Hospital Furniture Market Size to Surpass USD 16.5 billion at 9.90% CAGR by 2030 | Market Research Future

Hospital furniture market Research Report Information By Type (Bedside Tables, Ot Table, Instrument Stands, Stretchers, Hospital Beds, Chairs, Scrub Sinks, Waste Container, Trolley And Others), By Application (Physician Furniture, Patient’s Furniture And Staff’s Furniture), By End Users (Hospitals, Diagnostic Centers, Clinics And Others), And By Region (North America, Europe, Asia-Pacific, And Rest Of The World) –Market Forecast Till 2030

Market Research Future Insights

Hospital furniture market size was valued at USD 7.8 billion in 2021 and is projected to grow from USD 8.5 Billion in 2022 to USD 16.5 billion by 2030, exhibiting a compound annual growth rate (CAGR) of 9.90% during the forecast period (2022 – 2030).

The global hospital furniture market refers to the market for various types of furniture used in healthcare facilities, such as hospitals, clinics, and medical laboratories. This includes hospital beds, stretchers, chairs, tables, cabinets, and other equipment used for patient care, diagnostic procedures, and medical research. The market is driven by factors such as the growing demand for healthcare services, increasing investments in healthcare infrastructure, and the rise in the geriatric population, which requires more medical attention.

The COVID-19 pandemic had a significant impact on the global hospital furniture market. The pandemic has created a surge in demand for hospital furniture, particularly for hospital beds, stretchers, and other equipment needed for the care and treatment of COVID-19 patients.  The pandemic has disrupted global supply chains, resulting in shortages of critical components and raw materials needed to manufacture hospital furniture.

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Market Segmentation

The Global Hospital Furniture Market has been segmented into type, application and end-user.

Based on the type, the market has been segmented into Beds, Chairs, Tables, Cabinets, Trolley and Stands.

Based on the application, the market has been segmented into ICU furniture and pediatric furniture.

Based on the end-user, the market has been segmented into hospitals, diagnostic centers and clinics.

Key Players

Stryker Corporation

Bio Medical Solutions

GPC Medical

Invacare Corporation

ARJO AB

Steris Plc.

Medline Industries, Inc.

Hill-Rom Holdings, Inc.

Narang Medical

Hill-Rom

Herman Miller Furniture

Regional Analysis

The largest region in the global hospital furniture market is Asia-Pacific. The region is expected to continue to dominate the market in the coming years, driven by factors such as the increasing population, rising disposable incomes, and increasing investments in healthcare infrastructure by governments and private investors.

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North America and Europe are also significant markets for hospital furniture, with well-established healthcare systems and a high standard of living driving demand for advanced and innovative furniture solutions.

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