Hospital Furniture Market Share, Size, Demand, Trends, Market Growth and Segment Forecasts To 2030
Research Reports
Oct 27, 2022
Market Overview
Being one of the most important parts of hospitals, hospital furniture is used in the form of multiple products. Not only are they used as bedside tables and hospitals they are also used as cabinets, recliners and recovery couches. Some of the most common hospital furniture includes beds, trolleys, chairs and tables. Mostly used in healthcare facilities and nursing homes, they have a wide range of usage. A furnished set of décor and surroundings helps in enhancing a patient’s mood, and thus, it affects the health of a person positively. Furniture is not only used directly in healthcare and patient-related work, but they are also used in the office furniture in the medical and waiting rooms.
With a market overview of USD 16190 Million, the Hospital Furniture Market was predicted to enhance healthy growth by the end of its forecast period. The forecast period of the market was announced from the year 2022 to 2030. With a substantial annual growth rate of 9.9% of CAGR, the market is estimated to stand at $16.1 billion by the end of 2030. Multiple factors are driving the market that estimate the market’s value in its forecast period. With the increase in modernisation, the hospitals have been enhancing their aesthetics, which heavily impacted the healthcare facilities. This, thereby, enhanced the market value. Similarly, there has been a continuous increase in private hospitals worldwide. Factors such as are majorly expected to drive the Hospital Furniture Market globally.
Get FREE Sample copy of Report @ https://www.marketresearchfuture.com/sample_request/1007
However, despite all the developments, there have been certain factors that restrained the market growth. The ineffective and high cost of the raw materials used to frame the furniture has been a major hindrance. Apart from this, the lockdown during the pandemic majorly disrupted the supply chain of the materials, which was also a major setback to the growth and development of the Hospital Furniture Market.
Market Segmentation
The Hospital Furniture Market is segmented into materials, products, application sales channels and end-use based upon multiple factors.
Based on materials, the market is segmented into seating furniture, bed trolleys, cabinet and lockers, and tables. Based on its different applications, the market is again segmented into staff, patients and physicians. The market is again segmented into online and offline modes depending upon its sales channel and end user. The market is divided into clinics, homecare and ambulatory surgical centres.
The key competitors are as follows:
Stryker Corporation,Bio Medical Solutions ,GPC Medical ,Narang Medical,Hill-Rom
Regional Analysis
The market forecast has been done concerning its domination around the globe. It is globally spread across Asia-Pacific areas like Japan, China, India, and South Korea. Germany, Italy, France, and the UK are also developing in the same field. Industry News. Apart from this, other areas like South Africa and Europe have also been demonstrating heavy market development.
The Hospital Furniture Market has shown enhanced growth, with multiple key players dominating the market dynamics. Some include SKYTRON LLC, LINET, kovonax, Invacare Corporation and Getinge AB, and others like Herman Miller Furniture and STERIS. These key players collaborate and launch products to engage in the social market.
Browse Full Report Details @ https://www.marketresearchfuture.com/reports/hospital-furniture-market-1007
More Related Report
Atorvastatin API Market Research Report – Global Forecast till 2030
Healthcare Consulting Services Market Research Report – Global Forecast till 2030
Preclinical CRO Market Research Report – Global Forecast till 2030
About US:
Market Research Future (MRFR), enable customers to unravel the complexity of various industries through Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
Contact Information:
Market Research Future (part of Wantstats Research and Media Private Limited), 99 Hudson Street,5Th Floor, New York, New York 10013, United States of America
Tags:
Wire, Research Newswire, English