Smart Hospital Bed Market to Reach US$6.53 Billion by 2029, Driven by Rising Adoption in Intensive Care Units and Long-Term Care Facilities, Says Maximize Market Research

The global smart hospital bed market is expected to reach US$6.53 billion by 2029, growing at a CAGR (compound annual growth rate) of 5.07%, according to a new report by Maximize Market Research. This growth is attributed to the increasing demand for improved patient care, particularly in intensive care units and long-term care settings.

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Market Overview

Smart hospital beds offer a range of advanced features to improve patient comfort, safety, and overall healthcare experience. These features include electric adjustability, pressure ulcer prevention technology, patient monitoring capabilities, and integration with electronic health records (EHR) systems.

Market Scope

Maximize Market Research provides a comprehensive analysis of the smart hospital bed market landscape. The report delves into market size estimations, growth forecasts, key trends, and market dynamics across different regions. It also explores the impact of various segments on the overall market.

Market Segmentation: Electric Beds and Long-Term Care Lead the Way

The smart hospital bed market is segmented by type, product, application, and end user. Here's a look at the key segments:

• Type: Electric beds are the dominant segment due to their ease of use and wider adoption in hospitals.
• Product: Long-term care beds hold the largest share due to the rising geriatric population and growing need for preventative care.
• Application: Intensive care beds are witnessing the highest growth rate due to the critical need for constant patient monitoring.
• End User: Hospitals are the primary consumers of smart hospital beds, followed by ambulatory surgery centers and rehabilitation facilities.

Market Players: A Global Landscape

The smart hospital bed market features a mix of established medical device giants and niche players. Here are some of the key participants:

• Stryker Corporation
• Getinge AB
• General Electric Healthcare
• Invacare Corporation
• Hill-Rom Holdings
• Leading regional manufacturers

MMR Research Methodology Used

Maximize Market Research employs a robust research methodology that combines top-down and bottom-up approaches to estimate the market size. The report leverages secondary research to identify key market participants and integrates primary and secondary research to determine their market shares.

Objective of the Report

The report equips readers with a clear understanding of the global smart hospital bed market landscape. It offers valuable insights into market growth drivers, challenges, and opportunities. Additionally, it provides a competitive analysis of key players and their strategies.

COVID-19 Impact

The COVID-19 pandemic highlighted the importance of advanced medical equipment in intensive care units. While the pandemic caused temporary disruptions to supply chains, the market is expected to recover and witness steady growth due to the continued focus on improving patient care in hospitals.

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