Therapeutic Bed Market Size, Share, Opportunities, And Trends By Product (Clinical Beds (Regular Beds, ICU Beds, Pediatric Beds, Birthing Beds, Others), Household Beds, Accessories), By Application (Acute Care Beds, Critical Care Beds, Long-term Beds), By End-Use (Hospital & Clinics, Reproductive Care Centers, Others), And By Geography - Forecasts From 2023 To 2028

The therapeutic bed market is anticipated to grow at a steady pace throughout the forecast period. A therapeutic bed is a type of bed specifically designed to provide various health benefits and improve the quality of sleep for individuals with specific medical conditions or physical challenges. Various advantages associated with therapeutic beds along with the increasing prevalence of chronic diseases and the aging population is expected to propel the therapeutic bed market. Moreover, the growing awareness of sleep disorders and emphasis on pressure ulcer prevention is further expected to boost the therapeutic bed market. 

Various Beneficial of Therapeutic Beds

Therapeutic beds offer a wide range of benefits for patients with various medical conditions, elderly individuals, and those in need of specialized care which is expected to boost the therapeutic bed market. For example, therapeutic beds are designed to provide optimal comfort, allowing patients to rest and sleep more comfortably. The adjustable features, such as height adjustments and customizable positioning, enable patients to find the most comfortable and supportive position for their specific needs. Therapeutic beds can cater to various medical conditions and specific needs. For example, patients with respiratory issues may benefit from elevating the head to improve breathing, while individuals with circulation problems may benefit from elevating the feet. 

Increasing Prevalence of Chronic Diseases

The rising prevalence of chronic diseases, such as diabetes, cardiovascular diseases, and respiratory disorders, has led to a larger number of patients with specific medical needs thereby propelling the therapeutic bed market. For instance, roughly 10 million deaths, or roughly one in six deaths, were caused by cancer in 2020, making it the top cause of death globally according to the WHO. Moreover, around 422 million people are living worldwide with diabetes and the prevalence rate increased by 3% between 2000 and 2019 according to the WHO. For patients with chronic conditions transitioning from a hospital to a homecare setting, therapeutic beds provide continuity of care.

Aging Population

Older adults often require more specialized care and support, making therapeutic beds crucial in providing a comfortable and safe environment for aging individuals. As the global population continues to age, there is a higher demand for healthcare services and products catering to the elderly thereby boosting the therapeutic bed market. For instance, the percentage of people aged over 60 years globally is expected to rise from 12% in 2015 to 22% by 2050, indicating a substantial increase in the elderly population. Moreover, according to the World Health Organization (WHO) report, life expectancy has seen a significant increase, rising from 66.8 years in 2000 to 73.3 years in 2019.

Growing Awareness of Sleep Disorders

There is a growing awareness of the value of restful sleep and how it affects general health. Various programs and awareness initiatives are therefore expected to bolster the therapeutic bed market. For example, National Sleep Awareness Week is organized every year in March by National Sleep Foundation (USA) to reemphasize the important connection between sleep and health. National Sleep Foundation also publishes Sleep Health Journal to explore the social science perspective on sleep and health. The Ace School of Sleep Medicine is a prestigious educational institution that offers courses to give participants a thorough and practical understanding of sleep disorders, covering topics such as the underlying mechanisms, clinical manifestations, and effective management strategies for these conditions.

Emphasis on Pressure Ulcer Prevention

Pressure ulcers (bedsores) are a significant concern for immobile patients. Therapeutic beds with pressure-relieving features and specialized mattresses are critical in preventing the development of these painful and potentially dangerous sores. According to the 3M, around 2.5 million US people develop pressure injuries every year. Therefore, the huge pressure ulcer condition is expected to aid the therapeutic bed market size. Moreover, the Perioperative Pressure Ulcer Program is being run by American Academy of Nursing to reduce the incidence of pressure ulcers thorugh aggressive prevention methods. 

Restraints in the Market

The therapeutic bed market has experienced growth and development however some restraints or challenges can impact its expansion. For example, therapeutic beds can be relatively expensive compared to traditional beds. The high cost of these specialized beds can be a significant barrier for smaller healthcare facilities. Moreover, some therapeutic beds, particularly those with advanced features and electronic controls may require more complex setup and regular maintenance. This could lead to additional costs and time investments for healthcare facilities. Additionally, certain patients can have particular requirements that are not completely met by conventional designs. Their applicability for some people may be hampered by the absence of highly configurable features.

North America is Expected to Grow Significantly

North America is expected to hold a significant share of the therapeutic bed market during the forecast period. The factors attributed to such a share are increasing chronic diseases, a rising elderly population, technological advancements, growing awareness of sleep disorders, and government support. For instance, CDC awarded a 3-year grant in 2021 to the American Academy of Sleep Medicine to expand education and awareness of sleep apnea. Moreover, the prevalence of diabetes increased significantly in the past decade and affected around 37.3 million US population as per the CDC report which is also driving the therapeutic bed market.

Major Market Players

• Stryker is headquartered in Kalamazoo, Michigan, USA, and is one of the leading manufacturers of medical devices and equipment, including therapeutic beds. In February 2023, it launched the SmartMedic platform that enhances existing ICU bed capabilities at hospitals. 
• Invacare is headquartered in the USA and serves customers and healthcare providers worldwide. Invacare is known for its line of Invacare® homecare beds, which are designed to provide comfort and support to individuals who need long-term care at home or in healthcare facilities.
• Medline offers an extensive product portfolio that includes medical and surgical supplies, personal care products, medical textiles, wound care products, incontinence care items, durable medical equipment, beds, and more. It offers Empresa Series Floor Bed, MedLite Homecare Hospital beds, and Medline basic homecare beds. 

Key Market Developments

• In August 2022, Therapy Brands announced the expansion of the Procentive bed management module to manage and track stays for clients through HER solution. It will indicate status, special needs, or medication which will enable quick upgradation of bed status. 
• In January 2022, The Sleep Company launched Elev8 Smart Adjustable Bed Frame and Smart Ortho Hybrid Pocketed Spring Mattress to uplift the sleep and comfort experience. It is equipped with zero gravity mode to provide balanced body comfort and an anti-snore posture. 

Segmentation:

• By Product
  • Clinical Beds
    • Regular Beds
    • ICU Beds
    • Pediatric Beds
    • Birthing Beds
    • Others
  • Household Beds
  • Accessories
• By Application
  • Acute Care Beds
  • Critical Care Beds
  • Long-term Beds
• By End-Use
  • Hospital & Clinics
  • Reproductive Care Centers
  • Others
• By Geography
  • North America
    • United States
    • Canada
    • Mexico
  • South America
    • Brazil
    • Argentina
    • Others
  • Europe
    • United Kingdom
    • Germany
    • France
    • Spain
    • Others
  • The Middle East and Africa
    • Saudi Arabia
    • UAE
    • Israel
    • Others
  • Asia Pacific
    • Japan
    • China
    • India
    • South Korea
    • Indonesia
    • Thailand
    • Others

1.  INTRODUCTION

1.1. Market Overview

1.2. Market Definition

1.3. Scope of the Study

1.4. Market Segmentation

1.5. Currency

1.6. Assumptions

1.7. Base, and Forecast Years Timeline

2. RESEARCH METHODOLOGY  

2.1. Research Data

2.2. Assumptions

3. EXECUTIVE SUMMARY

3.1. Research Highlights

4. MARKET DYNAMICS

4.1. Market Drivers

4.2. Market Restraints

4.3. Porter’s Five Force Analysis

4.3.1. Bargaining Power of Suppliers

4.3.2. Bargaining Power of Buyers

4.3.3. Threat of New Entrants

4.3.4. Threat of Substitutes

4.3.5. Competitive Rivalry in the Industry

4.4. Industry Value Chain Analysis

5. THERAPEUTIC BED MARKET, BY PRODUCT

5.1. Introduction

5.2. Clinical Beds

5.2.1. Regular Beds

5.2.2. ICU Beds

5.2.3. Pediatric Beds

5.2.4. Birthing Beds

5.2.5. Others

5.3. Household Beds

5.4. Accessories

6. THERAPEUTIC BED MARKET, BY APPLICATION 

6.1. Introduction

6.2. Acute Care Beds

6.3. Critical Care Beds

6.4. Long-term Beds

7. THERAPEUTIC BED MARKET, BY END-USE

7.1. Introduction

7.2. Hospital & Clinics

7.3. Reproductive Care Centers

7.4. Others

8. THERAPEUTIC BED MARKET, BY GEOGRAPHY

8.1. Introduction

8.2. North America

8.2.1. United States

8.2.2. Canada

8.2.3. Mexico

8.3. South America

8.3.1. Brazil

8.3.2. Argentina

8.3.3. Others

8.4. Europe

8.4.1. United Kingdom

8.4.2. Germany

8.4.3. France

8.4.4. Spain

8.4.5. Others

8.5. The Middle East and Africa

8.5.1. Saudi Arabia

8.5.2. UAE

8.5.3. Israel

8.5.4. Others

8.6. Asia Pacific

8.6.1. Japan

8.6.2. China

8.6.3. India

8.6.4. South Korea

8.6.5. Indonesia

8.6.6. Thailand

8.6.7. Others

9. COMPETITIVE ENVIRONMENT AND ANALYSIS

9.1. Major Players and Strategy Analysis

9.2. Emerging Players and Market Lucrativeness

9.3. Mergers, Acquisitions, Agreements, and Collaborations

9.4. Vendor Competitiveness Matrix

10. COMPANY PROFILES

10.1. Hill Rom, Inc. (Baxter)

10.2. Stryker Corporation

10.3. Invacare Corporation

10.4. Medline Industries

10.5. Medical Depot Inc.

10.6. GF Health Products, Inc.

10.7. Arjo

10.8. Amico Group of Companies

10.9. Bakare Beds Ltd.

Hill Rom, Inc. (Baxter)

Stryker Corporation

Invacare Corporation

Medline Industries

Medical Depot Inc.

GF Health Products, Inc.

Arjo

Amico Group of Companies

Bakare Beds Ltd.