Global Hospital Beds Market to Reach US$6.9 Billion by 2030

The global market for Hospital Beds estimated at US$4.7 Billion in the year 2024, is expected to reach US$6.9 Billion by 2030, growing at a CAGR of 6.6% over the analysis period 2024-2030. General Purpose, one of the segments analyzed in the report, is expected to record a 7.7% CAGR and reach US$3.5 Billion by the end of the analysis period. Growth in the Pressure Relief segment is estimated at 5.7% CAGR over the analysis period.

The U.S. Market is Estimated at US$1.1 Billion While China is Forecast to Grow at 8.7% CAGR

The Hospital Beds market in the U.S. is estimated at US$1.1 Billion in the year 2024. China, the world`s second largest economy, is forecast to reach a projected market size of US$934.2 Million by the year 2030 trailing a CAGR of 8.7% over the analysis period 2024-2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at a CAGR of 4.7% and 6.6% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 6.0% CAGR.

Global Hospital Beds Market - Key Trends & Drivers Summarized

Hospital beds are a fundamental component of healthcare infrastructure, providing essential support for patient care in hospitals, clinics, and home care settings. These beds are designed to offer comfort, safety, and functionality, with features such as adjustable heights, side rails, and specialized mattresses to prevent pressure ulcers. Hospital beds come in various types, including manual, semi-electric, and fully electric beds, each catering to different levels of patient need and care environments. The integration of advanced technologies in hospital beds has enhanced patient outcomes and caregiver efficiency, making them indispensable in modern healthcare facilities.

The design and functionality of hospital beds have evolved significantly over the years. Modern hospital beds are equipped with features such as electronic controls for adjusting bed positions, integrated weighing scales, and advanced pressure-relief mattresses. Some beds are designed specifically for critical care, offering features like cardiopulmonary resuscitation (CPR) positioning and integrated monitoring systems. The advent of smart hospital beds, which can communicate with other medical devices and healthcare information systems, has further revolutionized patient care by enabling continuous monitoring and data collection, thus enhancing the quality of care and patient safety.

The growth in the hospital beds market is driven by several factors. The increasing prevalence of chronic diseases and the rising number of surgical procedures have led to a higher demand for hospital beds in healthcare facilities. Technological advancements, such as the development of smart beds with integrated monitoring systems and electronic controls, are enhancing the functionality and appeal of modern hospital beds. The aging population and the associated increase in long-term care needs are also significant drivers, as more elderly patients require specialized hospital beds for extended care. Additionally, the ongoing expansion of healthcare infrastructure, particularly in emerging economies, is boosting the demand for hospital beds. The shift towards home healthcare and the growing trend of medical tourism are further contributing to the market`s growth by increasing the need for versatile and advanced hospital bed solutions.