The market for smart hospital beds is projected to grow significantly, reaching approximately US$ 1,497.11 million by 2030, up from US$ 526.28 million in 2022, reflecting a compound annual growth rate (CAGR) of 14.0% during the period from 2022 to 2030.
Recent advancements and enhancements in healthcare products are driving medical facilities to embrace innovative technologies. Governments are actively investing in the improvement of healthcare infrastructure, allocating funds to construct hospitals equipped with cutting-edge technology. Below are some notable recent developments in the smart hospital beds market from both governmental and corporate sectors.
- In February 2023, Stryker introduced SmartMedic, marking the debut of the first ICU bed upgrade platform in India, aimed at improving patient care and ensuring the safety of caregivers.
- In August 2022, Dozee collaborated with Midmark India, a leading hospital bed manufacturer in South Asia, to unveil a connected bed platform designed for non-ICU environments. This platform features an AI-driven contactless sensor that is placed beneath the mattress to monitor vital signs such as heart rate, respiration rate, temperature, oxygen saturation, and electrocardiogram (ECG).
- In February 2021, Hillrom acquired contact-free continuous monitoring technology from EarlySense for US$ 30 million, enhancing its Centrella Smart+Bed, which is capable of monitoring heart and respiratory rates exceeding 100 units per minute. This technology enables the Centrella Smart beds to alert clinicians about potential health deteriorations in patients.
- In October 2020, the UK President announced funding for 40 hospitals as part of the Health Infrastructure Plan (HIP), allocating US$ 3 billion (?3.7 billion) for the initial phase of construction to be completed by 2030. Additionally, funding was committed for 48 more hospitals by 2030.
- In October 2020, Stryker launched ProCurity, a fully wireless hospital bed designed ergonomically with a height of 11.5 inches to minimize patient falls across all acuity levels. These beds feature user-friendly touchscreens and monitoring systems, aimed at enhancing patient safety, improving nursing staff efficiency, and reducing hospital operational costs. In February 2021, Stryker also released the ProCuity Bed Series, which is now available in 70 countries worldwide.
These initiatives are significantly contributing to the expansion of the smart hospital beds market.
Advancements in Robotic Hospital Beds Present New Opportunities for Market Growth
Researchers are actively developing hospital beds integrated with robotic technology. In an April 2020 press release, the German Research Center for Artificial Intelligence GmbH (DFKI GmbH) announced that the German Federal Ministry for Education and Research (BMBF) allocated US$ 1.7 million (1.8 million euros) to support the development of robotic systems and sensor solutions for hospital beds through the AdaMeKoR project, initiated by the Johanniter-Unfall-Hilfe humanitarian organization in March 2020. Collaborating institutions, including the University of Osnabrueck, the University of Oldenburg, and DFKI, are working on various components of robotic beds to alleviate the workload of nursing staff and enhance patient care. The Robotics Innovation Center and Cyber-Physical Systems research departments of DFKI GmbH are also involved in the AdaMeKoR project, which aims to address staffing shortages and alleviate the pressures faced by medical personnel in Germany. Furthermore, the initiative seeks to improve the physical well-being of nursing staff by reducing illness, thereby decreasing absenteeism and occupational disabilities. The project participants are also focused on developing a robotic arm for patient transfers and sensors to analyze nursing staff posture, along with a joystick for individuals with limited mobility to facilitate the robotic transfer of patients from beds to wheelchairs. Consequently, government support for the development of robotic hospital beds is expected to create substantial growth opportunities for the smart hospital beds market in the future.
The smart hospital beds market is categorized based on patient weight, application, offering, and end user. By patient weight, the market is divided into categories of less than 70 lb, 70-150 lb, 150-400 lb, 400-500 lb, and over 500 lb. In terms of application, the market is segmented into fall prevention, pressure injury prevention, patient monitoring and deterioration, among others. The offerings in the smart hospital beds market include products and accessories, software and solutions, and services. The end users are classified into hospitals, clinics and nursing homes, ambulatory surgical centers, medical laboratories, long-term care facilities, and others. Geographically, the market is divided into North America (including the US, Canada, and Mexico), Europe (covering the UK, Germany, France, Italy, Spain, and the rest of Europe), Asia Pacific (including China, Japan, India, Australia, South Korea, and the rest of Asia Pacific), the Middle East & Africa (comprising the UAE, Saudi Arabia, South Africa, and the rest of the region), and South & Central America (including Brazil, Argentina, and the rest of the region).
In terms of geography, North America dominates the global smart hospital beds market, with the US, Canada, and Mexico being the primary contributors to market growth in this region. The expansion of the smart hospital beds market in North America is largely driven by the rising prevalence of chronic diseases such as stroke, diabetes, and cancer. Additionally, the increasing rates of obesity and the rapid growth of the elderly population are anticipated to boost the demand for smart hospital beds in the region in the coming years. The US stands out as the largest market for smart hospital beds in North America, with growth fueled by the rising incidence of chronic diseases, lifestyle-related health issues, extended hospital stays following critical surgeries, the availability of advanced smart hospital beds, and favorable reimbursement policies. Patients with chronic conditions like cancer, cardiovascular diseases, immune deficiencies, multiple sclerosis, and rheumatoid arthritis often require long-term monitoring and treatment, leading to extended hospital stays. Smart beds facilitate the collection of health data and support statistical analysis, enhancing efficiency and diagnostic accuracy for healthcare providers while helping to reduce hospital readmissions. These smart beds can create a network of interconnected devices, mechanical and digital systems, or individuals with unique identifiers, enabling rapid data transmission to designated systems.