Specialty Medical Chairs Market 2023 Updates: USD 7.9 Billion by 2031,Claims AMR
Specialty medical chairs are designed to meet the unique needs of patients with mobility issues or medical conditions. These chairs are typically found in hospitals, clinics, and other medical facilities, but can also be used in the home.
One common type of specialty medical chair is the geriatric chair, which provides comfort and support to elderly patients who may have difficulty standing or sitting for long periods of time. Another type is the bariatric chair, which is designed to accommodate patients who are overweight or obese.
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- CAGR: 6.8%
- Current Market Size: USD 4.1 Billion
- Forecast Growing Region: APAC
- Largest Market: North America
- Projection Time: 2021- 2031
- Base Year: 2021
The Specialty Medical Chairs Market Size was valued at $4.1 billion in 2021, and is estimated to reach $7.9 billion by 2031, growing at a CAGR of 6.8% from 2022 to 2031.
The Specialty Medical Chairs Market Size is projected to grow significantly in the forecast period due to several key factors. Firstly, the increasing prevalence of cancer and chronic diseases is expected to drive the demand for specialty medical chairs. Secondly, the growing geriatric population requiring rehab is another key factor driving market growth. Additionally, the adoption of technologically advanced specialty medical chairs is on the rise, which is further contributing to market expansion.
Pharmaceutical companies are also investing heavily in R&D, which is expected to fuel market growth. Finally, the increasing number of surgical procedures for ophthalmic, dental, and ENT disorders is expected to further drive demand for specialty medical chairs. For instance, a recent report published in the Healio Journal revealed that the number of cataract surgeries in the US is expected to increase from 4 million to 6 million by 2030, with a decline in the average age of patients undergoing the surgery.
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The Specialty Medical Chairs Industry is classified into two types: electric chairs and manual chairs. In 2021, the electric chair segment held the largest Specialty Medical Chairs Market Share and is expected to continue leading the market during the forecast period. This is attributed to the increasing demand for high-quality electronic chairs and the growing awareness about the use of electronic wheelchairs. Additionally, electromechanical systems equipped with safety precautions, such as actuators that lock the chair in place in case of sudden power loss, are further contributing to the popularity of electric chairs. These safety features help prevent accidents and ensure the safety of patients using electric chairs.
Key Findings of the Study
- By product, the treatment chair segment was the highest contributor to the market in 2021.
- By type, the electric chair segment was the highest contributor in 2021.
- By end user, the hospitals segment dominated the market in 2021 and is expected to continue this trend during the forecast period.
- By region, North America held the largest revenue share in 2021, whereas Asia-Pacific is anticipated to grow at the highest CAGR during the forecast period.
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Specialty Medical Chairs Market Key Players-
Some of the key players in the Specialty Medical Chairs market include:
- A-Dec Inc,
- Craftsmen Contour Equipment Inc,
- Danaher Corporation,
- Dentalez Inc,
- Dentsply Sirona,
- Diplomat Dental,
- Henry Schein,
- Midmark Corporation,
- Planmeca OY,
- And XO Care A/S.
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