Hospital Furniture Market Projected to Discern Stable Expansion by 2030

 Hospital Furniture Market Growth & Trends

The global hospital furniture market size is expected to reach USD 15.39 billion by 2030, registering a CAGR of 6.80% from 2023 to 2030, according to a new report by Grand View Research, Inc. The prevalence of chronic diseases is rising, and patients’ demands for hospital facilities are continuing to rise as well. It is anticipated that ongoing technology advancements and cutting-edge furniture, like eye surgical chairs and high-tech stretchers, are expected to create lucrative business potential. The world’s growing network of hospitals and clinics is the main driver of the industry. Public agencies are constructing more hospitals to prevent pandemics and other unforeseen events. Over the forecast period, the key growth driver of the industry will be the demand for more modernized hospitals and clinics. Hospital furniture sales are significantly influenced by public sector initiatives to update existing hospital infrastructure.

Numerous industries across the world suffered from the COVID-19 pandemic. For the hospital furniture industry, the impact is precisely the opposite. The pandemic has benefited this industry because additional hospitals and specialized COVID-19 clinics were required to be built on a global scale. This indicated that there is an urgent need to furnish new hospitals and clinics. The pandemic brought with it a flood of fantastic growth prospects for this industry. Furthermore, due to the high patient volume, the existing hospitals also made an effort to upgrade their infrastructure. As a result, there were many opportunities for demand and expansion in the market. Hospital furniture is a significant factor to consider as it impacts a major part of a hospital’s functions. Trends in hospital furniture have been affected by the pandemic. Healthcare design considerations would inevitably be impacted by the pandemic in the coming years.

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Hospital Furniture Market Report Highlights

• The beds segment dominated the industry in 2022 owing to the high demand for ICU beds as a result of the increased prevalence of chronic disorders
• The patient’s furniture segment is anticipated to lead the industry due to high demand across the globe
• The offline sales channel segment captured the maximum share in 2022 owing to the advantages offered
• The metal segment dominated the industry in 2022 owing to the high adoption and demand for metal-based products
• The hospitals & specialty clinics segment dominated the market in 2022 due to increased product demand and high hospitalization rates owing to several chronic disorders
• North America held the largest share in 2022 owing to the increased prevalence of chronic diseases, such as obesity, diabetes, and cardiac arrest, that may lead to hospitalization

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Hospital Furniture Market Segmentation

Grand View Research has segmented the global hospital furniture market based on product, product, application, sales channel, material, end-use, and region:

Hospital Furniture Product Outlook (Revenue, USD Million, 2018 - 2030)

• Beds
  • ICU Beds
  • Fowler Beds
  • Plain Hospital Beds
  • Pediatric Beds
  • Maternity Beds
  • Others
• Patient Lift
  • Manual Lifts
  • Power Lifts
  • Stand up Lifts
  • Heavy duty Lifts
  • Overhead Track Lifts
  • Others
• Tables
  • Examination Tables
  • Obstetric Tables
  • Surgical Tables
  • Others
• Chairs
• Medical Carts
• Stretchers
• Others

Hospital Furniture Application Outlook (Revenue, USD Million, 2018 - 2030)

• Physician’s Furniture
• Patient’s Furniture
• Staff’s Furniture

Hospital Furniture Sales Channel Outlook (Revenue, USD Million, 2018 - 2030)

• Offline
• Online

Hospital Furniture Material Outlook (Revenue, USD Million, 2018 - 2030)

• Wood
• Metal
• Plastic

Hospital Furniture End-use Outlook (Revenue, USD Million, 2018 - 2030)

• Hospitals & Specialty Clinics
• Ambulatory Surgical Centers (ASCs)
• Others

Hospital Furniture Regional Outlook (Revenue, USD Million, 2018 - 2030)

• North America
  • US.
  • Canada
• Europe
  • UK.
  • Germany
  • France
  • Italy
  • Spain
  • Denmark
  • Sweden
  • Norway
• Asia Pacific
  • Japan
  • China
  • India
  • Australia
  • South Korea
  • Thailand
• Latin America
  • Brazil
  • Mexico
  • Argentina
• Middle East & Africa
  • South Africa
  • Saudi Arabia
  • UAE
  • Kuwait

List of Key Players in the Hospital Furniture Market

• Stryker
• Invacare Corp.
• ARJO AB
• Steris Plc.
• Medline Industries, Inc.
• Hill-Rom Holdings, Inc.
• Drive DeVilbiss Healthcare
• GF Health Products, Inc.
• NAUSICAA Medical
• Sunrise Medical (US) LLC
• Herman Miller Furniture
• Kovonox
• Getinge AB

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.