Market Overview:
The global electric hospital beds market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing prevalence of chronic diseases, rising geriatric population, and growing demand for home healthcare services. In addition, technological advancements in electric hospital beds are also contributing to the growth of this market. On the basis of type, the global electric hospital beds market is segmented into semi-electric beds and full electric beds. The full electric bed segment is expected to grow at a higher CAGR than the semi-electric bed segment during the forecast period from 2018 to 2030. This can be attributed to factors such as technological advancements in full electric hospital beds and their growing popularity among end users such as hospitals and long-term care facilities.
Product Definition:
An electric hospital bed is a bed that has an electric motor to adjust the height and angle of the head and foot sections.
Semi-Electric Beds:
Semi-electric beds are also known as electric hospital beds. They are more comfortable and flexible than standard hospital beds. The most important factor that differentiates them from standard hospital beds is the way they are powered; by batteries instead of AC power supply like in case of a normal bed.
These types of bedding sets have gained popularity among long term care patients, nursing staff,.
Full Electric Beds:
Full electric beds are also known as battery-powered beds. They are designed to provide independent mobility in patients suffering from illnesses or injuries that require long-term care. These include hospital, nursing home, and other residential care facilities for the physically disabled and bedridden patients. Full electric bed is equipped with a mechanism that enables raising and lowering of the head, shoulders, arms or legs using a remote control device similar to an RC car's steering wheel.
Application Insights:
The hospitals application segment dominated the global electric hospital beds market in 2017. This is attributed to the growing prevalence of chronic diseases, especially cardiac and respiratory disorders that require a higher level of medical care. As per WHO, in 2016, around 1 billion people suffer from cardiovascular diseases globally; out of which half die due to them. Similarly, around 300 million people die due to respiratory disorders every year globally. Thus, an increase in the number of patients suffering from these conditions will boost product demand at a significant rate over the forecast period.
Regional Analysis:
North America dominated the global market in 2017. The presence of well-developed healthcare infrastructure, high adoption rate of advanced technologies, and increasing demand for efficient healthcare services are some factors driving the growth. Moreover, supportive government initiatives to encourage hospitals to adopt electric beds is expected to propel industry expansion over the forecast period.
Asia Pacific is anticipated to witness lucrative growth during the forecast period owing to rising medical tourism and improving healthcare infrastructure in emerging countries such as China and India. In addition, increasing number of patients suffering from chronic diseases requiring long-term treatment will drive product demand during the estimated time span. Europe also held a significant share in terms of revenue due to growing awareness about patient safety coupled with favorable government regulations regarding hospital equipment standards & compliance pertaining bed use at hospitals/residential care facilities/ambulatory surgical centers etc.
Growth Factors:
- Increasing geriatric population: The global geriatric population is expected to grow at a CAGR of 6.5% from 2016 to 2020, owing to the increase in life expectancy and the growth in the number of people aged 65 years and above. This will result in an increase in demand for electric hospital beds, as they are more suitable for elderly patients than manual hospital beds.
- Rising prevalence of chronic diseases: The prevalence of chronic diseases such as cancer, heart disease, and diabetes is increasing globally due to changing lifestyles and aging populations. This is leading to an increase in demand for healthcare services and electric hospital beds.
- Technological advancements: Electric hospital beds are becoming increasingly sophisticated with features such as adjustable height, tilt-in-space functionality, built-in scales etc., which are helping hospitals improve patient care outcomes while reducing costs simultaneously .This is driving the growth of the electric hospital bed market worldwide .
Scope Of The Report
Report Attributes
Report Details
Report Title
Electric Hospital Beds Market Research Report
By Type
Semi-Electric Beds, Full Electric Beds
By Application
Hospitals, Long-term Care Facilities, Elderly Care Facilities, Ambulatory Surgical Centers, Home Use
By Companies
Paramount Bed, Hill-Rom, Stryker, Linet Group, Stiegelmeyer, Joerns Healthcare, ArjoHuntleigh, Pardo, Merivaara, Med-Mizer, Invacare, Gendron, Volker Hospital Beds, Chengdu Haohan Medical Equipment
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
235
Number of Tables & Figures
165
Customization Available
Yes, the report can be customized as per your need.
Global Electric Hospital Beds Market Report Segments:
The global Electric Hospital Beds market is segmented on the basis of:
Types
Semi-Electric Beds, Full Electric Beds
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Hospitals, Long-term Care Facilities, Elderly Care Facilities, Ambulatory Surgical Centers, Home Use
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Paramount Bed
- Hill-Rom
- Stryker
- Linet Group
- Stiegelmeyer
- Joerns Healthcare
- ArjoHuntleigh
- Pardo
- Merivaara
- Med-Mizer
- Invacare
- Gendron
- Volker Hospital Beds
- Chengdu Haohan Medical Equipment
Highlights of The Electric Hospital Beds Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Semi-Electric Beds
- Full Electric Beds
- By Application:
- Hospitals
- Long-term Care Facilities
- Elderly Care Facilities
- Ambulatory Surgical Centers
- Home Use
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Electric Hospital Beds Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Electric hospital beds are a type of bed that uses electricity to power the mattress and other devices. This type of bed is often used in hospitals because it is more comfortable than traditional beds and it doesn't require any special equipment or installation.
Some of the key players operating in the electric hospital beds market are Paramount Bed, Hill-Rom, Stryker, Linet Group, Stiegelmeyer, Joerns Healthcare, ArjoHuntleigh, Pardo, Merivaara, Med-Mizer, Invacare, Gendron, Volker Hospital Beds, Chengdu Haohan Medical Equipment.
The electric hospital beds market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Electric Hospital Beds Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Electric Hospital Beds Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Electric Hospital Beds Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Electric Hospital Beds Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Electric Hospital Beds Market Size & Forecast, 2018-2028
4.5.1 Electric Hospital Beds Market Size and Y-o-Y Growth
4.5.2 Electric Hospital Beds Market Absolute $ Opportunity
Chapter 5 Global Electric Hospital Beds Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Electric Hospital Beds Market Size Forecast by Type
5.2.1 Semi-Electric Beds
5.2.2 Full Electric Beds
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Electric Hospital Beds Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Electric Hospital Beds Market Size Forecast by Applications
6.2.1 Hospitals
6.2.2 Long-term Care Facilities
6.2.3 Elderly Care Facilities
6.2.4 Ambulatory Surgical Centers
6.2.5 Home Use
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Electric Hospital Beds Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Electric Hospital Beds Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Electric Hospital Beds Analysis and Forecast
9.1 Introduction
9.2 North America Electric Hospital Beds Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Electric Hospital Beds Market Size Forecast by Type
9.6.1 Semi-Electric Beds
9.6.2 Full Electric Beds
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Electric Hospital Beds Market Size Forecast by Applications
9.10.1 Hospitals
9.10.2 Long-term Care Facilities
9.10.3 Elderly Care Facilities
9.10.4 Ambulatory Surgical Centers
9.10.5 Home Use
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Electric Hospital Beds Analysis and Forecast
10.1 Introduction
10.2 Europe Electric Hospital Beds Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Electric Hospital Beds Market Size Forecast by Type
10.6.1 Semi-Electric Beds
10.6.2 Full Electric Beds
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Electric Hospital Beds Market Size Forecast by Applications
10.10.1 Hospitals
10.10.2 Long-term Care Facilities
10.10.3 Elderly Care Facilities
10.10.4 Ambulatory Surgical Centers
10.10.5 Home Use
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Electric Hospital Beds Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Electric Hospital Beds Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Electric Hospital Beds Market Size Forecast by Type
11.6.1 Semi-Electric Beds
11.6.2 Full Electric Beds
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Electric Hospital Beds Market Size Forecast by Applications
11.10.1 Hospitals
11.10.2 Long-term Care Facilities
11.10.3 Elderly Care Facilities
11.10.4 Ambulatory Surgical Centers
11.10.5 Home Use
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Electric Hospital Beds Analysis and Forecast
12.1 Introduction
12.2 Latin America Electric Hospital Beds Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Electric Hospital Beds Market Size Forecast by Type
12.6.1 Semi-Electric Beds
12.6.2 Full Electric Beds
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Electric Hospital Beds Market Size Forecast by Applications
12.10.1 Hospitals
12.10.2 Long-term Care Facilities
12.10.3 Elderly Care Facilities
12.10.4 Ambulatory Surgical Centers
12.10.5 Home Use
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Electric Hospital Beds Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Electric Hospital Beds Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Electric Hospital Beds Market Size Forecast by Type
13.6.1 Semi-Electric Beds
13.6.2 Full Electric Beds
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Electric Hospital Beds Market Size Forecast by Applications
13.10.1 Hospitals
13.10.2 Long-term Care Facilities
13.10.3 Elderly Care Facilities
13.10.4 Ambulatory Surgical Centers
13.10.5 Home Use
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Electric Hospital Beds Market: Competitive Dashboard
14.2 Global Electric Hospital Beds Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Paramount Bed
14.3.2 Hill-Rom
14.3.3 Stryker
14.3.4 Linet Group
14.3.5 Stiegelmeyer
14.3.6 Joerns Healthcare
14.3.7 ArjoHuntleigh
14.3.8 Pardo
14.3.9 Merivaara
14.3.10 Med-Mizer
14.3.11 Invacare
14.3.12 Gendron
14.3.13 Volker Hospital Beds
14.3.14 Chengdu Haohan Medical Equipment
