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

Global Market for Hospital Beds
Global Market for Hospital Beds

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

Details

No. of Pages

720

Forecast Period

2022 - 2030

Estimated Market Value (USD) in 2022

$4.1 Billion

Forecasted Market Value (USD) by 2030

$6.9 Billion

Compound Annual Growth Rate

6.7%

Regions Covered

Global

Key Topics Covered:

I. METHODOLOGY

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW

  • 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