Medical Bed Market – By Product (Acute Care [MedSurg, ICU, Pediatric], Long-Term, Psychiatric, Bariatric), Bed Type (Manual, Electric), Application (Intensive, Non-Intensive), Medical Institutions/Facilities, End-use & Forecast, 2024 – 2032

Medical Bed Market Size

Medical Bed Market size was valued at USD 4 billion in 2023 and is expected to exhibit growth at a CAGR of 5.4% from 2024 to 2032. High market growth can be attributed to the ongoing advancements in medical technology, rising prevalence of chronic diseases, growing aging population, and expansion of home healthcare services, among other contributing factors.
 

Moreover, as populations in many parts of the world age, there is an increasing demand for healthcare services and medical equipment, including medical beds. For instance, recent research by the United Nations (UN) predicts that the global population aged 65 and over will triple over the next three decades, reaching 1.6 billion by 2050, accounting for more than 16% of the worldwide population. Hence, elderly individuals often require specialized beds that cater to their comfort, mobility, and healthcare needs. This demographic trend is a significant driver of growth in the market.
 

Furthermore, increasing healthcare expenditure by governments, private healthcare providers, and individuals contributes to the procurement of better-quality medical equipment, including medical beds. This investment supports the adoption of advanced healthcare technologies and infrastructure improvements, further driving market growth.
 

Medical bed is a specialized bed designed for use in healthcare settings such as hospitals, nursing homes, and home healthcare environments. These beds are equipped with features that cater to the medical and comfort needs of patients requiring prolonged care, rehabilitation, or recovery.
 

Medical Bed Market Trends

The medical bed market is experiencing several notable trends that are shaping its growth and development. Factors such as continuous innovations in technology, growing adoption of telemedicine and remote patient monitoring technologies, and surging need for integrated artificial intelligence in healthcare and internet of things (IoT) technologies, among other factors are propelling the industry growth
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• Further, there is a growing preference for home healthcare services driven by patient comfort, cost-effectiveness, and advancements in medical technology that enable complex care to be delivered at home. This trend has spurred the demand for medical beds that are suitable for home use, offering features like mobility, easy adjustment, and remote monitoring capabilities.
   
• Moreover, the adoption of telemedicine and remote patient monitoring technologies has accelerated, especially in the wake of the COVID-19 pandemic. Medical beds are being integrated with telehealth platforms to enable virtual consultations, remote monitoring of patients health metrics, and real-time adjustments to bed settings based on clinical data.
   

Medical Bed Market Analysis

Based on product, the market is classified into acute care beds, long-term care beds, psychiatric care beds, bariatric care beds, and other products. The acute care beds segment is further bifurcated into MedSurg beds, ICU beds, pediatric beds, birthing beds, and other acute care beds. The acute care beds segment generated the highest revenue of USD 2 billion in 2023.
 

• As healthcare facilities expand their capacity and modernize their infrastructure, there is a growing demand for acute care beds. Hospitals often need to upgrade their existing beds or procure new ones to accommodate increasing patient admissions and to enhance patient care capabilities.
   
• Moreover, advances in medical technology have led to the development of more sophisticated acute care beds. These beds may include features such as electric controls for easy adjustment, integrated monitoring systems for vital signs, and ergonomic designs that improve patient comfort and caregiver efficiency.
   

Based on bed type, the medical bed market is classified into manual beds, electric beds, and semi-electric beds. The electric beds segment dominated the market in 2023 with a market share of 45%.
 

• Electric beds offer superior comfort and support compared to manual beds, as they allow for easy adjustment of bed positions. Patients can elevate the head, raise the feet, or adjust the overall height of the bed to a preferred position, promoting comfort during rest, sleep, and activities like reading or eating.
   
• Additionally, it facilitates easier caregiving by enabling healthcare providers to adjust bed positions with minimal physical effort. This reduces strain and fatigue among caregivers, enhancing their efficiency and reducing the risk of musculoskeletal injuries associated with patient handling. Therefore, the aforementioned factors are set to fuel the market growth during the estimated timeframe.
   

Based on application, the medical bed market is classified into intensive care, and non-intensive care. The non-intensive care held a dominant market share in 2023 and is anticipated to grow at 5.4% CAGR to reach USD 6 billion by 2032.
 

• Healthcare providers are increasingly adopting patient-centered care models that prioritize individual preferences, comfort, and involvement in treatment decisions. Non-intensive care beds, designed with ergonomic features, customizable settings, and amenities that enhance patient autonomy, significantly contribute to improving patient experience and satisfaction.
   
• Furthermore, these beds are essential in maternity wards and pediatric units for childbirth, postpartum care, and pediatric medical or surgical treatments. Beds designed to accommodate newborns, infants, mothers recovering from childbirth, and pediatric patients with varying medical needs are integral to these specialized healthcare settings. Hence, these factors are expected to drive overall market growth.
   

Based on medical institutions/facilities, the medical bed market is segmented into private medical institutions, and public medical institutions. The private medical institutions segment dominated the market and is expected to reach USD 4.1 billion by 2032.
 

• Private medical institutions often prioritize high-quality patient care and comfort to differentiate themselves from public healthcare facilities. This focus drives the demand for advanced medical beds equipped with features that enhance patient experience, such as adjustable positions, pressure-relief surfaces, and integrated monitoring systems.
   
• Additionally, they invest in the latest medical technologies to offer cutting-edge treatment and attract patients seeking premium care. This includes acquiring state-of-the-art medical beds with features like electronic controls, smart sensors, and connectivity to electronic health records (EHRs) to improve clinical outcomes and operational efficiency.
   

Based on end-use, the medical bed market is segmented into hospitals, home care settings, and elderly care facilities. The hospitals segment emerged as the dominant market player in 2023, surpassing USD 2.2 billion in value.
 

• Hospitals have various specialized care units such as intensive care units (ICUs), cardiac care units (CCUs), maternity wards, and pediatric units. Each of these units requires specific types of medical beds tailored to the unique needs of their patients, driving demand for a diverse range of bed types.
   
• Furthermore, they often provide rehabilitation and post-acute care services that require medical beds with features supporting physical therapy, mobility, and patient recovery. These beds play a crucial role in aiding patient rehabilitation and facilitating smoother transitions from acute care to home or long-term care settings.
   

North America medical bed market accounted for USD 1.6 billion market revenue in 2023 and is anticipated to grow at CAGR of 5% between 2024 – 2032 period.
 

• The regions well-established healthcare infrastructure and high healthcare spending contribute to the demand for advanced medical beds. Hospitals, long-term care facilities, and rehabilitation centers in North America invest in high-quality medical beds to provide superior patient care and stay competitive.
   
• Further, there is a growing focus on patient-centered care in North American healthcare systems. Medical beds that offer customizable settings, improved ergonomics, and features that enhance patient comfort and autonomy align with the goals of patient-centered care models. These factors collectively contribute to the projected industry growth within the region.
   

Germany medical bed market is projected to grow remarkably in the coming years.
 

• Germany has stringent regulatory standards and accreditation requirements for medical devices, including medical beds. Compliance with regulations set by agencies like the Federal Institute for Drugs and Medical Devices (BfArM) ensures the safety, quality, and effectiveness of medical beds, driving demand for beds that meet these high standards.
   
• Additionally, infection prevention and control are critical in country’s healthcare settings. Medical beds with antimicrobial surfaces, easy-to-clean materials, and designs that minimize infection risks are increasingly in demand to prevent healthcare-associated infections (HAIs) and improve patient safety.
   

Japan holds a dominant position in the Asia Pacific medical bed market.
 

• Japan is a global leader in technological innovation, including the healthcare sector. The development and adoption of advanced medical beds with integrated electronic controls, smart sensors, patient monitoring systems, and connectivity to hospital information systems drive demand for modern medical beds that improve patient care and operational efficiency.
   
• Moreover, the country’s economic stability and high healthcare spending support continuous investments in healthcare infrastructure, including medical beds. Hospitals and healthcare facilities have the financial resources to procure advanced medical beds that enhance patient care and operational efficiency.
   

Medical Bed Market Share

The market is characterized by the presence of several key players, including Hill-Rom Holdings, Inc., Stryker Corporation, Invacare Corporation, and Medline Industries, Inc., among others. These companies compete on factors such as technological innovation, product quality, brand reputation, and customer service. The market is driven by continuous advancements in bed technology, such as smart beds with integrated monitoring systems, as well as the growing demand for specialized beds for various healthcare settings. Mergers, acquisitions, and strategic partnerships are common strategies employed by companies to expand their market share and enhance their product portfolios. Additionally, regional players and new entrants focusing on cost-effective solutions and niche markets contribute to the competitive dynamics of the industry.
 

Medical Bed Market Companies

Prominent players operating in the medical bed industry include:

• Antano Group
• Besco Medical
• Gendron Inc.
• Getinge AB
• GF Health Products Inc.
• HARD Manufacturing Company, Inc.
• Hill-Rom Holdings, Inc.
• Invacare Corporation
• Malvestio Spa
• Medline Industries Inc.
• Midmark Corp
• Paramount Bed, Co, Ltd
• Savaria (Span-America Medical Systems)
• Stiegelmeyer GmbH & Co Kg
• Stryker Corporation
• Umano Medical Inc.
   

Medical Bed Industry News:

• In June 2023, Baxter International Inc. announced the U.S. launch of its latest Hillrom Progressa+ ICU bed. It provides new technologies and features that make it easier for nurses to care for patients while also promoting patient rehabilitation. This strategic launch enhanced Baxter’s product portfolio, strengthened its market position in the ICU bed segment, and drove growth by meeting the evolving needs of healthcare providers and improving patient outcomes.
   
• In February 2021, Stryker announced the EMEA launch of ProCuity, a completely wireless hospital bed series. Designed to prevent in-hospital patient falls across all acuity levels, ProCuity also enhances nursing workflow efficiency and safety. The beds seamlessly connect to nurse call systems without the need for cords or wires. This innovation not only underscores Stryker's commitment to patient safety and care efficiency but also positions the company as a leader in hospital bed technology, driving growth and setting new industry standards.
   

The medical bed market research report includes an in-depth coverage of the industry with estimates & forecast in terms of revenue in USD Million and Volume (Units) from 2021 – 2032 for the following segments:

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Market, By Product

• Acute care beds
  • Medical-Surgical beds
  • ICU beds
  • Pediatric beds
  • Birthing beds
  • Other acute care beds
• Long-term care beds
• Psychiatric care beds
• Bariatric care beds
• Other products

Market, By Bed Type

• Manual beds
• Electric beds
• Semi-electric beds

Market, By Application

• Intensive care
• Non-intensive care

Market, By Medical Institutions/Facilities

• Private medical institutions
• Public medical institutions

Market, By End-use

• Hospitals
• Home care settings
• Elderly care facilities

The above information is provided for the following regions and countries:

• North America
  • U.S.
  • Canada
• Europe
  • Germany
  • UK
  • France
  • Spain
  • Italy
  • Netherlands
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • Australia
  • South Korea
  • Rest of Asia Pacific
• Latin America
  • Brazil
  • Mexico
  • Argentina
  • Rest of Latin America
• Middle East and Africa
  • South Africa
  • Saudi Arabia
  • UAE
  • Rest of Middle East and Africa