Middle East and Africa Hospital Furniture Market Size Set to Cross USD 2.9 Billion Mark by 2029

74
Middle East and Africa Hospital Furniture Market

BlueWeave Consulting, a leading strategic consulting and market research firm, in its recent study, estimated Middle East and Africa hospital furniture market size at USD 1.63 billion in 2022. During the forecast period between 2023 and 2029, BlueWeave expects Middle East and Africa hospital furniture market size to grow at a significant CAGR of 8.71% reaching a value of USD 2.91 billion by 2029. Major growth factors of Middle East and Africa hospital furniture market include the increasing number of healthcare facilities and hospitals in the region, growing investments in healthcare infrastructure, and a rising demand for high-quality healthcare services. The surge in healthcare infrastructure investments is leading to the construction of new hospitals and the expansion of existing ones, which is boosting the demand for hospital furniture. The hospital furniture industry is rapidly adopting technology advancements, resulting in the development of new and innovative products with improved materials, designs, and features that offer greater comfort, efficiency, and safety for patients and healthcare providers.

Governments in the Middle East and Africa are making efforts to enhance healthcare infrastructure and services, and are investing in new hospitals, clinics, and healthcare facilities, which is expected to drive the growth of the hospital furniture market throughout the forecast period. However, the high cost and need for long life furniture and fluctuating prices of raw materials are anticipated to restrain the overall market growth.

Middle East and Africa Hospital Furniture Market – Overview

The Middle East and Africa Hospital Furniture Market refers to the market for various types of furniture used in hospitals and healthcare facilities in the Middle East and Africa region. Hospital furniture includes various types of beds, chairs, tables, cabinets, and other furniture designed for patient care, treatment, and rehabilitation. Hospital furniture plays a crucial role in providing comfort, safety, and support to patients, as well as assisting healthcare professionals in carrying out their duties effectively. The market encompasses the sale of hospital furniture by manufacturers and distributors to hospitals, clinics, and other healthcare facilities in the Middle East and Africa region.

Sample Request @https://www.blueweaveconsulting.com/report/middle-east-and-africa-hospital-furniture-market/report-sample

Impact of COVID-19 on Middle East and Africa Hospital Furniture Market

COVID-19 had a positive impact on the hospital furniture market in the Middle East and Africa. The pandemic resulted in a significant number of hospitalizations for treatment and recovery. In response, many governments established temporary healthcare facilities with additional bed capacity to accommodate a larger number of patients simultaneously. This resulted in a higher demand for medical equipment to provide proper care for those infected. As a result, the need for stretchers and hospital beds increased to ensure adequate healthcare support for patients in hospitals and other temporary sites, driving the growth of the hospital furniture market during the pandemic.

Middle East and Africa Hospital Furniture Market – By Application

Based on application, Middle East and Africa hospital furniture market is divided into Physician Furniture, Patient’s Furniture, and Staff’s Furniture segments. The patient furniture segment held the highest share in the Middle East and Africa hospital furniture market in 2022. The segment includes items like examination lights, examination couches, and chairs, which have high demand. Since maintaining these products is relatively easy, it is expected to be a key factor driving market growth. Also, the main purpose of hospital furniture is to facilitate patient diagnosis and treatment. With the increase in illnesses and chronic diseases, the number of patients seeking medical attention has also increased, leading to growth in the patient furniture segment. Hospital furniture is not only necessary for in-patient care but also for the outpatient department, which requires durable chairs and tables that take up minimal space.

Competitive Landscape

Major players operating in Middle East and Africa hospital furniture market include Skytron LLC, Rolko Kohlgrüber Gmbh, Renray, Ocura, Hill-Rom Services, Inc., Gpc Medical Ltd., Favero Health Projects Spa, Chang Gung Medical Technology Co., Ltd., Steris, Stiegelmeyer Gmbh & Co. Kg, Invacare Corporation, United Surgical Industries, and Linet. To further enhance their market share, these companies employ various strategies, including mergers and acquisitions, partnerships, joint ventures, license agreements, and new product launches.

Contact Us:

BlueWeave Consulting & Research Pvt. Ltd

+1 866 658 6826 | +1 425 320 4776 | +44 1865 60 0662

info@blueweaveconsulting.com