The Global Hospital Furniture Market Size Was Valued At USD 6.68 Billion. In 2020, Total Revenue Is Expected To Increase By 6.22% To Nearly $10.19 Billion During 2021-2027.

Hospital Furniture Market Overview:

Hospital furniture is one of the most important components of a hospital. It includes reclining chairs, rehabilitation sofas, cabinets, hospital beds, examination beds and bedside tables and many other products. These products are widely used in nursing homes, medical institutions, clinics, hospitals and diagnostic centers. It is widely believed that a well-designed set of furniture can help improve the patient's mood, which in turn affects the patient's health and recovery speed. In addition to all of this, it helps to remove stress, monotony and the risk of error among healthcare providers, thereby creating a comfortable and rewarding work environment for healthcare professionals.

Hospital Furniture market size, estimates and forecasts are provided in terms of sales volume (K units) and revenue (million USD), with historical and forecast data for the period 2017 to 2030, with 2022 being considered as the base year. This report segments the global Hospital Furniture market in detail. Regional market sizes related to products by type, by application, and by player are also delivered. In estimating the size of the market, we took into account the impact of COVID-19 and the Russian-Ukraine war.

Major Market Segments Covered in Hospital Furniture Industry Research:

Market Key Players:
Hill-Rom, France Bed, Linet Group, Paramount Bed, Pardo, Stryker, Malvestio, ArjoHuntleigh, Stiegelmeyer, Bazhou Greatwall, KC-Harvest, EME Furniture, Winco, Haelvoet, Merivaara, AGA Sanitätsartikel, Mespa, Silentia, And Others.

By Type:

• Hospital Bed, Hospital Chair & Bench, Hospital Cabinets, Hospital Screen, Hospital Trolley & Cart, Others,

By Application:

• Hospital, Clinic, Others

By Region:

North America dominated the market and accounted for the largest revenue share of 36.6% in 2022. This is due to rising prevalence of chronic diseases such as obesity, diabetes, and cardiac arrest which can lead to hospitalization, which is expected to surge towards the hospital furniture market. The American Heart Association released the2022 Heart and Stroke Statisticsreport. The report states that cardiac arrest remains a public health emergency. Nearly 90% of out-of-hospital cardiac arrests (OHCA) that occur each year in the United States are fatal, require hospitalization. Additionally, bariatric surgery and procedures remain the most successful long-term weight loss options, and their effectiveness has improved dramatically over the past decade. According to the American Association for Metabolic and Bariatric Surgery (ASMBS), there were 228,000 in 2017 alone of Americans underwent bariatric surgery. More than 580,000 people underwent bariatric surgery worldwide each year. Asia-Pacific is expected to witness the highest CAGR of 7.0% during the forecast period. Government incentives such as providing support for hospital furniture and others Reimbursement for equipment provision, all attributed to huge growth rates.China is experiencing the fastest growth in Asia-Pacific due to rising incidence of infectious diseases and public awareness of hospital-acquired infectious diseases, which increases demand for hospital furniture, pushing up price. Japan has a strong healthcare system in terms of infrastructure, hospital beds, hospital supplies and equipment, etc., which helps the overall market to capture a considerable market share and thus dominates the Asia-Pacific region.”

• North America
• US
• Canada
• Mexico
• Rest of North America
• Europe
• Germany
• France
• Italy
• Spain
• UK
• Nordic Countries
• Denmark
• Finland
• Iceland
• Sweden
• Norway
• Benelux Union
• Belgium
• The Netherlands
• Luxembourg
• Rest of Europe
• Asia-Pacific
• Japan
• China
• India
• Australia
• South Korea
• Southeast Asia
• Indonesia
• Thailand
• Malaysia
• Singapore
• Rest of Southeast Asia
• Rest of Asia-Pacific
• The Middle East & Africa
• Saudi Arabia
• UAE
• Egypt
• South Africa
• Rest of the Middle East & Africa
• Latin America
• Brazil
• Argentina
• Rest of Latin America

Significant Market Dynamics:

In the hospital furniture market, there are a number of key growth drivers. These key market drivers ensure the current and future growth of the hospital furniture market. The first reason for the growth of the market is the increase in the number of hospitals and clinics across the globe. Public governments are trying to build more and more hospitals to avoid another pandemic-like situation. The need for more advanced hospitals and clinics is the key driver for the growth in demand for the hospital furniture market during the forecast period. Efforts by public governments to modernize existing hospital infrastructure are also major drivers for the hospital furniture industry.

As geriatric diseases often coexist with obesity and paralysis, people with disabilities will increasingly need mobility aids to perform their daily duties. Therefore, with rising obesity and lifestyle-related disorders in the elderly, the demand for therapeutic as well as bariatric wheelchairs, mobility scooters, and other weight loss mobility and assistive devices is estimated to increase. Hence, the hospital furniture market is expected to grow throughout the forecast period owing to the rise in the impaired population globally.

Countries such as India and China have seen a significant increase in the elderly population over the past few years. The prevalence of various chronic and acute diseases and other health conditions such as cancer, thyroid, obesity and diabetes is higher in the older population. Older adults with these health conditions require frequent medical care. According to the World Health Organization, the elderly population (people over the age of 60) is expected to double, from 960 million in 2017 to 2 billion in 2050. Globally, the older population is growing faster than the younger population. The elderly population accounts for 13% of the global population and is growing at a considerable rate every year. Additionally, the number of people aged 80 and over is projected to triple by 2050, from 137 million in 2017 to 425 million in 2050.

Hospital Furniture Market report scope:

Key Takeaways from this Hospital Furniture Report

• Estimate Hospital Furniture market potential through analyzing growth rates (CAGR %), Volume (Units) and Value ($M) data given at country level - for product types, applications and by different industry verticals.
• Understand the supply chain in depth on the value growth at each step, in order to optimize value and bring effectiveness in your processes.
• Know the different dynamics affecting the market - challenges, key driving factors and opportunities.
• Get a quick viewpoint on the Hospital Furniture market entropy - M&A's, deals, partnerships, product launches of all key companies for the historical 5 years.
• Estimate the supply-demand gaps, import-export data and regulatory landscape for more than top 20 countries worldwide for the market.
• Get complete insights on your competitor performance - market shares, strategies, financial benchmarking, product benchmarking, SWOT and more.
• Study the sales and distribution channels over key geographies to improve top-line revenues.

Frequently Asked Questions-

What is the CAGR of Hospital Furniture market?

The Hospital Furniture Market is growing at a CAGR of 6.22% During Forecast Period.

 What are the key types of Hospital Furniture market?

Hospital Bed, Hospital Chair & Bench, Hospital Cabinets, Hospital Screen, Hospital Trolley & Cart, Others,

What are the key applications of Hospital Furniture market?

Hospital, Clinic, Others                                                              

Who are the key players in Hospital Furniture market?

Hill-Rom, France Bed, Linet Group, Paramount Bed, Pardo, Stryker, Malvestio, ArjoHuntleigh, Stiegelmeyer, Bazhou Greatwall, KC-Harvest, EME Furniture, Winco, Haelvoet, Merivaara, AGA Sanitätsartikel, Mespa, Silentia, And others.