Analysis on Impact of COVID-19

LONDON--(BUSINESS WIRE)--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

Hospital Beds

Specialty Medical Chairs and Tables

Others

Geographic Landscape

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.

Register for a free trial today and gain instant access to 17,000+ market research reports.

Technavio's SUBSCRIPTION platform

Hospital Furniture Market 2019-2023: Key Highlights

CAGR of the market during the forecast period 2019-2023

Detailed information on factors that will assist hospital furniture market growth during the next five years

Estimation of the hospital furniture market size and its contribution to the parent market

Predictions on upcoming trends and changes in consumer behavior

The growth of the hospital furniture market

Analysis of the market's competitive landscape and detailed information on vendors

Comprehensive details of factors that will challenge the growth of hospital furniture market vendors

Table Of Contents:

PART 01: EXECUTIVE SUMMARY

PART 02: SCOPE OF THE REPORT

2.1 Preface

2.2 Preface

2.3 Currency conversion rates for US$

PART 03: MARKET LANDSCAPE

Market ecosystem

Market characteristics

Market segmentation analysis

PART 04: MARKET SIZING

Market definition

Market sizing 2018

Market size and forecast 2018-2023

PART 05: FIVE FORCES ANALYSIS

Bargaining power of buyers

Bargaining power of suppliers

Threat of new entrants

Threat of substitutes

Threat of rivalry

Market condition

PART 06: MARKET SEGMENTATION BY PRODUCT

Market segmentation by product

Comparison by product

Hospital beds - Market size and forecast 2018-2023

Specialty medical chairs and tables - Market size and forecast 2018-2023

Others - Market size and forecast 2018-2023

Market opportunity by product

PART 07: CUSTOMER LANDSCAPE

PART 08: GEOGRAPHIC LANDSCAPE

Geographic segmentation

Geographic comparison

North America - Market size and forecast 2018-2023

Europe - Market size and forecast 2018-2023

Asia - Market size and forecast 2018-2023

ROW - Market size and forecast 2018-2023

Key leading countries

Market opportunity

PART 09: DRIVERS AND CHALLENGES

Market drivers

Market challenges

PART 10: MARKET TRENDS

PART 11: VENDOR LANDSCAPE

Overview

Landscape disruption

PART 12: VENDOR ANALYSIS

Vendors covered

Vendor classification

Market positioning of vendors

Arjo

Hill-Rom Services Inc.

Invacare Corporation

Medical Depot, Inc.

Stryker

PART 13: APPENDIX

Research methodology

List of abbreviations

About Us

Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Researchers explore the economic impact of COVID-19