Report Update: May 1, 2024

U.S. - Medical, Surgical Or Veterinary Furniture - Market Analysis, Forecast, Size, Trends And Insights

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Medical Furniture Price in the United States - 2023

Medical Furniture Price in the United States (CIF) - 2023

The average medical furniture import price stood at $14.6 per unit in July 2023, rising by 5.6% against the previous month. Overall, the import price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in March 2023 an increase of 17% m-o-m. The import price peaked at $14.9 per unit in July 2022; however, from August 2022 to July 2023, import prices remained at a lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Germany ($67.3 per unit), while the price for the Czech Republic ($4.2 per unit) was amongst the lowest.

From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Poland (+10.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Medical Furniture Price in the United States (FOB) - 2022

In 2022, the average medical furniture export price amounted to $114 per unit, increasing by 30% against the previous year. Overall, export price indicated a significant expansion from 2020 to 2022: its price increased at an average annual rate of +24.6% over the last two-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, medical furniture export price increased by +55.2% against 2020 indices. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Canada ($263 per unit), while the average price for exports to Chile ($41 per unit) was amongst the lowest.

From 2020 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to China (+122.2%), while the prices for the other major destinations experienced more modest paces of growth.

Medical Furniture Imports in the United States

In 2022, purchases abroad of medical, surgical or veterinary furniture decreased by -24.5% to 87M units for the first time since 2018, thus ending a three-year rising trend. In general, imports continue to indicate a deep setback. The pace of growth appeared the most rapid in 2021 when imports increased by 10% against the previous year. As a result, imports reached the peak of 115M units, and then dropped significantly in the following year.

In value terms, medical furniture imports rose rapidly to $1.2B in 2022. The total import value increased at an average annual rate of +6.4% over the period from 2019 to 2022; however, the trend pattern remained relatively stable, with only minor fluctuations throughout the analyzed period. The growth pace was the most rapid in 2021 when imports increased by 12%. Imports peaked in 2022 and are likely to see steady growth in the near future.

Import of Medical Furniture in the United States (Million USD)
COUNTRY	2020	2021	2022	CAGR, 2020-2022
China	411	496	504	10.7%
Mexico	160	139	153	-2.2%
Canada	101	107	135	15.6%
Germany	93.3	122	113	10.1%
Taiwan (Chinese)	76.7	80.5	102	15.3%
Czech Republic	14.6	24.6	24.8	30.3%
Others	132	141	189	19.7%
Total	987	1,109	1,221	11.2%

Top Suppliers of Medical Furniture to the United States in 2022:

China (47.5M units)
Taiwan (Chinese) (15.2M units)
Canada (6.2M units)
Mexico (6.2M units)
Germany (3.4M units)
Czech Republic (1.9M units)

Medical Furniture Exports in the United States

Medical furniture exports from the United States contracted to 5.7M units in 2022, declining by -12.6% on the previous year's figure. Overall, exports continue to indicate a sharp descent. The exports peaked at 9M units in 2020; however, from 2021 to 2022, the exports failed to regain momentum.

In value terms, medical furniture exports rose markedly to $655M in 2022. The total export value increased at an average annual rate of +5.8% over the period from 2019 to 2022; however, the trend pattern remained consistent, with only minor fluctuations being observed throughout the analyzed period. The pace of growth appeared the most rapid in 2020 with an increase of 20%. As a result, the exports reached the peak of $666M. From 2021 to 2022, the growth of the exports remained at a lower figure.

Export of Medical Furniture in the United States (Million USD)
COUNTRY	2020	2021	2022	CAGR, 2020-2022
Canada	244	193	209	-7.4%
Netherlands	60.8	54.4	73.4	9.9%
Mexico	33.5	33.9	42.7	12.9%
Australia	33.2	32.7	36.9	5.4%
United Kingdom	24.8	24.9	29.5	9.1%
France	35.5	32.6	23.0	-19.5%
China	20.8	20.8	20.7	-0.2%
Japan	15.6	17.0	17.1	4.7%
Chile	5.2	5.4	5.3	1.0%
Others	192	163	198	1.6%
Total	666	577	655	-0.8%

Top Export Markets for Medical Furniture from the United States in 2022:

Netherlands (1170.1K units)
Canada (796.1K units)
Australia (783.0K units)
United Kingdom (560.7K units)
Japan (397.5K units)
France (308.8K units)
Mexico (219.5K units)
Chile (127.7K units)
China (106.2K units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the medical furniture market in the U.S.. 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:

United States

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in the U.S.
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

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:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
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. 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. 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. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
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. 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. 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. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
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 In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023