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 2027
Market Highlights
It 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. Other key factors such as advancement in the field of healthcare and adoption of advanced equipment by healthcare institutes also drive the growth of the market. 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. The North American region holds a substantial share in the global market. This owes to the rising incidence of chronic diseases, and high inpatient visits are driving the growth of the North America specialty medical chairs market.
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The increasing number of hospitals and clinics is increasing the demand for specialty medical chairs such as birthing chair, dialysis chair, and rehabilitation chairs that serve specific purposes depending on their application. 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. In 2016, Dentsply Sirona, Inc. invested US$ 128.5 million in product innovation. This initiative had assisted the company in acquiring a major share of the global market.
The global specialty medical chairs market is segmented on the basis of product type, and application.
Some of the key players in the global specialty medical chairs market are Dentsply Sirona, Danaher (KaVo Dental GmbH), Fresenius SE & Co. KGaA, A-DEC, Inc, ACTIVEAID, Inc, DentalEZ, Inc, Topcon Medical Systems, Inc., Midmark Corp., PLANMECA OY, Hill Laboratories Company, Forest Dental Products, Inc., Invacare Corporation, Marco, Rehab Seating Systems, Inc., and others.
Table Of Contents:
Chapter 1. Report Prologue
Chapter 2. Market Introduction
2.1 Definition
2.2 Scope Of The Study
2.2.1 Research Objective
2.2.2 Assumptions
2.2.3 Limitations
Chapter 3. Research Methodology
3.1 Overview
3.2 Primary Research
3.3 Secondary Research
3.4 Market Size Estimation
Chapter 4. Market Dynamics
4.1 Drivers
4.2 Restraints
4.3 Opportunities
Chapter 5. Market Factor Analysis
5.1 Porter’s Five Forces Analysis
5.1.1 Bargaining Power Of Suppliers
5.1.2 Bargaining Power Of Buyers
5.1.3 Threat Of New Entrants
5.1.4 Threat Of Substitutes
5.1.5 Intensity Of Rivalry
5.2 Value Chain Analysis
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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.
