The Worldwide Healthcare Furniture Industry is Expected to Reach $9.4 Billion by 2027 at a 5.54% CAGR - ResearchAndMarkets.com
DUBLIN--(BUSINESS WIRE)--The "Healthcare Furniture Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027" report has been added to ResearchAndMarkets.com's offering.
The global healthcare furniture market reached a value of US$ 6.8 Billion in 2021. Looking forward, the publisher expects the market to reach US$ 9.4 Billion by 2027, exhibiting a CAGR of 5.54% during 2021-2027.
Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use sectors. These insights are included in the report as a major market contributor.
Healthcare furniture is one of the key components of health management and infrastructure. It includes various products such as hospital beds, examination and bedside tables, recliners, recovery couches, cabinets, etc. These products find extensive usage in clinics, hospitals, nursing homes, health care facilities and diagnostic centres.
It is widely believed that a well-designed set of furniture helps in improving the mood of the patient, which consequently influences the health and speed of recovery. At the same time, it aids in reducing work-related stress, monotony and risks of errors, thus creating a comfortable and conducive work environment for healthcare professionals.
An increasing number of specialty clinics and hospitals, along with the growing prevalence of chronic disorders across the globe is the key factor driving the growth of the market. Furthermore, the market is impacted by the ever-increasing number of physically challenged individuals who need high-quality medical assistance.
Additionally, an increasing number of fatal injury cases owing to factors such as rising road accidents has also created a positive outlook for the market. Any kind of fatal injury requires the involvement of surgery and other related medical procedure, which prolongs the hospital stay for the patient. This has consequently accelerated the demand for comfortable healthcare furniture for both the patients and their family members.
This has also led to the need for renovating the existing healthcare infrastructure of several healthcare facilities across the globe. Moreover, continuous technological developments and the launch of innovative product variants such as the introduction of motorized stretcher chairs, mattress are also projected to favor the growth of the market. Other factors including rapid urbanization, rising disposable income and increasing per capita health care expenditures across the globe are also contributing significantly to the market growth.
The publisher's latest report provides a deep insight into the global healthcare furniture market covering all its essential aspects. This ranges from macro overview of the market to micro details of the industry performance, recent trends, key market drivers and challenges, SWOT analysis, Porter's five forces analysis, value chain analysis, etc. This report is a must-read for entrepreneurs, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the healthcare furniture market in any manner.
Key Market Segmentation:
The publisher provides an analysis of the key trends in each sub-segment of the global healthcare furniture market, along with forecasts at the global and regional level from 2022-2027. Our report has categorized the market based on furniture type, sector, application, material and distribution channel.
Breakup by Furniture Type:
- Beds
- Chairs
- Bedside and Operating Tables
- Others
Breakup by Sector:
- Public
- Private
Breakup by Application:
- Hospitals and Clinics
- Diagnostic Centres
- ASCs (Ambulatory Surgical Centres)
- Homecare Settings
- Others
Breakup by Material:
- Wood
- Metal
- Plastic
- Others
Breakup by Distribution Channel:
- Direct Sales
- Distributors and Dealers
- Others
Breakup by Region:
- North America
- Europe
- Asia Pacific
- Middle East and Africa
- Latin America
Key Questions Answered in This Report
- What was the size of the global healthcare furniture market in 2021?
- What is the expected growth rate of the global healthcare furniture market during 2022- 2027?
- What are the key factors driving the global healthcare furniture market?
- What has been the impact of COVID-19 on the global healthcare furniture market?
- What is the breakup of the global healthcare furniture market based on the furniture type?
- What is the breakup of the global healthcare furniture market based on the sector?
- What is the breakup of the global healthcare furniture market based on the application?
- What is the breakup of the global healthcare furniture market based on the material?
- What is the breakup of the global healthcare furniture market based on the distribution channel?
- What are the key regions in the global healthcare furniture market?
For more information about this report visit https://www.researchandmarkets.com/r/qa9364
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