Medical Furniture Market Development Trend and Strategy Analysis with Forecast to 2026

The medical furniture market will witness substantial expansion with the increasing investments by government bodies towards the development of healthcare facilities. The global prevalence of chronic diseases like cancer and diabetes has led to a higher need for medical furniture such as beds and surgical tables to meet the incessant patient flow across healthcare institutions and organizations.

The World Health Organization (WHO) had stated that nearly 6 in every 10 individuals are diagnosed with chronic diseases in the U.S. This penetration has resulted in an optimum number of serious disabilities urging the adoption of stretchers and chairs to perform surgical operations. Furthermore, the notable rise in the occurrence of accidents and the increased rate of hospitalization in the present COVID-19 pandemic has bolstered the instances of admissions in the intensive care units.

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The industry share of medical tables, inclusive of general surgery, neurology, cysto, urology, and imaging tables is poised to grow at a 3% CAGR through the coming years. This is due to the numerous advantages rendered by them in the form of improved stability, accessibility, imaging support as well as electro-hydraulic operations. Neurology tables are highly preferred by surgeons while performing surgical drills as they offer accurate access and excellent positioning characteristics.

Medical furniture uses across the home healthcare application recorded 16% of the total revenue share in 2019. This is owing to their cost-effectiveness and robust abilities to render superior care to the affected individuals in the comfort of their homes. The expansion of the older population base has accelerated the demand for home care treatments. This is because they are less priced and do not necessitate the need for trolleys and beds as in the case of hospitals. Easy access to services is another impact rendering factor of medical furniture for home healthcare.

The Asia Pacific is home to an expanding geriatric population, and this regional market for medical office furniture is pegged to register a 6.7% CAGR up to 2026. The presence of a significant number of older individuals along with their increasing tendency to acquire diseases has elevated the rate of hospital admissions in the region. The jump in household incomes and the rising abilities of consumers towards medical spending has resulted in an intense cash flow across hospitals. This has offered a platform to healthcare organizations to incorporate some of the latest medical furniture and tools to provide enhanced care to patients. On a further note, the government of Australia and India are actively looking after providing high-quality medical furniture across ASCs and hospitals.

Stryker, Promotal, Herman Miller, GPC Medical Ltd, Stiegelmeyer, Steris Corporation, Getinge AB, Invacare Corporation, Biomedical Solutions, LINET, Skytron, Kovonax, and Met-lak, are some of the other prominent companies in the business.

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Partial Chapter of the Table of Content

Chapter 4   Medical Furniture Market, By Product

4.1    Key segment trends

4.2    Beds

4.2.1    Market size, by region, 2015-2026 (USD Million)

4.2.2    Acute Care Beds

4.2.2.1    Medical Furniture Market size, by region, 2015-2026 (USD Million)

4.2.3    Long-term Care Beds

4.2.3.1    Market size, by region, 2015-2026 (USD Million)

4.2.4    Psychiatric Care Beds

4.2.4.1    Market size, by region, 2015-2026 (USD Million)

4.2.5    Bariatric Beds

4.2.5.1    Market size, by region, 2015-2026 (USD Million)

4.2.6    Others

4.2.6.1    Market size, by region, 2015-2026 (USD Million)

4.3    Chairs

4.3.1    Medical Furniture Market size, by region, 2015-2026 (USD Million)

4.4    Tables

4.4.1    Market size, by region, 2015-2026 (USD Million)

4.5    Trolleys and stretchers

4.6    Cabinets and lockers

4.7    Others

Chapter 5   Medical Furniture Market, By Material

5.1    Key segment trends

5.2    Wood

5.2.1    Market size, by region, 2015-2026 (USD Million)

5.3    Metal

5.3.1    Market size, by region, 2015-2026 (USD Million)

5.4    Plastics

5.4.1    Market size, by region, 2015-2026 (USD Million)

Chapter 6   Medical Furniture Market, By End-use

6.1    Key segment trends

6.2    Hospitals

6.2.1    Market size, by region, 2015-2026 (USD Million)

6.3    Home healthcare

6.3.1    Market size, by region, 2015-2026 (USD Million)

6.4    Ambulatory Surgical Centers

6.4.1    Medical Furniture Market size, by region, 2015-2026 (USD Million)

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