The most recent study conducted by Report Ocean, titled “Global Healthcare Smart Beds Market Size, Share, Pricing, Trends, Growth, Report and Forecast 2023-2030,” presents a comprehensive analysis of the worldwide market. This research delves into the factors driving the market, emerging trends, opportunities for development, as well as potential limitations that may affect the Healthcare Smart Beds. The report provides an estimation of the global market size and examines recent strategic actions taken by prominent international competitors.
Global Healthcare Smart Beds Market is valued approximately at USD 411.2 Million in 2020 and is anticipated to grow with a healthy growth rate of more than 7.6% over the forecast period 2021-2027. Healthcare Smart Beds are the beds with a remote monitoring system to keep the track of the patient through beds containing sensors for body temperature, heartbeat, blood, oxygen and others.
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According to data from the U.S. Bureau of Economic Analysis and the U.S. Census Bureau, the goods and services deficit increased by $1.9 billion from $68.7 billion in January 2023 to $70.5 billion in February. The increase in the goods and services deficit in February was due to a $2.7 billion increase in the goods deficit to $93.0 billion and a $0.8 billion increase in the services surplus to $22.4 billion. Compared to the same period in 2022, the goods and services deficit has dropped this year by $35.5 billion, or 20.3%. $49.5 billion or 10.8% more was exported. 2.2% or $14.0 billion more was spent on imports.
They provide enable effective patient monitoring and effective delivery of care along with collecting electronic medical records of the patients. The global Healthcare Smart Beds market is being driven by the rising number of new product launches, increasing prevalence of chronic diseases and the rising number of surgeries.
Furthermore, technology upgradation and the integration of artificial intelligence provides information by patient monitoring and their physicians about health activities of their patients, which will boost new opportunities for the global Healthcare Smart Beds industry. For instance, in 2020, Stryker launched a wireless smart hospital bed ProCuity to improve efficiency and safety.
Also, in 2021, Digital health company Zyter launched a new tool for healthcare technology to deploy large facilities into a single unified 5G-ready smart platform, called Zyter Smart Hospitals. However, high costs of advanced technology beds and low health budgets set by the governments in the underdeveloped countries may impede market growth over the forecast period of 2021-2027.
The global Healthcare Smart Beds Market is analyzed considering for the key regions such as Asia Pacific, North America, Europe, Latin America, and Rest of the World. North America is the leading region across the world in terms of market share due to adoption of artificial intelligence and promptness & affordability of health monitoring services coupled with the well-established healthcare infrastructure which has stimulated product demand in the region. Whereas Asia Pacific is anticipated to exhibit the highest CAGR over the forecast period 2021-2027, due to the rising disposable income and rising incidences of disease in the region.
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Major market player included in this report are:
Stryker Corporation
Hill-Rom Holdings, Inc.
Invacare Corporation
Paramount Bed Holdings Co., Ltd.
LINET
Joerns Healthcare LLC
Stiegelmeyer GmbH & Co. KG
Arjo
Volker GmbH
Favero Health Projects SpA
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Application:
Hospitals
Outpatient Clinics
Medical Nursing Homes
Medical Laboratory and Research
By Region:
North America
U.S.
Canada
Europe
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UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World
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