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Medical Bed Market Share

Report ID: GMI1883
Published Date: Jul 2024
Report Format: PDF

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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.

Authors: Mariam Faizullabhoy , Gauri Wani

Frequently Asked Questions (FAQ) :

Medical bed industry size was USD 4 billion in 2023 and will expand at 5.4% CAGR between 2024 and 2032 owing to the aging population and the rising prevalence of chronic diseases requiring prolonged hospital stays.

The non-intensive care segment in the medical bed industry will register 5.4% CAGR through 2032, attributed to the increasing demand for general hospital beds in various healthcare settings, such as general wards, long-term care facilities, and home care.

North America medical bed industry recorded USD 1.6 billion in 2023, driven by the region's advanced healthcare infrastructure, high healthcare expenditure, and the presence of major market players.

Prominent firms operating in the market are Besco Medical, Gendron Inc., Getinge AB, GF Health Products Inc., HARD Manufacturing Company, Inc., Hill-Rom Holdings, Inc., Invacare Corporation, Medline Industries Inc., Midmark Corp, Paramount Bed, Co, Ltd, Savaria (Span-America Medical Systems), Stiegelmeyer GmbH & Co Kg, and Stryker Corporation, among others.