The automated hospital beds global market report 2024 from The Business Research Company provides comprehensive market statistics, including global market size, regional shares, competitor market share, detailed segments, trends, and opportunities. This report offers an in-depth analysis of current and future industry scenarios, delivering a complete perspective for thriving in the industrial automation software market.
Automated Hospital Beds Market, 2024 report by The Business Research Company
offers comprehensive insights into the current state of the market and
highlights future growth opportunities.
Market Size -
The automated hospital beds market size has grown strongly in recent years. It
will grow from $28.6 billion in 2023 to $30.9 billion in 2024 at a compound
annual growth rate (CAGR) of 8%. The growth in the historic period can be
attributed to a rise in the aging population, a rise in home healthcare
services, a rise in the incidence rates of chronic disorders, a rise in
telemedicine, increase in surgical procedures.
The automated hospital beds market size is expected to see strong growth in the
next few years. It will grow to $42.34 billion in 2028 at a compound annual
growth rate (CAGR) of 8.2%. The growth in the forecast period can be attributed
to the increasing number of accidents, growing emphasis on patient-centric
care, growing geriatric population worldwide, rising healthcare expenditure,
and increasing shift to home healthcare. Major trends in the forecast period
include technological advancements, IoT integration, AI and machine learning,
enhanced capabilities for remote monitoring, telemedicine integration, and
integration of robotics to assist with patient transfers.
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Scope Of Automated Hospital Beds Market
The Business Research Company's reports encompass a wide range of information,
including:
1. Market Size (Historic and Forecast): Analysis of the market's historical
performance and projections for future growth.
2. Drivers: Examination of the key factors propelling market growth.
3. Trends: Identification of emerging trends and patterns shaping the market
landscape.
4. Key Segments: Breakdown of the market into its primary segments and their
respective performance.
5. Focus Regions and Geographies: Insight into the most critical regions and
geographical areas influencing the market.
6. Macro Economic Factors: Assessment of broader economic elements impacting
the market.
Automated Hospital Beds Market Overview
Market Drivers -
The increasing number of road accidents is expected to propel the growth of the
automated hospital bed market going forward. The rise in road accidents is due
to increased traffic congestion, distracted driving due to mobile devices, inadequate
infrastructure maintenance, and failure to adhere to traffic regulations.
Automated hospital beds aid in accidents by enhancing patient care and safety
through features such as adjustable height for more effortless patient transfer
and treatment, automated positioning to prevent bedsores, and remote control
for swift adjustments, ensuring timely medical attention and comfort. For
instance, in May 2022, according to an estimate published by the National
Highway Traffic Safety Administration (NHTSA), a US-based federal agency, the
number of fatalities in motor vehicle traffic crashes increased by 10.5%, with
an estimated 42,915 deaths in 2021 compared to 38,824 fatalities in 2020.
Therefore, the increasing number of road accidents is driving the growth of the
automated hospital bed market.
Market Trends -
Major companies operating in the automated hospital beds market are developing
next-generation intensive care unit (ICU) beds to enhance patient care and meet
the growing demand for advanced medical technology. Next-generation ICU beds
are advanced medical beds designed to improve patient outcomes and streamline
care in intensive care units. For instance, in May 2023, Baxter International
Inc., a US-based healthcare company, launched an advanced Hillrom Progressa+
bed for the ICU. Progressa+ is a cutting-edge hospital bed designed to enhance
patient care and support recovery. It offers advanced pulmonary support with
in-bed percussion, vibration, and continuous lateral rotation therapies to
reduce complications from immobility. The bed also features improved access for
intubation and procedures. Additionally, it aids early patient mobility with an
integrated lift system and a one-button FullChair for safe and effortless
patient movement, reducing the risk of clinician injury.
The automated hospital beds market covered in this report is segmented –
1) By Type: Semi-Automatic Hospital Beds, Fully Automatic Hospital Beds
2) By Technology: Basic Automated Hospital Beds, Smart Automated Hospital Beds
3) By Application: Critical Care, Acute Care, Long Term Care
4) By End User: Hospitals And Clinics, Reproductive Care Centers, Dentistry,
Home Care, Other End-Users
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Regional Insights -
North America was the largest region in the automated hospital beds market in
2023. The regions covered in the automated hospital beds market report are
Asia-Pacific, Western Europe, Eastern Europe, North America, South America,
Middle East, Africa.
Key Companies -
Major companies operating in the automated hospital beds market are Becton
Dickinson and Company, Stryker Corporation, Malvestio SpA, Medline Industries
Inc., Olympus Corporation, Coloplast A/S, Hill-Rom Holdings Inc., Arjo
Huntleigh, Invacare Corporation, Paramount Bed Co. Ltd., Midmark India Pvt.
Ltd., Linet spol. s.r.o., Joerns Healthcare LLC, Amico Corporation,
Stiegelmeyer GmbH & Co. KG, Span-America Medical Systems Inc., Merivaara
Corp., Howard Wright Limited, Haelvoet NV, Volker GmbH, Mespa, Gendron Inc.,
Besco Medical Ltd., Savion Industries
Table of Contents
1. Executive Summary
2. Automated Hospital Beds Market Report Structure
3. Automated Hospital Beds Market Trends And Strategies
4. Automated Hospital Beds Market – Macro Economic Scenario
5. Automated Hospital Beds Market Size And Growth
…..
27. Automated Hospital Beds Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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