Market Overview:
The global full electric medical 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 geriatric population, rising prevalence of chronic diseases, and growing demand for home healthcare services. In addition, technological advancements in medical beds are also contributing to the growth of this market. Based on type, the global full electric medical beds market is segmented into electric medical beds and manual medical beds. The electric medical bed segment is expected to grow at a higher CAGR than the manual bed segment during the forecast period from 2018 to 2030. This can be attributed to factors such as technological advancements in electrical bed frames and motors that have led to enhanced comfort levels for patients, as well as increased efficiency and reliability of these products. Based on application, the global full electric medial beds market is divided into nursing homes, homecare settings (including hospitals), and other applications (such as military hospitals). The nursing homes segment accounted for majority share of this market in 2017 and is projected witness highest growth rate during forecast period owing rising geriatric population across globe coupled with increase number long-term care facilities worldwide .
Product Definition:
A full electric medical bed is a type of hospital bed that can be raised and lowered to different positions, as well as reclined. This allows the patient to be more comfortable and also makes it easier for caregivers to attend to them. Full electric medical beds are important because they provide a greater level of comfort and convenience for patients, which can help improve their overall healing process.
Electric Medical Beds:
Electric medical beds are used in hospitals, clinics, and other healthcare facilities for treating patients. These beds are also used by nursing homes to provide treatment to the geriatric population as well as by rehabilitation centers for providing therapy to physically disabled patients.
Manual Medical Beds:
Manual medical beds are also known as manual therapy beds. These equipment are used to provide therapeutic treatments using manual methods of delivering energy, such as the use of massage and pressure point techniques. Manual medical beds can be single or double reclining, depending on the model.
These equipment have a wide range of applications including treatment for back pain, arthritis pain, sports injuries & other soft tissue injuries along with providing relief from anxiety and stress related disorders among others.
Application Insights:
The other application segment includes commercial and non-clinical facilities. In clinical facilities, full electric medical beds are used for diagnostics, imaging, therapeutic procedures and surgeries. These devices help in reducing the fatigue of the patients as well as allow easy access to patients¢â‚¬â„¢ sides while sleeping or lying down. The aforementioned factors are expected to increase the adoption of these devices in clinical settings over the forecast period.
In terms of revenue, homecare dominated the global market with a share of 33% in 2017 owing to an increasing number of geriatric population across developed countries that require assistance for daily activities resulting in increased demand for full electric medical beds at home care settings.
Regional Analysis:
North America dominated the global market in 2017. The presence of a large number of private and public hospitals, favorable reimbursement policies, and increasing healthcare expenditure are some factors driving the regional demand. Europe is expected to be one of the significant contributors to growth owing to its well-established healthcare sector coupled with supportive government initiatives for promoting quality medical devices.
Asia Pacific is anticipated to witness lucrative growth over the forecast period owing to improving economic conditions in emerging countries such as India and China along with growing awareness about advanced technologies such as home health care equipment. Moreover, an increase in geriatric population will boost product demand due to various chronic diseases prevalent among them that require assistance from professionals at home or hospital settings thereby boosting revenue generation prospects for global full electric medical beds market players operating within this region.
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 full electric medical beds, as they are more comfortable for elderly patients than traditional hospital beds.
- Rising prevalence of chronic diseases: The prevalence of chronic diseases such as heart disease, stroke, cancer, and diabetes is increasing globally due to changing lifestyles and aging populations. This is leading to an increased demand for full electric medical beds that can provide better comfort and support for patients with chronic illnesses.
- Technological advancements: Full electric medical beds are becoming increasingly sophisticated with features such as adjustable bed height, integrated scales, pressure mapping systems, built-in entertainment systems etc., which are helping hospitals improve patient care outcomes while reducing costs simultaneously. This is driving the growth of the full electric medical bed market worldwide.
Scope Of The Report
Report Attributes
Report Details
Report Title
Full Electric Medical Beds Market Research Report
By Type
Electric Medical Beds, Manual Medical Beds
By Application
Nursing Home, Homecare, Other
By Companies
Hill-Rom, Stryker, Paramount Bed, Linet Group, ArjoHuntleigh, Invacare Corporation, Hopefull Medical Equipment, Stiegelmeyer, Joerns Healthcare, Pukang Medical instruments, Malvestio, Völker GmbH, Pardo, Maidesite, Drive Medical, Kangshen Medical Technology, KC-Harvest Medical Equipment, Haelvoet, Yongfa Medical Equipment, Combed Bed
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
183
Number of Tables & Figures
129
Customization Available
Yes, the report can be customized as per your need.
Global Full Electric Medical Beds Market Report Segments:
The global Full Electric Medical Beds market is segmented on the basis of:
Types
Electric Medical Beds, Manual Medical 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
Nursing Home, Homecare, Other
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:
- Hill-Rom
- Stryker
- Paramount Bed
- Linet Group
- ArjoHuntleigh
- Invacare Corporation
- Hopefull Medical Equipment
- Stiegelmeyer
- Joerns Healthcare
- Pukang Medical instruments
- Malvestio
- Völker GmbH
- Pardo
- Maidesite
- Drive Medical
- Kangshen Medical Technology
- KC-Harvest Medical Equipment
- Haelvoet
- Yongfa Medical Equipment
- Combed Bed
Highlights of The Full Electric Medical 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:
- Electric Medical Beds
- Manual Medical Beds
- By Application:
- Nursing Home
- Homecare
- Other
- 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 Full Electric Medical 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.
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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?
Full electric medical beds are beds that use electricity to power the motors that move the bed. This type of bed is often used in hospitals and other healthcare facilities.
Some of the major players in the full electric medical beds market are Hill-Rom, Stryker, Paramount Bed, Linet Group, ArjoHuntleigh, Invacare Corporation, Hopefull Medical Equipment, Stiegelmeyer, Joerns Healthcare, Pukang Medical instruments, Malvestio, V¶lker GmbH, Pardo, Maidesite, Drive Medical, Kangshen Medical Technology, KC-Harvest Medical Equipment, Haelvoet, Yongfa Medical Equipment, Combed Bed.
The full electric medical 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 Full Electric Medical 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 Full Electric Medical Beds Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Full Electric Medical 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 Full Electric Medical 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 Full Electric Medical Beds Market Size & Forecast, 2020-2028 4.5.1 Full Electric Medical Beds Market Size and Y-o-Y Growth 4.5.2 Full Electric Medical Beds Market Absolute $ Opportunity
Chapter 5 Global 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 Market Size Forecast by Type
5.2.1 Electric Medical Beds
5.2.2 Manual Medical Beds
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global 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 Market Size Forecast by Applications
6.2.1 Nursing Home
6.2.2 Homecare
6.2.3 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Full Electric Medical 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 Full Electric Medical 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 Analysis and Forecast
9.1 Introduction
9.2 North America 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 Market Size Forecast by Type
9.6.1 Electric Medical Beds
9.6.2 Manual Medical 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 Market Size Forecast by Applications
9.10.1 Nursing Home
9.10.2 Homecare
9.10.3 Other
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 Analysis and Forecast
10.1 Introduction
10.2 Europe 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 Market Size Forecast by Type
10.6.1 Electric Medical Beds
10.6.2 Manual Medical 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 Market Size Forecast by Applications
10.10.1 Nursing Home
10.10.2 Homecare
10.10.3 Other
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 Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific 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 Market Size Forecast by Type
11.6.1 Electric Medical Beds
11.6.2 Manual Medical 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 Market Size Forecast by Applications
11.10.1 Nursing Home
11.10.2 Homecare
11.10.3 Other
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 Analysis and Forecast
12.1 Introduction
12.2 Latin America 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 Market Size Forecast by Type
12.6.1 Electric Medical Beds
12.6.2 Manual Medical 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 Market Size Forecast by Applications
12.10.1 Nursing Home
12.10.2 Homecare
12.10.3 Other
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) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) 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) Market Size Forecast by Type
13.6.1 Electric Medical Beds
13.6.2 Manual Medical 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) Market Size Forecast by Applications
13.10.1 Nursing Home
13.10.2 Homecare
13.10.3 Other
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 Full Electric Medical Beds Market: Competitive Dashboard
14.2 Global Full Electric Medical Beds Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Hill-Rom
14.3.2 Stryker
14.3.3 Paramount Bed
14.3.4 Linet Group
14.3.5 ArjoHuntleigh
14.3.6 Invacare Corporation
14.3.7 Hopefull Medical Equipment
14.3.8 Stiegelmeyer
14.3.9 Joerns Healthcare
14.3.10 Pukang Medical instruments
14.3.11 Malvestio
14.3.12 Völker GmbH
14.3.13 Pardo
14.3.14 Maidesite
14.3.15 Drive Medical
14.3.16 Kangshen Medical Technology
14.3.17 KC-Harvest Medical Equipment
14.3.18 Haelvoet
14.3.19 Yongfa Medical Equipment
14.3.20 Combed Bed