Market Overview:
The global multi-functions 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 prevalence of chronic diseases, rising geriatric population, and growing demand for home healthcare services. Based on type, the global multi-functions 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 medical bed segment during the forecast period from 2018 to 2030. This can be attributed to factors such as technological advancements in electric medial beds and their growing popularity among consumers owing to their features such as adjustable height, tilt angle adjustment, and integrated safety rails.
Product Definition:
A multi-function medical bed is a bed that can be used for multiple purposes. Multi-function beds are often used in hospitals and other medical facilities. They can be used for patients who need to be elevated, as well as those who need to be reclined or turned. Multi-function beds are also often equipped with features that allow them to monitor the patient's vitals. This allows nurses and doctors to quickly assess the patient's condition and make necessary adjustments.
Electric Medical Beds:
Electric medical beds are used in hospitals, clinics, and other healthcare facilities for various purposes. The growing geriatric population across the globe is expected to be one of the key factors driving demand over the forecast period. According to a survey by WHO in 2012, it was estimated that more than 1 billion people worldwide were aged above 60 years. By 2050 approximately 2 billion people will be aged 60 years and above.
Manual Medical Beds:
Manual medical beds are also known as manual therapy beds. These are used for providing treatment to patients who cannot lie in a supine position or need support while sleeping, eating, or recovering from an operation. They can be used by individuals suffering from back pain, arthritis pain, neck pain and many other conditions.
These types of therapy beds have been available for quite some time but only recently has their usage increased due to the growing prevalence of chronic diseases such as cancer.
Application Insights:
The other application segment includes hospital beds, rehabilitation centers, and medical theaters. The global market for multi-functions medical beds in the other application segment is expected to grow at a significant rate owing to an increase in the number of surgeries and rising geriatric population across the world.
Nursing home accounted for more than 40% of total share in 2017 due to high prevalence of diseases such as Alzheimer¢â‚¬â„¢s disease, cancer & respiratory problems among others that require constant monitoring and care by a trained professional. As per U.S Department of Health & Human Services (HHS), there are approximately 617 thousand nursing home residents across America who need assistance with eating, bathing and dressing needs which include bedpan cleaning services along with medication management services performed by skilled professionals on daily basis which is anticipated to propel demand over the forecast period especially during peak season.
Regional Analysis:
North America dominated the global market in 2017. The presence of well-developed healthcare infrastructure, high awareness levels regarding quality of care provided and patient safety, and increasing demand for cost-effective medical equipment are some factors driving the growth. In addition, growing preference for homecare services is expected to further propel regional product demand over the forecast period.
Asia Pacific is anticipated to witness lucrative growth during the forecast period owing to rising geriatric population coupled with increasing disposable income levels in emerging economies such as China and India.
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 multi-functions medical beds, as they are specifically designed for elderly patients.
- 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 increased demand for multi-functions medical beds that can be used for both acute and long-term care needs.
- Technological advancements: Multi-function medical beds are becoming increasingly sophisticated with new features being added regularly, such as integrated scales that help caregivers monitor patient weight changes over time or built-in oxygen tanks that provide supplemental oxygen therapy as needed. Such technological advancements are helping to drive market growth by making these products more appealing to consumers worldwide.
Scope Of The Report
Report Attributes
Report Details
Report Title
Multi-Functions 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
231
Number of Tables & Figures
162
Customization Available
Yes, the report can be customized as per your need.
Global Multi-Functions Medical Beds Market Report Segments:
The global Multi-Functions 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 Multi-Functions 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 Multi-Functions 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?
Multi-functions medical beds are beds that have multiple functions, such as being a bed for sleeping and an office chair. These beds can be used by people who need assistance with activities of daily living, such as sitting up or getting out of bed.
Some of the major companies in the multi-functions 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 multi-functions 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 Multi-Functions 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 Multi-Functions Medical Beds Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Multi-Functions 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 Multi-Functions 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 Multi-Functions Medical Beds Market Size & Forecast, 2020-2028
4.5.1 Multi-Functions Medical Beds Market Size and Y-o-Y Growth
4.5.2 Multi-Functions 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 Multi-Functions 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 Multi-Functions 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 Multi-Functions Medical Beds Market: Competitive Dashboard
14.2 Global Multi-Functions 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
