Discover trends, market shifts, and competitive outlooks for the medical bed industry through 2025-2034 with The Business Research Company’s reliable data and in-depth research

What Is the Current and Projected Market Size of the Medical Bed Market Through 2034?

The size of the medical bed market has shown robust growth in the past few years. It’s projected to increase from $4.11 billion in 2024 to $4.42 billion in 2025, with a compound annual growth rate (CAGR) of 7.5%. The growth witnessed during the historical period is due to factors such as an increase in the aging population, the widespread occurrence of chronic diseases, advancements in healthcare infrastructure, rising healthcare spending, and the need for care of bariatric patients.

The value of the medical bed market is anticipated to experience robust growth in the upcoming years. It is estimated to reach a value of $5.84 billion in 2029, with a compound annual growth rate (CAGR) of 7.2%. This upward trend during the forecasted period can be associated with the emphasis on patient safety and comfort, readiness for global pandemics, an increment in surgical procedures, demographic changes, and an increased prevalence of diseases related to lifestyle. Major anticipated trends in the forecasted period include advancements in technology, medical tourism, regulatory standards and compliance requirements, material innovation, the rise of telemedicine, and a comprehensive patient care approach.

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What Are the Major Market Drivers Behind the Rising Adoption of Medical Bed Market?

The medical bed market’s growth is anticipated to be spurred by an increase in hospital admissions due to chronic illnesses. Various elements, such as personal health, socio-economical factors, healthcare infrastructure, and public health regulations, play a pivotal role in hospital admittances. Medical beds are essential in extending care and support to patients during hospitalizations and they significantly enhance patient safety, comfort, and medical oversight. For example, according to data collected by NHS Digital, a UK-based public organization, in 2023 the total number of Finished Admission Episodes (FAEs) in England saw an increase of 7.1% reaching 17.6 million from 2022-23. Further, Allergy UK, a nationally recognized UK charity, states that in April 2024, over 21 million individuals in the UK had been affected by allergies. This made allergies the most frequently reported chronic health issue in 2022, with expectations that by 2026, half of Europe’s populace will suffer from at least one type of allergy. Hence, the surge in chronic disease-related hospital admissions is fueling the expansion of the medical bed market.

Which Key Market Segments Comprise the Medical Bed Market and Drive Its Revenue Growth?

The medical bed market covered in this report is segmented –

1) By Type: Electric Medical Beds, Semi Electric Medical Beds, Manual Medical Beds

2) By Usage: Intensive Care, Non-intensive Care

3) By End-User: Hospitals, Home Care Settings, Rehabilitation Centers, Other End-Users

Subsegments:

1) By Electric Medical Beds: Full Electric Beds, Adjustable Electric Beds

2) By Semi Electric Medical Beds: Adjustable Head And Foot Sections, Manual Adjustment Options

3) By Manual Medical Beds: Fixed Manual Beds, Basic Adjustable Manual Beds

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Which Areas Are Leading Regions in the Medical Bed Market Expansion Across the Globe?

North America was the largest region in the medical bed market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the medical bed market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

What Are the Strategic Trends Steering theMedical Bed Market Direction?

Leading entities in the medical bed industry are constantly pushing boundaries by developing cutting-edge products like smart connected beds to elevate patient care. These state-of-the-art beds employ sophisticated technologies, inclusive of AI-powered sensors, to closely track patient health, streamline care procedures, and heighten patient safety. The firms operating in the medical bed sector are incessantly innovating to fulfill the surging need for effective healthcare solutions. By way of illustration, in August 2022, a collaboration between Dozee, an Indian enterprise specializing in connected health devices, and Midmark India, a reputed hospital bed maker in India, led to the launch of the Dozee Smart Connected Bed. This technologically advanced bed boasts of Dozee’s AI-enabled contactless sensor that keeps an eye on crucial parameters like heart rate, respiratory rate, body temperature, and oxygen saturation levels, acting as an early alert system for immediate medical attention. The bed can be connected seamlessly with a hospital’s central command hub and HMIS, thereby elevating the quality of patient care.

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How Is the Medical Bed Market Conceptually Defined?

A medical bed is a specialized piece of furniture designed for patients in healthcare settings. These beds are specifically engineered to provide comfort, support, and safety for individuals receiving medical care, whether in hospitals, clinics, or at home. Medical beds are equipped with various features and functionalities to address the specific needs of patients and healthcare providers.

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