The Specialty Medical Chairs Global Market Report 2024 by The Business Research Company provides market overview across 60+ geographies in the seven regions - Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa, encompassing 27 major global industries. The report presents a comprehensive analysis over a ten-year historic period (2010-2021) and extends its insights into a ten-year forecast period (2023-2033).
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According to The Business Research Company’s Specialty Medical Chairs Global Market Report 2024, The specialty medical chairs market size has grown strongly in recent years. It will grow from $4.58 billion in 2023 to $4.88 billion in 2024 at a compound annual growth rate (CAGR) of 6.6%. The growth in the historic period can be attributed to aging population demands, increased prevalence of chronic diseases, expanding ambulatory care services, regulatory compliance in healthcare, focus on patient-centric care..
The specialty medical chairs market size is expected to see strongly grown in the next few years. It will grow to $6.07 billion in 2028 at a compound annual growth rate (CAGR) of 5.6%. The growth in the forecast period can be attributed to rising demand for bariatric solutions, technological integration in patient care, expanding home healthcare market, global healthcare infrastructure development, increasing awareness of ergonomics.. Major trends in the forecast period include height-adjustable and multifunctional chairs, patient-centric approach, sustainable and eco-friendly materials, telehealth integration, collaborations for technological innovations..
The rising cases of paralysis are expected to propel the growth of the specialty medical chairs market going forward. Paralysis is a medical condition characterized by the loss of muscle function and voluntary movement in a specific part of the body or, in some cases, the entire body. Specialty medical chairs provide improved comfort, mobility, and independence for people with paralysis. For instance, in April 2023, according to the Centers for Disease Control and Prevention, a US-based national public health agency, 127 paralytic cases were found in 2022, an increase of 16 cases in 2021. Therefore, the rising cases of paralysis are driving the growth of the specialty medical chairs market.
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The specialty medical chairs market covered in this report is segmented –
1) By Product: Examination, Treatment, Rehabilitation
2) By Technology: Electric, Mechanical, Hydraulic, Electro-Mechanical, Other Technologies
3) By End User: Hospitals, Clinics, Other End Users
Major companies operating in the specialty medical chairs market are focused on innovating advanced medical chairs, such as digitally connected dental chairs and delivery systems, to drive revenues in the market. A digitally connected dental chair and delivery system is a modern and technologically advanced setup used in dental offices and clinics that incorporate digital technologies to enhance the efficiency of dental procedures, improve patient care, and streamline the workflow for dental professionals. For instance, in June 2023, A-Dec Inc., a US-based company that manufactures specialty medical chairs, launched its first digitally connected dental chair and delivery systems, the A-dec 500 Pro and A-dec 300 Pro platforms. A-dec 500 comes with A-dec+, an updatable software platform that provides the dentist and the doctor with new connectivity chairs to their A-dec equipment. The A-dec+ mobile or online application offers doctors a centralized platform to see the ecosystem of linked equipment, where they would obtain supportive insights into the usage and performance of their connected equipment.
The specialty medical chairs market report table of contents includes:
- Executive Summary
- Specialty Medical Chairs Market Characteristics
- Specialty Medical Chairs Market Trends And Strategies
- Specialty Medical Chairs Market - Macro Economic Scenario
- Global Specialty Medical Chairs Market Size and Growth
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- Global Specialty Medical Chairs Market Competitive Benchmarking
- Global Specialty Medical Chairs Market Competitive Dashboard
- Key Mergers And Acquisitions In Specialty Medical Chairs Market
- Specialty Medical Chairs Market Future Outlook and Potential Analysis
- Appendix
Top Major Players :
- Paramount Bed Holdings Co. Ltd.
- Danaher Corporation
- Fresenius Medical Care AG & Co. KGaA
- Stryker Corporation
- Henry Schein Inc.
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Global Specialty Medical Chairs Market is anticipated to reach 7.65 billion by 2025.
It helps patients for improving mobility or in enhancing comfort during several surgical procedures.
The factors that propel the growth of the Specialty Medical Chairs Market comprise growing demand, increasing purchasing power, product development & technological innovations, and rapid urbanization & industrialization, well-established healthcare infrastructure & facilities, rise in disorders, an increase in R undertakings.
On the other hand, there are factors that may hamper the growth of the market such as economic stability and a high cost of specialty medical chairs.
Specialty Medical Chairs Market may be explored by distribution channel as online stores, specialty stores, and others.
The factors that could be attributed to the growth include well-developed reimbursement structure, and increasing aged population, contributing to the overall revenue in this region.
Global Specialty Medical Chairs Market is anticipated to reach 7.65 billion by 2025.
Chairs that are designed for clinical need and provide functionality, comfort & safety to a patient are referred to as Medical chairs.
It helps patients for improving mobility or in enhancing comfort during several surgical procedures.The factors that propel the growth of the Specialty Medical Chairs Market comprise growing demand, increasing purchasing power, product development & technological innovations, and rapid urbanization & industrialization, well-established healthcare infrastructure & facilities, rise in disorders, an increase in R undertakings.
On the other hand, there are factors that may hamper the growth of the market such as economic stability and a high cost of specialty medical chairs.
The market is anticipated to grow at a significant CAGR of 6.7% in the upcoming period as the scope, product types, and its applications are increasing across the globe.Request a Free Sample Copy of Specialty Medical Chairs Market Report @ https://www.millioninsights.com/industry-reports/specialty-medical-chairs-market/request-sampleSpecialty Medical Chairs may be explored by product, end user, and geography.
Specialty Medical Chairs Market may be explored by distribution channel as online stores, specialty stores, and others.North America accounted for the major share of the Specialty Medical Chair Market Size in 2016 and will continue to lead in the forecast period.
Specialty Medical Chairs Market Research Report, by Product Type (Examination Chair, (Birthing, Cardiac), Treatment Chair (Ophthalmic, ENT), Rehabilitation Chair (Geriatric, Pediatric)), Application (Medical Units, Hospital) — Global Forecast till 2027Market HighlightsIt is estimated that the global specialty medical chairs market is expected to register a CAGR ~6.8% during the forecast period of 2018–2023.The global specialty medical chairs market is expected to witness tremendous growth owing to the increasing incidence of obesity and a large number of laparoscopic surgeries performed.
However, factors such as lack of trained medical professionals are expected to curb the growth of the market during the forecast period.An increasing number of patients requiring treatment and examination favors the growth of the market.On a regional basis, the specialty medical chairs market in the Americas is predicted to dominate the market during the forecast period.
For instance, according to the American Hospital Association (AHA), an annual survey of hospitals in the US suggests the total number of registered hospitals in the US was 5,534 in 2017.
Emerging economies with growing healthcare expenditures are also expected to provide opportunities for the growth of the market.Currently, the global specialty medical chairs market is dominated by numerous players.
The major players in this market are involved in new product launches, strategic partnerships and collaborations to increase their product portfolio.
For instance, Dentsply Sirona, Inc. focusing on the development of new products, updating existing products, and introducing advanced technology in products.
