Hospital furniture market Research Report Information By Type (Bedside Tables, Ot Table, Instrument Stands, Stretchers, Hospital Beds, Chairs, Scrub Sinks, Waste Container, Trolley And Others), By Application (Physician Furniture, Patient’s Furniture And Staff’s Furniture), By End Users (Hospitals, Diagnostic Centers, Clinics And Others), And By Region (North America, Europe, Asia-Pacific, And Rest Of The World) –Market Forecast Till 2032

Global Hospital Furniture Market Overview

Hospital furniture market size was valued at USD 7.8 billion in 2021 and is projected to grow from USD 8.5 Billion in 2022 to USD 18.9 billion by 2032, exhibiting a compound annual growth rate (CAGR) of 9.7% during the forecast period (2022 - 2032). Increasing prevalence of various chronic diseases and rising patient expectations of hospital infrastructure are the key market drivers enhancing the market growth.

Source: Secondary Research, Primary Research, MRFR Database and Analyst Review

Hospital Furniture Market Trends

• Increasing the number of hospitals and clinics around the world to increase market growth

There are numerous important growth drivers in the hospital furniture market. The primary drivers of these markets ensure the hospital furniture market's current and future growth. The primary cause for market expansion is the growing number of hospitals and clinics around the world. To avoid another pandemic, the government is attempting to create an increasing number of hospitals. During the projected period, the demand for more advanced hospitals and clinics will be the primary driver of hospital furniture market demand. The efforts of the government to update existing hospital infrastructure are also a major driving force in the hospital furniture business.

People with impairments will increasingly require mobility equipment to carry out their regular activities as elderly illnesses usually coincide with obesity and paralysis. As a result, the need for therapy, as well as bariatric wheelchairs, mobility scooters, and other bariatric mobility and assistive equipment, is expected to increase as obesity and lifestyle-related impairments among the elderly rise. As a result of an increase in the global impaired population, the hospital furniture market is predicted to develop over the forecast period.

However, growing medical furniture costs, among other things, may stifle market expansion and will be a significant obstacle to market growth during the forecast period.

Hospital Furniture Market Segment Insights

Hospital Furniture Type Insights

The hospital furniture market segmentation, based on type, includes Bedside Tables, Ot Table, Instrument Stands, Stretchers, Hospital Beds, Chairs, Scrub Sinks, Waste Container, Trolley and others. The beds segment commanded the market share. The hospital beds section is further subdivided into ICU beds, fowler beds, ordinary hospital beds, pediatric beds, maternity beds, and others. The hospital beds segment is likely to be driven by rising demand for ICU beds as the prevalence of chronic diseases necessitates critical care services throughout the forecast period. Furthermore, due to the increasing number of bariatric procedures and the growing senior population, electrical or powered beds are favored over simple beds from private hospitals.

The hospital chairs sector has achieved the second position by collecting market share in 2022. Examining chairs, birthing chairs, dialysis chairs, ophthalmology chairs, ENT chairs, dentistry chairs, pediatric chairs, bariatric chairs, and geriatric chairs are among the chairs available. The increased demand for rehabilitation chairs, which include pediatric, bariatric, and geriatric chairs used for patient washing, positioning, and mobility, is likely to propel the chairs industry.

Hospital Furniture Application Insights

The hospital furniture market segmentation, based on application, includes Physician, Furniture, Patient’s Furniture and Staff’s Furniture. The market for patient furniture such as examination sofas, examination lights, drawers, benches, bedside tables, over-bed tables, and chairs is extremely large. The hospital furniture market is primarily driven by easier product maintenance. Furthermore, the CAGR for physician's furniture is predicted to be the greatest during the forecast period. Examining tables, surgical chairs, and other types of physician furniture are available. Examination tables are predicted to rise during the projection period because to rising patient footfall in larger hospitals, growing concern for patient safety and mobility, and offering appropriate support during medical examinations.

Figure 2: Hospital furniture market, by application, 2021 & 2032(USD Billion)

Source: Secondary Research, Primary Research, MRFR Database and Analyst Review

Hospital Furniture End User Insights

Based on End Users, the global Hospital Furniture industry has been segmented into Hospitals, Diagnostic Centers and Clinics. The hospitals and specialty clinics category led the market, accounting for 55.0% of total revenue. The expanding number of hospitals is driving the segment's growth due to the increased demand for furnishings. Strong rivalry has raised market demand for various types of furniture, leading to technological advancements in furniture-attached gadgets for hospitals. Furthermore, the segment is expected to grow because to an aging population, a high prevalence of chronic diseases, a growth in COVID-19 hospitalizations, and an increase in hospitals with modern infrastructure, furnishings, and technology. Hospitals provide better care to patients and pay for specific operations, both of which help the segment grow.

Hospital Furniture Regional Insights

By Region, the study provides the market insights into North America, Europe, Asia-Pacific and Rest of the World. This is expected to increase demand for hospital furniture due to the rising prevalence of chronic conditions such as obesity, diabetes, and cardiac arrest, which may result in hospitalizations.

Further, the major countries studiedin the market reportare: The U.S, Canada, Germany, France, UK, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil.

Figure 3: HOSPITAL FURNITURE MARKET SHARE BY REGION 2021 (%)

Source: Secondary Research, Primary Research, MRFR Database and Analyst Review

Europe Hospital Furniture Market accounts for the second-largest market share, because it has its fair share of hospitals and clinics, as well as government efforts to provide better healthcare facilities to the people of this region. Further, the Germany Hospital Furniture Market held the largest market share, and the UK Hospital Furniture Market was the fastest growing market in the European region

The Asia-Pacific Hospital Furniture Market is expected to grow at the fastest CAGR from 2022 to 2030. This is due to the healthcare industry's infrastructure development. Other factors that are anticipated to contribute to the market growth in this area include the rising geriatric population and spending on healthcare services. Moreover, China Hospital Furniture Market held the largest market share, and the India Hospital Furniture Market was the fastest growing market in the Asia-Pacific region

Hospital Furniture Key Market Players & Competitive Insights

Major market players are investing heavily in R&D to expand their product lines, which will aid in the growth of the Hospital Furniture Market. Key market developments include new product releases, contractual agreements, mergers and acquisitions, increased investments, and collaboration with other companies. To expand and survive in a more competitive and rising market climate, competitors in the hospital furniture sector must offer cost-effective products.

One of the key business tactics used by manufacturers in the worldwide hospital furniture industry to benefit clients and develop the market sector is to manufacture locally to lower operating costs. In recent years, the hospital Furniture sector has supplied medicine with some of the most significant benefits. Major players in the Hospital Furniture Market are STERIS, SKYTRON LLC, Herman Miller Furniture, Invacare Corporation, Kovonax, Getinge AB, Stiegelmeyer GmbH & Co. KG, BSI, Groupe Eloi, Hill-Rom Services, Inc., Stryker, and LINET.

Invacare Corporation is a manufacturer and distributor of non-acute medical equipment such as wheelchairs, mobility scooters, walkers, pressure care and positioning, and respiratory products in the United States. The company, headquartered in Elyria, Ohio, currently sells its goods to over 80 nations worldwide. In October 2018, Invacare launched Ocean Ergo, with six modular shower chair commodes specifically designed to improve user independence, comfort, and safety, which helped them expand their medical portfolio.

Hill-Rom is a wholly owned subsidiary of Baxter. It was previously a part of Hill-Rom Holdings, Inc., which was historically a part of Hillenbrand Industries until that company separated its medical equipment division from their casket business in 2008. Their corporate headquarters are located in Chicago, Illinois. In December 2018, Hill-Rom Services Inc. introduced a new smart bed that will integrate with the Early Sense monitoring system.

Key Companies in the Hospital Furniture Market includes

• Stryker Corporation


• Bio Medical Solutions


• GPC Medical


• Invacare Corporation


• ARJO AB


• Steris Plc.


• Medline Industries, Inc.


• Hill-Rom Holdings, Inc.


• Narang Medical


• Hill-Rom


• Herman Miller Furniture


• Kovonox


• Getinge AB among others

Hospital Furniture Industry Developments

In May 2018: LINET Ltd. showcased its innovations in Hong Kong under the auspices of HK Medical Devices and Supplies, which enabled it to speak directly to its target market. Additionally, this tactic broadened the company's present medical furniture product choices.

In December 2020: The surgical table GS70 Salus was released by Skytron Supplies, a significant player in the market. According to reports, this table is the organization's debut offering from its Guardian Series product line. The table offers distinctive and sophisticated characteristics that would not only satisfy the needs of the operation but also keep consumers updated with its digital features.

In October 2018: Invacare, Inc. released the Ocean Ergo product. It contains six shower chair commodes that are modular and are made for comfort, safety, and user independence. The introduction of Ocean Ergo as a product further aided Invacare, Inc. in broadening the scope of its current line of medical furniture.

Hospital Furniture Market Segmentation

Hospital Furniture Type Outlook

• Bedside Tables


• Ot Table


• Instrument Stands


• Stretchers


• Hospital Beds


• Chairs


• Scrub Sinks


• Waste Container


• Trolley

Hospital Furniture Application Outlook

• Physician Furniture


• Patient’s Furniture And Staff’s Furniture

Hospital Furniture End User Outlook

• Hospitals


• Diagnostic Centres


• Clinics

Hospital Furniture Regional Outlook

• North America
  
  
  
  • US
  
  
  • Canada
  
  
  
  


• Europe
  
  
  
  • Germany
  
  
  • France
  
  
  • UK
  
  
  • Italy
  
  
  • Spain
  
  
  • Rest of Europe
  
  
  
  


• Asia-Pacific
  
  
  
  • China
  
  
  • Japan
  
  
  • India
  
  
  • Australia
  
  
  • South Korea
  
  
  • Australia
  
  
  • Rest of Asia-Pacific
  
  
  
  


• Rest of the World
  
  
  
  • Middle East
  
  
  • Africa
  
  
  • Latin America
  
  
  
  

Report Scope:

Report Attribute/Metric	Details
Market Size 2021	USD 7.8 billion
Market Size 2022	USD 8.5 billion
Market Size 2032	USD 18.9 billion
Compound Annual Growth Rate (CAGR)	9.7% (2022-2032)
Base Year	2021
Market Forecast Period	2022-2032
Historical Data	2018 & 2020
Market Forecast Units	Value (USD Billion)
Report Coverage	Revenue Forecast, Market Competitive Landscape, Growth Factors, and Trends
Segments Covered	Type, Application, End User and Region
Geographies Covered	North America, Europe, AsiaPacific, and Rest of the World
Countries Covered	The U.S, Canada, Germany, France, UK, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil
Key Companies Profiled	Stryker Corporation, Hill-Rom Bio Medical Solutions  GPC Medical  Narang Medical,    and others.
Key Market Opportunities	mergers and acquisitions, joint ventures, strategic alliances, the development of new products, and research and development
Key Market Dynamics	Increased patient expectations of hospital infrastructure and increased frequency of various chronic conditions

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