Overview
The global smart hospital beds market reached US$ 4.2 billion in 2023 and is expected to reach US$ 6.91 billion by 2031, growing at a CAGR of 6.4% during the forecast period 2024-2031.
Smart hospital beds are advanced, technology-driven beds designed to enhance patient care and optimize hospital operations. They feature adjustable positioning, automated monitoring systems, and sensors to track vital signs, movement, and pressure points. These beds provide real-time data to healthcare providers, enabling more accurate interventions. They enhance patient comfort and safety by enabling automatic height adjustment, pressure relief, and fall detection. They are particularly useful in ICUs, postoperative care, and long-term healthcare settings. With the growing adoption of IoT and AI technologies, smart hospital beds are becoming a crucial part of modern hospitals.
Executive Summary
Market Dynamics: Drivers & Restraints
Rise in the Technological Advancements
The global smart hospital beds market is thriving due to the integration of IoT, AI, and advanced sensors. These technologies enable real-time monitoring of vital signs, movement, and pressure points, enabling healthcare providers to respond quickly to patient needs and improve outcomes. AI-driven analytics predict patient deterioration, while IoT-enabled connectivity enhances workflow efficiency. Features like automated height adjustment, fall detection, and pressure redistribution improve patient comfort and safety, while reducing caregiver burden. Wireless technology advancements like Bluetooth and Wi-Fi enable remote monitoring and telehealth applications. These innovations are transforming hospital beds into intelligent healthcare tools, paving the way for more efficient, patient-centered healthcare systems.
For instance, in June 2023 Baxter International has launched its Hillrom Progressa+ bed for the ICU in the US. The bed offers new technology and features that make it easier for nurses to care for patients and support patient recovery. The Progressa+ is designed for critical care environments where patient needs are high and clinical staff are stretched thin. The bed addresses challenges such as reducing strain on nursing resources, reducing pressure injury risk, and simplifying patient positioning. The Hillrom Progressa+ is a "true ICU bed" designed to make care easier for ICU care teams.
High Cost of Hospital Beds
Smart hospitals beds offer numerous benefits in the healthcare sector, but they are expensive compared to other hospital beds. For example, a Hill-Rom smart bed costs over USD 16,000, while ordinary hospital beds are available for between USD 1000 to USD 8000. This leads to higher adoption of ordinary beds. Emerging economies, such as Asia-Pacific, Middle East, Africa, and Latin America, have low awareness of smart beds and their advantages. High maintenance costs, lack of skilled nursing staff, and strict infrastructure budgets discourage hospitals from investing in smart beds. These factors are expected to restrain healthcare smart bed market growth.
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Segment Analysis
The global smart hospital beds market is segmented based on product type, technology, application, end user and region.
Product type:
Electric Beds segment is expected to dominate the smart hospital beds market share
The electric beds segment holds a major portion of the smart hospital beds market share and is expected to continue to hold a significant portion of the smart hospital beds market share during the forecast period.
Electric beds are a key component in the global smart hospital beds market, offering advanced features that improve patient care, safety, and comfort. These beds have motorized controls for height, head, and foot adjustments, making them ideal for critical care units, postoperative care, and patients with mobility limitations. They also integrate smart technologies like IoT and sensors, enabling real-time monitoring of vital signs and patient movement, preventing complications like pressure ulcers and detecting potential falls. Remote control options and programmable settings streamline care for healthcare providers, allowing them to focus on other critical tasks. As hospitals adopt technology-driven solutions, electric beds are essential in modern medical facilities, driving demand in both developed and emerging markets.
For instance, in April 2023, Sleep Number Corporation has introduced its next-generation Sleep Number smart beds and Lifestyle Furniture, designed to help sleepers achieve optimal rest and reach their full potential at every life stage, sold separately but most effective when combined.
End User:
Hospitals segment is the fastest-growing segment in smart hospital beds market share
The hospitals segment is the fastest-growing segment in the smart hospital beds market share and is expected to hold the market share over the forecast period.
Hospitals are driving the global smart hospital beds market growth, as they are the primary end-users of these advanced solutions. They are adopting smart beds to improve patient outcomes and operational efficiency, streamline workflows, and optimize resource utilization. These beds support critical care, ICUs, and postoperative recovery by providing real-time monitoring of patient vitals, fall detection, and pressure redistribution to prevent complications. The integration of smart beds with electronic health records (EHR) and hospital management systems enables seamless data sharing and reduces manual interventions. The scalability of these systems supports better patient tracking and resource allocation during high-demand situations like pandemics or natural disasters. As hospitals aim to meet the growing needs of aging populations and chronic disease management, smart beds equipped with advanced technologies like IoT and AI are becoming essential.
Geographical Analysis
North America is expected to hold a significant position in the smart hospital beds market share
North America holds a substantial position in the smart hospital beds market and is expected to hold most of the market share due to its advanced healthcare infrastructure, high adoption of cutting-edge technologies, and growing focus on patient-centered care. The region's significant healthcare spending and government initiatives encourage IoT-enabled smart beds adoption. The increasing prevalence of chronic diseases, aging population, and demand for home healthcare solutions contribute to market growth. Leading manufacturers and ongoing research investments fuel innovation, and the integration of smart beds with hospital management systems aligns with the region's push for tech-driven healthcare services.
For instance, in February 2024, Artisight, Inc., a Smart Hospital Platform utilizing artificial intelligence, has announced a systemwide expansion of its collaboration with WellSpan Health. The new program will extend remote nursing, observation, and AI services to over 1,000 beds across the WellSpan Health system.
Europe is growing at the fastest pace in the smart hospital beds market
Europe holds the fastest pace in the smart hospital beds market and is expected to hold most of the market share due to its focus on improving healthcare quality, patient safety, and operational efficiency. The aging population in Europe demands advanced patient care solutions, including fall prevention and pressure ulcer management technologies. Government-funded healthcare systems and policies supporting digital transformation boost adoption. Europe's emphasis on sustainability and eco-friendly innovations promotes energy-efficient smart beds. Established healthcare technology providers and collaborations between hospitals and tech companies accelerate smart bed deployment in the UK, and France.
Moreover, Germany is leading the regional market growth in healthcare services, particularly during the COVID-19 pandemic. Patients' expectations for safety and quality have increased, leading hospitals to focus on digitalization and smart technologies like smart beds. The popularity of smart hospitals in Germany is expected to drive demand for smart healthcare beds in the coming years.
Competitive Landscape
The major global players in the smart hospital beds market includeBaxter International, Inc, Stryker Corporation, LINET Group SE, Arjo,Amico Group of Companies, Malvestio Spa, Joerns Healthcare LLC,Paramount Bed Holdings Co., Ltd, Favero Health Projects Spa, Umano Medical and among others.
Emerging Players
The emerging players in the smart hospital beds market include Joerns Healthcare, LLC, Howard Wright Limited, Famed Zywiec Sp. z o.o. and among others
Report Insights
| Metrics | Details | |
| CAGR | 12.8% | |
| Market Size Available for Years | 2022-2031 | |
| Estimation Forecast Period | 2024-2031 | |
| Revenue Units | Value (US$ Mn) | |
| Segments Covered | Product type | Electric Beds, Manual Beds, Semi-Electric Beds |
| Technology | Bluetooth Technology, Wi-Fi Technology, Infrared Technology, Other IoT-enabled technologies | |
| Application | Patient Monitoring, Emergency Care, ICU/CCU Care, Postoperative Care, Chronic Care | |
| End User | Hospitals, Nursing Homes, Home Care Settings, Others | |
| Regions Covered | North America, Europe, Asia-Pacific, South America, and Middle East & Africa | |
Key Developments
- In February 2023, Stryker, a leading medical technology company, has launched the SmartMedic platform at the 29th Annual Conference of the Indian Society of Critical Care Medicine in Indore. The platform enhances ICU bed capabilities by managing patient weight, monitoring nurse station turns, and enabling medical staff to perform X-rays without moving patients. It aims to reduce patient discomfort and provide enhanced care while hospitalized at all acuity levels. The first-of-its-kind platform can wirelessly link to nurse call systems, increasing productivity and efficiency, potentially reducing hospital expenses.
Why Purchase the Report?
- Pipeline & Innovations: Reviews ongoing clinical trials, product pipelines, and forecasts upcoming advancements in medical devices and pharmaceuticals.
- Product Performance & Market Positioning: Analyzes product performance, market positioning, and growth potential to optimize strategies.
- Real-World Evidence: Integrates patient feedback and data into product development for improved outcomes.
- Physician Preferences & Health System Impact: Examines healthcare provider behaviors and the impact of health system mergers on adoption strategies.
- Market Updates & Industry Changes: Covers recent regulatory changes, new policies, and emerging technologies.
- Competitive Strategies: Analyzes competitor strategies, market share, and emerging players.
- Pricing & Market Access: Reviews pricing models, reimbursement trends, and market access strategies.
- Market Entry & Expansion: Identifies optimal strategies for entering new markets and partnerships.
- Regional Growth & Investment: Highlights high-growth regions and investment opportunities.
- Supply Chain Optimization: Assesses supply chain risks and distribution strategies for efficient product delivery.
- Sustainability & Regulatory Impact: Focuses on eco-friendly practices and evolving regulations in healthcare.
- Post-market Surveillance: Uses post-market data to enhance product safety and access.
- Pharmacoeconomics & Value-Based Pricing: Analyzes the shift to value-based pricing and data-driven decision-making in R&D.
The global smart hospital beds market report delivers a detailed analysis with 60+ key tables, more than 50 visually impactful figures, and 176 pages of expert insights, providing a complete view of the market landscape.
Target Audience 2023
- Manufacturers: Pharmaceutical, Medical Device, Biotech Companies, Contract Manufacturers, Distributors, Hospitals.
- Regulatory & Policy: Compliance Officers, Government, Health Economists, Market Access Specialists.
- Technology & Innovation: AI/Robotics Providers, R&D Professionals, Clinical Trial Managers, Pharmacovigilance Experts.
- Investors: Healthcare Investors, Venture Fund Investors, Pharma Marketing & Sales.
- Consulting & Advisory: Healthcare Consultants, Industry Associations, Analysts.
- Supply Chain: Distribution and Supply Chain Managers.
- Consumers & Advocacy: Patients, Advocacy Groups, Insurance Companies.
- Academic & Research: Academic Institutions.
