Speciality Medical Chairs Market

Market Overview

The global speciality medical chairs market size 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 equipment used for treatment, evaluation and rehabilitation is called a "speciality medical chair." For surgeons to reach patients in the correct position or angle during therapy or surgery, speciality chairs improve the chairs' mobility, flexibility, and convenience. During the entire treatment, the patient can relax in total comfort in these chairs. Doctors can employ these chairs as they see fit, directing them as needed in their particular fields of medicine. These gadgets can either be manually or battery-powered. Ambulatory surgery centres, hospitals, and clinics are all places where they're employed frequently. Examination chairs (such as those used for childbirth, cardiac procedures, blood draws, dialysis, and mammography) and treatment chairs (such as those used for ophthalmology, ENT (ear, nose, and throat), dentistry, and other surgical procedures) are just a few examples of the many types of speciality medical chairs. The purpose of a birthing chair is to assist a woman in maintaining an upright position during labour, which is essential for her health and safety. The cardiac chair, one type of medical chair, aids patients in recovering from heart surgery and respiratory illnesses more quickly. The blood drawing chair is used for various medical purposes, including gathering blood samples. All other specialized chairs are similar, each serving a specific purpose.

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

Market Dynamics

Market Driving Factors

Increased incidence of various disease treatments globally will drive the market growth

Due to the well-established medical services that are available in wealthy countries. The number of healthcare facilities, clinics, and rehabilitation centres globally that use specialized medical chairs, such as Birthing Chairs, Dialysis Chairs, Ophthalmic Chairs, Blood Drawing Chairs, ENT Chairs, Dental Chairs, and Rehabilitation Chairs. The Food and Drug Administration (FDA) only recently disclosed a speedier pathway for the approval of medical devices, a key driver of growth in the market for medical devices and equipment.

Rising geriatric population and chronic diseases

One of the most critical aspects contributing to the expansion of the market is the growing incidence of persistent medical conditions worldwide. In addition, the expanding number of older adults, who are more likely to suffer from cardiovascular and respiratory diseases and have a greater need for intensive medical care, is boosting the industry's expansion. Along these lines, the growing preference among customers for receiving care within their own homes is also helping to propel market expansion. Developing customized and automated chairs is one of many innovative items contributing to the industry's growth. It is projected that other factors, such as considerable improvements in the healthcare infrastructure, particularly in developing nations, as well as increased spending capacities of consumers, will drive the market toward expansion. Specifically, this growth will be driven by the market.

Global Speciality Medical Chairs Market Opportunities

The increasing popularity of electric wheelchairs

Electric wheelchairs are becoming increasingly popular due to consumers' growing fondness for intelligent gadgets, wearable devices, and items that integrate artificial intelligence and machine learning. Additionally, a heightened emphasis on sensor research and development, in conjunction with the Internet of Things, is likely to drive sales. The growing interest shown by the robotics sector in creating software and models to address a wide range of issues about mobility will produce an environment that is beneficial to the market.

According to the World Health Organization, by 2050, approximately one billion people will have some disability. It is because of a rise in the prevalence of chronic health problems and an overall increase in the population's average age. The growing rate of obesity has led to an increase in the demand for medical chairs, which have undergone significant development over the past ten years.

For instance, in 2021, Cojocaru and colleagues published a study claiming that even smart wheelchairs require visual control sensors and presenting a prototype design that major manufacturers may adopt.

Global Speciality Medical Chairs Market Restraints

High Investment and production cost

They could not fully contribute to society due to limited employment and educational opportunities, which strained the family. Repetitive strain injuries can result from using a specialized medical chair, particularly in the shoulders. It needs regular maintenance. All technical procedures and treatments are expensive, including robotic surgery and other machinery-based procedures.

The global speciality medical chairs market share is anticipated to be hindered by high investment and production costs. End-user purchase decisions are influenced by the price of a speciality medical chair. Pharmaceutical corporations widely use these systems, which dramatically raises capital costs. Due to a shortage of qualified and trained workers, the medical equipment cannot be operated. Strict regulatory requirements may hamper the specialist medical chairs market growth. Additionally, it is anticipated that the number of unregistered practitioners will significantly impact the specialist medical chairs market demand.

Regional Analysis

The global speciality medical chairs market may be broken down into the following regions: North America, Europe, Asia-Pacific, South America, the Middle East, and Africa.

It is anticipated that North America's speciality medical chairs market share will represent a significant part of the overall market. It is projected that Asia-Pacific will experience faster growth throughout the forecast period as a result of increased investments in the process of research and development and the implementation of solutions in the region.

The expanding number of companies operating in the Specialty Medical Chairs Market across geographies is anticipated to drive further market expansion. In addition, during the study, the market is anticipated to be fuelled by increased investments made by significant vendors in product capabilities and the development of their businesses. Many market participants are discovering attractive prospects in growing economies like China and India, where enormous populations are combined with recent advances in various industries. These countries include China and India.

Segmental Analysis

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 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. In 2021, the segment for rehabilitation chairs had the highest market share (40.4%). Pediatric chairs are among those used for bathing, positioning, and movement. The bariatric and geriatric chairs can be used for similar tasks, although their weight and carrying capacities may be more significant. During the projection period, the segment is expected to be driven by an ageing population, increasing paralysis and spinal injury cases, and other factors.

According to the WHO, research done in Africa in 2018 found that 62.5% and 82.5% of those in need of rehabilitation services do not get them. It is projected to increase demand for these services, encouraging the use of rehabilitation chairs and services.

Based on application, the market is classified into hospitals, Clinics, and Ambulatory Surgical Centres.

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.