Global Therapeutic Beds Market:
The global therapeutic beds market size reached US$ 4.5 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 6.6 Billion by 2032, exhibiting a growth rate (CAGR) of 4.23% during 2024-2032. The rising elderly population requires better comfort and care in hospitals and homes, which is augmenting the market.
Report Attribute
|
Key Statistics
|
Base Year
|
2023
|
Forecast Years
|
2024-2032
|
Historical Years
|
2018-2023
|
Market Size in 2023
|
US$ 4.5 Billion |
Market Forecast in 2032
|
US$ 6.6 Billion |
Market Growth Rate 2024-2032 |
4.23% |
Therapeutic Beds Market Analysis:
- Major Market Drivers: The growing number of chronic conditions like back pain and mobility issues is raising the need for specialized beds in healthcare, which is propelling the market.
- Key Market Trends: The increasing focus on patient care and improved recovery is encouraging healthcare providers to invest in advanced bed solutions, thereby acting as a significant growth-inducing factor.
- Competitive Landscape: Some of the major market companies include Amico Group of Companies, Arjo AB, Centrobed Ltd., GF Health Products Inc., HARD Manufacturing Company Inc., Hill-Rom Holdings Inc. (Baxter International Inc.), Invacare Corporation, Medical Depot Inc. (DBA Drive DeVilbiss Healthcare), Medline Industries LP, and Stryker Corporation, among many others.
- Geographical Trends: Europe exhibits a clear dominance in the market due to its advanced healthcare infrastructure, along with the growing demand for specialized beds in hospitals and long-term care facilities.
- Challenges and Opportunities: The lack of awareness about advanced bed features is hindering the market. However, increasing educational efforts and training for healthcare providers on the benefits and usage will continue to strengthen the market over the forecast period.
Therapeutic Beds Market Trends:
Rising Demand for Specialized Patient Care
Therapeutic beds are important for patients dealing with complex medical needs and post-surgical requirements, offering features like pressure relief and advanced positioning options, thereby ensuring optimal care for individuals recovering from surgeries or managing chronic conditions. Therefore, improving patient comfort and reducing complications related to prolonged bed rest. For instance, in September 2024, Ram Manohar Lohia Institute of Medical Sciences (RMLIMS) announced the expansion of a new 1,000-bed hospital with advanced facilities. This expansion increases demand for therapeutic beds, particularly for neurology and robotic surgery patients, which is highlighting growth potential in the market.
Technological Innovations in Therapeutic Beds
New technologies in therapeutic beds, such as automated adjustments and integrated sensors, enable real-time monitoring of patient conditions. Moreover, these innovations enhance patient safety by providing personalized care solutions, thereby helping healthcare providers respond quickly to changing patient needs and ensuring better outcomes in critical care settings. For instance, in February 2024, Lemi launched the ThermoSoft-V treatment bed, combining vibroacoustic and heat therapy for enhanced relaxation, which is designed for various treatments. This innovative launch relieves tension, promotes detoxification, and supports immune health, thereby highlighting advancements in therapeutic beds market scope and technology for wellness sectors.
Increased Focus on Patient Rehabilitation
Therapeutic beds are designed for rehabilitation, which improves the mobility and independence of patients undergoing physical therapy. In contrast, these beds enhance the rehabilitation experience with adjustable features and specialized support, thereby promoting faster recovery and reducing the strain on caregivers during extended treatment periods. For instance, in June 2024, Fairfield Memorial Hospital introduced swing bed services, enhancing recovery options for patients transitioning from acute care. This service increases demand for therapeutic beds, providing personalized rehabilitation care and comfort, thereby emphasizing the growing need for specialized recovery solutions in healthcare facilities.
Global Therapeutic Beds Industry Segmentation:
IMARC Group provides an analysis of the key trends in each segment of the market, along with the therapeutic beds market forecast at the global, regional, and country levels for 2024-2032. Our report has categorized the market based on product, application, and end user.
Breakup by Product:
- Clinical Beds
- Regular Beds
- ICU Beds
- Pediatric Beds
- Birthing Beds
- Bariatric Beds
- Low Air Loss Beds
- Others
- Household Beds
- Accessories
Clinical beds currently hold the largest therapeutic beds market share
The report has provided a detailed breakup and analysis of the market based on the product. This includes clinical beds (regular beds, ICU beds, pediatric beds, birthing beds, bariatric beds, low air loss beds, and others), household beds, and accessories. According to the report, clinical beds represented the largest market segmentation.
Clinical beds exhibit a clear dominance in the market due to their widespread use in hospitals and healthcare facilities. For example, Hillrom launched the Centrella Smart+ Bed, which is designed to enhance patient safety and comfort while improving clinical workflows, further driving demand for clinical beds.
Breakup by Application:
- Acute Care Beds
- Critical Care Beds
- Long-term Beds
Acute care beds currently hold the largest therapeutic beds market demand
The report has provided a detailed breakup and analysis of the market based on the application. This includes acute care beds, critical care beds, and long-term beds. According to the report, acute care beds represented the largest market segmentation.
Acute care dominates the market due to the rising demand for patient recovery in hospitals and clinics. For instance, Invacare introduced the Carroll CS Series beds, designed for acute care environments, thereby featuring adjustable height and advanced pressure relief systems to enhance patient comfort and recovery outcomes. As per the therapeutic beds market segmentation, this is propelling the market.
Breakup by End User:
- Hospital and Clinics
- Reproductive Care Centers
- Others
Hospital and clinics currently hold the largest therapeutic beds market outlook
The report has provided a detailed breakup and analysis of the market based on the end user. This includes hospital and clinics, reproductive care centers, and others. According to the report, hospital and clinics represented the largest market segmentation.
Hospitals and clinics lead the market, driven by increasing patient entries and the need for specialized care. For example, Stryker's launched the ProCuity bed series, which integrates smart features for patient monitoring and fall prevention, highlighting the focus on improving hospital care efficiency.
Breakup by Region:
- North America
- Asia-Pacific
- China
- Japan
- India
- South Korea
- Australia
- Indonesia
- Others
- Europe
- Germany
- France
- United Kingdom
- Italy
- Spain
- Russia
- Others
- Latin America
- Middle East and Africa
Europe currently dominates the market
The market research report has also provided a comprehensive analysis of all the major regional markets, which include North America (the United States and Canada); Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, and others); Europe (Germany, France, the United Kingdom, Italy, Spain, Russia, and others); Latin America (Brazil, Mexico, and others); and the Middle East and Africa. According to the report, Europe accounted for the largest market share.
As per the therapeutic beds market overview, Europe dominates the market, which is driven by the growing elderly population and increased investment in advanced healthcare solutions. For instance, Arjo launched the Citadel Patient Care System, a therapeutic bed designed for patient safety, mobility, and pressure injury prevention. Furthermore, this product addresses the region's focus on patient-centric care and innovation in medical devices, solidifying Europe's market dominance. In addition, the region's growing emphasis on improving patient care and technological advancement continues to accelerate the market growth.
Competitive Landscape:
The therapeutic beds market research report has provided a comprehensive analysis of the competitive landscape. Detailed profiles of all market companies have also been provided. Some of the key players in the market include:
- Amico Group of Companies
- Arjo AB
- Centrobed Ltd.
- GF Health Products Inc.
- HARD Manufacturing Company Inc.
- Hill-Rom Holdings Inc. (Baxter International Inc.)
- Invacare Corporation
- Medical Depot Inc. (DBA Drive DeVilbiss Healthcare)
- Medline Industries LP
- Stryker Corporation
(Please note that this is only a partial list of the key players, and the complete list is provided in the report.)
Therapeutic Beds Market Recent Developments:
- September 2024: Ram Manohar Lohia Institute of Medical Sciences (RMLIMS) announced the expansion of a new 1,000-bed hospital with advanced facilities, which increased demand for therapeutic beds, particularly for neurology and robotic surgery patients.
- June 2024: Fairfield Memorial Hospital introduced Swing Bed services, enhancing recovery options for patients transitioning from acute care, which is providing personalized rehabilitation care and comfort.
- February 2024: Lemi launched the ThermoSoft-V treatment bed, combining vibroacoustic and heat therapy for enhanced relaxation, which is designed for various treatments, promotes detoxification, and supports immune health.
Therapeutic Beds Market Report Scope:
Report Features |
Details |
Base Year of the Analysis |
2023 |
Historical Period |
2018-2023 |
Forecast Period |
2024-2032 |
Units |
US$ Billion |
Scope of the Report
|
Exploration of Historical Trends and Market Outlook, Industry Catalysts and Challenges, Segment-Wise Historical and Predictive Market Assessment:
- Product
- Application
- End User
- Region
|
Products Covered |
- Clinical Beds: Regular Beds, ICU Beds, Pediatric Beds, Birthing Beds, Bariatric Beds, Low Air Loss Beds, Others
- Household Beds
- Accessories
|
Applications Covered |
Acute Care Beds, Critical Care Beds, Long-term Beds |
End Users Covered |
Hospital and Clinics, Reproductive Care Centers, Others |
Regions Covered |
Asia Pacific, Europe, North America, Latin America, Middle East and Africa |
Countries Covered |
United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico |
Companies Covered |
Amico Group of Companies, Arjo AB, Centrobed Ltd., GF Health Products Inc., HARD Manufacturing Company Inc., Hill-Rom Holdings Inc. (Baxter International Inc.), Invacare Corporation, Medical Depot Inc. (DBA Drive DeVilbiss Healthcare), Medline Industries LP, Stryker Corporation, etc. |
Customization Scope |
10% Free Customization |
Report Price and Purchase Option |
Single User License: US$ 3899
Five User License: US$ 4899
Corporate License: US$ 5899 |
Post-Sale Analyst Support |
10-12 Weeks |
Delivery Format |
PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
Key Benefits for Stakeholders:
- IMARC's industry report offers a comprehensive quantitative analysis of various market segments, historical and current market trends, market forecasts, and dynamics of the therapeutic beds market from 2018-2032.
- The research report provides the latest information on the market drivers, challenges, and opportunities in the global therapeutic beds market.
- The study maps the leading, as well as the fastest-growing, regional markets. It further enables stakeholders to identify the key country-level markets within each region.
- Porter's five forces analysis assists stakeholders in assessing the impact of new entrants, competitive rivalry, supplier power, buyer power, and the threat of substitution. It helps stakeholders to analyze the level of competition within the therapeutic beds industry and its attractiveness.
- The competitive landscape allows stakeholders to understand their competitive environment and provides insight into the current positions of key players in the market.