Global Hospital Bed Market to Witness 5.9% CAGR during 2025–2030, Attaining Market Size of USD 5.7 Billion by 2030

Published Date: Feb, 2024

The global hospital bed market is expected to grow at a CAGR of 5.9% during the forecast period with its market size predicted to reach USD 5.7 billion by 2030. The increasing prevalence of chronic diseases, technological advancement in hospital beds, rise in cases of lifestyle diseases, growing geriatric population, and the increasing capacity of beds in private hospitals are the major factors leading to the high demand for hospital beds in the global market.

The increasing demand for hospital beds in elderly care facilities and home care settings is the latest trend observed in the market, while the rate of reduction or saturation in the demand for a hospital bed in the public hospitals of developed economies is constraining the growth of the industry, globally.

Global Hospital Bed Market Segmentation and Key Players

Segment / Key Players

Categorization

Area of Use

Acute Care, Critical Care, and Long-Term Care

Type

General, Bariatric, Pediatric, Pressure Relief, Birthing, and Others

Power

Manual, Electric, and Semi-Electric

End-User

Hospitals, Elderly Care Facilities, and Home Care Settings

Key Players

Stiegelmeyer GmbH & Co. Kg, Stryker Corporation, Medline Industries, Inc., Invacare Corporation, Paramount Bed Holdings Co., Ltd., Hill-Rom Holdings, Inc., Merivaara Corp., Getinge AB, Midmark Corporation, Linet Spol. S.R.O and Antano Group S.R.L

Browse market insight and in-depth TOC on "Global Hospital Bed Market – Analysis and Forecast (2025-2030)"

The electric hospital bed, by type, is estimated to contribute to the largest share of the global market. The high demand for electric beds is primarily due to the increasing geriatric population, an increasing number of patients requiring bariatric care, and patients suffering from multiple diagnoses. The other types of hospital beds include semi-electric and manual beds.

Based on the area of use, the hospital bed market is segmented into acute care, psychiatric and bariatric care, long-term care, and others. The demand for hospital beds in long-term care is high and is expected to witness the fastest CAGR during the forecast period. The leap is attributed to the increase in cases of patients requiring long-term care.

The hospitals held the largest share of the hospital bed market by an end user, in 2020. The factors leading to the large share of hospitals are the increasing number of private hospitals with a large capacity for hospital beds. However, the market is expected to witness the fastest CAGR at elderly care facilities during the forecast period. Apart from hospitals, and at-home care settings, other end users for hospital beds include elderly care.

Asia-Pacific hospital bed industry is expected to witness the fastest growth during the forecast period. The growth is driven by the rising geriatric population, increasing obesity as a result of lifestyle diseases, and the rise in healthcare expenditure in the regional market.

The key players in the hospital bed industry include Stiegelmeyer GmbH & Co. Kg, Stryker Corporation, Medline Industries, Inc., Invacare Corporation, Paramount Bed Holdings Co., Ltd., Hill-Rom Holdings, Inc., Merivaara Corp., Getinge AB, Midmark Corporation, Linet Spol. S.R.O and Antano Group S.R.L. The hospital bed players are investing to launch technologically advanced hospital beds, for instance in January 2017, Genting Group announced the expansion of its product portfolio of patient mobility products in the U.S. with the launch of Total Lift Bed from VitalGo Systems. The group’s ArjoHuntleigh brand is the exclusive U.S. distributor of the Total Lift Bed in acute and long-term acute care settings. 

Global Hospital Bed Market Coverage

Type Insight and Forecast 2025-2030

  • General Beds
  • Bariatric Beds
  • Pediatric Beds
  • Pressure Relief Beds
  • Birthing Beds
  • Others

Area of Use Insight and Forecast 2025-2030

  • Acute Care
  • Critical Care
  • Long Term Care

Power Insight and Forecast 2025-2030

  • Electric Bed
  • Semi-Electric Bed
  • Manual Bed

End-User Insight and Forecast 2025-2030

  • Hospitals
  • At Home Care
  • Elderly Care

Geographical Segmentation

Hospital Bed Market by Region

North America

  • U.S.
  • Canada
  • Mexico

Europe

  • U.K.
  • Germany
  • France
  • Italy
  • Russia
  • Spain
  • Rest of Europe

Asia-Pacific

  • Japan
  • China
  • India
  • Australia
  • South Korea
  • Rest of Asia-Pacific

Rest of the World

  • Brazil
  • South Africa
  • Saudi Arabia
  • U.A.E.
  • Other Countries