The Europe Healthcare Smart Beds Market would witness market growth of 8.4% CAGR during the forecast period (2021-2027).
The growing popularity of smart beds among consumers is anticipated to boost the demand for the healthcare smart beds market. People are evolving their lifestyles and are demanding unique products integrated with AI and advanced technology. Customers have also become conscious about their health which has a positive impact on the growth of the healthcare smart beds market. Companies are also excessively spending on the development of healthcare smart beds with various innovative features like a thermostat, blood pressure measuring device, air pressure, and other devices that are offering lucrative opportunities for the healthcare smart bed market.
Europe is witnessing a rise in the aging population, the increasing prevalence of chronic diseases and the unveiling of technologically advanced beds, thereby opening new growth avenues for the regional market. The rising demand for smart beds for long-term care, the launch of IoT integrated smart beds & robotic beds are contributing towards surging the growth of the healthcare smart beds market in this region. On contrary, fewer hospitals & smart hospital beds in various nations of Europe and a growing preference for minimally invasive surgeries are some of the factors that are responsible for the decline in the growth of the healthcare smart beds market in this region.
Moreover, the availability and rising demand for advanced technology are some of the key trends in the market. Thus, various hospitals in Europe are adopting flexible and latest models and avoiding conventional hospital-centric models to tackle such clashing scenarios. Hospitals are now largely spending money on smart technologies for the precise treatment of patients which will help in speeding up the medical treatment and further recovery of the patient. These emerging trends are anticipated to bolster the growth of the healthcare smart beds market during the forecast period.
Though, it is anticipated that the rise in demand for technological-driven devices that provide significant data related to health will fuel the adoption rate of healthcare smart beds in the upcoming years. Smart beds integrate improved features along with innovation that helps in offering comfortable adjustments during connectivity and sleep. These features comprise smart home connectivity, tracking of sleep, atmosphere control, smart fabric innovation, movable bases, tracking of sleep, IoT, and programmed bedding firmness adjustment. Hence, the developments in smart hospital beds are offering lucrative opportunities for the market vendors and it is expected that the growth of healthcare smart beds will increase in the upcoming years.
The Germany market dominated the Europe Outpatient Clinics Market by Country in 2020, thereby, achieving a market value of $8.1 Million by 2027. The UK market is exhibiting a CAGR of 7.9% during (2021 - 2027). Additionally, The France market is poised to witness a CAGR of 10.4% during (2021 - 2027).
Based on Application, the market is segmented into Hospitals, Outpatient Clinics, Medical Nursing Homes and Medical Laboratory and Research. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
Free Valuable Insights: The Global Healthcare Smart Beds Market Size will Hit $880.9 Million by 2027, at a CAGR of 8.8%
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.
Scope of the Study
Market Segments Covered in the Report:
By Application
- Hospitals
- Outpatient Clinics
- Medical Nursing Homes
- Medical Laboratory and Research
By Country
- Germany
- UK
- France
- Russia
- Spain
- Italy
- Rest of Europe
Key Market Players
List of Companies Profiled in the Report:
- 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
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Europe Healthcare Smart Beds Market, by Application
1.4.2 Europe Healthcare Smart Beds Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 COVID-19 impact
2.1.1.2 Market composition and scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Europe Healthcare Smart Beds Market by Application
3.1 Europe Hospitals Market by Country
3.2 Europe Outpatient Clinics Market by Country
3.3 Europe Medical Nursing Homes Market by Country
3.4 Europe Medical Laboratory and Research Market by Country
Chapter 4. Europe Healthcare Smart Beds Market by Country
4.1 Germany Healthcare Smart Beds Market
4.1.1 Germany Healthcare Smart Beds Market by Application
4.2 UK Healthcare Smart Beds Market
4.2.1 UK Healthcare Smart Beds Market by Application
4.3 France Healthcare Smart Beds Market
4.3.1 France Healthcare Smart Beds Market by Application
4.4 Russia Healthcare Smart Beds Market
4.4.1 Russia Healthcare Smart Beds Market by Application
4.5 Spain Healthcare Smart Beds Market
4.5.1 Spain Healthcare Smart Beds Market by Application
4.6 Italy Healthcare Smart Beds Market
4.6.1 Italy Healthcare Smart Beds Market by Application
4.7 Rest of Europe Healthcare Smart Beds Market
4.7.1 Rest of Europe Healthcare Smart Beds Market by Application
Chapter 5. Company Profiles
5.1 Stryker Corporation
5.1.1 Company Overview
5.1.2 Financial Analysis
5.1.3 Segmental and Regional Analysis
5.1.4 Research & Development Expense
5.2 Hill-Rom Holdings, Inc.
5.2.3 Segmental and Regional Analysis
5.2.5 Recent strategies and developments
5.3 Invacare Corporation (Johnson & Johnson Private Limited)
5.3.3 Regional Analysis
5.4 Paramount Bed Co., Ltd. (Paramount Bed Holdings Co., Ltd.)
5.5 L I N E T spol. s r.o. (WIBO Holdings GmbH)
5.5.2 Recent strategies and developments:
5.5.2.1 Partnerships, Collaborations, and Agreements:
5.5.2.2 Product Launches and Product Expansions:
5.5.2.3 Acquisition and Mergers:
5.6 Joerns Healthcare LLC
5.6.1 Company Overview
5.6.2 Recent strategies and developments:
5.6.2.1 Product Launches and Product Expansions:
5.7 Stiegelmeyer GmbH & Co. KG (Joh. Stiegelmeyer & Co. GmbH)
5.7.1 Company Overview
5.8 Arjo AB
5.8.1 Company Overview
5.8.2 Financial Analysis
5.8.3 Regional Analysis
5.8.4 Research & Development Expenses
5.9 Völker GmbH
5.9.1 Company Overview
5.10. Favero Health Projects SpA
5.10.1 Company Overview
TABLE 1 Europe Healthcare Smart Beds Market, 2017 - 2020, USD Million
TABLE 2 Europe Healthcare Smart Beds Market, 2021 - 2027, USD Million
TABLE 3 Europe Healthcare Smart Beds Market by Application, 2017 - 2020, USD Million
TABLE 4 Europe Healthcare Smart Beds Market by Application, 2021 - 2027, USD Million
TABLE 5 Europe Hospitals Market by Country, 2017 - 2020, USD Million
TABLE 6 Europe Hospitals Market by Country, 2021 - 2027, USD Million
TABLE 7 Europe Outpatient Clinics Market by Country, 2017 - 2020, USD Million
TABLE 8 Europe Outpatient Clinics Market by Country, 2021 - 2027, USD Million
TABLE 9 Europe Medical Nursing Homes Market by Country, 2017 - 2020, USD Million
TABLE 10 Europe Medical Nursing Homes Market by Country, 2021 - 2027, USD Million
TABLE 11 Europe Medical Laboratory and Research Market by Country, 2017 - 2020, USD Million
TABLE 12 Europe Medical Laboratory and Research Market by Country, 2021 - 2027, USD Million
TABLE 13 Europe Healthcare Smart Beds Market by Country, 2017 - 2020, USD Million
TABLE 14 Europe Healthcare Smart Beds Market by Country, 2021 - 2027, USD Million
TABLE 15 Germany Healthcare Smart Beds Market, 2017 - 2020, USD Million
TABLE 16 Germany Healthcare Smart Beds Market, 2021 - 2027, USD Million
TABLE 17 Germany Healthcare Smart Beds Market by Application, 2017 - 2020, USD Million
TABLE 18 Germany Healthcare Smart Beds Market by Application, 2021 - 2027, USD Million
TABLE 19 UK Healthcare Smart Beds Market, 2017 - 2020, USD Million
TABLE 20 UK Healthcare Smart Beds Market, 2021 - 2027, USD Million
TABLE 21 UK Healthcare Smart Beds Market by Application, 2017 - 2020, USD Million
TABLE 22 UK Healthcare Smart Beds Market by Application, 2021 - 2027, USD Million
TABLE 23 France Healthcare Smart Beds Market, 2017 - 2020, USD Million
TABLE 24 France Healthcare Smart Beds Market, 2021 - 2027, USD Million
TABLE 25 France Healthcare Smart Beds Market by Application, 2017 - 2020, USD Million
TABLE 26 France Healthcare Smart Beds Market by Application, 2021 - 2027, USD Million
TABLE 27 Russia Healthcare Smart Beds Market, 2017 - 2020, USD Million
TABLE 28 Russia Healthcare Smart Beds Market, 2021 - 2027, USD Million
TABLE 29 Russia Healthcare Smart Beds Market by Application, 2017 - 2020, USD Million
TABLE 30 Russia Healthcare Smart Beds Market by Application, 2021 - 2027, USD Million
TABLE 31 Spain Healthcare Smart Beds Market, 2017 - 2020, USD Million
TABLE 32 Spain Healthcare Smart Beds Market, 2021 - 2027, USD Million
TABLE 33 Spain Healthcare Smart Beds Market by Application, 2017 - 2020, USD Million
TABLE 34 Spain Healthcare Smart Beds Market by Application, 2021 - 2027, USD Million
TABLE 35 Italy Healthcare Smart Beds Market, 2017 - 2020, USD Million
TABLE 36 Italy Healthcare Smart Beds Market, 2021 - 2027, USD Million
TABLE 37 Italy Healthcare Smart Beds Market by Application, 2017 - 2020, USD Million
TABLE 38 Italy Healthcare Smart Beds Market by Application, 2021 - 2027, USD Million
TABLE 39 Rest of Europe Healthcare Smart Beds Market, 2017 - 2020, USD Million
TABLE 40 Rest of Europe Healthcare Smart Beds Market, 2021 - 2027, USD Million
TABLE 41 Rest of Europe Healthcare Smart Beds Market by Application, 2017 - 2020, USD Million
TABLE 42 Rest of Europe Healthcare Smart Beds Market by Application, 2021 - 2027, USD Million
TABLE 47 Key Information – LINET spol. s.r.o.
TABLE 48 Key Information – Joerns Healthcare LLC
TABLE 49 Key Information – Stiegelmeyer GmbH & Co. KG
TABLE 50 Key Information – Arjo AB
TABLE 51 Key Information – Völker GmbH
TABLE 52 Key Information – Favero Health Projects SpA
List of Figures
FIG 1 Methodology for the research
FIG 2 Recent strategies and developments: Hill-Rom Holdings, Inc.
FIG 3 Recent strategies and developments: LINET spol. s.r.o.