Smart Hospital Beds Market Overview
The Smart Hospital Beds Market is expected to develop at a compound annual growth rate (CAGR) of 6.50% from 2024 to 2031. The market was valued at USD 4.12 billion in 2023 and is expected to reach USD 8.13 billion by 2031 from USD 4.35 billion in 2024.
Smart hospital beds are crucial pieces of hospital equipment that help patients. They assist patients so that doctors can conduct thorough examinations and provide therapy and other medical services.
The global smart hospital beds market is expected to grow rapidly throughout the forecast period, owing to rising per capita income in developed nations, rising healthcare expenditure, changing patient preferences, and increased demand for modern healthcare facilities. The high frequency and rising incidence rate of chronic disorders requiring longer hospital stays, as well as accidental instances, burn injuries, paralysis, and other bedridden illnesses, are expected to drive up demand for smart hospital beds over the forecast period.
Smart beds, which are incorporated with integrated cardiac monitoring sensors and gadgets that trigger an alarm if the patient suffers a heart attack, are expected to see increased demand as the frequency of cardiovascular problems rises. Furthermore, growing patient demand for enhanced healthcare efficiency, technological improvements, and increased healthcare infrastructure spending are all expected to move the market forward during the projection period.
| Report Metric | Details |
| Market size available for years | 2023–2030 |
| Base year considered | 2023 |
| Forecast period | 2024–2030 |
| Forecast unit | Value (USD Million) |
| Segments covered | Bed Type, Application, End-user, and Region. |
| Regions covered | North America (the U.S. and Canada), Europe (UK, Germany, France, Italy, Spain, Russia, Rest of Europe), Asia-Pacific (China, India, Japan, Australia, South East Asia, Rest of Asia Pacific), Latin America and the Middle East and Africa (Brazil, Saudi Arabia, UAE, Rest of LAMEA) |
| Companies covered | Stryker Corporation, Malvestio Spa, Hill-Rom Services, Inc., Amico Group of Companies, Antano Group, Besco Medical Co., Ltd., BaKare Beds Ltd., Gendron, Inc., Getinge AB, GF Health Products, Inc., Invacare Corporation, Midmark Corporation. |
Covid-19 Impact on Smart Hospital Beds Market
In addition, the current Smart Hospital Beds Market study offers a detailed analysis of the current COVID-19 pandemic impact on the market growth and its influence on the future growth of the Smart Hospital Beds Market. The recently published report demonstrates the elevation in the demand for the healthcare sector. The healthcare manufacturers have experienced long term as well as short term effect which includes supply shortages, panic buying, and stocking, regulation changes as short-term whereas approval delays and possible trend variations in consumption could be perceived as long-term impacts of COVID-19 on the health and pharmaceutical market.
The increasing need for a cure has pushed vaccine research and manufacturers to the limit. In addition to this, panic conditions have already spurred the demand for many healthcare products and services which are discussed in detail in this report. Moreover, the impact of COVID-19 on overall market revenue for the base year 2020 and its projection up to 2027 is provided in detail in this report.
Smart Hospital Beds Market Segment Overview
According to Bed Type, the Electric Beds segment is expected to dominate the global Smart Hospital Beds market during the forecast period. During the projection period, a significant number of electric beds in hospital setups, growing demand for electric beds, and convenient availability are important aspects that are expected to contribute to the segment's leading share.
Smart Hospital Beds Market, By Bed Type
· Semi-electric Beds
· Electric Beds
· Manual Beds
· Wireless beds
Smart Hospital Beds Market, By Application
· Intensive Care Beds
· General Ward
· Acute Care
· Rehabilitation
· Others
Smart Hospital Beds Market, By End User
· Hospitals
· Ambulatory Surgery Centers
· Rehabilitation Centers
· Home Care
Smart Hospital Beds Regional Overview
In terms of geography, the global Smart Hospital Beds market is classified into North America, Europe, Asia Pacific, South America, Middle East & Africa. During the forecast period, North America is expected to dominate the global smart hospital beds market. The rising prevalence and incidence of chronic disorders, the growing number of geriatrics who are more sensitive to age-related ailments, and the region's high per capita healthcare expenditure are all likely to enhance the market in North America throughout the forecast period. During the projected period, the smart hospital beds market in the Asia Pacific is expected to grow at a rapid rate. This can be attributed to an increase in the number of individuals suffering from chronic diseases, new product development and availability in Asia, and higher use of these devices in the region.
Smart Hospital Beds Market, By Geography
· North America (US & Canada)
· Europe (UK, Germany, France, Italy, Spain, Russia & Rest of Europe)
· Asia-Pacific (Japan, China, India, Australia, & South Korea, & Rest of Asia-Pacific)
· LAMEA (Brazil, Saudi Arabia, UAE & Rest of LAMEA)
Smart Hospital Beds Market, Key Players
· Stryker Corporation
· Malvestio Spa
· Hill-Rom Services, Inc.
· Amico Group of Companies
· Antano Group
· Besco Medical Co., Ltd.
· BaKare Beds Ltd.
· Gendron, Inc.
· Getinge AB
· GF Health Products, Inc.
· Invacare Corporation
· Midmark Corporation
Q1. What are the driving factors for the global Smart Hospital Beds market?
Growing patient demand for enhanced healthcare efficiency, technological improvements, and increased healthcare infrastructure spending are all expected to move the market forward during the projection period
Q2. Which Segments are covered in the global Smart Hospital Beds market report?
Bed Type, Application, End-user, and Region. these segments are covered in the global Smart Hospital Beds market report
Q3. Which segment is projected to hold the largest share in the global Smart Hospital Beds market. ?
Electric Beds segment is projected to hold the largest share in the global Smart Hospital Beds market.
Q4. Which region holds the largest share in the global Smart Hospital Beds market?
North America holds the largest share in the global Smart Hospital Beds market
Q5. Which are the prominent players in the global Smart Hospital Beds market?
Stryker Corporation, Malvestio Spa, Hill-Rom Services, Inc., Amico Group of Companies, Antano Group, Besco Medical Co., Ltd., BaKare Beds Ltd., Gendron, Inc., Getinge AB, GF Health Products, Inc., Invacare Corporation, Midmark Corporation. are some key players in the global Smart Hospital Beds market.
Data Library Research are conducted by industry experts who offer insight on industry structure, market segmentations technology assessment and competitive landscape (CL), and penetration, as well as on emerging trends. Their analysis is based on primary interviews (~ 80%) and secondary research (~ 20%) as well as years of professional expertise in their respective industries. Adding to this, by analysing historical trends and current market positions, our analysts predict where the market will be headed for the next five years. Furthermore, the varying trends of segment & categories geographically presented are also studied and the estimated based on the primary & secondary research.
In this particular report from the supply side Data Library Research has conducted primary surveys (interviews) with the key level executives (VP, CEO’s, Marketing Director, Business Development Manager and SOFT) of the companies that active & prominent as well as the midsized organization
FIGURE 1: DLR RESEARH PROCESS
Extensive primary research was conducted to gain a deeper insight of the market and industry performance. The analysis is based on both primary and secondary research as well as years of professional expertise in the respective industries.
In addition to analysing current and historical trends, our analysts predict where the market is headed over the next five years.
It varies by segment for these categories geographically presented in the list of market tables. Speaking about this particular report we have conducted primary surveys (interviews) with the key level executives (VP, CEO’s, Marketing Director, Business Development Manager and many more) of the major players active in the market.
Secondary ResearchSecondary research was mainly used to collect and identify information useful for the extensive, technical, market-oriented, and Friend’s study of the Global Extra Neutral Alcohol. It was also used to obtain key information about major players, market classification and segmentation according to the industry trends, geographical markets, and developments related to the market and technology perspectives. For this study, analysts have gathered information from various credible sources, such as annual reports, sec filings, journals, white papers, SOFT presentations, and company web sites.
Market Size EstimationBoth, top-down and bottom-up approaches were used to estimate and validate the size of the Global market and to estimate the size of various other dependent submarkets in the overall Extra Neutral Alcohol. The key players in the market were identified through secondary research and their market contributions in the respective geographies were determined through primary and secondary research.
Forecast Model
