About Electrical Hospital Beds
Electrical hospital beds are important equipment which supports patients to get into a comfortable position. These beds have the ability to lower or raising individuals with the help of a device. Enhanced healthcare infrastructure is one of the critical reasons predictable to drive the electrical hospital beds market’s growth. There are two types of electrical beds such as automatic and semi-automatic. These beds are used for different types of treatment such as critical care, acute care, and long-term care.
Attributes | Details |
---|
Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
CAGR | 5.48% |
The global electrical hospital beds market is a niche market, thus very seldom electrical bed manufacturers are available in the market. The initial investments in electrical hospital bed manufacturing is comparatively higher which is leading to minimize the threat of external market substitutes. Thus, it will ultimately affect the overall competitive rivalry in the market. Moreover, very few manufacturers have covered half of the global market share, thus, the overall market will show perfect oligopoly in Analyst at AMA Research estimates that United States Players will contribute the maximum growth to Global Electrical Hospital Beds market throughout the forecasted period. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Gendron, Inc. (United States), Span America Medical System, Inc. (United States), Stryker Corporation (United States), (Finland), Invacare Corporation (United States), Famed Zywiec Sp.zo.o. (Poland), ArjoHuntleigh (Sweden), Amico Group of Companies (Canada), Linet spol.s.r.o. (Czech Republic) and Paramount Bed Holding Co., Ltd. (Japan) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research coverage are Midmark Corporation (United States), Hill Room Holding (United States), Medline Industries, Inc. (United States), Getinge AB (Sweden) and Malvestio Spa (Italy).
Segmentation Overview
AMA Research has segmented the market of Global Electrical Hospital Beds market by Type (Semi-automatic and Automatic), Application (General Purpose, Intensive Care, Delivery/Birthing, Pressure Relief, Psychiatric Care, Bariatric, Pediatric and Others) and Region.
On the basis of geography, the market of Electrical Hospital Beds has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Treatment, the sub-segment i.e. Critical Care will boost the Electrical Hospital Beds market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by End User, the sub-segment i.e. Reproductive Care Centers will boost the Electrical Hospital Beds market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Increasing Demand in Due to Rising Number Operating theaters and Healthcare Facilitation At Home for Vegetative Patients
Market Growth Drivers:
Rising Healthcare Infrastructure and Adoption of Advanced Medical Equipment
Challenges:
Rising Distribution Across the world
Restraints:
High Cost of Electrical Hospitals Beds
Opportunities:
Rising Demand of Electrical Beds in Emerging Countries
Market Leaders and their expansionary development strategies
In October 2023, Joerns Healthcare and Hill-Rom entered into strategic alliance brings together Joerns' ergonomic bed designs and Hill-Rom's advanced surface technologies. Their joint focus is on developing pressure-relieving mattresses and bed systems that prevent hospital-acquired pressure injuries, enhancing patient comfort and reducing healthcare costs.
October 19, 2020 – Stryker, one of the world's leading medical technology companies, has launched of the industry’s first and only completely wireless hospital bed, ProCuity™. This intelligent bed was designed to help reduce in-hospital patient falls at all acuity levels, improve nurse workflow efficiencies and safety, as well as help lower hospital costs. It is the only bed on the market today that can connect seamlessly to nurse call systems without the use of cables or wires.
Key Target Audience
Electrical Hospital Beds Manufactures, Electrical Hospital Beds Suppliers/Distributors, Electrical Hospital Beds Industry Association, Healthcare Industry, Government regulatory bodies, Government and Private Research Organization and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.