Hospital beds Market Research Report - Global forecast till 2023

Hospital beds Market Research Report - Global forecast till 2023

ID: MRFR/HC/0396-CRR | July, 2017 | Region: Global | 148 pages | Cooked Research Reports

Global Hospital Beds Market Information: By Type (Acute Care, Long-Term Care, Psychiatric & Bariatric Care, Others), By Power (Electric, Semi-Electric, Manual), By End Users (Hospital, Clinics, Ambulatory)- Forecast Till 2023


Figure: Global market by type, 2016 (%)

Hospital Bed Market



Source: Annual Reports, Press Releases, Government Records, Journals, Company Website, Expert Interviews, and MRFR Analysis


 


Intended Audience:



  • Hospital beds manufacturers

  • Hospitals & Clinics

  • Academic research institutes

  • Market research and consulting service providers


 


Research Methodology

Global Hospital Bed Market


Source: Annual Reports, Press Releases, Government Records, Journals, Company Website, Expert Interviews, and MRFR Analysis


 


Market Scenario
Hospital beds are specially designed for hospitalized patients who are in need of some form of health care services. Hospital beds allow body positioning that is not feasible in a regular home bed. These beds are also equipped with the other equipment’s such as ECG machines and others. Now a days, different and advanced types of hospital beds are available in the market. Introduction of electric and semi-electric beds have completely changed the scenario of hospital beds.
Increasing prevalence of chronic diseases, increasing number of hospitals and ambulatory centers, and rising geriatric population drive the global hospital beds market. Possibility of the hospitalization increases with the increasing age. According to the WHO, the number of people aged over 65 was about 524 million in 2010, which is expected to reach 1.5 billion by 2050. Moreover, rapid development in healthcare technology, increasing healthcare expenditure and increasing availability of funds for research & development have fueled the market growth.
The global hospital beds market is growing constantly and is expected to reach USD 4,824.2 million by 2023 from USD 2,515.1 million in 2016 at a CAGR of 5.5% during the forecasted period of 2017-2023.
However, high cost of the advanced hospitals beds such as electric and semi-electric beds may slow the growth of the market during the forecasted period.


 


Segmentations       
The global hospital beds market is segmented on the basis of type, power, end users, and regions.


On the basis of types, the global hospital beds market is segmented into acute care, long-term care, psychiatric & bariatric care, and others (maternity and rehabilitation beds).


Based on power, the market is segmented into electric bed, semi-electric bed, and manual bed.


Based on end users, the global hospital beds market is segmented into hospital, clinics, ambulatory, and others.


 


Regional Analysis             
Europe dominates the global hospital beds market owing to the high healthcare spending, favorable reimbursement policies, well developed healthcare sector, and increasing government support. According to the OECD, the healthcare expenditure in Germany was EUR 321 billion in 2014, which is followed by France with healthcare expenditure of EUR 237 billion. Europe consist of two regions namely Western Europe and Eastern Europe. Western Europe holds the major share of the market, which is majorly contributed by Germany, the U.K., and France. The Europe hospital beds market was USD 916.6 million in 2016, which is expected to grow at a CAGR of 5.5% during the forecasted period.
The Americas holds the second largest market, which is followed by Asia Pacific. Well-developed healthcare structure, huge geriatric population, and increasing investment in research & development in healthcare have paved way for the growth of the Americas hospital beds market.
Asia Pacific is the fastest growing hospital bed market in the globe. The presence of huge population base with increasing geriatric population, rapidly increasing number of hospital, and increasing government support for research & development have driven the market growth. Moreover, continuously improving hospitals infrastructure will fuel the market growth over the forecasted period.
However, The Middle East & Africa showed limited growth due to low healthcare spending and availability of limited technologies. The Middle East region holds the major share in the regional market.


 


Key Findings



  • The global hospital beds market is expected to reach USD 4,824.2 million by 2023 at CAGR of 5.5%.

  • Acute care bed segment accounts for the major share of 58.7% in the global hospital beds market, by type in 2016.

  • Europe holds the largest market share of the global hospital beds and was valued USD 916.6 million in 2016 and is expected to grow at a CAGR of 5.5% during the forecasted period.

  • Asia Pacific is the fastest growing region across the globe and expected to grow at a CAGR 5.9% during the forecast period.


 


Key Players in the Global Hospital Beds Market        
Some of the key players in this market: Hill-Rom Holdings, Stryker Corporation, Linet spol. s r.o., Invacare Corporation, Paramount Bed Holdings Co., Ltd., Gendron Inc., and Getinge AB.



The report on the
global hospital beds market of Market Research Future comprises of extensive primary research along with the detailed analysis of qualitative as well as quantitative aspects by various industry experts, key opinion leaders to gain deeper insight to the market and industry performance. The report gives a clear picture of the current market scenario which includes historical and projected market size in terms of value and volume, technological advancement, macro economical and governing factors in the market. The report provides details information and strategies of the top key players in the industry. The report also gives a broad study of the different market segments and regions


 

License

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TABLE OF CONTENTS

2.1 Scope of Study 14
2.2 Research Objective 14
2.3 Assumptions & Limitations 15
2.3.1 Assumptions 15
2.3.2 Limitations 15
2.4 Market Structure 15

3.1 Research Process 16
3.2 Primary Research 17
3.3 Secondary Research 17
3.4 Market Size Estimation 17
3.5 Forecast Model 18

4.1 Drivers 20
4.1.1 Increasing prevalence of chronic diseases 20
4.1.2 Increasing number of hospital and ambulatory services 20
4.1.3 Increasing geriatric population 21
4.1.4 Increasing number of medical emergencies 21
4.2 Restrains 22
4.2.1 High cost of the advanced beds 22
4.3 Opportunities 22
4.3.1 Advancement in technology 22
4.4 Mega trends 22
4.4.1 Increasing adoption of the automatic beds 22
4.5 Macroeconomic indicators 23

5.1 Value Chain Analysis 24
5.1.1 Engagement and Designing 24
5.1.2 Manufacturing 25
5.1.3 Distribution & Sales 25
5.1.4 Post-sales Follow-ups 25
5.2 Porters Five Forces Model 26
5.2.1 Bargaining Power of Suppliers 27
5.2.2 Bargaining Power of Buyers 27
5.2.3 Threat of New Entrants 27
5.2.4 Threat of Substitutes 27
5.2.5 Intensity of Rivalry 27
5.3 Pricing Analysis 28
5.4 Reimbursements 29

6.1 Introduction 30
6.2 Acute Care 32
6.3 Long-Term Care 33
6.4 Psychiatric and Bariatric Care 33
6.5 Others (Maternity and Rehabitative beds) 34

7.1 Introduction 35
7.2 Electric Beds 36
7.3 Semi-Electric Beds 37
7.4 Manual Beds 38

8.1 Introduction 39
8.2 Hospitals 40
8.3 Clinics 41
8.4 Ambulatory Clinics 42

9.1 Introduction 43
9.2 Europe 45
9.2.1 Western Europe 47
9.2.1.1 Germany 49
9.2.1.2 France 50
9.2.1.3 UK 52
9.2.1.4 Italy 53
9.2.1.5 Spain 55
9.2.1.6 Rest of Western Europe 56
9.2.2 Eastern Europe 58
9.3 Americas 60
9.3.1 North America 62
9.3.1.1 US 64
9.3.1.2 Canada 65
9.3.2 South America 67
9.4 Asia Pacific 69
9.4.1 Japan 71
9.4.2 China 73
9.4.3 India 74
9.4.4 Republic of Korea 76
9.4.5 Australia 77
9.4.6 Rest of Asia Pacific 79
9.5 The Middle East & Africa 81
9.5.1 Middle East 83
9.5.2 Africa 84

10.1 Introduction 86
10.2 Company Share Analysis 86
10.3 Key Developments 87

11.1 Invacare Corporation 89
11.1.1 Company Overview 89
11.1.2 Product/Business Segment Overview 89
11.1.3 Financial Overview 90
11.1.4 Key Development 91
11.1.5 SWOT Analysis 92
11.2 Linet spol. s r.o. 93
11.2.1 Company Overview 93
11.2.2 Product/Business Segment Overview 93
11.2.3 Financial Overview 94
11.2.4 Key Development 95
11.2.5 SWOT Analysis 96
11.3 Paramount Beds Holdings Co., Ltd. 97
11.3.1 Company Overview 97
11.3.2 Product/Business Segment Overview 97
11.3.3 Financial Overview 98
11.3.4 Key Development 99
11.3.5 SWOT Analysis 100
11.4 Hill-Rom Holdings 101
11.4.1 Company Overview 101
11.4.2 Product/Business Segment Overview 101
11.4.3 Financial Overview 102
11.4.4 Key Development 103
11.4.5 SWOT Analysis 104
11.5 Stryker Corporation 105
11.5.1 Company Overview 105
11.5.2 Product overview 105
11.5.3 Financials 106
11.5.4 Key Developments 107
11.5.5 SWOT Analysis 108
11.6 Gendron Inc. 109
11.6.1 Company Overview 109
11.6.2 Product/Business Segment Overview 109
11.6.3 Financial Overview 109
11.6.4 Key Development 109
11.6.5 SWOT Analysis 110
11.7 Getinge AB 111
11.7.1 Company Overview 111
11.7.2 Product/Business Segment Overview 111
11.7.3 Financial Overview 111
11.7.4 Key Development 113
11.7.5 SWOT Analysis 113

12.1 Key Findings 114
12.1.1 From CEO’s View Point 114
12.1.2 Unmet Needs 114
12.2 Key companies to watch 114
12.2.1 Prediction 115

13.1 Discussion Blue Print 116

TABLE 1 GLOBAL HOSPITAL BEDS MARKET, BY TYPE 31
TABLE 2 ACUTE CARE HOSPITAL BEDS MARKET, BY REGION 32
TABLE 3 LONG-TERM CARE HOSPITAL BEDS MARKET, BY REGION 33
TABLE 4 PSYCHIATRIC AND BARIATRIC CARE HOSPITAL BEDS MARKET, BY REGION 33
TABLE 5 GLOBAL HOSPITAL BEDS MARKET, BY POWER 36
TABLE 6 ELECTRIC BEDS HOSPITAL BEDS MARKET, BY REGION 36
TABLE 7 SEMI-ELECTRIC BEDS HOSPITAL BEDS MARKET, BY REGION 37
TABLE 8 MANUAL BEDS HOSPITAL BEDS MARKET, BY REGION 38
TABLE 9 GLOBAL HOSPITAL BEDS MARKET, BY END-USER 39
TABLE 10 HOSPITALS HOSPITAL BEDS MARKET, BY REGION 40
TABLE 11 CLINICS HOSPITAL BEDS MARKET, BY REGION 41
TABLE 12 AMBULATORY CLINICS HOSPITAL BEDS MARKET, BY REGION 42
TABLE 13 GLOBAL HOSPITAL BEDS MARKET, BY REGION 44
TABLE 14 EUROPE HOSPITAL BEDS MARKET, BY REGION 45
TABLE 15 EUROPE HOSPITAL BEDS MARKET, BY TYPE 46
TABLE 16 EUROPE HOSPITAL BEDS MARKET, BY POWER 46
TABLE 17 EUROPE HOSPITAL BEDS MARKET, BY END-USER 47
TABLE 18 WESTERN EUROPE HOSPITAL BEDS MARKET, BY TYPE 47
TABLE 19 WESTERN EUROPE HOSPITAL BEDS MARKET, BY POWER 48
TABLE 20 WESTERN EUROPE HOSPITAL BEDS MARKET, BY END-USER 48
TABLE 21 GERMANY HOSPITAL BEDS MARKET, BY TYPE 49
TABLE 22 GERMANY HOSPITAL BEDS MARKET, BY POWER 49
TABLE 23 GERMANY HOSPITAL BEDS MARKET, BY TYPE OF END-USER 50
TABLE 24 FRANCE HOSPITAL BEDS MARKET, BY TYPE 50
TABLE 25 FRANCE HOSPITAL BEDS MARKET, BY POWER 51
TABLE 26 FRANCE HOSPITAL BEDS MARKET, BY END-USER 51
TABLE 27 U.K. HOSPITAL BEDS MARKET, BY TYPE 52
TABLE 28 U.K. HOSPITAL BEDS MARKET, BY POWER 52
TABLE 29 U.K. HOSPITAL BEDS MARKET, BY END-USER 53
TABLE 30 ITALY HOSPITAL BEDS MARKET, BY TYPE 53
TABLE 31 ITALY HOSPITAL BEDS MARKET, BY POWER 54
TABLE 32 ITALY HOSPITAL BEDS MARKET, BY END-USER 54
TABLE 33 SPAIN HOSPITAL BEDS MARKET, BY TYPE 55
TABLE 34 SPAIN HOSPITAL BEDS MARKET, BY POWER 55
TABLE 35 SPAIN HOSPITAL BEDS MARKET, BY END-USER 56
TABLE 36 REST OF WESTERN EUROPE HOSPITAL BEDS MARKET, BY TYPE 56
TABLE 37 REST OF WESTERN EUROPE HOSPITAL BEDS MARKET, BY POWER 57
TABLE 38 REST OF WESTERN EUROPE HOSPITAL BEDS MARKET, BY END-USER 57
TABLE 39 EASTERN EUROPE HOSPITAL BEDS MARKET, BY TYPE 58
TABLE 40 EASTERN EUROPE HOSPITAL BEDS MARKET, BY POWER 58
TABLE 41 EASTERN EUROPE HOSPITAL BEDS MARKET, BY END-USER 59
TABLE 42 AMERICAS HOSPITAL BEDS MARKET, BY REGION 60
TABLE 43 AMERICAS HOSPITAL BEDS MARKET, BY TYPE 61
TABLE 44 AMERICAS HOSPITAL BEDS MARKET, BY POWER 61
TABLE 45 AMERICAS HOSPITAL BEDS MARKET, BY END-USER 62
TABLE 46 NORTH AMERICA HOSPITAL BEDS MARKET, BY TYPE 62
TABLE 47 NORTH AMERICA HOSPITAL BEDS MARKET, BY POWER 63
TABLE 48 NORTH AMERICA HOSPITAL BEDS MARKET, BY END-USER 63
TABLE 49 U.S. HOSPITAL BEDS MARKET, BY TYPE 64
TABLE 50 U.S. HOSPITAL BEDS MARKET, BY POWER 64
TABLE 51 U.S. HOSPITAL BEDS MARKET, BY END-USER 65
TABLE 52 CANADA HOSPITAL BEDS MARKET, BY TYPE 65
TABLE 53 CANADA HOSPITAL BEDS MARKET, BY POWER 66
TABLE 54 CANADA HOSPITAL BEDS MARKET, BY END-USER 66
TABLE 55 SOUTH AMERICA HOSPITAL BEDS MARKET, BY TYPE 67
TABLE 56 SOUTH AMERICA HOSPITAL BEDS MARKET, BY POWER 67
TABLE 57 SOUTH AMERICA HOSPITAL BEDS MARKET, BY END-USER 68
TABLE 58 ASIA PACIFIC HOSPITAL BEDS MARKET BY COUNTRY 69
TABLE 59 ASIA PACIFIC HOSPITAL BEDS MARKET, BY TYPE 70
TABLE 60 ASIA PACIFIC HOSPITAL BEDS MARKET, BY POWER 70
TABLE 61 ASIA PACIFIC HOSPITAL BEDS MARKET, BY END-USER 71
TABLE 62 JAPAN HOSPITAL BEDS MARKET, BY TYPE 71
TABLE 63 JAPAN HOSPITAL BEDS MARKET, BY POWER 72
TABLE 64 JAPAN HOSPITAL BEDS MARKET, BY END-USER 72
TABLE 65 CHINA HOSPITAL BEDS MARKET, BY TYPE 73
TABLE 66 CHINA HOSPITAL BEDS MARKET, BY POWER 73
TABLE 67 CHINA HOSPITAL BEDS MARKET, BY END-USER 74
TABLE 68 INDIA HOSPITAL BEDS MARKET, BY TYPE 74
TABLE 69 INDIA HOSPITAL BEDS MARKET, BY POWER 75
TABLE 70 INDIA HOSPITAL BEDS MARKET, BY TYPE OF END-USER 75
TABLE 71 REPUBLIC OF KOREA HOSPITAL BEDS MARKET, BY TYPE 76
TABLE 72 REPUBLIC OF KOREA HOSPITAL BEDS MARKET, BY POWER 76
TABLE 73 REPUBLIC OF KOREA HOSPITAL BEDS MARKET, BY END-USER 77
TABLE 74 AUSTRALIA HOSPITAL BEDS MARKET, BY TYPE 77
TABLE 75 AUSTRALIA HOSPITAL BEDS MARKET, BY POWER 78
TABLE 76 AUSTRALIA HOSPITAL BEDS MARKET, BY END-USER 78
TABLE 77 REST OF ASIA PACIFIC HOSPITAL BEDS MARKET, BY TYPE 79
TABLE 78 REST OF ASIA PACIFIC HOSPITAL BEDS MARKET, BY POWER 79
TABLE 79 REST OF ASIA PACIFIC HOSPITAL BEDS MARKET, BY END-USER 80
TABLE 80 MIDDLE EAST & AFRICA HOSPITAL BEDS MARKET BY REGION 81
TABLE 81 MIDDLE EAST & AFRICA HOSPITAL BEDS MARKET, BY TYPE 81
TABLE 82 MIDDLE EAST & AFRICA HOSPITAL BEDS MARKET, BY POWER 82
TABLE 83 MIDDLE EAST & AFRICA HOSPITAL BEDS MARKET, BY END-USER 82
TABLE 84 MIDDLE EAST HOSPITAL BEDS MARKET, BY TYPE 83
TABLE 85 MIDDLE EAST HOSPITAL BEDS MARKET, BY POWER 83
TABLE 86 MIDDLE EAST HOSPITAL BEDS MARKET, BY END-USER 84
TABLE 87 AFRICA HOSPITAL BEDS MARKET, BY TYPE 84
TABLE 88 AFRICA HOSPITAL BEDS MARKET, BY POWER 85
TABLE 89 AFRICA HOSPITAL BEDS MARKET, BY END-USER 85
TABLE 90 INVACARE CORPORATION: KEY DEVELOPMENT 91
TABLE 91 LINET SPOL. S R.O.: KEY DEVELOPMENT 95
TABLE 92 PARAMOUNT: KEY DEVELOPMENT 99
TABLE 93 HILL-ROM HOLDINGS: KEY DEVELOPMEN 103
TABLE 94 GENDRON INC.: KEY DEVELOPMENT 109
TABLE 95 GETINGE AB: KEY DEVELOPMENT 113

FIGURE 1 GLOBAL HOSPITAL BEDS MARKET SHARE, BY TYPE 2016 (%) 11
FIGURE 2 GLOBAL HOSPITAL BEDS MARKET SHARE, BY POWER 2016 (%) 12
FIGURE 3 GLOBAL HOSPITAL BEDS MARKET SHARE, BY END USER 2016 (%) 12
FIGURE 4 GLOBAL HOSPITAL BEDS MARKET SHARE, BY REGION 2016 (%) 13
FIGURE 5 GLOBAL HOSPITAL BEDS MARKET: MARKET STRUCTURE 15
FIGURE 6 RESEARCH PROCESS 16
FIGURE 7 GLOBAL HOSPITAL BEDS MARKET: FORECAST MODEL 18
FIGURE 8 DRIVERS & RESTRAINTS IMPACT ANALYSIS: GLOBAL HOSPITAL BEDS MARKET 19
FIGURE 9 VALUE CHAIN: HOSPITAL BEDS MARKET 24
FIGURE 10 PORTERS FIVE FORCES MODEL : HOSPITAL BEDS MARKET 26
FIGURE 11 GLOBAL HOSPITAL BEDS MARKET, BY TYPE (MILLION USD) (2017 & 2027) 30
FIGURE 12 GLOBAL HOSPITAL BEDS MARKET, BY POWER (MILLION USD) (2017 & 2027) 35
FIGURE 13 GLOBAL HOSPITAL BEDS MARKET, BY END-USER (MILLION USD) (2017 & 2027) 39
FIGURE 14 GLOBAL HOSPITAL BEDS MARKET, BY REGION (MILLION USD) (2017 & 2027) 43
FIGURE 15 GLOBAL HOSPITAL BEDS MARKET COMPANY SHARE ANALYSIS, 2016 (%) 86
FIGURE 16 INVACARE CORPORATION: RECENT FINANCIALS (USD MILLION) 90
FIGURE 17 INVACARE CORPORATION: GEOGRAPHICAL MIX, 2016 (%) 90
FIGURE 18 INVACARE CORPORATION: SEGMENTAL MIX, 2016 (%) 91
FIGURE 19 INVACARE CORPORATION: SWOT ANALYSIS 92
FIGURE 20 LINET SPOL. S R.O.: RECENT FINANCIALS (USD MILLION) 94
FIGURE 21 LINET SPOL. S R.O.: SWOT ANALYSIS 96
FIGURE 22 PARAMOUNT: RECENT FINANCIALS (USD MILLION) 98
FIGURE 23 PARAMOUNT: GEOGRAPHICAL MIX, 2016 (%) 98
FIGURE 24 PARAMOUNT: SEGMENTAL MIX, 2016 (%) 99
FIGURE 25 PARAMOUNT: SWOT ANALYSIS 100
FIGURE 26 HILL-ROM HOLDINGS: RECENT FINANCIALS (USD MILLION) 102
FIGURE 27 HILL-ROM HOLDINGS: SEGMENTAL MIX, 2016 (%) 102
FIGURE 28 HILL-ROM HOLDINGS: SWOT ANALYSIS 104
FIGURE 29 STRYKER CORPORATION: RECENT FINANCIALS 106
FIGURE 30 STRYKER CORPORATION: SEGMENTAL REVENUE 106
FIGURE 31 STRYKER CORPORATION: GEOGRAPHICAL SEGMENTS 107
FIGURE 32 GENDRON INC.: SWOT ANALYSIS 110
FIGURE 33 GETINGE AB: RECENT FINANCIALS (USD MILLION) 111
FIGURE 34 GETINGE AB: SEGMENTAL MIX, 2016 (%) 112
FIGURE 35 GETINGE AB: GEOGRAPHICAL MIX, 2016 (%) 112
FIGURE 36 GETINGE AB: SWOT ANALYSIS 113