Amazing trends in the hospital furniture market

A comprehensive analysis of hospital furniture market 

Hospital market furniture is a vast market that has shown tremendous progress in recent years. Recent reports on the market research predict a growth rate of 9.8% by 2023 in the global hospital furniture industry. The increasing private investments in the healthcare sectors and excessive urge to enhance these sectors by the government authorities have given rise to a new demand in furniture that complies with the ergonomics and comfort. The opening of new medical colleges and emerging medical facilities in the rural sectors have also contributed substantially to the sudden demand in the industry. Understand about the various segmentations of hospital furniture and the aspects that contribute towards the recent market trends.

Segmentations in the hospital furniture industry

The top hospital furniture manufacturer in Chennai is observing a tremendous growth in the furniture sector as the demand for aesthetically appealing furniture is at an all-time high. Private hospitals and clinics predominantly cater to ergonomics-based design for their institution that not only enhances the visual appeal but also convinces the patients to approach the hospitals. Technically, decors and hospital furniture play a significant role in improving the popularity of a healthcare facility. The growing demand for hospital furniture has, in turn, boosted the growth of the industry. The following section details about the segmentations of hospital furniture according to their usability.

The global market classifies the bedside tables, OT tables, stretchers, scrub sinks, Instrumental stands, trolley, chairs and few other hospital furniture based on types. Few furniture are also classified based on applications as well as end-users. The application-based classification of hospital furniture is further segmented into Physician’s furniture, staff furniture and patient’s furniture. While the examination table and surgery chair fall in the physician’s furniture, stretchers, bedside tables, and similar furniture are classified as patient’s furniture. The end-user segmentation is based on the furniture used in diagnostic centres, hospitals, and clinics. Studies are showing a whopping 65 percent of the global market monopoly of furniture by hospitals. This is followed by diagnostic centres and then by other healthcare facilities.

Global market trends 

America leads the global market of the hospital furniture industry. The privatization and the increased healthcare expenditure have increased the demand for high-end infrastructure and sophisticated furniture at the health care facilities. The developing economies of Asia and Pacific regions are also following the trends of America and are fast catching up with the growing demands. The Middle East and African economies are a bit lagging in this sector.  

Market assessment pointers

The market assessment reports are based on primary research, secondary research, and data analysis. In the primary research, the data is collected through various surveys and interview calls that involve healthcare professionals as well as the manufacturers and retailers.

The secondary research consists of company developments and several market access scenarios that feed data for analysis. The data analysis phase takes in multiple information and also takes into account market size, market factor analysis, and trend and trade analyses.

These are the significant factors that contribute to the market reports and help other emerging economies to enhance their marketing strategies.

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