Getinge AB (Sweden) and Stryker (US) are Leading Players in the Medical Furniture Market
The global medical furniture market is projected to reach USD 18.21 billion by 2031 from USD 14.02 billion in 2026, at a CAGR of 5.4%.
The medical furniture market is driven by rising healthcare infrastructure expansion, increasing hospital admissions, and growing demand for advanced, ergonomic, and patient-centric equipment. Ageing populations and the growing prevalence of chronic diseases are pushing hospitals and long-term care facilities to upgrade beds, stretchers, and mobility-support furniture. Technological integration, such as smart beds, infection-control surfaces, and modular designs, furthers adoption. Opportunities arise from rapid healthcare investments in Asia-Pacific, the Middle East, and Latin America, the shift toward home care, and the rising focus on bariatric care. Additionally, the global push for quality accreditation and safety standards encourages continuous replacement and modernization of medical furniture.
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Some of the prominent players operating in the market include Getinge AB (Sweden), Stryker (US), Baxter (US), Arjo (Sweden), and PARAMOUNT BED CO., LTD. (Japan). Leading medical furniture companies strengthen their market position through a mix of innovation, expansion, and strategic collaboration. They invest consistently in R&D to develop ergonomically advanced, technologically enhanced, and patient-centric furniture that improves safety and care efficiency. To broaden their reach, these players pursue partnerships and acquisitions, enabling them to diversify product portfolios and enter new geographic markets. Additionally, many companies adopt organic growth strategies such as launching new products tailored to regional needs and securing product approvals from regulatory bodies. Together, these tactics help them enhance competitiveness, meet evolving healthcare demands, and maintain a strong global market presence.
Getinge AB (Sweden)
Getinge AB is a key player in the medical furniture market due to its extensive global footprint, strong product ecosystem, and continuous strategic investment. The company operates in over 40 countries with product reach in more than 135 countries, giving it unmatched distribution strength and customer access. Its Surgical Workflows segment, covering operating room equipment and sterile reprocessing, forms the backbone of its medical furniture presence, offering integrated, high-quality solutions that support modern surgical and critical care environments. Getinge’s substantial R&D investment of SEK 1,452 million (USD 148.4 million) in 2025 underscores its commitment to innovation, reflected in advanced offerings such as the Maquet Corin surgical table launched in October 2023. The company further strengthens its market position through both organic and inorganic strategies, including collaborations like the 2025 partnership with Zimmer Biomet for ASC product distribution and geographic expansions such as the 2024 experience center in Mumbai. Collectively, these initiatives solidify Getinge’s leadership and competitiveness in the global medical furniture market.
Stryker (US)
Stryker Corporation is a key player in the medical furniture market due to its robust product portfolio, strong global presence, and sustained commitment to innovation. Through its MedSurg and Neurotechnology segment, the company delivers advanced medical beds, powered stretchers, and clinical chairs designed to improve patient safety, workflow efficiency, and caregiver ergonomics. Its reach across approximately 75 countries, supported by well-established subsidiaries and manufacturing infrastructure, enables strong distribution capabilities and consistent customer engagement. Stryker’s significant investment of USD 1,466 million in research, development, and engineering in 2024 further reinforces its focus on technology-driven product enhancements and continuous portfolio expansion. This combination of broad market access, advanced engineering capabilities, and diversified medical furniture offerings positions Stryker as a leading and influential competitor in the global medical furniture landscape.
Market Ranking
The global medical furniture market is led by Baxter, supported by its extensive product portfolio and strong worldwide presence, which drives high adoption across healthcare settings. Arjo contributes significantly to market growth by offering diverse medical beds, stretchers, and trolleys catering to hospitals, clinics, and long-term care facilities. Stryker Corporation follows, leveraging its widely used medical beds and ambulance cots, strengthened further by its established hospital network. Baxter secures a strong position through continuous investments in smart and advanced medical beds, enabling steady product innovation. Paramount Bed focuses heavily on Asia Pacific and North America, maintaining competitiveness through a broad range of hospital and long-term care furniture.
Related Reports:
Medical Furniture Market By Product [Medical Beds (Electric, Manual), Chairs (Gynecology, Bariatric), Tables, Cabinets, Trolleys], By Application [Long-term, Patient Care & Accommodation], End User [Hospitals, ASCs], By Region - Global Forecast to 2031
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