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  • Published On : Sep 2022
  • Code : CMI5211
  • Industry : Medical Devices
  • Pages : 298
  • Formats :

A medical bed is a bed that is specifically designed for patients who require health care or hospitalized patients. The patient's comfort and well-being as well as the convenience of health care workers are the special features of these beds.

Adjustable height for the entire bed, the feet, and the head, electronic buttons and adjustable side rails, to operate both the bed and other nearby electronic devices are common features of medical bed

Global Medical Pediatric Bed Market is estimated to be valued at US$ 10,560.00 Mn in 2022 and is expected to exhibit a CAGR of 6.5% over the forecast period (2022-2030).

Figure 1. Global Medical Pediatric Bed Market Value (US$ Mn), by Type, 2022

Medical Pediatric Bed  | Coherent Market Insights

Figure 1.1 Global Medical Pediatric Bed Market Value (US$ Mn), by Type, 2030

Medical Pediatric Bed  | Coherent Market Insights

Figure 2. Global Medical Pediatric Bed Market Value (US$ Mn), by Features, 2022

Medical Pediatric Bed  | Coherent Market Insights

Figure 2.1. Global Medical Pediatric Bed Market Value (US$ Mn), by Features, 2030

Medical Pediatric Bed  | Coherent Market Insights

 Global Medical Pediatric Bed Market Restraint

Increasing product recalls by regulatory authorities is expected to hamper growth of the global medical pediatric bed market over the forecast period.

For instance, in May 2021, the U.S. Food and Drug Administration (FDA) issued a notice to recall CUB Pediatric Crib. CUB Pediatric Crib intended to provide a pediatric patient support surface for medical purposes and to provide a method of transporting pediatric patients within a healthcare facility. The CUB Pediatric Crib is manufactured by Stryker Corporation, a medical technologies corporation.

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Medical Pediatric Bed Market Report Coverage

Report Coverage Details
Base Year: 2021 Market Size in 2022: US$ 10,560.0 Mn
Historical Data for: 2017 to 2020 Forecast Period: 2022 to 2030
Forecast Period 2022 to 2030 CAGR: 6.5% 2030 Value Projection: US$ 17,433.4 Mn
Geographies covered:
  • North America: U.S. and Canada
  • Latin America: Brazil, Argentina, Mexico, and Rest of Latin America
  • Europe: Germany, U.K., Spain, France, Italy, Russia, and Rest of Europe
  • Asia Pacific: China, India, Japan, Australia, South Korea, ASEAN, and Rest of Asia Pacific
  • Middle East: GCC Countries, Israel, and Rest of Middle East
  • Africa: South Africa, North Africa, and Central Africa
Segments covered:
  • By Type: Electric, Manual
  • By Features: Height Adjustable, Fixed Height, Trendelenburg
  • By End User: Hospitals, Nursing Home, Homecare
Companies covered:

Meditek Engineers, Tychemed, HARD Manufacturing Company, Inc., Sigma-Care Development Co., Ltd., PARAMOUNT BED CO., LTD., Stiegelmeyer GmbH & Co. KG, Saikang Medical, Guangdong Pigeon Medical Apparatus Co., Ltd. , Savion Industries, Nitrocare, MESPA, Hebei Jiede Medical Equipment Co., Ltd., Zhangjiagang Medi Medical Equipment Co., ltd., BiHealthcare (Zhangjiagang Braun Industry Co., Ltd.), Schröder Health Projects, Linet, Invacare Corporation, Medline Industries Inc., and Stryker Corporation.

Growth Drivers:
  • Increasing incidence of preterm birth admissions
Restraints & Challenges:
  • Increasing product recalls by regulatory authorities
Opportunities:
  • Development and launch of innovative pediatric beds 

Global Medical Pediatric Bed Market – Impact of Coronavirus (Covid-19) Pandemic:

COVID-19 has spread at an alarming rate around the world. It is a huge damage on the global economy, on both the manufacturing and service sectors, and damage on the labour force. The impact of COVID-19 is tremendous due to the concentration of economic activities, demographics, and urbanization

For instance, in July 2021, the Government of Karnataka, India, dictated the 100 bed Pediatric Intensive Care Unit at Indira Gandhi Institute of Child Health, Bengaluru, which was funded by Cognizant foundation, one of the channels of Cognizant's Corporate Social Responsibility, to COVID-19 affected children and infants.

The Pediatric Intensive Care Unit facility at Indira Gandhi Institute of Child Health increased from 30 to 100 beds in response to the dire need for providing lifesaving care to children and infants affected by COVID-19.

Moreover, this initiative is a part of Cognizant Operation C3, the company’s COVID-19 rapid response program to combat the pandemic, aimed at protecting the health and safety of its associates, their families, and supporting vulnerable communities.

Global Canine Atopic Dermatitis Treatment Drugs Market- Regional Insights

On the basis of region, the global medical pediatric bed market is segmented into North America, Latin America, Europe, Asia Pacific, Middle East, and Africa. North America is expected to hold a dominant position in the medical pediatric bed market over the forecast period, due to high rate of premature births and presence of a highly structured healthcare industry in the region.

 For instance, in 2020, According to Center for Disease Control and Prevention, the U.S. was estimated to have high incidence of premature births. In 2017, the rate of preterm birth was 1 in 10 babies, in U.S.

Key Players

Major players operating in the global medical pediatric bed market include Meditek Engineers, Tychemed, HARD Manufacturing Company, Inc., Sigma-Care Development Co., Ltd., PARAMOUNT BED CO., LTD., Stiegelmeyer GmbH & Co. KG, Saikang Medical, Guangdong Pigeon Medical Apparatus Co., Ltd., Savion Industries, Nitrocare, MESPA, Hebei Jiede Medical Equipment Co., Ltd., Zhangjiagang Medi Medical Equipment Co., ltd., BiHealthcare (Zhangjiagang Braun Industry Co., Ltd.), Schröder Health Projects, Linet, Invacare Corporation, Medline Industries Inc., and Stryker Corporation.

A medical bed is a bed that has been specifically designed for hospitalized patients or other people who require care. These beds have unique features that benefit both the patient's comfort and the convenience of caregivers.

Pediatric patients require products that are appropriate for their size and level of comfort. Pediatric beds are intended for infants, toddlers, and young children who are patients in hospitals and homecare centers.

Pediatric beds and their features keep infants, toddlers, and young children from climbing over side rails, falling through openings, or becoming trapped in a way that protects them from harm while also allowing the caregiver access during treatment.

All pediatric beds are designed to make the hospital environment comfortable for both the child and the nurse. Unique features of medical bed provide excellent combination of functionality, ergonomy and safety and simplify daily work of hospital staff and increase patient outcomes.

Global medical pediatric bed market is estimated to be valued at US$ 10,560.0 Mn in 2022 and is expected to reach US$ 17,433.39 Mn by 2030 exhibiting a CAGR of 6.5% during the forecast period (2022-2030).

Market Dynamics

Increasing incidence of preterm birth admissions, rising incidence of preterm births and corresponding efforts to increase their survival rates boosting demand for pediatric beds and increasing adoption of inorganic growth strategies such as mergers, acquisitions, partnerships, and collaborations by key players operating in market are the major factors that are expected to drive growth of the global medical pediatric bed market.

Increasing incidence of preterm birth admissions is expected to drive the market over the forecast period

For instance, according to data published in the journal Research Square, a study was conducted in Uganda from 2015 to 2019 to estimate the annual incidence of preterm birth admissions in February 2022.

According to the study, the national annual incidence, in Uganda of preterm birth admissions/1,000 LB had increased significantly from 3 in 2015 to 14 in 2019. The annual incidence of preterm birth admissions/1,000 LB increased significantly in three Ugandan regions (Central Region, Western Region and Northern Region)

Key features of the study:

  • This report provides in-depth analysis of the global medical pediatric bed market, and provides market size (US$ Mn) 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 drug launches or approval, market trends, regional outlook, and competitive strategies adopted by key players
  • It profiles key players in the global medical pediatric bed market based on the following parameters – company overview, financial performance, drugs portfolio, market presence, distribution strategies, key developments, strategies, and future plans
  • Key companies covered as a part of this study include Meditek Engineers, Tychemed, HARD Manufacturing Company, Inc., Sigma-Care Development Co., Ltd., PARAMOUNT BED CO., LTD., Stiegelmeyer GmbH & Co. KG, Saikang Medical, Guangdong Pigeon Medical Apparatus Co., Ltd. , Savion Industries, Nitrocare, MESPA, Hebei Jiede Medical Equipment Co., Ltd., Zhangjiagang Medi Medical Equipment Co., ltd., BiHealthcare (Zhangjiagang Braun Industry Co., Ltd.), Schröder Health Projects, Linet, Invacare Corporation, Medline Industries Inc., and Stryker Corporation
  • Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future drug launches, drug class up-gradation, market expansion, and marketing tactics
  • The global medical pediatric bed market report caters to various stakeholders in this industry including investors, suppliers, drugs manufacturers, distributors, new entrants, and financial analysts
  • Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global medical pediatric bed market

Detailed Segmentation:

  • Global Medical Pediatric Bed Market, By Type:
    • Electric
    • Manual
  • Global Medical Pediatric Bed Market, By Features:
    • Height Adjustable
    • Fixed Height
    • Trendelenburg
  • Global Medical Pediatric Bed Market, By End User:
    • Hospitals
    • Nursing Home
    • Homecare
  • Global Medical Pediatric Bed Market, By Region:
    • North America
      • By Country:
        • U.S.
        • Canada
    • Latin America
      • By Country:
        • Brazil
        • Mexico
        • Argentina
        • Rest of Latin America
    • Europe
      • By Country:
        • Germany
        • U.K.
        • France 
        • Italy
        • Spain
        • Russia
        • Rest of Europe
    • Asia Pacific
      • By Country:
        • China
        • India
        • Japan
        • Australia
        • South Korea
        • ASEAN
        • Rest of Asia Pacific
    • Middle East
      • By Country:
        • GCC
        • Israel
        • Rest of Middle East
    • Africa
      • By Country:
        • South Africa
        • Central Africa
        • North Africa
  • Company Profiles
    • Meditek Engineers *
      • Company Overview
      • Product Portfolio
      • Key Developments
      • Financial Performance
      • Strategies
    • Tychemed
    • HARD Manufacturing Company, Inc.
    • Sigma-Care Development Co., Ltd.
    • PARAMOUNT BED CO., LTD.
    • Stiegelmeyer GmbH & Co. KG
    • Saikang Medical
    • Guangdong Pigeon Medical Apparatus Co., Ltd.
    • Savion Industries
    • Nitrocare
    • MESPA
    • Hebei Jiede Medical Equipment Co., Ltd.
    • Zhangjiagang Medi Medical Equipment Co., ltd.
    • BiHealthcare (Zhangjiagang Braun Industry Co., Ltd.)
    • Schröder Health Projects
    • Linet
    • Invacare Corporation
    • Medline Industries Inc.
    • Stryker Corporation

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

Frequently Asked Questions

The global medical pediatric bed market size is expected to be valued at US$ 10,560.0 Million in 2022 and is expected to exhibit a CAGR of 6.5% between 2022 and 2030.
Increasing incidence of preterm birth admissions and rising incidence of preterm births are driving the market growth.
Electric segment is expected to hold major market share over the forecast period. Electric segment is estimated to account for 5.6% market share in 2022.
Height Adjustable segment is expected to hold the largest market share over the forecast period, owing to increasing product approvals and launches during the forecast period.
North America is expected to generate highest market share in the market during the forecast period.
Major factors hampering growth of the market include increasing product recalls by regulatory authorities.

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