Medical Furniture Market 2021: COVID-19 Impact, Top Trends & Growth Analysis 2026

In December 2020, Skytron, a prominent player in the medical furniture market, rolled out its GS70 Salus surgical table, which is reportedly the first of the company’s Guardian Series of its surgical table lineup. The table provides advanced and unique features that would not only keep the user informed but also fulfill the necessary requirements of the surgery.

According to Skytron, the company has put rigorous efforts towards the development of this surgical table that brings positive outcomes and is beneficial for the end-users in their procedures. The company’s GS70 delivers the automatic adjustment of articulation factors depending on the deployment of the type of accessory. These parameters are also helpful in backing research and development with the aid of the captured performance data.

Such product launches are slated to propel the medical furniture industry demand, stimulating revenue expansion through the forthcoming years.

As per the latest research by Global Market Insights, Inc., the medical furniture market size is estimated to surpass USD 38.7 billion by 2026.

This growth is chiefly ascribed to the surging prevalence of chronic ailments comprising diabetes and cancer at the global level. These chronic diseases are set to cause serious disabilities that require various hospital furniture comprising chairs and stretchers for the performance of surgical operations.

Few prominent trends impelling medical furniture industry growth comprise:

Increasing demand for superior quality medical furniture in the Asia Pacific

The surging healthcare expenditure in the Asia Pacific has resulted in an ample flow of cash in hospitals, leading to the incorporation of advanced hospital furniture in these settings. The Asia Pacific market is anticipated to exhibit an appreciable CAGR of 6.7 per cent through 2026.

Additionally, the governments in India and Australia are also taking an active part in ensuring the availability of superior quality medical furniture in hospitals and ASCs, fostering the growth of the medical furniture industry over the analysis period.

To access sample pages of this report titled, “Medical Furniture Market Size By Product (Beds {Acute Care Beds, Long-term Care Beds, Psychiatric Care Beds, Bariatric Beds}, Chairs, Tables, Trolleys and Stretchers, Cabinets and Lockers), By Material (Wood, Metal, Plastics) By End-use (Hospitals, Home Healthcare, Ambulatory Surgical Centers), Industry Analysis Report, Regional Outlook, Growth Potential, Price Trends, Competitive Market Share & Forecast, 2020 – 2026” in detail along with the table of contents, please click on the link below:

https://www.gminsights.com/request-sample/detail/3121

Soaring popularity of plastic furniture

Multiple benefits comprising the ease of transportation owing to easy availability and minimum weight are likely to impel the growth of the plastic furniture segment in the medical furniture market through the coming years.

The cost effectiveness of plastic furniture over metal and wood furniture are other factors contributing to segment expansion over the projected span. The plastic furniture segment held a commendable revenue of more than USD 6.2 billion in 2019.

Plastic furniture used in clinics, hospitals, and ambulatory surgical centers mainly comprises trolleys, chairs, cabinets, and other products.

Escalating requirement for home healthcare settings

An increase in the geriatric population giving preference to home care treatments is touted to augment the growth of the home healthcare segment in the medical furniture market. The surging demand for home healthcare services in developing economies is also set to propel segment expansion over the anticipated period. The home healthcare segment accounted for nearly 16 per cent of the overall medical furniture market share in 2019.

In a nutshell, the increasing number of accidents leading to a rise in the rate of admissions in the intensive care units is poised to augment the medical furniture market size, boosting industry landscape through the assessment span.

About Global Market Insights, Inc.

Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider, offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy, and biotechnology.

Contact Us:

Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
Phone: 1-302-846-7766
Toll Free: 1-888-689-0688
Email: sales@gminsights.com
Website: https://www.gminsights.com

Back to news