Market Research Report

Electrical Hospital Beds Market

Electrical Hospital Beds Market Research Report: Size, Share, Trend Analysis Type (Semi-Automatic Bed, Fully Automatic Bed), Type of Treatment (Critical Care, Acute Care, Long Term Care), Application (General Purpose, Intensive Care, Delivery/Birthing, Bariatric, Pediatric, Pressure Relief), End User (Hospital and Clinics, Reproductive Care Centers, Dentistry, Home Care, Other) and By Region (Europe, Asia Pacific, Middle East and Africa, Americas) - Growth Outlook & Industry Forecast To 2023

Vertical: HealthcareBase Year: 201711 Sections

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Executive Summary

Electrical Hospital Beds Market — Snapshot

  • Market Size (2017)

    $1.71B

  • Projected (2023)

    $2.60B

  • CAGR (2015–2023)

    7.2%

  • Key Players

    15+

In some cases, patients have trouble getting in and out of beds where electrical hospital beds play a major role in solving this problem. Electrical hospital beds have features which help patients sit and get out of the bed in a comfortable position. Electrical beds have also proved to be extremely beneficial for doctors and nurses while performing critical procedures and treatments. Rise in the number of various acute and chronic illnesses, rising geriatric population, increased number of obese populations, continuous development in the designs of hospital beds for the betterment and comfort of patients, and increasing healthcare expenditure drive the growth of the market. However, the higher cost of electrical hospital beds may hamper the growth of the market.

The global electrical hospital beds market is expected to have a CAGR of 7.25% during the forecast period from 2018 to 2023. In 2017, the market was led by Europe with 34.5% share, followed by the Americas and Asia-Pacific with shares of 30.8% and 24.6%,

respectively. This growth is attributed to the growing demand for electrical hospital beds, technological advancements in the healthcare industry, and increasing geriatric population.

The global electrical hospital beds market has been segmented based on types of beds, treatment type, application, end-user, and region.

Based on the type of beds, the semi-automatic bed segment accounted for the largest market share of 45% in 2017, with a market value of USD 760.3 million, which is projected to register a CAGR of 5.07% during the forecast period.

Based on treatment type, the critical care segment accounted for the largest market share of 38% in 2017, with a market value of USD 647.4 million, which is projected to register a CAGR of 8.03% during the forecast period.

Based on application, the general-purpose segment accounted for the largest market share of 32% in 2017, with a market value of USD 547.5 million, which is projected to register a CAGR of 7.29% during the forecast period.

Based on end-user, the hospital and clinics segment accounted for the largest market share of 40% in 2017, with a market value of USD 674.5 million, which is projected to register a CAGR of 7.25%.

Key Insight

The Electrical Hospital Beds Market market is projected to grow at a CAGR of 7.2% from 2015 to 2023.

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Market Scope & Coverage

What this report covers

  • Geographic Coverage: This analysis covers 4 regions: Europe, Asia Pacific, Middle East and Africa, Americas.
  • Market Segmentation: The market is analyzed across 2 segments: Fully Automatic Bed, Semi-Automatic Bed. Forecasts are provided for each segment from 2015 to 2023.
  • Competitive Landscape: 15 leading companies are profiled, covering market positioning, strategies, and recent developments.

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Electrical Hospital Beds Market

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