Pre-order Enquiry
Request Free Sample
Global Hospital Furniture Market 2019-2023
SKU ID : TNV-14770430 | Publishing Date : 08-Feb-2019 | No. of pages : 111
Request Sample
Request Customization
Check Discounts
About this market
International accreditation of hospitals is one of the major drivers for the global hospital furniture market. One of the key constituents of infrastructure is the hospital furniture comprising hospital beds, bedside tables, and examination tables and chairs. Moreover, the accreditations stated on the webpage of the companies boost customer confidence in hospitals, which helps in enrolling more patients, who are need of medical treatments. Therefore, the accreditation factor will play a significant role in aiding the growth of the global hospital furniture market during the forecast period. analysts have predicted that the hospital furniture market will register a CAGR of over 6% by 2023.
Growing number of road accidents and fatal sports injuries
Injuries occurred while playing sports and road accidents are the two major contributors to the rising number of surgeries globally. These injuries can result in dislocations and fatal fractures, and patients need to undergo surgery for the treatment. This has led to an increase in the adoption of hospital furniture such as hospital beds, bedside tables, and cabinets.
Limited sustainability of smaller vendors
A significant share of the market is distributed among major vendors. It is extremely difficult for a new player to enter the market and gain substantial revenue, as the hospital furniture manufacturing process is expensive for small and medium players. This will result in the market becoming highly consolidated and competitive, which will act as a hindrance to the global hospital furniture market.
For the detailed list of factors that will drive and challenge the growth of the hospital furniture market during the 2019-2023, view our report.
The market appears to be moderately fragmented and with the presence of several vendors. This market research report will help clients identify new growth opportunities and design unique growth strategies by providing a comprehensive analysis of the market’s competitive landscape and offering information on the products offered by companies.
International accreditation of hospitals is one of the major drivers for the global hospital furniture market. One of the key constituents of infrastructure is the hospital furniture comprising hospital beds, bedside tables, and examination tables and chairs. Moreover, the accreditations stated on the webpage of the companies boost customer confidence in hospitals, which helps in enrolling more patients, who are need of medical treatments. Therefore, the accreditation factor will play a significant role in aiding the growth of the global hospital furniture market during the forecast period. analysts have predicted that the hospital furniture market will register a CAGR of over 6% by 2023.
Market Overview
Growing number of road accidents and fatal sports injuries
Injuries occurred while playing sports and road accidents are the two major contributors to the rising number of surgeries globally. These injuries can result in dislocations and fatal fractures, and patients need to undergo surgery for the treatment. This has led to an increase in the adoption of hospital furniture such as hospital beds, bedside tables, and cabinets.
Limited sustainability of smaller vendors
A significant share of the market is distributed among major vendors. It is extremely difficult for a new player to enter the market and gain substantial revenue, as the hospital furniture manufacturing process is expensive for small and medium players. This will result in the market becoming highly consolidated and competitive, which will act as a hindrance to the global hospital furniture market.
For the detailed list of factors that will drive and challenge the growth of the hospital furniture market during the 2019-2023, view our report.
Competitive Landscape
The market appears to be moderately fragmented and with the presence of several vendors. This market research report will help clients identify new growth opportunities and design unique growth strategies by providing a comprehensive analysis of the market’s competitive landscape and offering information on the products offered by companies.
Frequently Asked Questions
This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
- By product type
- By End User/Applications
- By Technology
- By Region
The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.
