Global Healthcare Furniture Market Analysis, Drivers, Restraints, Opportunities, Threats, Trends, Applications, and Growth Forecast to 2028
“Global Healthcare Furniture Market Analysis Trends, Applications, Analysis, Growth, and Forecast to 2028” is a recent report generated by MarketResearch.biz. The global healthcare furniture market report has been segmented on the basis of product type, material, sales channel, end user, and region.
Global Healthcare Furniture Market: Overview
Healthcare furniture comprises of a special type of furniture which is specially designed for hospitals and other related medical treatment centers as per requirement of the patients. In addition, this type of furniture includes special tables, chairs, trolleys etc., such as ICU beds, wheelchairs, and patient trolleys.
Global Healthcare Furniture Market: Dynamics
The growing number of hospital infrastructure development projects across the globe is one of the major factors expected to drive global market growth over the forecast period. These type of furniture is mainly intended to fulfill specific needs of the patient, which aids to a physician to treat and enhance the comfort level of the patients regarding therapeutics, which is expected to fuel demand for healthcare furniture. In addition, portability is one of the major aspect to be considered while buying these types of furniture, because of the furniture used in one section of the hospital that should be suitable for other section too, which aids to interchangeability and cost-effective solution. Technological improvements in terms of the design of healthcare furniture coupled with increasing demand for advanced furniture is another factor expected to support the global market growth. For instance, Stryker Corporation has introduced various innovative stretchers including motor-based stretcher and eye surgery chair.
However, the high cost of technologically advanced furniture is one of the key factors projected to hamper growth of the target market. In addition, extended lifespan and durability of these types of furniture limits the repetitive purchase and hence expected to limit growth of the global market over the forecast period.
Global Healthcare Furniture Market: Segment Analysis
Among product type segments, the beds segment is projected to account the significant share of the global market, in terms of revenue, owing to increasing demand from the healthcare industry.
Among material segments, the wood segment is anticipated to register substantial growth, owing to its properties including eco-friendly material and durability.
Among sales channel segments, the online segment is projected to register considerable growth, owing to multiple discounts on bulk orders and quick delivery services offered by sellers.
Among end-user segments, the hospitals segment is expected to contribute a significant share of the target market in terms of revenue, owing to the rising demand for patient-specific furniture among clinics and hospitals.
Global Healthcare Furniture Market: Regional Analysis
North America market is projected to account significant revenue share of the global market, followed by the Europe market, owing to the strong presence of the healthcare industry coupled with increased spending on health care. Asia Pacific healthcare furniture market is expected to witness significant growth, owing to a growing number of hospitals and clinics infrastructure development activities. In addition, the increasing prevalence of chronic diseases and other health issues has led to increasing demand for health service providers which turns in growth of the target market in the region. A growing number of geriatric population and expenditure on healthcare services are some other factors expected to support the target market growth. Healthcare furniture market in the Middle East & Africa is expected to register moderate growth over the forecast period.
Global Healthcare Furniture Market Segmentation:
Segmentation by Product Type:
- Seating Furniture
- Others (Trolleys, Stands etc.)
Segmentation by Material:
- Others (leather, glass, steel, etc.)
Segmentation by Sales Channel:
Segmentation by End User:
- Diagnostic Centers
Segmentation by Region:
- North America
- Asia Pacific
- Latin America
- Middle East & Africa
Particular Scope Region
- North America
- Rest of Europe
- Asia Pacific
- South Korea
- Rest of Asia Pacific
- Latin America
- Rest of Latin America
- Middle East and Africa
- South Africa
- Rest of Middle East and Africa
Actual Year 2017 Estimated Year 2018 Forecast Period 2018–2028 Revenue in US$
- Stryker Corporation
- Bio Medical Solutions
- KI (Krueger International Furniture Systems Pvt. Ltd.)
- GPC Medical
- Anetic Aid Limited
- DRE INC
- Bristol Maid Hospital Metalcraft
- The Brewer Company
- Hill-Rom Holdings, Inc.
- Narang Medical Ltd.
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