Medical Surgical Bed Market [2021-2031] - Size, Share
The Medical Surgical Bed Market is expected to register a CAGR of 5.4% 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 (Motorized, Non-motorized). The report further presents analysis based on the Application (Hospital, Clinic). 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 Medical Surgical Bed 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.
Medical Surgical Bed Market Segmentation
Type- Motorized
- Non-motorized
- Hospital
- Clinic
Strategic Insights
Medical Surgical Bed Market Growth Drivers- Heightened Outlay on Healthcare Support Systems: In the developing regions as well is the case with an exceptional trend of an increasing older population, the governments together with the healthcare institutions are allocating more funds into the healthcare systems. This growing number of patients has been attributed to the increasing demand of medical surgical beds. These, and many other, facilities will need quality and durable beds that can serve every kind of patient, simple cases or even those needing intensive care.
- Medical Development and Integration: Day in day out, it is hard to imagine a life devoid of technology especially with the design of medical equipment like beds and this in turn favors the market. Developments in the design and innovations of medical surgical beds have come with great benefits for example, surfaces that relieve pressure, positioning that is adjustable, and motorized upright which all enhance the output and comfort of the patients. This technology also assists in the delivery of quality healthcare since it enables the nurses to have a good view of the patients’ conditions.
- Increasing Incidence of Chronic Conditions and Growth in the Need for Surgical Interventions: The world has also experienced an increase in the chronic sicknesses and thus surgery is in high demand. For instance disorders like diabetes; cancer, and heart-related illnesses have taken their toll on them. Medical surgical beds have purposes in acute and postoperative stages for surgical patients, bedridden patients, and those recovering from severe illnesses. The volume of surgery performed is steadily on the increase, which in turn leads to the increasing demand for medical surgical beds.
- Integration of Smart Technology: As a result of the rapid technological advancements in the contemporary society, there is an increasing demand for typical smart medical surgical beds with inclusion of various smart technologies in them. These beds are more connected with hospital Information system and medical devices. Transforming healthcare facilities are such features as the automatisms for positioning patients, collecting and processing information in real time, as well as the monitoring of patient’s movements in order to prevent them from developing pressure sore. Health-care institutions are looking forward to enhancing their management and care services with the advanced telehealth, telemonitoring and tele-diagnosis systems integrated within the advanced beds.
- Infection Control Measures are Underlined: Due to the increase in the cases of hospital-acquired infections (HAIs), the design of medical beds mitigates the risk of infection by the use of appropriate materials and features. For instance, features such as antimicrobial coated surfaces, easy to clean bed frames as well as high end upholstery that prevents the growth of bacteria and other disease causing microorganisms have become standard. The infection control measures being adopted are equally important in enhancing patient safety and minimizing the costs of care associated with infections.
- Personalization and Age-appropriate Design: There is an increase in the demand for bespoke medical beds that meeting certain patient specification. Beds are being equipped with features geared towards a particular medical need of a patient be it bariatric care, pediatrics or patients who cannot stand. The presence of adjusting components such as backrests, leg rest, and height to wheelchairs makes it easier for caregivers to attend to patients’ generally personalized care hence ensuring better comfort and satisfaction.
- Growth in Home Healthcare Services: The escalating inclination towards home healthcare provides an advantage to the manufacturers of medical surgical beds in terms of increasing home care services. With early patient discharges and the need for continued care afterwards, there is a growing demand for beds that can be modified for domestic purposes. Medical beds for sale may include features such as telemetry, simple operations, and user-friendly designs which can present a potential market to some firms in the medical bed industry.
- Implantable Devices and Patient Monitoring Device Systems: With the increase in telemedicine and the use of remote patient monitoring systems, it is also possible to assimilate medical surgical beds into these systems. Medical beds with embedded sensors to monitor patients ‘vital signs’ and transmission of such data in a timely manner create a possibility of improvement in the quality of care. Better still, this technology is aimed at reducing readmission rates and enhancing the quality of healthcare by providing the necessary data in real time.
- Technological Collaborations and Product Innovation: The medical surgical bed business appears to be a ripe space for new development. Such synergies may result in innovative beds that can incorporate artificial intelligence monitoring systems, self-positioning systems, or systems that protect against decubitus ulcers. There are also good opportunities for growth in developing beds that are designed for a wider scope of medical disorders including psychological, neurological, and musculoskeletal conditions.
Market Report Scope
Key Selling Points
- Comprehensive Coverage: The report comprehensively covers the analysis of products, services, types, and end users of the Medical Surgical Bed 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 Medical Surgical Bed 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.
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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
Players operating in the market are Stryker, Hill-Rom, BiHealthcare, Alvo, Medifa-hesse, STERIS, Skytron, Mizuho, Getinge, UFSK-OSYS
Motorized segment, by Type, dominated the market in 2023.
North America region dominated the Medical Surgical Bed market in 2023.
Implantable Devices and Patient Monitoring Device Systems act as a opportunity for growth of the market in forecast period.
The Medical Surgical Bed Market is estimated to witness a CAGR of 5.4% from 2023 to 2031
The major factors driving the Medical Surgical Bed market are:
1. Heightened Outlay on Healthcare Support Systems
2. Medical Development and Integration
1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1 Medical Surgical Bed Market - By Type
1.3.2 Medical Surgical Bed Market - By Application
1.3.3 Medical Surgical Bed Market - By Region
1.3.3.1 By Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. MEDICAL SURGICAL BED 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. MEDICAL SURGICAL BED 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. MEDICAL SURGICAL BED MARKET - GLOBAL MARKET ANALYSIS
6.1. MEDICAL SURGICAL BED - GLOBAL MARKET OVERVIEW
6.2. MEDICAL SURGICAL BED - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING
7. MEDICAL SURGICAL BED MARKET - REVENUE AND FORECASTS TO 2028 - TYPE
7.1. OVERVIEW
7.2. TYPE MARKET FORECASTS AND ANALYSIS
7.3. MOTORIZED
7.3.1. Overview
7.3.2. Motorized Market Forecast and Analysis
7.4. NON-MOTORIZED
7.4.1. Overview
7.4.2. Non-motorized Market Forecast and Analysis
8. MEDICAL SURGICAL BED MARKET - REVENUE AND FORECASTS TO 2028 - APPLICATION
8.1. OVERVIEW
8.2. APPLICATION MARKET FORECASTS AND ANALYSIS
8.3. HOSPITAL
8.3.1. Overview
8.3.2. Hospital Market Forecast and Analysis
8.4. CLINIC
8.4.1. Overview
8.4.2. Clinic Market Forecast and Analysis
9. MEDICAL SURGICAL BED MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
9.1. NORTH AMERICA
9.1.1 North America Medical Surgical Bed Market Overview
9.1.2 North America Medical Surgical Bed Market Forecasts and Analysis
9.1.3 North America Medical Surgical Bed Market Forecasts and Analysis - By Type
9.1.4 North America Medical Surgical Bed Market Forecasts and Analysis - By Application
9.1.5 North America Medical Surgical Bed Market Forecasts and Analysis - By Countries
9.1.5.1 Canada Medical Surgical Bed Market
9.1.5.1.1 Canada Medical Surgical Bed Market by Type
9.1.5.1.2 Canada Medical Surgical Bed Market by Application
9.1.5.2 Mexico Medical Surgical Bed Market
9.1.5.2.1 Mexico Medical Surgical Bed Market by Type
9.1.5.2.2 Mexico Medical Surgical Bed Market by Application
9.1.5.3 US Medical Surgical Bed Market
9.1.5.3.1 US Medical Surgical Bed Market by Type
9.1.5.3.2 US Medical Surgical Bed Market by Application
9.2. EUROPE
9.2.1 Europe Medical Surgical Bed Market Overview
9.2.2 Europe Medical Surgical Bed Market Forecasts and Analysis
9.2.3 Europe Medical Surgical Bed Market Forecasts and Analysis - By Type
9.2.4 Europe Medical Surgical Bed Market Forecasts and Analysis - By Application
9.2.5 Europe Medical Surgical Bed Market Forecasts and Analysis - By Countries
9.2.5.1 Germany Medical Surgical Bed Market
9.2.5.1.1 Germany Medical Surgical Bed Market by Type
9.2.5.1.2 Germany Medical Surgical Bed Market by Application
9.2.5.2 France Medical Surgical Bed Market
9.2.5.2.1 France Medical Surgical Bed Market by Type
9.2.5.2.2 France Medical Surgical Bed Market by Application
9.2.5.3 Italy Medical Surgical Bed Market
9.2.5.3.1 Italy Medical Surgical Bed Market by Type
9.2.5.3.2 Italy Medical Surgical Bed Market by Application
9.2.5.4 Spain Medical Surgical Bed Market
9.2.5.4.1 Spain Medical Surgical Bed Market by Type
9.2.5.4.2 Spain Medical Surgical Bed Market by Application
9.2.5.5 United Kingdom Medical Surgical Bed Market
9.2.5.5.1 United Kingdom Medical Surgical Bed Market by Type
9.2.5.5.2 United Kingdom Medical Surgical Bed Market by Application
9.2.5.6 Rest of Europe Medical Surgical Bed Market
9.2.5.6.1 Rest of Europe Medical Surgical Bed Market by Type
9.2.5.6.2 Rest of Europe Medical Surgical Bed Market by Application
9.3. ASIA-PACIFIC
9.3.1 Asia-Pacific Medical Surgical Bed Market Overview
9.3.2 Asia-Pacific Medical Surgical Bed Market Forecasts and Analysis
9.3.3 Asia-Pacific Medical Surgical Bed Market Forecasts and Analysis - By Type
9.3.4 Asia-Pacific Medical Surgical Bed Market Forecasts and Analysis - By Application
9.3.5 Asia-Pacific Medical Surgical Bed Market Forecasts and Analysis - By Countries
9.3.5.1 Australia Medical Surgical Bed Market
9.3.5.1.1 Australia Medical Surgical Bed Market by Type
9.3.5.1.2 Australia Medical Surgical Bed Market by Application
9.3.5.2 China Medical Surgical Bed Market
9.3.5.2.1 China Medical Surgical Bed Market by Type
9.3.5.2.2 China Medical Surgical Bed Market by Application
9.3.5.3 India Medical Surgical Bed Market
9.3.5.3.1 India Medical Surgical Bed Market by Type
9.3.5.3.2 India Medical Surgical Bed Market by Application
9.3.5.4 Japan Medical Surgical Bed Market
9.3.5.4.1 Japan Medical Surgical Bed Market by Type
9.3.5.4.2 Japan Medical Surgical Bed Market by Application
9.3.5.5 South Korea Medical Surgical Bed Market
9.3.5.5.1 South Korea Medical Surgical Bed Market by Type
9.3.5.5.2 South Korea Medical Surgical Bed Market by Application
9.3.5.6 Rest of Asia-Pacific Medical Surgical Bed Market
9.3.5.6.1 Rest of Asia-Pacific Medical Surgical Bed Market by Type
9.3.5.6.2 Rest of Asia-Pacific Medical Surgical Bed Market by Application
9.4. MIDDLE EAST AND AFRICA
9.4.1 Middle East and Africa Medical Surgical Bed Market Overview
9.4.2 Middle East and Africa Medical Surgical Bed Market Forecasts and Analysis
9.4.3 Middle East and Africa Medical Surgical Bed Market Forecasts and Analysis - By Type
9.4.4 Middle East and Africa Medical Surgical Bed Market Forecasts and Analysis - By Application
9.4.5 Middle East and Africa Medical Surgical Bed Market Forecasts and Analysis - By Countries
9.4.5.1 South Africa Medical Surgical Bed Market
9.4.5.1.1 South Africa Medical Surgical Bed Market by Type
9.4.5.1.2 South Africa Medical Surgical Bed Market by Application
9.4.5.2 Saudi Arabia Medical Surgical Bed Market
9.4.5.2.1 Saudi Arabia Medical Surgical Bed Market by Type
9.4.5.2.2 Saudi Arabia Medical Surgical Bed Market by Application
9.4.5.3 U.A.E Medical Surgical Bed Market
9.4.5.3.1 U.A.E Medical Surgical Bed Market by Type
9.4.5.3.2 U.A.E Medical Surgical Bed Market by Application
9.4.5.4 Rest of Middle East and Africa Medical Surgical Bed Market
9.4.5.4.1 Rest of Middle East and Africa Medical Surgical Bed Market by Type
9.4.5.4.2 Rest of Middle East and Africa Medical Surgical Bed Market by Application
9.5. SOUTH AND CENTRAL AMERICA
9.5.1 South and Central America Medical Surgical Bed Market Overview
9.5.2 South and Central America Medical Surgical Bed Market Forecasts and Analysis
9.5.3 South and Central America Medical Surgical Bed Market Forecasts and Analysis - By Type
9.5.4 South and Central America Medical Surgical Bed Market Forecasts and Analysis - By Application
9.5.5 South and Central America Medical Surgical Bed Market Forecasts and Analysis - By Countries
9.5.5.1 Brazil Medical Surgical Bed Market
9.5.5.1.1 Brazil Medical Surgical Bed Market by Type
9.5.5.1.2 Brazil Medical Surgical Bed Market by Application
9.5.5.2 Argentina Medical Surgical Bed Market
9.5.5.2.1 Argentina Medical Surgical Bed Market by Type
9.5.5.2.2 Argentina Medical Surgical Bed Market by Application
9.5.5.3 Rest of South and Central America Medical Surgical Bed Market
9.5.5.3.1 Rest of South and Central America Medical Surgical Bed Market by Type
9.5.5.3.2 Rest of South and Central America Medical Surgical Bed Market by Application
10. INDUSTRY LANDSCAPE
10.1. MERGERS AND ACQUISITIONS
10.2. AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
10.3. NEW PRODUCT LAUNCHES
10.4. EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS
11. MEDICAL SURGICAL BED MARKET, KEY COMPANY PROFILES
11.1. STRYKER
11.1.1. Key Facts
11.1.2. Business Description
11.1.3. Products and Services
11.1.4. Financial Overview
11.1.5. SWOT Analysis
11.1.6. Key Developments
11.2. HILL-ROM
11.2.1. Key Facts
11.2.2. Business Description
11.2.3. Products and Services
11.2.4. Financial Overview
11.2.5. SWOT Analysis
11.2.6. Key Developments
11.3. BIHEALTHCARE
11.3.1. Key Facts
11.3.2. Business Description
11.3.3. Products and Services
11.3.4. Financial Overview
11.3.5. SWOT Analysis
11.3.6. Key Developments
11.4. ALVO
11.4.1. Key Facts
11.4.2. Business Description
11.4.3. Products and Services
11.4.4. Financial Overview
11.4.5. SWOT Analysis
11.4.6. Key Developments
11.5. MEDIFA-HESSE
11.5.1. Key Facts
11.5.2. Business Description
11.5.3. Products and Services
11.5.4. Financial Overview
11.5.5. SWOT Analysis
11.5.6. Key Developments
11.6. STERIS
11.6.1. Key Facts
11.6.2. Business Description
11.6.3. Products and Services
11.6.4. Financial Overview
11.6.5. SWOT Analysis
11.6.6. Key Developments
11.7. SKYTRON
11.7.1. Key Facts
11.7.2. Business Description
11.7.3. Products and Services
11.7.4. Financial Overview
11.7.5. SWOT Analysis
11.7.6. Key Developments
11.8. MIZUHO
11.8.1. Key Facts
11.8.2. Business Description
11.8.3. Products and Services
11.8.4. Financial Overview
11.8.5. SWOT Analysis
11.8.6. Key Developments
11.9. GETINGE
11.9.1. Key Facts
11.9.2. Business Description
11.9.3. Products and Services
11.9.4. Financial Overview
11.9.5. SWOT Analysis
11.9.6. Key Developments
11.10. UFSK-OSYS
11.10.1. Key Facts
11.10.2. Business Description
11.10.3. Products and Services
11.10.4. Financial Overview
11.10.5. SWOT Analysis
11.10.6. Key Developments
12. APPENDIX
12.1. ABOUT THE INSIGHT PARTNERS
12.2. GLOSSARY OF TERMS
1.Stryker
2.Hill-Rom
3.BiHealthcare
4.Alvo
5.Medifa-hesse
6.STERIS
7.Skytron
8.Mizuho
9.Getinge
10.UFSK-OSYS
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.