Market Overview:
The global nursing home beds market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing geriatric population and rising prevalence of chronic diseases. In addition, technological advancements in nursing home beds are also contributing to the growth of this market. Based on type, the global nursing home beds market is segmented into fixed height and liftable height beds. The liftable height bed segment is expected to grow at a higher CAGR than the fixed height bed segment during the forecast period from 2018 to 2030. This can be attributed to their growing popularity among end users owing to their ability to adjust according To varying body heights and needs of patients, which helps improve patient comfort and safety. Based on application, the global nursing home beds market is divided into hospital, clinic, homecare setting (including long-term care facilities), and other applications (such as military hospitals). Among these applications, hospital accounted for majority share in 2017 And is projected To maintain its dominance throughoutthe forecast period from 2018 To 2030 due To rising demand for better healthcare infrastructure worldwide coupled with increasing number Of elderly patients requiring post-hospitalization care in developed countries such as U .S., Germany , Japan , etc .
Product Definition:
A nursing home bed is a bed that is used in a nursing home. Nursing homes are facilities that provide care for elderly people who cannot live independently. Nursing home beds are important because they allow elderly people to receive the care they need in a safe and comfortable environment.
Fixed Height:
Fixed height nursing home beds are specifically designed to provide the utmost support and comfort to patients. These beds have a minimum height of 26 inches, which ensures that they will never again be used for patient transfer or lowered to make a bed for visitors as was previously done by staff members.
Nursing home beds fixed at 24 inches are now being discontinued since 2011 due to their increased prevalence in causing pressure sores on patients who use them for long term care.
Liftable Height:
Liftable height is the maximum vertical distance a patient can be lifted with the help of mechanical devices such as hydraulic riser or manually operated riser. It is an important parameter for selecting nursing home beds.
According to studies, around 60% of patients in nursing homes have difficulty in performing daily activities and need assistance with basic functions like bathing, dressing, and using bathroom facilities which increases care needs and burden on caregivers ultimately leading to higher mortality rate among elderly people.
Application Insights:
The hospital segment dominated the global market in 2017. The application of this product is mainly observed in hospitals due to various advantages offered by these products such as easy access for patients, ease of cleaning and disinfecting, and safety from accidents. These products are also used in clinics but at a lesser extent as compared to that used at home.
The other application segment includes long-term care facilities such as assisted living centers, retirement homes, and memory care communities among others which are primarily aimed at providing assistance with daily activities including bathing & dressing along with meals preparation & cleanup for the elderly population who require help but cannot live alone or do not wish to move into a residential facility. This segment is expected to witness significant growth over the forecast period owing to increasing geriatric population across the globe coupled with rising awareness about these services among families looking after them.
Regional Analysis:
North America dominated the global market in 2017. The presence of a large geriatric population coupled with high healthcare expenditure and favorable reimbursement policies are some factors contributing to its growth. According to the Canadian Association of Home Care Agencies, home care services accounted for approximately 15% of Canada’s health spending in 2015-2016. In addition, according to data published by Statistics Canada, more than 7 million people used home health care services at least once per year from 2011 to 2016.
Asia Pacific is expected to be the fastest growing regional market during the forecast period owing rising awareness about advanced nursing homes and an increasing number of old age patients in this region due to rapid aging demographics.
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 nursing home beds, as more elderly people will require long-term care.
- Rising prevalence of chronic diseases: The prevalence of chronic diseases such as dementia, Alzheimer's disease, and heart disease is increasing globally due to changing lifestyles and aging populations. This is leading to an increased need for nursing home beds among patients with chronic illnesses who require long-term care.
- Growing awareness about nursing homes: There has been a growing awareness about the benefits of nursing homes among seniors and their families in recent years. This has led to an increase in demand for nursing home beds across the world.
Scope Of The Report
Report Attributes
Report Details
Report Title
Nursing Home Beds Market Research Report
By Type
Fixed Height, Liftable Height
By Application
Hospital, Clinic, Home, Other
By Companies
Savion Industries, Favero Health Projects, Transfer Master, LINET Group, Merits Health Products, Sidhil, ArjoHuntleigh, NOA Medical Industries, Roscoe Medical, Hill-Rom, Savion Industries
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
241
Number of Tables & Figures
169
Customization Available
Yes, the report can be customized as per your need.
Global Nursing Home Beds Market Report Segments:
The global Nursing Home Beds market is segmented on the basis of:
Types
Fixed Height, Liftable Height
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, 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:
- Savion Industries
- Favero Health Projects
- Transfer Master
- LINET Group
- Merits Health Products
- Sidhil
- ArjoHuntleigh
- NOA Medical Industries
- Roscoe Medical
- Hill-Rom
- Savion Industries
Highlights of The Nursing Home 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:
- Fixed Height
- Liftable Height
- By Application:
- Hospital
- Clinic
- Home
- 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 Nursing Home 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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- Correctly Positioning New Products
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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?
Nursing home beds are beds in a nursing home that are specifically designed for people with disabilities. These beds can be used by people who have physical or mental disabilities that make it difficult for them to move around or get out of bed on their own. Nursing home beds can also be used by people who have difficulty breathing because of a medical condition.
Some of the major companies in the nursing home beds market are Savion Industries, Favero Health Projects, Transfer Master, LINET Group, Merits Health Products, Sidhil, ArjoHuntleigh, NOA Medical Industries, Roscoe Medical, Hill-Rom, Savion Industries.
The nursing home 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 Nursing Home 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 Nursing Home Beds Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Nursing Home 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 Nursing Home 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 Nursing Home Beds Market Size & Forecast, 2018-2028
4.5.1 Nursing Home Beds Market Size and Y-o-Y Growth
4.5.2 Nursing Home Beds Market Absolute $ Opportunity
Chapter 5 Global Nursing Home Beds 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 Nursing Home Beds Market Size Forecast by Type
5.2.1 Fixed Height
5.2.2 Liftable Height
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Nursing Home Beds 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 Nursing Home Beds Market Size Forecast by Applications
6.2.1 Hospital
6.2.2 Clinic
6.2.3 Home
6.2.4 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Nursing Home 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 Nursing Home 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 Nursing Home Beds Analysis and Forecast
9.1 Introduction
9.2 North America Nursing Home Beds 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 Nursing Home Beds Market Size Forecast by Type
9.6.1 Fixed Height
9.6.2 Liftable Height
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 Nursing Home Beds Market Size Forecast by Applications
9.10.1 Hospital
9.10.2 Clinic
9.10.3 Home
9.10.4 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 Nursing Home Beds Analysis and Forecast
10.1 Introduction
10.2 Europe Nursing Home Beds 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 Nursing Home Beds Market Size Forecast by Type
10.6.1 Fixed Height
10.6.2 Liftable Height
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 Nursing Home Beds Market Size Forecast by Applications
10.10.1 Hospital
10.10.2 Clinic
10.10.3 Home
10.10.4 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 Nursing Home Beds Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Nursing Home Beds 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 Nursing Home Beds Market Size Forecast by Type
11.6.1 Fixed Height
11.6.2 Liftable Height
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 Nursing Home Beds Market Size Forecast by Applications
11.10.1 Hospital
11.10.2 Clinic
11.10.3 Home
11.10.4 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 Nursing Home Beds Analysis and Forecast
12.1 Introduction
12.2 Latin America Nursing Home Beds 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 Nursing Home Beds Market Size Forecast by Type
12.6.1 Fixed Height
12.6.2 Liftable Height
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 Nursing Home Beds Market Size Forecast by Applications
12.10.1 Hospital
12.10.2 Clinic
12.10.3 Home
12.10.4 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) Nursing Home Beds Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Nursing Home Beds 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) Nursing Home Beds Market Size Forecast by Type
13.6.1 Fixed Height
13.6.2 Liftable Height
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) Nursing Home Beds Market Size Forecast by Applications
13.10.1 Hospital
13.10.2 Clinic
13.10.3 Home
13.10.4 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 Nursing Home Beds Market: Competitive Dashboard
14.2 Global Nursing Home Beds Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Savion Industries
14.3.2 Favero Health Projects
14.3.3 Transfer Master
14.3.4 LINET Group
14.3.5 Merits Health Products
14.3.6 Sidhil
14.3.7 ArjoHuntleigh
14.3.8 NOA Medical Industries
14.3.9 Roscoe Medical
14.3.10 Hill-Rom
14.3.11 Savion Industries
