Europe Hospital Bed Market Forecast to 2028 – COVID

Europe Hospital Bed Market Forecast to 2028 – COVID-19 Impact and Regional Analysis – by Type (Semi-Electric Bed, Electric Bed, and Manual Bed), Usage (Acute Care Bed, Long-term Care Bed, Psychiatric Care Bed, and Others), Application (Non-Intensive Care Bed and Intensive Care Bed), and End User (Hospitals & Clinics, Elderly Care Facilities, Ambulatory Surgical Centers, and Home Care Settings)

Report Code : BMIRE00027507 | Region : Europe | Industry : Medical Device | Published Date : 18/Nov/2022

The hospital bed market in Europe is expected to grow from US$ 1,219.37 million in 2022 to US$ 1,711.77 million by 2028; it is estimated to grow at a CAGR of 5.8% from 2022 to 2028.

Growing Popularity of Smart Hospital Bed

According to a report by the Institute of Electrical and Electronics Engineers (IEEE), continuous patient monitoring during hospitalization is necessary for risk identification, and early diagnosis and treatment, resulting in reduced mortality and morbidity, and hospitalization costs. The fall of patients from bed, and bedsores or pressure sores can seriously harm them. Pressure ulcers or bedsores can be avoided by timely, accurate mapping of pressure points for inhibiting tissue perfusion, which might lead to a patient's death. Smart hospital bed, enabled with advanced technologies, have highly developed embedded control functions and interactivity. They support new functionalities such as continuous monitoring of patients’ vital signs, preventing them from falling off the bed, and averting the development of pressure ulcers. In September 2021, Baxter announced a collaboration with Hillrom, Inc. for developing smart hospital bed with Hillrom, accounting for US$ 10.5 billion for manufacturing hospital bed. In October 2020, Stryker announced the launching of smart hospital bed with the industry's first and only completed wireless hospital bed, namely, "ProCuity." The newly launched product was designed to help reduce in-hospital patient falls at all acuity levels, improve nurse workflow and safety, and help lower hospital costs.

Market Overview

The European hospital bed market is divided into Germany, the UK, France, Italy, Spain, and the Rest of Europe. Countries such as Germany and the UK are expected to be the most significant contributor to the hospital bed market due to increased prevalence of chronic conditions, whereas countries such as France and Italy are estimated to be the fastest-growing countries in the market as the countries offer the best healthcare facilities in the region. On the other hand, Italy is expected to have growth opportunities for the market owing to rising healthcare expenditure. Germany has the highest rates of intensive care bed among high-income countries and the highest overall hospital capacity in Europe.

Europe Hospital Bed Market Revenue and Forecast to 2028 (US$ Million)

Europe Hospital Bed Market Segmentation

The Europe hospital bed market is segmented on the basis of type, usage, application, end user, and country. Based on type, the market is segmented into semi-electric bed, electric bed, and manual bed. The semi-electric bed segment held the largest market share in 2022.

Based on usage, the market is segmented into acute care bed, long-term care bed, psychiatric care bed, and others. The acute care bed segment held the largest market share in 2022. Based on application, the market is bifurcated into non-intensive care bed and intensive care bed. The non-intensive care bed segment held a larger market share in 2022. Based on end user, the market is categorized into hospitals & clinics, elderly care facilities, ambulatory surgical centers, and home care settings. The hospitals & clinics segment held the largest market share in 2022. Based on country, the market is segmented into the Germany, Italy, France, UK, Spain, and Rest of Europe. Germany dominated the market in 2022. Hill Rom Holding inc. (Baxter); Stryker Corporation; Arjo Medical Devices; Invacare Corporation; Malvestio Spa; Savion Industries; and STIEGELMEYER GMBH & CO.KG are among the leading companies operating in the Europe hospital bed market.

At 5.8% CAGR, the Europe Hospital Bed Market is speculated to be worth US$ 1,711.77 million by 2028, says The Insight Partners

According to The Insight Partners’ research, the Europe hospital bed market was valued at US$ 1,219.37 million in 2022 and is expected to reach US$ 1,711.77 million by 2028, registering an annual growth rate of 5.8% from 2022 to 2028. Increasing prevalence of chronic diseases and rising preference for highly equipped hospital bed with innovative features.

According to a report by the Institute of Electrical and Electronics Engineers (IEEE), continuous patient monitoring during hospitalization is necessary for risk identification, and early diagnosis and treatment, resulting in reduced mortality and morbidity, and hospitalization costs. The fall of patients from bed, and bedsores or pressure sores can seriously harm them. Pressure ulcers or bedsores can be avoided by timely, accurate mapping of pressure points for inhibiting tissue perfusion, which might lead to a patient's death. Smart hospital bed, enabled with advanced technologies, have highly developed embedded control functions and interactivity. They support new functionalities such as continuous monitoring of patients’ vital signs, preventing them from falling off the bed, and averting the development of pressure ulcers. In September 2021, Baxter announced a collaboration with Hillrom, Inc. for developing smart hospital bed with Hillrom, accounting for US$ 10.5 billion for manufacturing hospital bed. In October 2020, Stryker announced the launching of smart hospital bed with the industry's first and only completed wireless hospital bed, namely, "ProCuity." The newly launched product was designed to help reduce in-hospital patient falls at all acuity levels, improve nurse workflow and safety, and help lower hospital costs. This is expected to drive the market during the forecast period.

On the contrary, bedsores or pressure sores associated with hospital bed hurdles the growth of Europe hospital bed market.

Based on type, the Europe hospital bed market is categorized into semi-electric bed, electric bed, and manual bed. The semi-electric bed segment held 44.2% market share in 2022, amassing US$ 538.98 million. It is projected to garner US$ 750.67 million by 2028 to expand at 5.7% CAGR during 2022–2028. Based on usage, the Europe hospital bed market is categorized into acute care bed, long-term care bed, psychiatric care bed, and others. The acute care bed segment held 46.1% market share in 2022, amassing US$ 561.62 million. It is projected to garner US$ 783.21 million by 2028 to expand at 5.7% CAGR during 2022–2028. Based on application, the Europe hospital bed market is bifurcated into non-intensive care bed and intensive care bed. The non-intensive care bed segment held 52.6% market share in 2022, amassing US$ 641.09 million. It is projected to garner US$ 925.71 million by 2028 to expand at 6.3% CAGR during 2022–2028 Based on end user, the Europe hospital bed market is categorized into hospitals & clinics, elderly care facilities, ambulatory surgical centers, and home care settings. The hospitals & clinics segment held 51.0% market share in 2022, amassing US$ 621.94 million. It is projected to garner US$ 895.92 million by 2028 to expand at 6.3% CAGR during 2022–2028. Based on country, the Europe hospital bed market has been categorized into the Germany, UK, France, Italy, Spain, and Rest of Europe. Our regional analysis states that Germany captured 29.8% market share in 2022. It was assessed at US$ 363.13 million in 2022 and is likely to hit US$ 535.18 million by 2028, exhibiting a CAGR of 6.7% during the forecast period. Key players dominating the Europe hospital bed market are Hill Rom Holding inc. (Baxter); Stryker Corporation; Arjo Medical Devices; Invacare Corporation; Malvestio Spa; Savion Industries; and STIEGELMEYER GMBH & CO.KG among others.

In Aug 2019, Invacare Corp. announced the launch of NordBed family which features homely aesthetics ensuring the perfect fit for nursing home environments. In April 2019, Arjo Collaborates with Kindred Healthcare to Help Improve Quality of Care.

TABLE OF CONTENTS

1. Introduction

1.1 Study Scope

1.2 The Insight Partners Research Report Guidance

1.3 Market Segmentation

1.3.1 Europe Hospital Bed Market – By Type

1.3.2 Europe Hospital Bed Market – By Usage

1.3.3 Europe Hospital Bed Market – By Application

1.3.4 Europe Hospital Bed Market – By End User

1.3.5 Europe Hospital Bed Market – By Country

2. Key Takeaways

3. Research Methodology

3.1 Coverage

3.2 Secondary Research

3.3 Primary Research

4. Europe Hospital Bed Market – Market Landscape

4.1 Overview

4.2 PEST Analysis

4.2.1 Europe PEST Analysis

4.3 Experts Opinion

5. Europe Hospital Bed Market – Key Market Dynamics

5.1 Market Drivers

5.1.1 Increasing Prevalence of Chronic Diseases

5.1.2 Rising Preference for Highly Equipped Hospital Bed with Innovative Features

5.2 Market Restraints

5.2.1 Bedsores or Pressure Sores Associated with Hospital Bed

5.3 Market Opportunities

5.3.1 Home Healthcare Facilities for Geriatric Populations and Postoperative Care

5.4 Future Trends

5.4.1 Growing Popularity of Smart Hospital Bed

5.5 Impact Analysis

6. Hospital Bed Market – Europe Analysis

6.1 Europe Hospital Bed Market Revenue Forecast & Analysis

7. Europe Hospital Bed Market Analysis – By Type

7.1 Overview

7.2 Europe Hospital Bed Market, by Type, 2021 & 2028 (%)

7.3 Semi-Electric Bed

7.3.1 Overview

7.3.2 Semi-Electric Bed Market Revenue and Forecast to 2028 (US$ Million)

7.4 Electric-Bed

7.4.1 Overview

7.4.2 Electric-Bed Market Revenue and Forecast to 2028 (US$ Million)

7.5 Manual Bed

7.5.1 Overview

7.5.2 Manual Bed Market Revenue and Forecast to 2028 (US$ Million)

8. Europe Hospital Bed Market Analysis – By Usage

8.1 Overview

8.2 Europe Hospital Bed Market, by Usage, 2021 & 2028 (%)

8.3 Acute Care Bed

8.3.1 Overview

8.3.2 Acute Care Bed Market Revenue and Forecast to 2028 (US$ Million)

8.4 Long-Term Care Bed

8.4.1 Overview

8.4.2 Long-Term Care Bed Market Revenue and Forecast to 2028 (US$ Million)

8.5 Psychiatric Care Bed

8.5.1 Overview

8.5.2 Psychiatric Care Bed Market Revenue and Forecast to 2028 (US$ Million)

8.6 Others

8.6.1 Overview

8.6.2 Others Market Revenue and Forecast to 2028 (US$ Million)

9. Europe Hospital Bed Market Analysis – By Application

9.1 Overview

9.2 Europe Hospital Bed Market, by Application, 2021 & 2028 (%)

9.3 Non-Intensive Care Bed

9.3.1 Overview

9.3.2 Non-Intensive Care Bed Market Revenue and Forecast to 2028 (US$ Million)

9.4 Intensive Care Bed

9.4.1 Overview

9.4.2 Intensive Care Bed Market Revenue and Forecast to 2028 (US$ Million)

10. Europe Hospital Bed Market Analysis – By End User

10.1 Overview

10.2 Europe Hospital Bed Market, by End User, 2021 & 2028 (%)

10.3 Hospitals and Clinics

10.3.1 Overview

10.3.2 Hospitals and Clinics Market Revenue and Forecast to 2028 (US$ Million)

10.4 Elderly Care Facilities

10.4.1 Overview

10.4.2 Elderly Care Facilities Market Revenue and Forecast to 2028 (US$ Million)

10.5 Ambulatory Surgical Centers

10.5.1 Overview

10.5.2 Ambulatory Surgical Centers Market Revenue and Forecast to 2028 (US$ Million)

10.6 Home care Settings

10.6.1 Overview

10.6.2 Home care Settings Market Revenue and Forecast to 2028 (US$ Million)

11. Europe Hospital Bed Market – By Country Analysis

11.1 Europe: Hospital Bed Market

11.1.1 Overview

11.1.2 Europe: Hospital Bed Market, by Country, 2021 & 2028 (%)

11.1.2.1 Germany: Hospital Bed Market – Revenue and Forecast to 2028 (USD Million)

11.1.2.1.1 Germany: Hospital Bed Market – Revenue and Forecast to 2028 (USD Million)

11.1.2.1.2 Germany: Hospital Bed Market, by Type, 2019–2028 (USD Million)

11.1.2.1.3 Germany: Hospital Bed Market, by Usage, 2019–2028 (USD Million)

11.1.2.1.4 Germany: Hospital Bed Market, by Application, 2019–2028 (USD Million)

11.1.2.1.5 Germany: Hospital Bed Market, by End User, 2019–2028 (USD Million)

11.1.2.2 UK: Hospital Bed Market – Revenue and Forecast to 2028 (USD Million)

11.1.2.2.1 UK: Hospital Bed Market – Revenue and Forecast to 2028 (USD Million)

11.1.2.2.2 UK: Hospital Bed Market, by Type, 2019–2028 (USD Million)

11.1.2.2.3 UK: Hospital Bed Market, by Usage, 2019–2028 (USD Million)

11.1.2.2.4 UK: Hospital Bed Market, by Application, 2019–2028 (USD Million)

11.1.2.2.5 UK: Hospital Bed Market, by End User, 2019–2028 (USD Million)

11.1.2.3 France: Hospital Bed Market – Revenue and Forecast to 2028 (USD Million)

11.1.2.3.1 France: Hospital Bed Market – Revenue and Forecast to 2028 (USD Million)

11.1.2.3.2 France: Hospital Bed Market, by Type, 2019–2028 (USD Million)

11.1.2.3.3 France: Hospital Bed Market, by Usage, 2019–2028 (USD Million)

11.1.2.3.4 France: Hospital Bed Market, by Application, 2019–2028 (USD Million)

11.1.2.3.5 France: Hospital Bed Market, by End User, 2019–2028 (USD Million)

11.1.2.4 Italy: Hospital Bed Market – Revenue and Forecast to 2028 (USD Million)

11.1.2.4.1 Italy: Hospital Bed Market – Revenue and Forecast to 2028 (USD Million)

11.1.2.4.2 Italy: Hospital Bed Market, by Type, 2019–2028 (USD Million)

11.1.2.4.3 Italy: Hospital Bed Market, by Usage, 2019–2028 (USD Million)

11.1.2.4.4 Italy: Hospital Bed Market, by Application, 2019–2028 (USD Million)

11.1.2.4.5 Italy: Hospital Bed Market, by End User, 2019–2028 (USD Million)

11.1.2.5 Spain: Hospital Bed Market – Revenue and Forecast to 2028 (USD Million)

11.1.2.5.1 Spain: Hospital Bed Market – Revenue and Forecast to 2028 (USD Million)

11.1.2.5.2 Spain: Hospital Bed Market, by Type, 2019–2028 (USD Million)

11.1.2.5.3 Spain: Hospital Bed Market, by Usage, 2019–2028 (USD Million)

11.1.2.5.4 Spain: Hospital Bed Market, by Application, 2019–2028 (USD Million)

11.1.2.5.5 Spain: Hospital Bed Market, by End User, 2019–2028 (USD Million)

11.1.2.6 Rest of Europe: Hospital Bed Market – Revenue and Forecast to 2028 (USD Million)

11.1.2.6.1 Rest of Europe: Hospital Bed Market – Revenue and Forecast to 2028 (USD Million)

11.1.2.6.2 Rest of Europe: Hospital Bed Market, by Type, 2019–2028 (USD Million)

11.1.2.6.3 Rest of Europe: Hospital Bed Market, by Usage, 2019–2028 (USD Million)

11.1.2.6.4 Rest of Europe: Hospital Bed Market, by Application, 2019–2028 (USD Million)

11.1.2.6.5 Rest of Europe: Hospital Bed Market, by End User, 2019–2028 (USD Million)

12. Hospital Bed Market–Industry Landscape

12.1 Overview

12.2 Growth Strategies in the Hospital Bed Market (%)

12.3 Organic Developments

12.3.1 Overview

12.4 Inorganic Developments

12.4.1 Overview

13. Company Profiles

13.1 Hill Rom Holding Inc. (Baxter)

13.1.1 Key Facts

13.1.2 Business Description

13.1.3 Products and Services

13.1.4 Financial Overview

13.1.5 SWOT Analysis

13.1.6 Key Developments

13.2 Stryker Corporation

13.2.1 Key Facts

13.2.2 Business Description

13.2.3 Products and Services

13.2.4 Financial Overview

13.2.5 SWOT Analysis

13.2.6 Key Developments

13.3 Arjo Medical Devices

13.3.1 Key Facts

13.3.2 Business Description

13.3.3 Products and Services

13.3.4 Financial Overview

13.3.5 SWOT Analysis

13.3.6 Key Developments

13.4 Invacare Corporation

13.4.1 Key Facts

13.4.2 Business Description

13.4.3 Products and Services

13.4.4 Financial Overview

13.4.5 SWOT Analysis

13.4.6 Key Developments

13.5 Malvestio Spa

13.5.1 Key Facts

13.5.2 Business Description

13.5.3 Products and Services

13.5.4 Financial Overview

13.5.5 SWOT Analysis

13.5.6 Key Developments

13.6 Savion Industries

13.6.1 Key Facts

13.6.2 Business Description

13.6.3 Products and Services

13.6.4 Financial Overview

13.6.5 SWOT Analysis

13.6.6 Key Developments

13.7 STIEGELMEYER GMBH & CO.KG

13.7.1 Key Facts

13.7.2 Business Description

13.7.3 Products and Services

13.7.4 Financial Overview

13.7.5 SWOT Analysis

13.7.6 Key Developments

14. Appendix

14.1 About The Insight Partners

14.2 Glossary of Terms

LIST OF TABLES.

Table 1. Germany: Hospital Bed Market, by Type – Revenue and Forecast to 2028 (US$ Million)

Table 2. Germany: Hospital Bed Market, by Usage – Revenue and Forecast to 2028 (US$ Million)

Table 3. Germany: Hospital Bed Market, by Application – Revenue and Forecast to 2028 (US$ Million)

Table 4. Germany: Hospital Bed Market, by End User – Revenue and Forecast to 2028 (US$ Million)

Table 5. UK: Hospital Bed Market, by Type – Revenue and Forecast to 2028 (US$ Million)

Table 6. UK: Hospital Bed Market, by Usage – Revenue and Forecast to 2028 (US$ Million)

Table 7. UK: Hospital Bed Market, by Application – Revenue and Forecast to 2028 (US$ Million)

Table 8. UK: Hospital Bed Market, by End User – Revenue and Forecast to 2028 (US$ Million)

Table 9. France: Hospital Bed Market, by Type – Revenue and Forecast to 2028 (US$ Million)

Table 10. France: Hospital Bed Market, by Usage – Revenue and Forecast to 2028 (US$ Million)

Table 11. France: Hospital Bed Market, by Application – Revenue and Forecast to 2028 (US$ Million)

Table 12. France: Hospital Bed Market, by End User – Revenue and Forecast to 2028 (US$ Million)

Table 13. Italy: Hospital Bed Market, by Type – Revenue and Forecast to 2028 (US$ Million)

Table 14. Italy: Hospital Bed Market, by Usage – Revenue and Forecast to 2028 (US$ Million)

Table 15. Italy: Hospital Bed Market, by Application – Revenue and Forecast to 2028 (US$ Million)

Table 16. Italy: Hospital Bed Market, by End User – Revenue and Forecast to 2028 (US$ Million)

Table 17. Spain: Hospital Bed Market, by Type – Revenue and Forecast to 2028 (US$ Million)

Table 18. Spain: Hospital Bed Market, by Usage – Revenue and Forecast to 2028 (US$ Million)

Table 19. Spain: Hospital Bed Market, by Application – Revenue and Forecast to 2028 (US$ Million)

Table 20. Spain: Hospital Bed Market, by End User – Revenue and Forecast to 2028 (US$ Million)

Table 21. Rest of Europe: Hospital Bed Market, by Type – Revenue and Forecast to 2028 (US$ Million)

Table 22. Rest of Europe: Hospital Bed Market, by Usage – Revenue and Forecast to 2028 (US$ Million)

Table 23. Rest of Europe: Hospital Bed Market, by Application – Revenue and Forecast to 2028 (US$ Million)

Table 24. Rest of Europe: Hospital Bed Market, by End User – Revenue and Forecast to 2028 (US$ Million)

Table 25. Organic Developments in the Hospital Bed Market

Table 26. Inorganic Developments in the Hospital Bed Market

Table 27. Glossary of Terms

LIST OF FIGURES.

Figure 1. Europe Hospital Bed Market Segmentation

Figure 2. Europe Hospital Bed Market, By Country

Figure 3. Europe Hospital Bed Market Overview

Figure 4. Semi-Electric Bed Holds Maximum Share in Hospital Bed Market

Figure 5. Germany is Expected to Show Remarkable Growth During the Forecast Period

Figure 6. Europe: PEST Analysis

Figure 7. Europe Experts Opinion

Figure 8. Europe Impact Analysis

Figure 9. Europe Hospital Bed Market – Revenue Forecast and Analysis – 2020- 2028

Figure 10. Europe Hospital Bed Market, by Type, 2021 & 2028 (%)

Figure 11. Europe Semi-Electric Bed Market Revenue and Forecast to 2028 (US$ Million)

Figure 12. Europe Electric-Bed Market Revenue and Forecast to 2028 (US$ Million)

Figure 13. Europe Manual Bed Market Revenue and Forecast to 2028 (US$ Million)

Figure 14. Europe Hospital Bed Market, by Usage, 2021 & 2028 (%)

Figure 15. Europe Acute Care Bed Market Revenue and Forecast to 2028 (US$ Million)

Figure 16. Europe Long-Term Care Bed Market Revenue and Forecast to 2028 (US$ Million)

Figure 17. Europe Psychiatric Care Bed Market Revenue and Forecast to 2028 (US$ Million)

Figure 18. Europe Others Market Revenue and Forecast to 2028 (US$ Million)

Figure 19. Europe Hospital Bed Market, by Application, 2021 & 2028 (%)

Figure 20. Europe Non-Intensive Care Bed Market Revenue and Forecast to 2028 (US$ Million)

Figure 21. Europe Intensive Care Bed Market Revenue and Forecast to 2028 (US$ Million)

Figure 22. Europe Hospital Bed Market, by End User, 2021 & 2028 (%)

Figure 23. Europe Hospitals and Clinics Market Revenue and Forecast to 2028 (US$ Million)

Figure 24. Europe Elderly Care Facilities Market Revenue and Forecast to 2028 (US$ Million)

Figure 25. Europe Ambulatory Surgical Centers Market Revenue and Forecast to 2028 (US$ Million)

Figure 26. Europe Home care Settings Market Revenue and Forecast to 2028 (US$ Million)

Figure 27. Europe: Hospital Bed Market, by Key Country – Revenue (2021) (USD Million)

Figure 28. Europe: Hospital Bed Market, by Country, 2021 & 2028 (%)

Figure 29. Germany: Hospital Bed Market – Revenue and Forecast to 2028 (USD Million)

Figure 30. UK: Hospital Bed Market – Revenue and Forecast to 2028 (USD Million)

Figure 31. France: Hospital Bed Market – Revenue and Forecast to 2028 (USD Million)

Figure 32. Italy: Hospital Bed Market – Revenue and Forecast to 2028 (USD Million)

Figure 33. Spain: Hospital Bed Market – Revenue and Forecast to 2028 (USD Million)

Figure 34. Rest of Europe: Hospital Bed Market – Revenue and Forecast to 2028 (USD Million)

Figure 35. Growth Strategies in the Hospital Bed Market (%)

The List of Companies - Europe Hospital Bed Market

● Hill Rom Holding inc. (Baxter)

● Stryker Corporation

● Arjo Medical Devices

● Invacare Corporation

● Malvestio Spa

● Savion Industries

● STIEGELMEYER GMBH & CO.KG

● Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the Europe hospital bed market.

● Highlights key business priorities in order to assist companies to realign their business strategies

● The key findings and recommendations highlight crucial progressive industry trends in the Europe hospital bed market, thereby allowing players across the value chain to develop effective long-term strategies

● Develop/modify business expansion plans by using substantial growth offering developed and emerging markets

● Scrutinize in-depth Europe market trends and outlook coupled with the factors driving the Europe hospital bed market, as well as those hindering it

● Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing, and distribution

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