The ICU beds market size has grown strongly in recent years. It will grow from $2.1 billion in 2024 to $2.23 billion in 2025 at a compound annual growth rate (CAGR) of 6.1%. The growth in the historic period can be attributed to aging population, technological advancements, healthcare infrastructure development, critical care demand.
The ICU beds market size is expected to see strong growth in the next few years. It will grow to $3.15 billion in 2029 at a compound annual growth rate (CAGR) of 9%. The growth in the forecast period can be attributed to ongoing healthcare infrastructure expansion, technological innovation, pandemic response and preparedness, chronic disease burden. Major trends in the forecast period include pandemic-driven demand, icu bed capacity expansion, technological advancements, patient comfort and safety.
The market for ICU beds is witnessing significant growth due to the surge in COVID-19 cases globally, compelling both emerging and developed countries to expand their intensive care capacities. Public health systems are allocating funds to acquire necessary hospital infrastructure, with ICU beds being a crucial requirement in this process.
Anticipated growth in the number of hospitals is expected to drive the expansion of the ICU beds market. Hospitals serve as healthcare institutions equipped with medical expertise and resources to provide a wide spectrum of medical services. ICU beds within hospitals offer critical care for patients with severe medical conditions, enabling advanced monitoring, life support, and specialized medical attention. For instance, as of May 2023, the United States reported 6,129 hospitals, marking a 0.591% increase from the previous year, which saw 6,093 hospitals. Consequently, the escalating number of hospitals is propelling the growth of the ICU beds market.
Recurrent outbreaks of pandemic diseases such as Influenza, Ebola, and most recently, COVID-19, have exerted significant pressure on healthcare authorities and services to devise preparedness plans, including augmenting the number of ICU beds to cater to critically ill patients. During pandemics, a surge in ICU admissions is witnessed as most patients necessitate intensive care. Even in developed countries, ICU beds are often at capacity during such crises. For instance, the United States possesses an estimated 34.2 ICU beds per 10,000 individuals, yet experienced heightened demand during the recent COVID-19 pandemic. Italy maintains around 12.5 ICU beds per 10,000 individuals, indicating a similar surge in demand during outbreaks. However, in developing nations like China and India, there exist only 3.6 and 2.3 ICU beds per 10,000 individuals, respectively, indicating a substantial demand in these regions. Patients with severe COVID-19 usually require approximately 14 days of ICU-based respiratory support, thereby significantly stressing resources. Consequently, the recurrent outbreaks of pandemics are expected to drive the demand for ICU beds.
The emergence of smart beds represents a notable trend gaining traction in the ICU beds market. Smart beds provide an automated, digitalized approach to patient monitoring, enhancing overall efficiency. They are specifically designed to support patient movement and expedite recovery through integrated monitoring systems. For instance, in August 2022, Dozee, an India-based medical equipment manufacturer, partnered with Midmark India, an India-based hospital bed manufacturer, to introduce a connected bed platform primarily for non-ICU settings. Dozee's sensor-based technology, employing artificial intelligence (AI), enables the tracking of vital patient parameters.
Key players in the ICU beds market are intensifying their focus on introducing multifunctional ICU beds like the Hillrom Progressa+ to secure a competitive edge in the industry. The Hillrom Progressa+ bed, designed for the ICU, represents a next-generation offering that integrates new technologies and features to facilitate nurse-patient care and support patient recovery. For instance, in June 2023, Baxter International Inc., a US-based healthcare company, launched the Hillrom Progressa+ bed for ICU. This innovative bed encompasses technologies aimed at addressing pulmonary needs, preventing skin issues, and supporting early mobility protocols. It offers in-bed percussion, vibration, and continuous lateral rotation therapies to reduce pulmonary complications linked with immobility. The bed also features flexible frame options to ensure patients' safe and easy movement, including one-button FullChair positioning with chair egress and an integrated 3-mode bed exit alarm, ensuring patient safety while in bed.
Intensive care unit (ICU) beds are specialized hospital beds designed for critically ill or injured patients requiring advanced medical care and continuous monitoring. Equipped with features such as adjustable height, integrated monitoring systems, and support for life-sustaining equipment, these beds play a vital role in ensuring patient comfort, safety, and the delivery of efficient intensive care.
The primary categories of ICU beds available on the market include electric beds, semi-electric beds, and manual beds. Electric ICU beds are equipped with control panels or handsets that allow for electronic adjustments, as opposed to manual repositioning by medical staff. These ICU beds serve various medical applications, encompassing pediatric intensive care units, neonatal intensive care units, psychiatric intensive care units, cardiac intensive care units, neurological intensive care units, trauma intensive care units, post-operative recovery units, surgical intensive care units, and mobile intensive care units. These beds find use in general and acute care hospitals, specialized hospitals, multi-specialty hospitals, ambulatory surgery centers (ASCs), and other healthcare facilities.
The ICU beds market research report is one of a series of new reports that provides ICU beds market statistics, including ICU beds industry global market size, regional shares, competitors with a ICU beds market share, detailed ICU beds market segments, market trends and opportunities, and any further data you may need to thrive in the ICU beds industry. This ICU beds market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
Major companies operating in the icu beds market include Stryker Corporation, Hill-Rom Holdings Inc., Getinge AB, Invacare Corporation, Paramount Bed Holdings Co Ltd., Joerns Healthcare LLC, LINET Group SE, Stiegelmeyer GmbH & Co KG, Hebei Pukang Medical Instruments Co Ltd., Malvestio SpA, Umano Medical Inc., Favero Health Projects Ltd., Gendron Inc., Graham-Field Health Products Inc., Drive Medical Limited, Medline Industries Inc., Merivaara Corp, Span-America Medical Systems Inc., Savion Industries Ltd., Nitrocare Medical Bed, Haelvoet NV, Nexus Medical LLC, Proma Reha Ltd., Jiangsu Saikang Medical Equipment Co Ltd., Zhangjiagang Medi Medical Equipment Co Ltd., Antano Group S.R.L, Novum Medical Products Inc., Integrity Medical Solutions Inc., Missaglia SpA, Besco Medical Limited.
North America was the largest region in the ICU beds market in 2024. Western Europe was the second largest region in the ICU beds market. The regions covered in the icu beds market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the icu beds market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Italy, Spain, Canada.
The Intensive Care Unit (ICU) Beds market consists of sales of gatch beds, low air loss beds, motor powered beds, and collapsible hospital beds. Values in this market are factory gate values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
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Table of Contents
Executive Summary
ICU Beds Global Market Report 2025 provides strategists, marketers and senior management with the critical information they need to assess the market.This report focuses on icu beds market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
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Description
Where is the largest and fastest growing market for icu beds ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The icu beds market global report answers all these questions and many more.The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.
- The market characteristics section of the report defines and explains the market.
- The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
- The forecasts are made after considering the major factors currently impacting the market. These include: the Russia-Ukraine war, rising inflation, higher interest rates, and the legacy of the COVID-19 pandemic.
- Market segmentations break down the market into sub markets.
- The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
- The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
- The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.
Scope
Markets Covered:
1) By Type: Electric Beds; Semi-Electric Beds; Manual Beds2) By Application: Pediatric Intensive Care Unit; Neonatal Intensive Care Unit; Psychiatric Intensive Care Unit; Cardiac Intensive Care Unit; Neurological Intensive Care Unit; Trauma Intensive Care Unit; Post-Operative Recovery Unit; Surgical Intensive Care Unit; Mobile Intensive Care Unit
3) By End Use: General and Acute Care Hospitals; Specialized Hospitals; Multi-Specialty Hospitals; Ambulatory Surgery Centers (ASC); Other End Uses
Subsegments:
1) By Electric Beds: Full Electric ICU Beds; Bariatric Electric ICU Beds2) By Semi-Electric Beds: Manual Head/Foot Control ICU Beds; Electric Height Adjustment ICU Beds
3) By Manual Beds: Manual Height Adjustment ICU Beds; Manual Head/Foot Control ICU Beds
Key Companies Mentioned: Stryker Corporation; Hill-Rom Holdings Inc.; Getinge AB; Invacare Corporation; Paramount Bed Holdings Co Ltd.
Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time Series: Five years historic and ten years forecast.
Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita.
Data Segmentation: Country and regional historic and forecast data, market share of competitors, market segments.
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
Delivery Format: PDF, Word and Excel Data Dashboard.
Companies Mentioned
The major companies featured in this ICU Beds market report include:- Stryker Corporation
- Hill-Rom Holdings Inc.
- Getinge AB
- Invacare Corporation
- Paramount Bed Holdings Co Ltd.
- Joerns Healthcare LLC
- LINET Group SE
- Stiegelmeyer GmbH & Co KG
- Hebei Pukang Medical Instruments Co Ltd.
- Malvestio SpA
- Umano Medical Inc.
- Favero Health Projects Ltd.
- Gendron Inc.
- Graham-Field Health Products Inc.
- Drive Medical Limited
- Medline Industries Inc.
- Merivaara Corp
- Span-America Medical Systems Inc.
- Savion Industries Ltd.
- Nitrocare Medical Bed
- Haelvoet NV
- Nexus Medical LLC
- Proma Reha Ltd.
- Jiangsu Saikang Medical Equipment Co Ltd.
- Zhangjiagang Medi Medical Equipment Co Ltd.
- Antano Group S.R.L
- Novum Medical Products Inc.
- Integrity Medical Solutions Inc.
- Missaglia SpA
- Besco Medical Limited
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 175 |
Published | April 2025 |
Forecast Period | 2025 - 2029 |
Estimated Market Value ( USD | $ 2.23 Billion |
Forecasted Market Value ( USD | $ 3.15 Billion |
Compound Annual Growth Rate | 9.0% |
Regions Covered | Global |
No. of Companies Mentioned | 31 |