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Report Overview
2023
Base Year
2017-2023
Historical Year
2024-2032
Forecast Year
Global Therapeutic Beds Market Outlook
The global therapeutic beds market attained a value of USD 3.94 billion in 2023. The market is further expected to grow in the forecast period of 2024-2032 at a CAGR of 5.40% to reach USD 6.31 billion by 2032.
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Increasing Demand for Clinical Beds in Hospitals to Augment the Therapeutic Beds Industry Growth
The rapidly growing demand for clinical beds in hospitals and the increasing investments in the healthcare sector have led to a significant growth of the therapeutic beds industry globally. Therapeutic beds help regulate proper blood circulation and temperature in the body and are effective in conditions like already developed or developing bedsores. Therapeutic beds provide better circulation compared to the one provided by normal beds and are comfortable, thus, helping in patient recovery.
The increasing prevalence of diseases, frequent outbreaks of pandemic such as COVID-19 and Ebola, and the growing investments to improve healthcare facilities such as hospitals and clinics are the major factors driving the demand for hospital beds, thus, leading to the market growth.
The Asia Pacific to Provide Significant Growth Opportunities to the Therapeutic Beds Industry
Region-wise, the Asia Pacific is expected to significantly contribute to the growth of the therapeutic beds industry in the forecast period. This can be attributed to the factors like the presence of a large pool of patients, favourable government policies to support the healthcare industry, and the increasing prevalence of various lifestyle disorders in the region. The recent outbreak of the COVID-19 pandemic further accelerated the demand for these beds.
Therapeutic Beds: Market Segmentation
Therapeutic beds are the medical beds which help reduce the pressure points, regulate the body temperature, and allow better blood circulation.
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Based on the product, the market can be divided into:
- Clinical Beds
- Household Beds
- Accessories
Clinical beds are further categorised on the basis of type into, regular Medical Beds, ICU Beds, paediatric beds, birthing beds, bariatric beds, and low air loss bed system, among others.
The market can be broadly categorised on the basis of type into:
- Acute Care
- Critical Care
- Long-term
The EMR report looks into the regional markets of therapeutic beds like North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
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Various Benefits of Therapeutic Beds to Significantly Contribute to the Growth of the Therapeutic Beds Industry
The global therapeutic beds industry is driven by the various advantages offered by these beds, such as they help regulate blood circulation and maintain the normal body temperature. These beds are designed to evenly distribute the weight of the body. Moreover, they allow for long-lasting, non-toxic, restorative sleep while providing proper back support and spinal alignment. The increasing use of these beds in hospitals for critical or long-term care and the growing expenditure on patient care have led to a growth of the therapeutic beds industry. The therapeutic beds for critical care are for those who are recovering from surgery and need special treatment. Over the forecast period, the increasing investments by the key industry players to further enhance their existing portfolio and innovate products are expected to aid the market in the forecast period.
Key Industry Players in the Global Therapeutic Beds Market
The report presents a detailed analysis of the following key players in the global therapeutic beds market, looking into their capacity, market shares, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:
- Stryker Corporation
- Arjo AB
- Gendron, Inc.
- Bakare Beds Ltd.
- Invacare Corporation
- Others
The comprehensive report looks into the macro and micro aspects of the industry. The EMR report gives an in-depth insight into the market by providing a SWOT analysis as well as an analysis of Porter’s Five Forces model.
Key Highlights of the Report
| REPORT FEATURES | DETAILS |
| Base Year | 2023 |
| Historical Period | 2017-2023 |
| Forecast Period | 2024-2032 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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| Breakup by Product |
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| Breakup by Type |
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| Breakup by Region |
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| Market Dynamics |
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| Competitive Landscape |
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| Companies Covered |
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| Report Price and Purchase Option | Explore our purchase options that are best suited to your resources and industry needs. |
| Delivery Format | Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option. |
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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Key Questions Answered in the Report
In 2023, the global therapeutic beds market attained a value of nearly USD 3.94 billion.
The market is projected to grow at a CAGR of 5.40% between 2024 and 2032.
The major drivers of the industry such as the increasing investment in healthcare, increasing health awareness, favourable government policies, increasing prevalence of various lifestyle disorders and growing innovations are expected to aid the market growth.
The key market trends guiding the growth of the industry include the increasing use of these beds in hospitals for critical or long-term care and the growing expenditure on patient care.
The major regions in the industry are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.
The significant products of therapeutic products in the industry are clinical beds, household beds, and accessories. Clinical beds are further categorised on the basis of type into, regular medical beds, ICU beds, paediatric beds, birthing beds, bariatric beds, and low air loss bed system, among others.
The different types of therapeutic beds in the industry are acute care, critical care, and long term.
The major players in the industry are Stryker Corporation, Arjo AB, Gendron, Inc., Bakare Beds Ltd., and Invacare Corporation, among others.
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