Global Hospital Furniture Markets, 2019-2023 - International Accreditation of Hospitals is One of the Major Drivers - ResearchAndMarkets.com
DUBLIN--(BUSINESS WIRE)--Feb 21, 2019--The “Global Hospital Furniture Market 2019-2023” report has been added to ResearchAndMarkets.com’s offering.
The hospital furniture market will register a CAGR of over 6% by 2023.
International accreditation of hospitals is one of the major drivers for the global hospital furniture market
One of the key constituents of infrastructure is the hospital furniture comprising hospital beds, bedside tables, and examination tables and chairs. Moreover, the accreditations stated on the webpage of the companies boost customer confidence in hospitals, which helps in enrolling more patients, who are need of medical treatments.
Therefore, the accreditation factor will play a significant role in aiding the growth of the global hospital furniture market during the forecast period.
Growing number of road accidents and fatal sports injuries
Injuries occurred while playing sports and road accidents are the two major contributors to the rising number of surgeries globally. These injuries can result in dislocations and fatal fractures, and patients need to undergo surgery for the treatment. This has led to an increase in the adoption of hospital furniture such as hospital beds, bedside tables, and cabinets.
Limited sustainability of smaller vendors
A significant share of the market is distributed among major vendors. It is extremely difficult for a new player to enter the market and gain substantial revenue, as the hospital furniture manufacturing process is expensive for small and medium players. This will result in the market becoming highly consolidated and competitive, which will act as a hindrance to the global hospital furniture market.
The market appears to be moderately fragmented with the presence of several vendors. This market research report will help clients identify new growth opportunities and design unique growth strategies by providing a comprehensive analysis of the market’s competitive landscape and offering information on the products offered by companies.
PART 01: EXECUTIVE SUMMARY
PART 02: SCOPE OF THE REPORT
PART 03: MARKET LANDSCAPE
PART 04: MARKET SIZING
PART 05: FIVE FORCES ANALYSIS
PART 06: MARKET SEGMENTATION BY PRODUCT
PART 07: CUSTOMER LANDSCAPE
PART 08: GEOGRAPHIC LANDSCAPE
PART 09: DRIVERS AND CHALLENGES
PART 10: MARKET TRENDS
PART 11: VENDOR LANDSCAPE
PART 12: VENDOR ANALYSIS
For more information about this report visit https://www.researchandmarkets.com/research/ddlznz/global_hospital?w=4
View source version on businesswire.com:https://www.businesswire.com/news/home/20190221005473/en/
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Related Topics:Hospital Management
INDUSTRY KEYWORD: HEALTH HOSPITALS
SOURCE: Research and Markets
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PUB: 02/21/2019 07:25 AM/DISC: 02/21/2019 07:25 AM