Hospital Beds Market Size, Growth, Global Trends, Forecast 2034

Hospital Beds Industry Perspective:

The global hospital beds market size was worth around USD 4.58 billion in 2024 and is predicted to grow to around USD 7.83 billion by 2034, with a compound annual growth rate (CAGR) of roughly 5.50% between 2025 and 2034.

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Key Insights:

• As per the analysis shared by our research analyst, the global hospital beds market is estimated to grow annually at a CAGR of around 5.50% over the forecast period (2025-2034)
• In terms of revenue, the global hospital beds market size was valued at around USD 4.58 billion in 2024 and is projected to reach USD 7.83 billion by 2034.
• The hospital beds market is projected to grow at a significant rate due to the growing prevalence of diseases worldwide.
• Based on the product, the beds segment is growing at a high rate and will continue to dominate the global market as per industry projections.
• Based on the healthcare facility, the critical care units segment is anticipated to command the largest market share.
• Based on region, North America is projected to dominate the global market during the forecast period.

Hospital Beds Market: Overview

Hospital beds are specially designed beds used in healthcare facilities, offering greater comfort to the patients and meeting their medical requirements. Modern hospital beds are equipped with several features that deliver enhanced safety and comfort to the patients. They also assist healthcare professionals in performing their duties while providing care. Additionally, healthcare beds are utilized in various settings, including nursing homes, outpatient clinics, assisted living facilities, and home healthcare settings. The common features of hospital beds include adjustable head & foot sections, adjustable height, electronic controls for bed adjustments, and side rails. Specialist hospital beds are customized for patients with specific injuries or medical conditions. Common examples of these beds include turning beds, specific beds, and legacy beds. They are widely popular for patients suffering from spinal injuries.

Most hospital beds are installed with wheels, facilitating easy movement across rooms. The global demand for hospital beds is expected to continue growing with the rising prevalence of medical diseases. The growing expansion of existing healthcare facilities and the construction of new units will ultimately lead to increased market revenue in the long run. The market will be affected by the risks posed by hospital beds and the high cost of advanced designs.

Hospital Beds Market Dynamics

Growth Drivers

Will the growing prevalence of diseases worldwide drive the market hospital beds demand rate?

The global hospital beds market is expected to grow due to the rising prevalence of medical conditions across the globe. The increasing number of cases of chronic illnesses, along with minor illnesses, has led to a rise in demand for healthcare facilities, driving investments in hospital beds. Some of the chronic conditions and serious injuries require long-term care, where the patient has to be continuously monitored by medical professionals. Furthermore, growing cases of surgical intervention followed by extensive post-operative care create demand for hospital beds.

Rising expansion of existing facilities and construction of new healthcare centers to promote market revenue

The existing healthcare industry is under extreme pressure to meet the growing medical demands of patients. According to the Organization for Economic Co-operation and Development (OECD), the European Union is facing a health workforce deficit. As per official estimates, the region had a shortage of around 1.2 million medical professionals as of 2022. Similar statistics are observed around the globe as patient rate continues to rise exponentially, but a lack of access to experienced medical professionals remains a concern. These numbers indicate an encouraging increase in investments for the expansion of existing healthcare facilities and the construction of new centers to meet patient needs.

For July 2025, Lee Health, a nonprofit healthcare system in Southwest Florida, US, announced its plans to expand its plans for the organization’s new Fort Myers medical campus. The community‑focused healthcare system has approved an additional investment of USD 150.5 million to improve the new facility and include an on-site childcare center along with a new patient tower.

Furthermore, in June 2025, Abuja, Nigeria, witnessed the inauguration of a new hospital developed by King’s College Hospital NHS Foundation Trust in partnership with the African Export‑Import Bank and The Christie NHS Foundation Trust. Such advancements are expected to contribute to the growth of the global hospital beds market during the forecast period.

Restraints

High cost of advanced beds to affect market revenue in the long run

The global hospital beds industry is projected to be restricted due to the high cost of modern beds. For instance, the average cost of a basic manual bed can range between USD 600 and USD 1000. However, modern beds with electric features can cost more than USD 3000. The final expense associated with hospital bed procurement may increase in cases involving advanced electric hospital beds or specialized solutions. In addition, a lack of sufficient repair and maintenance infrastructure may further impact market demand in the coming years.

Opportunities

How does the growing introduction of new beds generate growth opportunities for the hospital beds industry?

The global hospital beds market is expected to generate growth opportunities due to the rising introduction of new beds in the market. For instance, in February 2025, Stryker, a leading provider of medical technologies, launched the ProCeed hospital bed across regions. The new solution is designed to meet the evolving demands of healthcare and support clinicians with cleanable, high-quality hospital beds. The prominent features of ProCeed beds include low bed height, reduced risk of injury due to falls, and support for patients’ mobility. The bed is also equipped with a fifth wheel situated at the center of the bed to reduce start-push force intensity. In the same month, Agiliti, another leading producer of medical device solutions in the US, launched Essentia. It is a multi-acuity and versatile bed frame designed for different types of patient requirements across healthcare facilities.

Essentia offers a first-of-its-kind SlideRail, which reduces risk to caregivers. Some of the prominent features in advanced hospital beds include motorized and 100% electric controls, integration of smart technology, state-of-the-art nurse call & communication systems, and improved safety features. Furthermore, medical condition-specific hospital beds are also experiencing higher growth momentum and are likely to contribute to further industry growth during the forecast period.

Challenges

Do bed shortages in emerging markets and risks associated with the equipment challenge the hospital beds market growth?

The global hospital beds market is expected to be challenged by rising concerns over bed shortages in emerging markets and countries impacted by social-political turmoil. In addition to this, safety risks associated with hospital beds may also impede market expansion in the long run. According to industry research, hospital beds can cause spinal deformities if the patient frequently sits up and slides down the bed.

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Hospital Beds Market : Report Scope

Hospital Beds Market: Segmentation

The global hospital beds market is segmented based on product, type of care, healthcare facility, and region.

Based on the product, the global market segments are beds and accessories. In 2024, around 87% of the global revenue was listed in the beds segment, as they are a critical piece of equipment in a healthcare facility. The segmental growth rate is a result of increased government and private investments in the expansion of the healthcare sector. Rising development of advanced hospital beds will facilitate greater revenue in the segment during the projection period.

Based on the type of care, the global hospital beds industry is divided into rehabilitative care, long-term care, and curative care.

Based on the healthcare facility, the global market divisions are maternal care units, pediatric care units, med-surg care units, long-term care units, critical care units, home care settings, bariatric care settings, and others. In 2024, approximately 31% of the total revenue was attributed to critical care units, driven by the growing demand for Intensive Care Units (ICUs). The rising number of medical patients with life-threatening conditions will fuel the segmental demand rate in the future. The long-term care units segment is expected to emerge as the second-highest revenue-generating segment in the future.

Hospital Beds Market: Regional Analysis

What factors will aid North America to take the lead in the hospital beds market?

The global hospital beds market will be led by North America during the projection period. In 2024, the region accounted for nearly 35.05% of the global revenue. The US and Canada have exceptional healthcare infrastructure. Regional hospitals are equipped with the latest technologies and equipment, including hospital beds. Additionally, stringent regulatory guidelines governing healthcare facilities and patient comfort facilitate increased demand for advanced hospital beds. In recent times, North America has witnessed increased investments in the expansion of the healthcare system, which will fuel regional revenue in the coming years.

According to the latest findings, the Ontario government in Canada has begun the construction of the new Campbellford Memorial Hospital following the introduction of the 2025 Ontario Budget: A Plan to Protect Ontario. The government plans to invest CAD 60 billion to develop 50 hospitals in Ontario in the coming years. Furthermore, the region also has a higher demand for hospital beds installed in nursing care centers or assisted living facilities. Rising demand for home-based medical care will be critical to the region’s overall growth rate in the coming years.

Hospital Beds Market: Competitive Analysis

The global hospital beds market is led by players like:

• Invacare Corporation
• Baxter International (includes Hill‑Rom)
• Paramount Bed Co. Ltd.
• Drive DeVilbiss Healthcare
• Lojer Group
• Stryker Corporation
• Medline Industries Inc.
• Stiegelmeyer GmbH & Co. KG
• Malvestio S.p.A.
• SonderCare
• LINET Group SE
• Midmark Corporation
• Arjo
• Joerns Healthcare LLC
• Gendron Inc.

The global hospital beds market is segmented as follows:

By Product

• Beds
• Accessories

By Type of Care

• Rehabilitative Care
• Long-Term Care
• Curative Care

By Healthcare Facility

• Maternal Care Units
• Pediatric Care Units
• Med-Surg Care Units
• Long-Term Care Units
• Critical Care Units
• Home Care Settings
• Bariatric Care Settings
• Others

By Region

• North America
  • The U.S.
  • Canada
• Europe
  • France 
  • The UK
  • Spain
  • Germany
  • Italy
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Southeast Asia
  • Rest of Asia Pacific
• Latin America
  • Brazil
  • Mexico
  • Rest of Latin America
• Middle East & Africa
  • GCC
  • South Africa
  • Rest of Middle East & Africa