COVID-19 Outbreak-Global Healthcare Furniture Industry Size & Share to Show Highest Growth During Forecast Period 2020-2030
Market Overview
One of the most important aspects of health management and infrastructure is healthcare furnishings. Hospital beds, examination and bedside tables, recliners, recuperation sofas, cupboards, and other items are included. Clinics, hospitals, nursing homes, health care institutions, and diagnostic centers all use these goods. It is commonly thought that a well-designed piece of furniture improves the patient's mood, which in turn affects the patient's health and speed of recovery. Simultaneously, it helps to reduce work-related stress, boredom, and the chance of mistakes, resulting in a more comfortable and conducive working environment for healthcare workers. It would be misleading to claim that all healthcare systems throughout the globe had appropriate hospital infrastructure to accommodate their respective patient populations prior to COVID-19. However, developed nations such as the United States, Canada, Germany, the United Kingdom, and Japan have sufficient resources to manage and treat the sick population. COVID-19 was labelled a pandemic and a worldwide emergency by the World Health Organization in March 2020. The number of people impacted had grown to tens of thousands, resulting in a severe scarcity of hospital furniture, such as hospital beds, ICU beds, stretchers, wheelchairs, sanitation equipment, and emergency workstations.
Global Healthcare Furniture Industry: Key Players
Flexsteel
Overview, Business Strategy, Key Product Offerings, Financial Performance, Key Performance Indicators, Risk Analysis, Recent Development, Regional Presence, SWOT Analysis
Krug
Wieland
Herman Miller
Stance Healthcare
Stryker
Hill-Rom
Haworth
Logiflex
Interna
Intellicare Furniture
Knoll
Steelcase Health
Growth Factor
Availability of superior quality medical infrastructure in hospitals to grow demand
The need for medical furniture has grown due to an increase in hospital admissions and an increase in COVID-19 cases throughout the world. Patient admissions are increasing in emergency departments, owing to a massive increase in emergency visits, as well as a greater risk of acute conditions including heart attacks and strokes, as well as the present COVID-19 eruption. Medical furniture contains high-quality items like beds and surgical tables that aid in the treatment and recovery of patients with various chronic illnesses. As a result, the demand for high-quality medical infrastructure is outpacing the rest of the business.
Segmentation
By Furniture Type:
Beds
Chairs
Bedside and Operating Tables
Others
By Sector:
Public
Private
By Application:
Hospitals and Clinics
Diagnostic Centers
ASCs (Ambulatory Surgical Centers
Homecare Settings
Others
By Material:
Wood
Metal
Plastic
Others
Global Healthcare Furniture Industry Dynamics
Global Healthcare Furniture Industry Size
Supply & Demand
Current Trends/Issues/Challenges
Competition & Companies Involved in the Market
Value Chain of the Market
Market Drivers and Restraints
Recent News Related to Market
In November 2018, LINET released new Virtuoso anti-decubitus mattresses, which can help prevent and treat pressure ulcers. As a result, the introduction of new items would help the firm generate income.
In October 2018, Invacare released Ocean Ergo, which includes six new modular shower chair commodes that are specifically intended to improve user freedom, comfort, and safety. The firm was able to increase its current medical furniture product assortment as a result of the product introduction.
The report sheds light on various aspects and answers pertinent questions on the market. Some of the important ones are:
COVID-19 pre and post business impact analysis
Detailed overview of the parent market
Changing market dynamics in the industry
In-depth market segmentation
What is the Global Healthcare Furniture Industry growth?
Which segment accounted for the largest Global Healthcare Furniture Industry share?
Who are the key players in the Global Healthcare Furniture Industry?
Historical, current and projected market size in terms of volume and value
Recent industry trends and developments
Competitive landscape
Strategies of key players and products offered
Potential and niche segments, geographical regions exhibiting promising growth
A neutral perspective on market performance
Must-have information for market players to sustain and enhance their market footprint
Note: Although care has been taken to maintain the highest levels of accuracy in Fatpos Global’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.
One of the most important aspects of health management and infrastructure is healthcare furnishings. Hospital beds, examination and bedside tables, recliners, recuperation sofas, cupboards, and other items are included. Clinics, hospitals, nursing homes, health care institutions, and diagnostic centers all use these goods. It is commonly thought that a well-designed piece of furniture improves the patient's mood, which in turn affects the patient's health and speed of recovery. Simultaneously, it helps to reduce work-related stress, boredom, and the chance of mistakes, resulting in a more comfortable and conducive working environment for healthcare workers. It would be misleading to claim that all healthcare systems throughout the globe had appropriate hospital infrastructure to accommodate their respective patient populations prior to COVID-19. However, developed nations such as the United States, Canada, Germany, the United Kingdom, and Japan have sufficient resources to manage and treat the sick population. COVID-19 was labelled a pandemic and a worldwide emergency by the World Health Organization in March 2020. The number of people impacted had grown to tens of thousands, resulting in a severe scarcity of hospital furniture, such as hospital beds, ICU beds, stretchers, wheelchairs, sanitation equipment, and emergency workstations.
Global Healthcare Furniture Industry: Key Players
Flexsteel
Overview, Business Strategy, Key Product Offerings, Financial Performance, Key Performance Indicators, Risk Analysis, Recent Development, Regional Presence, SWOT Analysis
Krug
Wieland
Herman Miller
Stance Healthcare
Stryker
Hill-Rom
Haworth
Logiflex
Interna
Intellicare Furniture
Knoll
Steelcase Health
Growth Factor
Availability of superior quality medical infrastructure in hospitals to grow demand
The need for medical furniture has grown due to an increase in hospital admissions and an increase in COVID-19 cases throughout the world. Patient admissions are increasing in emergency departments, owing to a massive increase in emergency visits, as well as a greater risk of acute conditions including heart attacks and strokes, as well as the present COVID-19 eruption. Medical furniture contains high-quality items like beds and surgical tables that aid in the treatment and recovery of patients with various chronic illnesses. As a result, the demand for high-quality medical infrastructure is outpacing the rest of the business.
Segmentation
By Furniture Type:
Beds
Chairs
Bedside and Operating Tables
Others
By Sector:
Public
Private
By Application:
Hospitals and Clinics
Diagnostic Centers
ASCs (Ambulatory Surgical Centers
Homecare Settings
Others
By Material:
Wood
Metal
Plastic
Others
Global Healthcare Furniture Industry Dynamics
Global Healthcare Furniture Industry Size
Supply & Demand
Current Trends/Issues/Challenges
Competition & Companies Involved in the Market
Value Chain of the Market
Market Drivers and Restraints
Recent News Related to Market
In November 2018, LINET released new Virtuoso anti-decubitus mattresses, which can help prevent and treat pressure ulcers. As a result, the introduction of new items would help the firm generate income.
In October 2018, Invacare released Ocean Ergo, which includes six new modular shower chair commodes that are specifically intended to improve user freedom, comfort, and safety. The firm was able to increase its current medical furniture product assortment as a result of the product introduction.
The report sheds light on various aspects and answers pertinent questions on the market. Some of the important ones are:
COVID-19 pre and post business impact analysis
Detailed overview of the parent market
Changing market dynamics in the industry
In-depth market segmentation
What is the Global Healthcare Furniture Industry growth?
Which segment accounted for the largest Global Healthcare Furniture Industry share?
Who are the key players in the Global Healthcare Furniture Industry?
Historical, current and projected market size in terms of volume and value
Recent industry trends and developments
Competitive landscape
Strategies of key players and products offered
Potential and niche segments, geographical regions exhibiting promising growth
A neutral perspective on market performance
Must-have information for market players to sustain and enhance their market footprint
Note: Although care has been taken to maintain the highest levels of accuracy in Fatpos Global’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.
1. EXECUTIVE SUMMARY
2. GLOBAL HEALTHCARE FURNITURE INDUSTRY
2.1. Product Overview
2.2. Market Definition
2.3. Segmentation
2.4. Assumptions and Acronyms
3. RESEARCH METHODOLOGY
3.1. Research Objectives
3.2. Primary Research
3.3. Secondary Research
3.4. Forecast Model
3.5. Market Size Estimation
4. AVERAGE PRICING ANALYSIS
5. MACRO-ECONOMIC INDICATORS
6. MARKET DYNAMICS
6.1. Growth Drivers
6.2. Restraints
6.3. Opportunity
6.4. Trends
7. CORRELATION & REGRESSION ANALYSIS
7.1. Correlation Matrix
7.2. Regression Matrix
8. RECENT DEVELOPMENT, POLICIES & REGULATORY LANDSCAPE
9. RISK ANALYSIS
9.1. Demand Risk Analysis
9.2. Supply Risk Analysis
10. GLOBAL HEALTHCARE FURNITURE INDUSTRY ANALYSIS
10.1. Porters Five Forces
10.1.1. Threat of New Entrants
10.1.2. Bargaining Power of Suppliers
10.1.3. Threat of Substitutes
10.1.4. Rivalry
10.2. PEST Analysis
10.2.1. Political
10.2.2. Economic
10.2.3. Social
10.2.4. Technological
11. GLOBAL HEALTHCARE FURNITURE INDUSTRY
11.1. Market Size & forecast, 2020A-2030F
11.1.1. By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
11.1.2. By Volume (Million Units) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
12. GLOBAL HEALTHCARE FURNITURE INDUSTRY: MARKET SEGMENTATION
12.1. By Regions
12.1.1. North America:(U.S. and Canada), By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
12.1.2. Europe: (Germany, UK, France, Italy, Spain, Russia and Rest of Europe), By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
12.1.3. Asia-Pacific: (China, India, Japan, South Korea, Australia and Rest of Asia Pacific), By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
12.1.4. Middle East and Africa: (UAE, Egypt, Saudi Arabia, Nigeria, South Africa and others), By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
12.1.5. South America: (Brazil, Argentina, Columbia, Chile and others), Y-o-Y Growth (%) 2021-2030F
12.1.6. Rest of the World, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
12.2. By Furniture Type: Market Share (2020-2030F)
12.2.1. Beds, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
12.2.2. Chairs, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
12.2.3. Bedside and Operating Tables, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
12.2.4. Others, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
12.3. By Sector: Market Share (2020-2030F)
12.3.1. Public, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
12.3.2. Private, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
12.4. By Application: Market Share (2020-2030F)
12.4.1. Hospitals and Clinics, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
12.4.2. Diagnostic Centers, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
12.4.3. ASCs (Ambulatory Surgical Centers), By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
12.4.4. Homecare Settings, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
12.4.5. Others, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
12.5. By Material: Market Share (2020-2030F)
12.5.1. Wood, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
12.5.2. Metal, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
12.5.3. Plastic, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
12.5.4. Others, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
13. COMPANY PROFILE
13.1. Flexsteel
13.1.1. Company Overview
13.1.2. Company Total Revenue (Financials)
13.1.3. Market Potential
13.1.4. Global Presence
13.1.5. Key Performance Indicators
13.1.6. SWOT Analysis
13.1.7. Product Launch
13.2. Krug
13.3. Wieland
13.4. Herman Miller
13.5. Stance Healthcare
13.6. Stryker
13.7. Hill-Rom
13.8. Haworth
13.9. Logiflex
13.10. Interna
13.11. Intellicare Furniture
13.12. Knoll
13.13. Steelcase Health
Consultant Recommendation
**The above-given segmentations and companies could be subjected to further modification based on in-depth feasibility studies conducted for the final deliverable.
2. GLOBAL HEALTHCARE FURNITURE INDUSTRY
2.1. Product Overview
2.2. Market Definition
2.3. Segmentation
2.4. Assumptions and Acronyms
3. RESEARCH METHODOLOGY
3.1. Research Objectives
3.2. Primary Research
3.3. Secondary Research
3.4. Forecast Model
3.5. Market Size Estimation
4. AVERAGE PRICING ANALYSIS
5. MACRO-ECONOMIC INDICATORS
6. MARKET DYNAMICS
6.1. Growth Drivers
6.2. Restraints
6.3. Opportunity
6.4. Trends
7. CORRELATION & REGRESSION ANALYSIS
7.1. Correlation Matrix
7.2. Regression Matrix
8. RECENT DEVELOPMENT, POLICIES & REGULATORY LANDSCAPE
9. RISK ANALYSIS
9.1. Demand Risk Analysis
9.2. Supply Risk Analysis
10. GLOBAL HEALTHCARE FURNITURE INDUSTRY ANALYSIS
10.1. Porters Five Forces
10.1.1. Threat of New Entrants
10.1.2. Bargaining Power of Suppliers
10.1.3. Threat of Substitutes
10.1.4. Rivalry
10.2. PEST Analysis
10.2.1. Political
10.2.2. Economic
10.2.3. Social
10.2.4. Technological
11. GLOBAL HEALTHCARE FURNITURE INDUSTRY
11.1. Market Size & forecast, 2020A-2030F
11.1.1. By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
11.1.2. By Volume (Million Units) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
12. GLOBAL HEALTHCARE FURNITURE INDUSTRY: MARKET SEGMENTATION
12.1. By Regions
12.1.1. North America:(U.S. and Canada), By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
12.1.2. Europe: (Germany, UK, France, Italy, Spain, Russia and Rest of Europe), By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
12.1.3. Asia-Pacific: (China, India, Japan, South Korea, Australia and Rest of Asia Pacific), By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
12.1.4. Middle East and Africa: (UAE, Egypt, Saudi Arabia, Nigeria, South Africa and others), By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
12.1.5. South America: (Brazil, Argentina, Columbia, Chile and others), Y-o-Y Growth (%) 2021-2030F
12.1.6. Rest of the World, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
12.2. By Furniture Type: Market Share (2020-2030F)
12.2.1. Beds, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
12.2.2. Chairs, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
12.2.3. Bedside and Operating Tables, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
12.2.4. Others, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
12.3. By Sector: Market Share (2020-2030F)
12.3.1. Public, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
12.3.2. Private, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
12.4. By Application: Market Share (2020-2030F)
12.4.1. Hospitals and Clinics, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
12.4.2. Diagnostic Centers, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
12.4.3. ASCs (Ambulatory Surgical Centers), By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
12.4.4. Homecare Settings, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
12.4.5. Others, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
12.5. By Material: Market Share (2020-2030F)
12.5.1. Wood, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
12.5.2. Metal, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
12.5.3. Plastic, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
12.5.4. Others, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
13. COMPANY PROFILE
13.1. Flexsteel
13.1.1. Company Overview
13.1.2. Company Total Revenue (Financials)
13.1.3. Market Potential
13.1.4. Global Presence
13.1.5. Key Performance Indicators
13.1.6. SWOT Analysis
13.1.7. Product Launch
13.2. Krug
13.3. Wieland
13.4. Herman Miller
13.5. Stance Healthcare
13.6. Stryker
13.7. Hill-Rom
13.8. Haworth
13.9. Logiflex
13.10. Interna
13.11. Intellicare Furniture
13.12. Knoll
13.13. Steelcase Health
Consultant Recommendation
**The above-given segmentations and companies could be subjected to further modification based on in-depth feasibility studies conducted for the final deliverable.
