Forecast On Medical Furniture Market Global Industry Analysis and Trends till 2023
The market of medical furniture is segmented on the basis of types of products, such as cabinet and casework, metal cabinets, scrub sinks, bedside tables, medical tables and carts, instrument stands, kick buckets, IV poles, medical hampers, medical support, stretchers, beds, recovery couches, chairs, medical stools, blood drawing chair, waste container, inspection beds, portable toiletry, waiting room furniture and others.
View TOC for this Market Report @ https://www.transparencymarketresearch.com/sample/sample.php?flag=T&rep_id=4308
Furthermore, the market is also segmented on the basis of applications, such as physician/surgeon’s furniture (examination table, eye surgery chair and others), patient’s furniture (stretchers, bedside table and other) and support staff’s furniture (IV stand, waste container and others). In addition, the market is also segmented on the basis of geography, such as North America, Europe, Asia-Pacific and Rest of the World (RoW).
The North American region is the most dominating market in the world, owing to extensive number of hospitals and healthcare infrastructure. On the other hand, Asia-Pacific and RoW are the most promising markets in the upcoming period, owing to rise in number of in-patient treatments and medical infrastructure.
The market of medical furniture is expected to show steady growth rate during the forecast period from 2014 to 2020. This growth is anticipated to drive by various factors, such as increasing number of medical infrastructure across the globe, particularly in developing countries and steadily increasing technological innovations in hospital furniture. The rising number of hospitals across developed countries and high number of hospitals in developed nations is considered as the key factor driving market growth.
For instance, according to data enumerated by the Statista, the number of hospitals in the U.S. has remained steady since 2009, from 5,795 in 2009 to 5,723 in 2012. This large number of hospitals would increase the demand of hospital furniture in the near future. Similarly, according to the Eurostat, increasing healthcare expenditure and patient base would increase the financial inflow to the hospitals, which would increase their purchasing capabilities and ultimately contribute in the market growth. Moreover, gradual increase in technologically advanced medical furniture is also supporting the growth of the medical furniture market.
For instance, owing to rise in technological implementation in designing of medical furniture, a number of advanced hospital stretchers, such as motorized stretcher chair and eye surgery chair by Stryker Corporation are being introduced in the market. These all factors altogether would contribute in the growth of the hospital furniture market during the forecast period from 2014 to 2020. On the other hand, long life of hospital furniture materials and high cost associated with technologically innovative furniture products are considered as key factors affecting the market growth negatively.
For more information on this report, fill the form @ https://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=4308
Average life of hospital furniture is around ten to twelve years (in case of non-technological products, such as non-motorized stretchers and chairs). This long life span of these products limits the repetitive purchase and thus affects market growth negatively. Similarly, average cost of motorized stretcher ranges from USD 10,000 to USD 25,000. This high cost of technologically innovative devices would affect the market growth negatively. Hence, these factors are considered as key hurdles in market growth of hospital furniture.
Some of the major players engaged in commercialization of the hospital furniture products in the market include Stryker Corporation, Anetic Aid Limited, DRE INC, GPC Medical Ltd., Moore Medical, HillUSA, Hill-Rom Holdings Inc., Beaver Healthcare Equipment and many others.
Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information. Our business offerings represent the latest and the most reliable information indispensable for businesses to sustain a competitive edge.
Transparency Market Research
90 State Street, Suite 700
Albany, NY 12207
USA - Canada Toll Free: 866-552-3453
This release was published on openPR.
Permanent link to this press release:
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Forecast On Medical Furniture Market Global Industry Analysis and Trends till 2023 here
News-ID: 757839 • Views: 85
More Releases from Transparency Market Research
Wind Turbine Operations and Maintenance Market Demand and Growth Analysis with F …
Overview TMR’s report on the Wind Turbine Operations and Maintenance Market is an all-important tool for stakeholders in their pursuit to discover avenues for innovation, and further undertake strategic planning for the launch of products and services. Our research report on the Wind Turbine Operations and Maintenance Market serves as a valuable guide for stakeholders. The report deep dives into demand drivers, challenges, and opportunities that are likely to influence the Wind
Petroleum Coke Market Shares, Strategies and Opportunities 2020
Overview TMR’s report on the Petroleum Coke Market is an all-important tool for stakeholders in their pursuit to discover avenues for innovation, and further undertake strategic planning for the launch of products and services. Our research report on the Petroleum Coke Market serves as a valuable guide for stakeholders. The report deep dives into demand drivers, challenges, and opportunities that are likely to influence the Petroleum Coke Market over the forecast period.
Bunker Fuel Market Segmentation and Forecast Analysis up to 2020
Overview TMR’s report on the Bunker Fuel Market is an all-important tool for stakeholders in their pursuit to discover avenues for innovation, and further undertake strategic planning for the launch of products and services. Our research report on the Bunker Fuel Market serves as a valuable guide for stakeholders. The report deep dives into demand drivers, challenges, and opportunities that are likely to influence the Bunker Fuel Market over the forecast period.
Concentrated Solar Power Market Detailed Analysis and Forecast up to 2020
Overview TMR’s report on the Concentrated Solar Power Market is an all-important tool for stakeholders in their pursuit to discover avenues for innovation, and further undertake strategic planning for the launch of products and services. Our research report on the Concentrated Solar Power Market serves as a valuable guide for stakeholders. The report deep dives into demand drivers, challenges, and opportunities that are likely to influence the Concentrated Solar Power Market over
More Releases for Medical
Affordable Medical Cover Plans
Taking great care of health is important, but it does not assure a healthy life. Even after taking all the precautions, people can still get unwell due to various reasons. Unfortunately, medical treatment is not always affordable for everyone. Losing loved ones due to lack of money is the worst nightmare for any person. Luckily, now you can cover your whole family for medical treatment by purchasing affordable medical covers
Medical Power Market Medical Power Market
This report studies Medical Power in Global market, especially in North America, China, Europe, Southeast Asia, Japan and India, with production, revenue, consumption, import and export in these regions, from 2012 to 2016, and forecast to 2022. Request for discount @ https://www.researchtrades.com/discount/1445183 This report focuses on top manufacturers in global market, with production, price, revenue and market share for each manufacturer, covering Astrodyne TDI (US) CUI Inc. (US) Delta Electronic, Inc (TW) Excelsys
Global Medical Aesthetics Market
The Global Medical Aesthetics Market is expected to reach USD 26.53 billion by 2024 from USD 10.12 billion in 2016, at a CAGR of 12.8% in the forecast period 2017 to 2024. “Global Medical Aesthetics Market”, By Product Type (Aesthetic Laser Devices, Energy Devices, Skin Tightening & Body Contouring Devices, Aesthetic Implants, Facial Aesthetic Devices), Applications (Anti-Aging & Wrinkles, Facial & Skin Rejuvenation, Vascular Lesions, Body Shaping & Cellulite, Breast
Medical Ventilators – Medical Devices Pipeline Assessment, 2017
ReportBazzar has released its latest research-based report entitled ‘Medical Ventilators’ market. This report provides a holistic approach to the market growth with a detailed and precise analysis of the overall competitive scenario of the Medical Ventilators market. The report also provides a detailed analysis of key trends and latest technologies, playing a prominent role in the Medical Ventilators market growth. It takes into account aspects such as drivers, restraints, challenges, and
The Medibmls Medical Encyclopedia contains public health information for patients and others about medical laboratory tests and general healthcare. This medical encyclopedia is developed to provide patients and others with background information about laboratory tests and health as part of the healthcare sector. Please visit us at: Medical Encyclopedia-Medibmls - https://medibmls.org/ Diseases - https://medibmls.org/diseases/ Laboratory Tests - https://medibmls.org/laboratory-tests/ Medibmls is a medical encyclopedia containing health information for patients and others about clinical laboratory tests and
Medical Electrodes Market
Medical electrodes are devices used to transfer energy of ionic currents into electrical current in the body. The currents passed into the body is amplified and has proved to be useful in diagnosing various diseases. Medical electrodes are noninvasive and comprises a metal, electrode conducting plate and lead. Medical electrodes progress with quantification of internal ionic currents results in diagnosis of nervous, cardiac, ocular and muscular disorders. The electrode works