Automated hospital beds Market Share

Automated hospital beds Market Share Analysis

The worldwide market for automated hospital beds is steadily growing. It is predicted to reach USD 2,553.4 million by 2023, compared to USD 1,590.1 million in 2016. That's a yearly growth rate of 5.97% from 2017 to 2023.

These beds are a big help for some patients who find it challenging to get in and out of beds. The automated features of these hospital beds make it easier for patients to sit up and get out comfortably. They are also very useful for doctors and nurses during critical medical procedures. The market is growing because there are more people dealing with various illnesses, both acute and chronic. The aging population is increasing, more people are dealing with obesity, and there's continuous improvement in designing hospital beds for better patient comfort. The growing need for healthcare services is also driving this market. However, the higher cost of these automated hospital beds might slow down the market's growth.

Now, let's look at how this market is divided. It's split based on the type of automated hospital bed, the technology used, the type of treatment it provides, how it's used, who uses it, and where in the world it's used.

When it comes to the type of automated hospital bed, there are two categories: semi-automatic and fully automatic. The larger share, about 55% in 2016, belongs to the fully automatic beds. This segment is expected to reach USD 1,571.9 million by 2023, growing at a rate of 7.48% annually from 2017 to 2023.

In the world of automated hospital beds, they're divided into two types based on their technology: smart automatic beds and basic automatic beds. The larger portion, around 88% in 2016, belongs to basic automatic beds. These basic automated hospital beds are predicted to reach USD 2,228.1 million by 2023, growing at a rate of 5.92% every year from 2017 to 2023.