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    South Korea Hospital Bed Market

    ID: MRFR/HS/43054-HCR
    200 Pages
    Rahul Gotadki
    September 2025

    South Korea Hospital Bed Market Research Report By Type (Acute Care, Long-Term Care, Psychiatric Bariatric Care, Others), By Power (Electric, Semi-Electric, Manual) and By End Users (Hospital, Clinics, Ambulatory)-Forecast to 2035

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    South Korea Hospital Bed Market Research Report-Forecast to 2035 Infographic
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    Table of Contents

    South Korea Hospital Bed Market Summary

    The South Korea Hospital Bed market is projected to grow significantly from 84 USD Million in 2024 to 209 USD Million by 2035.

    Key Market Trends & Highlights

    South Korea Hospital Bed Key Trends and Highlights

    • The market is expected to expand at a compound annual growth rate (CAGR) of 8.64% from 2025 to 2035.
    • By 2035, the market valuation is anticipated to reach 209 USD Million, indicating robust growth potential.
    • In 2024, the market is valued at 84 USD Million, reflecting a strong foundation for future expansion.
    • Growing adoption of advanced healthcare technologies due to increasing patient care demands is a major market driver.

    Market Size & Forecast

    2024 Market Size 84 (USD Million)
    2035 Market Size 209 (USD Million)
    CAGR (2025-2035) 8.64%

    Major Players

    Stryker, Arjo, HillRom, LG Electronics, Hernan Medical, Kangbuk Samsung Hospital, Jiangsu Saikang Medical, Nanjing Fuhua Medical, Chang Gung Memorial Hospital, Invacare, Samsung Medison, Yuwell, Getinge, Severance Hospital, Medtronic

    South Korea Hospital Bed Market Trends

    The South Korean hospital bed market is growing significantly as a result of different industry dynamics. The growing aging population in South Korea increases the demand for hospital beds, as older persons frequently require more healthcare services. The government's focus on improving healthcare infrastructure contributes to the growing demand for contemporary hospital equipment. The prevalence of chronic illnesses in the community also contributes significantly to the need for specialized hospital beds. Furthermore, the trend toward home healthcare solutions is gaining traction, with patients choosing treatment in more comfortable, familiar surroundings.

    This change creates prospects for flexible and portable hospital beds intended for home usage. To capitalize on these developments, South Korean manufacturers should investigate the incorporation of modern technology into hospital beds, such as smart beds outfitted with sensors that monitor patient health and comfort. Adoption of such technologies can improve patient outcomes and bed occupancy rates in healthcare institutions. There is also a rising emphasis on environmentally friendly materials in hospital bed manufacturing, which aligns with South Korea's dedication to sustainability and health-conscious activities.

    Over the last several years, there has been an increase in collaboration between healthcare professionals and bed manufacturers to produce tailored solutions that address specific patient needs.

    As hospitals aim to provide a better patient experience, beds offering features like better mobility and easier access for caregivers are becoming more prevalent. Overall, the South Korea hospital bed market is poised for expansion with a strong focus on patient-centric approaches and technological advancement.

    South Korea Hospital Bed Market Drivers

    Market Segment Insights

    Hospital Bed Market Type Insights

    The South Korea Hospital Bed Market illustrates a diverse range of segments, with 'Type' being a key classification that reflects the varying requirements in healthcare facilities. The overall market trends showcase a growing recognition of the need for specialized hospital beds that cater to different patient needs. Acute care beds are crucial in providing immediate treatment and monitoring for patients with severe health conditions, making them a significant element within this market. Hospitals are increasingly investing in advanced acute care beds that offer features enhancing patient safety and comfort, thus driving higher patient throughput and fostering efficient recovery environments.

    On the other hand, long-term care beds cater primarily to patients with chronic illnesses or disabilities who require extended care. As the population in South Korea ages, the demand for long-term care beds is projected to expand due to a rising number of elderly patients needing continuous medical attention, thereby increasing the need for innovative designs that ensure patient mobility and care accessibility. The psychiatric care segment also plays a vital role as awareness surrounding mental health continues to grow.

    Specialized psychiatric beds are becoming increasingly popular, tailored to cater to the unique requirements of patients, which helps in enhancing safety and therapeutic outcomes.Bariatric care beds have emerged as a necessary consideration due to the rising prevalence of obesity-related health issues. They are designed with enhanced weight capacity and features that improve safety and comfort for bariatric patients. This increase in patient-centric innovations is indicative of the shift towards more personalized care, emphasizing the importance of addressing specific health challenges. Other categories in the market also contribute to the overall ecosystem, highlighting various needs that arise across different health sectors.

    The segmentation within the South Korea Hospital Bed Market is supported by several growth drivers, including the technological advancements integrating smart features in hospital beds and the increasing emphasis on healthcare quality and patient experience. Furthermore, the market is witnessing a steady demand for high flexibility in bed types as healthcare providers seek to accommodate different treatment protocols. Recognizing these diverse needs, manufacturers are presented with numerous opportunities to innovate and adapt their product lines, thereby enhancing patient care while addressing the challenges posed by changing demographics and healthcare demands.

    Overall, the growth trajectory of the South Korea Hospital Bed Market illustrates the critical interplay between healthcare demands and innovations that support emerging patient needs across various segments.

    Hospital Bed Market Power Insights

    The Power segment of the South Korea Hospital Bed Market significantly contributes to the overall market dynamics, driven by advancements in healthcare technology and rising patient care demands. Within this segment, Electric beds are increasingly preferred due to their enhanced functionality, allowing precise adjustments for patient comfort and easing the workload of caregivers. Meanwhile, Semi-Electric beds have gained traction as a cost-effective alternative, providing essential features while minimizing operational challenges.

    The Manual variety, although traditional, maintains an essential role, particularly in facilities with budget constraints.With an aging population and increasing focus on patient-centric care, the demand for all types of powered beds remains robust. Moreover, the South Korean government has been promoting healthcare innovations and infrastructure improvements, further supporting the growth of the South Korea Hospital Bed Market. The integration of smart technologies in these beds adds another layer of significance, aligning with the broader digital health trends. Through this evolving landscape, the segment's integration is expected to reshape patient-care experiences, emphasizing comfort, safety, and efficient healthcare delivery.

    Hospital Bed Market End Users Insights

    The South Korea Hospital Bed Market showcases a diverse array of end users, primarily divided among hospitals, clinics, and ambulatory care facilities. Hospitals emerged as the most significant segment, necessitating advanced hospital beds to cater to a wide range of patients, including those requiring prolonged care and specialized treatments.

    In contrast, clinics play a vital role in outpatient services and minor surgical procedures, thus contributing to a growing demand for versatile and space-efficient hospital beds tailored for limited environments.Ambulatory care facilities, which focus on short-term and non-emergency treatments, have also seen an uptick in the need for semi-mobile hospital beds, accommodating rapid patient turnover and enhancing operational efficiency. The increasing aging population in South Korea, along with rising incidences of chronic diseases, drives the growth of these end-user segments.

    As healthcare providers adapt to evolving patient needs and technological advancements, the South Korea Hospital Bed Market continues to experience dynamic growth driven by innovations and shifting healthcare delivery models.Such trends highlight the importance of understanding hospital user behaviors to enhance service delivery and patient satisfaction.

    Get more detailed insights about South Korea Hospital Bed Market Research Report-Forecast to 2035

    Regional Insights

    Key Players and Competitive Insights

    The South Korea Hospital Bed Market has been experiencing significant growth, primarily driven by advancements in medical technology and increasing healthcare expenditures. This competitive landscape is characterized by various players focusing on innovation, product differentiation, and strategic partnerships. The market dynamics are influenced by factors such as an aging population, rising prevalence of chronic diseases, and a heightened emphasis on patient safety and comfort. In this environment, companies are continuously striving to enhance their product offerings while also ensuring compliance with stringent regulatory standards.

    As healthcare facilities upgrade their infrastructure to provide better services, understanding the competitive positioning of major players becomes essential for those looking to enter or expand within this market.Stryker's presence in the South Korea Hospital Bed Market is noteworthy, showcasing a robust portfolio that focuses on high-quality hospital bed solutions. Their offerings include a variety of advanced hospital beds designed for different medical settings, emphasizing functionality and user-friendliness. Stryker leverages its strong brand reputation, supported by extensive research and development efforts, to provide innovative features that enhance patient care.

    Additionally, the company's commitment to integrating smart technologies into its products, such as modular designs and pressure management systems, further strengthens its competitive position. With a well-established distribution network and focused marketing strategies, Stryker continues to solidify its foothold in the South Korean healthcare industry.Arjo has carved out a significant niche within the South Korea Hospital Bed Market, focusing on solutions that prioritize patient mobility and comfort. Known for its state-of-the-art hospital beds, Arjo's product line includes various specialized beds aimed at improving both patient care and staff efficiency.

    The company's strengths lie in its expertise in patient handling and safety, coupled with national outreach that enables it to reach diverse healthcare facilities. Arjo has actively engaged in mergers and acquisitions to enhance its market presence and expand its product lines. Such strategic moves have reinforced its capabilities to offer comprehensive solutions for both acute care settings and long-term care facilities. By investing in innovative technologies and enhancing user experience, Arjo continues to strengthen its competitive edge in South Korea's healthcare landscape.

    Key Companies in the South Korea Hospital Bed Market market include

    Industry Developments

    The South Korea Hospital Bed Market has seen significant developments recently, with companies like Stryker, HillRom, and LG Electronics expanding their product offerings to enhance patient care and comfort. The demand for advanced hospital bed technology has surged due to the ongoing need for improved healthcare facilities in response to the COVID-19 pandemic, leading to a focus on innovation and ergonomic designs. In March 2023, Kangbuk Samsung Hospital announced the acquisition of state-of-the-art hospital beds from Hernan Medical to enhance its patient service capabilities.

    There's also noteworthy growth in market valuation, contributing to competitive dynamics among companies such as Invacare and Samsung Medison, particularly in the context of increased investments toward smart healthcare solutions. Over the past few years, key happenings have included the successful launch of smart hospital beds by Getinge in December 2022, which integrates remote monitoring features, and the strategic partnership between Jiangsu Saikang Medical and Severance Hospital in January 2023, aimed at improving healthcare infrastructure. These advancements are reflective of South Korea's commitment to leading in healthcare technology and improving patient experiences across its medical facilities.

    Market Segmentation

    Outlook

    • Hospital
    • Clinics
    • Ambulator

    Hospital Bed Market Type Outlook

    • Acute Care
    • Long-Term Care
    • Psychiatric Bariatric Care
    • Others

    Hospital Bed Market Power Outlook

    • Electric
    • Semi-Electric
    • Manual

    Hospital Bed Market End Users Outlook

    • Hospital
    • Clinics
    • Ambulator

    Report Scope

    Report Attribute/Metric Source: Details
    MARKET SIZE 2018 80.0(USD Million)
    MARKET SIZE 2024 84.0(USD Million)
    MARKET SIZE 2035 209.0(USD Million)
    COMPOUND ANNUAL GROWTH RATE (CAGR) 8.64% (2025 - 2035)
    REPORT COVERAGE Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
    BASE YEAR 2024
    MARKET FORECAST PERIOD 2025 - 2035
    HISTORICAL DATA 2019 - 2024
    MARKET FORECAST UNITS USD Million
    KEY COMPANIES PROFILED Stryker, Arjo, HillRom, LG Electronics, Hernan Medical, Kangbuk Samsung Hospital, Jiangsu Saikang Medical, Nanjing Fuhua Medical, Chang Gung Memorial Hospital, Invacare, Samsung Medison, Yuwell, Getinge, Severance Hospital, Medtronic
    SEGMENTS COVERED Type, Power, End Users
    KEY MARKET OPPORTUNITIES Aging population healthcare needs, Advanced technology integration demand, Growing telehealth services expansion, Rising investments in hospitals, Increasing focus on patient comfort
    KEY MARKET DYNAMICS aging population, technological advancements, rising healthcare expenditure, increasing hospital infrastructure, growing demand for advanced beds
    COUNTRIES COVERED South Korea

    Market Highlights

    Author
    Rahul Gotadki
    Assistant Manager

    He holds an experience of about 7+ years in Market Research and Business Consulting, working under the spectrum of Life Sciences and Healthcare domains. Rahul conceptualizes and implements a scalable business strategy and provides strategic leadership to the clients. His expertise lies in market estimation, competitive intelligence, pipeline analysis, customer assessment, etc. In addition to the above, his other responsibility includes strategic tracking of high growth markets & advising clients on the potential areas of focus they could direct their business initiatives

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    FAQs

    What is the projected market size of the South Korea Hospital Bed Market in 2024?

    The South Korea Hospital Bed Market is expected to be valued at 84.0 million USD in 2024.

    What is the expected value of the South Korea Hospital Bed Market by 2035?

    By 2035, the South Korea Hospital Bed Market is projected to reach a value of 209.0 million USD.

    What is the anticipated CAGR for the South Korea Hospital Bed Market from 2025 to 2035?

    The expected CAGR for the South Korea Hospital Bed Market from 2025 to 2035 is 8.64%.

    Which segment of the South Korea Hospital Bed Market has the highest projected value in 2024?

    The Acute Care segment is projected to have the highest value at 34.0 million USD in 2024.

    What is the anticipated market value for Long-Term Care beds in 2035?

    The market value for Long-Term Care beds is expected to be 58.0 million USD by 2035.

    Who are the major players in the South Korea Hospital Bed Market?

    Key players in the market include Stryker, Arjo, HillRom, LG Electronics, and Medtronic among others.

    What is the projected market size for Psychiatric & Bariatric Care beds in 2024?

    The market size for Psychiatric & Bariatric Care beds is projected to be 14.0 million USD in 2024.

    What are the expected challenges in the South Korea Hospital Bed Market over the next decade?

    Challenges may include evolving healthcare regulations and increasing competition among manufacturers.

    What is the expected market value for 'Others' category in 2035?

    The market value for the 'Others' category is projected to reach 33.5 million USD by 2035.

    How does the current global scenario impact the South Korea Hospital Bed Market?

    The market may experience fluctuations in demand and supply chain disruptions due to global factors.

    1. EXECUTIVE SUMMARY
    2. Market Overview
    3. Key Findings
    4. Market Segmentation
    5. Competitive Landscape
    6. Challenges and Opportunities
    7. Future Outlook
    8. MARKET INTRODUCTION
    9. Definition
    10. Scope of the study
    11. Research Objective
    12. Assumption
    13. Limitations
    14. RESEARCH METHODOLOGY
    15. Overview
    16. Data Mining
    17. Secondary Research
    18. Primary Research
    19. Primary Interviews and Information Gathering Process
    20. Breakdown of Primary Respondents
    21. Forecasting Model
    22. Market Size Estimation
    23. Bottom-Up Approach
    24. Top-Down Approach
    25. Data Triangulation
    26. Validation
    27. MARKET DYNAMICS
    28. Overview
    29. Drivers
    30. Restraints
    31. Opportunities
    32. MARKET FACTOR ANALYSIS
    33. Value chain Analysis
    34. Porter's Five Forces Analysis
    35. Bargaining Power of Suppliers
    36. Bargaining Power of Buyers
    37. Threat of New Entrants
    38. Threat of Substitutes
    39. Intensity of Rivalry
    40. COVID-19 Impact Analysis
    41. Market Impact Analysis
    42. Regional Impact
    43. Opportunity and Threat Analysis
    44. South Korea Hospital Bed Market, BY Type (USD Million)
    45. Acute Care
    46. Long-Term Care
    47. Psychiatric Bariatric Care
    48. Others
    49. South Korea Hospital Bed Market, BY Power (USD Million)
    50. Electric
    51. Semi-Electric
    52. Manual
    53. South Korea Hospital Bed Market, BY End Users (USD Million)
    54. Hospital
    55. Clinics
    56. Ambulatory
    57. Competitive Landscape
    58. Overview
    59. Competitive Analysis
    60. Market share Analysis
    61. Major Growth Strategy in the Hospital Bed Market
    62. Competitive Benchmarking
    63. Leading Players in Terms of Number of Developments in the Hospital Bed Market
    64. Key developments and growth strategies
    65. New Product Launch/Service Deployment
    66. Merger Acquisitions
    67. Joint Ventures
    68. Major Players Financial Matrix
    69. Sales and Operating Income
    70. Major Players RD Expenditure. 2023
    71. Company Profiles
    72. Stryker
    73. Financial Overview
    74. Products Offered
    75. Key Developments
    76. SWOT Analysis
    77. Key Strategies
    78. Arjo
    79. Financial Overview
    80. Products Offered
    81. Key Developments
    82. SWOT Analysis
    83. Key Strategies
    84. HillRom
    85. Financial Overview
    86. Products Offered
    87. Key Developments
    88. SWOT Analysis
    89. Key Strategies
    90. LG Electronics
    91. Financial Overview
    92. Products Offered
    93. Key Developments
    94. SWOT Analysis
    95. Key Strategies
    96. Hernan Medical
    97. Financial Overview
    98. Products Offered
    99. Key Developments
    100. SWOT Analysis
    101. Key Strategies
    102. Kangbuk Samsung Hospital
    103. Financial Overview
    104. Products Offered
    105. Key Developments
    106. SWOT Analysis
    107. Key Strategies
    108. Jiangsu Saikang Medical
    109. Financial Overview
    110. Products Offered
    111. Key Developments
    112. SWOT Analysis
    113. Key Strategies
    114. Nanjing Fuhua Medical
    115. Financial Overview
    116. Products Offered
    117. Key Developments
    118. SWOT Analysis
    119. Key Strategies
    120. Chang Gung Memorial Hospital
    121. Financial Overview
    122. Products Offered
    123. Key Developments
    124. SWOT Analysis
    125. Key Strategies
    126. Invacare
    127. Financial Overview
    128. Products Offered
    129. Key Developments
    130. SWOT Analysis
    131. Key Strategies
    132. Samsung Medison
    133. Financial Overview
    134. Products Offered
    135. Key Developments
    136. SWOT Analysis
    137. Key Strategies
    138. Yuwell
    139. Financial Overview
    140. Products Offered
    141. Key Developments
    142. SWOT Analysis
    143. Key Strategies
    144. Getinge
    145. Financial Overview
    146. Products Offered
    147. Key Developments
    148. SWOT Analysis
    149. Key Strategies
    150. Severance Hospital
    151. Financial Overview
    152. Products Offered
    153. Key Developments
    154. SWOT Analysis
    155. Key Strategies
    156. Medtronic
    157. Financial Overview
    158. Products Offered
    159. Key Developments
    160. SWOT Analysis
    161. Key Strategies
    162. References
    163. Related Reports
    164. South Korea Hospital Bed Market SIZE ESTIMATES & FORECAST, BY TYPE, 2019-2035 (USD Billions)
    165. South Korea Hospital Bed Market SIZE ESTIMATES & FORECAST, BY POWER, 2019-2035 (USD Billions)
    166. South Korea Hospital Bed Market SIZE ESTIMATES & FORECAST, BY END USERS, 2019-2035 (USD Billions)
    167. PRODUCT LAUNCH/PRODUCT DEVELOPMENT/APPROVAL
    168. ACQUISITION/PARTNERSHIP
    169. MARKET SYNOPSIS
    170. SOUTH KOREA HOSPITAL BED MARKET ANALYSIS BY TYPE
    171. SOUTH KOREA HOSPITAL BED MARKET ANALYSIS BY POWER
    172. SOUTH KOREA HOSPITAL BED MARKET ANALYSIS BY END USERS
    173. KEY BUYING CRITERIA OF HOSPITAL BED MARKET
    174. RESEARCH PROCESS OF MRFR
    175. DRO ANALYSIS OF HOSPITAL BED MARKET
    176. DRIVERS IMPACT ANALYSIS: HOSPITAL BED MARKET
    177. RESTRAINTS IMPACT ANALYSIS: HOSPITAL BED MARKET
    178. SUPPLY / VALUE CHAIN: HOSPITAL BED MARKET
    179. HOSPITAL BED MARKET, BY TYPE, 2024 (% SHARE)
    180. HOSPITAL BED MARKET, BY TYPE, 2019 TO 2035 (USD Billions)
    181. HOSPITAL BED MARKET, BY POWER, 2024 (% SHARE)
    182. HOSPITAL BED MARKET, BY POWER, 2019 TO 2035 (USD Billions)
    183. HOSPITAL BED MARKET, BY END USERS, 2024 (% SHARE)
    184. HOSPITAL BED MARKET, BY END USERS, 2019 TO 2035 (USD Billions)
    185. BENCHMARKING OF MAJOR COMPETITORS

    South Korea Hospital Bed Market Segmentation

    • Hospital Bed Market By Type (USD Million, 2019-2035)

      • Acute Care
      • Long-Term Care
      • Psychiatric Bariatric Care
      • Others
    • Hospital Bed Market By Power (USD Million, 2019-2035)

      • Electric
      • Semi-Electric
      • Manual
    • Hospital Bed Market By End Users (USD Million, 2019-2035)

      • Hospital
      • Clinics
      • Ambulatory
    Report Infographic
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