Beds are indispensable components required at healthcare facilities, as most of the patients are not in a mobile condition to receive the treatment, and rest is of utmost importance for them. In the beginning, the hospital beds were of simple design without any added features. The beds relied on the use of a manual crank to move the rails up and down to the required position and more akin to a modern-day stretcher. With the advancement in technology, the beds which provide elevation for the head and feet by mechanical parts came into existence. Further, realizing the importance of such beds, the manual technique was replaced with electric control panels and since then the advanced beds became a critical component of the healthcare facility.
According to United Nations, in 2017, the population aged 60 years or overreached 962 million, which is expected to increase to 2.1 billion by 2050. Also, the number of people aged 80 years or above is projected to increase threefold between 2017 and 2050, rising from 137 million to 425 million. A growing aging population is leading to an increase in the prevalence of chronic diseases. According to the WHO, in 2001, the proportion of non-communicable diseases (NCDs) in the global burden of diseases was 46% which is expected to increase to 57% by 2020.
Here are the leading 10 companies operating in hospital beds market–
Founded in 1946 and headquartered at Michigan, the U.S.; Stryker Corporation together with its subsidiaries operates as medical technology company. The company operates through three business segments namely Orthopedics; MedSurg; and Neurotechnology and Spine. The company provides hospital beds under the MedSurg business segment.
With its subsidiaries and strong network of distribution, the company has its presence in North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. The company has manufacturing and distribution facilities for products under MedSurg business segment in the U.S. – in Michigan, California, Illinois, Washington, Utah, Florida, and Texas.
Outside the U.S., it has manufacturing facilities located in Ireland, Germany, Mexico, Puerto Rico, Switzerland, Turkey, and the U.K. The major subsidiaries of the company include MAKO Surgical Corp. (U.S.), Stryker Japan KK (Japan), and Stryker (India) Pvt. Ltd.
Hill-Rom Holdings Inc.
Founded in 1969 and headquartered at Chicago, the U.S.; Hill-Rom Holdings, Inc. is a manufacturer and provider of medical technologies and related services to healthcare industry. The company operates through three business segments, namely, Patient Support Systems, Front Line Care, and Surgical Solutions. The company provides hospital beds under the Patient Support Systems business segment.
With its subsidiaries and strong network of distribution, the company has its presence in various regions such as North America, Europe, Asia- Pacific, Latin America, and Middle East & Africa. The major subsidiaries of the company include Hill-Rom (U.S.), Hill Rom GmbH (Germany), and Hill-Rom Japan Co., Ltd (Japan).
Founded in 1904 and headquartered at Gothenburg, Sweden; Getinge AB offers products to the healthcare and life sciences industries. The company operates through two business segments, namely, Acute Care Therapies and Surgical Workflows. The company expanded the portfolio of medical beds, patient lifts, and bathing solutions by the acquisition of the Swedish company Arjo in 1995. The company provides hospital beds under the acute care business segment.
With its subsidiaries and a strong network of distribution, the company has its presence in various regions such as North America, Europe, Asia- Pacific, Latin America, and Middle East & Africa. The major subsidiaries of the company include ArjoHuntleigh GmbH (Germany), Getinge USA, Inc. (U.S.), and ArjoHuntleigh International Limited (U.S.).
Founded in 1885 and headquartered in Ohio, the U.S.; Invacare Corporation is engaged in the manufacture and distribution of home and long-term care medical products that promote recovery and active lifestyle. The Company manufactures and distributes products in three key product categories: mobility and seating, lifestyle, and respiratory therapy. The company provides hospital beds under mobility and seating product category.
With its subsidiaries and a strong network of distribution, the company has its presence in various regions such as North America, Europe, and Asia- Pacific. The company has eight manufacturing facilities in Europe and manufactures beds in Portugal and Sweden. The major subsidiaries of the company include Invacare GmbH (Germany), Invacare SA (Spain), and Invacare BV (Netherlands).
Paramount Bed Holdings
Founded in 1982 and headquartered at Tokyo, Japan; Paramount Bed Holdings Co., Ltd. is engaged in manufacturing and sales of beds, mattresses, and equipment for medical and nursing care environments. The company operates through one reportable segment, related to the bed business. The company along with its subsidiaries also provides services such as the inspection and maintenance of Paramount Bed products and the leasing and wholesaling of welfare care products.
With its subsidiaries and strong network of distribution, the company has its presence in various regions such as North America, Europe, and Asia-Pacific. The major subsidiaries of the company include Paramount Bed Co., Ltd. (Japan) and Sunnetwork Corp. (Japan).
A report into the projected growth of the current hospital beds market by Meticulous Research® has produced some incredible forecasts for the industry. By 2023, it’s expected to have grown at a CAGR of 4.8%, reaching over $3 billion.
Medline Industries, Inc.
Founded in 1966 and headquartered at Illinois, the U.S.; Medline Industries, Inc. is a manufacturer and distributor of medical supplies providing products and education and support across the continuum of care.
The company also distributes beds of Big Boyz Industries Inc (U.S.), Drive/Devilbiss Healthcare, Inc. (U.S.), Gendron, Inc. (U.S.), Joerns Healthcare LLC. (U.S.), Span-America Medical Systems (U.S.), Amico Corporation (U.S.), Hill-Rom Holdings, Inc.(U.S.), Stryker Corporation (U.S.), Pedicraft Inc. (U.S.), Graham-Field Products, Inc. (U.S.), Norix Group Inc (U.S.), Novum Medical Products, Inc. (U.S.), AliMed, Inc. (U.S.), Integrity Medical Solutions, Inc. (U.S.), Kamp-Rite Tent Cot, Inc (U.S.), Leggett & Platt (U.S.), Mjm International Corporation (U.S.).
With its subsidiaries and a strong network of distribution, the company has its presence in various regions such as North America, Europe, and Asia-Pacific. The major subsidiaries of the company include Medline Austria GmbH (Austria), Medline International Germany GmbH (Germany), Medline International B.V. (Netherlands), and Medline Industries Ltd (U.K.).
Joh. Stiegelmeyer GmBH & Co. KG
Founded in 1900 and headquartered at Herford, Germany; Joh. Stiegelmeyer GmBH & Co. KG is engaged in the designing, manufacturing, and development of premium quality hospital and care products. The company product ranges from infant trolleys to intensive care beds, also it provides bedside cabinets, transport chairs and stretchers, and accessories.
With its subsidiaries and strong network of distribution, the company has its presence in more than 60 countries with distribution companies in Belgium, Finland, France, the Netherlands, Poland, and South Africa. The major subsidiaries of the company include Burmeier GmbH & Co. KG (Germany), Stiegelmeyer Sp. z o.o. (Poland), Stiegelmeyer SAS (France), and Stiegelmeyer Africa (PTY) Ltd (South Africa).
Founded in 1871 and headquartered at Ohio, the U.S.; Gendron, Inc. is engaged in the designing and manufacturing of bariatric patient care products. The company serves various products for the acute care, long term care, long term alternate care, rehabilitation and home care.
The company provides beds and associated mattress surfaces, patient lift devices, transfer and transport devices, mobility, seating and personal care for bariatric patients.
LINET Group SE
Founded in 1990 and headquartered at Slaný, Czech Republic; LINET Group SE is a European manufacturer of beds and suppliers of healthcare solutions. The company provides solutions for intensive care, products for regular in-bed treatment, and also special beds for old people’s homes and long-term care facilities. The company has two brands namely LINET and WiBo. LINET specializes in the production of hospital beds, while WiBo produces beds for residential and social care.
With its subsidiaries and a strong network of distribution, the company has its presence in hospital beds market, across the U.K., the Netherlands, France, Sweden, and the U.S. The company has two manufacturing locations-in Želevčice near Slaný (Czech Republic), and Wickede (Germany). The major subsidiaries of the company include LINET MEA (U.A.E), LINET Iberia (Spain), and LINET Americas (U.S.).
Joerns Healthcare LLC
Founded in 1889 and headquartered in North Carolina, the U.S.; Joerns Healthcare LLC. is a manufacturer of healthcare beds, therapeutic surfaces, patient handling products, and a provider of negative pressure wound therapy devices, DME equipment, and services to the post-acute market. The company provides its services at 130 sites, through 700 associates with the advanced asset management technology and logistics systems.
With its subsidiaries and a strong network of distribution and service network, the company has its presence across North America and Europe. The major subsidiaries of the company include Sten Barr Medical, Inc. (U.S.), and Tollos, Inc. (U.S.).
Popular mentions: Span-America Medical Systems, Inc., Savion Industries, and Malvestio Spa
Hospital Beds Market By Product (Beds, Accessories), Area Of Use (Critical, Bariatric, Med Surg, Pediatric, Maternal), Technology (Powered, Manual), Type Of Care (Curative, Long Term), And End User (Hospital, Homecare, Elderly) – Global Forecast To 2023
Meticulous Research®’s new report covers each of these companies in much more detail, providing analysis on the following:
Hospital Beds Market by Product
Hospital Beds Market by Area of use
- Critical care
- Long-term care
- Bariatric care
Hospital Beds Market by Type of care
- Curative care
- Long-term care
- Rehabilitative care
Hospital Beds Market by Technology
Hospital Beds Market by End user
- Elderly care settings
- Homecare settings
Hospital Beds Market by Geography
- North America
- Rest of Europe (RoE)
- Asia-Pacific (APAC)
- Rest of APAC (RoAPAC)
- Latin America
- Rest of Latin America
- Middle East & Africa
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