Status : Published | Published On : Nov, 2024 | Report Code : VRHC1191 | Industry : Healthcare | Available Format : | Page : 102 |
The U.S. Hospital Bed Market is expected to grow at a CAGR of 4.0% during the forecast period with its market size predicted to reach USD 1.5 Billion by 2030. The U.S. hospital bed market is primarily driven by technological advancements, the adoption of electric beds in ICUs, the high prevalence of chronic diseases, and the robust healthcare infrastructure in the region. Bariatric beds and general beds are contributing significantly to the U.S. medical bed revenue due to the high prevalence of obesity and increasing lifestyle-associated diseases.
The key trend in the U.S. medical bed industry is the development and adoption of fully electric beds. Various studies have shown an adverse impact on the nursing community and patient caretakers due to the difficulties faced during the positioning of critically ill patients, resulting in injury to nurses, doctors, and patients themselves. Electric beds offer automatic patient position adjustments, pressure relief, and improved sleep to the patient; therefore, leading to high traction in the market.
Report Metric |
Details |
Historical Period |
2018 - 2023 |
Base Year Considered |
2024 |
Forecast Period |
2025 - 2030 |
Market Size in 2023 |
U.S.D. x.x Billion |
Revenue Forecast in 2030 |
U.S.D. 1.5 Billion |
Growth Rate |
4.0% |
Segments Covered in the Report |
By Type, By Area of Usage, By Power and By End-User |
Report Scope |
Market Trends, Drivers, and Restraints; Revenue Estimation and Forecast; Segmentation Analysis; Impact of COVID-19; Companies’ Strategic Developments; Market Share Analysis of Key Players; Company Profiling |
Regions Covered in the Report |
U.S. |
Technological advancements such as electronic controls, adjustable height, pressure redistribution surfaces, the adoption of electric beds in ICUs, patient monitoring capabilities, the high prevalence of chronic diseases, and the robust healthcare infrastructure in the region are the aspects that drives the U.S. hospital bed market. The U.S. spends a significant portion of its GDP on healthcare which leads to the developed infrastructure in the country. The development of portable patient monitoring devices have led to an increase in the demand for medical beds for providing home care. Market growth is driven by the innovations like improved patient outcomes, and enhanced patient comfort. The risk of healthcare-associated infections is minimised as these beds aim to enhance patient comfort.
The high healthcare cost and affordability of electric beds are the factors that are hindering the U.S. hospital bed industry. The changing demographics and evolving patient needs pose challenges for the hospital bed market.
Recent Developments by Key Players
Stryker announced the opening of its Customer Experience Centre housed at Stryke. This state-of-the-art centre is designed to demonstrate the company's portfolio of medical equipment and offer an interactive environment for customers to exper.
VynZ Research provides an analysis of the key trends in each segment of the U.S. Hospital Bed Market report, along with forecasts at the regional and country levels from 2025-2030. Our report has categorized the market based on type, area of usage, power and end-user.
On the basis of the area of use, the market is categorized into acute care, critical care, and long-term care. Of all, urgent care and long-term care medical beds are anticipated to witness higher growth when compared to acute care beds. This is primarily due to the increasing geriatric population, and the high prevalence of chronic diseases including cancer and cardiovascular disorders.
Different types of medical beds are general, bariatric, pediatric, pressure relief, birthing, and others. The general beds hold the largest share in the U.S. hospital bed market and are also predicted to observe the highest growth in its market size, primarily due to the low cost of these beds.
On the basis of power, the market is categorized into manual, electric, and semi-electric beds. Among the different types of power, manual beds are anticipated to account for the largest share in this market. The demand for electric beds is predicted to be the highest in the country as the U.S. healthcare expenditure is the highest among all the countries across the globe, which illustrates the high affordability of electric beds in the country.
The primary end users of medical beds in the U.S. are hospitals, elderly care facilities, and home care settings. Among all end users, hospitals are estimated to account for the largest share of the U.S. hospital bed market size as most of the inpatient care is provided by public and private hospitals.
The fastest-growing demand for medical beds is witnessed by the elderly care facilities in the U.S. as the proportion of the elderly population has increased significantly over the years. The government encourages and provides incentives to the elderly care facilities for their contribution to the geriatric population's healthcare.
Northeast region of U.S dominates the market due to a high concentration of specialized academic medical centers, hospitals, and advanced healthcare facilities.
Stryker Corporation is an American multinational medical technologies corporation based in Kalamazoo, Michigan. Stryker's products include implants used in joint replacement and trauma surgeries including surgical equipment and surgical navigation systems, endoscopic and communications systems.
Paramount Bed Holdings is a holding company of a comprehensive medical products and services group. The holding company determines and implements strategies, supervises the group's management and performs other administrative activities.
The U.S. Hospital Bed Market report offers a comprehensive market segmentation analysis along with an estimation for the forecast period 2025–2030.
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U.S. Hospital Bed Market