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Report World - Medical, Surgical or Veterinary Furniture - Market Analysis, Forecast, Size, Trends and Insights for 499$
Report Update Nov 1, 2024

World - Medical, Surgical or Veterinary Furniture - Market Analysis, Forecast, Size, Trends and Insights

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Global Medical Furniture Market 2024

Medical Furniture Market Size

The global medical furniture market expanded notably to $X in 2022, picking up by 13% against the previous year. In general, consumption, however, saw a significant expansion. As a result, consumption reached the peak level of $X. From 2021 to 2022, the growth of the global market remained at a somewhat lower figure.

Medical Furniture Production

In value terms, medical furniture production soared to $X in 2022 estimated in export price. Over the period under review, production showed a resilient expansion. The growth pace was the most rapid in 2018 when the production volume increased by 36% against the previous year. Global production peaked at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

Medical Furniture Exports

Exports by Country

China was the largest exporting country with an export of about X units, which amounted to 66% of total exports. The United States (X units) took the second position in the ranking, distantly followed by Taiwan (Chinese) (X units). All these countries together took near 34% share of total exports.

China was also the fastest-growing in terms of the medical, surgical or veterinary furniture exports, with a CAGR of +10.1% from 2020 to 2022. Taiwan (Chinese) (-2.7%) and the United States (-20.4%) illustrated a downward trend over the same period. While the share of China (+14 p.p.) increased significantly in terms of the global exports from 2020-2022, the share of the United States (-13.6 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X), the United States ($X) and Taiwan (Chinese) ($X) constituted the countries with the highest levels of exports in 2022, with a combined 39% share of global exports.

In terms of the main exporting countries, China, with a CAGR of +7.2%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other global leaders experienced mixed trends in the exports figures.

Export Prices by Country

The average medical furniture export price stood at $X per unit in 2022, shrinking by -5.8% against the previous year. Over the period from 2020 to 2022, it increased at an average annual rate of +4.0%. The pace of growth appeared the most rapid in 2021 when the average export price increased by 15% against the previous year. As a result, the export price attained the peak level of $X per unit, and then contracted in the following year.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was the United States ($X per unit), while China ($X per unit) was amongst the lowest.

From 2020 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+24.6%), while the other global leaders experienced mixed trends in the export price figures.

Medical Furniture Imports

Imports

In 2022, after two years of growth, there was significant decline in purchases abroad of medical, surgical or veterinary furniture, when their volume decreased by -25.3% to X units. In general, imports, however, showed a significant increase. The growth pace was the most rapid in 2020 with an increase of 30,658%. Over the period under review, global imports hit record highs at X units in 2021, and then shrank significantly in the following year.

In value terms, medical furniture imports totaled $X in 2022. The total import value increased at an average annual rate of +3.3% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2020 when imports increased by 16%. Over the period under review, global imports reached the maximum in 2022 and are expected to retain growth in the near future.

Imports by Country

The United States dominates imports structure, amounting to X units, which was near 97% of total imports in 2022. China (X units) held a relatively small share of total imports.

From 2012 to 2022, average annual rates of growth with regard to medical furniture imports into the United States stood at -8.8%. At the same time, China (+72.6%) displayed positive paces of growth. Moreover, China emerged as the fastest-growing importer imported in the world, with a CAGR of +72.6% from 2012-2022. From 2012 to 2022, the share of the United States increased by +96 percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the United States ($X) constitutes the largest market for imported medical, surgical or veterinary furniture worldwide, comprising 26% of global imports. The second position in the ranking was held by China ($X), with a 2.1% share of global imports.

In the United States, medical furniture imports expanded at an average annual rate of +3.9% over the period from 2012-2022.

Import Prices by Country

The average medical furniture import price stood at $X per unit in 2022, growing by 41% against the previous year. Over the period under review, the import price, however, continues to indicate a sharp contraction. The pace of growth was the most pronounced in 2019 an increase of 79% against the previous year. Over the period under review, average import prices hit record highs at $X per unit in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was China ($X per unit), while the United States amounted to $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+22.0%).

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

The countries with the highest volumes of in 2021 were China, the United States and India, together accounting for 46% of global consumption. Japan, France, Germany, Indonesia, Mexico, the UK, Iran, Canada and Thailand lagged somewhat behind, together comprising a further 29%.
China constituted the country with the largest volume of medical furniture production, accounting for 39% of total volume. Moreover, medical furniture production in China exceeded the figures recorded by the second-largest producer, India, fourfold. The United States ranked third in terms of total production with a 5.9% share.
In value terms, China, Germany and the United States appeared to be the countries with the highest levels of exports in 2021, together accounting for 49% of global exports. Poland, the Netherlands, the Czech Republic, Taiwan Chinese), Canada, France, Italy and the UK lagged somewhat behind, together accounting for a further 32%.
In value terms, the United States constitutes the largest market for imported medical, surgical or veterinary furniture worldwide, comprising 25% of global imports. The second position in the ranking was occupied by Germany, with a 5.5% share of global imports. It was followed by the UK, with a 5.2% share.
The average medical furniture export price stood at $13,977 per ton in 2021, which is down by -2.3% against the previous year.
In 2021, the average medical furniture import price amounted to $14,739 per ton, increasing by 3.7% against the previous year.

This report provides an in-depth analysis of the global medical furniture market. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • Prodcom 32503050 - Medical, surgical or veterinary furniture, and parts thereof (excluding tables and seats specialised for X-ray purposes)

Country coverage:

Worldwide - the report contains statistical data for 200 countries and includes detailed profiles of the 50 largest consuming countries:

+ the largest producing countries

Data coverage:

  • Global market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Global production, split by region and country
  • Global trade (exports and imports)
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Company coverage:

Hebei Satcon Medical Equipment Co., Schmitz U. Söhne Gmbh & Co., Hega-Medical, Promotal, Ergosolutions, Claux, Amp Composite, Atrow, Medi-Tek, Oostwoud België, Danko Systems, Kronos Ko, Krz, Lanzoni Srl, Smd Srl - Stern Podia, Alfa Vega, Kovonax, Innovo Constructions, Mart, Lencos IN S.R.O., Aktiva Engineering

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS

  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO

  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. CONSUMPTION BY COUNTRY
    3. MARKET FORECAST TO 2030

  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT

  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES

  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS

  7. 7. GLOBAL PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
    2. PRODUCTION BY COUNTRY

  8. 8. GLOBAL IMPORTS

    The Largest Importers on The Market and How They Succeed

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY

  9. 9. GLOBAL EXPORTS

    The Largest Exporters on The Market and How They Succeed

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY

  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO

  11. 11. COUNTRY PROFILES

    The Largest Markets And Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
    • United States
    • China
    • Japan
    • Germany
    • United Kingdom
    • France
    • Brazil
    • Italy
    • Russian Federation
    • India
    • Canada
    • Australia
    • Republic of Korea
    • Spain
    • Mexico
    • Indonesia
    • Netherlands
    • Turkey
    • Saudi Arabia
    • Switzerland
    • Sweden
    • Nigeria
    • Poland
    • Belgium
    • Argentina
    • Norway
    • Austria
    • Thailand
    • United Arab Emirates
    • Colombia
    • Denmark
    • South Africa
    • Malaysia
    • Israel
    • Singapore
    • Egypt
    • Philippines
    • Finland
    • Chile
    • Ireland
    • Pakistan
    • Greece
    • Portugal
    • Kazakhstan
    • Algeria
    • Czech Republic
    • Qatar
    • Peru
    • Romania
    • Vietnam

  12. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption, By Country, 2018–2023
    5. Production, In Physical Terms, By Country, 2012–2023
    6. Imports, In Physical Terms, By Country, 2012–2023
    7. Imports, In Value Terms, By Country, 2012–2023
    8. Import Prices, By Country Of Destination, 2012–2023
    9. Exports, In Physical Terms, By Country, 2012–2023
    10. Exports, In Value Terms, By Country, 2012–2023
    11. Export Prices, By Country Of Origin, 2012–2023

  13. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Consumption, By Country, 2023
    4. Market Volume Forecast to 2030
    5. Market Value Forecast to 2030
    6. Products: Market Size And Growth, By Type
    7. Products: Average Per Capita Consumption, By Type
    8. Products: Exports And Growth, By Type
    9. Products: Export Prices And Growth, By Type
    10. Production Volume And Growth
    11. Exports And Growth
    12. Export Prices And Growth
    13. Market Size And Growth
    14. Per Capita Consumption
    15. Imports And Growth
    16. Import Prices
    17. Production, In Physical Terms, 2012–2023
    18. Production, In Value Terms, 2012–2023
    19. Production, By Country, 2023
    20. Production, In Physical Terms, By Country, 2012–2023
    21. Imports, In Physical Terms, 2012–2023
    22. Imports, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, By Country, 2023
    24. Imports, In Physical Terms, By Country, 2012–2023
    25. Imports, In Value Terms, By Country, 2012–2023
    26. Import Prices, By Country, 2012–2023
    27. Exports, In Physical Terms, 2012–2023
    28. Exports, In Value Terms, 2012–2023
    29. Exports, In Physical Terms, By Country, 2023
    30. Exports, In Physical Terms, By Country, 2012–2023
    31. Exports, In Value Terms, By Country, 2012–2023
    32. Export Prices, 2012–2023

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