# Sales of Medical Beds Across the Globe are Estimated to Exceed US$ 3,000 Mn in Revenues by 2022-end
Author:  Pal Sinha, Barnali 
Author URL: https://financedigest.com/author/pal-sinha-barnali
Published: 2021-09-17
Category: Research Reports
Category URL: https://financedigest.com/category/research-reports
Meta Title: Global Medical Beds Market Analysis & Insights
Meta Description: Discover insights on the competitive nature of the medical beds market, key takeaways, and market projections. Request a sample for in-depth analysis.
URL: https://financedigest.com/sales-of-medical-beds-across-the-globe-are-estimated-to-exceed-us-3000-mn-in-revenues-by-2022-endhtml

According to a latest research analysis by Fact.MR, the global market for medical beds will expand at a moderate CAGR during 2017 to 2022. Sales of medical beds across the globe are estimated to exceed US$ 3,000 Mn in revenues by 2022-end.

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**International & Regional Players focusing on Extension of their Products & Services**

Distinguished by the presence of numerous vendors, the [global medical beds market](https://www.financedigest.com/advanced-packaging-market-to-exceed-us-61-3-billion-by-2033-as-sales-of-embedded-die-packaging-solutions-burgeons-globally.html "Advanced Packaging Market to Exceed US$ 61.3 Billion by 2033 as Sales of Embedded Die Packaging Solutions Burgeons Globally") is highly competitive in nature. The international as well as regional market players, with their strong market penetration and wide geographic reach, are now focusing on [extending their products & services for gaining](https://www.financedigest.com/oil-prices-extend-gains-with-falling-supplies-in-focus.html "Oil prices extend gains with falling supplies in focus") a competitive edge. However, regional vendors are finding it challenging to keep up with international players in terms of [market reach](https://www.financedigest.com/herbal-supplements-market-to-reach-us-191-7-bn-by-2030-at-10-6-cagr-fmi.html "Herbal Supplements Market to Reach US$ 191.7 Bn by 2030 at 10.6% CAGR: FMI"), pricing, quality, and financial resources.

![global medical bed market](https://prod.superblogcdn.com/site_cuid_cm5qst7v3003gwirgwqtxn8i8/images/globalpercent20medicalpercent20bedpercent20market-1736837836618-compressed.jpg)

The healthcare [sector has been witnessing a gradual inclination towards home-based services](https://www.financedigest.com/decline-in-german-services-sector-eases-raising-hopes-for-milder-recession-pmi.html "Decline in German services sector eases, raising hopes for milder recession -PMI"), from hospital-based services. This is mainly because healthcare services offered in hospitals, particularly during long duration of stays, are expensive. Long-term home-based healthcare [services reduces the overall costs](https://www.financedigest.com/home-start-lincolnshire-implements-flexible-unified-communications-service-to-reduce-costs.html "HOME-START LINCOLNSHIRE IMPLEMENTS FLEXIBLE UNIFIED COMMUNICATIONS SERVICE TO REDUCE COSTS") for patients. This has been encouraging manufacturers & suppliers to increase their production capacities, in a bid to provide semi-automated and manual beds for home-based healthcare services.

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**7 Key Takeaways from** [Fact.MR’s report on Medical Beds Market](https://www.financedigest.com/fluidized-bed-reactors-market-expansion-projected-to-gain-an-uptick-during-2021-2031-fact-mr-report.html "Fluidized Bed Reactors Market Expansion Projected to Gain an Uptick during 2021-2031: Fact.MR Report")

- Based on usage, acute care will account for the largest share of the global medical bed market in 2017, and is further projected to [gain an uptick in its market](https://www.financedigest.com/robotic-vacuum-cleaners-market-to-gain-over-75-of-revenue-from-in-house-robots-sales-fmi.html "Robotic Vacuum Cleaners Market to Gain Over 75% of Revenue from In-house Robots Sales: FMI") share by 2022-end. Long-term care is also expected to witness a significant usage of medical beds in the near future, with shifting preference of patients towards home-based healthcare services. Sales of medical beds in psychiatric and bariatric care will reflect a sluggish expansion through 2022.
- Non-intensive care [applications of medical beds will account](https://www.financedigest.com/construction-applications-to-account-for-over-three-out-of-ten-power-tools-sold-through-2030-new-study-2.html "Construction Applications to Account for Over Three out of Ten Power Tools Sold through 2030: New Study") for nearly four-fifth share of the market over 2017 to 2022. Intensive care is likely to [gain traction among medical bed applications in the near future](https://www.financedigest.com/dollar-gains-as-wall-street-retreats-on-future-fed-hikes.html "Dollar gains as Wall Street retreats on future Fed hikes"), with increasing number of medical emergencies and surgeries fuelling the requirement for post-operative care.
- Increasing incidences of chronic diseases, and neurological diseases owing to rising geriatric population has [surged the prevalence of hospitalization across](https://www.financedigest.com/air-pollution-surges-as-heatwave-sweeps-across-europe.html "Air pollution surges as heatwave sweeps across Europe") the globe. This has significantly fuelled demand for [medical beds in hospitals](https://www.financedigest.com/the-icu-is-full-medical-staff-on-frontline-of-chinas-covid-fight-say-hospitals-are-overwhelmed.html "‘The ICU is full’: medical staff on frontline of China’s COVID fight say hospitals are ‘overwhelmed’"). Hospitals are anticipated to remain the most lucrative end-users of medical beds, with sales [forecast to account for approximately US$ 2,300 Mn revenues](https://www.financedigest.com/shopifys-revenue-forecast-fails-to-impress-shares-fall.html "Shopify’s revenue forecast fails to impress, shares fall") by 2022-end. Ambulatory surgical centers will remain relatively less lucrative end-users of medical beds than hospitals during 2017 to 2022.
- Based on product type, electric beds will remain preferred among patients in the global medical bed market, however [sales of electric beds will register](https://www.financedigest.com/sales-of-phev-in-wheel-motor-is-set-to-register-30-04-growth-by-2027-reveals-fact-mr.html "Sales of PHEV In-Wheel Motor Is Set to Register 30.04% Growth by 2027 – Reveals Fact.MR") the lowest CAGR through 2022. Semi-electric beds are expected to witness a steady expansion and will account for nearly US$ 1,000 Mn revenues by 2022-end.
- Manual beds will also gain significant traction over 2017 to 2022, owing to their wide adoption in healthcare institutions that are devoid of sophisticated healthcare facilities. In addition, healthcare providers in rural regions depend highly on manual beds on the back of [shortage in advanced medical](https://www.financedigest.com/eu-commission-approves-delay-in-medical-devices-law-to-avert-shortages.html "EU commission approves delay in medical devices law to avert shortages") facilities, and affordability of manual beds.

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- Europe is [anticipated to remain the largest market](https://www.financedigest.com/turpentine-market-anticipated-to-exceed-us-1-51-bn-by-2028-fmi.html "Turpentine Market anticipated to exceed US$ 1.51 Bn by 2028 – FMI") for medical beds, in terms of revenues. However, the market in [Europe is projected to expand](https://www.financedigest.com/geelys-ev-brand-zeekr-aims-to-double-sales-in-2023-expand-in-europe.html "Geely’s EV brand Zeekr aims to double sales in 2023, expand in Europe") at a relatively lower CAGR than all the other regional segments through 2022. The [market in Middle East & Africa will expand at a similar CAGR](https://www.financedigest.com/front-office-bpo-services-market-to-exhibit-a-cagr-of-7-4.html "Front Office BPO Services Market to exhibit a CAGR of 7.4%") as that of Europe’s through 2022.
- North America will expand at the highest [CAGR in the global medical beds market](https://www.financedigest.com/event-management-software-market-to-rise-steadily-at-a-cagr-of-14-1.html "Event Management Software Market to rise steadily at a CAGR of 14.1%") during 2017 to 2022, followed by Asia-Pacific excluding Japan (APEJ). This growth of medical bed market in [North America is attributed](https://www.financedigest.com/north-america-dominates-the-weatherstrip-seal-sales-attributed-to-the-constant-demand-from-construction-and-automotive-industry.html "North America Dominates The Weatherstrip Seal Sales Attributed To The Constant Demand From Construction And Automotive Industry") to availability of highly advanced healthcare facilities, along with increased healthcare expenditure in the region. In addition, higher availability of sophisticated hospitals such as super specialty and multi-specialty hospitals in North America will further influence demand for medical beds.

The report by Fact.MR has identified key players operating in global medical beds market, which include Merivaara Corp., Span-America Medical Systems, Inc., Stiegelmeyer GmbH & Co. KG, LINET spol. s r.o., Medline Industries, Inc., Amico Corporation, Invacare Corporation, Getinge AB, Hill-Rom Holdings, Inc., and Stryker Corporation.

**Read More Trending and Similar Reports from Fact.MR – [https://www.globenewswire.com/en/news-release/2019/07/29/1892912/0/en/Dental-Anesthetics-Sales-Will-Witness-a-Promising-Leap-as-Dental-Tourism-Continues-to-Proliferate-Says-Fact-MR.html](https://www.globenewswire.com/en/news-release/2019/07/29/1892912/0/en/Dental-Anesthetics-Sales-Will-Witness-a-Promising-Leap-as-Dental-Tourism-Continues-to-Proliferate-Says-Fact-MR.html)**

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