The automated hospital beds global market report 2024 from The Business Research Company provides comprehensive market statistics, including global market size, regional shares, competitor market share, detailed segments, trends, and opportunities. This report offers an in-depth analysis of current and future industry scenarios, delivering a complete perspective for thriving in the industrial automation software market.
Automated Hospital Beds Market, 2024 report by The Business Research Company offers comprehensive insights into the current state of the market and highlights future growth opportunities.
Market Size –
The automated hospital beds market size has grown strongly in recent years. It will grow from $28.6 billion in 2023 to $30.9 billion in 2024 at a compound annual growth rate (CAGR) of 8%. The growth in the historic period can be attributed to a rise in the aging population, a rise in home healthcare services, a rise in the incidence rates of chronic disorders, a rise in telemedicine, increase in surgical procedures.
The automated hospital beds market size is expected to see strong growth in the next few years. It will grow to $42.34 billion in 2028 at a compound annual growth rate (CAGR) of 8.2%. The growth in the forecast period can be attributed to the increasing number of accidents, growing emphasis on patient-centric care, growing geriatric population worldwide, rising healthcare expenditure, and increasing shift to home healthcare. Major trends in the forecast period include technological advancements, IoT integration, AI and machine learning, enhanced capabilities for remote monitoring, telemedicine integration, and integration of robotics to assist with patient transfers.
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Scope Of Automated Hospital Beds Market
The Business Research Company’s reports encompass a wide range of information, including:
1. Market Size (Historic and Forecast): Analysis of the market’s historical performance and projections for future growth.
2. Drivers: Examination of the key factors propelling market growth.
3. Trends: Identification of emerging trends and patterns shaping the market landscape.
4. Key Segments: Breakdown of the market into its primary segments and their respective performance.
5. Focus Regions and Geographies: Insight into the most critical regions and geographical areas influencing the market.
6. Macro Economic Factors: Assessment of broader economic elements impacting the market.
Automated Hospital Beds Market Overview
Market Drivers –
The increasing number of road accidents is expected to propel the growth of the automated hospital bed market going forward. The rise in road accidents is due to increased traffic congestion, distracted driving due to mobile devices, inadequate infrastructure maintenance, and failure to adhere to traffic regulations. Automated hospital beds aid in accidents by enhancing patient care and safety through features such as adjustable height for more effortless patient transfer and treatment, automated positioning to prevent bedsores, and remote control for swift adjustments, ensuring timely medical attention and comfort. For instance, in May 2022, according to an estimate published by the National Highway Traffic Safety Administration (NHTSA), a US-based federal agency, the number of fatalities in motor vehicle traffic crashes increased by 10.5%, with an estimated 42,915 deaths in 2021 compared to 38,824 fatalities in 2020. Therefore, the increasing number of road accidents is driving the growth of the automated hospital bed market.
Market Trends –
Major companies operating in the automated hospital beds market are developing next-generation intensive care unit (ICU) beds to enhance patient care and meet the growing demand for advanced medical technology. Next-generation ICU beds are advanced medical beds designed to improve patient outcomes and streamline care in intensive care units. For instance, in May 2023, Baxter International Inc., a US-based healthcare company, launched an advanced Hillrom Progressa+ bed for the ICU. Progressa+ is a cutting-edge hospital bed designed to enhance patient care and support recovery. It offers advanced pulmonary support with in-bed percussion, vibration, and continuous lateral rotation therapies to reduce complications from immobility. The bed also features improved access for intubation and procedures. Additionally, it aids early patient mobility with an integrated lift system and a one-button FullChair for safe and effortless patient movement, reducing the risk of clinician injury.
The automated hospital beds market covered in this report is segmented –
1) By Type: Semi-Automatic Hospital Beds, Fully Automatic Hospital Beds
2) By Technology: Basic Automated Hospital Beds, Smart Automated Hospital Beds
3) By Application: Critical Care, Acute Care, Long Term Care
4) By End User: Hospitals And Clinics, Reproductive Care Centers, Dentistry, Home Care, Other End-Users
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Regional Insights –
North America was the largest region in the automated hospital beds market in 2023. The regions covered in the automated hospital beds market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Key Companies –
Major companies operating in the automated hospital beds market are Becton Dickinson and Company, Stryker Corporation, Malvestio SpA, Medline Industries Inc., Olympus Corporation, Coloplast A/S, Hill-Rom Holdings Inc., Arjo Huntleigh, Invacare Corporation, Paramount Bed Co. Ltd., Midmark India Pvt. Ltd., Linet spol. s.r.o., Joerns Healthcare LLC, Amico Corporation, Stiegelmeyer GmbH & Co. KG, Span-America Medical Systems Inc., Merivaara Corp., Howard Wright Limited, Haelvoet NV, Volker GmbH, Mespa, Gendron Inc., Besco Medical Ltd., Savion Industries
Table of Contents
1. Executive Summary
2. Automated Hospital Beds Market Report Structure
3. Automated Hospital Beds Market Trends And Strategies
4. Automated Hospital Beds Market – Macro Economic Scenario
5. Automated Hospital Beds Market Size And Growth
…..
27. Automated Hospital Beds Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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