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Global Healthcare Furniture Market to Reach US$ 8.7 Billion by 2025, Spurred by Rising Prevalence of Chronic Diseases

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Healthcare Furniture Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026

Market Overview:

The global healthcare furniture market reached a value of US$ 6.7 Billion in 2020. Looking forward, IMARC Group expects the market to grow at a CAGR of around 5% during 2021-2026. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use sectors. These insights are included in the report as a major market contributor.

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.

Global Healthcare Furniture Market Trends:

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. 

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.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the global healthcare furniture market, along with forecasts at the global and regional level from 2021-2026. Our report has categorized the market based on furniture type, sector, application, material and distribution channel.

Breakup by Furniture Type:

  • Beds
  • Chairs
  • Bedside and Operating Tables
  • Others

 

Breakup by Sector:

  • Public
  • Private

 

Breakup by Application:

  • Hospitals and Clinics
  • Diagnostic Centres
  • ASCs (Ambulatory Surgical Centres)
  • Homecare Settings
  • Others

 

Breakup by Material:

  • Wood
  • Metal
  • Plastic
  • Others

 

Breakup by Distribution Channel:

  • Direct Sales
  • Distributors and Dealers
  • Others

 

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.

Report Coverage:

Report Features Details
Base Year of the Analysis 2020
Historical Period 2015-2020
Forecast Period 2021-2026
Units US$ Billion
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
Report Price and Purchase Option Single User License: US$ 2299
Five User License: US$ 3399
Corporate License: US$ 4499
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)

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

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Key Question 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% during 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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