India Hospital Furniture Market Outlook to FY’2025:- Ken Research REQUEST FOR SAMPLE REPORT Buy Now Request For sample Report × Report Title Name Email Designation Phone No Comapny Name Comapny URL Country -- Please Select Your Country -- Afganistan Africa Albania Algeria Andorra Angola Anguilla Antigua and Barbuda Argentina Armenia Aruba Asia Australasia Australia Austria Azerbaijan Bahamas Bahrain Bangladesh Barbados Belarus Belgium Belize Benin Bermuda Bhutan Bolivia Bonaire Bosnia Herzegovina Botswana Brazil BRICS British Virgin Islands Brunei Darussalam Bulgaria Burkina Faso Cambodia Cameroon Canada Cape Verde Cayman Islands Central African Republic Central and South America Chad Chile China Colombia Comoros Congo Costa Rica Cote d'Ivoire Croatia Cuba Curacao Cyprus Czech Republic Denmark Djibouti Dominica Dominican Republic Ecuador Egypt El Salvador Equatorial Guinea Eritrea Estonia Ethiopia Europe European Union Falkland Islands Faroe Islands Fiji Finland France French Guiana French Polynesia Gabon Gambia Georgia Germany Ghana Gibraltar Global Great Britain Greece Greenland Grenada Guadeloupe Guam Guatemala Guerney & Alderney Guinea Guinea-Bissau Guyana Haiti Honduras Hong Kong Hungary Iceland India Indonesia Iran Iraq Ireland Isle of Man Israel Italy Ivory Coast Jamaica Japan Jersey Jordan Kazakhstan Kenya Kiribati Kosovo Kuwait Kyrgyzstan Laos Latvia Lebanon Lesotho Liberia Libyan Arab Jamahiriya Liechtenstein Lithuania Luxembourg Macao Macau Macedonia Madagascar Malawi Malaysia Maldives Mali Malta Man (Island of) Marshall Islands Martinique Mauritania Mauritius Mayotte Mexico Micronesia Middle East Minnesota Moldova Monaco Mongolia Monserrat Montenegro Morocco Morroco Mozambique Myanmar Namibia Nepal Netherlands New Caledonia New Zealand Nicaragua Niger Nigeria Niue North America North Korea Norway Oman Pakistan Palau Palestine Panama Papua New Guinea Paraguay Peru Philippines Poland Portugal Puerto Rico Qatar Reunion Romania Russia Rwanda Saint Helena Saint Lucia Saint Martin Saint Pierre and Miquelon Saint Vincent and the Grenadines Samoa Samoa (American) San Marino Sao Tome and Principe Saudi Arabia Scandinavia Senegal Serbia Seychelles Sierra Leone Singapore Sint Maarten Slovakia Slovenia Solomon (Islands) Somalia South Africa South Korea South Sudan Spain Sri Lanka Sudan Suriname Svalbard and Jan Mayen Islands Swaziland Sweden Switzerland Syria Taiwan Tajikistan Tanzania Thailand Timor Leste Togo Tonga Trinidad and Tobago Tunisia Turkey Turkmenistan Turks and Caicos Islands Uganda Ukraine United Arab Emirates United Kingdom United States Uruguay Uzbekistan Vanuatu Vatican City Venezuela Vietnam Virgin Islands Western Sahara Yemen Zambia Zimbabwe Requirement Submit The report titled “India Hospital Furniture Market Outlook to FY’2025- By Type of Products (Hospital Beds, OT Tables, OT Lights, Stretchers and Others), By Organised and Unorganised Market, By End Users (Hospitals, Clinics and Diagnostic Chains and Home Healthcare Companies) provides a comprehensive analysis on the status of the hospital furniture manufacturing industry in India. The report covers various aspects including the market size, value chain, ecosystem, market segmentation by value and volume, industry structure in the country, demand and supply analysis, growth facilitators, bottlenecks faced by the industry, government initiatives and more. The report concludes with projections for future of the industry including forecasted market size & segmentation in terms of revenue by 2025, COVID-19 impact and analysts’ take on the future. India Hospital Furniture Market Overview and Size:- India is expected to rank amongst the top 3 healthcare markets in terms of incremental growth by 2020. Increasing public healthcare expenditure in India at a CAGR of 14.6% over the last 5 years and cost advantage over its peers in the West and Asia offering high- quality medical services has led to the increasing demand of hospital furniture by the hospitals and other end users. The India Hospital Furniture industry has grown at a CAGR of 7.0% on the basis of revenue over the period 2015-2020. Growth of ~25% in medical tourism is one of the largest growth drivers for this industry. Medical tourism industry size has doubled from USD 3.0 billion in 2017 to USD 6.2 billion in 2018. India Hospital Furniture Market Segmentations:- By Type of Products: Hospital Beds contributed the major chunk of revenue in 2019 on the basis of revenue owing to the high sales volume. Motorized or electrical beds have been the most demanded furniture product for big private hospitals attributed to the growing number of patients requiring bariatric care as well as the rising geriatric population. OT Tables and OT lights are the other major segments owing to the high price associated with these products. Stretchers and other products contribute a smaller share owing to the low prices and low volume requirement. By Organised and Unorganised Market: Unorganised segment dominates the revenue share because of the fragmented nature of the market and the lack of regulatory authority and guidelines. There is a need for conferring to benchmark for quality standards of devices which are lacking because of which poor quality products have captured a significant proportion of the market. It is anticipated that the industry will soon come under the umbrella of a recognized body to maintain the standards. By End Users: Hospitals contributed the majority revenue share in the end-user segment. Low share of government spending and strong demand trends has led to increasing investment by private players. Home healthcare is one of the growing segments as people are getting more and more aware about the benefits of availing healthcare services at home. Competitive Landscape of India Hospital Furniture Market The industry is highly competitive with around 220 manufacturing firms present in the market. The industry is still dependent on imports owing to the use of excellent quality and patient friendly products. Moreover, the raw material and the parts are imported majorly from China basis the low cost of products. The market is highly fragmented with the leading local players namely Midmark, Steelcraft, Narang Medical, PMT Healthcare, GPC Medical capturing <10.0% of the market share in FY’2019. These players compete on the basis of parameters such as product pricing, distribution network, product quality, clientele, partnerships, product innovation, customer support and more. India Hospital Furniture Market Future Outlook & Projections The hospital furniture industry is expected to recover from the Covid-19 pandemic and witness growth by end of 2021. The growth of end-user entities including hospitals and home healthcare companies is expected to drive the growth of the industry. Indian medical tourism industry is growing at the rate of 18% y-o-y and is expected to reach USD 9bn by end of 2020-21, thereby showcasing the need of healthcare establishments. The adoption of higher quality and technology-centric products by local manufacturers is also expected to increase over the forecast period. Government initiatives such as Make in India and Ayushman Bharat Scheme are expected to boost the healthcare furniture industry in India. Key Segments Covered:- By Type of Products Hospital Beds (Manual and Motorized) OT Tables (Local and Imported) OT Lights (Local and Imported) By Stretchers (Single Fold, Trolley Based and Hydraulic) Others By End Users Hospitals Clinics and Diagnostic Chains Home Healthcare Companies Companies Covered:- Arjo Huntleigh Hill-Rom Services Inc Paramount Bed Holdings Stryker Corporation Narang Medical Steelcraft Hospital Furniture Industries Pvt. Ltd. – Vissco Group Midmark India Pvt. Ltd. (Janak Healthcare) Getinge GPC Medical Qualisurge Surgicals (Bharat Surgical Co.) ARVS (Cognate India) PMT Healthcare Key Target Audience:- Hospital Furniture Manufacturing Companies Hospital Furniture Exporting Companies Hospital Furniture Importing Companies Original Equipment Manufacturers Consultancy Companies Industry Associations Regulatory Bodies Time Period Captured in the Report:- Historical Period – 2015-2020 Forecast Period – 2020-2025 Key Topics Covered in the Report:- India Healthcare Industry Overview Key Market Drivers- India Healthcare Industry Industry Landscape- Indian Hospital Furniture Manufacturers India Hospital Furniture Industry Size, FY’2015-FY’2020 Government Schemes & Initiatives for Healthcare Industry Demand and Supply Side Analysis – Hospital Furniture Industry Industry SWOT Analysis Key Factors Determining the Choice of Hospital Furniture Bottlenecks Faced by Hospital Furniture Industry Import and Export Scenario- Hospital Furniture Market Competitive Landscape of India Hospital Furniture Market Future Market Size and Segmentations, FY’2020-FY’2025F Covid-19 Impact on the Industry & the Way Forward Analysts’ Recommendations For More Information on the research report, refer to below link:- India Hospital Furniture Market Related Reports:- India Home Healthcare Market Outlook to 2025 (Second Edition) – By Patient Profile (Elderly Care, Post Operative Care, Physiotherapy, Palliative Care, Stroke Rehabilitation and Others), By Organized (Subscription and Non Subscription Model) and Unorganized, By Patient Age Profile and By Major Cities India Diagnostic Laboratories Market Outlook to FY’2025- By Government and Private Labs, By Radiology and Pathology, By Organized and Unorganized Players, By Business Model (Standalone, Hospital Based and Diagnostic Chains), By Cities (Tier I, Tier II and Tier III cities) and By Payment Method (Out of Pocket Expenditure, Insurance based and Corporate Spending India Medical Device Market Outlook to 2023 – by IVD Market (Type of Device, Sales Channel, Domestic Manufacturing and Import), by Diagnostic Imaging Market (Type of Device, Domestic Manufacturing and Import) and by Patient Aid Market (Orthopedic Device, Hospital Furniture and Hearing Aid) Contact Us:- Ken Research Ankur Gupta, Head Marketing & Communications Ankur@kenresearch.com +91-9015378249 Tags: Arjo Huntleigh Hospital Furniture Market Revenue, ARVS (Cognate India) Hospital Furniture Market Shares, Coronavirus Impact India Hospital Furniture Industry, Coronavirus Impact India Hospital Furniture Market, Covid-19 Impact India Hospital Furniture Industry, Covid-19 Impact India Hospital Furniture Market, Evaluation Study India Hospital Furniture Market, Evaluation Summary Report India Hospital Furniture Market, Evaluative Survey India Hospital Furniture Market, Getinge Hospital Furniture Market Revenue, GPC Medical Hospital Furniture Market Shares, Hill-Rom Services Hospital Furniture Market Shares, Hospital Furniture Industry In India, Hospital Furniture Market In India, India Brownfield Hospital Projects, India Clinics Furniture Market, India Greenfield Hospital Projects, India Healthcare Companies Furniture Market, India Home Furniture Market, India Hospital Bed Innovations, India Hospital Beds Market, India Hospital Beds Market Sales, India Hospital Furniture Distributors, India Hospital Furniture Due Diligence Report, India Hospital Furniture Export Volume, India Hospital Furniture Exporting Companies, India Hospital Furniture Growth Strategy Market Report, India Hospital Furniture Import Volume, India Hospital Furniture Importing Companies, India Hospital Furniture Industry, India Hospital Furniture Industry Research Report, India Hospital Furniture Manufacturers, India Hospital Furniture Market, India Hospital Furniture Market Analysis, India Hospital Furniture Market Competition, India Hospital Furniture Market Competition Benchmarking, India Hospital Furniture Market Evaluation Report, India Hospital Furniture Market Forecast, India Hospital Furniture Market Future Outlook, India Hospital Furniture Market Growth, India Hospital Furniture Market Major Players, India Hospital Furniture Market Research Report, India Hospital Furniture Market Revenue, India Hospital Furniture Market Revenue Forecasting, India Hospital Furniture Market Sales Volume, India Hospital Furniture Market Shares, India Hospital Furniture Market Size, India Hospital Furniture Market Supply, India Hospital Furniture Market Trends, India Hospital Furniture Technology Market, India Hydraulic Stretchers Market, India Original Equipment Manufacturers, India OT Lights (Operating table) Market, India OT Tables (Operating table) Market, India Patient Aid Market, India Single Fold Stretchers Market, India Stretchers Market, India Total Number of Hospitals, India Trolley Based Stretchers Market, Indian Healthcare Sector, Indian Hospital Furniture Industry, Indian Hospital Furniture Market, Industry Research Report Of India Hospital Furniture, Market Research Report Of India Hospital Furniture, Midmark India Pvt. Ltd. (Janak Healthcare) Hospital Furniture Market Size, Narang Medical Hospital Furniture Market Revenue, Narang Medical Sales Volume, Paramount Bed Holdings Hospital Furniture Market Size, PMT Healthcare Hospital Furniture Market Revenue, Qualisurge Surgicals (Bharat Surgical Co.) Hospital Furniture Market Size, Social Evaluation Research India Hospital Furniture Market, Steelcraft Hospital Furniture Industries– Vissco Group Hospital Furniture Market Sales, Stryker Corporation Hospital Furniture Market Shares, Write An Evaluation Report On India Hospital Furniture Market