U.S. HOSPITAL BEDS MARKET SIZE AND SHARE ANALYSIS - GROWTH TRENDS AND FORECASTS (2023 to 2030)

Hospital beds are used for proper patient care in various settings such as elderly care facilities, home care settings, ambulatory surgical centers, and hospitals. Hospital beds are more comfortable than household beds as they are versatile in terms of inclination and can be reclined as per the patient’s condition. Household beds are difficult to clean and maintain hygiene for a longer period of time.

Hospital beds, on the other hand, can be easily cleaned and are simple to maintain hygiene. Advancement in hospital beds leads to the development of electric beds and semi-electric beds, which are cutting the need of medical assistance and nurses for patient monitoring. These are known as Electrical/powered hospital beds, they are suitable for the patient requirement of a particular resting position. Different hospital beds are available for many applications, such as psychiatric, pediatric, outpatient, maternity, bariatric, terminal patient, ambulatory, and intensive care unit (ICU) beds. Maternity beds are particularly designed for obstetricians and expectant mothers for their comfort. Electric and semi-electric beds are well equipped with footrest, locomotion system, and wheel-assisted mobility system.

Market Dynamics

Increasing road accidents, adoption of inorganic growth strategies such as mergers, acquisitions, partnerships, and collaborations by the key market players are the major factors that are expected to drive the U.S hospital beds market growth over the forecast period.

For instance, according to the Insurance Institute for Highway Safety (IIHS), there were 33,244 fatal motor vehicle crashes in the U.S in 2019.

Key features of the study:

• This report provides an in-depth analysis of the U.S hospital beds market, market size (US$ Million), and compound annual growth rate (CAGR%) for the forecast period (2022–2030), considering 2021 as the base year
• It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
• This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players
• It profiles key players in the U.S hospital beds market based on the following parameters – company overview, financial performance, product portfolio, market presence, distribution strategies, key developments, strategies, and future plans
• Key companies covered as a part of this study include Hill-Rom Holdings, Inc., Getinge AB, Invacare Corporation, Stryker Corporation, Paramount Bed Co. Ltd., Medline Industries, Inc., and LINET Group SE
• Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
• The U.S hospital beds market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
• Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the U.S hospital beds market

 Detailed Segmentation:

• U.S. Hospital Beds Market, By Product Type:
  • Electric Beds
  • Semi-Electric Beds
  • Manual Beds
• U.S. Hospital Beds Market, By Usage:
  • Acute Care Beds
  • Psychiatric Care Beds
  • Long-Term Care Beds
  • Others
• U.S. Hospital Beds Market, By Application:
  • Intensive Care Beds
  • Non-Intensive Care Beds
• U.S. Hospital Beds Market, By End User:
  • Home Care Setting
  • Hospitals
  • Elderly Care Facilities
  • Ambulatory Surgical Centers
  • Others
• Company Profiles
  • Hill-Rom Holdings, Inc. *
    • Company Overview
    • Material Portfolio
    • Financial Performance
    • Key Highlights
    • Market Strategies
  • Getinge AB
  • Invacare Corporation
  • Stryker Corporation
  • Paramount Bed Co. Ltd.
  • Medline Industries, Inc.
  • LINET Group SE

“*” marked represents similar segmentation in other categories in the respective section.