Malaysia hospital beds market are anticipated to show a robust growth in the upcoming five years, 2022-2026. The market growth can be attributed to increase in demand of the hospital beds due to recent pandemic conditions. Moreover, the healthcare industry is experiencing serious investment in the last few years, looking at the need of the development, more investment is expected that may drive the growth of the market in the next five years until 2026. Top players in the market are devoting themselves in the development of the technologically advanced ICU beds, along with the surge in the chronic patient volume. Also, increasing geriatric population in the country is also responsible majorly for the market growth in the near future. Population aged more than 60 in the country are more prone to catching chronic illnesses and with the demand for excellent care in home care, hospitals, clinics and at the old age homes is driving the market growth. Patients with mental illness, or if they are in vegetative state, patients with long term chronic illness, are in dire need of hospital beds and specialty beds that provides various kind of relief to the patient as well as the care giver, as they support the patient’s posture and stature. These advantages are huge drivers for the market growth, and advancement in the technology is providing further better experiences thus, influencing the market growth of Malaysia hospital beds market.

The Malaysia hospital beds market is segmented by type, usage application, end user, regional distribution, and competitional landscape. Based on type, the market is further segmented into electric beds, semi-electric beds, and manual beds. Electric beds are anticipated to register the fastest growth of the market with the anticipated CAGR in the next five years due to surge in the demand of modern healthcare facility for the patients. Moreover, the advance technology that allows the convenience for the patient and the caretaker, the advantageous factor will aid to the growth of the market segment thereby supporting the growth of the market. Moreover, manual beds are expected to register some significant growth owing to the sudden surge in the demand of the hospital beds looking at the surging number of COVID-19 positive patients. The rapid increase in the number of patients has driven the government to put up with temporary medical facility that will support the patient care, thus the growth of the market.

A partial list of market player in the Malaysia Hospital Beds market includes, LKL Advance Metaltech Sdn Bhd (LKL International Berhad), Neolee Rehab Supply Sdn Bhd, Frago Impex Sdn. Bhd., Piyatech Sdn. Bhd., Stryker Corporation (Malaysia) Sdn Bhd, Victor Steel Equipment Sdn Bhd., ProMed Marketing Sdn Bhd, Nazmed Sdn Bhd, among others. These market players hold larger shares of the market than the new market players. With the advancement of the technology, it is appropriate to say that the effective research and development of the technologically advanced medical devices would support the market growth and benefit the market players as well as the consumers. New market players may focus on the research and development to provide devices that satisfies the consumer demand as well as benefits the market players in building their brand value. Other competitive strategies include mergers & acquisitions and new product developments.

Years considered for this report:

Historical Years: 2016 – 2019

Base Year: 2020

Estimated Year: 2021

Forecast Period: 2022 – 2026

Objective of the Study:

  • To analyze the historical growth of the market size of Malaysia hospital beds market from 2016 to 2019.
  • To estimate and forecast the market size of Malaysia hospital beds market from 2020 to 2026 and growth rate until 2026. 
  • To classify and forecast Malaysia hospital beds market based on type, usage, application, end user, competitional landscape, and regional distribution.
  • To identify dominant region or segment in the Malaysia hospital beds market.
  • To identify drivers and challenges for Malaysia hospital beds market.
  • To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in Malaysia hospital beds market.
  • To identify and analyze the profile of leading players operating in Malaysia hospital beds market.
  • To identify key sustainable strategies adopted by market players in Malaysia hospital beds market.

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TechSci Research performed both primary as well as exhaustive secondary research for this study. Initially, TechSci Research sourced a list of manufacturers, suppliers, and service providers across the country. Subsequently, TechSci Research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, TechSci Research could include the manufactures which could not be identified due to the limitations of secondary research. TechSci Research analyzed the manufactures, distribution channels and presence of all major players across the country.

TechSci Research calculated the market size of Malaysia hospital beds market using a bottom-up approach, wherein data for various end-user segments was recorded and forecast for the future years. TechSci Research sourced these values from the industry experts and company representatives and externally validated through analyzing historical data of these product types and applications for getting an appropriate, overall market size. Various secondary sources such as company websites, news articles, press releases, company annual reports, investor presentations and financial reports were also studied by TechSci Research.

Key Target Audience:

  • Hospital beds manufacturers, end users, and other stakeholders
  • Distributers and suppliers of the products and other stakeholders
  • Organizations, forums, and alliances related to hospital beds
  • Market research and consulting firms

The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as manufacturers, suppliers, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.

Report Scope:

In this report, Malaysia hospital beds market has been segmented into following categories, in addition to the industry trends which have also been detailed below:

  • Malaysia Hospital Beds Market, By Type:
    • Electric Beds
    • Semi-electric Beds
    • Manual Beds
  • Malaysia Hospital Beds Market, By Usage:

o   Acute Care Beds

o   Psychiatric Care Beds

o   Long-Term Care Beds

o   Others

  • Malaysia Hospital Beds Market, By Application:
    • Intensive Care
    • Non-intensive Care
  • Malaysia Hospital Beds Market, By End User:
    • Hospitals
    • Home Care Settings
    • Elderly Care Settings
    • Others
  • Malaysia Hospital Beds Market, By Region:
    • East
    • West

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in Malaysia hospital beds market.

Available Customizations:

With the given market data, TechSci Research offers customizations according to a company’s specific needs. The following customization options are available for the report:

Company Information

  • Detailed analysis and profiling of additional market players (up to five).
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1.     Product Overview

2.    Research Methodology

3.    Impact of COVID-19 on Malaysia Hospital Beds Market

4.    Executive Summary

5.    Voice of Customers

6.    Malaysia Hospital Beds Market Outlook

6.1.  Market Size & Forecast

6.1.1.     By Value & Volume

6.2.  Market Share & Forecast

6.2.1.     By Type (Electric Beds, Semi-electric Beds, Manual Beds)

6.2.2.     By Usage (Acute Care Beds, Psychiatric Care Beds, Long-Term Care Beds, Others)

6.2.3.     By Application (Intensive Care v/s Non-Intensive Care)

6.2.4.     By End User (Hospitals, Home Care Settings, Elderly Care Settings, Others)

6.2.5.     By Region

6.2.6.     By Company (2020)

6.3.  Product Market Map

7.    Malaysia Intensive Care Hospital Beds Market Outlook

7.1.  Market Size & Forecast

7.1.1.     By Value

7.2.  Market Share & Forecast

7.2.1.     By Type

7.2.2.     By Usage

7.2.3.     By End User

8.    Malaysia Non-Intensive Care Hospital Beds Market Outlook

8.1.  Market Size & Forecast

8.1.1.     By Value

8.2.  Market Share & Forecast

8.2.1.     By Type

8.2.2.     By Usage

8.2.3.     By End User

9.    Market Dynamics

9.1.  Drivers

9.2.  Challenges

10.  Market Trends & Developments

11.  Policy & Regulatory Landscape

12.  Import-Export Analysis

13.  Malaysia Economic Profile

14.  Competitive Landscape

14.1.              Company Profiles

14.1.1.  LKL Advance Metaltech Sdn Bhd (LKL International Berhad)

14.1.2.  Neolee Rehab Supply Sdn Bhd

14.1.3.  Frago Impex Sdn. Bhd.

14.1.4.  Piyatech Sdn. Bhd.

14.1.5.  Stryker Corporation (Malaysia) Sdn Bhd

14.1.6.  Victor Steel Equipment Sdn Bhd.

14.1.7.  ProMed Marketing Sdn Bhd

14.1.8.  Nazmed Sdn Bhd.

15.  Strategic Recommendations

16. About Us & Disclaimer

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