Acute Care Hospital Bed and Stretcher Market

Acute Care Hospital Bed and Stretcher Market Outlook (2024 to 2034)

A new Fact.MR study reveals that the global acute care hospital bed and stretcher market size is estimated at US$ 8.08 billion in 2024. Worldwide demand for acute care hospital beds and stretchers is predicted to increase at 1.4% CAGR and reach a market value of US$ 9.32 billion by 2034-end.

There is increasing demand for healthcare services due to the rising population across geographies. The increasing prevalence of several health disorders or diseases is resulting in an increasing number of hospital admissions, thus stimulating sales of acute care hospital beds and stretchers.

Key Market Growth Drivers

• Technological advancements are leading to the development of more advanced and specialized beds and stretchers that ensure enhanced mobility, improved healthcare outcomes, and better patient comfort. Therefore, hospitals are investing in more efficient healthcare equipment.
• Rising prevalence of chronic diseases, including cardiovascular diseases, diabetes, and cancer is generating requirements for specialized care and extended hospital stays thus demand for acute care hospital beds and stretchers is increasing.

Government initiatives aim to improve the quality of care and healthcare infrastructure, which further drives demand for acute care hospital beds and stretchers. Medical reforms are focusing on upgrading healthcare facilities to stimulate the adoption of acute care hospital beds and stretchers.

• Sales of acute care hospital beds and stretchers in Mexico are forecasted to rise at a low CAGR of 1.8% and reach US$ 476.28 million by the end of 2034.
• Demand for beds is predicted to increase at 1.4% CAGR and reach a market value of US$ 8.02 billion by 2034-end.
• Latin America is projected to hold 12.1% share of global market revenue by 2034.

Healthcare facilities and hospitals are investing heavily in upgrading their infrastructure, improving patient care services, and expanding their capacities, which is forecasted to contribute to increased acute care hospital bed and stretcher market share. In recent years, emphasis has been placed on patient-centric care, including safe and comfortable environments for patients. Hospital beds and stretchers ensure ease of use and safety features and prioritize patient comfort.

Report Attributes	Details
Acute Care Hospital Bed and Stretcher Market Size (2024E)	US$ 8.08 Billion
Forecasted Market Value (2034F)	US$ 9.32 Billion
Global Market Growth Rate (2024 to 2034)	1.4% CAGR
North America Market Share (2034F)	27.3%
Mexico Market Value (2034F)	US$ 476.28 Million
Brazil Market Value (2034F)	US$ 745.17 Million
Beds Segment Market Value (2024E)	US$ 6.98 Billion
Hospitals Segment Market Share (2024E)	72.5%
Key Companies Profiled	Invacare Corporation Stryker Corporation Hill-Rom Holdings Inc. LINET Paramount Bed Holdings Co., Ltd. Getinge AB Howard Wright Limited Midmark Corp.

Why is There Steady Increase in Demand for Acute Care Hospital Beds and Stretchers?

“Rising Prevalence of Chronic Diseases Leading to Extended Hospital Stays”

Acute care hospital bed and stretcher market growth is attributed to the increased cases of chronic diseases, including respiratory conditions, cardiovascular diseases, neurological disorders, and cancer. Shifting lifestyle habits, including unhealthy diets, sedentary lifestyles, habits like excessive alcohol consumption, and increased stress are contributing significantly to rising cases of chronic disorders.

Geriatric people across countries are more prone to developing chronic conditions. With age, people become more susceptible to illnesses, including arthritis, certain cancer types, and heart diseases, which results in increased demand for specialized care and hospitalization.

Rapid industrialization and urbanization generally bring changes in dietary patterns, exposure to pollution, increased stress levels, and reduced physical activity. These factors are directly related to higher risks of chronic diseases. Several chronic diseases need prolonged hospitalization for management, treatment, and monitoring. Patients with these healthcare issues generally require constant medical attention and specialized care, occupying acute care hospital beds and stretchers for longer periods.

Safety features of acute care hospital beds and stretchers to prevent complications, adjustable positions for utmost comfort, and pressure relief mattresses are contributing to their increased demand.

“Technological Advancements Leading to Development of Advanced Hospital Beds and Stretchers”

Acute care hospital bed and stretcher market trends are influenced by technological advancements that are predicted to revolutionize their functionality and design. These advancements include specialized mattresses for pressure relief, adjustable positions, noise reduction features, and ergonomic designs to reduce discomfort to provide a more comfortable experience to patients.

Technological advancements ensure enhanced mobility features in acute care hospital beds and stretchers, allowing automated adjustment based on patient’s requirements. This is leading to the development of stretchers and beds with increased mobility features. Beds can be maneuvered easily within hospital premises and stretchers are also available with enhanced maneuverability in compact spaces, including corridors or elevators. These more efficient acute care hospital beds and stretchers minimize the risks of injury during movements.

What are the Challenges Faced by Manufacturers?

“Lack of Infrastructure in Developing and Underdeveloped Countries Limiting Market Opportunities”

Manufacturers, as well as governments, are putting efforts into improving the acute care hospital bed and stretcher landscape. However, a lack of infrastructure in underdeveloped and some developing countries in healthcare facilities is forecasted to restrain market growth opportunities in the coming 10 years.

How are New Companies Making a Mark in This Business Space?

“Integration of Smart Technology with Acute Care Hospital Beds and Stretchers”

The development of technologically advanced acute care hospital beds and stretchers can enhance patient care and streamline the workflow of healthcare professionals. Integration of smart technology allows remote monitoring of patient’s vitals and connectivity with EMRs (electronic medical records). These features enhance the overall experience for patients.

Country-wise Insights

As per the study published by Fact.MR, a market research and competitive intelligence provider, Asia Pacific is predicted to hold a significant position in the global market by 2034-end. This dominance is attributed to the rising prevalence of road accidents that lead to hospital admissions. In addition, improved healthcare infrastructure in the region is also contributing to increased demand for acute care hospital beds and stretchers.

Why are Acute Care Hospital Bed and Stretcher Manufacturers Thriving in the United States?

“Easy Access to Healthcare Facilities across the Country”

Attribute	United States
Market Value (2024E)	US$ 1.38 Billion
Growth Rate (2024 to 2034)	1.5% CAGR
Projected Value (2034F)	US$ 1.61 Billion

The United States is predicted to hold 63.3% share of regional market revenue by 2034. Technological advancements taking place in medical treatment are leading to increased complexity of care offered in hospitals. Patients require specialized monitoring, interventions, and equipment that often require specific types of acute care hospital beds and stretchers.

Changing healthcare policies along with easy access to healthcare services is projected to lead to increased demand for medical care. The rising use of healthcare services is forecasted to push demand for acute care hospital beds and stretchers.

What is Drawing Acute Care Hospital Bed and Stretcher Companies to China?

“Increasing Cases of Chronic Diseases and Lifestyle Changes Leading to Higher Hospitalizations”

Growing elderly population in China is estimated to lead to rising cases of chronic diseases, thus stimulating demand for acute care hospital beds and stretchers. In addition, growing urbanization brings lifestyle changes, thereby contributing to an increase in the need for healthcare services. Increasing hospitalizations in the country are predicted to contribute to the demand for acute care medical beds and ambulance stretchers.

Category-wise Insights

This research report by Fact.MR reveals that hospital settings are projected to hold 72.1% share of the market by 2034. This dominance is attributed to the rising admissions of patients in hospitals for effective care and rapid recovery. Adoption of advanced acute care hospital beds and stretcher chairs ensure the safety of healthcare providers as well as patients and aid in infection control.

Which Type of Acute Care Hospital Bed is Predicted to Gain Traction?

“Rising Hospital Admissions Pushing Demand for Beds Offering Optimum Protection”

Attribute	Beds
Segment Value (2024E)	US$ 6.98 Billion
Growth Rate (2024 to 2034)	1.4% CAGR
Projected Value (2034F)	US$ 8.02 Billion

Beds are forecasted to account for 86.1% share of the global market revenue by 2034. Acute care beds are prominently used for patient accommodation to cure illness, manage labor, or provide definite treatment of injury. In addition, various types of beds are available according to the requirements of patients, including tilting beds to support ICU (intensive care unit) staff in caring for and repositioning patients for faster recovery.

Patients can enjoy optimum protection and utmost comfort. Patients need to stand and sit up as quickly as possible for a successful recovery. Early mobilization brings economic benefits and strong health. This purpose is fulfilled easily with an effective mobilization bed.

Where is Utilization of Hospital Beds and Stretchers High?

“High Focus on Patient Comfort and Safety in Hospital Settings”

Attribute	Hospitals
Segment Value (2024E)	US$ 5.86 Billion
Growth Rate (2024 to 2034)	1.4% CAGR
Projected Value (2034F)	US$ 6.72 Billion

Hospitals are predicted to hold 72.1% share of the global market revenue by 2034. Hospitals generally replace older stretchers and beds with new and more advanced acute care hospital beds and stretchers with improved functionality and enhanced patient care. Upgrading to specialized and more efficient equipment is predicted to contribute to increased demand for new units.

Healthcare providers are investing in expanding specialized units, including neonatal care, cardiac care, and intensive care units. These units need specialized beds and stretchers customized to the specific requirements of patients.

Competition Landscape

Suppliers of acute care hospital beds and stretchers are adopting several strategies, including ensuring quality control of products, management of supply chain systems, and new developments, to contribute to the growth of the acute care hospital bed and stretcher market size and enhance their profit share as well.

Key market players in the acute care hospital bed and stretcher market are Invacare Corporation, Stryker Corporation, Hill-Rom Holdings Inc., LINET, Paramount Bed Holdings Co., Ltd., Getinge AB, Howard Wright Limited, and Midmark Corp.

Segmentation of Acute Care Hospital Bed and Stretcher Market Research

• By Product Type :

  • Beds
  • Stretchers

• By End User :

  • Hospitals
  • Ambulatory Surgical Centers
  • Specialty Clinics

• By Region :

  • North America
  • Europe
  • East Asia
  • Latin America
  • Middle East & Africa
  • South Asia & Oceania