Market Overview:
The global hospital bed elevator market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market is segmented on the basis of type, application and region. On the basis of type, the market is segmented into rated load 1600 kg, rated load 2000 kg and rated load 2500 kg. Rated load 1600 kg dominates the global hospital bed elevator market with a share of more than 50%. Rated load 2000 kg and 2500 kg are expected to grow at a higher CAGR during the forecast period from 2018 to 2030 owing to increasing demand for advanced equipment in hospitals across different regions. On the basis of application, hospitals dominate the global hospital bed elevator market with a share of more than 60%.
Product Definition:
A hospital bed elevator is a small, specialized elevator used to transport patients in a hospital bed between different floors. The importance of hospital bed elevators is that they allow patients who are unable to walk or use stairs to move easily between floors. This is important for both the patient's comfort and for the efficient functioning of the hospital.
Rated Load 1600KG:
The global hospital bed elevator market size was valued at USD 1.6 billion in 2015 and is expected to grow at a CAGR of XX% over the forecast period. The increasing demand for elevators in hospitals, coupled with the rising number of patient admissions, has led to an increase in the usage of hospital bed elevators worldwide.
Rated Load 2000KG:
The Rated load is the maximum weight which can be lifted by a single channel of elevator and it's used to calculate the safe lifting capacity of an elevator in order to avoid any type of accidents.
Rated load 2000 kg is used in hospital bed elevators for patient transfer purposes. The average weight lift for transferring patients from floor to floor ranges between 500-2,000 pounds depending on the size and strength of patient.
Application Insights:
Based on application, the global hospital bed elevator market has been segmented into hospital, specialty clinics and other. The specialty clinic segment is anticipated to witness a CAGR of XX% over the forecast period owing to an increase in patient admissions at hospitals and medical centers for various diseases requiring bed-based care such as cardiovascular disease, respiratory diseases and cancer treatment facilities.
The increasing prevalence of chronic conditions such as heart disease, high blood pressure levels & diabetes mellitus across all age groups is expected to contribute significantly towards revenue growth during the forecast period. In addition, factors including rapid urbanization along with rising healthcare expenditure are anticipated to boost demand for specialized clinics over the next few years which in turn will fuel demand for hospital bed elevators at these facilities.
Regional Analysis:
North America dominated the global hospital bed elevator market in 2017. This can be attributed to factors such as increasing number of hospitals, rising geriatric population, and growing healthcare expenditure. Moreover, supportive government initiatives are also expected to drive the regional growth over the forecast period. For instance, The Affordable Healthcare Act (2010) mandated that every hospital has a minimum of one accessible entrance for people with disabilities which is anticipated to increase demand for these lifts in future years.
Asia Pacific is expected to witness lucrative CAGR over the forecast period owing to untapped opportunities and rapidly improving healthcare infrastructure in emerging countries like China.
Growth Factors:
- Increasing demand for hospital bed elevators due to the rise in the number of hospitals and healthcare facilities across the globe.
- Growing geriatric population, who are more susceptible to injuries and require assistance in moving around, is driving the demand for hospital bed elevators.
- Technological advancements in hospital bed elevator design and features that offer enhanced safety and comfort are resulting in their increasing adoption by hospitals worldwide.
- Rising awareness about the benefits of using hospital bed elevators among healthcare professionals is propelling their demand across different regions globally.
Scope Of The Report
Report Attributes
Report Details
Report Title
Hospital Bed Elevator Market Research Report
By Type
Rated Load 1600KG, Rated Load 2000KG, Rated Load 2500KG, Other
By Application
Hospital, Specialist Clinic, Other
By Companies
Schindler, Mitsubishi Electric, KONE, SIGMA, OTIS
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
171
Number of Tables & Figures
120
Customization Available
Yes, the report can be customized as per your need.
Global Hospital Bed Elevator Market Report Segments:
The global Hospital Bed Elevator market is segmented on the basis of:
Types
Rated Load 1600KG, Rated Load 2000KG, Rated Load 2500KG, Other
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, Specialist Clinic, 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:
- Schindler
- Mitsubishi Electric
- KONE
- SIGMA
- OTIS
Highlights of The Hospital Bed Elevator 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:
- Rated Load 1600KG
- Rated Load 2000KG
- Rated Load 2500KG
- Other
- By Application:
- Hospital
- Specialist Clinic
- 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 Hospital Bed Elevator 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
- Market Entry Strategies
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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?
A hospital bed elevator is a device that moves patients from their beds to the ground or another level. It can help reduce the risk of injuries, and it can also speed up the process of getting patients discharged.
Some of the key players operating in the hospital bed elevator market are Schindler, Mitsubishi Electric, KONE, SIGMA, OTIS.
The hospital bed elevator 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 Hospital Bed Elevator 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 Hospital Bed Elevator Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Hospital Bed Elevator 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 Hospital Bed Elevator 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 Hospital Bed Elevator Market Size & Forecast, 2020-2028
4.5.1 Hospital Bed Elevator Market Size and Y-o-Y Growth
4.5.2 Hospital Bed Elevator 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 Rated Load 1600KG
5.2.2 Rated Load 2000KG
5.2.3 Rated Load 2500KG
5.2.4 Other
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 Specialist Clinic
6.2.3 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Hospital Bed Elevator 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 Hospital Bed Elevator 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 Rated Load 1600KG
9.6.2 Rated Load 2000KG
9.6.3 Rated Load 2500KG
9.6.4 Other
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 Specialist Clinic
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 Rated Load 1600KG
10.6.2 Rated Load 2000KG
10.6.3 Rated Load 2500KG
10.6.4 Other
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 Specialist Clinic
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 Rated Load 1600KG
11.6.2 Rated Load 2000KG
11.6.3 Rated Load 2500KG
11.6.4 Other
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 Specialist Clinic
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 Rated Load 1600KG
12.6.2 Rated Load 2000KG
12.6.3 Rated Load 2500KG
12.6.4 Other
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 Specialist Clinic
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 Rated Load 1600KG
13.6.2 Rated Load 2000KG
13.6.3 Rated Load 2500KG
13.6.4 Other
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 Specialist Clinic
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 Hospital Bed Elevator Market: Competitive Dashboard
14.2 Global Hospital Bed Elevator Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Schindler
14.3.2 Mitsubishi Electric
14.3.3 KONE
14.3.4 SIGMA
14.3.5 OTIS
