Hospital Bed Manufacturing in the US - Industry Market Research Report

Feeling comfy: Industry revenue will grow steadily as federal funding for Medicare and Medicaid increases

Hospital bed manufacturing is currently experiencing a favorable performance in the market. With the increasing demand for healthcare services and the need for high-quality medical equipment, the industry is witnessing steady growth. Factors such as population growth, aging demographics, advancements in medical technology and the expansion of healthcare infrastructure contribute to the industry's positive outlook. Hospital bed manufacturers are capitalizing on these opportunities by offering innovative and technologically advanced products that enhance patient care and improve healthcare facility efficiency. The industry's focus on patient safety, environmental sustainability and regulatory compliance further strengthens its position in the market. Industry revenue is expected to increase at a CAGR of 4.4% to $2.8 billion in 2023, when revenue will expand an estimated 2.6%.

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

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry's key players and their market shares.