Published by Coherent Market Insights
Posted on September 20, 2021
5 min readLast updated: February 5, 2026
The Hospital Beds Market is set to grow from $3.49 billion in 2018 to $5.6 billion by 2027, driven by technological advancements and increased hospital expansions.
Hospital Beds Market Size And Forecast
The global Hospital Beds market was valued at US$ 3.49 billion in 2018 and is projected to reach US$ 5.6 Billion by 2027, growing At a CAGR of 6.2% from 2020 to 2027.
Hospital beds provides easier access to caregiver and patient. Hospital beds are available in different sizes ranging from 35 to 54 inches in width and 75 to 88 inches in length. Hospital beds can be adjusted in different forms, according to the need of the patient. The higher position of the bed helps the caregiver to serve the patient, whereas the lower position of the bed provides easier access to patient for getting in or out of the bed.
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What are Hospital Beds?
Hospital beds are designed for hospitalized patients or for the patients, who need healthcare services as well as for the convenience of their caretaker. Hospital beds offer numerous facilities such as adjustable height, electronic buttons to operate in case of emergency, and provides comfort and ease to patients during treatment. Household beds are difficult to maintain for longer period, whereas hygiene and cleanliness are not maintained properly. Hospital beds can be set to any inclination or reclined as per the patient’s condition or comfort. Semi-electric beds are used to raise and lower the head and foot portions of the bed.
Key players in the market are focused on integrating advanced patient monitoring technologies with hospital beds to improve the patient care and as well as enhance the caregiver focused technology, which are expected to propel the market over the forecast period. For instance, in December 2018, Hill-Rom Services Inc., launched Patient Monitoring Technology for Centrella Smart+ Beds. The Centrella Smart+ Beds have integrated respiratory and heart rate sensing and analytics technology, which assists clinicians in providing the highest level of care to the patients.
Increasing expansions and advancement of hospitals are expected to boost growth of hospital beds market. For instance, on October 2019, the Texas Health and Human Services and Dell Medical School at The University of Texas at Austin initiated the construction of new hospital, in order to replace the old psychiatric hospital in Texas, U.S. a funding of approximately US$ 180.5 million was approved by the Texas Legislature and the Governor for design in May 2019, and initial construction of a modern, state-of-the-art psychiatric hospital with a capacity of 240 beds. The hospital in scheduled to open in June 2023.
Detailed Segmentation
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By Application:
By Type:
By End User:
Hospital Beds Market by Geography Analysis::
North America (The US, Canada, and Mexico)
Europe (the UK, Germany, France, and Rest of Europe)
Asia Pacific (China, India, and Rest of Asia Pacific)
Latin America (Brazil and Rest of Latin America)
Middle East & Africa (Saudi Arabia, the UAE, South Africa, and Rest of Middle East & Africa)
Key Players In Hospital Beds Market
The “Global Hospital Beds Market” study report will provide a valuable insight with an emphasis on the global market. The major players in the market are Stryker Corporation, Hill-Rom Holdings, Inc., Getinge AB, Invacare Corporation, Medline Industries, Inc., Linet Spol. S.R.O., Stiegelmeyer GmbH & Co. Kg, Antano Group S.R.L, Amico Corporation, and Midmark Corporation.
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The post Hospital Beds Market to Hit US$ 5.6 Billion By 2027 At a CAGR of 6.2% over the forecast period (2019-2027) appeared first on Gatorledger.
The article discusses the growth and forecast of the global Hospital Beds Market, projected to reach $5.6 billion by 2027.
Advancements in patient care technology and hospital expansions are key drivers of market growth.
Major players include Stryker Corporation, Hill-Rom Holdings, Inc., and Getinge AB.
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