The rising international accreditation by hospitals, growing number of road accidents and fatal sports injuries, and leveraging internet platform to create awareness on hospital infrastructure will offer immense growth opportunities. The hospitals are ramping up their infrastructure to meet the standards of the JCI, as it is considered a significant factor by medical tourists. One of the key constituents of infrastructure is the hospital furniture comprising hospital beds, bedside tables, and examination tables and chairs. In addition, another key factor driving the global hospital furniture market growth is the growing geriatric population. However, one of the key challenges to the global hospital furniture market growth is the limited sustainability of smaller vendors. It is extremely difficult for a new player to enter the market and gain substantial revenue, as the hospital furniture manufacturing process is expensive for small and medium players. In addition, they do not have large-scale manufacturing plants to manufacture the products in bulk numbers.
View Market Report Outlook for More Insights on the Drivers, Trends, and Challenges Influencing the market growth
Hospital Furniture Market 2022-2026: Key Segment Highlights
- Product
- Hospital Beds
Hospital Beds segment held the largest hospital furniture market share in 2021. The segment will account for the highest share throughout the forecast period. The growth is attributed to the growing work-related injuries and age-related diseases. According to the Centers for Disease Control and Prevention (CDC), in 2014, the percentage of long-term care services for people aged 65 and above accounted for 92.9% of residential care community residents and 84.9% of nursing home residents.
- Specialty Medical Chairs And Tables
- Others
- Geography
- North America
34% of the market's growth will originate from North America during the forecast period. US and Canada are the key markets for hospital furniture in North America. Market growth in this region will be faster than the growth of the market in Europe and Rest of World (ROW).The significant increase in the number of accidents, resulting in a large number of casualty admissions will facilitate the hospital furniture market growth in North America over the forecast period.
- Europe
- Asia
- Rest Of World (ROW)
Download Sample Report for understanding the contribution of each segment
Hospital Furniture Market 2022-2026: Vendor Analysis and Scope
The hospital furniture market is fragmented, and the degree of fragmentation will accelerate during the forecast period. To leverage the current opportunities, market vendors must strengthen their foothold in the fast-growing segments, while maintaining their positions in the slow-growing segments. Some of the major vendors of the hospital furniture market include ActiveAid LLC, Arjo AB, Bio Medical Solutions, Chang Gung Medical Technology Co. Ltd., GF Health Products Inc., GPC Medical Ltd., HILL ROM HOLDINGS Inc., Industrias H Pardo SL, Invacare Corp, LINET Group SE, Medical Depot, Medline Industries Inc., Narang Medical Ltd., NAUSICAA MEDICAL SAS, PARAMOUNT BED HOLDINGS Co. Ltd., Renray Healthcare, STERIS Plc, Stryker Corp., Sunrise Medical LLC, and The Brewer Co. LLC.
The report also covers the following areas:
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Hospital Furniture Market 2022-2026: Key Highlights
- CAGR of the market during the forecast period 2022-2026
- Detailed information on factors that will assist hospital furniture market growth during the next five years
- Estimation of the hospital furniture market size and its contribution to the parent market
- Predictions on upcoming trends and changes in consumer behavior
- The growth of the hospital furniture market
- Analysis of the market's competitive landscape and detailed information on vendors
- Comprehensive details of factors that will challenge the growth of hospital furniture market vendors
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Electrical Hospital Beds Market by Product and Geography - Forecast and Analysis 2021-2025
Hospital Beds Market by Product, Application, and Geography - Forecast and Analysis 2020-2024
Hospital Furniture Market Scope |
Report Coverage |
Details |
Page number |
120 |
Base year |
2021 |
Forecast period |
2022-2026 |
Growth momentum & CAGR |
Accelerate at a CAGR of 6.78% |
Market growth 2022-2026 |
$ 5.74 billion |
Market structure |
Fragmented |
YoY growth (%) |
6.42 |
Regional analysis |
North America, Europe, Asia, and Rest of World (ROW) |
Performing market contribution |
North America at 34% |
Key consumer countries |
US, Canada, Germany, UK, and China |
Competitive landscape |
Leading companies, competitive strategies, consumer engagement scope |
Companies profiled |
ActiveAid LLC, Arjo AB, Bio Medical Solutions, Chang Gung Medical Technology Co. Ltd., GF Health Products Inc., GPC Medical Ltd., HILL ROM HOLDINGS Inc., Industrias H Pardo SL, Invacare Corp, LINET Group SE, Medical Depot, Medline Industries Inc., Narang Medical Ltd., NAUSICAA MEDICAL SAS, PARAMOUNT BED HOLDINGS Co. Ltd., Renray Healthcare, STERIS Plc, Stryker Corp., Sunrise Medical LLC, and The Brewer Co. LLC |
Market Dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and future consumer dynamics, market condition analysis for the forecast period, |
Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
1 Executive Summary
- 1.1 Market overview
- Exhibit 01: Executive Summary – Chart on Market Overview
- Exhibit 02: Executive Summary – Data Table on Market Overview
- Exhibit 03: Executive Summary – Chart on Global Market Characteristics
- Exhibit 04: Executive Summary – Chart on Market by Geography
- Exhibit 05: Executive Summary – Chart on Market Segmentation by Product
- Exhibit 06: Executive Summary – Chart on Incremental Growth
- Exhibit 07: Executive Summary – Data Table on Incremental Growth
- Exhibit 08: Executive Summary – Chart on Vendor Market Positioning
2 Market Landscape
- 2.1 Market ecosystem
- Exhibit 09: Parent market
- Exhibit 10: Market Characteristics
3 Market Sizing
- 3.1 Market definition
- Exhibit 11: Offerings of vendors included in the market definition
- 3.2 Market segment analysis
- Exhibit 12: Market segments
- 3.4 Market outlook: Forecast for 2021-2026
- Exhibit 13: Chart on Global - Market size and forecast 2021-2026 ($ million)
- Exhibit 14: Data Table on Global - Market size and forecast 2021-2026 ($ million)
- Exhibit 15: Chart on Global Market: Year-over-year growth 2021-2026 (%)
- Exhibit 16: Data Table on Global Market: Year-over-year growth 2021-2026 (%)
4 Five Forces Analysis
- 4.1 Five forces summary
- Exhibit 17: Five forces analysis - Comparison between 2021 and 2026
- 4.2 Bargaining power of buyers
- Exhibit 18: Bargaining power of buyers – Impact of key factors in 2021 and 2026
- 4.3 Bargaining power of suppliers
- Exhibit 19: Bargaining power of suppliers – Impact of key factors in 2021 and 2026
- 4.4 Threat of new entrants
- Exhibit 20: Threat of new entrants – Impact of key factors in 2021 and 2026
- 4.5 Threat of substitutes
- Exhibit 21: Threat of substitutes – Impact of key factors in 2021 and 2026
- 4.6 Threat of rivalry
- Exhibit 22: Threat of rivalry – Impact of key factors in 2021 and 2026
- 4.7 Market condition
- Exhibit 23: Chart on Market condition - Five forces 2021 and 2026
5 Market Segmentation by Product
- 5.1 Market segments
- Exhibit 24: Chart on Product - Market share 2021-2026 (%)
- Exhibit 25: Data Table on Product - Market share 2021-2026 (%)
- 5.2 Comparison by Product
- Exhibit 26: Chart on Comparison by Product
- Exhibit 27: Data Table on Comparison by Product
- 5.3 Hospital beds - Market size and forecast 2021-2026
- Exhibit 28: Chart on Hospital beds - Market size and forecast 2021-2026 ($ million)
- Exhibit 29: Data Table on Hospital beds - Market size and forecast 2021-2026 ($ million)
- Exhibit 30: Chart on Hospital beds - Year-over-year growth 2021-2026 (%)
- Exhibit 31: Data Table on Hospital beds - Year-over-year growth 2021-2026 (%)
- 5.4 Specialty medical chairs and tables - Market size and forecast 2021-2026
- Exhibit 32: Chart on Specialty medical chairs and tables - Market size and forecast 2021-2026 ($ million)
- Exhibit 33: Data Table on Specialty medical chairs and tables - Market size and forecast 2021-2026 ($ million)
- Exhibit 34: Chart on Specialty medical chairs and tables - Year-over-year growth 2021-2026 (%)
- Exhibit 35: Data Table on Specialty medical chairs and tables - Year-over-year growth 2021-2026 (%)
- 5.5 Others - Market size and forecast 2021-2026
- Exhibit 36: Chart on Others - Market size and forecast 2021-2026 ($ million)
- Exhibit 37: Data Table on Others - Market size and forecast 2021-2026 ($ million)
- Exhibit 38: Chart on Others - Year-over-year growth 2021-2026 (%)
- Exhibit 39: Data Table on Others - Year-over-year growth 2021-2026 (%)
- 5.6 Market opportunity by Product
- Exhibit 40: Market opportunity by Product ($ million)
6 Customer Landscape
- 6.1 Customer landscape overview
- Exhibit 41: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
7 Geographic Landscape
- 7.1 Geographic segmentation
- Exhibit 42: Chart on Market share by geography 2021-2026 (%)
- Exhibit 43: Data Table on Market share by geography 2021-2026 (%)
- 7.2 Geographic comparison
- Exhibit 44: Chart on Geographic comparison
- Exhibit 45: Data Table on Geographic comparison
- 7.3 North America - Market size and forecast 2021-2026
- Exhibit 46: Chart on North America - Market size and forecast 2021-2026 ($ million)
- Exhibit 47: Data Table on North America - Market size and forecast 2021-2026 ($ million)
- Exhibit 48: Chart on North America - Year-over-year growth 2021-2026 (%)
- Exhibit 49: Data Table on North America - Year-over-year growth 2021-2026 (%)
- 7.4 Europe - Market size and forecast 2021-2026
- Exhibit 50: Chart on Europe - Market size and forecast 2021-2026 ($ million)
- Exhibit 51: Data Table on Europe - Market size and forecast 2021-2026 ($ million)
- Exhibit 52: Chart on Europe - Year-over-year growth 2021-2026 (%)
- Exhibit 53: Data Table on Europe - Year-over-year growth 2021-2026 (%)
- 7.5 Asia - Market size and forecast 2021-2026
- Exhibit 54: Chart on Asia - Market size and forecast 2021-2026 ($ million)
- Exhibit 55: Data Table on Asia - Market size and forecast 2021-2026 ($ million)
- Exhibit 56: Chart on Asia - Year-over-year growth 2021-2026 (%)
- Exhibit 57: Data Table on Asia - Year-over-year growth 2021-2026 (%)
- 7.6 Rest of World (ROW) - Market size and forecast 2021-2026
- Exhibit 58: Chart on Rest of World (ROW) - Market size and forecast 2021-2026 ($ million)
- Exhibit 59: Data Table on Rest of World (ROW) - Market size and forecast 2021-2026 ($ million)
- Exhibit 60: Chart on Rest of World (ROW) - Year-over-year growth 2021-2026 (%)
- Exhibit 61: Data Table on Rest of World (ROW) - Year-over-year growth 2021-2026 (%)
- 7.7 US - Market size and forecast 2021-2026
- Exhibit 62: Chart on US - Market size and forecast 2021-2026 ($ million)
- Exhibit 63: Data Table on US - Market size and forecast 2021-2026 ($ million)
- Exhibit 64: Chart on US - Year-over-year growth 2021-2026 (%)
- Exhibit 65: Data Table on US - Year-over-year growth 2021-2026 (%)
- 7.8 Germany - Market size and forecast 2021-2026
- Exhibit 66: Chart on Germany - Market size and forecast 2021-2026 ($ million)
- Exhibit 67: Data Table on Germany - Market size and forecast 2021-2026 ($ million)
- Exhibit 68: Chart on Germany - Year-over-year growth 2021-2026 (%)
- Exhibit 69: Data Table on Germany - Year-over-year growth 2021-2026 (%)
- 7.9 UK - Market size and forecast 2021-2026
- Exhibit 70: Chart on UK - Market size and forecast 2021-2026 ($ million)
- Exhibit 71: Data Table on UK - Market size and forecast 2021-2026 ($ million)
- Exhibit 72: Chart on UK - Year-over-year growth 2021-2026 (%)
- Exhibit 73: Data Table on UK - Year-over-year growth 2021-2026 (%)
- 7.10 China - Market size and forecast 2021-2026
- Exhibit 74: Chart on China - Market size and forecast 2021-2026 ($ million)
- Exhibit 75: Data Table on China - Market size and forecast 2021-2026 ($ million)
- Exhibit 76: Chart on China - Year-over-year growth 2021-2026 (%)
- Exhibit 77: Data Table on China - Year-over-year growth 2021-2026 (%)
- 7.11 Canada - Market size and forecast 2021-2026
- Exhibit 78: Chart on Canada - Market size and forecast 2021-2026 ($ million)
- Exhibit 79: Data Table on Canada - Market size and forecast 2021-2026 ($ million)
- Exhibit 80: Chart on Canada - Year-over-year growth 2021-2026 (%)
- Exhibit 81: Data Table on Canada - Year-over-year growth 2021-2026 (%)
- 7.12 Market opportunity by geography
- Exhibit 82: Market opportunity by geography ($ million)
8 Drivers, Challenges, and Trends
- 8.3 Impact of drivers and challenges
- Exhibit 83: Impact of drivers and challenges in 2021 and 2026
9 Vendor Landscape
- 9.2 Vendor landscape
- Exhibit 84: Overview on Criticality of inputs and Factors of differentiation
- 9.3 Landscape disruption
- Exhibit 85: Overview on factors of disruption
- 9.4 Industry risks
- Exhibit 86: Impact of key risks on business
10 Vendor Analysis
- 10.1 Vendors covered
- Exhibit 87: Vendors covered
- 10.2 Market positioning of vendors
- Exhibit 88: Matrix on vendor position and classification
- 10.3 ActiveAid LLC
- Exhibit 89: ActiveAid LLC - Overview
- Exhibit 90: ActiveAid LLC - Product / Service
- Exhibit 91: ActiveAid LLC - Key offerings
- 10.4 Arjo AB
- Exhibit 92: Arjo AB - Overview
- Exhibit 93: Arjo AB - Product / Service
- Exhibit 94: Arjo AB - Key offerings
- 10.5 GPC Medical Ltd.
- Exhibit 95: GPC Medical Ltd. - Overview
- Exhibit 96: GPC Medical Ltd. - Product / Service
- Exhibit 97: GPC Medical Ltd. - Key offerings
- 10.6 HILL ROM HOLDINGS Inc.
- Exhibit 98: HILL ROM HOLDINGS Inc. - Overview
- Exhibit 99: HILL ROM HOLDINGS Inc. - Business segments
- Exhibit 100: HILL ROM HOLDINGS Inc. - Key news
- Exhibit 101: HILL ROM HOLDINGS Inc. - Key offerings
- Exhibit 102: HILL ROM HOLDINGS Inc. - Segment focus
- 10.7 Industrias H Pardo SL
- Exhibit 103: Industrias H Pardo SL - Overview
- Exhibit 104: Industrias H Pardo SL - Product / Service
- Exhibit 105: Industrias H Pardo SL - Key offerings
- 10.8 Invacare Corp
- Exhibit 106: Invacare Corp - Overview
- Exhibit 107: Invacare Corp - Business segments
- Exhibit 108: Invacare Corp - Key offerings
- Exhibit 109: Invacare Corp - Segment focus
- 10.9 LINET Group SE
- Exhibit 110: LINET Group SE - Overview
- Exhibit 111: LINET Group SE - Product / Service
- Exhibit 112: LINET Group SE - Key offerings
- 10.10 Medical Depot
- Exhibit 113: Medical Depot - Overview
- Exhibit 114: Medical Depot - Product / Service
- Exhibit 115: Medical Depot - Key offerings
- 10.11 PARAMOUNT BED HOLDINGS Co. Ltd.
- Exhibit 116: PARAMOUNT BED HOLDINGS Co. Ltd. - Overview
- Exhibit 117: PARAMOUNT BED HOLDINGS Co. Ltd. - Business segments
- Exhibit 118: PARAMOUNT BED HOLDINGS Co. Ltd. - Key offerings
- Exhibit 119: PARAMOUNT BED HOLDINGS Co. Ltd. - Segment focus
- 10.12 Stryker Corp.
- Exhibit 120: Stryker Corp. - Overview
- Exhibit 121: Stryker Corp. - Business segments
- Exhibit 122: Stryker Corp. - Key news
- Exhibit 123: Stryker Corp. - Key offerings
- Exhibit 124: Stryker Corp. - Segment focus
11 Appendix
- 11.2 Inclusions and exclusions checklist
- Exhibit 125: Inclusions checklist
- Exhibit 126: Exclusions checklist
- 11.3 Currency conversion rates for US$
- Exhibit 127: Currency conversion rates for US$
- 11.4 Research methodology
- Exhibit 128: Research methodology
- Exhibit 129: Validation techniques employed for market sizing
- Exhibit 130: Information sources
- 11.5 List of abbreviations
- Exhibit 131: List of abbreviations
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