PUBLISHER: The Business Research Company | PRODUCT CODE: 1426257
PUBLISHER: The Business Research Company | PRODUCT CODE: 1426257
Specialty medical chairs are specialized seating apparatuses crafted for diverse healthcare environments, tailored to meet the specific needs and conditions of patients. These chairs play a pivotal role in healthcare settings, prioritizing patient comfort, safety, and accessibility while supporting medical examinations, treatments, and procedures.
The main types of specialty medical chair products are examination, treatment, and rehabilitation. Various types of technologies involved are electric, mechanical, hydraulic, electro-mechanical, and others, and are used by various end users, including hospitals, clinics, and others.
The specialty medical chairs market research report is one of a series of new reports from The Business Research Company that provides specialty medical chairs market statistics, including specialty medical chairs industry global market size, regional shares, competitors with a specialty medical chairs market share, detailed specialty medical chairs market segments, market trends, and opportunities, and any further data you may need to thrive in the specialty medical chairs industry. This specialty medical chairs market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The specialty medical chairs market size has grown strongly in recent years. It will grow from $4.58 billion in 2023 to $4.88 billion in 2024 at a compound annual growth rate (CAGR) of 6.6%. The growth observed in the historic period can be attributed to several factors including the rising demands from an aging population, an increased prevalence of chronic diseases, the expansion of ambulatory care services, adherence to regulatory standards in healthcare, and a growing emphasis on patient-centric care.
The specialty medical chairs market size is expected to see strongly grown in the next few years. It will grow to $6.07 billion in 2028 at a compound annual growth rate (CAGR) of 5.6%. Anticipated growth in the forecast period is expected to result from increased demand for bariatric solutions, the integration of technology in patient care, the expansion of the home healthcare market, global development in healthcare infrastructure, and a growing awareness of ergonomics. Key trends projected for this period encompass the adoption of height-adjustable and multifunctional chairs, a patient-centric approach, the utilization of sustainable and eco-friendly materials, integration of telehealth services, and collaborations aimed at technological innovations.
The specialty medical chairs market is poised for growth, propelled by the increasing incidence of paralysis cases. Paralysis, marked by the loss of muscle function and voluntary movement in specific body parts or the entire body, necessitates specialized support. Specialty medical chairs offer enhanced comfort, mobility, and independence for individuals grappling with paralysis. Data from the Centers for Disease Control and Prevention revealed a rise in paralytic cases from 111 in 2021 to 127 in 2022. This escalation in paralysis cases directly contributes to the burgeoning demand for specialty medical chairs.
An aging population stands as a pivotal driver in fueling the expansion of the specialty medical chairs market. The demographic shift toward an older population bracket necessitates tailored medical care, especially for the elderly who often grapple with mobility challenges and comfort needs. Specialty medical chairs are adept at addressing these unique requirements. According to a World Health Organization report from October 2022, projections indicate that by 2030, one in six individuals globally will be 60 years or older, and by 2050, the world will house 2.1 billion individuals aged 60 or above. This demographic trend significantly fuels the demand for specialty medical chairs.
Leading companies in the specialty medical chairs market are prioritizing innovation to drive market revenue, focusing on technologically advanced solutions like digitally connected dental chairs and delivery systems. These setups, incorporating digital technologies, elevate the efficiency of dental procedures, enhance patient care, and streamline workflows for dental professionals. A-Dec Inc. unveiled the A-dec 500 Pro and A-dec 300 Pro platforms in June 2023, integrating A-dec+, an updatable software platform, enabling dentists to access new connectivity features for their A-dec equipment. The accompanying mobile or online application, A-dec+, offers a centralized platform empowering practitioners with insights into the connected equipment ecosystem.
Innovation remains a cornerstone for major players in the specialty medical chairs market, with a focus on developing revolutionary solutions like the healthcare furniture tracking program, IOA for Life. This program assigns unique QR codes to each product, aiming to prolong furniture usage and mitigate the need for repairs or disposal. IOA's launch of IOA for Life in November 2022 represents a leap forward in sustainability and customer satisfaction. The QR codes embedded in the furniture products offer repair personnel comprehensive access to crucial details, including manufacturing dates, parts lists, instructional resources, and avenues for ordering replacements or connecting with customer service representatives, all accessible via smartphones or tablets. This comprehensive approach sets a benchmark in industry sustainability, championing longevity and ease in healthcare furniture maintenance.
In May 2021, KaVo Dental Technologies LLC, a US-based provider of dental equipment and solutions, entered into a collaboration with A-dec Inc. This partnership is intended to deliver high-quality products and exceptional service to dental professionals globally. As part of the collaboration, KaVo plans to integrate its electric handpiece solutions with A-dec's delivery systems, enhancing their combined offerings. A-dec Inc., based in the US, specializes in manufacturing specialty medical chairs.
Major companies operating in the specialty medical chairs market report are Paramount Bed Holdings Co. Ltd., Danaher Corporation, Fresenius Medical Care AG & Co. KGaA, Stryker Corporation, Henry Schein Inc., Winco Mfg LLC, MillerKnoll Inc., Dentsply Sirona Inc., Topcon Corporation, Planmeca Oy, Diplomat Dental Ltd., Invacare Corporation, Midmark Corporation, Pride Mobility Products Corporation, A-dec Inc., Nemschoff Inc., Hill Laboratories Company, Champion Mfg LLC, Reichert Technologies Inc., XO CARE A/S, DentalEZ Inc., Malvestio Group Srl, AliMed Inc., Rehab Seating Systems Inc., ActiveAid Inc., Forest Dental Products Inc., BMB Medical LLC, Trans Motion Medical Inc., Hidemar SA, Craftmaster Contour Equipment Inc.
North America was the largest region in the specialty medical chairs market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the specialty medical chairs market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
The countries covered in the specialty medical chairs market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain
The specialty medical chairs market consists of sales of infusion chairs, podiatry chairs, and psychiatric chairs. Values in this market are 'factory gate' values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
Specialty Medical Chairs Global Market Report 2024 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses on specialty medical chairs market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Where is the largest and fastest growing market for specialty medical chairs? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The specialty medical chairs market global report from the Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.