Medical Beds Market

Executive Summary

Medical Beds Market was valued at US $3.85 billion in 2021 and is projected to grow at 4.44% CAGR over the forecast period to reach US $5.00 billion by 2027. Medical Beds Market represented US $0.32 billion opportunity over 2019-2021 and estimated to create US $1.15 billion opportunity in 2027 over 2021.

Medical Beds from Consainsights analyses the Medical Beds Market in the Life Sciences industry over the forecast period to 2027.

Medical Beds research report from Consainsights outlines the detailed strategic analysis, trends, market opportunities, growth prospects, industry and market challenges and sustainable solutions to sustain in the competitive environment.

Medical Beds segmentation includes Type, Usage, Application, End-User and Geography.

Based on the Type, the Medical Beds analysis covers Electric Medical Beds, Semi-Electric Medical Beds, Manual Medical Beds.

In Type segment, Electric Medical Beds segment has highest cagr growth of 3.94%.

Based on the Usage, the Medical Beds analysis covers Longterm Care, Acute Care, Maternity, Others.

In Usage segment, Longterm Care segment has highest cagr growth of 3.94%.

Based on the Application, the Medical Beds analysis covers Non-Intesive Care, Intensive Care.

In Application segment, Non-Intesive Care segment has highest cagr growth of 3.94%.

Based on the End-User, the Medical Beds analysis covers Hospitals, Homecare, Others.

In End-User segment, Hospitals segment has highest cagr growth of 3.94%.

Based on the region, the Medical Beds analysis covers North America, Europe, Asia-Pacific, Middle-East & Africa, Latin America.

Key companies operating in the market include Hill-Rom Services Inc., Stryker Corporation, Invacare Corporation, PARAMOUNT BED CO., LTD., Medline Industries, Inc., Joh. Stiegelmeyer GmbH & Co. KG, Gendron Inc., ARJO, Joerns Healthcare LLC., Linet and so on. This report covers the detailed analysis of the company profiles such as business segments, product portfolio, key brand insights and growth strategies adopted, company SWOT and Strategy analysis along with the financial analysis and analyst insights on the key companies operating in this market.

Market Overview

Definition & Scope

The base currency considered was the US Dollar (USD). Conversion of other currencies to USD was considered on the basis of the average exchange rate for the respective review-period years. The exchange rate conversion for forecast period was determined according to the base year’s conversion rates.

The base year was identified based on the availability of annual reports and secondary information. The base year considered for this study is 2027.

The review period considered for this study is from 2018-2027. The CAGR is for the forecast period, 2022-2027.

Market size estimations for the forecast years were in real terms. Inflation is not part of the pricing, and the average selling price (ASP) was kept constant throughout the forecast period for each country.

Distribution of primary interviews conducted was based on the regional share of the market and the presence of key players in each region.

As a result of data triangulation through multiple methodologies and approaches, the weighted averages of resulting estimates were considered to be the final values.

Currency, Year & Forecast

The currency used in this report is USD, with the market size indicated in terms of USD million/billion.

For companies reporting their revenues in USD, the revenues were taken from their respective annual reports/SEC filings.

For companies reporting their revenues in other currencies, the average annual currency conversion rates were used for a particular year to convert the value to USD Market Definition.

Type

Introduction

In 2021, Electric Medical Beds segment has the highest revenue of US $2.04 billion and is expected to grow at CAGR of 3.94% by 2027 Electric Medical Beds segment has highest cagr growth of 3.94%.

Electric Medical Beds

Electric Medical Beds segment was valued at US $1.87 billion in 2019 and is projected to grow at 3.94% CAGR over the forecast period to reach US $2.65 billion by 2027. Electric Medical Beds segment represented US $0.17 billion opportunity over 2019-2021 and estimated to create US $0.61 billion opportunity in 2027 over 2021.

Semi-Electric Medical Beds

Semi-Electric Medical Beds segment was valued at US $1.44 billion in 2019 and is projected to grow at 3.94% CAGR over the forecast period to reach US $2.04 billion by 2027. Semi-Electric Medical Beds segment represented US $0.13 billion opportunity over 2019-2021 and estimated to create US $0.47 billion opportunity in 2027 over 2021.

Manual Medical Beds

Manual Medical Beds segment was valued at US $0.22 billion in 2019 and is projected to grow at 3.94% CAGR over the forecast period to reach US $0.31 billion by 2027. Manual Medical Beds segment represented US $0.02 billion opportunity over 2019-2021 and estimated to create US $0.07 billion opportunity in 2027 over 2021.

Usage

Introduction

In 2021, Longterm Care segment has the highest revenue of US $1.76 billion and is expected to grow at CAGR of 3.94% by 2027 Longterm Care segment has highest cagr growth of 3.94%.

Longterm Care

Longterm Care segment was valued at US $1.61 billion in 2019 and is projected to grow at 3.94% CAGR over the forecast period to reach US $2.29 billion by 2027. Longterm Care segment represented US $0.15 billion opportunity over 2019-2021 and estimated to create US $0.52 billion opportunity in 2027 over 2021.

Acute Care

Acute Care segment was valued at US $1.07 billion in 2019 and is projected to grow at 3.94% CAGR over the forecast period to reach US $1.52 billion by 2027. Acute Care segment represented US $0.10 billion opportunity over 2019-2021 and estimated to create US $0.35 billion opportunity in 2027 over 2021.

Maternity

Maternity segment was valued at US $0.63 billion in 2019 and is projected to grow at 3.94% CAGR over the forecast period to reach US $0.89 billion by 2027. Maternity segment represented US $0.06 billion opportunity over 2019-2021 and estimated to create US $0.20 billion opportunity in 2027 over 2021.

Others

Others segment was valued at US $0.22 billion in 2019 and is projected to grow at 3.94% CAGR over the forecast period to reach US $0.31 billion by 2027. Others segment represented US $0.02 billion opportunity over 2019-2021 and estimated to create US $0.07 billion opportunity in 2027 over 2021.

Application

Introduction

In 2021, Intensive Care segment has the highest revenue of US $1.95 billion and is expected to grow at CAGR of 3.94% by 2027 Non-Intesive Care segment has highest cagr growth of 3.94%.

Non-Intesive Care

Non-Intesive Care segment was valued at US $1.75 billion in 2019 and is projected to grow at 3.94% CAGR over the forecast period to reach US $2.47 billion by 2027. Non-Intesive Care segment represented US $0.16 billion opportunity over 2019-2021 and estimated to create US $0.57 billion opportunity in 2027 over 2021.

Intensive Care

Intensive Care segment was valued at US $1.79 billion in 2019 and is projected to grow at 3.94% CAGR over the forecast period to reach US $2.53 billion by 2027. Intensive Care segment represented US $0.16 billion opportunity over 2019-2021 and estimated to create US $0.58 billion opportunity in 2027 over 2021.

End-User

Introduction

In 2021, Hospitals segment has the highest revenue of US $2.46 billion and is expected to grow at CAGR of 3.94% by 2027 Hospitals segment has highest cagr growth of 3.94%.

Hospitals

Hospitals segment was valued at US $2.26 billion in 2019 and is projected to grow at 3.94% CAGR over the forecast period to reach US $3.20 billion by 2027. Hospitals segment represented US $0.20 billion opportunity over 2019-2021 and estimated to create US $0.73 billion opportunity in 2027 over 2021.

Homecare

Homecare segment was valued at US $1.17 billion in 2019 and is projected to grow at 3.94% CAGR over the forecast period to reach US $1.65 billion by 2027. Homecare segment represented US $0.11 billion opportunity over 2019-2021 and estimated to create US $0.38 billion opportunity in 2027 over 2021.

Others

Others segment was valued at US $0.11 billion in 2019 and is projected to grow at 3.94% CAGR over the forecast period to reach US $0.15 billion by 2027. Others segment represented US $0.01 billion opportunity over 2019-2021 and estimated to create US $0.03 billion opportunity in 2027 over 2021.