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The Americas hospital bed market is witnessing a surge in demand, driven by the increasing prevalence of chronic diseases and the aging population. As healthcare needs evolve, there is a heightened focus on enhancing patient care and comfort, leading to a rising demand for advanced hospital beds.
The market is undergoing a significant shift toward technologically advanced hospital beds. The incorporation of features such as height-adjustable, remote-controlled mechanisms and smart devices is gaining traction. This phenomenon not only ameliorates patients' well-being but also streamlines the healthcare profession for practitioners.
Greater awareness of the importance of healthcare has led to a substantial increase in expenditures on medical necessities across the Americas. Huge sums of money are being donated by the government and private health facilities to modernize hospitals. This consists of purchasing modern hospital cots.
As hospitals place a greater emphasis on patient care, those involved in the production of hospital beds are modifying their operations accordingly. Beds designed to facilitate patient movement, alleviate pressure, and enhance comfort are gaining in popularity. This modification is consistent with the larger trend toward a holistic approach to health care.
The ongoing COVID-19 pandemic has underscored the criticality of establishing a robust healthcare infrastructure. The augmentation and verification of bed capacity by medical facilities is leading to an increased demand for hospital beds. The rapid adoption of telehealth due to the pandemic has influenced the design of beds to facilitate remote monitoring.
Economic concerns impact market trends significantly. Despite financial challenges, the healthcare industry continues to thrive. Because governments recognize the importance of a robust healthcare system, they continue to invest in hospitals. This includes mattresses and other necessary furnishings for their improvement.
Collaboration and special pricing are being offered by companies that manufacture hospital mattresses. This maintains their competitive advantage in the market amidst evolving demands. These alliances enable organizations to capitalize on one another's strengths, exchange technological expertise, and collaborate on the evolving demands of the healthcare sector.
Compliance with regulatory frameworks significantly influences the operations of enterprises. Strict regulations and standards governing healthcare equipment, such as hospital cots, force businesses to invest in research to ensure compliance. This emphasis on quality and safety is altering the assortment of products available for purchase.
As sustainability gains prominence across various industries, the market for hospital beds is similarly experiencing a transformation. Producers are incorporating recyclable materials, energy-efficient components, and ecological materials into their goods. This is consistent with the broader international commitment to preserve the environment.
Diverse markets in the Americas have evolving healthcare requirements. North America is the first region to implement new hospital facilities due to its robust healthcare system. At the same time, efforts are being made in Latin America to reduce costs and increase accessibility. This alters the behavior of consumers in this area.
Covered Aspects:
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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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