Hospital Furniture Market Research Report, By Type (Bedside Tables, Ot Table, Instrument Stands, Stretchers, Hospital Beds, Chairs, Scrub Sinks, Waste Container, Trolley), Application (Physician Furniture, Patient’s Furniture And Staff’s Furniture), End Users (Hospitals, Diagnostic Centres, Clinics)- Global Forecast Till 2027
ID: MRFR/MED/0501-HCR | February 2021 | Region: Global | 105 pages
Impact of covid-19 on the Hospital Furniture Market
We have observed the massive impact of novel coronavirus on people’s lives over the last five months. It has also impacted various industries across the globe, eventually affecting the global economy. Some industries have experienced negative growth, whereas some industries have experienced tremendous demand and have generated massive revenues in this period. One of such positively impacted sector is hospital furniture and equipment.
It will be inaccurate to say that before COVID-19, all the healthcare systems across the world had adequate hospital infrastructure to support the respective patient population. However, some of the developed countries like the US, Canada, Germany, the UK, and Japan had enough resources to manage and treat the patient population.
The World Health Organization declared COVID-19 a pandemic and global emergency in March 2020. By this time, the affected population was in thousands, which led to massive shortage in hospital furniture, including hospital beds, ICU beds, stretchers, wheelchairs, sanitation tools, and emergency workstations.
None of the healthcare systems were equipped with enough resources to support such a sudden rise in the hospitalization of patients.
Number of hospital beds before COVID-19 in majorly affected countries
Source: OECD, MRFR Analysis
Even though the cumulative number about the total number of bed usage post COVID-19 is not available at the moment, it is estimated that the requirement of the hospital beds, including critical care beds and ICU beds, has increased by at least ten folds in these majorly affected countries.
- Statistics of hospital furniture in india
According to the data obtained from the National Health Profile (NHP),
- The public health facilities in India had about 700,000 hospital beds.
- Considering both government and private hospitals, India has approximately 1.9 million hospital beds, 95 thousand ICU beds, and 48 thousand ventilators.
- Critical care beds constitute 5–8% of total hospital beds at large medical facilities in India.
- ICU beds constitute around 5% of hospital bed count in both public and private sector hospitals in India.
- Approximately 50% of ICU beds are equipped with ventilators.
Initiatives taken by NON-HEALTHCARE sectors to fight back covid-19
- IT giant Wipro announced on May 5th that it has signed a memorandum of understanding with Maharashtra (India) government to repurpose its Pune IT facility into 450-bed COVID-19 hospital.
- Huge sports complexes and stadiums like Arthur Ashes Stadium (New York) and its training center, consisting of 12 outdoor tennis courts, have been converted into a 350-bed facility to fight COVID-19.
- Telangana (India) government has converted a 14-storeyed sports tower at Gachibowli Stadium into the 1,500-bed facility.
- Iran had built a temporary 2,000-bed hospital for COVID-19 patients inside Tehran's international exhibition center.
- Ikea US donated USD 1.6 million-plus in products, supplies to COVID-19 relief efforts.
The list mentioned above is only the tip of the iceberg, and many initiatives such as these are being taken all over the world. As makeshift hospitals are being built in each country, the requirement for hospital furniture has skyrocketed ever since, and several NGOs and private companies have organized fundraising events to fulfill the requirement of the required medical supplies.
TABLE OF CONTENTS
1 REPORT PROLOGUE
2 MARKET INTRODUCTION
2.1 INTRODUCTION
2.2 SCOPE OF STUDY
2.3 RESEARCH OBJECTIVE
2.4 ASSUMPTIONS & LIMITATIONS
2.4.1 ASSUMPTIONS
2.4.2 LIMITATIONS
3 RESEARCH METHODOLOGY
3.1 RESEARCH PROCESS
3.2 PRIMARY RESEARCH
3.3 SECONDARY RESEARCH
4 MARKET DYNAMICS
4.1 DRIVERS
4.2 RESTRAINTS
5 MARKET FACTOR ANALYSIS
5.1 PORTER’S FIVE FORCES MODEL
5.1.1 BARGAINING POWER OF SUPPLIERS
5.1.2 BARGAINING POWER OF BUYERS
5.1.3 THREAT OF NEW ENTRANTS
5.1.4 THREAT OF SUBSTITUTES
5.1.5 INTENSITY OF RIVALRY
5.2 SUPPLY CHAIN ANALYSIS
6. GLOBAL HOSPITAL FURNITURE MARKET BY TYPE
6.1 BEDSIDE TABLES
6.2 OT TABLE
6.3 INSTRUMENT STANDS
6.4 STRETCHERS
6.5 HOSPITAL BEDS
6.6 CHAIRS
6.7 SCRUB SINKS
6.8 WASTE CONTAINER
6.9 TROLLEY
6.10 OTHERS
7. GLOBAL HOSPITAL FURNITURE MARKET, BY APPLICATION
7.1 PHYSICIAN FURNITURE
7.1.1 EXAMINATION TABLE
7.1.2 SURGERY CHAIR
7.1.3 OTHER
7.2 PATIENT’S FURNITURE
7.2.1 STRETCHERS
7.2.2 BEDSIDE TABLE
7.2.3 OTHER
7.3 STAFF’S FURNITURE
7.3.1 STANDS
7.3.2 OTHER
8. GLOBAL HOSPITAL FURNITURE MARKET, BY END USERS
8.1 HOSPITAL
8.2 DIAGNOSTIC CENTRES
8.3 CLINICS
8.4 OTHER
9. GLOBAL HOSPITAL FURNITURE MARKET, BY REGION
9.1 INTRODUCTION
9.2 AMERICA
9.2.1 NORTH AMERICA
9.2.1.1 US
9.2.1.2 CANADA
9.2.2 SOUTH AMERICA
9.3 EUROPE
9.3.1 WESTERN EUROPE
9.3.1.1 GERMANY
9.3.1.2 UK
9.3.1.3 FRANCE
9.3.1.4 ITALY
9.3.1.5 SPAIN
9.3.1.6 REST OF WESTERN EUROPE
9.3.2 EASTERN EUROPE
9.4 ASIA-PACIFIC
9.4.1 JAPAN
9.4.2 CHINA
9.4.3 INDIA
9.4.4 AUSTRALIA
9.4.5 REPUBLIC OF KOREA
9.4.6 REST OF ASIA-PACIFIC
9.5 MIDDLE EAST & AFRICA
9.5.1 UNITED ARAB EMIRATES
9.5.2 SAUDI ARABIA
9.5.3 OMAN
9.5.4 KUWAIT
9.5.5 QATAR
9.5.6 REST OF MIDDLE EAST & AFRICA
10 COMPETITIVE LANDSCAPE
10.1 COST OF HOSPITAL FURNITURE
10.2 PRODUCTION CAPACITY OF MAJOR PLAYERS
11 COMPANY PROFILE
11.1 STRYKER
11.1.1 OVERVIEW
11.1.2 PRODUCT/BUSINESS SEGMENT OVERVIEW
11.1.3 FINANCIAL UPDATES
11.1.4 KEY DEVELOPMENTS
11.2 BIO MEDICAL SOLUTIONS
11.2.1 OVERVIEW
11.2.2 PRODUCT/BUSINESS SEGMENT OVERVIEW
11.2.3 FINANCIAL UPDATES
11.2.4 KEY DEVELOPMENTS
11.3 GPC MEDICAL
11.3.1 OVERVIEW
11.3.2 PRODUCT/BUSINESS SEGMENT OVERVIEW
11.3.3 FINANCIAL UPDATES
11.3.4 KEY DEVELOPMENT
11.4 CHANG GUNG MEDICAL TECHNOLOGY
11.4.1 OVERVIEW
11.4.2 PRODUCT/BUSINESS SEGMENT OVERVIEW
11.4.3 FINANCIAL UPDATES
11.4.4 KEY DEVELOPMENT
11.5 HILL-ROM
11.5.1 OVERVIEW
11.5.2 PRODUCT/BUSINESS SEGMENT OVERVIEW
11.5.3 FINANCIAL UPDATES
11.5.4 KEY DEVELOPMENTS
11.6 NARANG MEDICAL
11.6.1 OVERVIEW
11.6.2 PRODUCT/BUSINESS SEGMENT OVERVIEW
11.6.3 FINANCIAL UPDATES
11.6.4 KEY DEVELOPMENTS
11.7 OTHERS
12 CONCLUSION
12.1 KEY FINDINGS
12.1.1 FROM CEO’S VIEWPOINT
12.1.2 UNMET NEEDS OF THE MARKET
12.2 KEY COMPANIES TO WATCH
12.3 PREDICTION OF HOSPITAL FURNITURE INDUSTRY
13 APPENDIX
LIST OF TABLES
Table 1 Hospital Furniture Industry Synopsis, 2020-2027
Table 2 Global Hospital Furniture Market Estimates & Forecast, 2020-2027, (USD Million)
Table 3 Global Hospital Furniture Market, by Region, 2020-2027, (USD Million)
Table 4 Global Hospital Furniture Market, by Type, 2020-2027, (USD Million)
Table 5 Global Hospital Furniture Market, by Application, 2020-2027, (USD Million)
Table 6 Global Hospital Furniture Market, by End User, 2020-2027, (USD Million)
Table 7 Americas Hospital Furniture Market, by Type, 2020-2027, (USD Million)
Table 8 Americas Hospital Furniture Market, by Application, 2020-2027, (USD Million)
Table 9 Americas Hospital Furniture Market, by End User, 2020-2027, (USD Million)
Table 10 North America Hospital Furniture Market, by Type, 2020-2027, (USD Million)
Table 11 North America Hospital Furniture Market, by Application, 2020-2027, (USD Million)
Table 12 North America Hospital Furniture Market, by End User, 2020-2027, (USD Million)
Table 13 South America Hospital Furniture Market, by Type, 2020-2027, (USD Million)
Table 14 South America Hospital Furniture Market, by Application, 2020-2027, (USD Million)
Table 15 South America Hospital Furniture Market, by End User, 2020-2027, (USD Million)
Table 16 Europe Hospital Furniture Market, by Type, 2020-2027, (USD Million)
Table 17 Europe Hospital Furniture Market, by Application, 2020-2027, (USD Million)
Table 18 Europe Hospital Furniture Market, by End User, 2020-2027, (USD Million)
Table 19 Western Europe Hospital Furniture Market by Type, 2020-2027, (USD Million)
Table 20 Western Europe Hospital Furniture Market, by Application, 2020-2027, (USD Million)
Table 21 Western Europe Hospital Furniture Market, by End User, 2020-2027, (USD Million)
Table 22 Eastern Europe Hospital Furniture Market, by Type, 2020-2027, (USD Million)
Table 23 Eastern Europe Hospital Furniture Market, by Application, 2020-2027, (USD Million)
Table 24 Eastern Europe Hospital Furniture Market, by End User, 2020-2027, (USD Million)
Table 25 Asia Pacific Hospital Furniture Market, by Type, 2020-2027, (USD Million)
Table 26 Asia Pacific Hospital Furniture Market, by Application, 2020-2027, (USD Million)
Table 27 Asia Pacific Hospital Furniture Market, by End User, 2020-2027, (USD Million)
Table 28 Middle East & Africa Hospital Furniture Market, by Type, 2020-2027, (USD Million)
Table 29 Middle East & Africa Hospital Furniture Market, by Application, 2020-2027, (USD Million)
Table 30 Middle East & Africa Hospital Furniture Market, by End User, 2020-2027, (USD Million)
LIST OF FIGURES
Figure 1 Research Process
Figure 2 Segmentation for Global Hospital Furniture Market
Figure 3 Segmentation Market Dynamics for Hospital Furniture Market
Figure 4 Global Hospital Furniture Market Share, by Type, 2020
Figure 5 Global Hospital Furniture Market Share, by Application, 2020
Figure 6 Global Hospital Furniture Market Share, by End User, 2020
Figure 7 Global Hospital Furniture Market Share, by Region, 2020
Figure 8 Americas Hospital Furniture Market Share, by Country, 2020
Figure 9 Europe Hospital Furniture Market Share, by Country, 2020
Figure 10 Asia Pacific Hospital Furniture Market Share, by Country, 2020
Figure 11 Middle East & Africa Hospital Furniture Market Share, by Country, 2020
Figure 12 Global Hospital Furniture Market: Company Share Analysis, 2020 (%)