Global Healthcare Furniture Market to Reach USD 11.7 Billion by 2033, Spurred by Rising Prevalence of Chronic Diseases

November 07, 2024 | Retail

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According to the latest report by IMARC Group, titled "Healthcare Furniture Market Report by Furniture Type (Beds, Chairs, Bedside and Operating Tables, and Others), Sector (Public, Private), Application (Hospitals and Clinics, Diagnostic Centres, ASCs (Ambulatory Surgical Centres), Homecare Settings, and Others), Material (Wood, Metal, Plastic, and Others), Distribution Channel (Direct Sales, Distributors and Dealers, and Others), and Region 2025-2033," the global healthcare furniture market size reached USD 7.9 Billion in 2024. Healthcare furniture, a key component of health management and infrastructure, includes various products, such as hospital beds, examination and bedside tables, recliners, recovery couches and cabinets. They are widely used across clinics, hospitals, nursing homes, healthcare facilities and research institutes. Well-designed furniture aids in improving the mood of the patient, which directly influences their health and speeds up their recovery process. These pieces of furniture also enhance the productivity of the doctors and staff members while reducing work-related stress, monotony and risk of errors. Healthcare furniture helps in creating a conducive, comforting and reassuring ambiance that assists in motivating the staff to provide more attentive care, thus creating a positive experience for the patient and family members.

Global Healthcare Furniture Market Trends:

The market is primarily driven by the growing prevalence of chronic disorders across the globe. This can be attributed to the confluence of various factors, including hectic lifestyle, shifting dietary patterns and the rising demand for convenience food. Furthermore, there is an increasing requirement for the establishment of numerous specialty clinics, private healthcare facilities and hospitals with excellent infrastructure, including comfortable and high-quality healthcare furniture. This is owing to the ever-increasing number of physically challenged individuals and geriatric patients with fatal diseases who require high-quality healthcare facilities for a prolonged period. Governments of various countries are also investing in the healthcare sector to improve and modernize the existing infrastructure, which is providing a thrust to the market growth. Moreover, continuous technological developments, such as the introduction of motorized stretcher chairs, along with rapid urbanization, inflating disposable income levels and increasing per capita healthcare expenditure of various nations, are also projected to influence the growth of the market. On account of the aforementioned factors, the market is anticipated to reach a value of USD 11.7 Billion by 2033, expanding at a CAGR of 4.38% during 2025-2033.

Market Summary:

On the basis the furniture type, the market has been divided into beds, chairs, bedsides and operating tables, and others, wherein beds exhibit a clear dominance in the market.
Based on the sector, the market has been bifurcated into public and private, wherein the private sector dominates the market share.
On the basis of the application, hospitals and clinics represent the largest application segment. Some of the other segments include diagnostic centres, ambulatory surgical centres (ASCs), homecare settings and others.
Based on the material, the market is classified into wood, metal, plastic and others. At present, wood is the most preferred material.
On the basis of the distribution channel, direct sales account for the majority of the total market share.
On the geographical front, North America holds the leading position in the market. Other major regions include Asia Pacific, Europe, Middle East and Africa, and Latin America.
The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.

Report Coverage:

Report Features	Details
Base Year of the Analysis	2024
Historical Period	2019-2024
Forecast Period	2025-2033
Units	Billion USD
Segment Coverage	Furniture Type, Sector, Application, Material, Distribution Channel, Region
Region Covered	Asia Pacific, Europe, North America, Latin America, Middle East and Africa
Customization Scope	10% Free Customization
Post-Sale Analyst Support	10-12 Weeks
Delivery Format	PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

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Global Healthcare Furniture Market to Reach USD 11.7 Billion by 2033, Spurred by Rising Prevalence of Chronic Diseases

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