U.S. Hospital Beds Market

U.S. Hospital Beds Market Size (2023 to 2028)

The Hospital Beds Market size in the United States is forecasted to grow at a CAGR of 6.01% during the forecast period.

The growing number of people with various health-related problems in the United States is fuelling the need for hospital beds and drive the U.S. hospital beds market growth. The rising prevalence of chronic diseases such as cancer, cardiovascular diseases, neurological disorders, diabetes and arthritis is one of the major reasons behind the growing patient population in the U.S. Approximately 133 million Americans are suffering from any one of the chronic diseases in their lifetime. People suffering from this issue undergo treatment procedures requiring a bed for the complete treatment process. In the hospital sector, beds are present in various rooms, such as ICU rooms, operating rooms, patient wards, checking rooms, waiting rooms, diagnostic rooms, etc. The increasing geriatric population is also a reason for the demand of the market. The geriatric population needs special types of beds for the treatment purpose. Smart hospitals are adopting advanced beds, which helps keep the older patient safe without any falls.

The growing incidence of road accidents, burn injuries, and infection rates contributes to the growing demand for hospital beds in the U.S. market and propel the U.S. market growth. Increasing number of advancements in the manufacturing of hospital beds also boost the growth rate of the U.S. market. Researchers and manufacturers are focusing on developing advanced hospital beds, which help increase patient safety and reduce stress on healthcare providers and workers in moving patients during surgical procedures. Advanced technologies such as robotic and sensor technology are used in manufacturing hospital beds to improve the performance of the hospital beds. In recent years, foam-based mattresses have more demand, which helps provide more sleep compared to normal mattresses. Increasing investment in research and development, increasing private and public organizations' support, and the presence of key market participants are the other factors anticipated to promote the U.S. market growth.

The high cost of hospital beds is certainly a major factor impeding the market demand in the US. Lack of awareness, high maintenance of advanced hospital beds, long-time approval for novel beds, challenges with longevity, and lack of skilled professionals are the other factors hamper the market growth.

COVID-19 Impact on U.S. Hospital Beds Market:

The COVID-19 pandemic had negatively impacted the healthcare system in the United States. But the U.S. Hospital Beds Market had seen some profits during the pandemic. The pandemic had led to a rush in demand for hospital beds in the United States. Due to the rising COVID cases, the government had started building new hospitals to treat covid patients, which boosted the market. Moreover, the patients are scared of staying in hospitals after the surgery due to COVID, so patients started using the hospital's beds at home is elevating the demand of the market.

This research report on the U.S. Hospital Beds Market has been segmented & sub-segmented into the following categories.

By Usage:

• Acute care beds
• Long term care beds
• Psychiatric care beds
• Others (maternity, etc.)

By Power:

• Electric Bed
• Semi-Electric Bed
• Manual Bed

By End-User:

• Hospitals
• Clinics
• Ambulatory services
• Others

By Country:

• The United States

The United States hospital beds market held the leading share of the worldwide market in 2022 and the domination of the U.S. is expected to continue throughout the forecast period owing to the country's advanced healthcare infrastructure facilities. Government and healthcare organization has followed several rules for patient safety in the adoption and arrangement of beds in hospitals. Increasing advertisements about the various types of beds and their benefits through televisions and social media will likely set up growth opportunities for the market.

KEY MARKET PLAYERS:

Companies such as Invacare Corporation, Paramount Bed Holdings Co. Ltd., Gendron Inc., Medline Industries Inc., LINET spol. S r.o., Savaria Corporation, Savion Industries, Hill-Rom Holdings Inc., Stryker Corporation, and Getinge Group play a leading role in the U.S. hospital beds market.