The Global Electric Bed Market Size accounted for USD 2,751 Million in 2021 and is estimated to achieve a market size of USD 4,987 Million by 2030 growing at a CAGR of 6.9% from 2022 to 2030. The growing elderly population is the key driver of the electric bed market share. In addition to that, the rising prevalence of chronic diseases will raise the electric bed industry's share. The rising number of COVID-19 cases worldwide fueled the demand for electric beds in 2020 and 2021. Key companies were continually creating healthcare beds to meet demand, driving the electric bed market value. Furthermore, technological advancement in the healthcare bed industry is a popular electric bed market trend that is supporting the industry growth.
Electric Bed Market Report Key Highlights
- Global electric bed market revenue is poised to garner USD 4,987 Million by 2030 with a CAGR of 6.9% from 2022 to 2030
- Growing elderly population fuels the electric bed market growth
- According to the World Bank Statistics, elderly population will rise to 1.5 billion by 2050
- North America is the leading region with over 45% shares in 2021
- Asia-Pacific is likely to attain a significant CAGR of over 7% from 2022 to 2030
- Based on products segment, semi-automatic electric bed gathered more than 55% of the total market share in 2021
Electric beds are designed to adjust both the upper and lower body positions and to adjust the height of the bed itself. These can sort out a variety of medical complaints and exponentially increase comfort. Additionally, a full electric hospital bed is a large specifically designed hospital bed with a sturdy, metal, and motorized adjustable-height bed frame that allows the foot, knee, and head segments to be adjusted by enabling the entire bed to be raised or lowered by a touch of an easy-to-use handheld electronic control. Whereas, there are two types of electronic beds available in the market including semi-electric and full electric.
Global Electric Bed Market Dynamics
Market Drivers
- Increasing incidences of chronic disorders
- Rising base of elderly population
- Growing number of surgical procedures
Market Restraints
- Low adoption rate in homecare settings
- High cost of these beds
Market Opportunities
- Increasing expenditure on healthcare infrastructure
- Rapidly growing number of smart hospitals
Electric Bed Market Report Coverage
Market |
Electric Bed Market |
Electric Bed Market Size 2021 |
USD 2,751 Million |
Electric Bed Market Forecast 2030 |
USD 4,987 Million |
Electric Bed Market CAGR During 2022 - 2030 |
6.9% |
Electric Bed Market Analysis Period |
2018 - 2030 |
Electric Bed Market Base Year |
2021 |
Electric Bed Market Forecast Data |
2022 - 2030 |
Segments Covered |
By Product, By Application, By End-Use, And By Geography
|
Regional Scope |
North America, Europe, Asia Pacific, Latin America, and Middle East & Africa |
Key Companies Profiled |
Getinge Group (Arjo), Gendron Inc., Hill-Rom Services Inc., Invacare Corporation, LINET, Malvestio Spa, Medline Industries, Inc., Midmark India Pvt. Ltd., paramount bed co., ltd., and Stryker among others. |
Report Coverage
|
Market Trends, Drivers, Restraints, Competitive Analysis, Player Profiling, Regulation Analysis |
Electric Bed Market Insights
The rising number of hospitals in developing countries, increasing patient population, growing geriatric population, rising adoption of technologically advanced products, and an increased number of patient admissions in hospitals and clinics is supporting the demand for electric bed in the market. Electric beds are among the major requirements for aged people and patients with critical conditions because they provide several facilities, such as extra comfort and improved blood circulation, and are equipped with caregiver assistance, which is very beneficial for such patients. The presence of a large population base over 60 years, which is prone to neurological diseases, cardiac problems, cancer, and spinal injuries, due to lower immunity levels is supporting the market growth. The aforementioned factors are bolstering the number of surgeries globally which is another factor propelling the market value. Furthermore, technological advancements along with continuous development in product offerings are likely to create potential demand over the forecast period. On the other side, the low adoption rate of electric beds by patients opting for home healthcare settings is likely to hinder growth over the forecast period from 2022 to 2030.
Electric Bed Market Segmentation
The worldwide electric bed market is split based on product, application, end-use, and geography.
Electric Bed Market By Product
- Semi-Automatic Electric Bed
- Fully-Automatic Electric Bed
According to our electric bed industry analysis, the semi-automatic electric bed generated an impressive revenue form 2022 to 2030. The growing number of cancer cases in the world primalily supports the semi-automatic electric bed industry. Additionally, the ease of hanlding and incresing adoption of these beds in small and medium sized hopitals and clinics will boost the electric bed market demand in the coming future. On the other hand, fully-automatic electric bed is expected to attain the fastest growth rate in the coming years.
Electric Bed Market By Application
- General Bed
- Intensive Care Bed
- Bariatric Bed
- Birthing Bed
- Others
In 2021, general bed segment by the application has registered maximum revenue in the global market. The increasing admissions of patients due to the outbreak of COVID-19 across the globe are bolstering the segmental market value. The features provided by the general bed like the adjustable height of the bed and adjustable lower and upper body positions to the patient are supporting the growth.
Electric Bed Market By End-Use
- Hospitals & Clinics
- Reproductive Care Centers
- Dentistry
- Others
According to our electric bed market forecast, hospitals & clinics recoded maximum market shares from 2022 to 2030. The increased number of hospital admissions and rising incidence of chronic wounds and cancer are the key drivers driving category expansion. Furthermore, the rising number of surgical procedures is expected to boost segment growth throughout the projection period.
Electric Bed Market Regional Outlook
North America
Europe
- U.K.
- Germany
- France
- Spain
- Rest of Europe
Latin America
- Mexico
- Brazil
- Rest of Latin America
Asia-Pacific
- India
- Japan
- China
- Australia
- South Korea
- Rest of Asia-Pacific
The Middle East & Africa (MEA)
- Gulf Cooperation Council (GCC)
- South Africa
- Rest of the Middle East & Africa
North America accounted for the maximum revenue share in the global electric beds market
In 20121, North America registered a major revenue share (%) and is also projected to maintain its dominance over the forecast period from 2022 to 2030. The major economies of the region including the US and Canada are contributing to the regional market value. The well-established healthcare infrastructure and high per capita income is bolstering the regional market value.
Asia Pacific is projected to exhibit fastest growth over the forecast timeframe from 2022 to 2030
The Asia Pacific region is projected to exhibit the fastest growth with a major CAGR (%) over the forecast period from 2022 to 2030. The rapidly developing economies of the region including China and India are majorly contributing to the regional market value. The increasing investment in the healthcare sector for the development of infrastructure is further bolstering the regional market value. The presence of some of the major players in the region including Midmark India Pvt. Ltd. (India) and paramount bed co., ltd. is additionally propelling the regional market value.
Electric Bed Market Players
Some of the top Electric Bed companies offered in the professional report include Getinge Group (Arjo), Gendron Inc., Hill-Rom Services Inc., Invacare Corporation, LINET, Malvestio Spa, Medline Industries, Inc., Midmark India Pvt. Ltd., paramount bed co., ltd., and Stryker.
CHAPTER 1. Industry Overview of Electric Bed Market
1.1. Definition and Scope
1.1.1. Definition of Electric Bed
1.1.2. Market Segmentation
1.1.3. Years Considered for the Study
1.1.4. Assumptions and Acronyms Used
1.1.4.1. Market Assumptions and Market Forecast
1.1.4.2. Acronyms Used in Global Electric Bed Market
1.2. Summary
1.2.1. Executive Summary
1.2.2. Electric Bed Market By Product
1.2.3. Electric Bed Market By Application
1.2.4. Electric Bed Market By End-Use
1.2.5. Electric Bed Market By Region
CHAPTER 2. Research Approach
2.1. Methodology
2.1.1. Research Programs
2.1.2. Market Size Estimation
2.1.3. Market Breakdown and Data Triangulation
2.2. Data Source
2.2.1. Secondary Sources
2.2.2. Primary Sources
CHAPTER 3. Market Dynamics And Competition Analysis
3.1. Market Drivers
3.1.1. Driver 1
3.1.2. Driver 2
3.2. Restraints and Challenges
3.2.1. Restraint 1
3.2.2. Restraint 2
3.3. Growth Opportunities
3.3.1. Opportunity 1
3.3.2. Opportunity 2
3.4. Porter’s Five Forces Analysis
3.4.1. Bargaining Power of Suppliers
3.4.2. Bargaining Power of Buyers
3.4.3. Threat of Substitute
3.4.4. Threat of New Entrants
3.4.5. Degree of Competition
3.5. Market Concentration Ratio and Market Maturity Analysis of Electric Bed Market
3.5.1. Go To Market Strategy
3.5.1.1. Introduction
3.5.1.2. Growth
3.5.1.3. Maturity
3.5.1.4. Saturation
3.5.1.5. Possible Development
3.6. Technological Roadmap for Electric Bed Market
3.7. Value Chain Analysis
3.7.1. List of Key Manufacturers
3.7.2. List of Customers
3.7.3. Level of Integration
3.8. Cost Structure Analysis
3.8.1. Price Trend of Key Raw Materials
3.8.2. Raw Material Suppliers
3.8.3. Proportion of Manufacturing Cost Structure
3.8.3.1. Raw Material
3.8.3.2. Labor Cost
3.8.3.3. Manufacturing Expense
3.9. Regulatory Compliance
3.10. Competitive Landscape, 2021
3.10.1. Player Positioning Analysis
3.10.2. Key Strategies Adopted By Leading Players
CHAPTER 4. Manufacturing Plant Analysis
4.1. Manufacturing Plant Location and Establish Date of Major Manufacturers in 2021
4.2. R&D Status of Major Manufacturers in 2021
CHAPTER 5. Electric Bed Market By Product
5.1. Introduction
5.2. Electric Bed Revenue By Product
5.2.1. Electric Bed Revenue (USD Million) and Forecast, By Product, 2018-2030
5.2.2. Semi-Automatic Electric Bed
5.2.2.1. Semi-Automatic Electric Bed Market Revenue (USD Million) and Growth Rate (%), 2018-2030
5.2.3. Fully-Automatic Electric Bed
5.2.3.1. Fully-Automatic Electric Bed Market Revenue (USD Million) and Growth Rate (%), 2018-2030
CHAPTER 6. Electric Bed Market By Application
6.1. Introduction
6.2. Electric Bed Revenue By Application
6.2.1. Electric Bed Revenue (USD Million) and Forecast, By Application, 2018-2030
6.2.2. Intensive Care Bed
6.2.2.1. Intensive Care Bed Market Revenue (USD Million) and Growth Rate (%), 2018-2030
6.2.3. Bariatric Bed
6.2.3.1. Bariatric Bed Market Revenue (USD Million) and Growth Rate (%), 2018-2030
6.2.4. General Bed
6.2.4.1. General Bed Market Revenue (USD Million) and Growth Rate (%), 2018-2030
6.2.5. Birthing Bed
6.2.5.1. Birthing Bed Market Revenue (USD Million) and Growth Rate (%), 2018-2030
6.2.6. Others
6.2.6.1. Others Market Revenue (USD Million) and Growth Rate (%), 2018-2030
CHAPTER 7. Electric Bed Market By End-Use
7.1. Introduction
7.2. Electric Bed Revenue By End-Use
7.2.1. Electric Bed Revenue (USD Million) and Forecast, By End-Use, 2018-2030
7.2.2. Hospitals & Clinics
7.2.2.1. Hospitals & Clinics Market Revenue (USD Million) and Growth Rate (%), 2018-2030
7.2.3. Reproductive Care Centers
7.2.3.1. Reproductive Care Centers Market Revenue (USD Million) and Growth Rate (%), 2018-2030
7.2.4. Dentistry
7.2.4.1. Dentistry Market Revenue (USD Million) and Growth Rate (%), 2018-2030
7.2.5. Others
7.2.5.1. Others Market Revenue (USD Million) and Growth Rate (%), 2018-2030
CHAPTER 8. North America Electric Bed Market By Country
8.1. North America Electric Bed Market Overview
8.2. U.S.
8.2.1. U.S. Electric Bed Revenue (USD Million) and Forecast By Product, 2018-2030
8.2.2. U.S. Electric Bed Revenue (USD Million) and Forecast By Application, 2018-2030
8.2.3. U.S. Electric Bed Revenue (USD Million) and Forecast By End-Use, 2018-2030
8.3. Canada
8.3.1. Canada Electric Bed Revenue (USD Million) and Forecast By Product, 2018-2030
8.3.2. Canada Electric Bed Revenue (USD Million) and Forecast By Application, 2018-2030
8.3.3. Canada Electric Bed Revenue (USD Million) and Forecast By End-Use, 2018-2030
8.4. North America PEST Analysis
CHAPTER 9. Europe Electric Bed Market By Country
9.1. Europe Electric Bed Market Overview
9.2. U.K.
9.2.1. U.K. Electric Bed Revenue (USD Million) and Forecast By Product, 2018-2030
9.2.2. U.K. Electric Bed Revenue (USD Million) and Forecast By Application, 2018-2030
9.2.3. U.K. Electric Bed Revenue (USD Million) and Forecast By End-Use, 2018-2030
9.3. Germany
9.3.1. Germany Electric Bed Revenue (USD Million) and Forecast By Product, 2018-2030
9.3.2. Germany Electric Bed Revenue (USD Million) and Forecast By Application, 2018-2030
9.3.3. Germany Electric Bed Revenue (USD Million) and Forecast By End-Use, 2018-2030
9.4. France
9.4.1. France Electric Bed Revenue (USD Million) and Forecast By Product, 2018-2030
9.4.2. France Electric Bed Revenue (USD Million) and Forecast By Application, 2018-2030
9.4.3. France Electric Bed Revenue (USD Million) and Forecast By End-Use, 2018-2030
9.5. Spain
9.5.1. Spain Electric Bed Revenue (USD Million) and Forecast By Product, 2018-2030
9.5.2. Spain Electric Bed Revenue (USD Million) and Forecast By Application, 2018-2030
9.5.3. Spain Electric Bed Revenue (USD Million) and Forecast By End-Use, 2018-2030
9.6. Rest of Europe
9.6.1. Rest of Europe Electric Bed Revenue (USD Million) and Forecast By Product, 2018-2030
9.6.2. Rest of Europe Electric Bed Revenue (USD Million) and Forecast By Application, 2018-2030
9.6.3. Rest of Europe Electric Bed Revenue (USD Million) and Forecast By End-Use, 2018-2030
9.7. Europe PEST Analysis
CHAPTER 10. Asia Pacific Electric Bed Market By Country
10.1. Asia Pacific Electric Bed Market Overview
10.2. China
10.2.1. China Electric Bed Revenue (USD Million) and Forecast By Product, 2018-2030
10.2.2. China Electric Bed Revenue (USD Million) and Forecast By Application, 2018-2030
10.2.3. China Electric Bed Revenue (USD Million) and Forecast By End-Use, 2018-2030
10.3. Japan
10.3.1. Japan Electric Bed Revenue (USD Million) and Forecast By Product, 2018-2030
10.3.2. Japan Electric Bed Revenue (USD Million) and Forecast By Application, 2018-2030
10.3.3. Japan Electric Bed Revenue (USD Million) and Forecast By End-Use, 2018-2030
10.4. India
10.4.1. India Electric Bed Revenue (USD Million) and Forecast By Product, 2018-2030
10.4.2. India Electric Bed Revenue (USD Million) and Forecast By Application, 2018-2030
10.4.3. India Electric Bed Revenue (USD Million) and Forecast By End-Use, 2018-2030
10.5. Australia
10.5.1. Australia Electric Bed Revenue (USD Million) and Forecast By Product, 2018-2030
10.5.2. Australia Electric Bed Revenue (USD Million) and Forecast By Application, 2018-2030
10.5.3. Australia Electric Bed Revenue (USD Million) and Forecast By End-Use, 2018-2030
10.6. South Korea
10.6.1. South Korea Electric Bed Revenue (USD Million) and Forecast By Product, 2018-2030
10.6.2. South Korea Electric Bed Revenue (USD Million) and Forecast By Application, 2018-2030
10.6.3. South Korea Electric Bed Revenue (USD Million) and Forecast By End-Use, 2018-2030
10.7. Rest of Asia-Pacific
10.7.1. Rest of Asia-Pacific Electric Bed Revenue (USD Million) and Forecast By Product, 2018-2030
10.7.2. Rest of Asia-Pacific Electric Bed Revenue (USD Million) and Forecast By Application, 2018-2030
10.7.3. Rest of Asia-Pacific Electric Bed Revenue (USD Million) and Forecast By End-Use, 2018-2030
10.8. Asia Pacific PEST Analysis
CHAPTER 11. Latin America Electric Bed Market By Country
11.1. Latin America Electric Bed Market Overview
11.2. Brazil
11.2.1. Brazil Electric Bed Revenue (USD Million) and Forecast By Product, 2018-2030
11.2.2. Brazil Electric Bed Revenue (USD Million) and Forecast By Application, 2018-2030
11.2.3. Brazil Electric Bed Revenue (USD Million) and Forecast By End-Use, 2018-2030
11.3. Mexico
11.3.1. Mexico Electric Bed Revenue (USD Million) and Forecast By Product, 2018-2030
11.3.2. Mexico Electric Bed Revenue (USD Million) and Forecast By Application, 2018-2030
11.3.3. Mexico Electric Bed Revenue (USD Million) and Forecast By End-Use, 2018-2030
11.4. Rest of Latin America
11.4.1. Rest of Latin America Electric Bed Revenue (USD Million) and Forecast By Product, 2018-2030
11.4.2. Rest of Latin America Electric Bed Revenue (USD Million) and Forecast By Application, 2018-2030
11.4.3. Rest of Latin America Electric Bed Revenue (USD Million) and Forecast By End-Use, 2018-2030
11.5. Latin America PEST Analysis
CHAPTER 12. Middle East & Africa Electric Bed Market By Country
12.1. Middle East & Africa Electric Bed Market Overview
12.2. GCC
12.2.1. GCC Electric Bed Revenue (USD Million) and Forecast By Product, 2018-2030
12.2.2. GCC Electric Bed Revenue (USD Million) and Forecast By Application, 2018-2030
12.2.3. GCC Electric Bed Revenue (USD Million) and Forecast By End-Use, 2018-2030
12.3. South Africa
12.3.1. South Africa Electric Bed Revenue (USD Million) and Forecast By Product, 2018-2030
12.3.2. South Africa Electric Bed Revenue (USD Million) and Forecast By Application, 2018-2030
12.3.3. South Africa Electric Bed Revenue (USD Million) and Forecast By End-Use, 2018-2030
12.4. Rest of Middle East & Africa
12.4.1. Rest of Middle East & Africa Electric Bed Revenue (USD Million) and Forecast By Product, 2018-2030
12.4.2. Rest of Middle East & Africa Electric Bed Revenue (USD Million) and Forecast By Application, 2018-2030
12.4.3. Rest of Middle East & Africa Electric Bed Revenue (USD Million) and Forecast By End-Use, 2018-2030
12.5. Middle East & Africa PEST Analysis
CHAPTER 13. Player Analysis Of Electric Bed Market
13.1. Electric Bed Market Company Share Analysis
13.2. Competition Matrix
13.2.1. Competitive Benchmarking of key players by price, presence, market share, and R&D investment
13.2.2. New Product Launches and Product Enhancements
13.2.3. Mergers And Acquisition In Global Electric Bed Market
13.2.4. Partnership, Joint Ventures and Strategic Alliances/ Sales Agreements
CHAPTER 14. Company Profile
14.1. Getinge Group (Arjo)
14.1.1. Company Snapshot
14.1.2. Business Overview
14.1.3. Financial Overview
14.1.3.1. Revenue (USD Million), 2021
14.1.3.2. Getinge Group (Arjo) 2021 Electric Bed Business Regional Distribution
14.1.4. Product /Service and Specification
14.1.5. Recent Developments & Business Strategy
14.2. Gendron Inc.
14.3. Hill-Rom Services Inc.
14.4. Invacare Corporation
14.5. LINET
14.6. Malvestio Spa
14.7. Medline Industries, Inc.
14.8. Midmark India Pvt. Ltd.
14.9. Paramount bed co., ltd.
14.10. Stryker Corporation