Medical/Therapeutic Beds Market 2022 New Investment Projects Review

Medical or hospitals beds are the beds that are regularly maintained at all the hospitals and are immediately available for use by patients admitted in the hospitals. Some of the types of medical beds generally used in healthcare facilities are acute-care beds, long-term care beds, rehabilitative beds and other types of beds. Acute care beds are the beds used in cases where the primary intention is to cure illness, perform therapeutic or diagnostic procedures and to provide definitive treatments to injuries. Rehabilitative beds are those which are used for psychiatric and non-psychiatric rehabilitative care along with accommodating patients, who need improvement or restoration of body structures and functions. Long-term care beds are used to accommodate patients who are admitted in a healthcare facility for a longer period of time. Psychiatric care beds are used to accommodate patients suffering from mental health problems. In addition to these beds, various types of therapeutic beds are used in homecare settings which include manual beds, fully electric beds and semi-electric beds.
Some of the key factors contributing to the growth of the Global Medical/Therapeutic Beds Market are increasing incidence of chronic disorders across the world, increasing emphasis of development of healthcare infrastructure, rising demand for quality infrastructure by the patient community and increasing geriatric population around the globe requiring long-term care. According to the 2015 World Aging Population report by the UN, between 2015 and 2030, the global population aged 60 years and over is expected to grow by 56% from 901 million to 1.4 billion. This number is projected to rise up to 2.1 billion by 2050. With such significant increase in the population of older adults, the demand for medical/therapeutic beds is bound to increase significantly during the forecast period. However, the high prices of medical beds can affect the market growth to some extent during the forecast period.
 The key players operating in the global medical/therapeutic beds market focus on product development to introduce improved medical beds in the market along with strategic collaborations. For instance, in January 2017, Getinge AB, one of the leading providers of innovative solutions for operating rooms and intensive care units, announced the U.S. launch of the Total Lift Bed from Vital Go Systems. The company entered into an exclusive distribution agreement with Vital Go Systems under which its ArjoHuntleigh brand is the exclusive distributor for Total Lift Bed for acute and long-term acute care settings. In another instance, in March 2016, the Kuwait-based YIACO Medical Company partnered with a leading European hospital and nursing beds manufacturer, LINET Group SE under which, YIACO will represent LINET brand in Kuwait for distributing an array of products including hospital and nursing beds along with special mattresses.
Major Market Players
Ø  Stryker Corporation
Ø  Getinge AB
Ø  Hill-Rom Holdings
Ø  Medline Industries, Inc.
Ø  Invacare Corporation
Ø  Stiegelmeyer GmbH & Co. KG
Ø  LINET spol. s r.o.
Ø  Malvestio Spa
Ø  Span-America Medical Systems, Inc. (acquired by Savaria Corporation)
Ø  Antano Group
Ø  Merivaara Corp
Ø  PARAMOUNT BED CO., LTD.
Ø  Amico Corporation
ؠ Famed Żywiec Sp. z o.o.
Ø  Janak Healthcare Pvt. Ltd.

Medical/Therapeutic Beds Market Segmentation:
By Type:
  • Electric Beds
  • Manual Beds
  • Semi-electric Beds
By Usage:
  • Acute Care Beds
  • Long-term Care Beds
  • Psychiatric Care Beds
  • Other Beds
By Application:
  • Non-intensive Care Beds
  • Intensive Care Beds
By End User:
  • Hospitals
  • Elderly Care Facilities
  • Home Care Settings
By Region:
  • North America
o    U.S
o    Canada
o    Mexico
  • Europe
o    Germany
o    France
o    UK
o    Italy
o    Spain
o    Rest of Europe
  • Asia-Pacific
o    Japan
o    China
o    Australia
o    India
o    South Korea
o    Rest of Asia-Pacific
  • Rest of the World
o    Brazil
o    South Africa
o    Saudi Arabia
o    Turkey
o    United Arab Emirates
o    Others

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