Ultra Market Research | Global Automated hospital beds Market
Global Automated hospital beds Market
Report ID : 794
Category : Healthcare-Companies
No Of Pages : No. of pages:
Published on: October 2024
Status: Published
Format :
Key Question Answer
Global Market Outlook
In-depth analysis of global and regional trends
Analyze and identify the major players in the market, their market share, key developments, etc.
To understand the capability of the major players based on products offered, financials, and strategies.
Identify disrupting products, companies, and trends.
To identify opportunities in the market.
Analyze the regional penetration of players, products, and services in the market.
Comparison of major players financial performance.
Evaluate strategies adopted by major players.
Recommendations
Introduction
The Global Automated Hospital Beds Market encompasses advanced hospital beds that offer increased comfort, efficiency, and functionality in patient care. These beds are equipped with electronic controls that allow healthcare providers to adjust the position of the bed for optimal patient comfort and safety, making them essential in modern healthcare settings. The primary applications of automated hospital beds include acute care, long-term care, and rehabilitation, supporting a wide range of medical needs. Recent trends indicate a growing demand for automated hospital beds driven by an aging population, increased hospital admissions, and a heightened focus on patient safety and comfort. Technological advancements, such as the integration of IoT and smart technologies in hospital beds, are further shaping the landscape of the Global Automated Hospital Beds Market.
Segmentation
By Type of Bed Manual Beds Electric Beds Semi-Electric Beds Others Luxury Beds Basic Hospital Beds Advanced Hospital Beds Others
By End User Hospitals Public Hospitals Private Hospitals Others Nursing Homes Home Healthcare Others
By Region North America U.S. Canada Others Europe Germany U.K. Others Asia Pacific China Japan Others Latin America Brazil Mexico Others Middle East & Africa UAE South Africa Others
List of Market Players
Invacare Corporation (U.S.)
Hill-Rom Holdings, Inc. (U.S.)
Stryker Corporation (U.S.)
Getinge AB (Sweden)
Arjo AB (Sweden)
Linet Group SE (Czech Republic)
Paramount Bed Holdings Co., Ltd. (Japan)
Joerns Healthcare, LLC (U.S.)
Medline Industries, Inc. (U.S.)
Malvestio S.p.A. (Italy)
Savion Industries (U.S.)
Gendron, Inc. (U.S.)
BestCare, Inc. (U.S.)
REHAU AG + Co (Germany)
KSP Technologies (U.S.)
Drivers
The Global Automated Hospital Beds Market is primarily driven by the increasing demand for enhanced patient comfort and safety in healthcare facilities. As the global population ages, the need for hospitals to accommodate patients with varying medical conditions has risen, leading to a greater reliance on advanced hospital beds. The growing trend of hospital-at-home care is also pushing the demand for automated beds that can be easily adjusted for patient needs. Moreover, advancements in technology, such as smart bed features that monitor vital signs and optimize positioning, contribute to the market's growth. Regulatory support for improved healthcare infrastructure further propels the adoption of automated hospital beds, as healthcare facilities aim to meet stringent standards of care.
Restraints
Despite the positive growth trajectory, the Global Automated Hospital Beds Market faces several challenges. High initial costs associated with automated hospital beds can deter healthcare providers, especially smaller institutions, from investing in these advanced systems. Additionally, the complexity of these beds can require extensive training for staff, leading to potential resistance to adoption. The market is also hindered by the lack of standardization across different regions, which can complicate procurement processes. Moreover, the ongoing maintenance and servicing of automated beds can be a financial burden for healthcare facilities, further challenging market growth.
Opportunity
The Global Automated Hospital Beds Market presents numerous opportunities for growth, primarily driven by technological innovations. The integration of Internet of Things (IoT) capabilities into hospital beds allows for real-time monitoring of patient health, paving the way for more personalized care. There is also a significant opportunity for manufacturers to develop beds with advanced features, such as pressure relief systems and smart sensors, which can enhance patient outcomes. The increasing focus on home healthcare and rehabilitation services opens new avenues for automated hospital beds tailored for at-home use. Additionally, emerging markets are witnessing a surge in healthcare infrastructure investments, creating a ripe environment for the expansion of automated hospital beds.
Trend
A notable trend in the Global Automated Hospital Beds Market is the rising integration of smart technology and artificial intelligence (AI) in bed design. Manufacturers are developing beds that can collect and analyze patient data, allowing healthcare providers to make informed decisions regarding treatment and care. The adoption of telemedicine is also influencing bed design, as healthcare providers seek to create environments conducive to remote monitoring and consultation. Additionally, the emphasis on sustainability is leading manufacturers to explore eco-friendly materials and energy-efficient designs, aligning with the broader healthcare industry's push toward greener practices.
Key Target Audience
Hospitals
Nursing homes
Rehabilitation centers
Home healthcare providers
Medical equipment distributors
Healthcare policymakers
Investors in healthcare technology
FAQs
Automated hospital beds are advanced medical beds that can be electronically adjusted to improve patient comfort, safety, and care. They are widely used in hospitals, nursing homes, and home healthcare settings.
The market is driven by an aging population, increasing hospital admissions, advancements in technology, and a focus on patient safety and comfort.
Challenges include high costs, complexity requiring staff training, lack of standardization, and ongoing maintenance costs.
Opportunities include the integration of IoT technology, focus on home healthcare, and growing investments in healthcare infrastructure in emerging markets.
The latest trend involves incorporating smart technology and AI into hospital beds for enhanced patient monitoring and care, along with a focus on sustainability in manufacturing practices.
Segmentation 2.1 Type of Bed 2.1.1 Manual Beds 2.1.2 Luxury Beds 2.2 End User 2.2.1 Hospitals 2.2.2 Nursing Homes 2.2.3 Home Healthcare 2.3 Region 2.3.1 North America 2.3.2 Europe 2.3.3 Asia Pacific 2.3.4 Latin America 2.3.5 Middle East & Africa
List of Market Players 3.1 Key Companies and Their Headquarters
Invacare Corporation (U.S.)
Hill-Rom Holdings, Inc. (U.S.)
Stryker Corporation (U.S.)
Getinge AB (Sweden)
Arjo AB (Sweden)
Linet Group SE (Czech Republic)
Paramount Bed Holdings Co., Ltd. (Japan)
Joerns Healthcare, LLC (U.S.)
Medline Industries, Inc. (U.S.)
Malvestio S.p.A. (Italy)
Savion Industries (U.S.)
Gendron, Inc. (U.S.)
BestCare, Inc. (U.S.)
REHAU AG + Co (Germany)
KSP Technologies (U.S.)
Drivers 4.1 Factors Driving Market Growth
Restraints 5.1 Challenges to Market Expansion
Opportunities 6.1 Growth Opportunities in the Market
Trends 7.1 Current Market Trends
Key Target Audience 8.1 Potential End Users
List of Tables
Table 1: Segmentation of the Global Automated Hospital Beds Market by Type of Bed
Table 2: Segmentation of the Global Automated Hospital Beds Market by End User
Table 3: Segmentation of the Global Automated Hospital Beds Market by Region
Table 4: List of Key Market Players in the Global Automated Hospital Beds Market
Table 5: Drivers Affecting the Growth of the Global Automated Hospital Beds Market
Table 6: Restraints Impacting the Global Automated Hospital Beds Market
Table 7: Opportunities for Growth in the Global Automated Hospital Beds Market
Table 8: Trends Influencing the Global Automated Hospital Beds Market
Table 9: Key Target Audience for Market Research on Automated Hospital Beds
Table 10: FAQs Regarding the Global Automated Hospital Beds Market
Research Methodology
The process of market research at Ultra Market Research is an iterative in application and usually follows following path. Information from secondary used to build data models, then results from data models are validated from primary participants. Then cycle repeats where, according to inputs from primary participants, additional secondary research is done and new Information is again incorporated into data model. The process continues till desired level of Information is not generated
To calculate the market size, the report considers the revenue generated from the sales of Ultra Market Research providers. The revenue generated from the sales of Ultra Market Research has been calculated through primary and secondary research. The report also presents the key players operating in the Ultra Market Research market across the globe identified through secondary research and a corresponding detailed analysis of the top vendors in the market. The market size calculation also includes distribution channel segmentation determined using secondary sources and verified through primary sources.
Secondary Research
The secondary research source that are typically referred to include, but are not limited to:
Company websites, annual reports, financial reports, broker reports, investor presentations and SEC filings
Internal and external proprietary databases, relevant patent and regulatory databases
National government documents, statistical databases and market reports
News articles, press releases and web-casts specific to the companies operating in the market
The source for secondary research includes but is not limited to: Factiva, Hoovers and Statista
Inner Circle Represents – Stage of Research Process
Middle Circle Represents – Source of Information
Outer Circle Represents – Information Derived from that source
Primary Research We conduct primary interviews on an ongoing basis with industry participants and commentators in order to validate data and analysis. A typical research interview fulfills the following functions:
It provides first-hand Information on the market size, market trends, growth trends, competitive landscape, future outlook etc.
Helps in validating and strengthening the secondary research findings
Further develops the analysis team’s expertise and market understanding
Primary research involves E-mail interactions, telephonic interviews as well as face-to-face 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: CEOs, VPs, marketing/ distribution channel managers, market intelligence managers and national sales managers
Purchasing managers, technical personnel, distributors and resellers
Outside experts: Investment bankers, valuation experts, research analysts specializing in specific markets
Key opinion leaders specializing in different areas corresponding to different industry distribution channels
Models Where no hard data is available, we use modeling and estimates in order to produce comprehensive data sets. A rigorous methodology is adopted in which the available hard data is cross referenced with the following data distribution channels to produce estimates:
Demographic data: Population split by segment
Macro-economic indicators: GDP, etc.
Industry indicators: Expenditure, distribution channel stage & infrastructure, sector growth and facilities.
Data is then cross checked by the expert panel.
2..1 Company Share Analysis Model
Company share analysis is used to derive the size of Canada market. As well as study of revenues of companies for last three to five years also provide the base for forecasting the market size and its growth rate. This model is built in following steps: 2..2 Revenue Based Modeling
Revenue based models can be built in two ways – Top-Down or Bottom-Up irrespective of industry. Market size estimated from company share analysis acts as a validation point for bottom-up approach where as it acts as starting point for top-down approach.
2.1 Research Limitations Inflation is not a part of pricing in this report. Prices of Global Automated Hospital Beds Market and its derivatives vary in each region and hence similar revenue ratio does not follow for each individual region. The same price for each distribution channel has been taken into account while estimating and forecasting market revenue Canadaly. Regional average price has been considered while breaking down this market by application in each region. This report provides market size of Global Automated Hospital Beds Market for the past year and forecasts for the next six years. Canada Global Automated Hospital Beds Market. Market size is given in terms of revenue. Market revenue is defined in USD Million. Market numbers are given on the basis of different Global Automated Hospital Beds Market categories. Market size and forecasts for each major application is provided in the context of Canada market. The numbers provided in this report are derived on the basis of demand for Global Automated Hospital Beds Market from different application industries in different regions.
Segmentation
By Type of Bed Manual Beds Electric Beds Semi-Electric Beds Others Luxury Beds Basic Hospital Beds Advanced Hospital Beds Others
By End User Hospitals Public Hospitals Private Hospitals Others Nursing Homes Home Healthcare Others
By Region North America U.S. Canada Others Europe Germany U.K. Others Asia Pacific China Japan Others Latin America Brazil Mexico Others Middle East & Africa UAE South Africa Others
