Electric Bed Market Share, Development, Trends and Forecast 2030

 

The global electric bed market is on an upward trajectory, projected to be worth approximately US$4.7 billion by 2030, with an impressive compound annual growth rate (CAGR) of 7.2%, according to the latest report from Fairfield Market Research.


Key Trends Fueling Market Growth

The electric bed market is experiencing significant growth, driven by several key trends:

1. Innovations in ICU Beds: Technological advancements in intensive care unit (ICU) beds, including advanced monitoring systems, integrated electronic health records, and smart bed designs, are enhancing patient safety, comfort, and overall treatment efficacy. Automation in patient positioning, pressure redistribution, and remote monitoring capabilities are improving healthcare outcomes.

2. Increasing Number of Beds in Private Hospitals: Private healthcare facilities are investing in premium medical equipment, including electric beds, to offer enhanced patient comfort and advanced features. This trend is driven by the growing demand for private healthcare services and state-of-the-art medical equipment, contributing significantly to market growth.

3. Growth of Homecare: The rising trend of homecare is boosting the electric bed market, with individuals seeking healthcare services at home. Electric beds with adjustable features, remote controls, and enhanced accessibility are in high demand, especially following the COVID-19 pandemic, which accelerated the importance of homecare solutions.

Challenges and Opportunities

Despite the positive growth outlook, the electric bed market faces some challenges, including the low adoption rate in home healthcare settings and declining bed numbers in public hospitals. However, opportunities abound with the integration of Internet of Things (IoT) technology, telehealth compatibility, and enhanced patient monitoring, offering promising avenues for market expansion.

Regulatory Framework

The electric bed market is subject to stringent regulations to ensure safety, quality, and effectiveness. Regulatory bodies such as the Food and Drug Administration (FDA) in the United States and the European Medicines Agency (EMA) in Europe establish guidelines and standards for electric beds, covering design, production, labeling, and safety requirements.

Top Segments

In the electric bed market, semi-automatic electric beds lead in terms of market share due to their affordability and versatility. These beds offer essential motorized adjustments, enhancing patient comfort, and are accessible to a broader range of healthcare facilities. Meanwhile, fully automatic electric beds are experiencing the highest CAGR due to their advanced features and the growing demand for patient-centric healthcare.

General beds find extensive use in hospitals and long-term care facilities, catering to diverse patient needs and medical conditions, solidifying their dominant position in the market. On the other hand, intensive care bed applications are experiencing the fastest CAGR, driven by the critical nature of intensive care units (ICUs) and the increasing demand for sophisticated features in patient care.

Regional Leadership

North America remains at the forefront of the electric bed market, boasting a well-established healthcare infrastructure, technological advancements, and a growing ageing population with increasing healthcare needs. The Asia Pacific region is witnessing the fastest CAGR, driven by a burgeoning population, rising healthcare investments, and improving healthcare infrastructure.

Top Market Players

Leading companies in the global electric bed market include Hill-Rom Holdings, Inc., Stryker Corporation, Invacare Corporation, LINET Group SE, Joerns Healthcare, Getinge AB, Paramount Bed Holdings Co., Ltd., Drive DeVilbiss Healthcare, Gendron Inc., Span-America Medical Systems, Inc., Transfer Master Products, Inc., Medline Industries, Inc., Merivaara Corporation, Stiegelmeyer GmbH & Co. KG, and Arjo AB.

Global electric bed Industry Analysis, Size, Share, Growth, Trends, Regional Outlook, and Forecast 2023-2030 - (By Operation Coverage, By Application Coverage, By End User Coverage, By Geographic Coverage and By Company):
https://www.fairfieldmarketresearch.com/report/electric-bed-market

 

Our Related Report:

Electric Bed Market

https://www.linkedin.com/pulse/electric-bed-market-trends-size-analysis-forecast-chhavi-rajawat-o4ehf

 

About Us

Fairfield Market Research is a UK-based market research provider. Fairfield offers a wide spectrum of services, ranging from customized reports to consulting solutions. With a strong European footprint, Fairfield operates globally and helps businesses navigate through business cycles, with quick responses and multi-pronged approaches. The company values an eye for insightful take on global matters, ably backed by a team of exceptionally experienced researchers. With a strong repository of syndicated market research reports that are continuously published & updated to ensure the ever-changing needs of customers are met with absolute promptness.

 

Contact

Fairfield Market Research

London, UK

UK +44 (0)20 30025888   

USA (Toll-free) +1 (844) 3829746 

Web: https://www.fairfieldmarketresearch.com/

Email: sales@fairfieldmarketresearch.com

LinkedIn | Twitter 

Comments

Post a Comment

Popular posts from this blog

Vibrating Mesh Nebulizer Market Share, Development, Trends and Forecast 2030

Image
The global market for vibrating mesh nebulizers, valued at approximately US$0.3 billion in 2022, is poised for remarkable growth, with projections indicating it will reach US$0.7 billion by the end of 2030. This significant expansion is anticipated to occur at a Compound Annual Growth Rate (CAGR) of 9% between 2023 and 2030, according to a comprehensive report by Fairfield Market Research, a leading market research and analysis firm. Key Trends Fueling Market Growth : Portable Mesh Nebulizers on the Rise: The adoption of portable mesh nebulizers is a driving force behind the expansion of the vibrating mesh nebulizer market. Portable devices offer convenience, ease of use, and improved portability, making them the preferred choice for patients with respiratory conditions. Rapid Technological Advancements: Continuous and wide-ranging technological advancements are propelling the market forward. Innovations in materials, microelectronics, and fluid dynamics have led to smaller, more ef...
Read more

Post-Consumer Recycled Plastic Packaging Market Share, Development, Trends and Forecast 2030

Image
  The global post-consumer recycled plastic packaging market is poised for remarkable growth, with projections indicating a substantial increase from approximately US$48 billion in 2023 to an estimated US$82.49 billion by 2030. This impressive growth is expected to be driven by several key factors, including a growing emphasis on nature conservation, cost reduction, and sustainability. The market is projected to witness an impressive compound annual growth rate (CAGR) of 7% over the period from 2023 to 2030. Key Trends Fueling Market Growth Sustainability Takes Center Stage : A heightened focus on sustainability and resource conservation is a primary driver of growth in the post-consumer recycled plastic packaging market. As environmental awareness continues to grow among consumers and businesses, there is an increased demand for recycling solutions and eco-friendly alternatives to conventional packaging. Government Regulations Spur Recycling : Government policies and regulations,...
Read more

Dark Fiber Network Market Share, Development, Trends and Forecast 2030

Image
  The global dark fiber network market is poised for remarkable growth, with projections indicating that it will surpass a valuation of $13 billion by the end of 2030. According to a comprehensive forecast, the market is anticipated to experience a robust Compound Annual Growth Rate (CAGR) of 9.8% during the forecast period from 2023 to 2030. Dark fiber networks, characterized by unused optical fiber strands, have emerged as a critical resource for organizations seeking to build resilient, high-capacity, and future-proofed network infrastructures. Key drivers propelling the market forward include: Rapid Expansion of 5G Networks: The deployment of 5G networks demands high capacity and low-latency connectivity, a requirement that dark fiber networks are uniquely positioned to fulfill. With the increasing adoption of 5G technology, the demand for dark fiber networks has surged as they provide the necessary infrastructure to support the data-intensive demands of applications like aut...
Read more