The hospital bed market in North America is expected to grow from US$ 1,083.38 million in 2022 to US$ 1,466.55 million by 2028; it is estimated to grow at a CAGR of 5.2% from 2022 to 2028.

Growing Preference for Highly Equipped Hospital Bed with Innovative Features

According to a report by the National Institute of Health (NIH), there is a high demand for equipped, facilitated bed, which help prevent other physiological complications among patients, which include bedsores. According to the Mayo Foundation for Medical Education and Research (MFMER) report, a patient suffering from bedsores has medical conditions limiting the ability to change positions or cause them to spend most of their time in a bed or chair. For example, bedsores fall into several stages based on depth, severity, and other characteristics such as the degree of skin and tissue damage ranging from changes in skin color to a severe injury involving muscle and bone. However, the development of information technology (IT) in healthcare, i.e., healthcare IT based medical equipment’s such as smart hospital bed, involving the use of wireless sensor networks (WSNs), has resulted in easy and quick service acting as a solution to prevent bedsores in motionless and disabled patients. With simple applications (apps), hospital bed has been transformed into highly networked appliances, which are categorized as Class 2 Medical Devices seeking electronic intelligence. For example, modern hospital bed is equipped with a monitor screen that shows the health status of patients and enables remote transmission of data to the nurse station. Additional modules include tilt accelerometers and motor drives to control the tilt of bed, powered wheels to facilitate the movement of the patient to different areas of the hospital, USB, and Ethernet ports to aid in connectivity with a PC or a hospital network, and an LCD screen and keypad for the user interface, which allow healthcare providers to offer comfort to patients. In October 2020, Stryker announced the launch of “ProCuity,” which is the first and only wireless hospital bed available in the market. This newly launched product is designed to help reduce the fall of patients in hospitals, improve the efficiencies and safety of nurses, and lower hospital operating costs. This bed can connect seamlessly to nurse call systems without the use of cables and wires.

Market Overview

The North America hospital bed market is segmented in the US, Canada, and Mexico. The growth of the market in North America is attributed to the increasing adoption of healthcare smart beds in acute care or long-term care facilities. For example, the Harvard Medical School reveals in a published study that using respiratory rate sensing technology and heart-rate sensing technology, when incorporated in hospital bed such as bedide monitors and EarlySense’s under-the-mattress, helps reduce such events among the patients by 86%. Such aforementioned factors are responsible for the growth of the hospital bed market in North America. The US has the highest rates of intensive care beds among high-income countries and the highest overall hospital capacity in North America.

North America Hospital Bed Market Revenue and Forecast to 2028 (US$ Million)

North America Hospital bed market Segmentation

The North America hospital bed market is segmented on the basis of type, usage, application, end user, and country. Based on type, the market is segmented into semi-electric bed, electric bed, and manual bed. The semi-electric bed segment held the largest market share in 2022.

Based on usage, the market is segmented into acute care bed, long-term care bed, psychiatric care bed, and others. The acute care bed segment held the largest market share in 2022. Based on application, the market is bifurcated into non-intensive care bed and intensive care bed. The non-intensive care bed segment held a larger market share in 2022. Based on end user, the market is categorized into hospitals & clinics, elderly care facilities, ambulatory surgical centers, and home care settings. The hospitals & clinics segment held the largest market share in 2022. Based on country, the market is segmented into the US, Canada, and Mexico. The US dominated the market in 2022. Hill Rom Holding inc. (Baxter); Stryker Corporation; Arjo Medical Devices; Invacare Corporation; Paramount Bed Holdings Co., Ltd.; GF Health Products Inc.; Malvestio Spa; Span America (Savaria Corporation); Savion Industries; and STIEGELMEYER GMBH & CO.KG are among the leading companies operating in the North America hospital bed market.

TABLE OF CONTENTS

1. Introduction
1.1 Study Scope
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
1.3.1 North America Hospital Bed Market – By Type
1.3.2 North America Hospital Bed Market – By Usage
1.3.3 North America Hospital Bed Market – By Application
1.3.4 North America Hospital Bed Market – By End User
1.3.5 North America Hospital Bed Market – By Country
2. Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. North America Hospital Bed Market – Market Landscape
4.1 Overview
4.2 PEST Analysis
4.2.1 North America PEST Analysis
4.3 Experts Opinion
5. North America Hospital Bed Market – Key Market Dynamics
5.1 Market Drivers
5.1.1 Rising Prevalence of Chronic Diseases
5.1.2 Growing Preference for Highly Equipped Hospital Bed with Innovative Features
5.2 Market Restraints
5.2.1 Bedsores or Pressure Sores Associated with Hospital Bed
5.3 Market Opportunities
5.3.1 Home Healthcare Services for Geriatric Populations and Postoperative Care
5.4 Future Trends
5.4.1 Increasing Popularity of Smart Hospital Bed
5.5 Impact Analysis
6. Hospital Bed Market – North America Analysis
6.1 North America Hospital Bed Market Revenue Forecast & Analysis
7. North America Hospital Bed Market Analysis – By Type
7.1 Overview
7.2 North America Hospital Bed Market, by Type, 2021 & 2028 (%)
7.3 Semi-Electric Bed
7.3.1 Overview
7.3.2 Semi-Electric Bed Market Revenue and Forecast to 2028 (US$ Million)
7.4 Electric-Bed
7.4.1 Overview
7.4.2 Electric-Bed Market Revenue and Forecast to 2028 (US$ Million)
7.5 Manual Bed
7.5.1 Overview
7.5.2 Manual Bed Market Revenue and Forecast to 2028 (US$ Million)
8. North America Hospital Bed Market Analysis – By Usage
8.1 Overview
8.2 North America Hospital Bed Market, by Usage, 2021 & 2028 (%)
8.3 Acute Care Bed
8.3.1 Overview
8.3.2 Acute Care Bed Market Revenue and Forecast to 2028 (US$ Million)
8.4 Long-Term Care Bed
8.4.1 Overview
8.4.2 Long-Term Care Bed Market Revenue and Forecast to 2028 (US$ Million)
8.5 Psychiatric Care Bed
8.5.1 Overview
8.5.2 Psychiatric Care Bed Market Revenue and Forecast to 2028 (US$ Million)
8.6 Others
8.6.1 Overview
8.6.2 Others Market Revenue and Forecast to 2028 (US$ Million)
9. North America Hospital Bed Market Analysis – By Application
9.1 Overview
9.2 North America Hospital Bed Market, by Application, 2021 & 2028 (%)
9.3 Non-Intensive Care Bed
9.3.1 Overview
9.3.2 Non-Intensive Care Bed Market Revenue and Forecast to 2028 (US$ Million)
9.4 Intensive Care Bed
9.4.1 Overview
9.4.2 Intensive Care Bed Market Revenue and Forecast to 2028 (US$ Million)
10. North America Hospital Bed Market Analysis – By End User
10.1 Overview
10.2 North America Hospital Bed Market, by End User, 2021 & 2028 (%)
10.3 Hospitals and Clinics
10.3.1 Overview
10.3.2 Hospitals and Clinics Market Revenue and Forecast to 2028 (US$ Million)
10.4 Elderly Care Facilities
10.4.1 Overview
10.4.2 Elderly Care Facilities Market Revenue and Forecast to 2028 (US$ Million)
10.5 Ambulatory Surgical Centers
10.5.1 Overview
10.5.2 Ambulatory Surgical Centers Market Revenue and Forecast to 2028 (US$ Million)
10.6 Home care Settings
10.6.1 Overview
10.6.2 Home care Settings Market Revenue and Forecast to 2028 (US$ Million)
11. North America Hospital Bed – by Country Analysis
11.1 North America: Hospital Bed Market
11.1.1 Overview
11.1.2 North America: Hospital Bed Market, by Country, 2021 & 2028 (%)
11.1.2.1 US: Hospital Bed Market – Revenue and Forecast to 2028 (US$ Million)
11.1.2.1.1 Overview
11.1.2.1.2 US: Hospital Bed Market – Revenue and Forecast to 2028 (US$ Million)
11.1.2.1.3 US: Hospital Bed Market, by Type, 2020–2028 (US$ Million)
11.1.2.1.4 US: Hospital Bed Market, by Usage, 2020–2028 (US$ Million)
11.1.2.1.5 US: Hospital Bed Market, by Application, 2020–2028 (US$ Million)
11.1.2.1.6 US: Hospital Bed Market, by End User, 2020–2028 (US$ Million)
11.1.2.2 Canada: Hospital Bed Market – Revenue and Forecast to 2028 (US$ Million)
11.1.2.2.1 Overview
11.1.2.2.2 Canada: Hospital Bed Market – Revenue and Forecast to 2028 (US$ Million)
11.1.2.2.3 Canada: Hospital Bed Market, by Type, 2020–2028 (US$ Million)
11.1.2.2.4 Canada: Hospital Bed Market, by Usage, 2020–2028 (US$ Million)
11.1.2.2.5 Canada: Hospital Bed Market, by Application, 2020–2028 (US$ Million)
11.1.2.2.6 Canada: Hospital Bed Market, by End User, 2020–2028 (US$ Million)
11.1.2.3 Mexico: Hospital Bed Market – Revenue and Forecast to 2028 (US$ Million)
11.1.2.3.1 Overview
11.1.2.3.2 Mexico: Hospital Bed Market – Revenue and Forecast to 2028 (US$ Million)
11.1.2.3.3 Mexico: Hospital Bed Market, by Type, 2020–2028 (US$ Million)
11.1.2.3.4 Mexico: Hospital Bed Market, by Usage, 2020–2028 (US$ Million)
11.1.2.3.5 Mexico: Hospital Bed Market, by Application, 2020–2028 (US$ Million)
11.1.2.3.6 Mexico: Hospital Bed Market, by End User, 2020–2028 (US$ Million)
12. Hospital Bed Market–Industry Landscape
12.1 Overview
12.2 Growth Strategies in the Hospital Bed Market (%)
12.3 Organic Developments
12.3.1 Overview
12.4 Inorganic Developments
12.4.1 Overview
13. Company Profiles
13.1 Hill Rom Holding Inc. (Baxter)
13.1.1 Key Facts
13.1.2 Business Description
13.1.3 Products and Services
13.1.4 Financial Overview
13.1.5 SWOT Analysis
13.1.6 Key Developments
13.2 Stryker Corporation
13.2.1 Key Facts
13.2.2 Business Description
13.2.3 Products and Services
13.2.4 Financial Overview
13.2.5 SWOT Analysis
13.2.6 Key Developments
13.3 Arjo Medical Devices
13.3.1 Key Facts
13.3.2 Business Description
13.3.3 Products and Services
13.3.4 Financial Overview
13.3.5 SWOT Analysis
13.3.6 Key Developments
13.4 Invacare Corporation
13.4.1 Key Facts
13.4.2 Business Description
13.4.3 Products and Services
13.4.4 Financial Overview
13.4.5 SWOT Analysis
13.4.6 Key Developments
13.5 Paramount Bed Holdings Co., Ltd.
13.5.1 Key Facts
13.5.2 Business Description
13.5.3 Products and Services
13.5.4 Financial Overview
13.5.5 SWOT Analysis
13.5.6 Key Developments
13.6 GF Health Products Inc.
13.6.1 Key Facts
13.6.2 Business Description
13.6.3 Products and Services
13.6.4 Financial Overview
13.6.5 SWOT Analysis
13.6.6 Key Developments
13.7 Malvestio Spa
13.7.1 Key Facts
13.7.2 Business Description
13.7.3 Products and Services
13.7.4 Financial Overview
13.7.5 SWOT Analysis
13.7.6 Key Developments
13.8 Span America (Savaria Corporation)
13.8.1 Key Facts
13.8.2 Business Description
13.8.3 Products and Services
13.8.4 Financial Overview
13.8.5 SWOT Analysis
13.8.6 Key Developments
13.9 Savion Industries
13.9.1 Key Facts
13.9.2 Business Description
13.9.3 Products and Services
13.9.4 Financial Overview
13.9.5 SWOT Analysis
13.9.6 Key Developments
13.10 STIEGELMEYER GMBH & CO.KG
13.10.1 Key Facts
13.10.2 Business Description
13.10.3 Products and Services
13.10.4 Financial Overview
13.10.5 SWOT Analysis
13.10.6 Key Developments
14. Appendix
14.1 About The Insight Partners
14.2 Glossary of Terms

LIST OF TABLES

Table 1. US Hospital Bed Market, by Type – Revenue and Forecast to 2028 (US$ Million)
Table 2. US Hospital Bed Market, by Usage– Revenue and Forecast to 2028 (US$ Million)
Table 3. US Hospital Bed Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 4. US Hospital Bed Market, by End User – Revenue and Forecast to 2028 (US$ Million)
Table 5. Canada: Hospital Bed Market, by Type – Revenue and Forecast to 2028 (US$ Million)
Table 6. Canada Hospital Bed Market, by Usage– Revenue and Forecast to 2028 (US$ Million)
Table 7. Canada Hospital Bed Market, by Application– Revenue and Forecast to 2028 (US$ Million)
Table 8. Canada Hospital Bed Market, by End User – Revenue and Forecast to 2028 (US$ Million)
Table 9. Mexico: Hospital Bed Market, by Type – Revenue and Forecast to 2028 (US$ Million)
Table 10. Mexico Hospital Bed Market, by Usage– Revenue and Forecast to 2028 (US$ Million)
Table 11. Mexico Hospital Bed Market, by Application– Revenue and Forecast to 2028 (US$ Million)
Table 12. Mexico Hospital Bed Market, by End User – Revenue and Forecast to 2028 (US$ Million)
Table 13. Organic Developments in the Hospital Bed Market
Table 14. Inorganic Developments in the Hospital Bed Market
Table 15. Glossary of Terms

LIST OF FIGURES

Figure 1. North America Hospital Bed Market Segmentation
Figure 2. North America Hospital Bed Market, By Country
Figure 3. North America Hospital Bed Market Overview
Figure 4. Semi-Electric Bed Holds Maximum Share in Hospital Bed Market
Figure 5. US is Expected to Show Remarkable Growth During the Forecast Period
Figure 6. North America: PEST Analysis
Figure 7. North America Experts Opinion
Figure 8. North America Impact Analysis
Figure 9. North America Hospital Bed Market – Revenue Forecast and Analysis – 2020- 2028
Figure 10. North America Hospital Bed Market, by Type, 2021 & 2028 (%)
Figure 11. North America Semi-Electric Bed Market Revenue and Forecast to 2028 (US$ Million)
Figure 12. North America Electric-Bed Market Revenue and Forecast to 2028 (US$ Million)
Figure 13. North America Manual Bed Market Revenue and Forecast to 2028 (US$ Million)
Figure 14. North America Hospital Bed Market, by Usage, 2021 & 2028 (%)
Figure 15. North America Acute Care Bed Market Revenue and Forecast to 2028 (US$ Million)
Figure 16. North America Long-Term Care Bed Market Revenue and Forecast to 2028 (US$ Million)
Figure 17. North America Psychiatric Care Bed Market Revenue and Forecast to 2028 (US$ Million)
Figure 18. North America Others Market Revenue and Forecast to 2028 (US$ Million)
Figure 19. North America Hospital Bed Market, by Application, 2021 & 2028 (%)
Figure 20. North America Non-Intensive Care Bed Market Revenue and Forecast to 2028 (US$ Million)
Figure 21. North America Intensive Care Bed Market Revenue and Forecast to 2028 (US$ Million)
Figure 22. North America Hospital Bed Market, by End User, 2021 & 2028 (%)
Figure 23. North America Hospitals and Clinics Market Revenue and Forecast to 2028 (US$ Million)
Figure 24. North America Elderly Care Facilities Market Revenue and Forecast to 2028 (US$ Million)
Figure 25. North America Ambulatory Surgical Centers Market Revenue and Forecast to 2028 (US$ Million)
Figure 26. North America Home care Settings Market Revenue and Forecast to 2028 (US$ Million)
Figure 27. North America: Hospital Bed Market, by Key Country – Revenue (2021) (US$ Million)
Figure 28. North America: Hospital Bed Market, by Country, 2021 & 2028 (%)
Figure 29. US: Hospital Bed Market – Revenue and Forecast to 2028 (US$ Million)
Figure 30. Canada: Hospital Bed Market – Revenue and Forecast to 2028 (US$ Million)
Figure 31. Mexico: Hospital Bed Market – Revenue and Forecast to 2028 (US$ Million)
Figure 32. Growth Strategies in the Hospital Bed Market (%)

● Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the North America hospital bed market.
● Highlights key business priorities in order to assist companies to realign their business strategies
● The key findings and recommendations highlight crucial progressive industry trends in the North America hospital bed market, thereby allowing players across the value chain to develop effective long-term strategies
● Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
● Scrutinize in-depth North America market trends and outlook coupled with the factors driving the North America hospital bed market, as well as those hindering it
● Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing, and distribution

The List of Companies – North America Hospital Bed Market

● Hill Rom Holding inc. (Baxter)
● Stryker Corporation
● Arjo Medical Devices
● Invacare Corporation
● Paramount Bed Holdings Co., Ltd.
● GF Health Products Inc.
● Malvestio Spa
● Span America (Savaria Corporation)
● Savion Industries
● STIEGELMEYER GMBH & CO.KG

At 5.2% CAGR, the North America Hospital Bed Market is speculated to be worth US$ 1,466.55 million by 2028, says The Insight Partners

According to The Insight Partners’ research, the North America hospital bed market was valued at US$ 1,083.38 million in 2022 and is expected to reach US$ 1,466.55 million by 2028, registering an annual growth rate of 5.2% from 2022 to 2028. Rising prevalence of chronic diseases and growing preference for highly equipped hospital bed with innovative features.

According to the National Health Council report, ~40 million Americans face constraints in their routine activities as they suffer from one or more chronic health conditions. Incurable chronic diseases affect ~133 million Americans, representing more than 40% of the total population as per the published report in 2019. Many people are living with one or more chronic illnesses, such as diabetes, heart disease, or depression, but with two or more conditions. Such a high prevalence of chronic diseases may result in a greater requirement for hospitalization, which drives the demand for hospital bed. According to the estimates presented in a report by the Department of Health & Children, ~80% of the general practitioners’ (GP) consultations and 60% of hospital bed requirements are related to chronic disease cases with associated complications. Patients are accommodated on this bed for managing labor (obstetrics), curing nonmental illness or providing definitive treatments to injuries, performing surgeries, and relieving symptoms of nonmental illnesses, among others. ~75% of the healthcare expenditure is allocated to managing chronic diseases every year in the US. This is expected to drive the market during the forecast period.

On the contrary, bedsores or pressure sores associated with hospital bed hurdles the growth of North America hospital bed market.

Based on type, the North America hospital bed market is categorized into semi-electric bed, electric bed, and manual bed. The semi-electric bed segment held 46.0% market share in 2022, amassing US$ 498.87 million. It is projected to garner US$ 669.56 million by 2028 to expand at 5.0% CAGR during 2022–2028. Based on usage, the North America hospital bed market is categorized into acute care bed, long-term care bed, psychiatric care bed, and others. The acute care bed segment held 45.7% market share in 2022, amassing US$ 495.59 million. It is projected to garner US$ 667.57 million by 2028 to expand at 5.1% CAGR during 2022–2028. Based on application, the North America hospital bed market is bifurcated into non-intensive care bed and intensive care bed. The non-intensive care bed segment held 51.2% market share in 2022, amassing US$ 555.05 million. It is projected to garner US$ 776.14 million by 2028 to expand at 5.7% CAGR during 2022–2028 Based on end user, the North America hospital bed market is categorized into hospitals & clinics, elderly care facilities, ambulatory surgical centers, and home care settings. The hospitals & clinics segment held 35.2% market share in 2022, amassing US$ 381.66 million. It is projected to garner US$ 546.61 million by 2028 to expand at 6.2% CAGR during 2022–2028. Based on country, the North America hospital bed market has been categorized into the US, Canada, and Mexico. Our regional analysis states that US captured 84.9% market share in 2022. It was assessed at US$ 919.47 million in 2022 and is likely to hit US$ 1,259.43 million by 2028, exhibiting a CAGR of 5.4% during the forecast period. Key players dominating the North America hospital bed market are Hill Rom Holding inc. (Baxter); Stryker Corporation; Arjo Medical Devices; Invacare Corporation; Paramount Bed Holdings Co., Ltd.; GF Health Products Inc.; Malvestio Spa; Span America (Savaria Corporation); Savion Industries; and STIEGELMEYER GMBH & CO.KG among others.

In Dec 2018, Hill Rom launches Centrella Smart plus Bed. In April 2022, Stryker named one of Fortune’s 100 Best Companies to Work for 12th consecutive year.