Europe Hospital Beds Market by Product (Bed, Accessories), Technology (Manual, Powered), Type of Care (Rehabilitative, Curative, Long Term), Healthcare Facility (Pediatric, Maternal, Bariatric, Critical, Homecare, Med Surg) - Forecast to 2030

The Europe Hospital Beds Market is projected to reach $2.09 billion by 2030, at a CAGR of 4.8% from 2023 to 2030.

Hospital/medical beds are ideal for patients who face difficulty getting in or out of bed due to medical conditions. These beds are available in adjustable sizes, which makes it easier for caregivers to attend to patients. They can adapt to patients' heights and other conditions. They offer benefits such as regular repositioning to reduce stiffness and joint pain from extended bed rest and prevent pressure sores, particularly on the buttocks and heels. The adjustable foot and height sections also enable positions that may otherwise cause discomfort when using pillows or wedges. Side rails on these beds also serve as a safety measure to prevent patients from falling out.

The growth of this market is primarily driven by the increasing elderly population coupled with the growing prevalence of chronic diseases, the growing number of hospitals, and technological advances in medical beds. In addition, the development of smart and robotic beds, increasing demand for beds in homecare settings, and the growth of medical tourism are expected to provide significant opportunities for market growth.

However, the need for medical equipment technicians to service hospital beds and a lack of technical knowledge among healthcare workers regarding technologically advanced medical beds are expected to hinder the market’s growth.

The increasing Elderly Population, Coupled with the Growing Prevalence of Chronic Diseases, is Driving the Market’s Growth

The aging population is growing in most countries. The increase in the aging population is attributed to an increase in life expectancy and improvement in healthcare quality, leading to greater survival rates. As per the report published by the WHO, it is expected that by 2030, one in six people globally will be more than 60 years old. By 2050, globally, the population aged 60 and above is likely to increase to nearly 2.1 billion. As per Eurostat, nearly 21.1% of the EU population was 65 and over in 2022.

According to the European Commission, the share of non-communicable diseases (NCDs) in the total disease burden measured in Disability Adjusted Life Years (DALYs) is projected to rise from 78% in 2008 to 84% in 2030. Furthermore, according to the European Commission report, approximately four million new cancer cases were reported in Europe in 2020, and nearly 25% of global cancer cases are reported in Europe. The growing aging population in Europe is leading to an increase in the prevalence of chronic diseases. Most deaths associated with chronic diseases are attributed to cancer, cardiovascular diseases, obesity, and diabetes, which are prevalent among the aging population. This growing prevalence is expected to increase hospital admissions, boosting the demand for hospital beds and other healthcare facilities in Europe.

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Growing Medical Tourism Driving Market’s Growth

Patients are increasingly looking for more affordable options for their healthcare due to high healthcare costs. The aging population in developed countries and increasing life expectancy are the two major factors that have significantly strained national healthcare systems, thus limiting healthcare access. Therefore, patients are opting for cross-border healthcare options. Additionally, international accreditations for improving the global healthcare services standards and hospital websites dedicated to medical tourism provide patients with a choice of services worldwide.

According to the World Health Organization 2022 report, medical tourism accounted for USD 104.68 billion in 2019 and is expected to reach USD 273 billion by 2027. Additionally, in recent years, medical tourism in Spain is estimated to grow at 20% annually (Source: Medical Tourism Magazine). Also, countries like the U.K., France, Germany, and Italy have witnessed a significant rise in their medical tourism sector for advanced cosmetic, bariatric, and oncology procedures. Therefore, the increasing movement of patients to low-cost medical locations is likely to provide growth opportunities for players operating in the hospital/medical beds market in Europe.

Key Findings in the Europe Hospital Beds Market Study:

Among the products included in this report, in 2023, the beds segment is expected to account for the largest share of the Europe hospital beds market

High hospitalization rates, supportive initiatives by government organizations for improving healthcare infrastructure, and the high demand for beds from advanced healthcare facilities due to their benefits, including adjustable side rails and easy mobility, contribute to the large market share of this segment.

Among the technologies included in this report, the powered beds segment is projected to register the highest CAGR during the forecast period

The growth of this segment is attributed to the benefits powered beds offer, including proper blood circulation, reduced pressure on body parts, improved sleep quality, and increased blood flow. These beds also reduce back pain and help relieve and prevent arthritis. Additionally, powered beds can reduce the chances of injury for caregivers, mitigate long-term care burnout, and provide enhanced medical support.

Among the types of care included in this report, in 2023, the curative care segment is expected to account for the largest share of the Europe hospital beds market

The demand for curative care is high as hospital admissions for treating various conditions or injuries have increased. For instance, as per the research conducted by the British Cardiovascular Society, the number of times patients admitted to Blackpool Victoria Hospital (U.K.) with heart failure increased from 341 episodes from August 2019 to January 2020 to 415 episodes during August 2020 to January 2021, registering an increase of 22%.

Among the healthcare facilities, in 2023, the critical care units segment is expected to account for the largest share of the Europe hospital beds market

Critical care units cater to patients with immediate life-threatening conditions, requiring specialized support systems to sustain vital organ function. Factors such as the high incidence of infectious and non-infectious diseases and a significant number of fatal injuries are leading to the increasing number of ICU and CCU admissions, thereby driving the demand for beds in these critical care units.

Key Players

The report includes a competitive landscape based on an extensive assessment of the key growth strategies adopted by leading market players between 2020 and 2023. The key players profiled in the Europe medical beds market study are Stryker Corporation (U.S.), Hill-Rom Holding, Inc. (Part of Baxter International Inc.) (U.S.), Invacare Corporation (U.S.), Getinge AB (Sweden), Paramount Bed Holdings Co., Ltd. (Japan), Medline Industries, LP (U.S.), Stiegelmeyer GmbH & Co. KG (Germany), LINET Group SE (Czech Republic), Joerns Healthcare LLC. (U.S.), Drive DeVilbiss Healthcare (U.S.), Savaria Corporation (Canada), Midmark Corporation (U.S.), Amico Corporation (U.S.), Famed Zywiec Sp. z o.o. (Poland), and Malvestio Spa (A Subsidiary of Malvestio Group) (Italy).

Scope of the Report:

Europe Hospital Beds Market Assessment, by Product

• Beds
• Accessories

Europe Hospital Beds Market Assessment, by Technology

• Powered Beds
  • Electric Beds
  • Semi-electric Beds
• Manual Beds
• Smart Beds

Europe Hospital Beds Market Assessment, by Type of Care

• Curative Care
• Long-term Care
• Rehabilitative Care

Europe Hospital Beds Market Assessment, by Healthcare Facility

• Critical Care Units
• Bariatric Care Units
• Long-term Care Units
• Homecare Settings
• Med-surg Care Units
• Pediatric Care Units
• Maternal Care Units

Europe Hospital Beds Market Assessment, by Geography

• Germany
• France
• U.K.
• Italy
• Spain
• Switzerland
• Malta
• Turkey
• Netherlands
• Hungary
• Rest of Europe

Key questions answered in the report: