Saudi Arabia Hospital Beds Market to grow with a CAGR of 5.89% through 2029
Increasing
healthcare infrastructure and a supportive regulatory environment are the major
drivers for the Saudi Arabia Hospital Beds Market.
According
to TechSci Research report, “Saudi Arabia Hospital Beds Market Industry
Size, Share, Trends, Competition, Opportunity and Forecast, 2019-2029”, Saudi Arabia Hospital Beds
Market was valued at USD 69.97 million in 2023 and is anticipated to witness an
impressive growth in the forecast period with a CAGR of 5.89% through 2029.
This can be due to collaborations and partnerships among leading companies with
a diverse approach to merge the expertise of individual companies and to
strengthen their position in the market.
The aging population drives the demand for
hospital beds, and this phenomenon is a significant factor in the healthcare
industry. As people age, they are more likely to experience chronic health
conditions, such as heart disease, diabetes, and osteoarthritis. These
conditions often require medical treatment and management, leading to a higher
demand for hospital care and beds. Elderly individuals may require specialized
care and medical interventions, such as orthopedic surgeries, cardiac
procedures, and treatments for age-related conditions. These treatments often
necessitate the use of specialized hospital beds designed to meet the unique
needs of older patients. Older adults may require rehabilitation services after
surgeries or to manage age-related conditions. Hospital beds designed for
rehabilitation play a crucial role in helping patients recover and regain
mobility. Some elderly individuals may require long-term care, either at home
or in healthcare facilities. This care often involves the use of hospital beds
that can provide comfort and facilitate the activities of daily living.
The
risk of falls and injuries increases with age. Hospital beds equipped with fall
prevention features, like bed alarms and rails, are often needed to ensure the
safety of elderly patients. As people age, end-of-life care becomes more
common. Palliative care and hospice services often require specialized hospital
beds to provide comfort and support to patients during their final stages of
life.
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Supply
chain disruptions pose a significant challenge in the Saudi Arabia Hospital
Beds Market, as they can impact the availability and timely delivery of
hospital beds to healthcare facilities. Many hospital bed manufacturers rely on
global supply chains for components and materials. Disruptions in the
international supply chain, whether due to global events, geopolitical issues,
or natural disasters, can affect the production and delivery of hospital beds
to Saudi Arabia. The transportation of hospital beds and related equipment,
especially for imported products, can be affected by various factors, including
customs delays, port congestion, and logistical challenges. Hospitals and
healthcare facilities in Saudi Arabia often rely on maintaining an inventory of
hospital beds to meet patient demands. Supply chain disruptions can lead to
shortages, making it difficult for facilities to provide adequate care.
Hospital bed manufacturers must adhere to stringent quality control standards.
Disruptions in the supply chain can lead to delays in quality assurance and
product inspection processes. Some hospital bed components are specialized and
may only be produced by a limited number of manufacturers. If one of these
manufacturers faces production issues, it can lead to shortages in the supply
chain.
Saudi Arabia Hospital Beds Market is segmented
based on Product Type, Type, Care, Application, End User, and by Region.
Based on the Product Type, Saudi Arabia Hospital
Beds Market is segmented into General Beds, Bariatric Beds, Pediatric Beds,
Pressure Relief Beds, Birthing Beds, Others. Pressure relief beds, also known
as pressure redistribution beds or pressure ulcer prevention beds, are
specialized hospital beds designed to help prevent and manage pressure ulcers
(commonly known as bedsores) in patients who are at risk of developing these
painful and potentially serious skin conditions. Pressure ulcers can occur when
prolonged pressure on specific areas of the body restricts blood flow, leading
to tissue damage and the development of sores. The
primary feature of pressure relief beds is the use of specialized surfaces,
such as mattresses and overlays, that distribute the patient's body weight more
evenly across the bed. These surfaces are designed to reduce pressure on
vulnerable areas, typically the bony prominences like the heels, sacrum (lower
back), shoulders, and elbows.
Based on Region, Northern & Central region held the largest share in the Saudi Arabia
Hospital Beds Market. Both Riyadh and Jeddah are significant
destinations for medical tourism. Patients from within Saudi Arabia and other
countries seek medical treatment in these regions, further driving the demand
for high-quality healthcare services and specialized hospital beds. These
regions are also home to leading medical universities, research centers, and
academic medical institutions. The presence of these institutions drives the
need for advanced hospital beds for medical research and education. The
Northern and Central regions are well-connected by transportation networks,
making them easily accessible to patients and healthcare professionals. This
accessibility contributes to the concentration of healthcare facilities and,
consequently, the hospital bed market. The Saudi government has been investing
significantly in healthcare infrastructure in these regions, with plans for the
development of new hospitals, medical cities, and healthcare projects. These
investments directly impact the demand for hospital beds.
Some
of the major companies operating in the Saudi
Arabia Hospital Beds Market include:
- Stryker
KSA
- Hill-Rom
Holdings, Inc
- Bassam
Trading Company
- Saudi
(Overseas) Marketing & Trading Company (SOMATCO)
- Ebrahim Almana & Brothers Co.
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“The Saudi Arabia Hospital Beds Market is witnessing robust growth driven by expanding healthcare infrastructure and a growing elderly population. With a rising focus on providing quality care, hospitals are investing in advanced, specialized beds to enhance patient comfort and treatment outcomes. Factors such as government initiatives to upgrade healthcare facilities and increasing demand for critical care beds are propelling market expansion. Key players are innovating with features like adjustable height and remote-controlled functionalities to meet diverse hospital needs. Moreover, the market is driven by a surge in chronic diseases, driving the need for specialized beds such as ICU and maternity beds. This trend indicates a promising outlook for the Saudi Arabia Hospital Beds Market, poised for further growth.," said Mr. Karan
Chechi, Research Director of TechSci Research, a research-based Global
management consulting firm.
Saudi Arabia
Hospital Beds Market by Product Type (General Beds, Bariatric Beds, Pediatric
Beds, Pressure Relief Beds, Birthing Beds, Others) By Type (Powered, Manual),
By Care (Curative Care, Long-Term Care, Rehabilitative Care), By Application
(Intensive Care Beds, Non-Intensive Care Beds), By End User (Hospitals &
Clinics, Ambulatory Care Centers, Others), By
Region, By Competition Forecast
& Opportunities, 2019-2029F has
evaluated the future growth potential of Saudi Arabia Hospital Beds Market
and provides statistics & information on market size, structure, and future
market growth. The report intends to provide innovative market intelligence and
help decision makers take sound investment decisions. Besides, the report also
identifies and analyzes the emerging trends along with essential drivers,
challenges, and opportunities in Saudi Arabia Hospital Beds Market.
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