India Hospital Furniture Market size was valued at USD 366.3 Million in 2024 and is expected to reach USD 909.6 Million by 2033, at a CAGR of 9.23% during the forecast period 2024 – 2033.
India Hospital Furniture Market: Overview
Hospital furniture is an essential part of medical care for hospitals. It includes hospital beds, hospital chairs, hospital tables, stretchers, medical carts & trolleys and others. Medical devices alongside modern furnishings have played an important role in health care ever since its inception.
The growing demand for hospital furniture due to the increasing prevalence of chronic disorders that need critical care services is expected to drive the segment during the forecast period. In addition, increasing geriatric population, and a growing demand for electrical from private hospitals due to the rising number of bariatric surgeries and cardiovascular diseases.
Additionally, factors such as the rising number of hospital admissions across India, favorable insurance & reimbursement scenarios, and government support for the hospitals that are covered under the healthcare sector are expected to drive the market growth during the forecast period.
Various factors such as economic uncertainties, lack of skilled workforce, Scarcity of land for infrastructure development, regulatory issues, environmental concerns and delays in project approval hampers construction projects and restrain the market growth of the India Hospital Furniture Market.
Supportive government policies such as the Make in India Initiative, Production Linked Incentive Scheme, and Ayushman Bharat Scheme, are expected to create lucrative opportunities for the market during the forecast period.
India Hospital Furniture market is segmented by product type, material, end user, sales channel and region. By Product Type, India’s hospital furniture market is segmented into hospital beds, hospital chairs, hospital tables, stretchers, medical carts & trolleys and others. Among all of these, the Hospital beds segment held the highest market share in 2023 and is expected to keep its dominance during the forecast period.
By Material, India hospital furniture market is segmented into metal, plastic and wood. Among all of these segments, the Metal material segment held the highest market share in 2023 and is expected to keep its dominance during the forecast period.
By Sales channel, India hospital furniture market is segmented into online and offline. Among these, offline held the highest market share in 2023 and is expected to keep its dominance during the forecast period.
By Region, North India is expected to hold a significant market share in the India Hospital Furniture market during the forecast period. Delhi NCR, Haryana, Punjab, Uttar Pradesh and Jammu & Kashmir are driving the market growth of this region.
Report Scope
| Feature of the Report | Details |
| Market Size in 2024 | USD 366.3 Million |
| Projected Market Size in 2033 | USD 909.6 Million |
| Market Size in 2023 | USD 337 Million |
| CAGR Growth Rate | 9.23% CAGR |
| Base Year | 2023 |
| Forecast Period | 2024-2033 |
| Key Segment | By Product Type, Material, End User, Sales Channel and Region |
| Report Coverage | Revenue Estimation and Forecast, Company Profile, Competitive Landscape, Growth Factors and Recent Trends |
| Country Scope | India |
| Buying Options | Request tailored purchasing options to fulfil your requirements for research. |
Custom Market Insights has comprehensively analyzed India Hospital Furniture market. The driving forces, restraints, challenges, opportunities, and key trends have been explained in depth to depict the in-depth scenario of the market. Segment wise market size and market share during the forecast period are duly addressed to portray the probable picture of this India Hospital Furniture industry.
The competitive landscape includes key innovators, after market service providers, market giants as well as niche players are studied and analyzed extensively concerning their strengths, weaknesses as well as value addition prospects. In addition, this report covers key players profiling, market shares, mergers and acquisitions, consequent market fragmentation, new trends and dynamics in partnerships.
List of the prominent players in the India Hospital Furniture Market:
- Baxter
- DiaMedical USA Equipment
- Godrej Interio
- GPC Medical Ltd.
- Merivaara Corp
- Midmark India Pvt. Ltd.
- Narang Medical Limited
- PMT Healthcare
- Schell Industries
- SKYTRON LLC
- STERIS
- Stryker
- Herman Miller Inc.
- Cognate (ARVS Healthcare)
- PMT Healthcare
- Wipro Furniture
- Nilkamal
- AFC Furniture
- Others
These key players are adopting various organic and inorganic growth strategies such as mergers & acquisitions, joint ventures, collaborations, expansion, strategic alliances, new product launches, etc. to enhance their product portfolio and business operations.
The India Hospital Furniture Market is segmented as follows:
By Product Type
- Hospital Beds
- Hospital Chairs
- Hospital Tables
- Stretchers
- Medical Carts & Trolley’s
- Others
By Material
- Metal
- Wood
- Plastic
By End User
- Government Hospital
- Private Hospital
- Others
By Sales Channel
- Online
- Offline