Hospital Bed Management Systems Market Analysis

Hospital Bed Management Systems Market Analysis

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The market by deployment mode is categorized into cloud & web based and on-premises. The cloud & web-based segment garnered around USD 1.17 billion revenue in 2022.
 

• Cloud & web-based bed management systems allow healthcare providers to access information from any location with internet connectivity. This is particularly valuable for remote management, enabling healthcare staff to view real-time bed availability, make updates, and coordinate patient care from different locations within or outside the hospital.
   
• Moreover, as compared to traditional on-premises deployment modes, these systems can be setup rapidly. Updates and enhancements can be delivered without the need for human intervention from the healthcare organization, ensuring that the bed management system is constantly up to date with the most recent features and security updates. This is expected to boost the segmental growth in the market.
   

Based on type, the hospital bed management systems market is segmented into acute care bed, critical care bed, long-term care bed, and other types. The acute care bed segment dominated the hospital bed management system market and accounted for over 43% business share in 2022 and is anticipated to witness fastest growth during the forecast period.
 

• The rising prevalence of acute and chronic diseases globally contributes to an increased demand for acute care beds. As the incidence of illnesses such as cardiovascular diseases, respiratory infections, and injuries rises, hospitals require adequate acute care beds to accommodate and treat patients with acute medical conditions. For instance, according to the report by National Association of Chronic Disease Directors in 2022, approximately 40% of adults in the U.S. have multiple chronic diseases (MCC).
   
• Moreover, acute care beds are often equipped with advanced technologies for patient monitoring and treatment. Integration of technologies such as smart beds, monitoring devices, and connectivity with electronic health records enhances the capabilities of acute care beds, making them essential in modern healthcare settings, thereby contributing to the segment development.
   

The hospital bed management systems market by end-use is categorized into hospitals, clinics, and other end-users. The hospitals segment accounted for over USD 1.1 billion revenue size in 2022.
 

• Hospitals are increasingly focusing on providing patient-centered care. Effective bed management systems enhance patient experience by reducing wait times, ensuring timely admissions, and optimizing the overall patient journey through the healthcare facility.
   
• Additionally, hospitals aim to optimize the utilization of resources, including beds, staff, and equipment. Bed management systems help hospitals allocate beds efficiently, reducing the likelihood of bottlenecks, minimizing patient wait times, and improving the overall efficiency of resource use.
   

North America hospital bed management system market accounted for USD 689 million revenue in 2022 and is predicted to witness substantial market growth over the analysis timeline.
 

• North America has a well-established and continuously growing healthcare infrastructure. The expansion of hospitals, clinics, and other healthcare facilities creates a demand for advanced bed management systems to optimize bed utilization and enhance patient care delivery.
   
• Furthermore, the aging population in North America is on the rise, leading to a higher prevalence of chronic diseases and an increased demand for healthcare services. Bed management systems play a crucial role in addressing the unique needs of elderly patients and optimizing the allocation of beds for this demography.