The Global Automated Hospital Beds Market has been evaluated to grow at steady pace over the reviewing period.Automated hospital beds are specially designed for hospitalized patients who are in need of some form of health care services. These hospitals beds can provide comfort and well-being of the patient and convenience to the health care workers. The Global Automated Hospital Beds Market is expected to grow at a CAGR of 5.97% during the forecast period.
Most common features of the automated hospital beds are automatic height adjustment of the entire bed including the head and the feet, adjustable side rails, and electronic buttons to operate both the bed and other nearby electronic devices. Growing demand for automated hospital beds, increasing geriatric population, increasing inflow of patient population, and increasing technological advancements in the healthcare drive the growth of the market.
Automated Hospital Beds Market – Key Findings
- The Global Automated Hospital Beds Market and is expected to reach USD 2,553.4 million by 2023 at CAGR of 5.97%.
- Fully Automatic Hospital Bed segment accounted for 55% share of the global automated hospital beds market, by type in 2016 and is expected to reach USD 1,571.9 million by 2023
- Europe holds the largest market share of the automated hospital beds and was valued USD 572.7 million in 2016 and is expected to reach USD 893.8 million by 2023
- Asia Pacific is the fastest growing region across the globe and expected to grow at a rate of CAGR 4.42% during the forecast period.
Automated Hospital Beds Market – Major Players
Some of the key players in the global market: ArjoHuntleigh, Gendron Inc., Hill-Rom, Invacare Corporation, Linet spol. S r.o., Medline Industries, Inc., Paramount Bed Holdings Co., Ltd., and Stryker
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Automated Hospital Beds Market – Regional Analysis
The global automated hospital beds market consists of four regions: Europe, the Americas, Asia Pacific, and the Middle East & Africa.
The Europe dominates the global market owing to the presence of huge patient population, increasing technological development, and huge healthcare expenditure. Additionally, continuous technological development and the growing presence of the global market leaders contribute to the market growth.
The Americas accounts for the second largest market due to strong economic conditions and rising investment in research and development. Moreover, increasing investments in reputed research centers and government institutions is expected to fuel the growth of this market.
Additionally, significant investments by hospitals to upgrade their equipment including beds is likely to increase the growth of the market. According to WHO, the North American population is projected to grow by 42% from 2000 to 2050, which is likely to increase the demand for the healthcare product.
Asia Pacific is the fastest growing market due increasing prevalence of chronic diseases, growing government encouragement in healthcare sector, and increasing working population in healthcare industry will boost the market growth over the review period. Furthermore, increasing population, increasing number of life-threatening diseases, rising number of elderly people, and increasing healthcare expenditure resulting in growing number of hospitals likely to boost the demand for the automated hospital beds.
However, due to limited access to the healthcare resources, lack of technological development in healthcare facilities, and insufficient government encouragement in healthcare sector, the Middle East & Africa will hold less market share.
Automated Hospital Beds Market – Segmentation
The global automated hospital beds market is segmented on the basis of type, which include semi-automatic hospital beds and fully automatic hospital beds.
On the basis of technology, it is segmented into basic-automated hospital beds and smart automated hospital beds.
On the basis of type of treatment, it is segmented into critical care, acute care, and long term care.
On the basis of usage, it is segmented into general purpose, intensive care, delivery/birthing, pediatric, bariatric, pressure relief, psychiatric care, and others.
On the basis of end user, the market is segmented into hospitals & clinics, reproductive care centers, dentistry, and home users, and others
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Major Table of Content
Chapter 1. Report Prologue
Chapter 2. Market Introduction
2.2 Scope of the Study
2.2.1 Research Objective
Chapter 3. Research Methodology
3.2 Primary Research
3.3 Secondary Research
3.4 Market Size Estimation
Chapter 4. Market Dynamics
List of Tables
Table 1 Pricing Of Automated Hospital Beds Market
Table 2 Global Automated Hospital Beds Market By Type, 2014 To 2023 (USD Million)
Table 3 Global Semi-Automatic Hospital Beds Market By Region, 2014 To 2023 (USD Million)
List of Figures
Figure 1 Global Automated Hospital Beds Market Share By Type, 2016 (%)
Figure 2 Global Automated Hospital Beds Market Share By Technology, 2016 (%)
Figure 3 Global Automated Hospital Beds Market Share By Type Of Treatment, 2016 (%)
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