is estimated at US$952.5 Million in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$934.2 Million by the year 2030 trailing a CAGR of 8.6% over the analysis period 2022 to 2030.

Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 4.8% and 6.5% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 5.8% CAGR. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$782.5 Million by the year 2030.

Select Competitors (Total 198 Featured) -

  • ArjoHuntleigh AB
  • Famed Zywiec Sp. z.o.o
  • Gendron, Inc.
  • Hill-Rom Holdings, Inc.
  • Invacare Corporation
  • Jiangsu Saikang Medical Equipment
  • Joerns Healthcare LLC
  • Joh. Stiegelmeyer GmbH & Co. KG
  • Linet, spol.s r.o.
  • Malvestio Group
  • Medline Industries, Inc
  • Missaglia Spa
  • Paramount Bed Co., Ltd.
  • Savion Industries
  • Stryker Corporation
  • Zhengzhou Besco Medical Co., LTD

Key Attributes:

Report AttributeDetails
No. of Pages720
Forecast Period2022 - 2030
Estimated Market Value (USD) in 2022$4.1 Billion
Forecasted Market Value (USD) by 2030$6.9 Billion
Compound Annual Growth Rate6.7%
Regions CoveredGlobal

Key Topics Covered:




  • Impact of COVID-19 Pandemic and Looming Global Recession; Living with COVID-19, the New Normal
  • Stagflation and Risk of Recession: New Challenges Emerge for the Global Market in 2022 & 2023
  • World Economic Growth Projections (Real GDP, Annual % Change) for the Years 2020, 2021, 2022 and 2023
  • COVID-19 Pandemic Causes Great Distress to Hospitals
  • Inexorable Rise in COVID-19 Cases Exhausts Supplies of Critical Medical Equipment and Hospital Beds
  • Global Hospital Beds Per 1000 People as of May-2020
  • Triaging: A Relevant Strategy to Address Resource Shortage
  • Competitive Scenario
  • Hospital Beds - Global Key Competitors Percentage Market Share in 2022 (E)
  • Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)
  • Hospital Beds: A Critical Part of Patient Care Environment
  • Global Market Prospects & Outlook
  • Growth Drivers and Deterrents
  • Emerging Markets Drive Future Growth Opportunities
  • Factors Driving Growth by Bed Type
  • Factors Influencing Demand for Beds: (Rating on a 1-10 Scale)
  • Electric Beds Witness Stronger Growth
  • Hospital Bed Density Worldwide: A Review
  • Need for New Hospital Constructions to Drive Demand
  • Rising Incidence of Chronic Diseases and Global Pandemics Contribute to Demand
  • Global Cancer Incidence: Number of New Cancer Cases in Million for the Years 2018, 2020, 2025, 2030, 2035 and 2040
  • World Diabetes and Population Statistics (2019, 2030 & 2045)
  • ESRD Prevalence Worldwide: Number of Treated ESRD Patients Per Million Population in Select Countries for 2019
  • Efficient and Cost-Effective Hospital Bed Design Continues to Gain R&D Focus
  • An Introduction to Hospital Beds
  • Medical Beds
  • Types of Beds
  • Manual Beds
  • Semi-Electric Beds
  • Electric Beds
  • Categorization on he Basis of Specialty Functions
  • General Purpose Beds
  • Birthing Beds
  • Pediatric Beds
  • Bariatric Beds
  • Pressure-Relief Beds
  • Recent Market Activity
  • Select Global Brands



  • COVID-19 Pandemic Galvanizes Demand for Smart Hospital Beds
  • Innovation in Hospital Bed Designs Ensures Increased Patient Safety
  • Smart Beds Bring in a Transition to Healthcare Standards
  • Players Focus on Advanced Technologies for Improved Functionalities
  • Chula Engineering's Smart Hospital Bed
  • ProCuity Hospital Bed, First-of-its-kind Wireless Hospital Bed Innovation from Stryker
  • Select Innovations by Other Companies
  • Progressive Mobility: A Growing Area of Focus in Bed Design
  • Safety Features Gain Significance in Bed Designing
  • Focus Grows on Beds Designed for Home Care
  • Manufacturers Focus on Designing Beds with Additional Features for Bariatric Patients
  • Birthing Beds Equipped with New Features to Ensure Safe and Easy Delivery
  • Rise in HAPU Incidence Results in Growing Emphasis on Pressure Relief Beds
  • Medical Tourism Offers Growth Opportunities in Emerging Markets
  • Most Traveled Destinations for Medical Procedures in Emerging Markets and Cost Savings Compared to the US
  • Comparative Procedure Costs: US vs India, Thailand, Singapore (In US$ Million)
  • Growing Focus on Outpatient Care to Impact Bed Demand
  • Stylish and Adjustable Beds: An Evolving Area of Interest
  • Rise in Preference for Support Surface Versatility
  • Impact of Healthcare Expenditure on Market Growth
  • World Healthcare Expenditure (In US$ Billion) for the Years 2017-2023
  • Burgeoning Geriatric Population Demand Greater Clinical Care
  • Elderly Healthcare Expenditure as a % of GDP
  • Global Population Statistics for the 65+ Age Group in Million by Geographic Region for the Years 2019, 2025, 2035 and 2050
  • Life Expectancy at Age 60 and 80 Years - (2010-2015), (2020-2025) & (2045-2050)
  • Growth in Obesity Numbers Drive Demand for Bariatric Beds
  • World Obesity Prevalence (2015 & 2022): Percentage of Obese Population for Leading Ten Countries
  • Growing Burden of Obesity Worldwide: Obesity as a % of Total Healthcare Expenditure Across Select Countries: 2020-2050
  • Increase in Birth Rate and Pediatric Population Offers Opportunities
  • Global Population of Children Between 0-4 years (2015 & 2020)
  • Global New Births (in Millions) per Annum by Geographic Region




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Global Market for Hospital Beds

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