Hospital Beds and Supporting Equipment Market Share

  • Report ID: 4211
  • Published Date: Dec 20, 2024
  • Report Format: PDF, PPT

Hospital Beds and Supporting Equipment Market Share

Europe Market Forecast

Europe industry is poised to account for largest revenue share by 2037, attributed to growing ongoing advancements in medical technology and rising manufacturing of hospital beds in the region.  The growth of the market can be attributed majorly to the growing ongoing advancements in medical technology and the rising manufacturing of hospital beds in the region are further estimated to propel the growth of the market over the forecast period. For instance, more than 2 million hospital beds were available across Europe in 2018. Moreover, geriatric population with a significant number of chronic diseases and mobility issues are also projected to expand the market size in the region over the forecast period. In 2019, approximately 90 million people in Europe were observed to be aged 65 or above. All these factors are anticipated to foster the growth of the market over the forecast period.

APAC Market Statistics

Furthermore, the global hospital beds market is also projected to witness notable growth at a rapid pace in Asia Pacific over the forecast period. Surge in road accidents resulting in serious physical injuries coupled with boom in the geriatric population are the major factors expected to drive the market growth exponentially in the region during the forecasted timeframe. For instance, it was estimated the in Asia Pacific, the number of geriatrics will nearly 1 billion by 2050.

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Author Credits:  Radhika Pawar


  • Report ID: 4211
  • Published Date: Dec 20, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

In the year 2025, the industry size of hospital beds and supporting equipment is evaluated at USD 2.63 billion.

The hospital beds and supporting equipment market size was over USD 2.33 billion in 2024 and is poised to exceed USD 6.26 billion by 2037, witnessing over 7.9% CAGR during the forecast period i.e., between 2025-2037. Spiking geriatric population across the globe and mounting adoption of healthcare automation will boost the market growth.

Europe industry is poised to account for largest revenue share by 2037, attributed to growing ongoing advancements in medical technology and rising manufacturing of hospital beds in the region.

The major players in the market are Paramount Bed Co Ltd, Hill-Rom Services, Inc, Stryker Corporation, Invacare Corporation, Joerns Healthcare LLC., Medline Industries, Inc., Gendron, Inc., Savaria Corporation, Antano Group S.R.L.
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