Automated Hospital Beds Market Share

APAC Market Statistics

Regionally, the global automated hospital beds market is segmented into five major regions including North America, Europe, Asia Pacific, Latin America and the Middle East & Africa region. Asia Pacific industry is expected to account for largest revenue share by 2036, propelled by increasing geriatric population, as they are more prone to chronic diseases. According to the World Health Organization (WHO), the proportion of people aged 60 or above in the South East Asia region was 9.8% in 2017, which is evaluated to increase to 13.7% and 20.3% by 2030 and by 2050, respectively.

In addition, growing emphasis of governments to improve the healthcare infrastructure is also expected to drive market growth in the region in the coming years. Moreover, the market in Europe is projected to occupy the largest share during the forecast period owing to the favorable government policies regarding installation of automated hospital beds, and strong presence of major market players in the region.

Frequently Asked Questions (FAQ)

In the year 2024, the industry size of automated hospital beds is estimated at USD 24.7 billion.

Automated Hospital Beds Market size was over USD 23.62 billion in 2023 and is set to cross USD 48.56 billion by 2036, growing at more than 5.7% CAGR during the forecast period i.e., between 2024-2036. The market growth is driven by growing advancements and innovations in the medical devicesÃ¢â‚¬â„¢ technology, and increasing patient pool around the world.

Asia Pacific industry is expected to account for largest revenue share by 2036, propelled by increasing geriatric population, as they are more prone to chronic diseases.

The major players in the market are Gendron Inc., Invacare Corporation, Linetspol. sr.o., Medline Industries, Inc., Paramount Bed Holdings Co. Ltd., and others.

Automated Hospital Beds Market Share