Electric Beds Market Size, Trends, and Insights By Product (Fully Automatic Electric Bed, Semi-automatic Electric Bed), By Application (General Bed, Bariatric Bed, Intensive Care Bed, Birthing Bed, Others), By End-user (Hospitals & Clinics, Dentistry, Reproductive Care Centers, Others), and By Region - Global Industry Overview, Statistical Data, Competitive Analysis, Share, Outlook, and Forecast 2022–2030


Report Code: CMI21741

Published Date: December 2022

Pages: 220+

Category: Healthcare

Report Snapshot

CAGR: 7%
2.7B
2021
2.9B
2022
5B
2030

Source: CMI

Study Period: 2022-2030
Fastest Growing Market: Asia-Pacific
Largest Market: Europe

Major Players

  • Arjo,
  • Medline Industries Inc.
  • Invacare Corporation
  • LINET
  • Others

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Reports Description

The Surging Aging Population Globally is Bolstering the Market

According to Custom Market Insights (CMI), the Global Electric Bed Market size was estimated at USD 2.7 Billion in 2021 and is expected to hit around USD 5 Billion by 2030, poised to grow at a compound annual growth rate (CAGR) of 7% from 2022 to 2030.

The report further provides an overview of drivers, restraints, and opportunities present in the Electric Bed market. Moreover, the report examines the global competitive analysis of the Electric Bed market.

The key purpose of the Global Electric Bed Market report is to deliver industry investors, company leaders, private equity companies, and stakeholders with comprehensive information facilitating them to make informed strategic decisions concerning the changes in the Electric Bed market throughout the world.

To learn more about this report, 

Electric Bed Market: Overview

Changing the position of the upper and lower bodies as well as the bed’s height is possible with an electric bed. Additionally, it can benefit a variety of medical ailments. Medical issues may become worse if you sleep poorly or in uncomfortable postures. People with illnesses or ailments like limited mobility, swollen complaints, asthma, chronic pain, breathing issues, and other medical conditions can benefit from electric beds in a variety of ways.

Electric Bed Market: COVID – 19 Impact Analysis

The COVID-19 outbreak that has spread globally has increased the number of patients being admitted to hospitals and clinics. Due to the COVID-19 public health emergency, the FDA warned that there would be a greater need for hospital beds, stretchers, and mattresses to expand temporary healthcare facilities and strengthen the capacity of local hospitals and healthcare systems.

The WHO proclaimed COVID-19 a pandemic on March 23, 2020, and the US announced a national state of emergency as a result of the infections of over 354,000 documented cases in more than 180 countries. In parts of China and Italy, there was a greater need for intensive care beds than there were available beds. Rising patient admissions brought on by the global COVID-19 outbreak are causing the market to grow.

Electric Bed Market: Growth Drivers

Rising aging population

The use of electric cots has been prompted by the world’s aging population, which is over 60 years old. Spinal disorders, bone injuries, neurological diseases, and lowered immunity in older persons are all predicted to have a significant impact on the expansion of the electric bed sector over the forecasted period.

The WHO predicts that there will be around 1.5 billion persons over the age of 65 in the world by 2050. People in their geriatric years are particularly vulnerable to illnesses like heart attacks, obesity, stroke, and arthritis. For greater comfort and convenience of treatment, patients with this disease need an electric cot. Therefore, the aging population will probably spur the growth of the global electric bed market.

Rising Prevalence of Chronic Diseases

In hospitals, nursing homes, as well as home care settings, beds are among the necessities. Acute care beds, psychiatric beds, long-term care beds, and pregnant beds are just a few of the specialty versions of electric beds, which are utilized in many different applications. Patients with musculoskeletal and orthopedic conditions are less flexible and have a limited range of motion. For these individuals, electric beds enable automated adjustments for the head position, height, and leg resting position.

The World Health Organization (WHO) estimates that musculoskeletal disorders account for a significant portion of all disabilities worldwide. The WHO reports that with 9.6 million recorded deaths in 2018, cancer was the second-leading cause of death globally. Furthermore, 1,735,350 new instances of cancer were detected in 2018, according to estimates from the American Cancer Society. Electric beds help the medical personnel caring for patients with advanced cancer because these individuals lose their independence in performing a variety of physiological functions. Thus, the need for electric beds is increasing due to the rising prevalence of chronic disorders like diabetes, cancer, and cardiovascular disease (CVD).

Electric Bed Market: Segmentation Analysis

In our research scope, the Electric Bed market is segmented into product, application, and end-user. Based on product segmentation, the semi-automatic electric bed segment is estimated to dominate the market in 2021. The increase in cancer cases and cancer patients having surgery around the world is mostly responsible for the category rise. For example, the World Health Organization reported that there were around 2.09 million cases of breast cancer, 2.09 million instances of lung cancer, and 1.80 million cases of colorectal cancer worldwide in 2018. Since semi-automatic electric beds are simpler for patients to use and therefore in higher demand in hospitals and clinics, these factors are predicted to fuel the segment’s expansion.

Over the projected period, the fully automatic electric bed segment is anticipated to increase at the fastest rate. The completely autonomous electric bed improves sleep quality, can be operated independently, and helps to lessen pressure and swelling. These beds’ advantages over semi-automatic beds are fueling the segment’s expansion over the anticipated timeframe.

Report Scope

Feature of the Report Details
Market Size in 2021 USD 2.7 Billion
Projected Market Size in 2030 USD 5 Billion
Market Size in 2022 USD 2.9 Billion
CAGR Growth Rate 7% CAGR
Base Year 2021
Forecast Period 2022-2030
Prominent Players Arjo, Medline Industries Inc., Invacare Corporation, Hill-Rom Services Inc., PARAMOUNT BED CO. LTD., Stryker, LINET, Malvestio Spa, Gendron Inc., Midmark India Pvt. Ltd., and Others
Key Segment By Product, Application, End-user, and Region
Report Coverage Revenue Estimation and Forecast, Company Profile, Competitive Landscape, Growth Factors and Recent Trends
Regional Scope North America, Europe, Asia Pacific, Middle East & Africa, and South & Central America
Buying Options Request tailored purchasing options to fulfil your requirements for research.

Key Insights:

  • As per the analysis shared by our research analyst, the Electric Bed market is estimated to grow annually at a CAGR of around 7% over the forecast period (2022-2030).
  • In terms of revenue, the Electric Bed market size was valued at around USD 2.7 billion in 2021 and is projected to reach USD 5 billion by 2030. Due to a variety of driving factors, the market is predicted to rise at a significant rate.
  • Based on the product, the semi-automatic electric bed segment was predicted to exhibit a high CAGR during the forecast period.
  • Based on application, the general bed segment was the leading revenue-generating category in 2021.
  • Based on end-user, the hospitals & clinics segment was the leading revenue-generating category in 2021.
  • Based on end-user, the BFSI segment was the leading revenue-generating category in 2021.
  • On the basis of geography/region, the North American region was the leading revenue generator in 2021.

Recent Development

  • 2018: Arjo introduced the IndiGo medical bed, a time and effort-saving power drive system that is always available for use. Additionally, IndiGo helps with automatic slope sensing, which results in more power while traveling up hills and assistance with brakes when moving down slopes.

Regional Landscape

With a revenue of over 40%, North America holds the largest market share for Electric Beds. The demand for electric beds in North America is anticipated to expand along with the number of surgeries and patient admissions. Major industry participants in the area are making efforts to improve patient comfort and safety by introducing innovations. The latest COVID-19 epidemic is also anticipated to increase demand for electric beds. Over the course of the projection period, all of these factors are expected to fuel market expansion.

Over the projected period, Asia Pacific is anticipated to develop at the fastest rate. It is projected that the presence of growing nations like China, India, and Japan will accelerate market expansion in the Asia Pacific region. Some of the factors projected to propel the market include growing patient safety and care awareness in this region and expanding healthcare infrastructure development.

Competitive Landscape

The companies are striving aggressively to market electric beds all over the world by highlighting the advantages of the products and releasing new models with cutting-edge features. For instance, Stryker introduced its ProCuity line of electric beds in October 2020. ProCuity is a completely wireless hospital bed that includes a number of cutting-edge patient monitoring capabilities. This solution reduces the risk of patient falls, enables caregivers to effectively monitor patients who are confined to beds, and keeps the bed connected even while it is moving.

An in-depth investment analysis has been performed, providing forecast and prevailing opportunities for the market participants. The market report focuses on significant characteristics of the market that comprise historic data, present market revenues, PEST analysis, technological investments, and competitive analysis in the related industry.

The global Electric Bed market is segmented as follows:

By Product

  • Fully Automatic Electric Bed
  • Semi-automatic Electric Bed

By Application

  • General Bed
  • Bariatric Bed
  • Intensive Care Bed
  • Birthing Bed
  • Others

By End-user

  • Hospitals & Clinics
  • Dentistry
  • Reproductive Care Centers
  • Others

By Region

North America

  • The U.S.
  • Canada
  • Mexico

Europe

  • France
  • The UK
  • Spain
  • Germany
  • Italy
  • Rest of Europe

Asia Pacific

  • China
  • Japan
  • India
  • Australia
  • South Korea
  • Rest of Asia Pacific

The Middle East & Africa

  • Saudi Arabia
  • UAE
  • Egypt
  • Kuwait
  • South Africa
  • Rest of the Middle East & Africa

Latin America

  • Brazil
  • Argentina
  • Rest of Latin America

Table of Contents

  • Chapter 1. Preface
    • 1.1 Report Description and Scope
    • 1.2 Research scope
    • 1.3 Research methodology
      • 1.3.1 Market Research Type
      • 1.3.2 Market research methodology
  • Chapter 2. Executive Summary
    • 2.1 Global Electric Beds Market, (2022 – 2030) (USD Billion)
    • 2.2 Global Electric Beds Market : snapshot
  • Chapter 3. Global Electric Beds Market – Industry Analysis
    • 3.1 Electric Beds Market: Market Dynamics
    • 3.2 Market Drivers
      • 3.2.1 The rising aging population
      • 3.2.2 The rising prevalence of chronic diseases.
    • 3.3 Market Restraints
    • 3.4 Market Opportunities
    • 3.5 Market Challenges
    • 3.6 Porter’s Five Forces Analysis
    • 3.7 Market Attractiveness Analysis
      • 3.7.1 Market attractiveness analysis By Product
      • 3.7.2 Market attractiveness analysis By Application
      • 3.7.3 Market attractiveness analysis By End-user
  • Chapter 4. Global Electric Beds Market- Competitive Landscape
    • 4.1 Company market share analysis
      • 4.1.1 Global Electric Beds Market: company market share, 2021
    • 4.2 Strategic development
      • 4.2.1 Acquisitions & mergers
      • 4.2.2 New Product launches
      • 4.2.3 Agreements, partnerships, cullaborations, and joint ventures
      • 4.2.4 Research and development and Regional expansion
    • 4.3 Price trend analysis
  • Chapter 5. Global Electric Beds Market – Product Analysis
    • 5.1 Global Electric Beds Market overview: By Product
      • 5.1.1 Global Electric Beds Market share, By Product, 2021 and 2030
    • 5.2 Fully Automatic Electric Bed
      • 5.2.1 Global Electric Beds Market by Fully Automatic Electric Bed, 2022 – 2030 (USD Billion)
    • 5.3 Semi-automatic Electric Bed
      • 5.3.1 Global Electric Beds Market by Semi-automatic Electric Bed, 2022 – 2030 (USD Billion)
  • Chapter 6. Global Electric Beds Market – Application Analysis
    • 6.1 Global Electric Beds Market overview: By Application
      • 6.1.1 Global Electric Beds Market share, By Application, 2021 and 2030
    • 6.2 General Bed
      • 6.2.1 Global Electric Beds Market by General Bed, 2022 – 2030 (USD Billion)
    • 6.3 Bariatric Bed
      • 6.3.1 Global Electric Beds Market by Bariatric Bed, 2022 – 2030 (USD Billion)
    • 6.4 Intensive Care Bed
      • 6.4.1 Global Electric Beds Market by Intensive Care Bed, 2022 – 2030 (USD Billion)
    • 6.5 Birthing Bed
      • 6.5.1 Global Electric Beds Market by Birthing Bed, 2022 – 2030 (USD Billion)
    • 6.6 Others
      • 6.6.1 Global Electric Beds Market by Others, 2022 – 2030 (USD Billion)
  • Chapter 7. Global Electric Beds Market – End-user Analysis
    • 7.1 Global Electric Beds Market overview: By End-user
      • 7.1.1 Global Electric Beds Market share, By End-user, 2021 and 2030
    • 7.2 Hospitals & Clinics
      • 7.2.1 Global Electric Beds Market by Hospitals & Clinics, 2022 – 2030 (USD Billion)
    • 7.3 Dentistry
      • 7.3.1 Global Electric Beds Market by Dentistry, 2022 – 2030 (USD Billion)
    • 7.4 Reproductive Care Centers
      • 7.4.1 Global Electric Beds Market by Reproductive Care Centers, 2022 – 2030 (USD Billion)
    • 7.5 Others
      • 7.5.1 Global Electric Beds Market by Others, 2022 – 2030 (USD Billion)
  • Chapter 8. Electric Beds Market – Regional Analysis
    • 8.1 Global Electric Beds Market Regional Overview
    • 8.2 Global Electric Beds Market Share, by Region, 2021 & 2030 (USD Billion)
    • 8.3. North America
      • 8.3.1 North America Electric Beds Market, 2022 – 2030 (USD Billion)
        • 8.3.1.1 North America Electric Beds Market, by Country, 2022 – 2030 (USD Billion)
    • 8.4 North America Electric Beds Market, by Product, 2022 – 2030
      • 8.4.1 North America Electric Beds Market, by Product, 2022 – 2030 (USD Billion)
    • 8.5 North America Electric Beds Market, by Application, 2022 – 2030
      • 8.5.1 North America Electric Beds Market, by Application, 2022 – 2030 (USD Billion)
    • 8.6 North America Electric Beds Market, by End-user, 2022 – 2030
      • 8.6.1 North America Electric Beds Market, by End-user, 2022 – 2030 (USD Billion)
    • 8.7. Europe
      • 8.7.1 Europe Electric Beds Market, 2022 – 2030 (USD Billion)
        • 8.7.1.1 Europe Electric Beds Market, by Country, 2022 – 2030 (USD Billion)
    • 8.8 Europe Electric Beds Market, by Product, 2022 – 2030
      • 8.8.1 Europe Electric Beds Market, by Product, 2022 – 2030 (USD Billion)
    • 8.9 Europe Electric Beds Market, by Application, 2022 – 2030
      • 8.9.1 Europe Electric Beds Market, by Application, 2022 – 2030 (USD Billion)
    • 8.10 Europe Electric Beds Market, by End-user, 2022 – 2030
      • 8.10.1 Europe Electric Beds Market, by End-user, 2022 – 2030 (USD Billion)
    • 8.11. Asia Pacific
      • 8.11.1 Asia Pacific Electric Beds Market, 2022 – 2030 (USD Billion)
        • 8.11.1.1 Asia Pacific Electric Beds Market, by Country, 2022 – 2030 (USD Billion)
    • 8.12 Asia Pacific Electric Beds Market, by Product, 2022 – 2030
      • 8.12.1 Asia Pacific Electric Beds Market, by Product, 2022 – 2030 (USD Billion)
    • 8.13 Asia Pacific Electric Beds Market, by Application, 2022 – 2030
      • 8.13.1 Asia Pacific Electric Beds Market, by Application, 2022 – 2030 (USD Billion)
    • 8.14 Asia Pacific Electric Beds Market, by End-user, 2022 – 2030
      • 8.14.1 Asia Pacific Electric Beds Market, by End-user, 2022 – 2030 (USD Billion)
    • 8.15. Latin America
      • 8.15.1 Latin America Electric Beds Market, 2022 – 2030 (USD Billion)
        • 8.15.1.1 Latin America Electric Beds Market, by Country, 2022 – 2030 (USD Billion)
    • 8.16 Latin America Electric Beds Market, by Product, 2022 – 2030
      • 8.16.1 Latin America Electric Beds Market, by Product, 2022 – 2030 (USD Billion)
    • 8.17 Latin America Electric Beds Market, by Application, 2022 – 2030
      • 8.17.1 Latin America Electric Beds Market, by Application, 2022 – 2030 (USD Billion)
    • 8.18 Latin America Electric Beds Market, by End-user, 2022 – 2030
      • 8.18.1 Latin America Electric Beds Market, by End-user, 2022 – 2030 (USD Billion)
    • 8.19. The Middle-East and Africa
      • 8.19.1 The Middle-East and Africa Electric Beds Market, 2022 – 2030 (USD Billion)
        • 8.19.1.1 The Middle-East and Africa Electric Beds Market, by Country, 2022 – 2030 (USD Billion)
    • 8.20 The Middle-East and Africa Electric Beds Market, by Product, 2022 – 2030
      • 8.20.1 The Middle-East and Africa Electric Beds Market, by Product, 2022 – 2030 (USD Billion)
    • 8.21 The Middle-East and Africa Electric Beds Market, by Application, 2022 – 2030
      • 8.21.1 The Middle-East and Africa Electric Beds Market, by Application, 2022 – 2030 (USD Billion)
    • 8.22 The Middle-East and Africa Electric Beds Market, by End-user, 2022 – 2030
      • 8.22.1 The Middle-East and Africa Electric Beds Market, by End-user, 2022 – 2030 (USD Billion)
  • Chapter 9. Company Profiles
    • 9.1 Arjo
      • 9.1.1 Overview
      • 9.1.2 Financials
      • 9.1.3 Product Portfolio
      • 9.1.4 Business Strategy
      • 9.1.5 Recent Developments
    • 9.2 Medline Industries Inc.
      • 9.2.1 Overview
      • 9.2.2 Financials
      • 9.2.3 Product Portfolio
      • 9.2.4 Business Strategy
      • 9.2.5 Recent Developments
    • 9.3 Invacare Corporation
      • 9.3.1 Overview
      • 9.3.2 Financials
      • 9.3.3 Product Portfolio
      • 9.3.4 Business Strategy
      • 9.3.5 Recent Developments
    • 9.4 Hill-Rom Services Inc.
      • 9.4.1 Overview
      • 9.4.2 Financials
      • 9.4.3 Product Portfolio
      • 9.4.4 Business Strategy
      • 9.4.5 Recent Developments
    • 9.5 PARAMOUNT BED CO. LTD.
      • 9.5.1 Overview
      • 9.5.2 Financials
      • 9.5.3 Product Portfolio
      • 9.5.4 Business Strategy
      • 9.5.5 Recent Developments
    • 9.6 Stryker
      • 9.6.1 Overview
      • 9.6.2 Financials
      • 9.6.3 Product Portfolio
      • 9.6.4 Business Strategy
      • 9.6.5 Recent Developments
    • 9.7 LINET
      • 9.7.1 Overview
      • 9.7.2 Financials
      • 9.7.3 Product Portfolio
      • 9.7.4 Business Strategy
      • 9.7.5 Recent Developments
    • 9.8 Malvestio Spa
      • 9.8.1 Overview
      • 9.8.2 Financials
      • 9.8.3 Product Portfolio
      • 9.8.4 Business Strategy
      • 9.8.5 Recent Developments
    • 9.9 Gendron Inc.
      • 9.9.1 Overview
      • 9.9.2 Financials
      • 9.9.3 Product Portfolio
      • 9.9.4 Business Strategy
      • 9.9.5 Recent Developments
    • 9.10 Midmark India Pvt. Ltd.
      • 9.10.1 Overview
      • 9.10.2 Financials
      • 9.10.3 Product Portfolio
      • 9.10.4 Business Strategy
      • 9.10.5 Recent Developments
List Of Figures
  • 1. Market research Type
  • 2. Market research methodology
  • 3. Global Electric Beds Market, 2022 – 2030 (USD Billion)
  • 4. Porter’s Five Forces Analysis
  • 5. Global Electric Beds Market attractiveness, By Product
  • 6. Global Electric Beds Market attractiveness, By Application
  • 7. Global Electric Beds Market attractiveness, By End-user
  • 8. Global Electric Beds Market share by Product, 2022 and 2030 (USD Billion)
  • 9. Global Electric Beds Market by Fully Automatic Electric Bed, 2022 – 2030 (USD Billion)
  • 10. Global Electric Beds Market by Semi-automatic Electric Bed, 2022 – 2030 (USD Billion)
  • 11. Global Electric Beds Market share by Application, 2022 and 2030 (USD Billion)
  • 12. Global Electric Beds Market by General Bed, 2022 – 2030 (USD Billion)
  • 13. Global Electric Beds Market by Bariatric Bed, 2022 – 2030 (USD Billion)
  • 14. Global Electric Beds Market by Intensive Care Bed, 2022 – 2030 (USD Billion)
  • 15. Global Electric Beds Market by Birthing Bed, 2022 – 2030 (USD Billion)
  • 16. Global Electric Beds Market by Others, 2022 – 2030 (USD Billion)
  • 17. Global Electric Beds Market share by End-user, 2022 and 2030 (USD Billion)
  • 18. Global Electric Beds Market by Hospitals & Clinics, 2022 – 2030 (USD Billion)
  • 19. Global Electric Beds Market by Dentistry, 2022 – 2030 (USD Billion)
  • 20. Global Electric Beds Market by Reproductive Care Centers, 2022 – 2030 (USD Billion)
  • 21. Global Electric Beds Market by Others, 2022 – 2030 (USD Billion)
  • 22. Global Electric Beds Market share, by Region, 2022 and 2030
  • 23. North America Electric Beds Market, 2022 – 2030 (USD Billion)
  • 24. Europe Electric Beds Market, 2022 – 2030 (USD Billion)
  • 25. Asia Pacific Electric Beds Market, 2022 – 2030 (USD Billion)
  • 26. Latin America Electric Beds Market, 2022 – 2030 (USD Billion)
  • 27. The Middle-East and Africa Electric Beds Market, 2022 – 2030 (USD Billion)
List Of Tables
  • 1. Global Electric Beds Market: Snapshot
  • 2. Drivers of the Electric Beds Market: impact analysis
  • 3. North America Electric Beds Market revenue, By Product, 2022 – 2030 (USD Billion)
  • 4. North America Electric Beds Market revenue, By Application, 2022 – 2030 (USD Billion)
  • 5. North America Electric Beds Market revenue, By End-user, 2022 – 2030 (USD Billion)
  • 6. U.S. Electric Beds Market revenue, By Product, 2022 – 2030 (USD Billion)
  • 7. U.S. Electric Beds Market revenue, By Application, 2022 – 2030 (USD Billion)
  • 8. U.S. Electric Beds Market revenue, By End-user, 2022 – 2030 (USD Billion)
  • 9. Canada Electric Beds Market revenue, By Product, 2022 – 2030 (USD Billion)
  • 10. Canada Electric Beds Market revenue, By Application, 2022 – 2030 (USD Billion)
  • 11. Canada Electric Beds Market revenue, By End-user, 2022 – 2030 (USD Billion)
  • 12. Europe Electric Beds Market revenue, By Product, 2022 – 2030 (USD Billion)
  • 13. Europe Electric Beds Market revenue, By Application, 2022 – 2030 (USD Billion)
  • 14. Europe Electric Beds Market revenue, By End-user, 2022 – 2030 (USD Billion)
  • 15. Germany Electric Beds Market revenue, By Product, 2022 – 2030 (USD Billion)
  • 16. Germany Electric Beds Market revenue, By Application, 2022 – 2030 (USD Billion)
  • 17. Germany Electric Beds Market revenue, By End-user, 2022 – 2030 (USD Billion)
  • 18. France Electric Beds Market revenue, By Product, 2022 – 2030 (USD Billion)
  • 19. France Electric Beds Market revenue, By Application, 2022 – 2030 (USD Billion)
  • 20. France Electric Beds Market revenue, By End-user, 2022 – 2030 (USD Billion)
  • 21. U.K. Electric Beds Market revenue, By Product, 2022 – 2030 (USD Billion)
  • 22. U.K. Electric Beds Market revenue, By Application, 2022 – 2030 (USD Billion)
  • 23. U.K. Electric Beds Market revenue, By End-user, 2022 – 2030 (USD Billion)
  • 24. Italy Electric Beds Market revenue, By Product, 2022 – 2030 (USD Billion)
  • 25. Italy Electric Beds Market revenue, By Application, 2022 – 2030 (USD Billion)
  • 26. Italy Electric Beds Market revenue, By End-user, 2022 – 2030 (USD Billion)
  • 27. Spain Electric Beds Market revenue, By Product, 2022 – 2030 (USD Billion)
  • 28. Spain Electric Beds Market revenue, By Application, 2022 – 2030 (USD Billion)
  • 29. Spain Electric Beds Market revenue, By End-user, 2022 – 2030 (USD Billion)
  • 30. Rest of Europe Electric Beds Market revenue, By Product, 2022 – 2030 (USD Billion)
  • 31. Rest of Europe Electric Beds Market revenue, By Application, 2022 – 2030 (USD Billion)
  • 32. Rest of Europe Electric Beds Market revenue, By End-user, 2022 – 2030 (USD Billion)
  • 33. Asia Pacific Electric Beds Market revenue, By Product, 2022 – 2030 (USD Billion)
  • 34. Asia Pacific Electric Beds Market revenue, By Application, 2022 – 2030 (USD Billion)
  • 35. Asia Pacific Electric Beds Market revenue, By End-user, 2022 – 2030 (USD Billion)
  • 36. China Electric Beds Market revenue, By Product, 2022 – 2030 (USD Billion)
  • 37. China Electric Beds Market revenue, By Application, 2022 – 2030 (USD Billion)
  • 38. China Electric Beds Market revenue, By End-user, 2022 – 2030 (USD Billion)
  • 39. Japan Electric Beds Market revenue, By Product, 2022 – 2030 (USD Billion)
  • 40. Japan Electric Beds Market revenue, By Application, 2022 – 2030 (USD Billion)
  • 41. Japan Electric Beds Market revenue, By End-user, 2022 – 2030 (USD Billion)
  • 42. India Electric Beds Market revenue, By Product, 2022 – 2030 (USD Billion)
  • 43. India Electric Beds Market revenue, By Application, 2022 – 2030 (USD Billion)
  • 44. India Electric Beds Market revenue, By End-user, 2022 – 2030 (USD Billion)
  • 45. South Korea Electric Beds Market revenue, By Product, 2022 – 2030 (USD Billion)
  • 46. South Korea Electric Beds Market revenue, By Application, 2022 – 2030 (USD Billion)
  • 47. South Korea Electric Beds Market revenue, By End-user, 2022 – 2030 (USD Billion)
  • 48. South-East Asia Electric Beds Market revenue, By Product, 2022 – 2030 (USD Billion)
  • 49. South-East Asia Electric Beds Market revenue, By Application, 2022 – 2030 (USD Billion)
  • 50. South-East Asia Electric Beds Market revenue, By End-user, 2022 – 2030 (USD Billion)
  • 51. Rest of Asia Pacific Electric Beds Market revenue, By Product, 2022 – 2030 (USD Billion)
  • 52. Rest of Asia Pacific Electric Beds Market revenue, By Application, 2022 – 2030 (USD Billion)
  • 53. Rest of Asia Pacific Electric Beds Market revenue, By End-user, 2022 – 2030 (USD Billion)
  • 54. Latin America Electric Beds Market revenue, By Product, 2022 – 2030 (USD Billion)
  • 55. Latin America Electric Beds Market revenue, By Application, 2022 – 2030 (USD Billion)
  • 56. Latin America Electric Beds Market revenue, By End-user, 2022 – 2030 (USD Billion)
  • 57. Brazil Electric Beds Market revenue, By Product, 2022 – 2030 (USD Billion)
  • 58. Brazil Electric Beds Market revenue, By Application, 2022 – 2030 (USD Billion)
  • 59. Brazil Electric Beds Market revenue, By End-user, 2022 – 2030 (USD Billion)
  • 60. Mexico Electric Beds Market revenue, By Product, 2022 – 2030 (USD Billion)
  • 61. Mexico Electric Beds Market revenue, By Application, 2022 – 2030 (USD Billion)
  • 62. Mexico Electric Beds Market revenue, By End-user, 2022 – 2030 (USD Billion)
  • 63. Rest of Latin America Electric Beds Market revenue, By Product, 2022 – 2030 (USD Billion)
  • 64. Rest of Latin America Electric Beds Market revenue, By Application, 2022 – 2030 (USD Billion)
  • 65. Rest of Latin America Electric Beds Market revenue, By End-user, 2022 – 2030 (USD Billion)
  • 66. The Middle-East and Africa Electric Beds Market revenue, By Product, 2022 – 2030 (USD Billion)
  • 67. The Middle-East and Africa Electric Beds Market revenue, By Application, 2022 – 2030 (USD Billion)
  • 68. The Middle-East and Africa Electric Beds Market revenue, By End-user, 2022 – 2030 (USD Billion)
  • 69. GCC Countries Electric Beds Market revenue, By Product, 2022 – 2030 (USD Billion)
  • 70. GCC Countries Electric Beds Market revenue, By Application, 2022 – 2030 (USD Billion)
  • 71. GCC Countries Electric Beds Market revenue, By End-user, 2022 – 2030 (USD Billion)
  • 72. South Africa Electric Beds Market revenue, By Product, 2022 – 2030 (USD Billion)
  • 73. South Africa Electric Beds Market revenue, By Application, 2022 – 2030 (USD Billion)
  • 74. South Africa Electric Beds Market revenue, By End-user, 2022 – 2030 (USD Billion)
  • 75. Rest of Middle-East Africa Electric Beds Market revenue, By Product, 2022 – 2030 (USD Billion)
  • 76. Rest of Middle-East Africa Electric Beds Market revenue, By Application, 2022 – 2030 (USD Billion)
  • 77. Rest of Middle-East Africa Electric Beds Market revenue, By End-user, 2022 – 2030 (USD Billion)

Report Methodology

In order to get the most precise estimates and forecasts possible, Custom Market Insights applies a detailed and adaptive research methodology centered on reducing deviations. For segregating and assessing quantitative aspects of the market, the company uses a combination of top-down and bottom-up approaches. Furthermore, data triangulation, which examines the market from three different aspects, is a recurring theme in all of our research reports. The following are critical components of the methodology used in all of our studies:

Preliminary Data Mining

On a broad scale, raw market information is retrieved and compiled. Data is constantly screened to make sure that only substantiated and verified sources are taken into account. Furthermore, data is mined from a plethora of reports in our archive and also a number of reputed & reliable paid databases. To gain a detailed understanding of the business, it is necessary to know the entire product life cycle and to facilitate this, we gather data from different suppliers, distributors, and buyers.

Surveys, technological conferences, and trade magazines are used to identify technical issues and trends. Technical data is also gathered from the standpoint of intellectual property, with a focus on freedom of movement and white space. The dynamics of the industry in terms of drivers, restraints, and valuation trends are also gathered. As a result, the content created contains a diverse range of original data, which is then cross-validated and verified with published sources.

Statistical Model

Simulation models are used to generate our business estimates and forecasts. For each study, a one-of-a-kind model is created. Data gathered for market dynamics, the digital landscape, development services, and valuation patterns are fed into the prototype and analyzed concurrently. These factors are compared, and their effect over the projected timeline is quantified using correlation, regression, and statistical modeling. Market forecasting is accomplished through the use of a combination of economic techniques, technical analysis, industry experience, and domain knowledge.

Short-term forecasting is typically done with econometric models, while long-term forecasting is done with technological market models. These are based on a synthesis of the technological environment, legal frameworks, economic outlook, and business regulations. Bottom-up market evaluation is favored, with crucial regional markets reviewed as distinct entities and data integration to acquire worldwide estimates. This is essential for gaining a thorough knowledge of the industry and ensuring that errors are kept to a minimum.

Some of the variables taken into account for forecasting are as follows:

• Industry drivers and constraints, as well as their current and projected impact

• The raw material case, as well as supply-versus-price trends

• Current volume and projected volume growth through 2030

We allocate weights to these variables and use weighted average analysis to determine the estimated market growth rate.

Primary Validation

This is the final step in our report’s estimating and forecasting process. Extensive primary interviews are carried out, both in-person and over the phone, to validate our findings and the assumptions that led to them.
Leading companies from across the supply chain, including suppliers, technology companies, subject matter experts, and buyers, use techniques like interviewing to ensure a comprehensive and non-biased overview of the business. These interviews are conducted all over the world, with the help of local staff and translators, to overcome language barriers.

Primary interviews not only aid with data validation, but also offer additional important insight into the industry, existing business scenario, and future projections, thereby improving the quality of our reports.

All of our estimates and forecasts are validated through extensive research work with key industry participants (KIPs), which typically include:

• Market leaders

• Suppliers of raw materials

• Suppliers of raw materials

• Buyers.

The following are the primary research objectives:

• To ensure the accuracy and acceptability of our data.

• Gaining an understanding of the current market and future projections.

Data Collection Matrix

Perspective Primary research Secondary research
Supply-side
  • Manufacturers
  • Technology distributors and wholesalers
  • Company reports and publications
  • Government publications
  • Independent investigations
  • Economic and demographic data
Demand-side
  • End-user surveys
  • Consumer surveys
  • Mystery shopping
  • Case studies
  • Reference customers


Market Analysis Matrix

Qualitative analysis Quantitative analysis
  • Industry landscape and trends
  • Market dynamics and key issues
  • Technology landscape
  • Market opportunities
  • Porter’s analysis and PESTEL analysis
  • Competitive landscape and component benchmarking
  • Policy and regulatory scenario
  • Market revenue estimates and forecast up to 2030
  • Market revenue estimates and forecasts up to 2030, by technology
  • Market revenue estimates and forecasts up to 2030, by application
  • Market revenue estimates and forecasts up to 2030, by type
  • Market revenue estimates and forecasts up to 2030, by component
  • Regional market revenue forecasts, by technology
  • Regional market revenue forecasts, by application
  • Regional market revenue forecasts, by type
  • Regional market revenue forecasts, by component

Prominent Players:

  • Arjo
  • Medline Industries Inc.
  • Invacare Corporation
  • Hill-Rom Services Inc.
  • PARAMOUNT BED CO. LTD.
  • Stryker
  • LINET
  • Malvestio Spa
  • Gendron Inc.
  • Midmark India Pvt. Ltd.

FAQs

“North America” region will lead the global Electric Beds market during the forecast period 2022 to 2030.

The key factors driving the market are the rising aging population and the rising prevalence of chronic diseases.

The key players operating in the Electric Beds market are Arjo, Medline Industries Inc., Invacare Corporation, Hill-Rom Services Inc., PARAMOUNT BED CO. LTD., Stryker, LINET, Malvestio Spa, Gendron Inc., Midmark India Pvt. Ltd.

The global Electric Beds market is expanding growth with a CAGR of approximately 7% during the forecast period (2022 to 2030).

The global Electric Beds market size was valued at USD 2.7 Billion in 2021 and it is projected to reach around USD 5 Billion by 2030.

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