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Hospital Bed Manufacturing: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Hospital Bed Manufacturing Market Research Report | NAICS OD4104 | Jun 2016

Laid up: Innovations in hospital beds and favorable demographics will support revenue

IBISWorld’s Hospital Bed Manufacturing market research report can be used to help you: understand market size and growth potential; major companies; draft business plans and pitch books; and conduct benchmarking and SWOT analysis. Our industry analysis highlights macro industry trends in the overall sector and micro trends faced by companies that do business in the industry. The industry report also provides key industry statistics and 5-year forecasts to anticipate future industry prospects so you can decide with confidence.

Report Snapshot
Market Share of Companies
Industry Statistics & Market Size
Revenue
$1bn
Annual Growth 11-16
0.7%
Annual Growth 16-21
Annual Growth
Profit
Profit
Employment
3,532
Businesses
214
Industry Threats & Opportunities
  • New technologies and the aging population will sustain demand for hospital beds
  • The regulatory environment has constrained industry revenue growth
  • The industry is expected to grow, driven by many elderly individuals requiring hospital beds for at-home care
  • ... purchase to read more

Industry Analysis & Industry Trends

The aging population will drive demand for hospital beds, as more people require industry products for their medical care, including at-home medical care. Furthermore, manufacturers will introduce new products with the latest technologies, such as integrated scales and vital signs monitors, to stimulate demand. Therefore, the Hospital Bed Manufacturing industry's revenue will continue to grow, in line with consistent demand, new innovations and an aging population... ... purchase to read more

Industry Report - Industry SWOT Analysis Chapter

The Hospital Bed Manufacturing industry is in the mature phase of its life cycle. During the 10 years to 2021, industry value added (IVA), which measures an industry's contribution to the overall economy, is expected to grow at an annualized rate of 0.7%. Comparatively, GDP is anticipated to rise at an average annual rate of 2.1% over the 10-year period. Overall, the industry is characterized by being in the mature life cycle stage, which can be attributed to the well established nature of industry products.

For example, industry operators have primarily derived growth from product innovation, such as technologies that help healthcare providers access more clinical data. Moreover, the industry is consolidating, which is indicative of an industry in the mature life cycle stage. Dur.. ... purchase to read more

Additional Insights for the Hospital Bed Manufacturing Industry

IBISWorld identifies 250 Key Success Factors for a business.The most important for the Hospital Bed Manufacturing Industry are

  • Quickly adopting new technologies
  • Close monitoring of competition
  • Firm globalization
  • IBISWorld analysts also discuss how external factors such as Number of physician visits and Trade-weighted index in the Hospital Bed Manufacturing industry impact industry performance... purchase to read more

     


    Industry ProductsRelated Reports

    What is the Hospital Bed Manufacturing Industry?

    This industry manufactures beds and other specialized furniture for use in hospital or clinical settings.

    Industry Products
    Manual Manual adjustable Electric Semi-electric for critical access hospitals Semi-electric for non-short stay hospitals Semi-electric for psychiatric hospitalsSemi-electric for rehabilitation hospitalsSemi-electric for other hospitals
     
    Industry Activities
    Manufacturing hospital beds and other specialized hospital furnitureResearching and developing hospital beds and other specialized hospital furnitureMarketing hospital beds and other specialized hospital furniture


    Table of Contents
    About this Industry
    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry at a Glance
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Industry Performance
    Executive Summary
    Key External Drivers
  • Number of physician visits
  • Trade-weighted index
  • Number of adults aged 65 and older
  • Number of people with private health insurance
  • Total health expenditure
  • World price of aluminum
  • Current Performance
  • Hospital consolidation
  • Regulation and technology
  • International trade
  • Chart: Revenue Growth
  • Industry Outlook
  • Technology improvements
  • International trade and industry landscape
  • Table: Hospital Bed Manufacturing Industry Revenue Outlook
  • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Hospital Bed Manufacturing Industry Lifecycle vs The Economy
  • Products & Markets
    Supply Chains
  • Key Buying Industries
  • Healthcare and Social Assistance
  • Consumers
  • Key Selling Industries
  • Aluminum Manufacturing
  • Mattress Manufacturing
  • Medical Device Manufacturing
  • Urethane Foam Manufacturing
  • Products & Services
  • Semi-electric for psychiatric hospitals
  • Semi-electric for rehabilitation hospitals
  • Semi-electric for other hospitals
  • Manual adjustable
  • Semi-electric for non-short stay hospitals
  • Semi-electric for critical access hospitals
  • Manual
  • Electric
  • Chart: Hospital Bed Manufacturing Industry Products and Services Segmentation
  • Demand Determinants
    Major Markets
  • Psychiatric hospitals
  • Rehabilitation hospitals
  • Swing bed units
  • Nonshort stay hospitals
  • Exports
  • Critical access hospitals
  • Chart: Major Market Segmentation for the Hospital Bed Manufacturing Industry
  • International Trade
    Business Locations
  • Chart: Business Locations by State
  • Competitive Landscape
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
  • Chart: Cost Structure Benchmarking – Sector vs Hospital Bed Manufacturing
  • Basis of Competition
  • Internal competition
  • External competition
  • Barriers to Entry
  • Table: Barrier to Entry Checklist for the Hospital Bed Manufacturing Industry
  • Industry Globalization
    Major Companies
    Hill-Rom
    Stryker Corporation
  • Table: Hill-Rom - financial performance
  • Table: Stryker Corporation - financial performance
  • Operating Conditions
    Capital Intensity
  • Chart: Level of Capital Intensity for the Hospital Bed Manufacturing Industry
  • Chart: Tools of the Trade: Growth Strategies for Success
  • Technology & Systems
    Revenue Volatility
  • Chart: Volatility vs Industry Growth
  • Regulation & Policy
    Industry Assistance
    Key Statistics
  • Table: Industry Data for the Hospital Bed Manufacturing Industry
  • Includes:
  • Industry Revenue (2007-2021)
  • Industry Gross Product (2007-2021)
  • Establishments (2007-2021)
  • Businesses (2007-2021)
  • Employment (2007-2021)
  • Exports (2007-2021)
  • Imports (2007-2021)
  • Wages (2007-2021)
  • Total healthcare expenditure (2007-2021)
  • Table: Annual Percentage Change for Key Industry Data
  • Table: Key Ratios for Industry Key Data
  • Jargon & Glossary
    Acute
  • Of or relating to medical care intended for short periods of time.
  • Med-Surg
  • An abbreviation of medical-surgical used to describe beds and surfaces suitable for recovery, rest and surgical applications.
  • Smartbed
  • A type of powered hospital bed capable of recording and reporting patient data such as weight, position and other vitals.

  • Why Buy this Report?
    IBISWorld industry market research reports enable you to:
    • Find out about key industry trends
    • Identify threats and opportunities
    • Inform your decisions for marketing, strategy and planning
    • Quickly build competitive intelligence
    This report on Hospital Bed Manufacturing:
    • Provides Market Size information to assist with planning and strategic decisions.
    • Includes the necessary information to perform SWOT, PEST and STEER analysis.
    • Helps you understand market dynamics to give you a deeper understanding industry competition and the supply chain.
    • Analyses key performance and operational metrics so that you can benchmark against your own business, that of your customers’ businesses, or your competitors’ businesses.
    The Hospital Bed Manufacturing market research report includes:
    • Historical data and analysis for the key drivers of this industry
    • A five-year forecast of the market and noted trends
    • Detailed research and segmentation for the main products and markets
    • An assessment of the competitive landscape and market shares for major companies
    • And of course, much more

    IBISWorld reports on thousands of industries around the world. Our clients rely on our information and data to stay up-to-date on industry trends across all industries. With this IBISWorld Industry Research Report on Hospital Bed Manufacturing, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

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