The global bariatric beds market is growing enormously due to various growth factors such as rising prevalence of chronic disorders, technological advancements, and rising geriatric population base across the globe. The rising number of healthcare settings, especially in developing regions is fostering the growth of bariatric beds market.
The introduction of technological advancements on the grounds of portability, patient comfort, utilities, and cost-effectiveness are projected to fuel the market growth. Technological innovations such as adjustable side railings, fiber-made body, automatic height adjustability; multi-storage facility, and lightness are the notable technological advancements.
The rapidly growing demand for home healthcare services can also be attributed to the growing workforce pertaining to this field and is expected to serve this market as a driver. The growth of home healthcare as a cost-effective alternative to expensive hospital stays is expected to serve this market as a vital driver throughout the forecast period. Considering that the treatment cost at home is lower than other settings, large number of people are turning towards home healthcare, thus ultimately increasing the demand for bariatric beds in home healthcare.
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North America region is expected to dominate the market in 2022. High economic development and presence of advanced research centers, hospitals, medical device manufacturers, & universities are some of the key factors boosting the development of new products and commercialization in this region. Furthermore, availability of technologically advanced products for various home-use applications, growing awareness regarding home-based devices, and presence of various government initiatives to promote home healthcare, such as Canadian Home Care Association, are also expected to promote market growth.
Some of the major companies operating in the bariatric beds market are Invacare Corporation, Hill-Rom Holdings, Stryker, Arjo, Drive DeVilbiss Healthcare, GF Health Products, Inc., Zhangjiagang Medi, COBI REHAB, Joerns Healthcare LLC, Benmor Medical. and others. These manufacturers are aiming on developing several organic and inorganic growth strategies such as partnerships, product launch, collaboration, mergers & acquisitions, and others to expand their global presence. For instance, in October 2018, Joerns Healthcare announced the launch of Joerns BCX Bariatric Care bed. This bed provides comfort, safety, and dignity combined in one unique advanced solution for personalized care
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