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The global medical furniture market size attained a value of about USD 7.71 billion in 2023, driven by the growing medical institutions and the rising preference for metal medical furniture due to advantages like durability, aesthetically appealing, safe, and easy to clean. The market is further expected to grow at a CAGR of 5.6% during the forecast period of 2024-2032 to reach nearly USD 12.59 billion by 2032.
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Metal is increasingly becoming a preferred choice of material for hospital furniture owing to the various advantages offered by this type of material. Metal medical furniture is durable, safe, strong, aesthetic, environment-friendly, pest resistant and space-smart. In addition, the affordability and low maintenance of the product are bolstering the adoption of metal as a material for medical furniture. Additionally, metal-based medical beds and chairs can be cleaned using regular soap and water. As a result, these are some of the factors pushing the growth of the market.
The medical furniture industry in North America is driven by the strong healthcare infrastructure in the United States of America and Canada, coupled with the favourable medical care policies for both private and public sector employees. The government's growing efforts in these nations to provide better access to the geriatric population is further anticipated to augment the market in the forecast period. Furthermore, the strong foothold of the key industry players in the region is likely to provide impetus to the regional market.
Medical furniture is defined as a movable article that is used in healthcare centres, such as hospitals, nursing homes, and clinics, to bolster the comfort of the patients and visitors. Some important medical furniture includes a hospital trolley, hospital stand, hospital table, and hospital chair, among others.
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Based on product type, the market can be segmented into:
By material, the medical furniture industry is divided into:
On the basis of sector, the market is segmented into:
The different applications of medical furniture include:
The EMR report looks into the regional markets for medical furniture like North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
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The rising application of medical furniture in hospitals, diagnostic centres, and ambulatory surgical centres is driving the market. The rising hospitalisation rates, owing to the increasing prevalence of chronic cases such as cancer, diabetes mellitus, and cardiovascular diseases, among others, is likely to propel the demand for medical furniture in the healthcare centres. In addition, the global market benefitted from the insurgence of the coronavirus pandemic, which augmented hospitalisation and boosted the demand for beds, chairs, and stretchers, among others. Further, growing efforts by the healthcare authorities to expand the diagnosis and medical examination processes are some of the factors shaping the growth of the market. Furthermore, the rapid development of hospitals and nursing homes in the emerging economies of the world is expected to provide impetus to the market growth.
The report gives a detailed analysis of the following key players in the global medical furniture market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:
The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis.
REPORT FEATURES | DETAILS |
Base Year | 2023 |
Historical Period | 2018-2023 |
Forecast Period | 2024-2032 |
Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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Breakup by Product Type |
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Breakup by Material |
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Breakup by Sector |
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Breakup by End User |
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Breakup by Region |
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Market Dynamics |
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Competitive Landscape |
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Companies Covered |
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Report Price and Purchase Option | Explore our purchase options that are best suited to your resources and industry needs. |
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*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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In 2023, the global market for medical furniture attained a value of USD 7.71 billion.
The market is anticipated to grow at a CAGR of 5.6% during the forecast period of 2024-2032 to reach a value of USD 12.59 billion by 2032.
The major regions in the industry are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.
The market is being driven by the growing medical institutions and the rising preference for metal medical furniture due to advantages like durability, aesthetically appealing, safe, and easy to clean.
The key market trend guiding the growth of the industry include the growing R&D activities to develop superior quality medical infrastructure in healthcare centres.
The major product types of medical furniture are beds, chairs, bedside and operating tables, trolleys and stretchers, and cabinets and lockers, among others.
The different materials of medical furniture include wood, metal, and plastics, among others.
The significant sectors of medical furniture include public and private sectors.
The different applications of medical furniture are hospitals and clinics, diagnostic centre, and ambulatory surgical centre, among others.
The major players in the industry are Getinge AB, Hill-Rom Services, Inc., Stiegelmeyer GmbH & Co. KG, Stryker Corporation, Covonex, Herman Miller Furniture, NAUSICAA Medical, Drive DeVilbiss Healthcare, Steris Plc, ARJO AB, Invacare Corporation.
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Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
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United States (Head Office)
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Australia
63 Fiona Drive, Tamworth, NSW
+61 448 06 17 27
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-858-608-1494
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.
+63 287899028, +63 967 048 3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84865399124
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