Global Hospital Furniture Market 2024-2028
The hospital furniture market is forecasted to grow by USD 8 bn during 2023-2028, accelerating at a CAGR of 8.06% during the forecast period. The report on the hospital furniture market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by rise in international accreditation by hospitals, leveraging internet platforms to create awareness of hospital infrastructure, and increasing incidence of infectious diseases.
Technavio's hospital furniture market is segmented as below:
By Application
- Physician furniture
- Patient furniture
- Staff furniture
By Product
- Hospital beds
- Specialty medical chairs and tables
- Others
By Geographical Landscape
- North America
- Europe
- APAC
- Middle East and Africa
- South America
This study identifies the growing geriatric population as one of the prime reasons driving the hospital furniture market growth during the next few years. Also, improved medical infrastructure and rising number of medical emergencies will lead to sizable demand in the market.
The report on the hospital furniture market covers the following areas:
- Hospital furniture market sizing
- Hospital furniture market forecast
- Hospital furniture market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading hospital furniture market vendors that include ActiveAid LLC, Arjo AB, Baxter International Inc., Biomedical Solutions Inc., Chang Gung Medical Technology Co. Ltd., GF Health Products Inc., GPC Medical Ltd., IndoSurgicals Pvt. Ltd., Industrias H. Pardo SL, Invacare Corp., LINET Group SE, Medline Industries LP, Narang Medical Ltd., NAUSICAA MEDICAL SAS, PARAMOUNT BED HOLDINGS CO. LTD., Renray Healthcare, STERIS plc, Stryker Corp., Sunrise Medical LLC, and The Brewer Co. LLC. Also, the hospital furniture market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.