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report thumbnailIndia Hospital Furniture Market

India Hospital Furniture Market Soars to USD million , witnessing a CAGR of 9.8 during the forecast period 2024-2032

India Hospital Furniture Market by Product Type (Tables {Examination Table, Surgical Table, Others}, Beds {Acute Care Beds, Psychiatric Beds, ICU Beds, Others}, Chairs {Manual, Electric}, Medical Carts, Trolleys & Stretchers, Others), by Sector (Government, Private), by Forecast 2024-2032

Jun 21 2024
Base Year: 2023
180 Pages
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India Hospital Furniture Market Soars to USD million , witnessing a CAGR of 9.8 during the forecast period 2024-2032

Key Insights

The India Hospital Furniture Marketsize was valued at USD 318.7 USD million in 2023 and is projected to reach USD 613.19 USD million by 2032, exhibiting a CAGR of 9.8 % during the forecast period. Hospital furniture is the system of various specialized instruments and furniture used for operations in healthcare places such as hospitals, clinics, and medical/healthcare centers. Such furnishings are purposefully designed to cater for the unique and peculiar health care demands. Thus, they are sturdier, offer comfort to patients, enhance infection control, are mobile, serve best functional needs, ensure safety, and optimize space. Hospital items must exhibit toughness to brave non-stop wear and tear and easy wiping for carrying out the hygiene requirements. Comfort of patients is sine qua non, achieved with the grace of ergonomics and the support of adjustable elements in the beds, seating and the mattress. Cleaning will be much easier using materials and designs that are easy to clean and avoiding the designs that allow dirt to spread easily in the environment. Wheeled, adjustable and accessibility furniture can be offered to patients with mobility issues to promote their mobility and accessibility. For patients with more severe problems like sitting, getting in and out of bed, toileting, moving around the room and various obstacles, grab bars and ramps are practical aids. Functionality is founded on highly specialized equipment as there are examination tables, bedside tables, infusion stands, and patient lifts are essential for meeting both treatment needs and delivering care. The effect of the hospital furniture is noticeable in the health care settings, creating comfortable and healthy environments for patients and staff, preventing creepy-crawlies, ensuring smooth workflow, improve patients' experience, making sure best safety on the floor and efficient space utilization. In general, the role of hospital furniture becomes decisive for no particular mason by the fact that it is extremely important in creating the needful and functional atmosphere for providing quality care to patients.

India Hospital Furniture Market Research Report - Market Size, Growth & Forecast

India Hospital Furniture Trends

  • Increasing demand for ergonomic furniture: Hospitals are increasingly investing in ergonomic furniture to improve patient comfort and staff productivity.
  • Adoption of advanced technologies: The use of advanced technologies, such as IoT and AI, is transforming the hospital furniture industry.
  • Focus on sustainability: Hospitals are becoming more environmentally conscious and are choosing furniture made from sustainable materials.

Driving Forces: What's Propelling the India Hospital Furniture Market

  • Rising number of hospitals and healthcare facilities: The increasing number of hospitals and healthcare facilities is creating a demand for hospital furniture.
  • Growing awareness about healthcare: Rising awareness about healthcare is leading to an increase in demand for quality healthcare services, including comfortable and functional hospital furniture.
  • Government initiatives to improve healthcare infrastructure: Government initiatives to improve healthcare infrastructure are providing a boost to the hospital furniture market.

Challenges and Restraints in India Hospital Furniture Market

  • High cost of hospital furniture: The high cost of hospital furniture can be a barrier to entry for some healthcare providers.
  • Lack of skilled labor: The lack of skilled labor in the hospital furniture industry can hinder product development and manufacturing.
  • Competition from international players: The presence of international players in the Indian market poses a challenge to domestic manufacturers.

Emerging Trends in India Hospital Furniture

  • Smart hospital furniture: The use of IoT and AI in hospital furniture is creating smart furniture that can monitor patient health and improve staff efficiency.
  • Personalized hospital furniture: Hospitals are investing in personalized furniture to meet the specific needs of patients and staff.
  • Furniture rental: The furniture rental market is growing in India, allowing healthcare providers to acquire hospital furniture without a large upfront investment.

Growth Catalysts in India Hospital Furniture Industry

India Hospital Furniture Market Growth
  • Government initiatives: Government initiatives to improve healthcare infrastructure and support domestic manufacturing are expected to drive market growth.
  • Increasing healthcare tourism: The growth of healthcare tourism in India is creating a demand for high-quality hospital furniture.
  • Rising demand for home healthcare: The increasing demand for home healthcare services is expected to create a market for home hospital furniture.

Market Segmentation: India Hospital Furniture Analysis

Product Type:

  • Tables: Examination Table, Surgical Table, Others
  • Beds: Acute Care Beds, Psychiatric Beds, ICU Beds, Others
  • Chairs: Manual, Electric
  • Medical Carts, Trolleys & Stretchers
  • Others

Sector:

  • Government
  • Private

Leading Players in the India Hospital Furniture Market

  • Stryker (United States)
  • Herman Miller, Inc. (United States)
  • GPC Medical Ltd. (India)
  • SKYTRON, LLC (United States)
  • PMT Healthcare (India)
  • Midmark India Pvt. Ltd. (Midmark Corporation) (United States)
  • Baxter (United States)
  • STERIS (United States)
  • Narang Medical Limited (India)

Significant developments in India Hospital Furniture Sector

  • In 2022, SKYTRON, LLC announced the launch of its new line of surgical tables in India.
  • In 2021, GPC Medical Ltd. acquired Paramount Surgimed to expand its product portfolio.

Comprehensive Coverage India Hospital Furniture Market Report

The India Hospital Furniture Market Report provides a comprehensive analysis of the market, including:

  • Key market trends and insights
  • Industry analysis and growth drivers
  • Segmentation and market share analysis
  • Competitive landscape and key players
  • Emerging trends and future opportunities
  • PESTLE analysis and Porter's Five Forces analysis

Regional Insight

India Hospital Furniture Market Regional Share

The India hospital furniture market is segmented into North India, South India, East India, and West India. North India is the largest market for hospital furniture, followed by South India.

DROCT

  • Drivers: Rising number of hospitals and healthcare facilities, increasing awareness about healthcare, government initiatives to improve healthcare infrastructure.
  • Restraints: High cost of hospital furniture, lack of skilled labor, competition from international players.
  • Opportunities: Smart hospital furniture, personalized hospital furniture, furniture rental.
  • Challenges: Lack of awareness about ergonomic furniture, competition from low-cost imports.
  • Threats: Economic downturn, changing government policies.

Pricing Analysis

The price of hospital furniture varies depending on the type of furniture, brand, and materials used. Basic models of furniture are available at a lower price point, while advanced models with features like ergonomics and smart technology are more expensive.

Import And Export Analysis

India is a net importer of hospital furniture, primarily from China and Germany. The import of hospital furniture is expected to increase in the coming years due to the growing demand for quality hospital furniture.

Segmentation

The India hospital furniture market is segmented into product type, sector, and region. The product type segment includes tables, beds, chairs, medical carts, trolleys & stretchers, and others. The sector segment includes government and private hospitals. The region segment includes North India, South India, East India, and West India.

Patent/Trademark Analysis

There are a number of patents and trademarks related to hospital furniture in India. These patents and trademarks cover a wide range of technologies, including ergonomic design, smart furniture, and antimicrobial materials.

India Hospital Furniture Market REPORT HIGHLIGHTS

AspectsDetails
Study Period 2018-2032
Base Year 2023
Estimated Year 2024
Forecast Period2024-2032
Historical Period2018-2023
Growth RateCAGR of 9.8% from 2018-2032
Segmentation
    • By Product Type
      • Tables {Examination Table
      • Surgical Table
      • Others}
      • Beds {Acute Care Beds
      • Psychiatric Beds
      • ICU Beds
      • Others}
      • Chairs {Manual
      • Electric}
      • Medical Carts
      • Trolleys & Stretchers
      • Others
    • By Sector
      • Government
      • Private
  • By Geography

Frequently Asked Questions

Table Of Content
  1. 1. Introduction
    • 1.1. Research Scope
    • 1.2. Market Segmentation
    • 1.3. Research Methodology
    • 1.4. Definitions and Assumptions
  2. 2. Executive Summary
    • 2.1. Introduction
  3. 3. Market Dynamics
    • 3.1. Introduction
      • 3.2. Market Drivers
        • 3.2.1. Increasing Awareness of Chronic Diseases to Boost Product Demand
      • 3.3. Market Restrains
        • 3.3.1. Rising Preference Toward Refurbished and Rental Hospital Furniture is Likely to Impede the Market Growth
      • 3.4. Market Trends
        • 3.4.1. Increasing Number of Hospitals and ASCs Identified as Significant Market Trend
  4. 4. Market Factor Analysis
    • 4.1. Porters Five Forces
    • 4.2. Supply/Value Chain
    • 4.3. PESTEL analysis
    • 4.4. Market Entropy
    • 4.5. Patent/Trademark Analysis
  5. 5. India Hospital Furniture Market Analysis, Insights and Forecast, 2018-2030
    • 5.1. Market Analysis, Insights and Forecast - by Product Type
      • 5.1.1. Tables {Examination Table
      • 5.1.2. Surgical Table
      • 5.1.3. Others}
      • 5.1.4. Beds {Acute Care Beds
      • 5.1.5. Psychiatric Beds
      • 5.1.6. ICU Beds
      • 5.1.7. Others}
      • 5.1.8. Chairs {Manual
      • 5.1.9. Electric}
      • 5.1.10. Medical Carts
      • 5.1.11. Trolleys & Stretchers
      • 5.1.12. Others
    • 5.2. Market Analysis, Insights and Forecast - by Sector
      • 5.2.1. Government
      • 5.2.2. Private
    • 5.3. Market Analysis, Insights and Forecast - by Region
      • 5.3.1.
  6. 6. North India Hospital Furniture Market Analysis, Insights and Forecast, 2018-2030
      • 6.1. Market Analysis, Insights and Forecast - By Product Type
        • 6.1.1 Tables {Examination Table
        • 6.1.2 Surgical Table
        • 6.1.3 and Others}
        • 6.1.4 Beds {Acute Care Beds
        • 6.1.5 Psychiatric Beds
        • 6.1.6 ICU Beds
        • 6.1.7 and Others}
        • 6.1.8 Chairs {Manual and Electric}
        • 6.1.9 Medical Carts
        • 6.1.10 Trolleys & Stretchers
        • 6.1.11 Others
      • 6.2. Market Analysis, Insights and Forecast - By Sector
        • 6.2.1 Government
        • 6.2.2 Private
  7. 7. West India Hospital Furniture Market Analysis, Insights and Forecast, 2018-2030
      • 7.1. Market Analysis, Insights and Forecast - By Product Type
        • 7.1.1 Tables {Examination Table
        • 7.1.2 Surgical Table
        • 7.1.3 and Others}
        • 7.1.4 Beds {Acute Care Beds
        • 7.1.5 Psychiatric Beds
        • 7.1.6 ICU Beds
        • 7.1.7 and Others}
        • 7.1.8 Chairs {Manual and Electric}
        • 7.1.9 Medical Carts
        • 7.1.10 Trolleys & Stretchers
        • 7.1.11 Others
      • 7.2. Market Analysis, Insights and Forecast - By Sector
        • 7.2.1 Government
        • 7.2.2 Private
  8. 8. South India Hospital Furniture Market Analysis, Insights and Forecast, 2018-2030
      • 8.1. Market Analysis, Insights and Forecast - By Product Type
        • 8.1.1 Tables {Examination Table
        • 8.1.2 Surgical Table
        • 8.1.3 and Others}
        • 8.1.4 Beds {Acute Care Beds
        • 8.1.5 Psychiatric Beds
        • 8.1.6 ICU Beds
        • 8.1.7 and Others}
        • 8.1.8 Chairs {Manual and Electric}
        • 8.1.9 Medical Carts
        • 8.1.10 Trolleys & Stretchers
        • 8.1.11 Others
      • 8.2. Market Analysis, Insights and Forecast - By Sector
        • 8.2.1 Government
        • 8.2.2 Private
  9. 9. East & Northeast India Hospital Furniture Market Analysis, Insights and Forecast, 2018-2030
      • 9.1. Market Analysis, Insights and Forecast - By Product Type
        • 9.1.1 Tables {Examination Table
        • 9.1.2 Surgical Table
        • 9.1.3 and Others}
        • 9.1.4 Beds {Acute Care Beds
        • 9.1.5 Psychiatric Beds
        • 9.1.6 ICU Beds
        • 9.1.7 and Others}
        • 9.1.8 Chairs {Manual and Electric}
        • 9.1.9 Medical Carts
        • 9.1.10 Trolleys & Stretchers
        • 9.1.11 Others
      • 9.2. Market Analysis, Insights and Forecast - By Sector
        • 9.2.1 Government
        • 9.2.2 Private
  10. 10. Central India India Hospital Furniture Market Analysis, Insights and Forecast, 2018-2030
      • 10.1. Market Analysis, Insights and Forecast - By Product Type
        • 10.1.1 Tables {Examination Table
        • 10.1.2 Surgical Table
        • 10.1.3 and Others}
        • 10.1.4 Beds {Acute Care Beds
        • 10.1.5 Psychiatric Beds
        • 10.1.6 ICU Beds
        • 10.1.7 and Others}
        • 10.1.8 Chairs {Manual and Electric}
        • 10.1.9 Medical Carts
        • 10.1.10 Trolleys & Stretchers
        • 10.1.11 Others
      • 10.2. Market Analysis, Insights and Forecast - By Sector
        • 10.2.1 Government
        • 10.2.2 Private
  11. 11. Competitive Analysis
    • 11.1. Market Share Analysis 2023
      • 11.2. Company Profiles
        • 11.2.1 Stryker (U.S.)
          • 11.2.1.1. Overview
          • 11.2.1.2. Products
          • 11.2.1.3. SWOT Analysis
          • 11.2.1.4. Recent Developments
          • 11.2.1.5. Financials (Based on Availability)
        • 11.2.2 Herman Miller Inc. (U.S.)
          • 11.2.2.1. Overview
          • 11.2.2.2. Products
          • 11.2.2.3. SWOT Analysis
          • 11.2.2.4. Recent Developments
          • 11.2.2.5. Financials (Based on Availability)
        • 11.2.3 GPC Medical Ltd. (India)
          • 11.2.3.1. Overview
          • 11.2.3.2. Products
          • 11.2.3.3. SWOT Analysis
          • 11.2.3.4. Recent Developments
          • 11.2.3.5. Financials (Based on Availability)
        • 11.2.4 SKYTRON LLC (U.S.)
          • 11.2.4.1. Overview
          • 11.2.4.2. Products
          • 11.2.4.3. SWOT Analysis
          • 11.2.4.4. Recent Developments
          • 11.2.4.5. Financials (Based on Availability)
        • 11.2.5 PMT Healthcare (India)
          • 11.2.5.1. Overview
          • 11.2.5.2. Products
          • 11.2.5.3. SWOT Analysis
          • 11.2.5.4. Recent Developments
          • 11.2.5.5. Financials (Based on Availability)
        • 11.2.6 Midmark India Pvt. Ltd. (Midmark Corporation) (U.S.)
          • 11.2.6.1. Overview
          • 11.2.6.2. Products
          • 11.2.6.3. SWOT Analysis
          • 11.2.6.4. Recent Developments
          • 11.2.6.5. Financials (Based on Availability)
        • 11.2.7 Baxter (U.S.)
          • 11.2.7.1. Overview
          • 11.2.7.2. Products
          • 11.2.7.3. SWOT Analysis
          • 11.2.7.4. Recent Developments
          • 11.2.7.5. Financials (Based on Availability)
        • 11.2.8 STERIS (U.S.)
          • 11.2.8.1. Overview
          • 11.2.8.2. Products
          • 11.2.8.3. SWOT Analysis
          • 11.2.8.4. Recent Developments
          • 11.2.8.5. Financials (Based on Availability)
        • 11.2.9 Narang Medical Limited (India)                                                                                  
          • 11.2.9.1. Overview
          • 11.2.9.2. Products
          • 11.2.9.3. SWOT Analysis
          • 11.2.9.4. Recent Developments
          • 11.2.9.5. Financials (Based on Availability)
List of Figures
  1. Figure 1: India Hospital Furniture Market Revenue Breakdown (USD million, %) by Product 2023 & 2031
  2. Figure 2: India Hospital Furniture Market Value Share (%), by Product Type 2023 & 2031
  3. Figure 3: India Hospital Furniture Market Value Share (%), by Sector 2023 & 2031
  4. Figure 4: India Hospital Furniture Market Share (%) by Company 2023
List of Tables
  1. Table 1: India Hospital Furniture Market Revenue USD million Forecast, by Product Type 2018 & 2031
  2. Table 2: India Hospital Furniture Market Volume 1,000 Units Forecast, by Product Type 2018 & 2031
  3. Table 3: India Hospital Furniture Market Revenue USD million Forecast, by Sector 2018 & 2031
  4. Table 4: India Hospital Furniture Market Volume 1,000 Units Forecast, by Sector 2018 & 2031
  5. Table 5: India Hospital Furniture Market Revenue USD million Forecast, by Region 2018 & 2031
  6. Table 6: India Hospital Furniture Market Volume 1,000 Units Forecast, by Region 2018 & 2031
  7. Table 7: India Hospital Furniture Market Revenue USD million Forecast, by Product Type 2018 & 2031
  8. Table 8: India Hospital Furniture Market Volume 1,000 Units Forecast, by Product Type 2018 & 2031
  9. Table 9: India Hospital Furniture Market Revenue USD million Forecast, by Sector 2018 & 2031
  10. Table 10: India Hospital Furniture Market Volume 1,000 Units Forecast, by Sector 2018 & 2031
  11. Table 11: India Hospital Furniture Market Revenue USD million Forecast, by Region 2018 & 2031
  12. Table 12: India Hospital Furniture Market Volume 1,000 Units Forecast, by Region 2018 & 2031
  13. Table 13: India Hospital Furniture Market Revenue USD million Forecast, by Product Type 2018 & 2031
  14. Table 14: India Hospital Furniture Market Volume 1,000 Units Forecast, by Product Type 2018 & 2031
  15. Table 15: India Hospital Furniture Market Revenue USD million Forecast, by Sector 2018 & 2031
  16. Table 16: India Hospital Furniture Market Volume 1,000 Units Forecast, by Sector 2018 & 2031
  17. Table 17: India Hospital Furniture Market Revenue USD million Forecast, by Country 2018 & 2031
  18. Table 18: India Hospital Furniture Market Volume 1,000 Units Forecast, by Country 2018 & 2031
  19. Table 19: North India Hospital Furniture Market Revenue (USD million) Forecast, by Application 2018 & 2031
  20. Table 20: North India Hospital Furniture Market Volume (1,000 Units) Forecast, by Application 2018 & 2031
  21. Table 21: West India Hospital Furniture Market Revenue (USD million) Forecast, by Application 2018 & 2031
  22. Table 22: West India Hospital Furniture Market Volume (1,000 Units) Forecast, by Application 2018 & 2031
  23. Table 23: South India Hospital Furniture Market Revenue (USD million) Forecast, by Application 2018 & 2031
  24. Table 24: South India Hospital Furniture Market Volume (1,000 Units) Forecast, by Application 2018 & 2031
  25. Table 25: East & Northeast India Hospital Furniture Market Revenue (USD million) Forecast, by Application 2018 & 2031
  26. Table 26: East & Northeast India Hospital Furniture Market Volume (1,000 Units) Forecast, by Application 2018 & 2031
  27. Table 27: Central India India Hospital Furniture Market Revenue (USD million) Forecast, by Application 2018 & 2031
  28. Table 28: Central India India Hospital Furniture Market Volume (1,000 Units) Forecast, by Application 2018 & 2031
  29. Table 29: India Hospital Furniture Market Revenue USD million Forecast, by Product Type 2018 & 2031
  30. Table 30: India Hospital Furniture Market Volume 1,000 Units Forecast, by Product Type 2018 & 2031
  31. Table 31: India Hospital Furniture Market Revenue USD million Forecast, by Sector 2018 & 2031
  32. Table 32: India Hospital Furniture Market Volume 1,000 Units Forecast, by Sector 2018 & 2031
  33. Table 33: India Hospital Furniture Market Revenue USD million Forecast, by Country 2018 & 2031
  34. Table 34: India Hospital Furniture Market Volume 1,000 Units Forecast, by Country 2018 & 2031
AspectsDetails
Study Period 2018-2032
Base Year 2023
Estimated Year 2024
Forecast Period2024-2032
Historical Period2018-2023
Growth RateCAGR of 9.8% from 2018-2032
Segmentation
    • By Product Type
      • Tables {Examination Table
      • Surgical Table
      • Others}
      • Beds {Acute Care Beds
      • Psychiatric Beds
      • ICU Beds
      • Others}
      • Chairs {Manual
      • Electric}
      • Medical Carts
      • Trolleys & Stretchers
      • Others
    • By Sector
      • Government
      • Private
  • By Geography

STEP 1 - Identification of Relevant Samples Size from Population Database

Step Chart
bar chart
method chart

STEP 2 - Approaches for Defining Global Market Size (Value, Volume* & Price*)

approach chart
Top-down and bottom-up approaches are used to validate the global market size and estimate the market size for manufactures, regional segemnts, product and application.

Note* : In applicable scenarios

STEP 3 - Data Sources

Primary Research

  • Web Analytics
  • Survey Reports
  • Research Institute
  • Latest Research Reports
  • Opinion Leaders

Secondary Research

  • Annual Reports
  • White Paper
  • Latest Press Release
  • Industry Association
  • Paid Database
  • Investor Presentations
approach chart

STEP 4 - Data Triangulation

Involves using different sources of information in order to increase the validity of a study

These sources are likely to be stakeholders in a program - participants, other researchers, program staff, other community members, and so on.

Then we put all data in single framework & apply various statistical tools to find out the dynamic on the market.

During the analysis stage, feedback from the stakeholder groups would be compared to determine areas of agreement as well as areas of divergence

Additionally after gathering mix and scattered data from wide range of sources, data is triangull- ated and correlated to come up with estimated figures which are further validated through primary mediums, or industry experts, opinion leader.
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