Global Bariatric Beds Industry Expected to Achieve US$497.92 Million by 2033, Propelled by a Solid 5.3% Compound Annual Growth | FMI

The Global Bariatric Beds Industry is on the verge of a transformative journey, with a projected market value of US$497.92 million by 2033, reflecting a substantial surge from its 2023 valuation of US$297.08 million. This growth trajectory is underlined by a compelling Compound Annual Growth Rate (CAGR) of 5.3% over the ten years from 2023 to 2033.

The driving force behind this remarkable expansion is the escalating global prevalence of obesity, positioning bariatric beds as a pivotal element in the modern healthcare infrastructure. A confluence of factors is expected to contribute to this robust growth, including the burgeoning elderly population, the increasing burden of diseases, and the pronounced unmet medical needs, particularly in developing and low-growth economies.

Notably, heightened investments in both public and private healthcare sectors, with a focus on augmenting the bed-to-patient ratio, are set to play a pivotal role in propelling the market to new heights. These strategic initiatives underscore the industry’s commitment to addressing the dynamic healthcare landscape and ensuring that patients worldwide receive optimal care.

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The Global Bariatric Beds Industry’s upward trajectory is a testament to the industry’s dedication to enhancing patient comfort and care. It is poised to deliver innovative solutions that cater to the diverse needs of an ever-expanding global population.

It is worth noting that bariatrics is a branch of medicine that focuses on the treatment of individuals who are overweight or obese. The diagnosis and treatment of bariatric patients involve assessing their weight and body mass index (BMI), as well as other health risks associated with excess weight. As the global population continues to struggle with obesity, the demand for specialized bariatric care and equipment, such as bariatric beds, is likely to increase.

Numerous manufacturers are focused on technological advancements to assist market expansion, such as adjustable side railings, automatic height adjustability, fiber-made body, lightness, and multi-storage facilities. Furthermore, current improvements in bariatric beds include easy and lockable movement of the bed wheels, elevation-enabled beds that can be adjusted in height, and adjustable side rails.

The short hospital stay shifts the emphasis to home healthcare. Additionally, the increased demand for home healthcare for post-surgical recovery and other long-term conditions is likely to assist in reducing patient stay length. This strategy decreases all the issues that hospitals face in inpatient management while also drastically lowering the cost to the patient. As a result of the shift in emphasis toward home care, the procurement of bariatric beds is increasing, which is likely to drive market expansion

The rising demand for home healthcare services is likely to propel market expansion. According to claims filed with the Ohio Bureau of Workers’ Compensation (OBWC) in 2021, the average total cost per claim for home nursing assistants was around USD 15,000. In addition, shoulder injuries among home health care aides had the high average total claim costs (USD 20,600/injury) of any occupation, setting, or body area combination, which is expected to fuel market growth.

The growing population aged 60 and over with lower immunity levels is a significant driver of bariatric beds market growth throughout the forecast period. This demographic is expected to receive the effective available therapies to live long. As a result, an increase in the elderly population base is expected to drive market growth.

Key Points from the Global Bariatric Beds Industry

• The market is expected to surpass US$ 497.92 million by 2033.
• Growing demand for home healthcare services, the rising number of operations, and the increasing incidence of obesity are key drivers fueling market expansion.
•  Global Bariatric Beds Industry is expected to capture a CAGR of 5.3% during the forecast period 2023 to 2033.
• North America dominated the bariatric beds market.

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Key Developments in the Global Bariatric Beds Industry:

• October 2018 – Benmor Medical launched the Aurum+ Bariatric Bed to provide clinical benefits and safety to patients.
• October 2018 – Joerns Healthcare announced the launch of Joerns BCX Bariatric Care, a fully adjustable bariatric bed for patients.
• February 2018 – Alerta has announced the launch of Alerta Bariatric, a pressure-relieving mattress designed specifically for bariatric patients.
• January 2022 – Titan SGS by Standard Bariatrics, Inc. has completed 1,000 clinical case uses as of. Titan SGS surgical stapler technology’s anatomy-based approach in bariatric surgery benefits patients.
• July 2021 – The Food and Drug Administration gave Apollo Endosurgery de novo approval to commercialize its Apollo ESG and Apollo REVISE endoscopic systems for the treatment of obese patients.
• February 2021 – In collaboration with the Bariatric Centers of Kansas City, Carrum Health expanded weight loss surgery choices in the Midwest (BCKC). The center has performed over 17,000 procedures, and the collaboration helps improve people’s lives by increasing access to high-quality bariatric surgery.

Some Prominent Companies in the Global Bariatric Beds Industry include

• Invacare Corporation
• Hill-Rom holdings
• Stryker
• Arjo
• Drive DeVilbiss Healthcare
• Gf Health Products
• Zhangjiagang Medi
• Cobi Rehab
• Alerta
• Rotec International

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 Global Bariatric Beds Industry Key Segment

 Global Bariatric Beds Industry by Weight Capacity:

• Bariatric Beds Market in 500-700 lbs
•  Global Bariatric Beds Industry in 700-1000 lbs
• Bariatric Beds Market in >1000 lbs

 Global Bariatric Beds Industry by End Use:

•  Global Bariatric Beds Industry for Hospitals
•  Global Bariatric Beds Industry for Nursing Homes

Author

Sabyasachi Ghosh (Associate Vice President at Future Market Insights, Inc.) holds over 12 years of experience in the Healthcare, Medical Devices, and Pharmaceutical industries. His curious and analytical nature helped him shape his career as a researcher.

Identifying key challenges faced by clients and devising robust, hypothesis-based solutions to empower them with strategic decision-making capabilities come naturally to him. His primary expertise lies in Market Entry and Expansion Strategy, Feasibility Studies, Competitive Intelligence, and Strategic Transformation.

Holding a degree in Microbiology, Sabyasachi has authored numerous publications and has been cited in journals, including The Journal of mHealth, ITN Online, and Spinal Surgery News.

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI is the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 5,000 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

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