Global Medical Furniture Market Size to Exceed USD 19.45 Billion by 2035 | CAGR of 6.68%
Category: HealthcareGlobal Medical Furniture Market Size to Exceed USD 19.45 Billion by 2035
According to a Research Report Published by Spherical Insights & Consulting, The Global Medical Furniture Market Size is expected to Grow from USD 9.55 Billion in 2024 to USD 19.45 Billion by 2035, at a CAGR of 6.68% during the forecast period 2025-2035.
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Browse 210 Market Data Tables And 45 Figures Spread Through 190 Pages and In-Depth TOC On the "Global Medical Furniture Market Size, Share, and COVID-19 Impact Analysis, By Product Type (Beds, Cabinets, Chairs, Lockers, and Others), By End User (Hospitals, Ambulatory Surgical Centers, and Others), and By Region (North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa), Analysis and Forecast 2025 – 2035." Get Detailed Report Description Here: https://www.sphericalinsights.com/reports/medical-furniture-market
The medical furniture refers to a specialty of furnishings and equipment made especially for use in healthcare settings, including clinics, hospitals, diagnostic centers, assisted living facilities, and other medical establishments. Spending on home based care is increasing as providers and payers work to lower inpatient expenses. To meet comfort and safety standards, smart beds for home usage come with silent actuators, battery backup, and mobile app connectivity. As rents rise, medical outpatient facility vacancy rates continue to decline, indicating a larger trend toward community locations that require more consumer style, lighter furnishings. Vendors compete on white glove installation, smooth logistics, and IoT dashboards that enable visiting nurses and relatives to remotely monitor vital signs. Setting a standard, Stryker's fully wireless ProCuity series reduced trip hazards, made bed movements easier, and did away with hardwired nurse-call cords. LoRaWAN enabled rails allow sensors built into frames to record temperature, heart rate, and ECG data, which is then transmitted over secure networks even in the event of a WiFi outage. The premium segment of the medical furniture market is strengthened by these linked systems, which enable physicians to automate patient rotation, monitor bed exit alarms, and perform predictive analytics that reduce fall rates. However, the Medical Furniture's lack of infrastructure in rural areas is likely going to restrict market expansion.
The beds segment dominated the market in 2024, accounting for approximately 46.78% and is projected to grow at a substantial CAGR during the forecast period.
Based on the product type, the medical furniture market is divided into beds, cabinets, chairs, lockers, and others. Among these, the beds segment dominated the market in 2024 and is projected to grow at a substantial CAGR during the forecast period. The segment's development is stimulated by an increase in hospital admissions, more surgeries, and a growing need for sophisticated intensive care units and multipurpose beds, which will fuel ongoing innovation and significant growth over the course of the projected period.
The hospitals segment accounted for the largest share in 2024, accounting for approximately 63.25% and is anticipated to grow at a remarkable CAGR during the forecast period.
Based on the end user, the medical furniture market is divided into hospitals, ambulatory surgical centers, and others. Among these, the hospitals segment accounted for the largest share in 2024 and is anticipated to grow at a remarkable CAGR during the forecast period. The segment's increase is prompted by growing investments in cutting edge medical equipment, expanding healthcare infrastructure, and an increase in patient volume. There is a constant need for sturdy, high quality medical furniture in both public and private hospital settings.
North America is expected to hold the majority share, representing nearly 7.53% of the global medical furniture market during the forecast period.
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North America is expected to hold the majority share, representing nearly 7.53% of the global medical furniture market during the forecast period. The medical furniture market is encouraged because of its large healthcare budget, well established healthcare infrastructure, quick adoption of cutting edge technologies, and rising need for ergonomic and patient centered medical furniture.
Asia Pacific is anticipated to grow at the fastest pace, representing nearly 7% in the global medical furniture market during the forecast period. The medical furniture market in the Asia Pacific is bolstered by the growing number of older individuals, the expansion of hospital infrastructure, the rise in healthcare investments, and the growing need for contemporary medical facilities in emerging economies like China and India.
Major vendors in the global medical furniture market are Grifols, Bayer, CSL Behring, Saol Therapeutics, Octapharma, Kedrion Biopharma, Emergent BioSolutions, Bio Products Laboratory, Kamada Pharmaceuticals, and Others.
Key Target Audience
- Market Players
- Investors
- End-users
- Government Authorities
- Consulting and Research Firm
- Venture capitalists
- Value-Added Resellers (VARs)
Recent Development
In May 2022, an innovative stretcher with new-generation techniques was launched by LINET. With its newer solutions, it announced its durability and capacity to take patients' transportation and care to the next level. It is the premium emergency and transportation stretcher named Sprint 200.
In May 2022, Invacare Corporation launched an innovative Birdie Evo XPLUS, a better and more reliable lift solution for patients that helps them in post-acute care settings.
Market Segment
This study forecasts revenue at global, regional, and country levels from 2020 to 2035. Spherical Insights has segmented the medical furniture market based on the following segments:
Global Medical Furniture Market, By Product Type
- Beds
- Cabinets
- Chairs
- Lockers
- Others
Global Medical Furniture Market, By End User
- Hospitals
- Ambulatory Surgical Centers
- Others
Global Medical Furniture Market, By Regional Analysis
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- UK
- France
- Italy
- Spain
- Russia
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- South Korea
- Australia
- Rest of Asia Pacific
- South America
- Brazil
- Argentina
- Rest of South America
- Middle East & Africa
- UAE
- Saudi Arabia
- Qatar
- South Africa
- Rest of the Middle East & Africa
About the Spherical Insights & Consulting
Spherical Insights & Consulting is a market research and consulting firm which provides actionable market research study, quantitative forecasting and trends analysis provides forward-looking insight especially designed for decision makers and aids ROI.
Which is catering to different industry such as financial sectors, industrial sectors, government organizations, universities, non-profits and corporations. The company's mission is to work with businesses to achieve business objectives and maintain strategic improvements.
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