Electric Bed Market To Shares, Strategies Opportunities 2027

Electric Bed Market Forecast to 2027 - COVID-19 Impact and Global Analysis By Product (Semi-automatic Electric Bed, and Fully Automatic Electric Bed), Application (General Bed, Intensive Care Bed, Bariatric Bed, and Birthing Bed),and EndUser (Hospitals and Clinics, Dentistry, and Others) and Geography

  • Report Code : TIPRE00017814
  • Category : Consumer Goods
  • Status : Published
  • No. of Pages : 180
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The electric bed market is expected to reach US$ 4,597.60 million by2027 from US$ 2,111.59 million in 2019. The market is estimated to grow ata CAGR of 9.6% from 2020 to 2027.

The growth of the market is attributed to key driving factors such as rising number of chronic diseases, increasing number of hospitals and clinics, and growing number of public–private partnership in the healthcare industry. However, the steep prices of electric beds and reduction in the average length of hospital stays are likely to hinder the electric beds market growth.

Lucrative Regionsfor Electric BedMarket



Lucrative Regionsfor Electric BedMarket
  • Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.

Market Insights

Rising Prevalence of Chronic Diseases

Beds are among the essential items used in hospitals, nursing homes, and home care settings. The electric beds, which are used in various applications, are available in specialized variants such as acute care beds, long-term care beds, psychiatric beds, and pregnancy beds. Patients suffering from orthopedic and musculoskeletal diseases have restricted movements and lack flexibility. Electric beds offer automatic adjustments with respect to head placement, height, and leg resting position for such patients. According to the World Health Organization (WHO), musculoskeletal diseases contribute a large share to the total disabilities in the world. According to the WHO, in 2018, cancer was the second-leading cause of death across the world, ~9.6 million deaths were reported in 2018. Furthermore, as per the estimates of the American Cancer Society, 1,735,350 new cancer cases were diagnosed in 2018. The patients in higher stages of cancer lose their ability to perform various physiological tasks on their own, and electric beds assist healthcare staff looking after such patients.

Thus, the rising prevalence of chronic diseases such as cardiovascular disease (CVD), cancer, and diabetes escalate the demand for electric beds.

Product-BasedInsights

Based on product, the electric bed market is segmented into semi-automatic electric bed and fully automatic electric bed. The semi-automatic electric bed segment held alargershare of the market in 2019,while the fully automatic electric bed segment is expected to grow at ahigherCAGR during the forecast period. The increasing number of patients coupled with patient compliance and improvement in the quality of care provided by healthcare institutions acrossthe world are expected to augment the growth of the fully automatic electric beds segment during the coming years.

Electric Bed Market, by Product– 2019and 2027



Electric Bed Market, by Product– 2019and 2027
  • Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.

Application-Based Insights

Based on application, the electric bed market is segmented into general bed, intensive care bed, bariatric bed, and birthing bed. The general bed segment held the largest share of the market in 2019. However, the intensive care segment is estimated to register the highest CAGR during the forecast period.

End User-Based Insights

Based on end user, the electric bed market is segmented into hospitals and clinics, dentistry, and others. The hospitals and clinics segment held the largest share of the market in 2019 and is estimated to register the highest CAGR during the forecast period.

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Electric Bed Market: Strategic Insights

electric-bed-market
Market Size Value inUS$ 2,111.59 Million in 2019
Market Size Value byUS$ 4,597.60 million by 2027
Growth rateCAGR of 9.6% from 2020-2027
Forecast Period2020-2027
Base Year2020
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The electric bed market mainlyconsists of players such as Arjo Medical Devices;Hill Rom Holding, Inc.;Medline Industries, Inc.;Paramount Bed Holdings Co., Ltd.;Invacare Corporation;Stryker Corporation;Malvestio Spa;LINET;Gendron Inc.;and Joerns Healthcare LLC. The companies have been implementing various strategies to ensure the growth of the company and in turn have brought about severalchanges in the market. For instance, in August 2018, Arjo launched IndiGo medical bed technology that comprises power drive systems, which is always ready for use, saving time and efforts.Moreover, IndiGo assists with automatic slope detection, thereby providing additional power when moving up slopes and braking assistance when moving down slopes.

Electric BedMarket– byProduct

  • Semi-Automatic Electric Bed
  • FullyAutomatic Electric Bed


Electric Bed Market– by Application

  • General Bed
  • Intensive Care Bed
  • Bariatric Bed
  • Birthing Bed


Electric Bed Market– by End User

  • Hospitals and Clinics
  • Dentistry
  • Others


Electric BedMarket – by Geography

  • North America

    • US
    • Canada
    • Mexico
  • Europe

    • France
    • Germany
    • Italy
    • UK
    • Spain
    • Rest of Europe
  • Asia Pacific (APAC)

    • China
    • India
    • South Korea
    • Japan
    • Australia
    • Rest of Asia Pacific
  • Middle East and Africa (MEA)

    • South Africa
    • Saudi Arabia
    • UAE
    • Rest of Middle East &Africa
  • South and Central America

    • Brazil
    • Argentina
    • Rest of South and Central America

Company Profiles

  • Arjo Medical Devices
  • Hill Rom Holding, Inc.
  • Medline Industries, Inc.
  • Paramount Bed Holdings Co., Ltd.
  • Invacare Corporation
  • Stryker Corporation
  • Malvestio Spa
  • LINET
  • Gendron Inc.
  • Joerns Healthcare LLC
Report Coverage
Report Coverage

Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends

Segment Covered
Segment Covered

Product , Application ,and EndUser and Geography

Regional Scope
Regional Scope

North America, Europe, Asia Pacific, Middle East & Africa, South & Central America

Country Scope
Country Scope

Argentina, Australia, Brazil, Canada, China, France, Germany, India, Italy, Japan, Mexico, Saudi Arabia, South Africa, South Korea, Spain, United Arab Emirates, United Kingdom, United States

Frequently Asked Questions


What are electric beds?

Electric beds are beds, which allow adjusting both the upper and lower body positions and adjusting the height of the bed itself. They may help a variety of medical complaints and exponentially increase comfort. Many medical conditions can actually be worsened by poor sleep quality and uncomfortable sleeping positions.

What are the driving factors for the electric bed market across the globe?

The rise in number of chronic diseases, increasing number of hospitals and clinics and increase in number of public-private partnership in healthcare industry are the factors driving the market growth. However, the steep prices of electric beds and reduction in average length of hospital stays are likely to hinder the market growth.

What is the regional market scenario of electric bed?

Global electric bed market is segmented by region into North America, Europe, Asia Pacific, Middle East & Africa and South & Central America. In North America, the U.S. is the largest market for electric beds. Increasing number of aging population, increasing number of hospitalizations, and technological advancements by key players in electric bed market. The Asia Pacific region is expected to account for the fastest growth in the electric bed market. In Japan and South Korea, the market is expected to grow owing to the development of the healthcare systems and proliferating medical tourism.

The List of Companies - Electric Bed Market

  1. Arjo Medical Devices
  2. Hill Rom Holding, Inc.
  3. Medline Industries, Inc.
  4. Paramount Bed Holdings Co., Ltd.
  5. Invacare Corporation
  6. Stryker Corporation
  7. Malvestio Spa
  8. LINET
  9. Gendron Inc.
  10. Joerns Healthcare LLC

The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.

  1. Data Collection and Secondary Research:

As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.

Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.

  1. Primary Research:

The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.

For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.

A typical research interview fulfils the following functions:

  • Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
  • Validates and strengthens in-house secondary research findings
  • Develops the analysis team’s expertise and market understanding

Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:

  • Industry participants: VPs, business development managers, market intelligence managers and national sales managers
  • Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.

Below is the breakup of our primary respondents by company, designation, and region:

Research Methodology

Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.

  1. Data Analysis:

Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.

  • 3.1 Macro-Economic Factor Analysis:

We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.

  • 3.2 Country Level Data:

Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.

  • 3.3 Company Profile:

The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.

  • 3.4 Developing Base Number:

Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.

  1. Data Triangulation and Final Review:

The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.

We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.

We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.

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