Hospital Furniture Market Research Report - Forecast to 2027

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
Number of hospital beds before

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 (%)