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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.
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