According to the global therapeutic beds market report by IMARC Group, the market reached a value of US$ 4.3 Billion in 2022, and it is projected to reach a value of US$ 5.8 Billion by 2028, exhibiting a CAGR of 4.85% during 2023-2028.
Therapeutic beds refer to specially designed beds that are intended to be utilized in controlled clinical environments to offer maximum patient comfort and enhance healthcare delivery. They can be categorized into ICU beds, pediatric beds, birthing beds, bariatric beds, acute care beds, critical care beds, etc. Therapeutic beds have additional positioning aids, including pillows, pads, wedges, etc. They are customized to lower acupoints, prevent bedsores, regulate body temperature, and improve blood flow. Therapeutic beds are even equipped with advanced features, such as side rails, electronic elevation, and wheels, which help ensure portability and safety for patients and fulfill comfort and positioning needs in the event of surgery, degenerative disease, or injury. Consequently, they find extensive applications in hospitals, clinics, reproductive care centers, nursing homes, etc.
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Market Trends in the Therapeutic Beds Market
The increasing technological advancements in the healthcare segment across the globe are primarily driving the therapeutic beds market. In addition to this, the growing geriatric population and the rising prevalence of several chronic illnesses, including urological disorders, cancer, neurological ailments, etc., requiring longer hospital stays, are further stimulating the market growth. Apart from this, the escalating demand for bariatric surgeries, inpatient surgeries, ambulatory surgeries, and preoperative and postoperative critical care services is also positively influencing the market growth.
Moreover, the shifting consumer preferences toward long-term-care settings are acting as significant growth-inducing factors. Besides this, the inflating investments for improving the number of beds to patient ratio in developing countries and the introduction of household beds custom-built to be used in non-clinical settings, which include assisted living facilities, home care settings, hospice, etc., to assist in the long-term recovery of patients, particularly in post-surgical recoveries are expected to bolster the therapeutic beds market over the forecasted period.
Top Major Key Players in The Market
Amico Group of Companies, Arjo AB, Centrobed Ltd., GF Health Products Inc., HARD Manufacturing Company Inc., Hill-Rom Holdings Inc. (Baxter International Inc.), Invacare Corporation, Medical Depot Inc. (DBA Drive DeVilbiss Healthcare), Medline Industries LP and Stryker Corporation.
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The report has been segmented the market into following categories:
Breakup by Product:
- Clinical Beds
- Regular Beds
- ICU Beds
- Pediatric Beds
- Birthing Beds
- Bariatric Beds
- Low Air Loss Beds
- Household Beds
Breakup by Application:
- Acute Care Beds
- Critical Care Beds
- Long-term Beds
Breakup by End User:
- Hospital and Clinics
- Reproductive Care Centers
- Asia Pacific
- North America
- Middle East and Africa
- Latin America
On the geographical front, Asia Pacific enjoys the leading position in the market. This can be attributed to the rising establishment of international companies in the region, on account of low manufacturing costs and cheap labor.
Key Questions Answered in the Global Therapeutic Beds Market Report
• How has the global Therapeutic Beds industry performed in the past and how will it perform in the near future?
• What is the impact of COVID-19 on the global Therapeutic Beds market?
• What are the key regions in the global Therapeutic Beds industry?
• What are the major driving factors and challenges in the global Therapeutic Beds market?
• What is the structure of the global Therapeutic Beds industry and who are the leading players?
• What is the degree of competition in the market?
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