Healthcare Furniture Market accounted for US$ 5.7 billion in 2020 and is estimated to be US$ 13.3 billion by 2030 and is anticipated to register a CAGR of 7.5%. Common features include adjustable height for the whole bed, the head, and therefore the feet, adjustable side rails, and electronic buttons to work both the bed and other nearby electronic devices. Hospital beds and other similar sorts of beds like medical care beds are used not only in hospitals, but in other health care facilities and settings, like nursing homes, assisted living facilities, outpatient clinics, and in home health care. While the term "hospital bed" can ask the particular bed, the term "bed" is additionally wont to describe the quantity of space during a health care facility, because the capacity for the amount of patients at the power is measured in available "beds."
The report “Global Healthcare Furniture Market, By Product Type (Tables, Beds, Seating Furniture, and Others), By Material (Wood, Plastics, Metal, Others (leather, glass, and steel), By Sales Channel (Offline and Online), By End-User (Clinics, Diagnostic Centers, and Hospitals), and By Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) - Trends, Analysis and Forecast till 2030”
Key Highlights:
· In 2021, Medikabazaar COVID ICU package to augment critical care facilities pan India. The package has designed emergency paediatric ICU and COVID ICU packages, which is said to help the nation’s healthcare infrastructure to easily and conveniently prepare for future health epidemics and pandemics. The Paediatric ICU Package includes a BiPAP machine, Nebulizer, Patient monitor, Portable suction machine and Ventilator. The Adult COVID ICU Package includes a BiPAP machine, ICU bed, Oxygen concentrator, Patient monitor, Pulse oximeter and Ventilator.
Analyst View:
Gradual increase in technologically advanced medical furniture is additionally supporting the expansion of the medical furniture market. As an example, due to rise in technological implementation in designing of medical furniture, variety of advanced hospital stretchers, like motorized stretcher chair and eye surgery chair by Stryker Corporation are being introduced within the market. These all factors altogether would contribute within the growth of the hospital furniture market during the forecast period from 2014 to 2020. On the opposite hand, long lifetime of hospital furniture materials and high cost related to technologically innovative furniture products are considered as key factors affecting the market growth negatively.
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Key Market Insights from the report:
Global Healthcare Furniture Market accounted for US$ 5.7 billion in 2020 and is estimated to be US$ 13.3 billion by 2030 and is anticipated to register a CAGR of 7.5%. The Global Healthcare Furniture Market report segments the market on the basis of product type, material, sales channel, end-user and region.
· By Product Type, the Global Healthcare Furniture Market is segmented into Tables, Beds, Seating Furniture, and Others.
· By material, the Global Healthcare Furniture Market is segmented into Wood, Plastics, Metal, Others (leather, glass, and steel).
· By sales channel, the Global Healthcare Furniture Market is segmented into Offline and Online.
· By end-user, the Global Healthcare Furniture Market is segmented into Clinics, Diagnostic Centers, and Hospitals.
· By region, the Global Healthcare Furniture Market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. North America market dominates the Global Healthcare Furniture Market with higher market share.
Competitive Landscape:
The Key players in the Global Healthcare Furniture Market include, Steelcase, Inc., Herman Miller, Inc., Haworth, Inc., Hill-Rom, Inc., Stryker Corporation, Wieland Copper Products LLC, TMC Furniture, Knoll, Inc., Klinic MedViron and Flexsteel Industries, Inc.
The market provides detailed information regarding the industrial base, productivity, strengths, manufacturers, and recent trends which will help companies enlarge the businesses and promote financial growth. Furthermore, the report exhibits dynamic factors including segments, sub-segments, regional marketplaces, competition, dominant key players, and market forecasts. In addition, the market includes recent collaborations, mergers, acquisitions, and partnerships along with regulatory frameworks across different regions impacting the market trajectory. Recent technological advances and innovations influencing the global market are included in the report.
