The global healthcare and hospital furniture market size was estimated to be USD 9.74 billion in 2023 and is expected to reach at USD 20.35 billion by 2034 with a CAGR of 6.93% during the forecast period 2024-2034. Surge in number of hospital admissions, rising favorable reimbursement scenarios, increasing government support for the hospitals that are covered under the healthcare sector, growing network of hospitals & clinics, surge in demand for advanced hospitals, rising initiatives to modernize current hospital infrastructure, increasing demand for personalized furniture, and growing incorporation of cutting-edge medical equipment & technology to enhance patient care are some of the key factors boosting the market growth.
Growing incorporation of cutting-edge medical equipment & technology to enhance patient care is predicted to boost the market growth during the forecast period. Medical furniture, including surgical and imaging tables as well as equipment carts, should be meticulously crafted to seamlessly incorporate advanced technologies. The incorporation of ergonomic and comfortable features in medical furniture plays a significant role in enhancing a patient's overall contentment with their healthcare experience. For instance, in March 2022, Cleveland Clinic London Hospital, a cutting-edge healthcare facility with 184 beds located in the heart of Central London, has officially commenced its operations. This eight-story structure is dedicated to the treatment of a diverse array of complex medical conditions, with a particular focus on heart and vascular conditions, digestive disorders, neurosciences, and orthopedics. Within the hospital, there are 184 beds for inpatient care, which encompass 29 beds specifically designated for the Intensive Care Unit (ICU), along with eight fully-equipped surgical operating rooms. Additionally, it features a specialized 41-bed wing dedicated to neurological rehabilitation and boasts a skilled workforce of approximately 1,150 healthcare professionals.
By product, beds was the highest revenue-grossing segment in the global healthcare and hospital furniture market in 2023 owing to rising need for ICU beds as a result of the increased prevalence of chronic illnesses that require critical care services, increasing demand for electrical or powered beds over plain beds from private hospitals, surge in number of bariatric surgeries, growing geriatric population, and growing technological advancements in ICU beds. For instance, in February 2023, Stryker, a prominent global medical technology company, unveiled its SmartMedic platform at the 29th Annual Conference of the Indian Society of Critical Care Medicine. SmartMedic represents a patient care system that enhances the existing ICU bed functionalities within hospitals. This innovative technology is engineered to manage fluctuations in patient weight, oversee patient repositioning from nursing stations, and aid healthcare personnel in conducting X-rays for ICU patients without requiring patient movement. Additionally, chairs is predicted to grow at fastest CAGR during the forecast period owing to the increasing need for rehabilitation chairs, such as pediatric, bariatric, and geriatric chairs utilized for patient positioning, bathing, & mobility, rising geriatric population, and surge in prevalence of paralysis & spinal injuries.
By application, patient’s furniture was the highest revenue-grossing segment in the global healthcare and hospital furniture market in 2023 owing to increase in demand for patient furniture, including examination seats, examination lamps, drawers, benches, bedside tables, over-bed tables, & chairs, more straightforward product maintenance, and rising launch of new products. For instance, in May 2022, LINET has introduced the Sprint 200, a high-quality emergency and transportation stretcher, as part of the latest stretcher generation that elevates patient transportation and care to new heights through its innovative solutions. Additionally, physician’s furniture is predicted to grow at fastest CAGR during the forecast period owing to the increasing patient volume at larger hospitals, expanding patient safety and mobility issues, and offering supportive care during medical examinations.
By material, metal was the highest revenue-grossing segment in the global healthcare and hospital furniture market in 2023 owing to the increasing demand for metal furniture due to its outstanding comfort, durability, anti-microbial properties for healthcare equipment & operating room, and increasing collaborations within market players. For instance, in July 2022, SKYTRON, LLC. and Arthrex, a company specializing in minimally invasive surgical technology, have joined forces to provide a comprehensive range of total room solutions that are specifically tailored to meet the evolving requirements and obstacles faced by operative care facilities in the future. Additionally, wood is predicted to grow at fastest CAGR during the forecast period owing to the growing usage of wooden furniture due to its organic properties, which provides it warmth and visual appeal, help balance interior moisture and humidity and offer thermal benefits.
By distribution channel, offline was the highest revenue-grossing segment in the global healthcare and hospital furniture market in 2023 owing to the real-time experience, high purchasing confidence, decreased rejection rates, availability of personalizing choices, prompt delivery, assistance from sales staff, full installation support, and ease of returns. Additionally, online is predicted to grow at fastest CAGR during the forecast period owing to the simplicity of comparison shopping, accessibility to a wide range of product selections, the presence of consumer reviews, & attractive offers and price reductions, and surge in focus on expansion by market players. For instance, in August 2023, MeddeyGo, an e-commerce platform specializing in medical supplies, has unveiled plans to broaden its product offerings. This expansion encompasses an advanced selection of diagnostic equipment, including para monitors, ECG machines, fetal monitors, automated defibrillators, and computerized auto refractometers, among others. Additionally, they have augmented their range of hospital furniture, incorporating enhancements in operating room, consulting room, patient room, and patient transfer solutions.
By end-user, ambulatory surgery centers (ASCs) was the highest revenue-grossing segment in the global healthcare and hospital furniture market in 2023 owing to the growing demand for hospital furniture in ASCs, greater preference for same-day procedures since they are more affordable and take less time to recover from, surge in number of patients needing surgical procedures. Additionally, hospitals & specialty clinics is predicted to grow at fastest CAGR during the forecast period owing to the surge in number of hospitals, growing demand for personalized furniture by hospitals, increasing technological improvement in furniture-attached devices for hospitals, rising geriatric population, surge in prevalence of chronic diseases, and growing initiatives by market players. For instance, in March 2022, Rela Hospital, a Multi-Specialty Quaternary Care Hospital situated in Chromepet, Chennai, India, has inaugurated a healthcare facility in Oragadam. This new establishment, spanning three stories and covering 15,000 square feet, is strategically positioned to cater to the healthcare needs of the Oragadam industrial region. Its primary objective is to provide top-tier healthcare services to the residents of Oragadam and the Kanchipuram districts, ensuring accessibility and affordability for all.
North America region is anticipated for the highest revenue share during the forecast period owing to the surge in prevalence of chronic health disorders such as diabetes, obesity, & cardiac arrest which leads to hospitalizations, growing number of bariatric surgeries, and increasing launch of advanced devices. For instance, in May 2022, Invacare Corporation has introduced the Birdie Evo XPLUS in the United States, a distinctive patient lifting solution tailored for the post-acute care sector. Featuring a contemporary and streamlined design, the Birdie Evo XPLUS incorporates innovative technology to enhance both comfort and safety during patient transfers to and from beds, chairs, or the floor. Additionally, Asia Pacific region is predicted to grow at fastest CAGR during the forecast period owing to the rising favorable reimbursements policies provided for hospital furnishings, increasing prevalence of communicable diseases, growing public awareness regarding infectious diseases acquired in hospitals, and surge in collaborations within market players. For instance, in August 2022, Dozee, the pioneer in contactless Remote Patient Monitoring (RPM) in India, has partnered with Midmark India, the largest producer of hospital beds and related furniture in South Asia, with a significant presence in the country. Together, they have developed India's first interconnected bed platform aimed at automating and integrating patient monitoring within hospital beds, particularly for settings outside of the ICU. These specially designed smart connected beds enable hospitals to offer continuous patient monitoring in High Dependency Units (HDUs), Step-down ICUs, and various non-ICU wards. This advancement promises to elevate patient safety, enhance clinical outcomes, optimize operational processes, and drive digital transformation in healthcare.
Growing incorporation of cutting-edge medical equipment & technology to enhance patient care is predicted to boost the market growth during the forecast period. Medical furniture, including surgical and imaging tables as well as equipment carts, should be meticulously crafted to seamlessly incorporate advanced technologies. The incorporation of ergonomic and comfortable features in medical furniture plays a significant role in enhancing a patient's overall contentment with their healthcare experience. For instance, in March 2022, Cleveland Clinic London Hospital, a cutting-edge healthcare facility with 184 beds located in the heart of Central London, has officially commenced its operations. This eight-story structure is dedicated to the treatment of a diverse array of complex medical conditions, with a particular focus on heart and vascular conditions, digestive disorders, neurosciences, and orthopedics. Within the hospital, there are 184 beds for inpatient care, which encompass 29 beds specifically designated for the Intensive Care Unit (ICU), along with eight fully-equipped surgical operating rooms. Additionally, it features a specialized 41-bed wing dedicated to neurological rehabilitation and boasts a skilled workforce of approximately 1,150 healthcare professionals.
By product, beds was the highest revenue-grossing segment in the global healthcare and hospital furniture market in 2023 owing to rising need for ICU beds as a result of the increased prevalence of chronic illnesses that require critical care services, increasing demand for electrical or powered beds over plain beds from private hospitals, surge in number of bariatric surgeries, growing geriatric population, and growing technological advancements in ICU beds. For instance, in February 2023, Stryker, a prominent global medical technology company, unveiled its SmartMedic platform at the 29th Annual Conference of the Indian Society of Critical Care Medicine. SmartMedic represents a patient care system that enhances the existing ICU bed functionalities within hospitals. This innovative technology is engineered to manage fluctuations in patient weight, oversee patient repositioning from nursing stations, and aid healthcare personnel in conducting X-rays for ICU patients without requiring patient movement. Additionally, chairs is predicted to grow at fastest CAGR during the forecast period owing to the increasing need for rehabilitation chairs, such as pediatric, bariatric, and geriatric chairs utilized for patient positioning, bathing, & mobility, rising geriatric population, and surge in prevalence of paralysis & spinal injuries.
By application, patient’s furniture was the highest revenue-grossing segment in the global healthcare and hospital furniture market in 2023 owing to increase in demand for patient furniture, including examination seats, examination lamps, drawers, benches, bedside tables, over-bed tables, & chairs, more straightforward product maintenance, and rising launch of new products. For instance, in May 2022, LINET has introduced the Sprint 200, a high-quality emergency and transportation stretcher, as part of the latest stretcher generation that elevates patient transportation and care to new heights through its innovative solutions. Additionally, physician’s furniture is predicted to grow at fastest CAGR during the forecast period owing to the increasing patient volume at larger hospitals, expanding patient safety and mobility issues, and offering supportive care during medical examinations.
By material, metal was the highest revenue-grossing segment in the global healthcare and hospital furniture market in 2023 owing to the increasing demand for metal furniture due to its outstanding comfort, durability, anti-microbial properties for healthcare equipment & operating room, and increasing collaborations within market players. For instance, in July 2022, SKYTRON, LLC. and Arthrex, a company specializing in minimally invasive surgical technology, have joined forces to provide a comprehensive range of total room solutions that are specifically tailored to meet the evolving requirements and obstacles faced by operative care facilities in the future. Additionally, wood is predicted to grow at fastest CAGR during the forecast period owing to the growing usage of wooden furniture due to its organic properties, which provides it warmth and visual appeal, help balance interior moisture and humidity and offer thermal benefits.
By distribution channel, offline was the highest revenue-grossing segment in the global healthcare and hospital furniture market in 2023 owing to the real-time experience, high purchasing confidence, decreased rejection rates, availability of personalizing choices, prompt delivery, assistance from sales staff, full installation support, and ease of returns. Additionally, online is predicted to grow at fastest CAGR during the forecast period owing to the simplicity of comparison shopping, accessibility to a wide range of product selections, the presence of consumer reviews, & attractive offers and price reductions, and surge in focus on expansion by market players. For instance, in August 2023, MeddeyGo, an e-commerce platform specializing in medical supplies, has unveiled plans to broaden its product offerings. This expansion encompasses an advanced selection of diagnostic equipment, including para monitors, ECG machines, fetal monitors, automated defibrillators, and computerized auto refractometers, among others. Additionally, they have augmented their range of hospital furniture, incorporating enhancements in operating room, consulting room, patient room, and patient transfer solutions.
By end-user, ambulatory surgery centers (ASCs) was the highest revenue-grossing segment in the global healthcare and hospital furniture market in 2023 owing to the growing demand for hospital furniture in ASCs, greater preference for same-day procedures since they are more affordable and take less time to recover from, surge in number of patients needing surgical procedures. Additionally, hospitals & specialty clinics is predicted to grow at fastest CAGR during the forecast period owing to the surge in number of hospitals, growing demand for personalized furniture by hospitals, increasing technological improvement in furniture-attached devices for hospitals, rising geriatric population, surge in prevalence of chronic diseases, and growing initiatives by market players. For instance, in March 2022, Rela Hospital, a Multi-Specialty Quaternary Care Hospital situated in Chromepet, Chennai, India, has inaugurated a healthcare facility in Oragadam. This new establishment, spanning three stories and covering 15,000 square feet, is strategically positioned to cater to the healthcare needs of the Oragadam industrial region. Its primary objective is to provide top-tier healthcare services to the residents of Oragadam and the Kanchipuram districts, ensuring accessibility and affordability for all.
North America region is anticipated for the highest revenue share during the forecast period owing to the surge in prevalence of chronic health disorders such as diabetes, obesity, & cardiac arrest which leads to hospitalizations, growing number of bariatric surgeries, and increasing launch of advanced devices. For instance, in May 2022, Invacare Corporation has introduced the Birdie Evo XPLUS in the United States, a distinctive patient lifting solution tailored for the post-acute care sector. Featuring a contemporary and streamlined design, the Birdie Evo XPLUS incorporates innovative technology to enhance both comfort and safety during patient transfers to and from beds, chairs, or the floor. Additionally, Asia Pacific region is predicted to grow at fastest CAGR during the forecast period owing to the rising favorable reimbursements policies provided for hospital furnishings, increasing prevalence of communicable diseases, growing public awareness regarding infectious diseases acquired in hospitals, and surge in collaborations within market players. For instance, in August 2022, Dozee, the pioneer in contactless Remote Patient Monitoring (RPM) in India, has partnered with Midmark India, the largest producer of hospital beds and related furniture in South Asia, with a significant presence in the country. Together, they have developed India's first interconnected bed platform aimed at automating and integrating patient monitoring within hospital beds, particularly for settings outside of the ICU. These specially designed smart connected beds enable hospitals to offer continuous patient monitoring in High Dependency Units (HDUs), Step-down ICUs, and various non-ICU wards. This advancement promises to elevate patient safety, enhance clinical outcomes, optimize operational processes, and drive digital transformation in healthcare.
Segmentation: Healthcare and Hospital Furniture Market Report 2022 - 2033
Healthcare and Hospital Furniture Market Analysis & Forecast by Product 2022 - 2033 (Revenue USD Bn)
- Patient Lift
- Stand Up Lifts
- Power Lifts
- Manual Lifts
- Heavy Duty Lifts
- Overhead Track Lifts
- Others
- Beds
- Pediatric Beds
- Fowler Beds
- ICU Beds
- Maternity Beds
- Plain Hospital Beds
- Others
- Tables
- Surgical Tables
- Obstetric Tables
- Examination Tables
- Others
- Chairs
- Dialysis Chairs
- Examination Chairs
- Birthing Chairs
- Bariatric Chairs
- Ophthalmic Chairs
- Dental Chairs
- ENT Chairs
- Pediatric Chairs
- Geriatric Chairs
- Medical Carts
- Stretchers
- Others
Healthcare and Hospital Furniture Market Analysis & Forecast by Application 2022 - 2033 (Revenue USD Bn)
- Staff’s Furniture
- Patient’s Furniture
- Physician’s Furniture
Healthcare and Hospital Furniture Market Analysis & Forecast by Material 2022 - 2033 (Revenue USD Bn)
- Metal
- Plastic
- Wood
Healthcare and Hospital Furniture Market Analysis & Forecast by Distribution Channel 2022 - 2033 (Revenue USD Bn)
- Online
- Offline
Healthcare and Hospital Furniture Market Analysis & Forecast by End-user 2022 - 2033 (Revenue USD Bn)
- Ambulatory Surgical Centers
- Hospitals & Specialty Clinics
- Others
Healthcare and Hospital Furniture Market Analysis & Forecast by Region 2022 - 2033 (Revenue USD Bn)
- North America
- U.S.
- Canada
- Europe
- Germany
- France
- UK
- Spain
- Italy
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- Australia
- South Korea
- Rest of APAC
- Latin America
- Brazil
- Mexico
- Argentina
- Rest of LATAM
- Middle East & Africa
- South Africa
- GCC
- Rest of MEA
Table of Contents
1. Research Methodology
2. Introduction
4. Market Environment Analysis
5. Market Dynamics
7. Healthcare and Hospital Furniture Market: Product Estimates & Trend Analysis
8. Healthcare and Hospital Furniture Market: Application Estimates & Trend Analysis
9. Healthcare and Hospital Furniture Market: Material Estimates & Trend Analysis
10. Healthcare and Hospital Furniture Market: Distribution Channel Estimates & Trend Analysis
11. Healthcare and Hospital Furniture Market: End-user Estimates & Trend Analysis
12. Regional Market Analysis
13. North America Healthcare and Hospital Furniture Market
14. Europe Global Healthcare and Hospital Furniture Market
15. Asia Pacific Global Healthcare and Hospital Furniture Market
16. Latin America Global Healthcare and Hospital Furniture Market
17. MEA Global Healthcare and Hospital Furniture Market
18. Competitor Analysis
19. Company Profiles
Companies Mentioned
- Stryker Corporation
- Renray Healthcare Ltd.
- Narang Medical
- Beaver Healthcare Equipment
- Moore Medical LLC
- GPC Medical Ltd.
- Bio Medical Solutions K
- Chang Gung Medical Technology
- Bristol Maid Hospital Metalcraf
- The Brewer Company
- Anetic Aid Ltd
- DRE Inc.
- Hill-Rom Inc.
Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 200 |
| Published | January 2024 |
| Forecast Period | 2023 - 2034 |
| Estimated Market Value ( USD | $ 9.74 Billion |
| Forecasted Market Value ( USD | $ 20.35 Billion |
| Compound Annual Growth Rate | 6.9% |
| Regions Covered | Global |
| No. of Companies Mentioned | 13 |
