Home Press Release Speciality Medical Chairs Market Extends at a Healthy CAGR of 7.9% by 2030

Speciality Medical Chairs Market Extends at a Healthy CAGR of 7.9% by 2030

Introduction

Medical chairs are used for treatment, assessment, and rehabilitation. Speciality chairs offer movement, flexibility, and convenience, allowing surgeons to access patients as needed during therapy or surgery. These seats relax patients during procedures. Doctors can use these chairs as they like in their particular healthcare fields. Manual or battery-operated devices. ASCs, hospitals, clinics, and more use them. Exam chairs (birthing chair, cardiac chair, blood drawing chair, dialysis chair, mammography chair), treatment chairs (ophthalmic chair, ENT chairs, dentistry chair, another surgical chair), and rehabilitation chairs are examples of speciality medical chairs (geriatric chair, pediatric chair, bariatric chair, toilet chair). Birthing chairs help women maintain an upright position during labour. A cardiac chair helps heart surgery and respiratory ailment patients recover faster. The blood drawing chair is used for medical blood sampling.

The market is expected to develop since more and more people need to be treated and examined. Additionally, it is anticipated that the market for speciality medical chairs used for rehabilitation will expand due to the growing elderly population.

Market Dynamics

  • The global increase in the prevalence of different disease treatments is anticipated to fuel market expansion.

Global disease prevalence is projected to fuel market growth because developed nations have established healthcare systems. A growing number of speciality medical chairs, including birthing chairs, dialysis chairs, ophthalmic chairs, blood drawing chairs, ENT chairs, dental chairs, and rehabilitation chairs, are being used in hospitals, clinics, and rehabilitation facilities around the world. A crucial factor in the growth of the medical device and equipment market is the FDA's recent announcement of a quicker pathway for medical device approval.

  • Rising geriatric population and chronic diseases

One main factor fueling the market's expansion is the rising frequency of chronic medical conditions worldwide. A further factor driving market expansion is the growing senior population, which is more prone to respiratory and cardiovascular diseases and necessitates significant medical attention. In keeping with this, the industry is expanding due to consumers' growing demand for in-home care. Additionally, several product advances, like creating customized and automated chairs, promote market expansion. The market is expected to rise due to additional reasons, such as notable advancements in healthcare infrastructure, particularly in developing nations, and rising consumer spending power.

Growth opportunities for the global speciality medical chair market

  • The increasing popularity of electric wheelchairs

The adoption of electric wheelchairs is driven by a growing inclination for smart devices, wearable technology, and AI and machine learning products. The Internet of Things and increased attention on sensor research and development are other factors that could boost sales. The robotics industry's growing interest in creating models and software for a range of mobility-related issues will create a favourable market environment for the market.

According to the World Health Organization, nearly 1 billion people will have some sort of impairment by 2050. It is brought on by a rise in chronic health conditions and an ageing population. Medical chairs have undergone considerable developments over the past ten years because of the rising prevalence of obesity.

Regional Analysis

The Global Specialty Medical Chairs Market is divided into five regions: North America, Europe, Asia-Pacific, South America, and The Middle East & Africa. The market for speciality medical chairs is anticipated to dominate North America. Asia-Pacific is anticipated to increase over the estimated period due to rising investment in the research & development process and acceptance of solutions in the area.

Market expansion is anticipated to be further fuelled by the expanding number of Specialty Medical Chairs Market players across geographies. Additionally, it is anticipated that well-known vendors will increase their product capabilities and business expansion investments during the research period. In growing economies like China and India, where the enormous populations are combined with recent advances in various industries, many market participants are discovering attractive prospects.

Key Highlights

  • The global speciality medical chairs market was valued at USD 3.78 billion in 2021, and it is anticipated to reach USD 7.49 billion by 2030 at a CAGR of 7.9%.
  • The global speciality medical chairs market is segmented into three parts based on product, application, and region. Further, the product segment is divided into Examination, Treatment, and Rehabilitation Chairs. The rehabilitation chairs segment holds the largest market share.
  • The examination chairs are further segmented into Cardiac Chairs, Birthing Chairs, Blood Drawing Chairs, Dialysis Chairs, and Others.
  • The treatment chairs segment is further divided into ENT Chairs, Ophthalmic Chairs, Dental Chairs, and Other Treatment Chairs.
  • The rehabilitation chairs are divided into Geriatric Chairs, Pediatric Chairs, Bariatric Chairs, and Others.
  • The market is broken down into hospitals, Clinics, and Ambulatory Surgical Centres based on application.
  • The global market for speciality medical chairs is divided into North America, Europe, Asia-Pacific, South America, and the Middle East and Africa based on region. North America dominates the market.

Competitive Players

Competitive Analysis

Some of the key players contributing majorly to the global speciality medical chairs market are Rehab Seating Systems Inc., A-DEC, Inc., ACTIVEAID Inc., DentalEZ, Inc., Topcon Medical Systems Inc., Midmark Corp., PLANMECA OY, Fresenius SE & Co. KGaA, Hill Laboratories Company, Forest Dental Products Inc., Dentsply Sirona, Danaher (KaVo Dental GmbH), and Invacare Corporation. 

Recent Developments

Recent Developments

  • In June 2022, The West Central Ohio Manufacturing Partnership (WCOMP) and Ohio STEM joined forces with Midmark Corp. to advance STEM and increase interest in manufacturing. WCOMP and Ohio STEM are the only clinical environmental design company offering medical, dental, and veterinary solutions that enable a better experience at the point of care.
  • In May 2022, the unique patient lift system BirdieTM Evo XPLUS from Invacare Corporation was launched in the United States. It is intended for use in post-acute care facilities. The Birdie Evo XPLUS offers cutting-edge technology that helps maximize comfort and security, lifting or transferring a patient to or from a bed, chair, or floor. It features a sleek and contemporary appearance.

Segmentation

Market Segmentation

By Product

  • Examination Chairs
  • Cardiac Chairs
  • Birthing Chairs
  • Blood Drawing Chairs
  • Dialysis Chairs
  • Others
  • Treatment Chairs
  • ENT Chairs
  • Ophthalmic Chairs
  • Dental Chairs
  • Other Treatment Chairs
  • Rehabilitation Chairs
  • Geriatric Chairs
  • Pediatric Chairs
  • Bariatric Chairs
  • Others

By Application

  • Hospitals
  • Clinics
  • Ambulatory Surgical Centres

By Region

  • North America
  • Europe
  • Asia-Pacific
  • South America
  • The Middle East & Africa

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