How large is the medical bed market, and what is its growth trajectory?
The medical bed market size has grown strongly in recent years. It will grow from $4.11 billion in 2024 to $4.42 billion in 2025 at a compound annual growth rate (CAGR) of 7.5%. The growth in the historic period can be attributed to growing aging population, prevalence of chronic diseases, advancements in healthcare infrastructure, rising healthcare expenditure, bariatric patient care needs.
The medical bed market size is expected to see strong growth in the next few years. It will grow to $5.84 billion in 2029 at a compound annual growth rate (CAGR) of 7.2%. The growth in the forecast period can be attributed to focus on patient safety and comfort, global pandemic preparedness, increasing surgical procedures, demographic shifts, rising incidence of lifestyle-related diseases. Major trends in the forecast period include technological advancements, medical tourism, regulatory standards and compliance, innovations in materials, telemedicine adoption, holistic patient care approach.
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What key drivers have fueled the medical bed market’s development over the years?
The rise in hospital admissions due to chronic diseases is expected to propel the growth of the medical bed market going forward. Various factors influence hospital admissions, including individual health, socio-economic factors, healthcare infrastructure, and public health measures. Medical beds are crucial in providing care and support to patients during hospital admissions. These beds enhance patient comfort, safety, and medical management. For instance, in 2023, according to NHS Digital, a UK-based public body, the number of Finished Admission Episodes (FAEs) in England reached 17.6 million, representing a 7.1% increase over 2022-23. Additionally, in April 2024, according to Allergy UK, a UK-based national charity, more than 21 million people in the UK are affected by allergies, which became the most commonly reported chronic health condition in 2022, and projections indicate that by 2026, half of Europe’s population will experience at least one allergy. Therefore, the rise in hospital admissions due to chronic diseases is driving the growth of the medical bed market.
What is the segmentation for the medical bed market?
The medical bed market covered in this report is segmented –
1) By Type: Electric Medical Beds, Semi Electric Medical Beds, Manual Medical Beds
2) By Usage: Intensive Care, Non-intensive Care
3) By End-User: Hospitals, Home Care Settings, Rehabilitation Centers, Other End-Users
Subsegments:
1) By Electric Medical Beds: Full Electric Beds, Adjustable Electric Beds
2) By Semi Electric Medical Beds: Adjustable Head And Foot Sections, Manual Adjustment Options
3) By Manual Medical Beds: Fixed Manual Beds, Basic Adjustable Manual Beds
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Who are the most influential companies in the medical bed market?
Major companies operating in the medical bed market report are Mediline Industries Inc., Stryker Corporation, Getinge AB, Arjo., Paramount Bed Holdings Co., Invacare Corporation, Linet spol. s r.o., Favero Health Projects SpA, Joerns Healthcare LLC, Stiegelmeyer GmbH & Co. KG, Amico Group of Companies., GF Health Products Inc., Umano Medical Inc., Merivaara, Malvestio SpA, Zhangjiagang Medi Medical Equipment, Gendron Inc., American Medical Equipment., Antano Group srl, Besco Medical, Medical Depot Inc., Mobility Aids Sales and Services, ProBed Medical Technologies, Transfer Master Products Inc., Anyang Top Medical Devices Co. Ltd.
What are the top industry trends projected to impact the medical bed market?
Major companies operating in the medical bed market are developing innovative products, such as smart connected beds, to serve patients better. Smart connected beds integrate advanced technologies such as AI-powered sensors to monitor patient health, improve care efficiency, and enhance patient safety. Companies in the medical bed market are continuously innovating to meet the increasing demand for efficient healthcare solutions. For instance, in August 2022, Dozee, an India-based connected health device maker, in partnership with Midmark India, an India-based hospital bed manufacturer, launched Dozee Smart Connected Bed. The bed is equipped with Dozee’s AI-powered contactless sensor, which monitors vital parameters such as heart rate, respiratory rate, temperature, and oxygen saturation, providing an early warning system for timely intervention. The smart bed can be integrated with a hospital’s central command center and HMIS, improving patient care .
What are the major regional insights for the medical bed market, and which region holds the top position?
North America was the largest region in the medical bed market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the medical bed market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
What Does The Medical Bed Market Report 2025 Offer?
The medical bed market research report from The Business Research Company offers global market size, growth rate, regional shares, competitor analysis, detailed segments, trends, and opportunities.
A medical bed is a specialized piece of furniture designed for patients in healthcare settings. These beds are specifically engineered to provide comfort, support, and safety for individuals receiving medical care, whether in hospitals, clinics, or at home. Medical beds are equipped with various features and functionalities to address the specific needs of patients and healthcare providers.
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