Medical furniture market to reach $8.5 billion by 2025
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The medical furniture market will exceed $8.5 billion by 2025, according to a new research report by Global Market Insights, Inc.

Advancements in healthcare infrastructure, especially in developing economies, will propel medical furniture market growth in coming years.

Governments in emerging economies are improving hospital infrastructure and patients have a preference for hospitals equipped with quality infrastructure including medical furniture.

The table segment currently accounts for a significant revenue share and is expected to witness 5.8 percent growth from 2019 to 2025. The segment includes a wide range of products such as surgical tables, bedside tables and examination tables.

The metal segment dominated the medical furniture market in 2018 with 50.6 percent revenue share. Increased levels of safety associated with metal furniture favors segment growth.

The home healthcare settings segment will grow at 6.1 percent over the forecast time frame owing to several advantages associated with these institutions.

The Latin America medical furniture market was valued at $728 million in 2018. Considerable regional revenue size can be associated with the development of healthcare infrastructure in countries such as Brazil and Mexico.

Notable industry players operational in the medical furniture market are Philips Healthcare, Johnson & Johnson, GE Healthcare, Luxor, Invacare Corp., Omron Corp., Met-lak, Kovonax, Promotal, Steris Corp., Skytron, Hill-Rom Holdings, Getinge and Stryker.

See https://www.gminsights.com/industry-analysis/medical-furniture-market

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Karl Forth

Karl D. Forth is online editor for CCI Media. He also writes news and feature stories in FDMC Magazine, in addition to newsletters and custom publishing projects. He is also involved in event organization, and compiles the annual FDM 300 list of industry leaders. He can be reached at [email protected].