South Korea Hospital Furniture Market Size, Share, and COVID-19 Impact Analysis, By Type (Bedside Tables, Ot Table, Instrument Stands, Stretchers, Hospital Beds, Chairs, Scrub Sinks, Waste Container, Trolley), By Application (Physician Furniture, Patient’s Furniture and Staffs Furniture), and South Korea Hospital Furniture Market Insights, Industry Trend, Forecasts to 2035
Industry: HealthcareSouth Korea Hospital Furniture Market Insights Forecasts to 2035
- The South Korea Hospital Furniture Market Size was Estimated at USD 243.4 Million in 2024
- The Market Size is Expected to Grow at a CAGR of around 8.61% from 2025 to 2035
- The South Korea Hospital Furniture Market Size is Expected to Reach USD 603.5 Million by 2035
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According to a Research Report Published by Spherical Insights & Consulting, the South Korea Hospital Furniture Market Size is Anticipated to Reach USD 603.5 Million by 2035, Growing at a CAGR of 8.61% from 2025 to 2035. Growing as a result of government investments in modernizing infrastructure, an aging population that needs long-term care, and rising healthcare costs.
Market Overview
The market for hospital furniture in South Korea is the area of the healthcare sector that provides specialty furniture made for use in medical settings like clinics, hospitals, and diagnostic centers. Additionally, many factors are driving notable trends in the hospital furniture market in South Korea. One of the main factors driving the market is the aging population's increasing demand for sophisticated healthcare facilities. The South Korean government places a strong emphasis on healthcare reforms, which is reflected in investment initiatives meant to modernize hospital facilities and advance patient-centered care. The demand for creative hospital furniture that improves comfort and efficiency is rising as a result of this focus, indicating a dedication to updating healthcare settings. As healthcare providers look for furniture solutions that can increase functionality without compromising aesthetics, opportunities in the South Korean market are growing.
Report Coverage
This research report categorizes the market for the South Korea hospital furniture market based on various segments and regions and forecasts revenue growth and analyses trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the South Korea hospital furniture market. Recent market developments and competitive strategies such as expansion, product launch, and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each sub-segment of the South Korea hospital furniture market.
South Korea Hospital Furniture Market Report Coverage
Report Coverage | Details |
---|---|
Base Year: | 2024 |
Market Size in 2024: | USD 243.4 Million |
Forecast Period: | 2024-2035 |
Forecast Period CAGR 2024-2035 : | 8.61% |
2035 Value Projection: | USD 603.5 Million |
Historical Data for: | 2020-2023 |
No. of Pages: | 140 |
Tables, Charts & Figures: | 150 |
Segments covered: | By Type, By Application and COVID-19 Impact Analysis. |
Companies covered:: | Samsung Medison, KPI Healthcare Korea, AIRS Medical Inc., DAIWHA Corp., MediHeroes and Others. |
Pitfalls & Challenges: | Covid-19 Empact, Challenges, Growth, Analysis |
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Driving Factors
The South Korean hospital furniture market industry has been greatly impacted by the apparent rise in both public and private investments in healthcare facilities in the country. Following national policies aimed at enhancing healthcare quality and accessibility, South Korea's healthcare infrastructure has improved. According to recent trends, these encouraging government policies have contributed to a 30% increase in private sector investments in healthcare over the previous five years. The need for sturdy and high-quality hospital furniture is increasing as major stakeholders, such as hospitals and healthcare organizations, realize how important it is to expand new facilities and renovate existing ones. The South Korean government's goal to improve healthcare infrastructure and services is in line with this trend, which will fuel market expansion in the years to come.
Restraining Factors
The market for hospital furniture in South Korea is constrained by high upfront investment costs, constrained hospital renovation budgets, and a sluggish adoption of smart technologies. Domestic growth is also hampered by supply chain interruptions, regulatory complexity, and consumer preference for foreign brands. Market expansion is further hampered by older facilities limited space and a lack of knowledge about ergonomic designs.
Market Segmentation
The South Korea hospital furniture market share is classified into type and application.
- The hospital beds segment held a significant share in 2024 and is expected to grow at a significant CAGR during the forecast period.
The South Korea hospital furniture market is segmented by type into bedside tables, Ot table, instrument stands, stretchers, hospital beds, chairs, scrub sinks, waste container, and trolley. Among these, the hospital beds segment held a significant share in 2024 and is expected to grow at a significant CAGR during the forecast period. Hospital beds continue to be essential for patient comfort and care, incorporating cutting-edge features like height adjustment and mobility aids that directly improve patient outcomes. Because they enable safe and effective patient transportation in healthcare settings a crucial component of both routine procedures and medical emergencies stretchers are especially important.
- The patient’s furniture and staff’s furniture segment held a significant share in 2024 and is expected to grow at a significant CAGR during the forecast period.
The South Korea hospital furniture market is segmented by application into physician furniture and patient’s furniture and staff’s furniture. Among these, the patient’s furniture and staff’s furniture segment held a significant share in 2024 and is expected to grow at a significant CAGR during the forecast period. Comfortable and long-lasting patient furniture is important because it not only enhances the patient experience but also aids in the healing process by creating a welcoming and secure environment. Equally important is staff furniture, which guarantees that healthcare professionals have practical and ergonomic areas in which to carry out their duties. The need for contemporary, flexible furniture systems and the growing emphasis on patient-centered care are the main drivers of these markets' expansion.
Competitive Analysis:
The report offers the appropriate analysis of the key organizations/companies involved within the South Korea hospital furniture market along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.
List of Key Companies
- Samsung Medison
- KPI Healthcare Korea
- AIRS Medical Inc.
- DAIWHA Corp.
- MediHeroes
- Others
Key Target Audience
- Market Players
- Investors
- End-users
- Government Authorities
- Consulting and Research Firm
- Venture capitalists
- Value-Added Resellers (VARs)
Market Segment
This study forecasts revenue at South Korea, regional, and country levels from 2020 to 2035. Spherical Insights has segmented the South Korea Hospital Furniture Market based on the below-mentioned segments:
South Korea Hospital Furniture Market, By Type
- Bedside Tables
- Ot Table
- Instrument Stands
- Stretchers
- Hospital Beds
- Chairs
- Scrub Sinks
- Waste Container
- Trolley
South Korea Hospital Furniture Market, By Application
- Physician Furniture
- Patients Furniture And Staffs Furniture
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