European Hospital Beds Market Size, Share, Growth Analysis, By Product(Hospital/medical beds, and accessories), By Area of use(Critical care, long-term care, med-surg, homecare), By Type of care(Long-term care, curative care, rehabilitative care), By Technology(Powered beds, and manual beds), By End-user(Hospitals, home care settings, elderly care settings), By Region - Industry Forecast 2024-2031

European Hospital Beds Market was valued at USD 2.12 billion in 2022, and is poised to grow from USD 2.20 billion in 2023, to USD 3.017 Billion by 2031 at a CAGR of 4% during the forecast period (2024-2031).

Hospital beds have a number of features that can help the patient with positioning in addition to security and convenience for quick recovery. During the forecast timeframe, the Europe hospital beds market will be motivated by an increase in the elderly population and an escalation in the incidence of chronic diseases. The growth in the number of patients admitted to hospitals is encouraging market growth. Because the seniors are more susceptible to chronic illnesses and require round-the-clock care, they have decided to utilize home care services, which are inevitably promoting European market growth. In Europe, the rising trend in cardiac problems, bone fractures, and spine fractures is positively influencing the market.

The COVID-19 pandemic had a detrimental effect on Europe's health system. However, the European hospital bed market made some money during the forecast period. The pandemic had caused a surge in hospital bed demand in European countries. As the number of COVID-19 cases increased, the government began constructing new hospitals to treat COVID-19 patients, which boosted the market. Furthermore, patients are afraid of staying in hospitals after surgery due to COVID-19, so patients began using hospital beds at home, fuelling the European hospital beds market.

European Hospital Beds Market is poised to grow at a sustainable CAGR for the next forecast year.