Market Overview:
The global homecare 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 homecare beds from hospitals and clinics. Based on type, the global homecare beds market is segmented into manual homecare beds and electric homecare beds. The electric homecare bed segment is expected to grow at a higher CAGR than the manual homecare bed segment during the forecast period. This can be attributed to the increasing demand for electric-powered hospital beds due to their ease of use and low maintenance cost as compared with manual hospital beds. Based on application, the global HomeCare Beds Market is divided into three segments: hospitals, clinics, and homes. Among these segments, hospitals are expected to account for a larger share of this market in 2018 owing to rising number of patients suffering from chronic diseases that require long-term care or postoperative care in hospitals.
Product Definition:
A homecare bed is a bed that is specifically designed for use in the home. Homecare beds are often wider and longer than traditional beds, making them more comfortable for those who require assistance with activities of daily living. They may also feature built-in safety features such as rails to prevent falls. Homecare beds are an important tool for those who need assistance with activities of daily living, as they allow them to remain in their homes rather than requiring institutional care.
Manual Homecare Beds:
Manual homecare beds are used in the care of patients who need assistance with transfers, bathing, positioning and other basic care activities. These beds have a low profile and are designed to fit easily into small homes or any sized bathroom. The manual homecare bed is also known as wheelchair-sized hospital bed that can be used in a bathroom or even on the floor.
The global manual homecare beds market size was valued at USD 648 million in 2016.
Electric Homecare Beds:
Electric homecare beds are used in home care for the physically disabled and bedridden patients. These electric beds have controls that can be operated with just one hand which makes it easier for the patient to operate. The other features of these electric beds include; they have extra wide seats, they come with adjustable headrests, footboards and there is also a built-in vibrating motor which helps in providing relaxation as well as offers therapeutic benefits.
Application Insights:
The market is segmented based on application into hospital, clinic and home. The hospital segment dominated the global market in 2017 owing to increasing geriatric population, which requires constant monitoring and assistance at a time of emergencies or medical complications. Rising awareness about better care management is also expected to boost the growth of this segment over the forecast period.
The clinic application was estimated as largest revenue-generating segment in 2017 due to rising demand for skilled professional services for physical therapy, occupational therapy and speech pathology among others by way of regular checkups or visits by healthcare providers. Increasing number of chronic diseases such as cardiovascular diseases, respiratory disorders and diabetes among others are further anticipated to drive demand for these beds over the forecast period.
Regional Analysis:
North America dominated the global homecare beds market in 2017. The presence of favorable reimbursement policies, increasing geriatric population, and growing awareness about advanced technologies are some of the factors contributing to its growth. Europe is expected to be the second-largest market for homecare beds due to an increase in hospital readmissions and a rise in chronic diseases among patients.
The key players operating in this region include Medline Industries Pte Ltd., Stryker Corporation; Zimmer Biomet Holdings Inc.; American Medical Systems; Skytron International BV; Carestream Health; McKesson Medical-Surgical Inc.; Intuitive Surgical Canada Inc.; Koninklijke Philips N.V.; Medtronic plc.
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 homecare beds, as more elderly people will require assistance for activities of daily living (ADLs).
- Rising prevalence of chronic diseases: The prevalence of chronic diseases such as cancer, heart disease, stroke, and diabetes is increasing globally due to changing lifestyles and aging populations. This is leading to an increased need for homecare beds among patients with chronic illnesses who require long-term care.
- Technological advancements: Homecare bed manufacturers are introducing new technologies such as motorized adjustable beds and pressure-relieving mattresses that improve patient comfort and safety. These advancements are likely to boost demand for homecare beds in the coming years.
Scope Of The Report
Report Attributes
Report Details
Report Title
Homecare Beds Market Research Report
By Type
Manual Homecare Beds, Electric Homecare Beds
By Application
Hospital, Clinic, Home
By Companies
Paramount Bed, Hill-Rom, Stryker, Linet Group, Stiegelmeyer, Guldmann, ArjoHuntleigh, France Bed, BaKare, Gendron, Paramount Bed, Merivaara, Med-Mizer, Bazhou Greatwall, SjzManyou
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
125
Number of Tables & Figures
88
Customization Available
Yes, the report can be customized as per your need.
Global Homecare Beds Market Report Segments:
The global Homecare Beds market is segmented on the basis of:
Types
Manual Homecare Beds, Electric Homecare 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
Hospital, Clinic, Home
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
- Guldmann
- ArjoHuntleigh
- France Bed
- BaKare
- Gendron
- Paramount Bed
- Merivaara
- Med-Mizer
- Bazhou Greatwall
- SjzManyou
Highlights of The Homecare 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:
- Manual Homecare Beds
- Electric Homecare Beds
- By Application:
- Hospital
- Clinic
- Home
- 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 Homecare 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?
Homecare beds are beds that are specifically designed for people who need assistance with activities of daily living. These beds can help people with disabilities stay in their own homes and live as independently as possible.
Some of the key players operating in the homecare beds market are Paramount Bed, Hill-Rom, Stryker, Linet Group, Stiegelmeyer, Guldmann, ArjoHuntleigh, France Bed, BaKare, Gendron, Paramount Bed, Merivaara, Med-Mizer, Bazhou Greatwall, SjzManyou.
The homecare beds market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Homecare 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 Homecare Beds Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Homecare 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 Homecare 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 Homecare Beds Market Size & Forecast, 2020-2028
4.5.1 Homecare Beds Market Size and Y-o-Y Growth
4.5.2 Homecare 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 Manual Homecare Beds
5.2.2 Electric Homecare 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 Hospital
6.2.2 Clinic
6.2.3 Home
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Homecare 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 Homecare 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 Manual Homecare Beds
9.6.2 Electric Homecare 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 Hospital
9.10.2 Clinic
9.10.3 Home
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 Manual Homecare Beds
10.6.2 Electric Homecare 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 Hospital
10.10.2 Clinic
10.10.3 Home
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 Manual Homecare Beds
11.6.2 Electric Homecare 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 Hospital
11.10.2 Clinic
11.10.3 Home
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 Manual Homecare Beds
12.6.2 Electric Homecare 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 Hospital
12.10.2 Clinic
12.10.3 Home
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 Manual Homecare Beds
13.6.2 Electric Homecare 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 Hospital
13.10.2 Clinic
13.10.3 Home
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 Homecare Beds Market: Competitive Dashboard
14.2 Global Homecare 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 Guldmann
14.3.7 ArjoHuntleigh
14.3.8 France Bed
14.3.9 BaKare
14.3.10 Gendron
14.3.11 Paramount Bed
14.3.12 Merivaara
14.3.13 Med-Mizer
14.3.14 Bazhou Greatwall
14.3.15 SjzManyou
