The global healthcare furniture market is expected to exhibit moderate growth during 2021-2026. Healthcare furniture is one of the key components of health management and infrastructure. It includes various products such as hospital beds, examination and bedside tables, recliners, recovery couches, cabinets, etc. These products find extensive usage in clinics, hospitals, nursing homes, health care facilities and diagnostic centres. It is widely believed that a well-designed set of furniture helps in improving the mood of the patient, which consequently influences the health and speed of recovery. At the same time, it aids in reducing work-related stress, monotony and risks of errors, thus creating a comfortable and conducive work environment for healthcare professionals.
An increasing number of specialty clinics and hospitals, along with the growing prevalence of chronic disorders across the globe is the key factor driving the growth of the market. Furthermore, the market is impacted by the ever-increasing number of physically challenged individuals who need high-quality medical assistance. Additionally, an increasing number of fatal injury cases owing to factors such as rising road accidents has also created a positive outlook for the market. Any kind of fatal injury requires the involvement of surgery and other related medical procedure, which prolongs the hospital stay for the patient. This has consequently accelerated the demand for comfortable healthcare furniture for both the patients and their family members. This has also led to the need for renovating the existing healthcare infrastructure of several healthcare facilities across the globe. Moreover, continuous technological developments and the launch of innovative product variants such as the introduction of motorized stretcher chairs, mattress are also projected to favor the growth of the market. Other factors including rapid urbanization, rising disposable income and increasing per capita health care expenditures across the globe are also contributing significantly to the market growth. Looking forward, the global healthcare furniture market to grow at a CAGR of around 5% during the forecast period (2021-2026).
IMARC Group’s latest report provides a deep insight into the global healthcare furniture market covering all its essential aspects. This ranges from macro overview of the market to micro details of the industry performance, recent trends, key market drivers and challenges, SWOT analysis, Porter’s five forces analysis, value chain analysis, etc. This report is a must-read for entrepreneurs, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the healthcare furniture market in any manner.
Report Coverage:
- Historical, Current and Future Market Trends
- Market Breakup by Furniture Type:
- Beds
- Chairs
- Bedside and Operating Tables
- Others
- Market Breakup by Sector:
- Market Breakup by Application:
- Hospitals and Clinics
- Diagnostic Centres
- ASCs (Ambulatory Surgical Centres)
- Homecare Settings
- Others
- Market Breakup by Material:
- Wood
- Metal
- Plastic
- Others
- Market Breakup by Distribution Channel:
- Direct Sales
- Distributors and Dealers
- Others
- Market Breakup by Region:
- North America
- Europe
- Asia Pacific
- Middle East and Africa
- Latin America
Competitive Landscape:
The report has also analysed the competitive landscape of the market and provides the profiles of the key players operating in the industry.
Key Questions Answered in This Report:
The global healthcare furniture market size was valued at US$ 6.70 Billion in 2020.
According to the estimates by IMARC Group, the global healthcare furniture market is expected to witness a CAGR of 5% from 2021 to 2026.
The increasing number of specialty clinics and hospitals along with growing prevalence of several chronic diseases that require surgeries and hospital admissions, represent some of the key drivers for the global healthcare furniture market.
Several technological advancements have led to the launch of innovative product variants, such as motorized stretcher chairs, thereby representing one of the key trends in the global healthcare furniture market.
Sudden outbreak of the COVID-19 pandemic had led to the surging hospital admissions due to the increasing number of coronavirus infected patients across the globe, thereby augmenting the demand for healthcare furniture.
On the basis of the furniture type, the market has been classified into beds, chairs, bedside and operating tables, and others. Amongst these, beds hold the largest market share.
On the basis of the sector, the market has been bifurcated into public and private. At present, the public sector exhibits a clear dominance in the market.
On the basis of the material, the market has been classified into wood, metal, plastic, and others. Currently, metal accounts for the majority of the total market share.
On the basis of the distribution channel, the market has been divided into direct sales, distributors and dealers, and others. Currently, direct sales account for the majority of the total market share.
Region-wise, the market has been classified into North America, Europe, Asia Pacific, Middle East and Africa, and Latin America, where North America dominates the global market.
1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global Healthcare Furniture Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Breakup by Furniture Type
5.5 Market Breakup by Sector
5.6 Market Breakup by Application
5.7 Market Breakup by Material
5.8 Market Breakup by Distribution Channel
5.9 Market Breakup by Region
5.10 Market Forecast
6 Market Breakup by Furniture Type
6.1 Beds
6.1.1 Market Trends
6.1.2 Market Forecast
6.2 Chairs
6.2.1 Market Trends
6.2.2 Market Forecast
6.3 Bedside and Operating Tables
6.3.1 Market Trends
6.3.2 Market Forecast
6.4 Others
6.4.1 Market Trends
6.4.2 Market Forecast
7 Market Breakup by Sector
7.1 Public
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 Private
7.2.1 Market Trends
7.2.2 Market Forecast
8 Market Breakup by Application
8.1 Hospitals and Clinics
8.1.1 Market Trends
8.1.2 Market Forecast
8.2 Diagnostic Centres
8.2.1 Market Trends
8.2.2 Market Forecast
8.3 ASCs (Ambulatory Surgical Centres)
8.3.1 Market Trends
8.3.2 Market Forecast
8.4 Homecare Settings
8.4.1 Market Trends
8.4.2 Market Forecast
8.5 Others
8.5.1 Market Trends
8.5.2 Market Forecast
9 Market Breakup by Material
9.1 Wood
9.1.1 Market Trends
9.1.2 Market Forecast
9.2 Metal
9.2.1 Market Trends
9.2.2 Market Forecast
9.3 Plastic
9.3.1 Market Trends
9.3.2 Market Forecast
9.4 Others
9.4.1 Market Trends
9.4.2 Market Forecast
10 Market Breakup by Distribution Channel
10.1 Direct Sales
10.1.1 Market Trends
10.1.2 Market Forecast
10.2 Distributors and Dealers
10.2.1 Market Trends
10.2.2 Market Forecast
10.3 Others
10.3.1 Market Trends
10.3.2 Market Forecast
11 Market Breakup by Region
11.1 North America
11.1.1 Market Trends
11.1.2 Market Forecast
11.2 Europe
11.2.1 Market Trends
11.2.2 Market Forecast
11.3 Asia Pacific
11.3.1 Market Trends
11.3.2 Market Forecast
11.4 Middle East and Africa
11.4.1 Market Trends
11.4.2 Market Forecast
11.5 Latin America
11.5.1 Market Trends
11.5.2 Market Forecast
12 SWOT Analysis
12.1 Overview
12.2 Strengths
12.3 Weaknesses
12.4 Opportunities
12.5 Threats
13 Value Chain Analysis
14 Porters Five Forces Analysis
14.1 Overview
14.2 Bargaining Power of Buyers
14.3 Bargaining Power of Suppliers
14.4 Degree of Competition
14.5 Threat of New Entrants
14.6 Threat of Substitutes
15 Price Analysis
15.1 Key Price Indicators
15.2 Price Structure
15.3 Margin Analysis
16 Competitive Landscape
16.1 Market Structure
16.2 Key Players
16.3 Profiles of Key Players
List of Figures
Figure 1: Global: Healthcare Furniture Market: Major Drivers and Challenges
Figure 2: Global: Healthcare Furniture Market: Sales Value (in Billion US$), 2015-2020
Figure 3: Global: Healthcare Furniture Market: Breakup by Furniture Type (in %), 2020
Figure 4: Global: Healthcare Furniture Market: Breakup by Sector (in %), 2020
Figure 5: Global: Healthcare Furniture Market: Breakup by Application (in %), 2020
Figure 6: Global: Healthcare Furniture Market: Breakup by Material (in %), 2020
Figure 7: Global: Healthcare Furniture Market: Breakup by Distribution Channel (in %), 2020
Figure 8: Global: Healthcare Furniture Market: Breakup by Region (in %), 2020
Figure 9: Global: Healthcare Furniture Market Forecast: Sales Value (in Billion US$), 2021-2026
Figure 10: Global: Healthcare Furniture Industry: SWOT Analysis
Figure 11: Global: Healthcare Furniture Industry: Value Chain Analysis
Figure 12: Global: Healthcare Furniture Industry: Porter’s Five Forces Analysis
Figure 13: Global: Healthcare Furniture (Beds) Market: Sales Value (in Million US$), 2015 & 2020
Figure 14: Global: Healthcare Furniture (Beds) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 15: Global: Healthcare Furniture (Chairs) Market: Sales Value (in Million US$), 2015 & 2020
Figure 16: Global: Healthcare Furniture (Chairs) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 17: Global: Healthcare Furniture (Bedside and Operation Tables) Market: Sales Value (in Million US$), 2015 & 2020
Figure 18: Global: Healthcare Furniture (Bedside and Operation Tables) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 19: Global: Healthcare Furniture (Others) Market: Sales Value (in Million US$), 2015 & 2020
Figure 20: Global: Healthcare Furniture (Others) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 21: Global: Healthcare Furniture (Public) Market: Sales Value (in Million US$), 2015 & 2020
Figure 22: Global: Healthcare Furniture (Public) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 23: Global: Healthcare Furniture (Private) Market: Sales Value (in Million US$), 2015 & 2020
Figure 24: Global: Healthcare Furniture (Private) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 25: Global: Healthcare Furniture (Hospitals and Clinics) Market: Sales Value (in Million US$), 2015 & 2020
Figure 26: Global: Healthcare Furniture (Hospitals and Clinics) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 27: Global: Healthcare Furniture (Diagnostic Centres) Market: Sales Value (in Million US$), 2015 & 2020
Figure 28 Global: Healthcare Furniture (Diagnostic Centres) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 29: Global: Healthcare Furniture (ASCs- Ambulatory Surgical Centers) Market: Sales Value (in Million US$), 2015 & 2020
Figure 30: Global: Healthcare Furniture (ASCs- Ambulatory Surgical Centers) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 31: Global: Healthcare Furniture (Homecare Settings) Market: Sales Value (in Million US$), 2015 & 2020
Figure 32: Global: Healthcare Furniture (Homecare Settings) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 33: Global: Healthcare Furniture (Others) Market: Sales Value (in Million US$), 2015 & 2020
Figure 34: Global: Healthcare Furniture (Others) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 35: Global: Healthcare Furniture (Wood Based) Market: Sales Value (in Million US$), 2015 & 2020
Figure 36: Global: Healthcare Furniture (Wood Based) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 37: Global: Healthcare Furniture (Metal Based) Market: Sales Value (in Million US$), 2015 & 2020
Figure 38: Global: Healthcare Furniture (Metal Based) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 39: Global: Healthcare Furniture (Plastic Based) Market: Sales Value (in Million US$), 2015 & 2020
Figure 40: Global: Healthcare Furniture (Plastic Based) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 41: Global: Healthcare Furniture (Other Materials) Market: Sales Value (in Million US$), 2015 & 2020
Figure 42: Global: Healthcare Furniture (Other Materials) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 43: Global: Healthcare Furniture Market: Direct Sales (in Million US$), 2015 & 2020
Figure 44: Global: Healthcare Furniture Market Forecast: Direct Sales (in Million US$), 2021-2026
Figure 45: Global: Healthcare Furniture Market: Sales through Distributors and Dealers (in Million US$), 2015 & 2020
Figure 46: Global: Healthcare Furniture Market Forecast: Sales through Distributors and Dealers (in Million US$), 2021-2026
Figure 47: Global: Healthcare Furniture Market: Sales through Other Channels (in Million US$), 2015 & 2020
Figure 48: Global: Healthcare Furniture Market Forecast: Sales through Other Channels (in Million US$), 2021-2026
Figure 49: North America: Healthcare Furniture Market: Sales Value (in Million US$), 2015 & 2020
Figure 50: North America: Healthcare Furniture Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 51: Europe: Healthcare Furniture Market: Sales Value (in Million US$), 2015 & 2020
Figure 52: Europe: Healthcare Furniture Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 53: Asia Pacific: Healthcare Furniture Market: Sales Value (in Million US$), 2015 & 2020
Figure 54: Asia Pacific: Healthcare Furniture Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 55: Middle East and Africa: Healthcare Furniture Market: Sales Value (in Million US$), 2015 & 2020
Figure 56: Middle East and Africa: Healthcare Furniture Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 57: Latin America: Healthcare Furniture Market: Sales Value (in Million US$), 2015 & 2020
Figure 58: Latin America: Healthcare Furniture Market Forecast: Sales Value (in Million US$), 2021-2026
List of Tables
Table 1: Global: Healthcare Furniture Market: Key Industry Highlights, 2020 and 2026
Table 2: Global: Healthcare Furniture Market Forecast: Breakup by Furniture Type (in Million US$), 2021-2026
Table 3: Global: Healthcare Furniture Market Forecast: Breakup by Sector (in Million US$), 2021-2026
Table 4: Global: Healthcare Furniture Market Forecast: Breakup by Application (in Million US$), 2021-2026
Table 5: Global: Healthcare Furniture Market Forecast: Breakup by Material (in Million US$), 2021-2026
Table 6: Global: Healthcare Furniture Market Forecast: Breakup by Distribution Channel (in Million US$), 2021-2026
Table 7: Global: Healthcare Furniture Market Forecast: Breakup by Region (in Million US$), 2021-2026
Table 8: Global: Healthcare Furniture Market: Competitive Structure
Table 9: Global: Healthcare Furniture Market: Key Players