Global Hospital Bed
Market Report
2025
The global hospital bed market size will be USD 4215.5 million in 2024. Raising healthcare needs and technological advancements are expected to boost sales to USD 6338.55 million by 2031, with a Compound Annual Growth Rate (CAGR) of 6.00% from 2024 to 2031.
The base year for the calculation is 2024. The historical will be 2021 to 2024. The year 2025 will be estimated one while the forecasted data will be from year 2025 to 2033. When we deliver the report that time we updated report data till the purchase date.
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According to Cognitive Market Research, the global hospital bed market size will be USD 4215.5 million in 2024. It will expand at a compound annual growth rate (CAGR) of 6.00% from 2024 to 2031.
2021 | 2025 | 2033 | CAGR | |
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Global Hospital Bed Market Sales Revenue | 121212 | 121212 | 121212 | 6% |
North America Hospital Bed Market Sales Revenue | 121212 | 121212 | 121212 | 4.2% |
United States Hospital Bed Market Sales Revenue | 121212 | 121212 | 121212 | 4% |
Canada Hospital Bed Market Sales Revenue | 121212 | 121212 | 121212 | 5% |
Mexico Hospital Bed Market Sales Revenue | 121212 | 121212 | 121212 | 4.7% |
Europe Hospital Bed Market Sales Revenue | 121212 | 121212 | 121212 | 4.5% |
United Kingdom Hospital Bed Market Sales Revenue | 121212 | 121212 | 121212 | 5.3% |
France Hospital Bed Market Sales Revenue | 121212 | 121212 | 121212 | 3.7% |
Germany Hospital Bed Market Sales Revenue | 121212 | 121212 | 121212 | 4.7% |
Italy Hospital Bed Market Sales Revenue | 121212 | 121212 | 121212 | 3.9% |
Russia Hospital Bed Market Sales Revenue | 121212 | 121212 | 121212 | 3.5% |
Spain Hospital Bed Market Sales Revenue | 121212 | 121212 | 121212 | 3.6% |
Rest of Europe Hospital Bed Market Sales Revenue | 121212 | 121212 | 121212 | 3.2% |
Asia Pacific Hospital Bed Market Sales Revenue | 121212 | 121212 | 121212 | 8% |
China Hospital Bed Market Sales Revenue | 121212 | 121212 | 121212 | 7.5% |
Japan Hospital Bed Market Sales Revenue | 121212 | 121212 | 121212 | 6.5% |
India Hospital Bed Market Sales Revenue | 121212 | 121212 | 121212 | 9.8% |
South Korea Hospital Bed Market Sales Revenue | 121212 | 121212 | 121212 | 7.1% |
Australia Hospital Bed Market Sales Revenue | 121212 | 121212 | 121212 | 7.7% |
Rest of APAC Hospital Bed Market Sales Revenue | 121212 | 121212 | 121212 | 7.8% |
South America Hospital Bed Market Sales Revenue | 121212 | 121212 | 121212 | 5.4% |
Brazil Hospital Bed Market Sales Revenue | 121212 | 121212 | 121212 | 6% |
Argentina Hospital Bed Market Sales Revenue | 121212 | 121212 | 121212 | 6.3% |
Colombia Hospital Bed Market Sales Revenue | 121212 | 121212 | 121212 | 5.2% |
Peru Hospital Bed Market Sales Revenue | 121212 | 121212 | 121212 | 5.6% |
Chile Hospital Bed Market Sales Revenue | 121212 | 121212 | 121212 | 5.7% |
Rest of South America Hospital Bed Market Sales Revenue | 121212 | 121212 | 121212 | 4.5% |
Middle East Hospital Bed Market Sales Revenue | 121212 | 121212 | 121212 | 5.7% |
Egypt Hospital Bed Market Sales Revenue | 121212 | 121212 | 121212 | 6% |
Turkey Hospital Bed Market Sales Revenue | 121212 | 121212 | 121212 | 5.2% |
Rest of Middle East Hospital Bed Market Sales Revenue | 121212 | 121212 | 121212 | 4.7% |
Base Year | 2024 |
Historical Data Time Period | 2021-2024 |
Forecast Period | 2025-2033 |
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Market Split by End-user Outlook: |
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Market Split by Usage Outlook: |
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List of Competitors |
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Regional Analysis |
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Country Analysis |
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Market Trends:
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Hospital Bed Market is Segmented as below. Particular segment of your interest can be provided without any additional cost. Download the Sample Pages!
A hospital bed is a type of specialty medical bed used in medical facilities. In order to promote patient care, treatment, movement, and recuperation in clinics and hospitals, it has movable positions, support for medical equipment, and improved comfort. One of the main drivers propelling the hospital bed market is the aging of the world's population, which raises the need for specialized beds and medical treatment. Furthermore, more sophisticated hospital beds are required for efficient patient care due to the rising incidence of chronic and lifestyle-related illnesses. Moreover, technological innovations that improve patient care and operational efficiency include smart beds with Internet of Things capabilities. Globally, rising healthcare spending and growing healthcare infrastructure also contribute to market expansion. The market for hospital beds is also growing as a result of the rise in home healthcare services and the demand for ergonomic, multipurpose beds.
In May 2024, Invacare announced the launch of the BirdieTM Evo XPLUS, a cutting-edge patient lift solution for the post-acute care environment, in the United States. When lifting or moving a patient to or from a bed, chair, or floor, the Birdie Evo XPLUS’s elegant and contemporary design and cutting-edge technology help to optimize comfort and security. (Source: https://global.invacare.com/news/invacare-introduces-the-birdie-evo-xplus-patient-lift-to-the-u-s-market/)
One major factor propelling the growth of the hospital bed market is the aging population. Chronic diseases, mobility problems, and age-related diseases that necessitate prolonged hospital stays and specialized care are more common in the elderly. The demand for sophisticated hospital beds with features like patient monitoring systems, changeable settings, and increased comfort has increased as a result of this demographic transition. Additionally, the need for senior home care services and long-term care facilities is driving market growth. Healthcare systems are making greater infrastructural investments to handle the burgeoning senior population as life expectancy rises globally. The rising need for better healthcare services is prompting healthcare facilities to invest in state-of-the-art hospital bed equipment, which is fueling the market’s expansion. For instance, Stryker announced the SmartMedic platform’s introduction at the Indian Society of Critical Care Medicine. Hospital ICU bed capacities are improved by the patient care platform SmartMedic. In addition to monitoring patient turns from nursing stations and managing weight fluctuations, this system will assist medical personnel in doing X-rays on patients in the intensive care unit without requiring them to be moved.
The market for hospital beds is expanding at a rapid pace because of technological developments. IoT-enabled smart beds allow for real-time patient monitoring, improving treatment and lowering complications. In addition, healthcare workers’ operational efficiency and patient comfort are enhanced by automation features such as integrated controls and movable locations. While features like anti-bedsore surfaces enhance patient well-being, advanced materials, and ergonomic designs guarantee longevity and ease of maintenance. Additionally, easy data administration is made possible via connecting to electronic health records. These developments not only raise the bar for patient care but also encourage medical facilities to spend money on cutting-edge hospital beds, which propels market growth.
The market expansion for hospital beds is severely hampered by high prices and tight budgets. Many healthcare facilities, particularly those in developing nations, cannot afford the high cost of advanced hospital beds with ergonomic features and smart technologies. Additionally, hospitals are forced by financial restraints to put necessary equipment first, postponing purchases of contemporary beds. Furthermore, smaller hospitals and clinics are discouraged from modernizing their current beds due to the costly initial investment and continuous maintenance costs. In addition to limiting the adoption of hospital beds, economic concerns and limited financial resources also hinder market progress, thus impeding the growth of the hospital bed market in the coming years.
The COVID-19 pandemic had a major effect on the hospital bed market as it sharply increased demand for beds. Due to shortages in hospitals around the world, manufacturers increased production, underscoring the necessity for scalable bed solutions. Furthermore, initially impeding availability, supply chain disruptions later enhanced supply through faster investments in manufacturing capacities. The spike in demand also prompted advancements in bed design that prioritized sanitization and infection prevention. In order to better prepare for future health emergencies, the pandemic also highlighted the significance of adaptable healthcare infrastructure, spurring long-term expansion and investment in hospital bed technologies.
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The hospital bed industry is highly competitive; key competitors in the hospital bed industry compete fiercely with one another. Businesses use innovation to compete by launching cutting-edge features like ergonomic designs and smart technologies. Additionally, expanding product portfolios and improving market presence are two benefits of strategic mergers and acquisitions. By meeting local needs, regional firms compete for market share as well. Crucial elements also include competitive pricing, solid distribution networks, and excellent customer support services. The competitive landscape is further shaped by ongoing R&D and adherence to regulatory standards, which propel market expansion.
In May 2024, Invacare Holdings Corporation and MIGA Holdings LLC announced that MIGA had acquired Invacare’s North American business. Through the acquisition, Invacare will be better positioned to streamline its business processes and spur expansion in North America. By making this change, Invacare will be able to meet the demands of its clients better and solidify its position as the industry leader in healthcare mobility. (Source: https://global.invacare.com/news/invacare-holdings-corporation-and-miga-holdings-llc-announce-migas-acquisition-of-invacares-north-american-business/) In December 2023, Stryker recently inaugurated its Neurovascular lab, a cutting-edge facility intended to spur stroke-related innovation in the Asia Pacific. The Keystone Suite, housed in the Stryker Global Technology Center (SGTC) in International Park in Gurgaon, India, will facilitate communication between cross-functional teams, product development engineers, customers, and other important stakeholders. (Source: https://www.stryker.com/in/en/about/news/2022/stryker-launches-state-of-the-art-neurovascular-r-d-lab-with-adv.html) In October 2024, Medline announced that it and PIH Health, a healthcare network based in California, have extended their prime vendor relationship. The new deal will extend Medline’s distribution services and solutions to the entire system of laboratories, outpatient physician offices, and post-acute care facilities. Medline has been the sole distributor of medical and surgical supplies throughout PIH Health’s inpatient acute care hospitals for over a decade. (Source: https://newsroom.medline.com/releases/pih-health-medline-expand-prime-vendor-partnership-to-service-all-points-of-care/)
Top Companies Market Share in Hospital Bed Industry: (In no particular order of Rank)
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According to Cognitive Market Research, North America currently dominates the hospital bed market, and the region is expected to have significant growth during the projected period. This is due to the area’s advanced healthcare infrastructure, widespread use of cutting-edge medical technology, aging population, large healthcare expenditures, and the existence of large manufacturers. Additionally, the region’s need for sophisticated and technologically advanced hospital beds is driven by the emphasis on enhancing patient care and hospital facilities.
Asia-Pacific is expected to make significant gains during the projected period, with the greatest compound annual growth rate (CAGR) due to fast economic growth, aging populations, rising rates of chronic illnesses, increased healthcare spending, growing demand for cutting-edge medical technologies in nations like China and India, and expanding healthcare infrastructure. Higher investments in healthcare technology and easier access to advanced medical devices are also major factors propelling the growth of the hospital bed market in the area.
The current report Scope analyzes Hospital Bed Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com
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According to Cognitive Market Research, the global Hospital bed market size was estimated at USD 4215.5 Million, out of which North America held the major market share of more than 40% of the global revenue with a market size of USD 1686.20 million in 2024 and will grow at a compound annual growth rate (CAGR) of 4.2% from 2024 to 2031.
According to Cognitive Market Research, the global Hospital bed market size was estimated at USD 4215.5 Million, out of which Europe held the market share of more than 30% of the global revenue with a market size of USD 1264.65 million in 2024 and will grow at a compound annual growth rate (CAGR) of 4.5% from 2024 to 2031.
According to Cognitive Market Research, the global Hospital bed market size was estimated at USD 4215.5 Million, out of which Asia Pacific held the market share of around 23% of the global revenue with a market size of USD 969.57 million in 2024 and will grow at a compound annual growth rate (CAGR) of 8.0% from 2024 to 2031.
According to Cognitive Market Research, the global Hospital bed market size was estimated at USD 4215.5 Million, out of which Latin America held the market share of around 5% of the global revenue with a market size of USD 210.78 million in 2024 and will grow at a compound annual growth rate (CAGR) of 5.4% from 2024 to 2031.
According to Cognitive Market Research, the global Hospital bed market size was estimated at USD 4215.5 Million, out of which the Middle East and Africa held the major market share of around 2% of the global revenue with a market size of USD 84.31 million in 2024 and will grow at a compound annual growth rate (CAGR) of 5.7% from 2024 to 2031..
Global Hospital Bed Market Report 2025 Edition talks about crucial market insights with the help of segments and sub-segments analysis. In this section, we reveal an in-depth analysis of the key factors influencing Hospital Bed Industry growth. Hospital Bed market has been segmented with the help of its Type Outlook:, Application Outlook: End-user Outlook:, and others. Hospital Bed market analysis helps to understand key industry segments, and their global, regional, and country-level insights. Furthermore, this analysis also provides information pertaining to segments that are going to be most lucrative in the near future and their expected growth rate and future market opportunities. The report also provides detailed insights into factors responsible for the positive or negative growth of each industry segment.
How are Segments Performing in the Global Hospital Bed Market?
According to Cognitive Market Research, electric beds hospital beds are likely to dominate the hospital bed market over the forecast period. This is because they improve caregiver productivity, provide better patient comfort and adaptability, and easily interface with cutting-edge medical technology. Additionally, they are greatly desired because of their capacity to support a variety of medical demands, enhance patient outcomes, and lower the risk of injury. The growing need for automated and intelligent healthcare solutions also fuels the need for electric beds.
The semi-electric beds are the fastest-growing segment in the hospital bed market because they provide versatility and convenience of use by combining electronic and manual functions. Because they are less expensive than fully electrified beds, a greater variety of healthcare facilities can use them. Furthermore, their increased patient comfort and energy efficiency also satisfy a variety of medical requirements, which promotes broad adoption, which in turn is expanding the hospital bed market.
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According to Cognitive Market Research, the intensive care beds segment holds the largest share of the market due to the urgent demand for cutting-edge medical assistance in intensive care units. Furthermore, these beds provide specialized characteristics that are necessary for managing severe patient conditions, such as improved monitoring, precise adjustability, and integrated life-support systems. High demand is also fueled by the growing number of critical illnesses and ICU capabilities, which supports their market expansion.
In the hospital bed market, the non-intensive care beds sector has been expanding at a rapid pace due to the growing need for general patient care, the expansion of medical institutions, the rise in home healthcare services, the focus on patient mobility and comfort, the fact that they are more affordable than intensive care unit beds, and the development of bed technology that can accommodate a greater variety of medical requirements.
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According to Cognitive Market Research, the elderly care facilities hospital bed segment holds the largest share of the market. This is due to the aging population’s rapid growth and the rising incidence of chronic ailments in older people. Additionally, specialized beds that promote movement, improve comfort, and cater to particular medical requirements are in high demand. The domination of this category is also driven by the growth of senior care facilities and a heightened emphasis on enhancing the quality of life for older people, which fuels their market growth.
In the hospital bed market, the hospitals have been growing due to the growing need for cutting-edge medical technologies, the expansion of healthcare facilities, the rise in patient admissions, government investments in healthcare infrastructure, and the continuous need for high-quality patient care. The need for hospital beds is also fueled by the aging of the population and the rise of chronic illnesses.
According to Cognitive Market Research, acute care beds are likely to dominate the hospital bed market over the forecast period. This is because of the growth of hospital infrastructure, the rise of acute medical illnesses, and improvements in critical care technologies. Furthermore, increased healthcare investments, better patient outcomes, and growing demand for specialized patient care all contribute to the expansion of acute care beds and guarantee their market-leading position.
Long-term care beds hospital beds are the fastest-growing segment in the hospital bed market. Due to the growing number of chronic illnesses, the aging of the world’s population, and the expansion of home healthcare services. In addition to improvements in bed technology designed for extended care requirements, there is an increasing focus on patient comfort and movement.
Research Associate at Cognitive Market Research
Anushka Gore is a seasoned market researcher specializing in the dynamic landscape of the Pharmaceutical industry. With a keen analytical mind and a deep passion for healthcare advancements, she has dedicated herself unraveling the intricate market trends and consumer behaviors that shape the future of medical technologies and services.
Anushka Gore is a seasoned market researcher specializing in the dynamic landscape of the medical devices & consumables industry. She has dedicated herself unraveling the intricate market trends and consumer behaviors that shape the future of medical technologies and services. Her expertise in Market Research and business intelligence has equipped her with the skills necessary to analyze complex information and provide strategic recommendations.
In her current role, Anushka is a highly motivated and detail-oriented research analyst with a passion for uncovering valuable insights from data. She thrives in dynamic environments where her analytical abilities and research expertise can contribute to informed decision-making for businesses. Her collaborative approach facilitated effective communication of insights, fostering a data-driven culture within the organization.Anushka remains an invaluable asset in the dynamic landscape of market research.
Conclusion
Please note, we have not disclose, all the sources consulted/referred during a market study due to confidentiality and paid service concern. However, rest assured that upon purchasing the service or paid report version, we will release the comprehensive list of sources along with the complete report and we also provide the data support where you can intract with the team of analysts who worked on the report.
Disclaimer:
Type Outlook: | Electric Beds, Semi-electric Beds, Manual Beds |
Application Outlook: | Intensive Care Beds, Non-intensive Care Beds |
End-user Outlook: | Hospitals, Home Care Settings, Elderly Care Facilities, Ambulatory Surgical Centers, Others (Clinics, Nursing Homes, etc.) |
Usage Outlook: | Acute Care Beds, Psychiatric Care Beds, Long-term Care Beds, Other Beds (Maternity and Bariatric Beds) |
List of Competitors | Stryker Corporation, Invacare Corporation, PARAMOUNT BED CO. LTD., Medline Industries Inc., Baxter International (Hillrom) |
This chapter will help you gain GLOBAL Market Analysis of Hospital Bed. Further deep in this chapter, you will be able to review Global Hospital Bed Market Split by various segments and Geographical Split.
Chapter 1 Global Market Analysis
Global Market has been segmented on the basis 5 major regions such as North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America.
You can purchase only the Executive Summary of Global Market (2019 vs 2024 vs 2031)
Global Market Dynamics, Trends, Drivers, Restraints, Opportunities, Only Pointers will be deliverable
This chapter will help you gain North America Market Analysis of Hospital Bed. Further deep in this chapter, you will be able to review North America Hospital Bed Market Split by various segments and Country Split.
Chapter 2 North America Market Analysis
This chapter will help you gain Europe Market Analysis of Hospital Bed. Further deep in this chapter, you will be able to review Europe Hospital Bed Market Split by various segments and Country Split.
Chapter 3 Europe Market Analysis
This chapter will help you gain Asia Pacific Market Analysis of Hospital Bed. Further deep in this chapter, you will be able to review Asia Pacific Hospital Bed Market Split by various segments and Country Split.
Chapter 4 Asia Pacific Market Analysis
This chapter will help you gain South America Market Analysis of Hospital Bed. Further deep in this chapter, you will be able to review South America Hospital Bed Market Split by various segments and Country Split.
Chapter 5 South America Market Analysis
This chapter will help you gain Middle East Market Analysis of Hospital Bed. Further deep in this chapter, you will be able to review Middle East Hospital Bed Market Split by various segments and Country Split.
Chapter 6 Middle East Market Analysis
This chapter will help you gain Middle East Market Analysis of Hospital Bed. Further deep in this chapter, you will be able to review Middle East Hospital Bed Market Split by various segments and Country Split.
Chapter 7 Africa Market Analysis
This chapter provides an in-depth analysis of the market share among key competitors of Hospital Bed. The analysis highlights each competitor's position in the market, growth trends, and financial performance, offering insights into competitive dynamics, and emerging players.
Chapter 8 Competitor Analysis (Subject to Data Availability (Private Players))
(Subject to Data Availability (Private Players))
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
This chapter would comprehensively cover market drivers, trends, restraints, opportunities, and various in-depth analyses like industrial chain, PESTEL, Porter’s Five Forces, and ESG, among others. It would also include product life cycle, technological advancements, and patent insights.
Chapter 9 Qualitative Analysis (Subject to Data Availability)
Segmentation Type Outlook: Analysis 2019 -2031, will provide market size split by Type Outlook:. This Information is provided at Global Level, Regional Level and Top Countries Level The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 10 Market Split by Type Outlook: Analysis 2021 - 2033
The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 11 Market Split by Application Outlook: Analysis 2021 - 2033
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Chapter 12 Market Split by End-user Outlook: Analysis 2021 - 2033
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Chapter 13 Market Split by Usage Outlook: Analysis 2021 - 2033
This chapter helps you understand the Key Takeaways and Analyst Point of View of the global Hospital Bed market
Chapter 14 Research Findings
Here the analyst will summarize the content of entire report and will share his view point on the current industry scenario and how the market is expected to perform in the near future. The points shared by the analyst are based on his/her detailed in-depth understanding of the market during the course of this report study. You will be provided exclusive rights to interact with the concerned analyst for unlimited time pre purchase as well as post purchase of the report.
Chapter 15 Research Methodology and Sources
Why Electric Beds have a significant impact on Hospital Bed market? |
What are the key factors affecting the Electric Beds and Semi-electric Beds of Hospital Bed Market? |
What is the CAGR/Growth Rate of Intensive Care Beds during the forecast period? |
By type, which segment accounted for largest share of the global Hospital Bed Market? |
Which region is expected to dominate the global Hospital Bed Market within the forecast period? |