Analysis on Impact of COVID-19 — Hospital Furniture Market 2019–2023 | Increased Promotion of Medical Furniture to Boost Growth | Technavio
Technavio has been monitoring the hospital furniture market and it is poised to grow by USD 4.02 billion during 2019–2023, progressing at a CAGR of almost 6% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.
Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Please Request Latest Free Sample Report on COVID-19 Impact
The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. Arjo, Hill-Rom Services Inc., Invacare Corporation, Medical Depot, Inc., and Stryker are some of the major market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
Increased promotion of medical furniture has been instrumental in driving the growth of the market.
Hospital Furniture Market 2019–2023: Segmentation
Hospital furniture market is segmented as below:
- Product
- Geographic Landscape
- Hospital Beds
- Specialty Medical Chairs and Tables
- Others
- Asia
- Europe
- North America
- ROW
To learn more about the global trends impacting the future of market research, download latest free sample report of 2020–2024: https://www.technavio.com/talk-to-us?report=IRTNTR30789
Hospital Furniture Market 2019–2023: Scope
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. Our hospital furniture market report covers the following areas:
- Hospital Furniture Market Size
- Hospital Furniture Market Trends
- Hospital Furniture Market Industry Analysis
This study identifies growing demand for improved medical infrastructure as one of the prime reasons driving the hospital furniture market growth during the next few years.
Hospital Furniture Market 2019–2023: Vendor Analysis
We provide a detailed analysis of vendors operating in the hospital furniture market, including some of the vendors such as Arjo, Hill-Rom Services Inc., Invacare Corporation, Medical Depot, Inc., and Stryker. Backed with competitive intelligence and benchmarking, our research reports on the hospital furniture market are designed to provide entry support, customer profile and M&As as well as go-to-market strategy support.
