Hospital Furniture Market Size Expected to Exceed USD 21.3 Billion by 2031 with 7.3% CAGR| Exclusive Insights by Transparency Market Research Inc.
A growing emphasis on eco-friendly and sustainable products will drive demand for hospital furniture.
Wilmington, Delaware, United States, Transparency Market Research, Inc. , Oct. 23, 2024 (GLOBE NEWSWIRE) — The hospital furniture industry was worth US$ 11.4 billion in 2022. A CAGR of 7.3% is predicted from 2023 to 2031,
Global Hospital Furniture Market: Regional Landscape
- As hospital furniture continues to grow, North America will dominate the market. The demographics of North America are changing with an aging population, like many other regions. A growing elderly population increases the need for healthcare services, including hospital care, leading to hospital furniture that caters to their needs.
- In addition to policies aimed at improving access to care and expanding insurance coverage, changes in healthcare policy can also affect hospital furniture demand. Hospitals and healthcare facilities might use more furniture due to increased accessibility to healthcare services.
- Medical technology and equipment are heavily invested in North America, a medical innovation hub. With advances in medical equipment and telemedicine initiatives, modern hospital furniture is in demand to integrate it with advanced medical equipment.
- As private healthcare providers and patients prefer high-quality, specialized hospital furniture tailored to their preferences, North America is home to a robust private healthcare sector, including privately owned hospitals, clinics, and specialty care centers.
- Healthcare providers prioritize patient comfort, dignity, and satisfaction in North America, aligning with global trends. As a result, customization and aesthetic appeal are key elements of hospital furniture designed to enhance the patient experience and promote healing.
Global Hospital Furniture Market: Segmentation
Product
- Beds (ICU Beds, Fowler Beds, Plain Hospital Beds, Pediatric Beds, Mattresses, and Others)
- Patient Lifts (Manual Lifts, Power Lifts, Stand Up Lifts, Heavy Duty Lifts, and Overhead Track Lifts)
- Tables (Examination Tables, Obstetric Tables, Surgical Tables, and Others)
- Chairs
- Medical Carts
- Stretchers
- Others
End User
- Hospitals & Specialty Clinics
- Ambulatory Surgery Centers
- Others
Region
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East & Africa
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