Market Overview:
The global ICU Hi-low Bed market is expected to register a CAGR of 5.8% during the forecast period 2018-2030. The growth in this market can be attributed to the increasing incidence of chronic diseases, rising geriatric population, and technological advancements in ICU beds. Based on type, the electric beds segment is expected to account for a major share of the global ICU Hi-low Bed market in 2018. This segment is projected to grow at a CAGR of 6% during the forecast period. The semi-electric beds segment is projected to grow at a CAGR of 4% during the same period. On basis application, hospitals are estimated to account for majority share (over 60%)of global demand for ICU Hi-low Beds by 2030 end .
Product Definition:
An ICU Hi-low Bed is a bed that can be lowered or raised to different heights, which makes it ideal for use in an intensive care unit. The importance of an ICU Hi-low Bed is that it allows caregivers to easily adjust the height of the bed so that they can provide care to patients who are either lying down or sitting up.
Electric Beds:
Electric beds are used in Intensive Care Units (ICUs) for patients who need to be sedated or anesthetized for treatment. The growth factor in the market is increasing demand from developing countries such as India, China and Brazil. These countries have witnessed a rapid increase in their population suffering from chronic diseases such as cancer, heart disease and respiratory disorders among others; this has led to an increase in the number of hospital admissions which further increases the use of electric beds.
Semi-Electric Beds:
Semi-electric beds are used in ICU hi-low bedding market. They are also known as powered beds or motorized beds. These devices have a mechanism to raise and lower the head, and also have controls for side rails that help in maintaining the stability of patient while sleeping.
Application Insights:
The hospital application segment accounted for the largest share of over 60.0% in 2017. The demand for ICU hi-low beds is expected to increase at a significant rate owing to an increasing number of hospitals and healthcare centers across the globe, especially in developing countries such as China, India and Brazil. For instance, according to WHO data published in 2018, around USD 8 billion was invested by governments and private investors worldwide for new hospital construction from 2010 to 2015.
Pension agencies are also anticipated to be among the fastest growing segments due largely their ability as a low cost alternative compared with hotels or other lodging facilities that charge higher rates during off-peak season or special offers which may not include all amenities required by travelers including kitchen facilities and laundry service.
Regional Analysis:
North America dominated the global market in 2017. The presence of a large number of multinational companies and high purchasing power are some factors contributing to its largest share. Moreover, increasing awareness regarding advanced medical technologies is also expected to drive the demand for international critical care units in this region over the forecast period.
Asia Pacific is anticipated to be one of the fastest-growing regions during the forecast period owing to rising healthcare expenditure and improving infrastructure in developing economies, such as India and China. In addition, growing patient pool due to an increase in birth rate will further boost growth over coming years. Furthermore, government initiatives encouraging foreign investments coupled with supportive regulations by regulatory authorities are expected to contribute toward regional growth during the same period (2018-2030).
Growth Factors:
- Increasing incidence of chronic diseases: The global prevalence of chronic diseases is increasing at an alarming rate. This is primarily because of the changing lifestyles and dietary habits of people across the world. The number of patients with chronic diseases requiring hospitalization is on the rise, which in turn is fueling demand for ICU hi-low beds.
- Growing geriatric population: A large proportion of the population across the globe is aging rapidly. This has led to a surge in demand for ICU hi-low beds, as a large number of elderly patients require specialized care and treatment in hospitals or nursing homes.
- Technological advancements: Rapid advancements in medical technology are helping healthcare providers offer better care to their patients, including those who are admitted to ICUs or critical care units (CCUs). This is driving demand for high-quality ICU hi-low beds that can meet the specific needs and requirements of patients admitted to these units.
Scope Of The Report
Report Attributes
Report Details
Report Title
ICU Hi-low Bed Market Research Report
By Type
Electric Beds, Semi-Electric Beds, Manual Beds
By Application
Hospital, Pension Agency, Other
By Companies
Stryker Corporation, Hill-Rom Holdings Inc., Getinge AB, Invacare Corporation, Medline Industries, Inc., Linet Spol. S.R.O., Stiegelmeyer GmbH & Co. Kg, Span-America Medical Systems, Inc., Malvestio S.P.A., Merivaara Corp.
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
144
Number of Tables & Figures
101
Customization Available
Yes, the report can be customized as per your need.
Global ICU Hi-low Bed Market Report Segments:
The global ICU Hi-low Bed market is segmented on the basis of:
Types
Electric Beds, Semi-Electric Beds, Manual 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, Pension Agency, 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:
- Stryker Corporation
- Hill-Rom Holdings Inc.
- Getinge AB
- Invacare Corporation
- Medline Industries, Inc.
- Linet Spol. S.R.O.
- Stiegelmeyer GmbH & Co. Kg
- Span-America Medical Systems, Inc.
- Malvestio S.P.A.
- Merivaara Corp.
Highlights of The ICU Hi-low Bed 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 Beds
- Semi-Electric Beds
- Manual Beds
- By Application:
- Hospital
- Pension Agency
- 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 ICU Hi-low Bed 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?
ICU Hi-low Bed is a type of bed that is used in intensive care units. It has a raised portion on one side and a low portion on the other, which allows patients to be more comfortable while they are recovering from an illness or injury.
Some of the major companies in the icu hi-low bed market are Stryker Corporation, Hill-Rom Holdings Inc., Getinge AB, Invacare Corporation, Medline Industries, Inc., Linet Spol. S.R.O., Stiegelmeyer GmbH & Co. Kg, Span-America Medical Systems, Inc., Malvestio S.P.A., Merivaara Corp..
The icu hi-low bed market is expected to grow at a compound annual growth rate of 5.8%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 ICU Hi-low Bed 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 ICU Hi-low Bed Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 ICU Hi-low Bed 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 ICU Hi-low Bed 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 ICU Hi-low Bed Market Size & Forecast, 2020-2028
4.5.1 ICU Hi-low Bed Market Size and Y-o-Y Growth
4.5.2 ICU Hi-low Bed 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 Beds
5.2.2 Semi-Electric Beds
5.2.3 Manual 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 Pension Agency
6.2.3 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global ICU Hi-low Bed 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 ICU Hi-low Bed 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 Beds
9.6.2 Semi-Electric Beds
9.6.3 Manual 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 Pension Agency
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 Beds
10.6.2 Semi-Electric Beds
10.6.3 Manual 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 Pension Agency
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 Beds
11.6.2 Semi-Electric Beds
11.6.3 Manual 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 Pension Agency
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 Beds
12.6.2 Semi-Electric Beds
12.6.3 Manual 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 Pension Agency
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 Beds
13.6.2 Semi-Electric Beds
13.6.3 Manual 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 Pension Agency
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 ICU Hi-low Bed Market: Competitive Dashboard
14.2 Global ICU Hi-low Bed Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Stryker Corporation
14.3.2 Hill-Rom Holdings Inc.
14.3.3 Getinge AB
14.3.4 Invacare Corporation
14.3.5 Medline Industries, Inc.
14.3.6 Linet Spol. S.R.O.
14.3.7 Stiegelmeyer GmbH & Co. Kg
14.3.8 Span-America Medical Systems, Inc.
14.3.9 Malvestio S.P.A.
14.3.10 Merivaara Corp.
