The Specialty Medical Chairs Market was valued at over US$ 3.3 billion in 2023 and is predicted to grow at an 8.7% CAGR from 2023 to 2033. Over the projected period, the expanding geriatric population is likely to drive up demand for specialty medical chairs. From 2023 to 2033, the market is estimated to provide an absolute monetary opportunity of roughly US$ 4.2 billion.
The elevating demand for a diverse range of specialized medical chairs is being driven by the increasing prevalence of health issues and the rising availability of medical facilities including rehabilitation centers. Moreover, the medical device industry is also growing as a result of an increasing preference for at-home healthcare. This spurt in home healthcare along with rehabilitation centers is one of the key factors driving the worldwide specialty medical chair demand.
As the number of medical facilities and hospitals increases, the need for specialty medical chairs, such as dialysis chairs, rehabilitation office chairs, and birthing chairs has also been growing. This has further elevated the demand for specialty medical chairs globally.
Industry players are projected to profit from the swift expansion of automated and technologically advanced medical beds in the not-too-distant future. The growth of the market arises from the soaring number of hospitals and healthcare facilities.
In terms of region, the market in North America is expected to provide significant opportunities to the global market. The North American medical chairs market has many opportunities in the remote, medical support sector, mainly due to the aging of the region's population. In the next 10 years, the regional specialty medical chairs market will be driven by the heightened prevalence of health issues resulting from lifestyle choices.
Competitive Landscape
The key players operating in the Specialty Medical Chairs Market are A-dec, Inc., ActiveAid, Inc., DentalEZ, Inc., Fresenius Medical Care AG & Co. KGaA, Topcon Corp., Midmark Corp., Danaher, Dentsply Sirona, Planmeca Oy, and Hill Laboratories Company.
Read More@ https://www.futuremarketinsights.com/reports/specialty-medical-chairs-market
Market Segments Covered in Specialty Medical Chairs Market Analysis
By Type:
- Examination
- Birthing
- Cardiac
- Blood Drawing
- Dialysis
- Mammography
- Treatment
- Ophthalmic
- ENT
- Dental
- Other Treatments
- Other Rehabilitations
- Rehabilitation
- Pediatric
- Bariatric
- Geriatric
- Other Rehabilitations
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.
