Healthcare Furniture Market Size, Share & Industry Analysis, By Type (Bed, Chair, Tables, Others), By Sector (Private, Government), By Material (Wooden, Plastic, Metal, Others), By End User (Hospitals, Clinics, Others) And Regional Forecast, 2024-2032

Region :Global | Report ID: FBI105852 | Status : Ongoing

KEY MARKET INSIGHTS

In the era of modernization, healthcare is constantly upgrading its quality by consistently shaping the hospitals and clinics in an innovative way with furnished intensive care units, diagnostic room, operation-theater, pharmacy, etc. All of these consist of specifically designed furniture like patient waiting sofa, chairs, tables, recliner chairs, stool, stretcher, trolley etc. The designers are also improving their furniture design to provide the best comfort to the patients and their family. Moreover, in the recent days due to the pandemic situation hospitals are playing a crucial role but the beds are limited for suffering people. Hence, the demand for hospital beds along with other furniture is increasing day by day and is expected to boost the market growth of healthcare furniture during the forecast period.

Increasing prevalence of chronic diseases is resulting in the increasing number of patient admission in the hospitals and other healthcare facilities. The increasing number of inpatient admissions in the healthcare facilities is leading to rising demand for healthcare furniture including hospital/ medical beds, chairs, etc. On the other hand, market players like Stryker, are innovating various modern furniture to aid in ailment of medical treatment. Apart from this, increasing healthcare expenditure by developed as well as emerging countries on their infrastructure is fueling the demand and adoption of healthcare furniture globally.

However, increasing cost of raw material of furniture, along with long life span and multipurpose usability of furniture to limit the sales volume and subsequently, can restrain the growth of healthcare furniture market during the forecast period.

Key Market Driver -

Increasing number of admission in private and government healthcare facilities boosting the demand for healthcare furniture

Key Market Restraint -

High cost of raw material for healthcare furniture and longer shelf life

Key Players Covered:

The major companies in the healthcare furniture market includes Stryker, Herman Miller, Inc., STERIS Corporation, GPC Medical Limited, Hill-Rom Services Inc., and other players.

Key Insights

Prevalence of Chronic Disorders, by Key Regions/Country, 2020

Per Capita Healthcare Expenditure, by key Regions/ Country, 2020

New Product Launches, by Key Players

Impact of COVID-19 on the Healthcare Furniture Market

Key Industry Development - Mergers and Acquisitions

Regional Analysis:

The healthcare furniture market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa. North America held a dominant share of the healthcare furniture market in 2020. The dominance is due to development in the healthcare infrastructure of U.S and Canada. Also, increasing number of private and government hospitals as well as rising number of different surgeries is boosting the market growth in this region. For instance, according to Definitive Healthcare data a total of 7,247 hospitals are present in the U.S. till august 2020. The market in Europe is expected to grow at a significant CAGR owing to dominance of major market players, with their advanced and diversified portfolio of healthcare furniture including beds, cabinets, etc. Asia Pacific is expected to grow at a higher CAGR during the forecast period owing to modernization of China and other countries’ healthcare infrastructure. However, the healthcare furniture market in Latin America and Middle East & Africa are expected to grow in during the forecast period, owing to increasing investments by public and private sectors for healthcare and hospital infrastructure development in countries including Saudi Arabia, U.A.E., Brazil, Argentina, among others.

Segmentation

ATTRIBUTES	DETAILS
By Type	Bed Chair Tables Others
By Sector	Private Government
By Material	Wooden Plastic Metal Others
By End User	Hospitals Clinics Others
By Geography	North America (USA, Canada) Europe (UK, Germany, France, Italy, Spain, Scandinavia and Rest of Europe) Asia Pacific (Japan, China, India, Australia, Southeast Asia and Rest of Asia Pacific) Latin America (Brazil, Mexico, Rest of Latin America) Middle East & Africa (South Africa, GCC and Rest of Middle East & Africa)

Healthcare Furniture Industry Developments

In April 2021, Herman Miller, Inc., announced its plan to merge with the Knoll Inc., which will help the company to be a leader in modern design in furniture industry.

In October 2019, Herman Miller, Inc., acquired Naughtone with an aim to expand its product portfolio with innovative design furniture.

REQUEST SAMPLE

SPEAK TO ANALYST

PUBLISHING STATUS: Ongoing
BASE YEAR: 2023
HISTORICAL DATA: 2019-2022

Multi-report Purchase Plan

Healthcare Clients

Client Testimonials

“We are quite happy with the methodology you outlined. We really appreciate the time your team has spent on this project, and the efforts of your team to answer our questions.”

- One of the largest & renowned medical research centers based in the U.S. on a report on the U.S. NIPT Market.

“Thanks a million. The report looks great!”

- Feedback from a consultant on a report on the U.S. Beef Market.

“Thanks for the excellent report and the insights regarding the lactose market.”

- Brazil based company specializing in production of protein ingredients.

“I liked the report; would it be possible to send me the PPT version as I want to use a few slides in an internal presentation that I am preparing.”

- Global Digital Services Agency on a report on the Global Luxury Goods Market.

“This report is really well done and we really appreciate it! Again, I may have questions as we dig in deeper. Thanks again for some really good work.”

- U.S.-based biotechnology company focussing on treatment of chronic pain.

“Kudos to your team. Thank you very much for your support and agility to answer our questions.”

- Europe-based provider of solutions to automate data centre operations.

“We appreciate you and your team taking out time to share the report and data file with us, and we are grateful for the flexibility provided to modify the document as per request. This does help us in our business decision making. We would be pleased to work with you again, and hope to continue our business relationship long into the future.”

- India-based manufacturer of industrial and specialty intermediates with a strong global presence.

“I want to first congratulate you on the great work done on the Medical Platforms project. Thank you so much for all your efforts.”

- One of the largest cosmetics company in the world.

“Thank you very much. I really appreciate the work your team has done. I feel very comfortable recommending your services to some of the other startups that I’m working with, and will likely establish a good long partnership with you.”

- U.S. based startup operating in the cultivated meat market.

“We received the below report on the U.S. market from you. We were very satisfied with the report.”

- Global hearing aids manufacturer.

“I just finished my first pass-through of the report. Great work! Thank you!”

- U.S. based solar racking solutions provider.

“Thanks again for the great work on our last partnership. We are ramping up a new project to understand the imaging and imaging service and distribution market in the U.S.”

- World’s leading advisory firm.

“We feel positive about the results. Based on the presented results, we will do strategic review of this new information and might commission a detailed study on some of the modules included in the report after end of the year. Overall we are very satisfied and please pass on the praise to the team. Thank you for the co-operation!”

- Germany based machine construction company.

“Thank you very much for the very good report. I have another requirement on cutting tools, paper crafts and decorative items.”

- Japanese manufacturing company of stationery products.

“We are happy with the professionalism of your in-house research team as well as the quality of your research reports. Looking forward to work together on similar projects”

- One of the Leading Food Companies in Germany

“We appreciate the teamwork and efficiency for such an exhaustive and comprehensive report. The data offered to us was exactly what we were looking for. Thank you!”

- Intuitive Surgical

“I recommend Fortune Business Insights for their honesty and flexibility. Not only that they were very responsive and dealt with all my questions very quickly but they also responded honestly and flexibly to the detailed requests from us in preparing the research report. We value them as a research company worthy of building long-term relationships.”

- Major Food Company in Japan

“Well done Fortune Business Insights! The report covered all the points and was very detailed. Looking forward to work together in the future”

- Ziering Medical

“It has been a delightful experience working with you guys. Thank you Fortune Business Insights for your efforts and prompt response”

- Major Manufacturer of Precision Machine Parts in India

“I had a great experience working with Fortune Business Insights. The report was very accurate and as per my requirements. Very satisfied with the overall report as it has helped me to build strategies for my business”

- Hewlett-Packard

“This is regarding the recent report I bought from Fortune Business insights. Remarkable job and great efforts by your research team. I would also like to thank the back end team for offering a continuous support and stitching together a report that is so comprehensive and exhaustive”

- Global Management Consulting Firm

“Please pass on our sincere thanks to the whole team at Fortune Business Insights. This is a very good piece of work and will be very helpful to us going forward. We know where we will be getting business intelligence from in the future.”

- UK-based Start-up in the Medical Devices Sector

“Thank you for sending the market report and data. It looks quite comprehensive and the data is exactly what I was looking for. I appreciate the timeliness and responsiveness of you and your team.”

- One of the Largest Companies in the Defence Industry

Get in Touch with Us

US +1 833 909 2966 ( Toll Free )

UK +44 808 502 0280 ( Toll Free )
+91 744 740 1245 (APAC)
[email protected]