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The Americas hospital bed market is a dynamic and rapidly evolving sector within the healthcare industry. Spanning North and South America, this market is characterized by a diverse range of products and services aimed at meeting the growing demands of healthcare facilities.
The market is greatly affected by the growing focus on improving health facilities in Americas. With more people and older folks, we need better hospital beds. This is because the healthcare needs are changing a lot.
Changes in technology are very important for how markets work. Using smart technology like beds connected to the internet and systems that watch from a distance is becoming more popular. These improvements make patients feel better, help hospitals work smoothly and contribute to the growth of the hospital bed market.
There is an increasing need for special beds, like those used in critical care units and bariatric or child-friendly ones. As doctors work to give special care for many types of patients, makers are learning how to make beds that solve certain health problems. This will help the market grow more too.
Strict rules and actions by the government have a big effect on how markets work. Rule systems change how products are made, the standards they meet and entering into markets. Following these rules is very important for companies to be successful in the Americas hospital bed market.
Money things, like spending on healthcare and who pays for it, are very important in making markets grow. How much hospitals spend on fancy hospital beds in the Americas depends a lot on money situations and how well its healthcare sectors are doing.
The market has a lot of big players competing hard against each other. Big companies use methods like joining together, buying others and working as a team to make themselves stronger in the market. This competition encourages creativity and makes hospital bed technology better all the time.
Putting more focus on making patients feel good and safe is what's pushing the market forward. Companies are putting money into making beds with shapes that help your body, spread out pressure and have safety tools. These features are very important for making people who go to the doctor happier and more content.
Recent big world events, like the COVID-19 sickness crisis, have shown how important it is to get ready for disease outbreaks in health care. During health problems, more hospital beds are needed to help patients. This has made healthcare places check how many beds they have again.
Environmental considerations are gaining prominence in the hospital bed market. Manufacturers are increasingly focusing on sustainable materials, energy-efficient designs, and recycling initiatives. This shift towards eco-friendly practices aligns with the growing awareness of environmental impact and resonates with environmentally conscious consumers.
The distribution channels in the Americas hospital bed market are diverse, encompassing direct sales, online platforms, and collaborations with healthcare distributors. The choice of distribution channels often depends on the target market, product type, and the preferences of healthcare providers.
The future of the Americas hospital bed market appears promising, driven by ongoing technological advancements, demographic trends, and the evolving healthcare landscape. As the industry continues to adapt to changing needs, market players are poised to explore new opportunities for growth and innovation.
Covered Aspects:
| Report Attribute/Metric | Details |
|---|---|
| Segment Outlook | Type,Automation,Treatment andEnd-User |
Americas Hospital Bed Market Highlights:
Americas Hospital Bed Market Overview
Americas Hospital Bed Market Size was valued at USD 1.42 Billion in 2023. The Global Americas Hospital Bed industry is projected to grow from USD 1.54 Billion in 2024 to USD 2.70 Billion by 2032, exhibiting a compound annual growth rate (CAGR) of 6.45% during the forecast period (2024 - 2032).
Hospital beds are specially designed for patients and to provide them comfort and security during the treatment period. Hospital beds are made according to the need and convenience of patients as well as medical staff. Hospital beds are adjustable and provide basic features such as height adjustment, adjustable sides, adjustable railings, and electric supply to both sides. The increasing prevalence of chronic diseases, rising occurrences of trauma and accidental injuries, and rising investments in healthcare are expected to drive the growth of the market. Moreover, rising healthcare expenditure and growing geriatric population contribute to the growth of the market. According to the Population Reference Bureau, the number of Americans aged 65 and older is projected to be more than double from 46 million in 2015 to over 98 million by 2060.
The rising cost of specialty beds and a declining number of beds in public hospitals may hamper the growth of the market during the assessment period.
Americas Hospital Bed Market Market Key Players
Some of the key players in the Americas hospital bed market are
- Arjo Huntleigh (Division of Getinge AB)
- Paramount Bed Holdings Co.
- LINET Group
- Stryker Corporation
- Joh. Stiegelmeyer GmbH & Co. KG
- Hill-Rom Services Inc.
- Medline Industries
- Invacare Corporation
- Joerns Healthcare LLC.
- Span-America Medical Systems, Inc
- Savion Industries Ltd.
- Gendron, Inc.
Americas Hospital Bed Market Segment Insights
The hospital beds market has been segmented based on type, automation, treatment, and end-user.
Based on type, the market has been classified as pressure relief beds, general purpose beds, birthing beds, bariatric beds and pediatric beds, and others.
The automation segment has been divided into manual hospital beds, power hospital beds, and others. Power hospital bed has been segmented into fully electric and semi-electric.
According to treatment, hospital beds have been classified into beds for long-term care, acute care, and critical care.
The market, by end-user, has been segmented into hospitals and clinics, nursing homes, elderly care facilities, maternity homes, and others.
Americas Hospital Bed Regional Insights
The Americas is likely to show a prominent growth in the hospital beds market during the forecast period market owing to the rising prevalence of chronic diseases in the aging population, increase in the number of surgical procedures, the presence of a well-established healthcare system, government initiatives and favorable regulatory policies, and adoption of highly advanced technology. According to the National Council on Aging, about 80 percent of the older adults have at least one chronic disease and 68 percent have at least two.
Based on region, the Americas is divided into North America and South America. The North American region consists of the US and Canada. The presence of a well-established economy in North America is expected to contribute to the market growth. South America consists of Argentina, Brazil, Chile, and the rest of South America.
The North American region is likely to dominate the hospital beds market in the American region due to a well-established healthcare sector and favorable policies. The factors such as growing presence of hospitals and healthcare centers in the North American region, increasing adoption of new technologies in the healthcare sector, and government initiatives for development of healthcare facilities boost to the growth of the market. According to the Centers for Medicare and Medicaid Services (CMS), an average person in the US spends more than USD 11,500 per year on healthcare and the total spending of the Americas is around USD 3.9 trillion. Majority of the population (around 90%) takes benefit of the insurance system, due to favorable reimbursement policies which directly impacts the hospital beds market positively.
Americas Hospital Bed Market Segmentation
Americas Hospital Bed Type Outlook
- Pressure Relief Beds
- General Purpose Beds
- Birthing Beds
- Bariatric Beds
- Pediatric Beds
- Others
Americas Hospital Bed Automation Outlook
- Manual
- Powered
- Fully electric
- Semi-electric
- Others
Americas Hospital Bed Treatment Outlook
- Long-Term Care
- Acute Care
- Critical care
Americas Hospital Bed End-User Outlook
- Hospitals and Clinics
- Nursing Homes
- Elderly Care Facilities
- Maternity Homes
- Others
Americas Hospital Bed Region Outlook
- Americas
- North America
- US
- Canada
- South America
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