The global demand for Hospital Furniture Market is presumed to reach the valuation of nearly USD XX MN by 2026 from USD XX MN in 2019 with a CAGR of XX% under the study period of 2020 - 2026.
Hospital furniture includes a class of furniture used extensively in hospitals and health care centers. It includes stretcher trolleys, hospital beds, operating tables, blood donor chairs, dental chairs, etc., designed to meet patients' and caregivers' requirements. The furniture used in hospitals needs to be comfortable, relaxing, safe, and sterile. A good set of furniture enables caregivers to work efficiently and safely as a team. They must be highly durable and withstand chemicals and disinfectants. Unlike household furniture, they are manufactured for specialized functions and are subject to continuous technological advancements and innovations.
The rising hospitals and specialty clinics worldwide are the key drivers for the growth of the hospital furniture market. The increasing need for modern, specialized, and advanced healthcare infrastructure and renovation of the obsolete ones will further propel market growth. Rising investments in the healthcare sector by private entities and growing demand for premium hospital furniture with good ergonomics and comfort will be a market booster. The need for sophisticated, technologically advanced hospital furniture will witness an upward surge due to the ever-increasing number of cases with physical disabilities or fatal injuries or chronic diseases. The main constraints hampering the growth of this market are higher costs and durability of the hospital furniture.
The report covers Porter’s Five Forces Model, Market Attractiveness Analysis and Value Chain analysis. These tools help to get a clear picture of the industry’s structure and evaluate the competition attractiveness at a global level.
Additionally, these tools also give inclusive assessment of each application/product segment in the global market of hospital furniture.
The entire hospital furniture market has been sub-categorized into type, application and end-users. The report provides an analysis of these subsets with respect to the geographical segmentation. This research study will keep marketer informed and helps to identify the target demographics for a product or service.
- Bedside Tables
- Ot Table
- Instrument Stands
- Hospital Beds
- Scrub Sinks
- Waste Container
By End Users
- Physician Furniture
- Patient’s Furniture
- Staff’s Furniture
- Diagnostic Centres
This section covers regional segmentation which accentuates on current and future demand for hospital furniture market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand for individual application segment across all the prominent regions.
Europe Hospital Furniture Market By Revenue (USD MN)
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the hospital furniture market include Stryker Corporation, Bio Medical Solutions, KI, GPC Medical, Anetic Aid Limited, DRE INC, Bristol Maid Hospital Metalcraft, The Brewer Company, GPC Medical Ltd., Chang Gung Medical Technology, Hill-Rom, Narang Medical, Beaver Healthcare Equipment, Renray Healthcare Ltd., Moore Medical LLC, Beaver Healthcare Equipment. This section includes a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
This market research report has been produced by gathering information on the basis of primary and secondary research. Secondary research has been done by using various sources which include (but not limited to) Company Websites, Paid Data Sources, Technical Journals, Financial Reports, SEC Filings, and other different industry publications.
If specific information is required which is not currently within the scope of the report, it can be provided as a part of customization.