Specialty Medical Chairs Market By Product (Treatment Chair, Examination Chair, Rehabilation Chair), By Type (Electric chairs, Manual chairs), By End User (Hospitals, Cilincs, Others): Global Opportunity Analysis and Industry Forecast, 2021-2031
The global specialty medical chairs market was valued at $4,061.68 million in 2021, and is projected to reach $7,846.17 million by 2031, registering a CAGR of 6.8% from 2022 to 2031.Specialty medical chairs are medical equipment intended for the purpose of treatment, examination, and rehabilitation. These help an individual by enhancing mobility or by improving comfort during various surgical operations. Specialty medical chairs can be used at the time of examination and treatment of patients in hospitals, clinics, and ambulatory surgical centers. These devices can be manually operated or powered by batteries. These chairs can be used by doctors as per their convenience by guiding them as desired in their respective fields of healthcare, as these chairs help in providing great comfort to the patient throughout the medical procedure.
A few examples of commonly used specialty medical chairs are examination chairs, which include birthing chairs, cardiac chairs, blood drawing chairs, dialysis chairs, mammography chairs, and others. Another type of chair is the treatment chair and rehabilitation chair. Examples of rehabilitation chairs are geriatric chairs, pediatric chairs, bariatric chairs, toilet chairs, and others. These specialty medical chairs play an important role in assisting the patient's recovery. They will also help in the collection of blood samples for the diagnosis of various medical conditions. For instance, a birthing chair helps women be in a physiologically upright posture during childbirth.
Due to the advantages offered by specialty medical chairs, such as the mobility and flexibility they provide to the surgeon to operate the patient in great comfort, it is obvious that the specialty medical chair market is in a unique position to grow as patient volumes continue to rise due to ageing populations, rising co-morbidities, and an increase in the incidence of road accidents and spinal cord injuries.
The key factors that drive the growth of the market include rise in the prevalence of chronic diseases, surge in geriatric population, and increase in number of gynecological diseases in women. This drives the specialty medical chair market. Moreover, the rise in prevalence of disability due to various factors such as an increase in number of road accidents, spinal cord injuries, meningitis, and workplace injuries is expected to favor demand for wheelchairs during the forecast period, which propels the growth of the market. For instance, according to the World Health Organization (WHO), over 1 billion people, about 15% of the global population, currently experience disability, and this number is increasing due to rise in geriatric population and an increase in the prevalence of noncommunicable diseases. Thus, overall, 15% of the disabled population globally requires specialty medical chairs for their daily activities and physical movement, which boosts the growth of the market.
Furthermore, the increase in investments in healthcare infrastructure by the government and private sector and the rise in the demand for dialysis chairs due to an increase in the prevalence of chronic kidney diseases are anticipated to fuel the market's growth. For instance, according to the report published by the Centre for Disease Control and Prevention in 2021, more than 1 in 7, that is 15% of U.S. adults, or 37 million people, are estimated to have chronic kidney disease (CKD).
However, the high cost of specialty medical chairs hampers the market's growth. Conversely, emergence of healthcare market in developing countries, increase in demand for technologically advanced medical equipment, rise in number of key players offering customized products to meet the varying needs of patients and clinicians, and increase in prevalence of chronic and communicable diseases are expected to provide a lucrative opportunity for the growth of the market during the forecast period.
The specialty medical chairs market is segmented on the basis of product, type, end user and region. By product the market is segmented into examination chairs, treatment chairs and rehabilitations chairs. By type, the market is segmented into electric chairs and manual chairs. By end user the market is segmented into hospitals, clinics and others. Region-wise, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
By product, the examination chairs are further sub-segmented into cardiac, blood drawing and others. On the basis of treatment chairs, it is further bifurcated into ophthalmic, dental and others. On the basis of rehabilitation chairs the market is sub-segmented into pediatric, geriatric and other.
North America accounted for a majority of the specialty medical chairs market share in 2021 and is anticipated to remain dominant during the forecast period. The specialty medical chairs market is mainly driven by the rise in prevalence of chronic diseases, increase in healthcare expenditure of this region, presence of key players in the country and the strategies they adopt for their product development. Moreover, an increase in the number of road accident and spinal cord injuries back pain and excessive body weight boost the market growth.
Asia-Pacific was the second largest contributor to the market in 2021, and is expected to register the fastest CAGR during the forecast period. This is due to the presence of high unmet medical needs and constantly improving healthcare infrastructure to cure chronic disorders. In addition, the rapidly growing geriatric population and the rise in case of paralysis in emerging nations is set to drive the growth of the market in the Asia-Pacific region. This helps several market players to invest in Asia-Pacific countries, which in turn is projected to further contribute toward the growth of the specialty medical chairs market.
The key players that operate in the Specialty medical chairs market are A-Dec Inc, Craftsmen Contour Equipment Inc, Danaher Corporation, Dentalez Inc, Dentsply Sirona, Diplomat Dental, Henry Schein, Midmark Corporation, Planmeca OY, XO Care A/S.
Key Benefits For Stakeholders
This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the specialty medical chairs market analysis from 2021 to 2031 to identify the prevailing specialty medical chairs market opportunities.
The market research is offered along with information related to key drivers, restraints, and opportunities.
Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
In-depth analysis of the specialty medical chairs market segmentation assists to determine the prevailing market opportunities.
Major countries in each region are mapped according to their revenue contribution to the global market.
Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
The report includes the analysis of the regional as well as global specialty medical chairs market trends, key players, market segments, application areas, and market growth strategies.
Key Market Segments
By Product
Treatment Chair
Type
Dental
Opthalmic
Others
Examination Chair
Type
Cardiac
Blood Drawing
Other
Rehabilation Chair
Type
Geriatric
Pediatric
Others
By Type
Electric chairs
Manual chairs
By End User
Hospitals
Cilincs
Others
By Region
North America
U.S.
Canada
Mexico
Europe
Germany
France
UK
Italy
Spain
Rest Of Europe
Asia-Pacific
Japan
China
Australia
India
South Korea
Rest Of Asia-Pacific
LAMEA
Brazil
Saudi Arabia
South Africa
Rest Of LAMEA
Key Market Players
A-DEC INC
CRAFTMASTER CONTOUR EQUIPMENT INC
DANAHER CORPORATION
DENTALEZ, INC
Dentsply Sirona Inc
DIPLOMAT DENTAL
HENRY SCHEIN
MIDMARK CORPORATION
PLANMECA OY
XO CARE A/S
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