Specialty Medical Chairs Market is Segmented by Product Outlook (Revenue, USD Million, 2022 - 2031) of Birthing Chairs, Blood Drawing Chairs, Dialysis Chairs, Ophthalmic Chairs, ENT Chairs, Dental Chairs, Rehabilitation Chairs and Other by Application Outlook (Revenue, USD Million, 2022 - 2031) Hospital, Extended Care Institute and Other. Specialty Medical Chairs Market size was estimated at $4377.8 Million in 2019 and is expected to reach $6582.6 Million by 2027, growing at a CAGR of 6% during the forecast period of 2020 to 2027.
Specialty medical chairs are essentially medical devices that aid the patients in enhancing mobility or also helps in making patients comfortable during various surgical operations. It is mostly used by medical personnel, in clinical settings or in intensive care units in hospitals is one of the basic necessities in hospitals and requires special skills. Market competition is not intense. Sirona, Danaher, A-Dec, Morita, Planmeca, Midmark, etc. are the leading companies because they present advanced technologies and patents, with high-end customers; and have therefore formed a monopoly position in the medical industry.
Specialty Medical Chairs Market size was estimated at $4,377.8 Million in 2019 and is expected to reach $6,582.6 Million by 2031, growing at a CAGR of 6% during the forecast period of 2022 to 2031.
The rise in the information on health conditions and growing access to medical assistance are key factors in the growth of the global specialty medical chairs market. additionally, increasing preference for health care at home is also taking the market at a new and unprecedented height. Plus, continuous research and development by key players to devise creative products anticipated to boost the growth of the global specialty chairs market over the forecast period. Moreover, technologically advanced and fully automated medical chairs are also expected to provide effective chances for the global specialty medical chairs market in the time to come. But, the rising cost of chairs is a key factor restricting the growth of the global specialty medical chairs market. moreover, the availability of refurbished chairs is also causing a hindrance to the growth of the global specialty medical chairs over the forecasted period.
Specialized Medical Chairs Market Segmentation Analysis
Specialty Medical Chairs Market Growth and Trends
Specialty medical chairs being basic equipment necessary in hospitals, clinics, or other healthcare facilities for assisting geriatric population has a wide market as it is backed by increasing demand with an increase in elderly patients. Increased adoption rate of these rehabilitation chairs in developing regions are some of the key factors responsible for revenue generated by this market segment. Increasing prevalence of chronic kidney diseases is highly responsible for the largest share occupied by dialysis chairs and is anticipated to further propel the demand for these products in the coming years. Consistent advancements in technology, such as increased weight capacity and less time required for attaining the Trendelenburg position, are likely to stimulate the demand for this product, thereby ensuring that the specialty medical chairs market retains its position in the coming years, as the treatment segment is sure to grow at a lucrative rate going forward. They form an indispensable part of any treatment procedure, such as surgeries. A key utility factor associated with these products is that they help patients achieve a comfortable position, giving doctors unrestricted access to various parts of a patient’s body. This equipment increases safety for caregivers as well as patients and enhances patient relaxation. The rehabilitation segment is growing at a steady rate all across the globe with increasing incidence of spinal injuries and paralysis resulting in an increase in geriatric and disabled population, expected to help in maintaining a steady demand for this product segment.
The quality of these chairs needs to be absolutely perfect, failing which there could be a downturn in demand from the healthcare sector, as these are essential equipment used in healthcare setups, and hence quality cannot be compromised with. To ensure sustained market growth, there needs to be constant improvement of the quality of specialty medical chairs.
Specialty Medical Chairs Market Competition Key companies operating in this industry are Sirona, Danaher, A-Dec, Morita, Planmeca, Midmark, Invacare, Atmos Medical, Cefla, Heinemann Medizintechnik, DentalEZ, Fresenius Medical Care, Forest Dental Products,Topcon Medical, Winco, BMB medical, ACTIVEAID, Combed, Medifa, Hill Laboratories Company, and Marco.
Coverage Highlights • Specialty Medical Chairs Market Revenue Estimation and Forecast (2022 – 2031) • Production Estimation and Forecast (2022 – 2031) • Sales/Consumption Volume Estimation and Forecast (2022 – 2031) • Breakdown of Revenue by Segments (2022 – 2031) • Breakdown of Production by Segments (2022 – 2031) • Breakdown of Sales Volume by Segments (2022 – 2031) • Gross Margin and Profitability Analysis of Companies • Business Trend and Expansion Analysis • Import and Export Analysis
Specialty Medical Chairs Market Segmentation Analysis