The Middle East & Africa smart hospital beds market is expected to grow from US$ 8.10 million in 2022 to US$ 17.07 million by 2030. It is estimated to grow at a CAGR of 9.8% from 2022 to 2030.
Digitalization in Healthcare Systems Fuels Middle East & Africa Smart Hospital Beds Market
Adopting digitalization in healthcare systems enhances the care and services provided by hospitals. The adoption of smart beds in hospital settings allows hospital administrations to offer better experiences for patients during their stay in hospitals. The introduction of remote patient monitoring, virtual communication, and other digital technologies has simplified the jobs of healthcare service providers and caregivers. Adopting these technologies has helped them overcome challenges associated with a high cost of care, staff shortages, rising patient expectations, and persistent discrimination regarding access to quality care. Newer technologies have enabled cost-effective maintenance of hospital assets in healthcare settings. Also, newer technologies allow easy access and convenience for care providers in ambulatory centers, retail clinics, and home care settings, among others.
Digital technologies such as telemedicine are likely to trigger the incorporation of smart hospital beds in the healthcare sector. Smart hospital beds with telemedicine features would allow patients to seek remote consultations in different countries, thereby facilitating a smooth shift of healthcare from a centralized system to a distributed network. Integrating smart hospital beds with telemedicine would enhance home care settings and ease caregiving to senior, disabled, and fully dependent patients. Telemedicine would also enable new healthcare models such as mobile and virtual care to patients in homecare settings while allowing them to connect with most healthcare centers. Thus, digitalization in healthcare systems is expected to bring new trends into the Middle East & Africa smart hospital beds market in the coming years.
Middle East & Africa Smart Hospital Beds Market Overview
The Middle East & Africa smart hospital beds market is segmented into the UAE, South Africa, Saudi Arabia, and Rest of the Middle East & Africa. Government initiatives to strengthen healthcare infrastructure and increasing geriatric population are the main factors catalyzing the Middle East & Africa smart hospital beds market in this region. According to the United Nations Population Fund (UNFPA), Saudi Arabia is expected to experience a five-fold rise in the aging population from 2 million (5.9%) in 2020 to 10.5 million by 2050 (23.7%). The geriatric population is prone to health conditions such as cardiovascular disorders, cancer, lung infections, and orthopedic disorders, which require hospital admissions for treatment and surgeries. As per Colliers International, Saudi Arabia would require extra 20,000 hospital beds by 2030 to effectively cater to the demands of its rising population. Further, to improve healthcare services, public organizations and the government have initiated programs to enhance the development of wound care management. In the last few years, the private sector has been playing an important role in the healthcare system in Saudi Arabia, owing to the rising investment, which helps in the timely delivery of healthcare services to numerous patients. For instance, the government of Saudi Arabia has launched the Saudi Vision 2030 program to reduce its dependence on the oil & gas sector and diversify other sectors, including healthcare. These efforts have been facilitating significant developments in healthcare services. Moreover, with an investment of US$ 13.8 billion to improve medical facilities, the adoption of advanced technologies has increased in the country. Thus, the ongoing progress in the healthcare sector is expected to boost the growth of the Middle East & Africa smart hospital beds market in Saudi Arabia in the coming years.
Middle East & Africa Smart Hospital Beds Market Revenue and Forecast to 2030 (US$ Million)
Middle East & Africa Smart Hospital Beds Market Segmentation
The Middle East & Africa smart hospital beds market is segmented into patient weight, offering, application, end user, and country.
Based on patient weight, the Middle East & Africa smart hospital beds market is segmented into less than 70 lb, 70 to 150 lb, 150 to 400 lb, 400 to 500 lb, and greater than 500 lb. The 400 to 500 lb segment held the largest share of the Middle East & Africa smart hospital beds market in 2022.
Based on offering, the Middle East & Africa smart hospital beds market is segmented into products & accessories, software & solutions, and services. The products & accessories segment held the largest share of the Middle East & Africa smart hospital beds market in 2022.
Based on application, the Middle East & Africa smart hospital beds market is segmented into fall prevention, pressure injury prevention, patient deterioration & monitoring, and others. The fall prevention segment held the largest share of the Middle East & Africa smart hospital beds market in 2022.
Based on end user, the Middle East & Africa smart hospital beds market is segmented into hospitals, clinics & nursing homes, ambulatory surgical centers, medical laboratories, long term care centers, and others. The hospitals segment held the largest share of the Middle East & Africa smart hospital beds market in 2022.
Based on country, the Middle East & Africa smart hospital beds market is segmented into the UAE, South Africa, Saudi Arabia, and the Rest of the Middle East & Africa. Saudi Arabia dominated the Middle East & Africa smart hospital beds market in 2022.
Arjo AB, Hill-Rom Holdings Inc, LINET spol SRO, Malvestio SpA, Paramount Bed Co Ltd, Stiegelmeyer GmbH & Co. KG, and Stryker Corp are some of the leading companies operating in the Middle East & Africa smart hospital beds market.
| Report Attribute | Details |
|---|---|
| Market size in 2022 | US$ 8.10 Million |
| Market Size by 2030 | US$ 17.07 Million |
| CAGR (2022 - 2030) | 9.8% |
| Historical Data | 2020-2021 |
| Forecast period | 2023-2030 |
| Segments Covered |
By Patient Weight
|
| Regions and Countries Covered |
Middle East and Africa
|
| Market leaders and key company profiles |
|
The Middle East & Africa Smart Hospital Beds Market is valued at US$ 8.10 Million in 2022, it is projected to reach US$ 17.07 Million by 2030.
As per our report Middle East & Africa Smart Hospital Beds Market, the market size is valued at US$ 8.10 Million in 2022, projecting it to reach US$ 17.07 Million by 2030. This translates to a CAGR of approximately 9.8% during the forecast period.
The Middle East & Africa Smart Hospital Beds Market report typically cover these key segments-
The historic period, base year, and forecast period can vary slightly depending on the specific market research report. However, for the Middle East & Africa Smart Hospital Beds Market report:
The Middle East & Africa Smart Hospital Beds Market is populated by several key players, each contributing to its growth and innovation. Some of the major players include:
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Essentially, anyone involved in or considering involvement in the Middle East & Africa Smart Hospital Beds Market value chain can benefit from the information contained in a comprehensive market report.
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