Market Overview:
The global medical furniture market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for medical furniture in home care and clinic settings, and the growing number of hospitals worldwide. The global medical furniture market is segmented by type into beds, cabinets, chairs, and other medical furniture. The beds segment is expected to account for the largest share of the market in 2018 owing to its widespread use in hospitals and clinics. By application, the market is divided into home care, clinic care, and hospital care segments. The home care segment accounted for the largest share of the global medical furniture market in 2017 due to rising demand from aging populations across developed countries such as Japan and Germany . Geographically, North America dominates the global medical furniture market followed by Europe .
Product Definition:
Medical furniture is furniture that is used in a medical setting, such as a hospital or clinic. This type of furniture can include exam tables, stretchers, wheelchairs, and other types of equipment that are used to care for patients. Medical furniture is important because it helps to make the environment more comfortable for patients and staff. It also helps to ensure that patients receive the best possible care.
Beds:
Beds are used in medical furniture for patient care. They help in maintaining the position of patients and provide support to them during their treatment. The growth factor for beds is increasing demand from hospitals, clinics, nursing homes and other medical institutes which are expected to drive the market over the forecast period.
Increase in geriatric population globally has led to a rise in demand for home healthcare services as they require assistance with daily activities such as bathing, dressing.
Cabinets:
Cabinets are used in medical furniture for storing various equipment and it's accessories. It is also used to store the linen, which is generally present in a medical clinic or hospital room. The cabinets are available in different sizes and shapes according to the requirement. They can be placed at wall Mounting type or free-standing depending upon the application as well as design of the furniture.
Application Insights:
The market is segmented by application into home, clinic, and hospital. The home application segment dominated the overall industry in terms of revenue in 2017. This can be attributed to a high preference for medical furniture at homes as opposed to clinics and hospitals. Furthermore, an increasing number of elderly people across the globe has led to a growing demand for chairs with adjustable heights which is further anticipated to drive growth over the forecast period.
The Clinic application segment accounted for more than 20% share of the global medical furniture market revenue in 2017 due largely on increased investments by governments as well as private institutions towards equipping healthcare facilities with advanced medical equipment and furniture that helps improve hygiene conditions along with providing comfort while treating patients thereby driving demand over the forecast period.
Hospital applications are expected register significant gains owing largely on rising investments from both public.
Regional Analysis:
North America dominated the global market in 2017. The presence of sophisticated healthcare infrastructure, high patient awareness levels coupled with relatively higher healthcare expenditure levels in this region are some key factors responsible for its large share. Furthermore, the growing preference for outpatient settings over inpatient settings is expected to further drive regional growth during the forecast period.
Asia Pacific is anticipated to witness lucrative growth over the forecast period owing to rising investments by governments and private players for improving medical facilities and increasing patient safety & care standards across various hospitals & clinics located within this region. Rising geriatric population along with increasing disposable income levels are also estimated to contribute toward a significant rise in demand within Asia Pacific during the same period.
Growth Factors:
- Increasing demand for medical furniture from hospitals and clinics
- Growing awareness about the benefits of using medical furniture
- Rising number of surgical procedures requiring use of medical furniture
- Technological advancements in the design and manufacturing of medical furniture
- Growing demand for customized medical furniture
Scope Of The Report
Report Attributes
Report Details
Report Title
Medical Furniture Market Research Report
By Type
Beds, Cabinets, Chairs, Other
By Application
Home, Clinic, Hospital
By Companies
Herman Miller, Getinge, Steelcase, Albert Massaad, Narang, Ocura, Paramount Bed, Hill-Rom, Stryker, Linet Group, Stiegelmeyer, Joerns, ArjoHuntleigh, France Bed, Pardo, Guldmann, Merivaara, Med-Mizer, Bazhou Greatwall, SjzManyou, HbYangguang, BjKangtuo, Haohan
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
136
Number of Tables & Figures
96
Customization Available
Yes, the report can be customized as per your need.
Global Medical Furniture Market Report Segments:
The global Medical Furniture market is segmented on the basis of:
Types
Beds, Cabinets, Chairs, Other
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Home, Clinic, Hospital
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Herman Miller
- Getinge
- Steelcase
- Albert Massaad
- Narang
- Ocura
- Paramount Bed
- Hill-Rom
- Stryker
- Linet Group
- Stiegelmeyer
- Joerns
- ArjoHuntleigh
- France Bed
- Pardo
- Guldmann
- Merivaara
- Med-Mizer
- Bazhou Greatwall
- SjzManyou
- HbYangguang
- BjKangtuo
- Haohan
Highlights of The Medical Furniture Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Beds
- Cabinets
- Chairs
- Other
- By Application:
- Home
- Clinic
- Hospital
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Medical Furniture Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
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- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
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- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Medical furniture is any piece of equipment or furniture that is used in a medical setting. This can include beds, chairs, tables, and other pieces of equipment.
Some of the major companies in the medical furniture market are Herman Miller, Getinge, Steelcase, Albert Massaad, Narang, Ocura, Paramount Bed, Hill-Rom, Stryker, Linet Group, Stiegelmeyer, Joerns, ArjoHuntleigh, France Bed, Pardo, Guldmann, Merivaara, Med-Mizer, Bazhou Greatwall, SjzManyou, HbYangguang, BjKangtuo, Haohan.
The medical furniture market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Medical Furniture Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Medical Furniture Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Medical Furniture Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Medical Furniture Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Medical Furniture Market Size & Forecast, 2018-2028
4.5.1 Medical Furniture Market Size and Y-o-Y Growth
4.5.2 Medical Furniture Market Absolute $ Opportunity
Chapter 5 Global Medical Furniture Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Medical Furniture Market Size Forecast by Type
5.2.1 Beds
5.2.2 Cabinets
5.2.3 Chairs
5.2.4 Other
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Medical Furniture Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Medical Furniture Market Size Forecast by Applications
6.2.1 Home
6.2.2 Clinic
6.2.3 Hospital
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Medical Furniture Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Medical Furniture Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Medical Furniture Analysis and Forecast
9.1 Introduction
9.2 North America Medical Furniture Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Medical Furniture Market Size Forecast by Type
9.6.1 Beds
9.6.2 Cabinets
9.6.3 Chairs
9.6.4 Other
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Medical Furniture Market Size Forecast by Applications
9.10.1 Home
9.10.2 Clinic
9.10.3 Hospital
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Medical Furniture Analysis and Forecast
10.1 Introduction
10.2 Europe Medical Furniture Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Medical Furniture Market Size Forecast by Type
10.6.1 Beds
10.6.2 Cabinets
10.6.3 Chairs
10.6.4 Other
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Medical Furniture Market Size Forecast by Applications
10.10.1 Home
10.10.2 Clinic
10.10.3 Hospital
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Medical Furniture Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Medical Furniture Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Medical Furniture Market Size Forecast by Type
11.6.1 Beds
11.6.2 Cabinets
11.6.3 Chairs
11.6.4 Other
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Medical Furniture Market Size Forecast by Applications
11.10.1 Home
11.10.2 Clinic
11.10.3 Hospital
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Medical Furniture Analysis and Forecast
12.1 Introduction
12.2 Latin America Medical Furniture Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Medical Furniture Market Size Forecast by Type
12.6.1 Beds
12.6.2 Cabinets
12.6.3 Chairs
12.6.4 Other
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Medical Furniture Market Size Forecast by Applications
12.10.1 Home
12.10.2 Clinic
12.10.3 Hospital
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Medical Furniture Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Medical Furniture Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Medical Furniture Market Size Forecast by Type
13.6.1 Beds
13.6.2 Cabinets
13.6.3 Chairs
13.6.4 Other
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Medical Furniture Market Size Forecast by Applications
13.10.1 Home
13.10.2 Clinic
13.10.3 Hospital
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Medical Furniture Market: Competitive Dashboard
14.2 Global Medical Furniture Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Herman Miller
14.3.2 Getinge
14.3.3 Steelcase
14.3.4 Albert Massaad
14.3.5 Narang
14.3.6 Ocura
14.3.7 Paramount Bed
14.3.8 Hill-Rom
14.3.9 Stryker
14.3.10 Linet Group
14.3.11 Stiegelmeyer
14.3.12 Joerns
14.3.13 ArjoHuntleigh
14.3.14 France Bed
14.3.15 Pardo
14.3.16 Guldmann
14.3.17 Merivaara
14.3.18 Med-Mizer
14.3.19 Bazhou Greatwall
14.3.20 SjzManyou
14.3.21 HbYangguang
14.3.22 BjKangtuo
14.3.23 Haohan
