“Global Health
Furniture Market: Global Historical Growth (2012-2016) & Future Outlook
(2017-2024) Demand Analysis & Opportunity Evaluation”
The global health furniture market
is segmented by application into office, lobby & waiting areas, exam &
treatment areas, support staff’s furniture, patient rooms, and others. Among
these segments, office, lobby & waiting areas segment is expected to witness
considerable growth during the forecast period. Hospital authorities are highly
spending on office, lobby & waiting areas to give them lavish look.
Further, rapid emergence of new hospitals is a major factor which is likely to escalate
the demand for health furniture in office, lobby & waiting areas.
Global
Health Furniture Market is expected to register a notable CAGR
over the forecast period. Moreover, the health furniture market is thriving on
the back of growing healthcare sector across the globe. Rising occurrence of
diseases has led governments of developing and developed countries to enhance
their healthcare infrastructure. This factor is predicted to bolster
the growth of market in near future.
The North America segment by region
dominated the overall health furniture market in previous years. Large numbers
of hospitals, well established healthcare infrastructure are major reasons
which are expected to drive the growth of healthcare furniture market in this region
overt the forecast period. However, Asia Pacific health furniture market is expected
to rise as fastest growing market in upcoming years.
Rising Medical
Tourism
Rising prevalence of
diseases is a major factor which is likely to drive the growth of market in
upcoming years. Population suffering from various diseases is continuously
seeking for effective treatment and are travelling to various places to get
proper medical attention. Further, rising health tourism across the globe is
expected to bolster the growth of market across all regions.
Favourable
Government Initiatives and Programmes
Governments of developing
countries are continuously taking various initiatives to enhance the healthcare
infrastructure to fulfill the medical requirement of the country. For instance,
the government of India announced, that government will increase the total
health expenditure to 2.5% of GDP by 2025. However, high cost of some experimental
furniture is a key factor which is likely to inhibit the growth of the health
furniture market in the near future.
The
report titled “Global Health
furniture Market: Global Demand Analysis & Opportunity Outlook 2024” delivers detailed overview of
the global health furniture market in terms of market segmentation by product
type, by application, by material, by distribution channel, by price range and
by region. Further, for the in-depth analysis, the report encompasses the
industry growth drivers, restraints, supply and demand risk, market
attractiveness, BPS analysis and Porter’s five force model.
This report also provides the
existing competitive scenario of some of the key players of the global health
furniture market which includes company profiling of Knoll Inc., Stryker Corporation, Haworth Inc., Herman Miller, Inc.,
Steelcase Inc., Stance Healthcare Inc., Trinity Furniture Incorporated, Anetic
Aid, DRE Medical, GPC Medical Ltd., and other notable players. The
profiling enfolds key information of the companies which encompasses business
overview, products and services, key financials and recent news and
developments. On the whole, the report depicts detailed overview of the global health
furniture market that will help industry consultants, equipment manufacturers,
existing players searching for expansion opportunities, new players searching
possibilities and other stakeholders to align their market centric strategies
according to the ongoing and expected trends in the future.
Research Nester is a leading service provider for
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strategy, expansion and investment etc. We believe every business can expand to
its new horizon, provided a right guidance at a right time is available through
strategic minds. Our out of box thinking helps our clients to take wise
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