APAC set to be most lucrative market for hospital furniture | Healthcare Asia Magazine

APAC set to be most lucrative market for hospital furniture

The growing presence of the private healthcare sector is promoting growth.

The Asia Pacific is expected to be the most lucrative region for hospital furniture due to the growing demand for advanced hospital furniture, as well as the growing presence of the private healthcare sector, Valuates Reports revealed.

Globally, the hospital furniture market size is projected to reach $8.54b by 2026, from $6.36b in 2019, at a compound annual growth rate of 4.3% during 2021-2026, amidst a growing prevalence of different chronic diseases and rising expectations of the patients toward the hospital infrastructure.

Also contributing to the growth is the continuous development in technology and the introduction of innovative furniture, such as eye surgery chairs and advanced hospital stretchers. The growing number of hospitals and clinics across the globe is also contributing to the growth.

“As geriatric diseases frequently coexist with obesity and impairment, people with disabilities will increasingly require mobility equipment to carry out their daily duties. As a result, the demand for rehab as well as bariatric wheelchairs, and other hospital furniture is predicted to rise as obesity and lifestyle-related disabilities among the elderly increase,” the report stated.

Follow the link for more news on

Join Healthcare Asia Magazine community
Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!


CHI accelerates the development and adoption of health tech firm innovations
The Centre for Healthcare Innovation invests $2.4m (US1.8m) to set a framework that can test the safety of market-ready innovations.
Catholic Medical Center trailblazing big data and AI adoption in Korean healthcare
Its flagship Seoul St. Mary’s Hospital leads the seamless integration of cutting-edge technology across CMC’s eight affiliate hospitals.
OUE Healthcare poised to capture foreign patient demand for specialist care services
The healthcare group recently partnered with three medical specialist groups including two leading respiratory and cardiothoracic surgery specialist practices.
iClaim boosts Thailand’s health insurance claims in 10 seconds
IT expert Piyawat Maneenual sets up a game-changing platform that allows data transfer from hospitals to insurance companies in real-time.