Emergency Beds Market Size 2031 | Drivers and Opportunities
The Emergency Beds Market is expected to register a CAGR of 4.3% from 2023 to 2031, with a market size expanding from US$ XX million in 2023 to US$ XX Million by 2031.
The report is segmented by Type (Electric, Manual, Hydraulic). Futher, it is segmented based on End User (Hospitals and Clinics, Ambulatory Surgical Centers, Others). The global analysis is further broken-down at regional level and major countries. The report offers the value in USD for the above analysis and segments.
Purpose of the ReportThe report Emergency Beds Market by The Insight Partners aims to describe the present landscape and future growth, top driving factors, challenges, and opportunities. This will provide insights to various business stakeholders, such as:
- Technology Providers/Manufacturers: To understand the evolving market dynamics and know the potential growth opportunities, enabling them to make informed strategic decisions.
- Investors: To conduct a comprehensive trend analysis regarding the market growth rate, market financial projections, and opportunities that exist across the value chain.
- Regulatory bodies: To regulate policies and police activities in the market with the aim of minimizing abuse, preserving investor trust and confidence, and upholding the integrity and stability of the market.
Emergency Beds Market Segmentation
Type- Electric
- Manual
- Hydraulic
- Hospitals and Clinics
- Ambulatory Surgical Centers
- Others
Strategic Insights
Emergency Beds Market Growth Drivers- Incidence of Emergencies: In reference to the incidence of emergencies, it encompasses accidents, natural disasters, and health crises. As a matter of fact, incidences of such emergencies form one of the most potent drivers in the market for emergency beds. Due to this surge in incidence, healthcare facilities are witnessing a hike in patient count that requires them to install more emergency beds to accommodate that number of patients. In turn, this aids in fueling growth in the market while concurrently demanding the creation of improved bed solutions.
- Elderly Population: The increasing demand for emergency beds is due to the aging world. Older adults are prone to having a disease or medical condition that may require immediate treatment by medical practitioners. This development requires health institutions to invest in better services in emergency care, such as specialized emergency beds.
- Technology Advancements: Medical technology innovations, for example, smart emergency beds equipped with monitoring capabilities and flexible adjustment features, are driving the growth of the market. Such innovations enhance patient care and boost efficiency in delivering emergency care; the hospitals become even more eager to invest in state-of-the-art emergency bed solutions.
- Integration of Smart Technologies: Integration of smart technologies in emergency beds will soon be on the rise. Its developed features, ranging from real-time monitoring to adjustments and information connectivity with the hospital's information systems, are focused on patient care enhancement and efficiency in operations. This is expected to make high-efficiency services and patient outcomes highly heightened.
- Focus on Patient-Centric Designs: Emergency bed manufacturers pay much importance to patient-centric designs now. This includes comfort, accessibility, and ease of use in order to make the experience for patients during emergencies comfortable and satisfactory. This may be in line with a more comprehensive approach toward the betterment of patients' satisfaction and outcomes in hospitals and healthcare organizations.
- Personalization and Modularity: The demands for customization and modularity of emergency beds are increasing day by day. In respect to the changing needs of patients, healthcare providers require beds that can be customized to cater to specific patient needs and easily reconfigured in cases of changing emergency scenarios. This trend thus allows better flexibility and efficiency in emergency care settings.
- Rising Healthcare Expenditure: The rising healthcare expenditure around the world is another major factor that is pushing up the emergency beds market. Increased health care infrastructures and hospitals are being spent as the private and government sectors are investing more in health infrastructure. More Patients and More Emergency Beds This means that more patients could be managed efficiently because of the imperative and redundant provision of emergency beds.
- Expansion into Emerging Markets: Emerging economies are the major contributors to significant growth in this emergency beds market. As healthcare structures begin to gain momentum in emerging geographies, the demand for emergency care solutions is increasing in these regions. Companies can further leverage this trend by providing accessible and novel emergency bed products responsive to local requirements.
- Multi-Functional Beds: Such multi-functional emergency beds can be utilized as a use case to open up new markets. Optimizing emergency treatment recoveries as multi-use platforms allows healthcare facilities to better save, optimize space and resources in the improvement of patient care throughout the various stages of treatment.
Market Report Scope
Key Selling Points
- Comprehensive Coverage: The report comprehensively covers the analysis of products, services, types, and end users of the Emergency Beds Market, providing a holistic landscape.
- Expert Analysis: The report is compiled based on the in-depth understanding of industry experts and analysts.
- Up-to-date Information: The report assures business relevance due to its coverage of recent information and data trends.
- Customization Options: This report can be customized to cater to specific client requirements and suit the business strategies aptly.
The research report on the Emergency Beds Market can, therefore, help spearhead the trail of decoding and understanding the industry scenario and growth prospects. Although there can be a few valid concerns, the overall benefits of this report tend to outweigh the disadvantages.
REGIONAL FRAMEWORK
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Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
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to segments covered.
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
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to country scope.
Frequently Asked Questions
The major factors driving the emergency beds market are:
1. Incidence of Emergencies.
2. Growing Elderly Population.
The emergency beds market is expected to grow at a CAGR of 4.3%.
Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2023 - 2031).
North America region accounts for highest revenue share in emergency beds market.
The final report will duly include market size and projection estimates for all the segments from 2021 to 2031, along with a revenue share and compound annual growth rate (%) for the regional/country-wise market wherein 2021-2022 are the historic years, 2023 is considered to be the base year, and the forecast will be provided till 2031, along with CAGR (%).
Stryker, ALVO Medical, and VeriCor are the major companies operating in the emergency beds market.
1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1 Emergency Beds Market - By Type
1.3.2 Emergency Beds Market - By End User
1.3.3 Emergency Beds Market - By Region
1.3.3.1 By Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. EMERGENCY BEDS MARKET LANDSCAPE
4.1. OVERVIEW
4.2. PEST ANALYSIS
4.2.1 North America - Pest Analysis
4.2.2 Europe - Pest Analysis
4.2.3 Asia-Pacific - Pest Analysis
4.2.4 Middle East and Africa - Pest Analysis
4.2.5 South and Central America - Pest Analysis
4.3. EXPERT OPINIONS
5. EMERGENCY BEDS MARKET - KEY MARKET DYNAMICS
5.1. KEY MARKET DRIVERS
5.2. KEY MARKET RESTRAINTS
5.3. KEY MARKET OPPORTUNITIES
5.4. FUTURE TRENDS
5.5. IMPACT ANALYSIS OF DRIVERS AND RESTRAINTS
6. EMERGENCY BEDS MARKET - GLOBAL MARKET ANALYSIS
6.1. EMERGENCY BEDS - GLOBAL MARKET OVERVIEW
6.2. EMERGENCY BEDS - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING/MARKET SHARE
7. EMERGENCY BEDS MARKET - REVENUE AND FORECASTS TO 2028 - TYPE
7.1. OVERVIEW
7.2. TYPE MARKET FORECASTS AND ANALYSIS
7.3. ELECTRIC
7.3.1. Overview
7.3.2. Electric Market Forecast and Analysis
7.4. MANUAL
7.4.1. Overview
7.4.2. Manual Market Forecast and Analysis
7.5. HYDRAULIC
7.5.1. Overview
7.5.2. Hydraulic Market Forecast and Analysis
8. EMERGENCY BEDS MARKET - REVENUE AND FORECASTS TO 2028 - END USER
8.1. OVERVIEW
8.2. END USER MARKET FORECASTS AND ANALYSIS
8.3. HOSPITALS AND CLINICS
8.3.1. Overview
8.3.2. Hospitals and Clinics Market Forecast and Analysis
8.4. AMBULATORY SURGICAL CENTERS
8.4.1. Overview
8.4.2. Ambulatory Surgical Centers Market Forecast and Analysis
8.5. OTHERS
8.5.1. Overview
8.5.2. Others Market Forecast and Analysis
9. EMERGENCY BEDS MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
9.1. NORTH AMERICA
9.1.1 North America Emergency Beds Market Overview
9.1.2 North America Emergency Beds Market Forecasts and Analysis
9.1.3 North America Emergency Beds Market Forecasts and Analysis - By Type
9.1.4 North America Emergency Beds Market Forecasts and Analysis - By End User
9.1.5 North America Emergency Beds Market Forecasts and Analysis - By Countries
9.1.5.1 United States Emergency Beds Market
9.1.5.1.1 United States Emergency Beds Market by Type
9.1.5.1.2 United States Emergency Beds Market by End User
9.1.5.2 Canada Emergency Beds Market
9.1.5.2.1 Canada Emergency Beds Market by Type
9.1.5.2.2 Canada Emergency Beds Market by End User
9.1.5.3 Mexico Emergency Beds Market
9.1.5.3.1 Mexico Emergency Beds Market by Type
9.1.5.3.2 Mexico Emergency Beds Market by End User
9.2. EUROPE
9.2.1 Europe Emergency Beds Market Overview
9.2.2 Europe Emergency Beds Market Forecasts and Analysis
9.2.3 Europe Emergency Beds Market Forecasts and Analysis - By Type
9.2.4 Europe Emergency Beds Market Forecasts and Analysis - By End User
9.2.5 Europe Emergency Beds Market Forecasts and Analysis - By Countries
9.2.5.1 Germany Emergency Beds Market
9.2.5.1.1 Germany Emergency Beds Market by Type
9.2.5.1.2 Germany Emergency Beds Market by End User
9.2.5.2 France Emergency Beds Market
9.2.5.2.1 France Emergency Beds Market by Type
9.2.5.2.2 France Emergency Beds Market by End User
9.2.5.3 Italy Emergency Beds Market
9.2.5.3.1 Italy Emergency Beds Market by Type
9.2.5.3.2 Italy Emergency Beds Market by End User
9.2.5.4 Spain Emergency Beds Market
9.2.5.4.1 Spain Emergency Beds Market by Type
9.2.5.4.2 Spain Emergency Beds Market by End User
9.2.5.5 United Kingdom Emergency Beds Market
9.2.5.5.1 United Kingdom Emergency Beds Market by Type
9.2.5.5.2 United Kingdom Emergency Beds Market by End User
9.2.5.6 Rest of Europe Emergency Beds Market
9.2.5.6.1 Rest of Europe Emergency Beds Market by Type
9.2.5.6.2 Rest of Europe Emergency Beds Market by End User
9.3. ASIA-PACIFIC
9.3.1 Asia-Pacific Emergency Beds Market Overview
9.3.2 Asia-Pacific Emergency Beds Market Forecasts and Analysis
9.3.3 Asia-Pacific Emergency Beds Market Forecasts and Analysis - By Type
9.3.4 Asia-Pacific Emergency Beds Market Forecasts and Analysis - By End User
9.3.5 Asia-Pacific Emergency Beds Market Forecasts and Analysis - By Countries
9.3.5.1 Australia Emergency Beds Market
9.3.5.1.1 Australia Emergency Beds Market by Type
9.3.5.1.2 Australia Emergency Beds Market by End User
9.3.5.2 China Emergency Beds Market
9.3.5.2.1 China Emergency Beds Market by Type
9.3.5.2.2 China Emergency Beds Market by End User
9.3.5.3 India Emergency Beds Market
9.3.5.3.1 India Emergency Beds Market by Type
9.3.5.3.2 India Emergency Beds Market by End User
9.3.5.4 Japan Emergency Beds Market
9.3.5.4.1 Japan Emergency Beds Market by Type
9.3.5.4.2 Japan Emergency Beds Market by End User
9.3.5.5 South Korea Emergency Beds Market
9.3.5.5.1 South Korea Emergency Beds Market by Type
9.3.5.5.2 South Korea Emergency Beds Market by End User
9.3.5.6 Rest of Asia-Pacific Emergency Beds Market
9.3.5.6.1 Rest of Asia-Pacific Emergency Beds Market by Type
9.3.5.6.2 Rest of Asia-Pacific Emergency Beds Market by End User
9.4. MIDDLE EAST AND AFRICA
9.4.1 Middle East and Africa Emergency Beds Market Overview
9.4.2 Middle East and Africa Emergency Beds Market Forecasts and Analysis
9.4.3 Middle East and Africa Emergency Beds Market Forecasts and Analysis - By Type
9.4.4 Middle East and Africa Emergency Beds Market Forecasts and Analysis - By End User
9.4.5 Middle East and Africa Emergency Beds Market Forecasts and Analysis - By Countries
9.4.5.1 South Africa Emergency Beds Market
9.4.5.1.1 South Africa Emergency Beds Market by Type
9.4.5.1.2 South Africa Emergency Beds Market by End User
9.4.5.2 Saudi Arabia Emergency Beds Market
9.4.5.2.1 Saudi Arabia Emergency Beds Market by Type
9.4.5.2.2 Saudi Arabia Emergency Beds Market by End User
9.4.5.3 U.A.E Emergency Beds Market
9.4.5.3.1 U.A.E Emergency Beds Market by Type
9.4.5.3.2 U.A.E Emergency Beds Market by End User
9.4.5.4 Rest of Middle East and Africa Emergency Beds Market
9.4.5.4.1 Rest of Middle East and Africa Emergency Beds Market by Type
9.4.5.4.2 Rest of Middle East and Africa Emergency Beds Market by End User
9.5. SOUTH AND CENTRAL AMERICA
9.5.1 South and Central America Emergency Beds Market Overview
9.5.2 South and Central America Emergency Beds Market Forecasts and Analysis
9.5.3 South and Central America Emergency Beds Market Forecasts and Analysis - By Type
9.5.4 South and Central America Emergency Beds Market Forecasts and Analysis - By End User
9.5.5 South and Central America Emergency Beds Market Forecasts and Analysis - By Countries
9.5.5.1 Brazil Emergency Beds Market
9.5.5.1.1 Brazil Emergency Beds Market by Type
9.5.5.1.2 Brazil Emergency Beds Market by End User
9.5.5.2 Argentina Emergency Beds Market
9.5.5.2.1 Argentina Emergency Beds Market by Type
9.5.5.2.2 Argentina Emergency Beds Market by End User
9.5.5.3 Rest of South and Central America Emergency Beds Market
9.5.5.3.1 Rest of South and Central America Emergency Beds Market by Type
9.5.5.3.2 Rest of South and Central America Emergency Beds Market by End User
10. IMPACT OF COVID-19 PANDEMIC ON GLOBAL EMERGENCY BEDS MARKET
10.1 North America
10.2 Europe
10.3 Asia-Pacific
10.4 Middle East and Africa
10.5 South and Central America
11. INDUSTRY LANDSCAPE
11.1. MERGERS AND ACQUISITIONS
11.2. AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
11.3. NEW PRODUCT LAUNCHES
11.4. EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS
12. EMERGENCY BEDS MARKET, KEY COMPANY PROFILES
12.1. STRYKER
12.1.1. Key Facts
12.1.2. Business Description
12.1.3. Products and Services
12.1.4. Financial Overview
12.1.5. SWOT Analysis
12.1.6. Key Developments
12.2. VERICOR, LLC
12.2.1. Key Facts
12.2.2. Business Description
12.2.3. Products and Services
12.2.4. Financial Overview
12.2.5. SWOT Analysis
12.2.6. Key Developments
12.3. ALVO MEDICAL
12.3.1. Key Facts
12.3.2. Business Description
12.3.3. Products and Services
12.3.4. Financial Overview
12.3.5. SWOT Analysis
12.3.6. Key Developments
12.4. SHUTTERSTOCK, INC.
12.4.1. Key Facts
12.4.2. Business Description
12.4.3. Products and Services
12.4.4. Financial Overview
12.4.5. SWOT Analysis
12.4.6. Key Developments
12.5. XIEHE MEDICAL CO., LTD.
12.5.1. Key Facts
12.5.2. Business Description
12.5.3. Products and Services
12.5.4. Financial Overview
12.5.5. SWOT Analysis
12.5.6. Key Developments
12.6. ENIGMA CARE
12.6.1. Key Facts
12.6.2. Business Description
12.6.3. Products and Services
12.6.4. Financial Overview
12.6.5. SWOT Analysis
12.6.6. Key Developments
12.7. MESPA
12.7.1. Key Facts
12.7.2. Business Description
12.7.3. Products and Services
12.7.4. Financial Overview
12.7.5. SWOT Analysis
12.7.6. Key Developments
12.8. FASTBEDS NORTH AMERICA
12.8.1. Key Facts
12.8.2. Business Description
12.8.3. Products and Services
12.8.4. Financial Overview
12.8.5. SWOT Analysis
12.8.6. Key Developments
12.9. INTEGRITY MEDICAL SOLUTIONS
12.9.1. Key Facts
12.9.2. Business Description
12.9.3. Products and Services
12.9.4. Financial Overview
12.9.5. SWOT Analysis
12.9.6. Key Developments
12.10. NOVUM MEDICAL PRODUCTS
12.10.1. Key Facts
12.10.2. Business Description
12.10.3. Products and Services
12.10.4. Financial Overview
12.10.5. SWOT Analysis
12.10.6. Key Developments
13. APPENDIX
13.1. ABOUT THE INSIGHT PARTNERS
13.2. GLOSSARY OF TERMS
1. Stryker
2. VeriCor, LLC
3. ALVO Medical
4. Shutterstock, Inc.
5. xiehe medical Co., Ltd.
6. Enigma Care
7. MESPA
8. Fastbeds North America
9. Integrity Medical Solutions
10. Novum Medical Products
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
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