Global Specialty Medical Chairs Market:
The global specialty medical chairs market size reached US$ 4.2 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 7.4 Billion by 2032, exhibiting a growth rate (CAGR) of 6.4% during 2024-2032. Aging population, the rising incidence of chronic diseases, ongoing technological advancements, and favorable government initiatives are primarily driving the market's growth.
Report Attribute
|
Key Statistics
|
Base Year
|
2023
|
Forecast Years
|
2024-2032
|
Historical Years
|
2018-2023
|
Market Size in 2023
|
US$ 4.2 Billion |
Market Forecast in 2032
|
US$ 7.4 Billion |
Market Growth Rate 2024-2032 |
6.4% |
Specialty Medical Chairs Market Analysis:
- Major Market Drivers: The increasing prevalence of chronic medical ailments across the globe is one of the key factors driving the growth of the market. Furthermore, the rising geriatric population, which is more susceptible to cardiovascular and respiratory ailments and requires intensive medical care, is providing a thrust to the market growth.
- Key Market Trends: The elevating consumer preference for in-home care is also contributing to the growth of the market. Moreover, significant improvements in the healthcare infrastructure, especially in developing economies, along with rising expenditure capacities of consumers, are anticipated to drive the global market.
- Competitive Landscape: Some of the prominent specialty medical chairs market companies include ActiveAid, A-dec Inc., DENTALEZ Inc., Dentsply Sirona, Fresenius Medical Care AG & Co. KGaA, Hill Laboratories Company, KaVo Dental GmbH (Danaher Corporation), Midmark Corporation, PLANMECA OY, Rehab Medical Inc., and Topcon Corporation, among many others.
- Geographical Trends: According to the specialty medical chairs market dynamics, North America exhibits a clear dominance in the market. The increasing geriatric population in the region is a significant driver, as older adults have higher healthcare needs that often require the use of specialty medical chairs.
- Challenges and Opportunities: High costs associated with advanced features, and rising competition among key players are hampering the market demand. However, innovations such as automated and customized medical chairs can enhance patient comfort and care efficiency, providing a competitive edge to companies that invest in these technologies.
Specialty Medical Chairs Market Trends:
Aging Population
The increasing elderly population significantly drives the demand for specialty medical chairs. For instance, according to the World Health Organization (WHO), by 2030, one in every six persons in the world will be 60 or older. At this time, the proportion of the population aged 60 and up will rise from 1 billion in 2020 to 1.4 billion. By 2050, the global population of persons aged 60 and up will double (2.1 billion). Older adults often require enhanced medical care and support, which these chairs provide. These factors are expected to propel the specialty medical chairs market in the coming years.
Prevalence of Chronic Diseases
The high prevalence of chronic conditions, such as cardiovascular diseases, diabetes, and orthopedic disorders, necessitates frequent medical treatments and supportive care. For instance, according to the World Heart Report 2023, cardiovascular illnesses impacted over 500 million people worldwide, causing 20.5 million deaths in 2021. Specialty medical chairs, particularly those used in dialysis, chemotherapy, and rehabilitation, are essential in managing these conditions. These factors are further positively influencing the specialty medical chairs market forecast.
Technological Advancements
Innovations in the design and functionality of specialty medical chairs, including features like automation, motorized adjustments, and the use of advanced materials, enhance patient comfort and care efficiency. For instance, in July 2024, Alerta Medical, a medical equipment maker, launched a new tilt-in-space shower chair in its Aqua chair line. This chair may be used for showering, transferring, and as a mobile commode. The Alerta Aqua Tilt-In-Space Hi-Lo Shower Commode Chair offers a gas spring-controlled seat angle adjustment for active and passive seating. These advancements make the chairs more attractive to healthcare providers and drive market growth, thereby boosting the specialty medical chairs’ market revenue.
Global Specialty Medical Chairs Industry Segmentation:
IMARC Group provides an analysis of the key trends in each segment of the global specialty medical chairs market report, along with forecasts at the global, regional, and country levels from 2024-2032. Our report has categorized the market based on product and end user.
Breakup by Product:
- Examination
- Treatment
- Rehabilitation
Rehabilitation currently holds the largest market share
The report has provided a detailed breakup and analysis of the specialty medical chairs market based on the product. This includes examination, treatment, and rehabilitation. According to the report, rehabilitation currently holds the largest market share.
According to the specialty medical chairs market outlook, rehabilitation specialty medical chairs are designed to assist individuals with mobility issues, disabilities, or those undergoing physical rehabilitation. These chairs are essential in both clinical and home settings, providing support & comfort, and enhancing the quality of life for users. The global aging population is growing, leading to an increased need for medical equipment that supports elderly care.
Breakup by End User:
- Hospitals and Clinics
- Ambulatory Surgical Centers
- Others
Hospitals and clinics exhibit a clear dominance in the market
The report has provided a detailed breakup and analysis of the specialty medical chairs market based on the end user. This includes hospitals and clinics, ambulatory surgical centers, and others. According to the report, hospitals and clinics exhibit a clear dominance in the market.
According to the specialty medical chairs market overview, specialty medical chairs in hospitals and clinics are designed to support various medical procedures and patient needs. These chairs often have specific features tailored to their intended use, ensuring comfort, safety, and efficiency. The global increase in the elderly population leads to a higher incidence of chronic diseases and mobility issues, necessitating the use of specialty medical chairs for treatment and patient comfort.
Breakup by Region:
- North America
- Asia-Pacific
- China
- Japan
- India
- South Korea
- Australia
- Indonesia
- Others
- Europe
- Germany
- France
- United Kingdom
- Italy
- Spain
- Russia
- Others
- Latin America
- Middle East and Africa
North America accounts for the largest market share
The report has also provided a comprehensive analysis of all the major regional markets, which include North America (the United States and Canada); Europe (Germany, France, the United Kingdom, Italy, Spain, Russia and others); Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, and others); Latin America (Brazil, Mexico, and others); and the Middle East and Africa. According to the report, North America was the largest market for specialty medical chairs.
According to the specialty medical chairs market statistics, North America has a significant and growing elderly population, leading to increased demand for medical chairs tailored to geriatric care, such as recliners and mobility assistance chairs. For instance, in 2020, the elder population in the United States numbered 55.8 million, accounting for 16.8% of the total. In 2020, almost one in every six adults in the United States aged 65 or older. Moreover, North American healthcare facilities prioritize patient comfort and safety, leading to increased adoption of specialty chairs that offer enhanced support, pressure relief, and ease of access for patients with limited mobility.
Competitive Landscape:
The market research report has provided a comprehensive analysis of the competitive landscape. Detailed profiles of all major market companies have also been provided. Some of the key players in the market include:
- ActiveAid
- A-dec Inc.
- DENTALEZ Inc.
- Dentsply Sirona
- Fresenius Medical Care AG & Co. KGaA
- Hill Laboratories Company
- KaVo Dental GmbH (Danaher Corporation)
- Midmark Corporation
- PLANMECA OY
- Rehab Medical Inc.
- Topcon Corporation
(Please note that this is only a partial list of the key players, and the complete list is provided in the report.)
Specialty Medical Chairs Market Recent Developments:
- July 2024: Alerta Medical, a medical equipment maker, launched a new tilt-in-space shower chair to its Aqua chair line. This chair may be used for showering, transferring, and as a mobile commode. The Alerta Aqua Tilt-In-Space Hi-Lo Shower Commode Chair offers a gas spring-controlled seat angle adjustment for active and passive seating.
- March 2024: The National Institute of Speech and Hearing (NISH) unveiled five new assistive technology products, including ergonomic chairs for the differently abled population in Kerala.
- March 2024: IIT-Madras developed an electric standing wheelchair. The customized, indigenous electric standing wheelchair allows users to go from a sitting position to standing.
Specialty Medical Chairs Market Report Scope:
Report Features |
Details |
Base Year of the Analysis |
2023 |
Historical Period |
2018-2023 |
Forecast Period |
2024-2032 |
Units |
US$ Billion |
Scope of the Report |
Exploration of Historical Trends and Market Outlook, Industry Catalysts and Challenges, Segment-Wise Historical and Predictive Market Assessment:
|
Products Covered |
Examination, Treatment, Rehabilitation |
End Users Covered |
Hospitals and Clinics, Ambulatory Surgical Centers, Others |
Regions Covered |
Asia Pacific, Europe, North America, Latin America, Middle East and Africa |
Countries Covered |
United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico |
Companies Covered |
ActiveAid, A-dec Inc., DENTALEZ Inc., Dentsply Sirona, Fresenius Medical Care AG & Co. KGaA, Hill Laboratories Company, KaVo Dental GmbH (Danaher Corporation), Midmark Corporation, PLANMECA OY, Rehab Medical Inc., Topcon Corporation, etc. |
Customization Scope |
10% Free Customization |
Report Price and Purchase Option |
Single User License: US$ 3899
Five User License: US$ 4899
Corporate License: US$ 5899 |
Post-Sale Analyst Support |
10-12 Weeks |
Delivery Format |
PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
Key Benefits for Stakeholders:
- IMARC's report offers a comprehensive quantitative analysis of various market segments, historical and current market trends, market forecasts, and dynamics of the specialty medical chairs market from 2018-2032.
- The research study provides the latest information on the market drivers, challenges, and opportunities in the global specialty medical chairs market.
- The study maps the leading, as well as the fastest-growing, regional markets. It further enables stakeholders to identify the key country-level markets within each region.
- Porter's five forces analysis assists stakeholders in assessing the impact of new entrants, competitive rivalry, supplier power, buyer power, and the threat of substitution. It helps stakeholders to analyze the level of competition within the specialty medical chairs industry and its attractiveness.
- The competitive landscape allows stakeholders to understand their competitive environment and provides insight into the current positions of key players in the market.