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Hospital Bed Management Systems Market Trends

Report ID: GMI7462
Published Date: Nov 2023
Report Format: PDF

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Hospital Bed Management Systems Market Trends

The market is experiencing several notable trends that are shaping its growth and development. Factors such as the growing demand for integration of IoT and real-time locating systems (RTLS) technologies, increase in adoption of artificial intelligence (AI) for predictive analytics, and increasing enhanced data security and privacy measures among others.

The integration of bed management systems with telehealth platforms is on the rise. This allows healthcare providers to remotely monitor patients, conduct virtual consultations, and manage bed assignments for patients receiving care at home, contributing to a more holistic patient care approach.
Moreover, there is a growing demand for mobile-accessible bed management systems. Cloud-based deployment modes enable healthcare staff to access and update bed-related information on-the-go, thus, promoting flexibility and real-time decision-making.

Authors: Mariam Faizullabhoy, Gauri Wani

Frequently Asked Questions (FAQ) :

Hospital bed management industry was valued at USD 1.8 billion in 2022 and is projected to reach over USD 4.5 billion by 2032, driven by increasing awareness and use of automation technologies in hospitals, alongside rise in partnerships between major firms and healthcare facilities.

The acute care bed segment held a market share of over 43% in 2022 & is projected to witness substantial gains through 2032, driven by the rising prevalence of chronic diseases and technological advancements.

North America hospital bed management market was worth USD 689 million is anticipated to grow robustly through 2032 driven by the continuously growing healthcare sector and ageing population.

Oracle Corporation, Epic Systems Corporation, GE Healthcare, Veradigm LLC, Central Square Technologies are some of the major industry contenders.