North America Hospital Bed Market Forecast to 2028

Report Code : BMIRE00027529 | Region : North America | Industry : Medical Device | Published Date : 21/Nov/2022
North America 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)

The hospital bed market in North America is expected to grow from US$ 1,083.38 million in 2022 to US$ 1,466.55 million by 2028; it is estimated to grow at a CAGR of 5.2% from 2022 to 2028.

Growing Preference for Highly Equipped Hospital Bed with Innovative Features

According to a report by the National Institute of Health (NIH), there is a high demand for equipped, facilitated bed, which help prevent other physiological complications among patients, which include bedsores. According to the Mayo Foundation for Medical Education and Research (MFMER) report, a patient suffering from bedsores has medical conditions limiting the ability to change positions or cause them to spend most of their time in a bed or chair. For example, bedsores fall into several stages based on depth, severity, and other characteristics such as the degree of skin and tissue damage ranging from changes in skin color to a severe injury involving muscle and bone. However, the development of information technology (IT) in healthcare, i.e., healthcare IT based medical equipment’s such as smart hospital bed, involving the use of wireless sensor networks (WSNs), has resulted in easy and quick service acting as a solution to prevent bedsores in motionless and disabled patients. With simple applications (apps), hospital bed has been transformed into highly networked appliances, which are categorized as Class 2 Medical Devices seeking electronic intelligence. For example, modern hospital bed is equipped with a monitor screen that shows the health status of patients and enables remote transmission of data to the nurse station. Additional modules include tilt accelerometers and motor drives to control the tilt of bed, powered wheels to facilitate the movement of the patient to different areas of the hospital, USB, and Ethernet ports to aid in connectivity with a PC or a hospital network, and an LCD screen and keypad for the user interface, which allow healthcare providers to offer comfort to patients. In October 2020, Stryker announced the launch of "ProCuity," which is the first and only wireless hospital bed available in the market. This newly launched product is designed to help reduce the fall of patients in hospitals, improve the efficiencies and safety of nurses, and lower hospital operating costs. This bed can connect seamlessly to nurse call systems without the use of cables and wires.

Market Overview

The North America hospital bed market is segmented in the US, Canada, and Mexico. The growth of the market in North America is attributed to the increasing adoption of healthcare smart beds in acute care or long-term care facilities. For example, the Harvard Medical School reveals in a published study that using respiratory rate sensing technology and heart-rate sensing technology, when incorporated in hospital bed such as bedide monitors and EarlySense's under-the-mattress, helps reduce such events among the patients by 86%. Such aforementioned factors are responsible for the growth of the hospital bed market in North America. The US has the highest rates of intensive care beds among high-income countries and the highest overall hospital capacity in North America.

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

North America Hospital bed market Segmentation

The North America 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 US, Canada, and Mexico. The US dominated the market in 2022. Hill Rom Holding inc. (Baxter); Stryker Corporation; Arjo Medical Devices; Invacare Corporation; Paramount Bed Holdings Co., Ltd.; GF Health Products Inc.; Malvestio Spa; Span America (Savaria Corporation); Savion Industries; and STIEGELMEYER GMBH & CO.KG are among the leading companies operating in the North America hospital bed market.

The List of Companies - North America Hospital Bed Market

● Hill Rom Holding inc. (Baxter)

● Stryker Corporation

● Arjo Medical Devices

● Invacare Corporation

● Paramount Bed Holdings Co., Ltd.

● GF Health Products Inc.

● Malvestio Spa

● Span America (Savaria Corporation)

● Savion Industries

● STIEGELMEYER GMBH & CO.KG

TABLE OF CONTENTS

1. Introduction

1.1 Study Scope

1.2 The Insight Partners Research Report Guidance

1.3 Market Segmentation

1.3.1 North America Hospital Bed Market – By Type

1.3.2 North America Hospital Bed Market – By Usage

1.3.3 North America Hospital Bed Market – By Application

1.3.4 North America Hospital Bed Market – By End User

1.3.5 North America Hospital Bed Market – By Country

2. Key Takeaways

3. Research Methodology

3.1 Coverage

3.2 Secondary Research

3.3 Primary Research

4. North America Hospital Bed Market – Market Landscape

4.1 Overview

4.2 PEST Analysis

4.2.1 North America PEST Analysis

4.3 Experts Opinion

5. North America Hospital Bed Market – Key Market Dynamics

5.1 Market Drivers

5.1.1 Rising Prevalence of Chronic Diseases

5.1.2 Growing 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 Services for Geriatric Populations and Postoperative Care

5.4 Future Trends

5.4.1 Increasing Popularity of Smart Hospital Bed

5.5 Impact Analysis

6. Hospital Bed Market – North America Analysis

6.1 North America Hospital Bed Market Revenue Forecast & Analysis

7. North America Hospital Bed Market Analysis – By Type

7.1 Overview

7.2 North America 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. North America Hospital Bed Market Analysis – By Usage

8.1 Overview

8.2 North America 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. North America Hospital Bed Market Analysis – By Application

9.1 Overview

9.2 North America 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. North America Hospital Bed Market Analysis – By End User

10.1 Overview

10.2 North America 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. North America Hospital Bed – by Country Analysis

11.1 North America: Hospital Bed Market

11.1.1 Overview

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

11.1.2.1 US: Hospital Bed Market – Revenue and Forecast to 2028 (US$ Million)

11.1.2.1.1 Overview

11.1.2.1.2 US: Hospital Bed Market – Revenue and Forecast to 2028 (US$ Million)

11.1.2.1.3 US: Hospital Bed Market, by Type, 2020–2028 (US$ Million)

11.1.2.1.4 US: Hospital Bed Market, by Usage, 2020–2028 (US$ Million)

11.1.2.1.5 US: Hospital Bed Market, by Application, 2020–2028 (US$ Million)

11.1.2.1.6 US: Hospital Bed Market, by End User, 2020–2028 (US$ Million)

11.1.2.2 Canada: Hospital Bed Market – Revenue and Forecast to 2028 (US$ Million)

11.1.2.2.1 Overview

11.1.2.2.2 Canada: Hospital Bed Market – Revenue and Forecast to 2028 (US$ Million)

11.1.2.2.3 Canada: Hospital Bed Market, by Type, 2020–2028 (US$ Million)

11.1.2.2.4 Canada: Hospital Bed Market, by Usage, 2020–2028 (US$ Million)

11.1.2.2.5 Canada: Hospital Bed Market, by Application, 2020–2028 (US$ Million)

11.1.2.2.6 Canada: Hospital Bed Market, by End User, 2020–2028 (US$ Million)

11.1.2.3 Mexico: Hospital Bed Market – Revenue and Forecast to 2028 (US$ Million)

11.1.2.3.1 Overview

11.1.2.3.2 Mexico: Hospital Bed Market – Revenue and Forecast to 2028 (US$ Million)

11.1.2.3.3 Mexico: Hospital Bed Market, by Type, 2020–2028 (US$ Million)

11.1.2.3.4 Mexico: Hospital Bed Market, by Usage, 2020–2028 (US$ Million)

11.1.2.3.5 Mexico: Hospital Bed Market, by Application, 2020–2028 (US$ Million)

11.1.2.3.6 Mexico: Hospital Bed Market, by End User, 2020–2028 (US$ 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 Paramount Bed Holdings Co., Ltd.

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 GF Health Products Inc.

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 Malvestio Spa

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

13.8 Span America (Savaria Corporation)

13.8.1 Key Facts

13.8.2 Business Description

13.8.3 Products and Services

13.8.4 Financial Overview

13.8.5 SWOT Analysis

13.8.6 Key Developments

13.9 Savion Industries

13.9.1 Key Facts

13.9.2 Business Description

13.9.3 Products and Services

13.9.4 Financial Overview

13.9.5 SWOT Analysis

13.9.6 Key Developments

13.10 STIEGELMEYER GMBH & CO.KG

13.10.1 Key Facts

13.10.2 Business Description

13.10.3 Products and Services

13.10.4 Financial Overview

13.10.5 SWOT Analysis

13.10.6 Key Developments

14. Appendix

14.1 About The Insight Partners

14.2 Glossary of Terms

LIST OF TABLES.

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

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

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

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

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

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

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

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

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

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

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

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

Table 13. Organic Developments in the Hospital Bed Market

Table 14. Inorganic Developments in the Hospital Bed Market

Table 15. Glossary of Terms

The List of Companies - North America Hospital Bed Market

● Hill Rom Holding inc. (Baxter)

● Stryker Corporation

● Arjo Medical Devices

● Invacare Corporation

● Paramount Bed Holdings Co., Ltd.

● GF Health Products Inc.

● Malvestio Spa

● Span America (Savaria Corporation)

● Savion Industries

● STIEGELMEYER GMBH & CO.KG

Reason To Buy

● Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the North America 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 North America 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 North America market trends and outlook coupled with the factors driving the North America 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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