Global Healthcare Smart Beds Market Forecast, Trend Analysis And Competition Tracking - Global Market insights 2015 to 2031
-
29850
-
May 2023
-
150
-
-
This report was compiled by Correspondence Linkedin | Detailed Market research Methodology Our methodology involves a mix of primary research, including interviews with leading mental health experts, and secondary research from reputable medical journals and databases. View Detailed Methodology Page
-
Global Healthcare Smart Beds Market Introduction:
The healthcare smart bed is the latest in medical technology for monitoring patients in their own beds. This bed is designed to increase post-operative recovery rates by detecting movements, heart rate, breathing rate, sleep quality, and other vital signs. Research shows that using this technology can reduce the risk of mortality after surgery by 32%. This bed is FDA approved and available in all sizes.
Smart healthcare beds are designed to help with the recovery of patients. With the use of sensors, these beds collect data on patient movement, breathing rates, heart rate, oxygen level, and sleep quality. This data is used to monitor patients during recovery and alert medical staff if there are any changes in condition. These beds also allow nurses to adjust therapy levels without moving the patient around. Increased demand for healthcare smart beds in developed countries is the result of increasing awareness and knowledge about the treatment and management of sleep related disorders, such as restless leg syndrome (RLS) and obstructive sleep apnea (OSA). Nurses in hospitals and hospitals-in-the-home who care for patients with these conditions are finding it difficult to provide adequate care when traditional bedside rails, such as side rails, headboards, and foot boards restrict patient mobility.
A cancer patient, who has been prescribed a course of chemotherapy, can now have a more comfortable experience with the use of a medical bed. In addition to being adjustable to different positions, these beds also come equipped with an electric blanket and heating pad to warm the patient from the inside out. These new features are designed for patients who have difficulty sleeping due to their illness, as well as those who need warmth to help ease any discomfort.
Smart beds have all the major types of sensors to monitor patient movement and non-invasively monitor patient pressure and medication for patients lying on the bed. Smart beds are equipped with the latest patient care technology. It has an LCD display to check patient activity such as blood flow patterns, pressure, sleep activity, spinal cord movement during sleep, and the ability to contact a doctor directly in an emergency via sensors on the bed. Smart hospital beds can be connected via the internet and monitored remotely by doctors, nurses or healthcare professionals. It has wheels that help providers or healthcare professionals move patients during various scans and health checks.
Global Healthcare Smart Beds Market Revenue Outlook:
The Global Healthcare Smart Beds Market was estimated to be valued at US$ 1.5 Bn in 2020 and is projected to register а САGR of 6.2% by 2031.
Factors that have a positive impact on the Healthcare Smart Beds market
The global trend of an aging population, coupled with a developing world that is rapidly urbanizing and thus becoming increasingly unhealthy, is leading to an increasing demand for smart healthcare beds. Demand for smart healthcare beds is increasing because of the growing need for customized medical procedures. Smart healthcare beds are equipped with sensors that measure the patient's vital signs and physical well-being to provide personalized care. Healthcare providers can also use this data to help accommodate a wide range of physical impairments while preventing bedsores and improving quality of life. These specialized beds have become a necessity in hospitals, nursing homes, and other senior care facilities because they provide individualized care while also easing caregiver burden.
COVID-19 Impact Analysis on Global Healthcare Smart Beds Market
All industries have witnessed the negative impact of COVID-19. The pandemic has forced people to stay at home because it is a rapidly spreading virus. In addition, governments around the world have imposed strict regulations that limit the movement. Product manufacturing and productivity slowed across industries. Additionally, product supply chains are disrupted due to travel bans in most countries. In addition to this, there has also been a significant increase in demand for basic and medical products and equipment. Likewise, the demand for healthcare smart beds is also growing. Around the world, many people have contracted COVID-19, and as a result, hospitals are being overwhelmed by the increase in the number of patients, which has also expanded the demand for smart beds during the pandemic. Furthermore, the global demand for medical smart beds is expected to grow rapidly in the coming years.
Factors affecting the demand for healthcare smart beds from several countries
Hospitals are starting to invest in high-tech equipment, which is driving up the prices of healthcare equipment. Smart beds are becoming more expensive, which is expected to hinder the growth rate of the healthcare market. Healthcare companies have to reduce their production cost and prices to meet the demand and increase their marketing strategy.
In addition, these beds may be unsafe for patients who need to move around more to avoid developing bedsores and other complications. Other disadvantages include the expensive price tag and time it takes for a hospital or clinic to retrofit their nursing home or hospital with this type of bed.
Global Healthcare Smart Beds Market Regional Analysis
North America accounts for the majority revenue share in the global healthcare smart beds market
Healthcare is a booming industry and North America leader in medical device innovation and knowledge - meaning that they are in a prime position to lead the healthcare smart bed market. The North America region dominates the healthcare smart beds market, with significant growth forecasted due to the lack of competition. The countries in North America such as, United States, Canada, and Mexico make up a unified culture; their combined resources will allow them to easily meet the needs of the growing market.
The European healthcare smart bed market is expected to witness significant growth owing to the increasing demand for better healthcare from an aging population. Furthermore, the increasing demand for the availability of technological innovations is expected to further drive the growth of the medical smart bed market in the region in the coming years.
Global Healthcare Smart Beds Market Competitive Landscape
The Healthcare Smart Beds landscape appears highly consolidated, with a major chunk being dominated by below players.
- Stryker Corporation
- Hill-Rom Holdings, Inc.
- Invacare Corporation
- Paramount Bed Holdings Co., Ltd.
- LINET
- Joerns Healthcare LLC
- Stiegelmeyer GmbH & Co. KG
- Arjo
- Völker GmbH
- Favero Health Projects SpA
- Other Key Industry Players
Report Scope
- Forecast Period: 2022-2031
- Actual Year: 2021
- Historical Data Available for: 2015-2020
Key Regions Covered
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East & Africa
Key Segments Covered
Global Healthcare Smart Beds Market, By Type
- Manual
- Semi-Automatic
- Automatic
Global Healthcare Smart Beds Market, By End-User
- Hospitals
- Outpatient Clinics
- Medical Nursing Homes
- Medical Laboratory and Research
- Residential
- Other End-Users
Global Healthcare Smart Beds Market, By Distribution Channels
- Specialty Stores
- Online
- Other Distribution Channels
Attribute Report Details Market Size Ask For Market Size Growth Rate Ask For Growth Rate Key Companies Ask For Companies Report Coverage Revenue analysis, Competitive landscape, Key company analysis, Market Trends, Key segments, Distribution Channel, Market Dynamics, COVID-19 Impact Analysis and more… Historical Data Period 2015-2020 Base Year 2022 Forecast Period 2022-2031 Region Scope North America, Europe, Asia-Pacific, South America, Middle East & Africa Country Scope United States, Canada and Mexico, Germany, France, UK, Russia and Italy, China, Japan, Korea, India and Southeast Asia, Brazil, Argentina, Colombia etc.Saudi Arabia, UAE, Egypt, Nigeria and South Africa Revenue in US$ Mn -
-
- Stryker Corporation
- Hill-Rom Holdings, Inc.
- Invacare Corporation
- Paramount Bed Holdings Co., Ltd.
- LINET
- Joerns Healthcare LLC
- Stiegelmeyer GmbH & Co. KG
- Arjo
- Völker GmbH
- Favero Health Projects SpA
- Other Key Industry Players