1. Market Research
  2. > Healthcare Market Trends
Global Healthcare Smart Beds Market By Application, By Regional Outlook, COVID-19 Impact Analysis Report and Forecast, 2021 - 2027

Global Healthcare Smart Beds Market By Application, By Regional Outlook, COVID-19 Impact Analysis Report and Forecast, 2021 - 2027

  • August 2021
  • 121 pages
  • ID: 6155857
  • Format: PDF
  • KBV Research

Summary

Table of Contents

The Global Healthcare Smart Beds Market size is expected to reach $880.9 Million by 2027, rising at a market growth of 8.8% CAGR during the forecast period. Smart beds and mattresses are easily movable & flexible and are totally different from traditional bed functionality. To provide better facilities like comfort, sleep, and health, a variety of technology applications are fixed in the healthcare smart beds.

These beds comprise built-in biometric sensors, which help in tracking heart rate, breathing pattern, sleep duration, and body movement while sleeping. Smart beds are capable to study data based on the information of the user’s sleep quality. This examined data is later utilized by smart beds to adjust themselves to the changing positions at the time when the patient is sleeping. Many beds are also fixed with anti-snoring devices. The patient has the choice to connect with their most preferred digital application to manage the temperature and scheduled exercise time. Many of the smart beds can be operated by phones while some of the smart beds are unmanageable by phones for which patients need to get up and change the adjustments & settings.

The growth of the healthcare smart beds market is witnessing a significant surge in its demand from the hospital sector as they are helpful in monitoring the patients from distant locations. In addition, the healthcare sector of the emerging nations is investing a huge amount for deploying smart beds, which is giving rise to the demand for healthcare smart beds. Additionally, the growing number of aging population is accountable to contribute to the demand for smart beds and mattresses in several big hospitals. In the evolving world, hospitals are choosing smart beds instead of traditional beds as they are able to examine data of the patient, which helps in enhancing the quality of care provided to the patient.

COVID-19 impact

The negative impact of COVID-19 is witnessed across all industries. The pandemic compelled people to stay at their homes as it was a rapidly spreading virus. Also, governments across the world imposed stringent regulations, which restricted the movement. Various industries witnessed a slowdown in the manufacturing and productivity of the products. In addition, the supply chain of products was disrupted as traveling was banned in most of the countries.

Besides this, significant growth was seen in the demand for essential products and medical products & devices. Similarly, the demand for healthcare smart beds witnessed gradual growth in its demand. Around the world, many people were infected by COVID-19 due to which, hospitals were overburdened with an increased number of patients, which has also expanded the need for smart beds during the pandemic. Moreover, it is anticipated that the demand for healthcare smart beds will rapidly rise around the world in the upcoming years.

Market Growth Factors:

Growing prevalence of chronic diseases

The cases of chronic diseases are constantly rising across the world. The major factors contributing to surging the common and costly long-term health problems are changes in societal behavior and an aging population. Also, the middle class is growing due to which regions are getting urbanized and people are inclining towards a sedentary lifestyle. This has resulted in an increasing rate of obesity and cases of diseases like diabetes.

Integration of latest technology with smart beds

Latest scientific achievements and technology improvements have introduced a number of new & advanced medical devices, aided with highly developed embedded-control functions and interactivity. Healthcare smart beds comprise integrated devices for patient assistance, care, and monitoring, based on an inclusive, multidisciplinary design approach. Smart beds are integrated into the healthcare system and comprise a unique opportunity in enabling more efficient efforts for caregivers and more responsive environments for patients.

Market Restraining Factor:

The high production cost of healthcare smart beds

The sales of healthcare smart beds are still at a low rate due to which, the demand for smart beds is declining. Various developing and underdeveloped nations do not have a robust economy, this is the major factor hampering the growth of the healthcare smart beds market. Smart beds are embedded with a lot of the latest technologies, sensors, automation devices, artificial intelligence, real-time system devices, and others that help in better treatment procedures but this integration leads to an increase in the cost of the smart beds.

Application Outlook

Based on Application, the market is segmented into Hospitals, Outpatient Clinics, Medical Nursing Homes and Medical Laboratory and Research. The hospitals segment acquired the maximum revenue share of the market in 2020. This surge in the segment is witnessed due to the growing number of chronic diseases like kidney failure, heart diseases, and cancer, which is giving rise to the number of patients.

Regional Outlook

Based on Regions, the market is segmented into North America, Europe, Asia Pacific, and Latin America, Middle East & Africa. North America acquired the largest revenue share in 2020. Factor such as the increased usage of healthcare smart beds for long-term or acute care facilities are responsible for the massive share of the regional market. Healthcare Smart beds assist medical teams and professionals by providing continuous monitoring of the patient’s health in a non-invasive way. In addition, these beds automatically transfer the real-time data through a wireless network, which enables the doctor to review the data and monitor the patient’s vitals in real-time, this helps in increasing the safety of the patient.

The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Stryker Corporation, Hill-Rom Holdings, Inc., Invacare Corporation (Johnson & Johnson Private Limited), Paramount Bed Co., Ltd. (Paramount Bed Holdings Co., Ltd.), LINET spol. s r.o. (WIBO Holdings GmbH), Joerns Healthcare LLC, Stiegelmeyer GmbH & Co. KG (Joh. Stiegelmeyer & Co. GmbH), Arjo AB, Völker GmbH, and Favero Health Projects SpA.

Strategies Deployed in Healthcare Smart Beds Market

Aug-2021: LINET Group introduced the next-generation Multicare X beds on the global market as part of the prestigious ISICEM. Under the scientific ISICEM program, LINET would display the results of long-term research into the positioning of ventilated patients, which is controlled by the new functional imaging method, electrical impedance tomography (EIT).

Apr-2021: Paramount Bed entered into the partnership with Allied Telesis, a network infrastructure/telecommunications company. Following this partnership, Allied Telesis would offer ultra-modern wireless connection for IoT terminals for Paramount Bed for advanced medical care, which also includes sleep mat sensors and eye scanners to track patient health and sleep quality.

Feb-2021: Stryker launched ProCuity, the first-of-its-kind wireless hospital of the industry in EMEA. This smart bed is developed to decrease in-hospital patient falls at all acuity levels, enhance nurse workflow efficiencies, security, and cut down the hospital prices. Moreover, this bed is capable to connect smoothly to nurse call systems without using wires or cables.

Feb-2021: Hillrom took over a contact-free constant monitoring technology from EarlySense, an Israeli medical device company. With the help of this acquisition, Hillrom integrated Ramat Gan, the EarlySense’s contact-free constant monitoring and analytics technology with the Centrella Smart+med-Surg bed and ecosystem of connected devices. The Centrella Smart+ bed enables the constant monitoring of a patient’s heart and respiratory rates above 100 times per minute without coming in contact with the patient. This contact-free constant monitoring technology would provide the Centrella Smart-bed the power to send notifications to the clinicians regarding potential patient deterioration events earlier than conventional monitoring procedures.

Sep-2020: LINET Group completed the acquisition of CubileHealth, a provider of solutions for remote monitoring of patients in the hospital. Under this acquisition, the LINET Group would expand its offerings of smart products with a digital nursing assistant, which can be integrated modularly and future-proof with the nursing and hospital beds from wissner-bosserhoff. The acquisition aimed to help CubileHealth to speed up the development of the SafeSence sensor technology platform into a real digital care assistant that can be integrated with several modules with the nursing or hospital bed as needed and facilitate higher safety & quick reaction times during falls.

Feb-2020: LINET came into the agreement with Sizewise, global medical equipment, and consumer sleep system manufacturer. Under this agreement, the LINET would get access to the exclusive distribution network, which would serve the USA. As a part of this agreement, the two companies also aimed for a particular product, which would integrate the Eleganza 5 bed with mattresses that Sizewise maker in California.

Aug-2019: Invacare unveiled the latest NordBed family. The NordBed medical bed range is developed to support individuals suffering from low mobility and age-associated health issues, thereby offering superior comfort and easy usage for the patients and care staff.

Dec-2018: HillRom came into the partnership with EarlySense, an Israeli medical device company. Under this partnership, EarlySense’s constant contact-free heart rate and respiratory rate sensing and analytics technology would be integrated into Hill-Rom’s Centrella Smart+ bed platform. Through this partnership, Centrella beds are entering into a new era of quality care, under which every patient can be constantly monitored during their complete hospital stay.

Oct-2018: Joerns Healthcare launched two new bed systems: Joerns PCX Personal Care bed and Joerns BCX Bariatric Care bed. The new product line is developed specifically to serve growing care requirements across the changing care continuum.

Scope of the Study

Market Segments covered in the Report:

By Application

• Hospitals

• Outpatient Clinics

• Medical Nursing Homes

• Medical Laboratory and Research

By Geography

• North America

o US

o Canada

o Mexico

o Rest of North America

• Europe

o Germany

o UK

o France

o Russia

o Spain

o Italy

o Rest of Europe

• Asia Pacific

o China

o Japan

o India

o South Korea

o Singapore

o Malaysia

o Rest of Asia Pacific

• LAMEA

o Brazil

o Argentina

o UAE

o Saudi Arabia

o South Africa

o Nigeria

o Rest of LAMEA

Companies Profiled

• Stryker Corporation

• Hill-Rom Holdings, Inc.

• Invacare Corporation (Johnson & Johnson Private Limited)

• Paramount Bed Co., Ltd. (Paramount Bed Holdings Co., Ltd.)

• LINET spol. s r.o. (WIBO Holdings GmbH)

• Joerns Healthcare LLC

• Stiegelmeyer GmbH & Co. KG (Joh. Stiegelmeyer & Co. GmbH)

• Arjo AB

• Völker GmbH

• Favero Health Projects SpA

Unique Offerings

• Exhaustive coverage

• Highest number of market tables and figures

• Subscription based model available

• Guaranteed best price

• Assured post sales research support with 10% customization free

Get Industry Insights. Simply.

  • Latest reports & slideshows with insights from top research analysts
  • 150+ Million searchable statistics with tables, figures & datasets
  • More than 25,000 trusted sources
  • Single User License — provides access to the report by one individual.
  • Department License — allows you to share the report with up to 5 users
  • Site License — allows the report to be shared amongst all employees in a defined country
  • Corporate License — allows for complete access, globally.

ReportLinker may already be registered as a supplier with your company. If you want to Order by PO, check with us first and we'll let you know if we are a registered supplier and what the vendor number is. Otherwise, we'll provide you with the necessary information to register ReportLinker as a vendor.

Ahmad helps you find the right report:
Testimonials

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

We were impressed with the support that ReportLinker’s research specialists’ team provided. The report we purchased was useful and provided exactly what we want.

Category Manager at
Ikea

ReportLinker gave access to reliable and useful data while avoiding dispersing resources and spending too much time on unnecessary research.

Executive Director at
PwC Advisory

The customer service was fast, responsive, and 100% professional in all my dealings (...) If we have more research needs, I'll certainly prioritize working with ReportLinker!

Scott Griffith

Vice President Marketing at
Maurice Sporting Goods

The research specialist provided prompt, helpful instructions for accessing ReportLinker's product. He also followed up to make sure everything went smoothly and to ensure an easy transition to the next stage of my research

Jessica P Huffman

Research Associate at
American Transportation Research Institute

Excellent customer service. Very responsive and fast.

Director, Corporate Strategy at
Ingredion

I reached out to ReportLinker for a detailed market study on the Air Treatment industry. The quality of the report, the research specialist’s willingness to solve my queries exceeded my expectations. I would definitely recommend ReportLinker for in-depth industry information.

Mariana Mendoza

Global Platform Senior Manager at
Whirlpool Corporation

Thanks! I like what you've provided and will certainly come back if I need to do further research works.

Bee Hin Png

CEO at
LDR Pte Ltd

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

FAQ
  • How we can help
    • I am not sure if the report I am interested in will fulfill my needs. Can you help me?
    • Yes, of course. You can call us at +33(0) 4 37 65 17 03 or drop us an email at [email protected] to let us know more about your requirements.
    • We buy reports often - can ReportLinker get me any benefits?
    • Yes. Set up a call with a Senior Research Advisor to learn more - [email protected] or +33(0) 4 37 65 17 03.
    • I have had negative experiences with market research reports before. How can you avoid this from happening again?
    • We advise all clients to read the TOC and Summary and list your questions so that we can get more insight for you before you make any purchase decision. A research advisor will accompany you so that you can compare samples and reports from different sources, and choose the study that is right for you.

  • Report Delivery
    • How and when I will receive my Report?
    • Most reports are delivered right away in a pdf format, while others are accessed via a secure link and access codes. Do note that sometimes reports are sent within a 12 hour period, depending on the time zones. However, you can contact us to escalate this. Should you need a hard copy, you can check if this option is offered for the particular report, and pay the related fees.
  • Payment conditions
    • What payment methods do you accept?
      1. Credit card : VISA, American Express, Mastercard, or
      2. You can download an invoice to pay by wire transfer, check, or via a Purchase Order from your company, or
      3. You can pay via a Check made out in US Dollars, Euros, or British Pounds for the full amount made payable to ReportLinker
    • What are ReportLinker’s Payment Terms?
    • All payments must normally be submitted within 30 days. However, you can let us know if you need extended time.
    • Are Taxes and duties included?
    • All companies based in France must pay a 20% tax per report. The same applies to all individuals based in the EU. All EU companies must supply their VAT number when purchasing to avoid this charge.
    • I’m not satisfied. Can I be refunded?
    • No. Once your order has been processed and the publisher has received a notification to send you the report, we cannot issue any refund or cancel any order. As these are not ‘traditional’ products that can be returned, reports that are dispatched are considered to be ‘consumed’.
  • User license
    • The license that you should acquire depends on the number of persons that need to access the report. This can range from Single User (only one person will have the right to read or access the report), or Department License (up to 5 persons), to Site License (a group of persons based in the same company location), or Corporate License (the entire company personnel based worldwide). However, as publishers have different terms and conditions, we can look into this for you.
Purchase Reports From Reputable Market Research Publishers

Operating Room Integration Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026

  • $ 2299
  • November 2021
  • 145 pages

The global operating room integration market grew at a CAGR of around 10% during 2015-2020. Operating room (OR) integration system is equipped with surgical equipment, insufflation devices, medical printers, ...

  • World
  • Healthcare
  • Hospital
  • Industry analysis
  • Health Expenditure

Consumer Health in Uganda $ 2650 November 2021

Consumer Health in Ghana $ 2650 October 2021


ref:plp2021

Reportlinker.com © Copyright 2021. All rights reserved.

ReportLinker simplifies how Analysts and Decision Makers get industry data for their business.

Make sure you don’t miss any news and follow us on