Specialty Medical Chairs Market Outlook 2031
The global specialty medical chairs market size was around USD 4.33 billion in 2022 and is projected to reach USD 8.80 billion by 2031, expanding at a compound annual growth rate (CAGR) of 8.2% during the forecast period, 2023 – 2031. The market growth is attributed to the rising geriatric population and the introduction of fully automated and technologically advanced chairs.
Specialty medical chairs are key medical equipment used for rehabilitation, examination, and treatment across medical departments. The use of specialty chairs enhances the mobility, comfort, and convenience for surgeons to gain views of patients and their health conditions at the appropriate posture or angles during treatment or operation.
Doctors use these chairs most conveniently in their specific areas of healthcare as per specific needs for the treatment. These gadgets can either be manually operated or powered by batteries. They are utilized in ambulatory surgical centers, hospitals, clinics, and a variety of other contexts. Several examples of specialist medical chairs include rehabilitation chairs, treatment chairs, and examination chairs.
A birthing chair is a tool that aids a woman in maintaining a physiologically upright posture while giving birth. A particular kind of medical chair called a cardiac chair aids patients in recovering from heart surgery and respiratory ailments more quickly. The blood drawing chair is used to take blood samples for a number of medical purposes.
COVID-19 Impact
The COVID-19 pandemic affected the demand and supply of the global specialty medical chairs market. Lockdown across the globe, supply chain disorder, and oscillating supply of raw materials forced manufacturers to shut down their production units, leading to an unfortunate decline in the overall revenue of the market. The launch of COVID-19 vaccines to combat the pandemic is expected to contribute to market growth during the forecast period.
Specialty Medical Chairs Market Dynamics
The global specialty medical chairs market report provides a detailed analysis by focusing on revenue growth, facts, figures, and historical data to determine major drivers, existing restraints, key opportunities, and competitive analysis. The research report includes recent developments that can shape the overall performance of the market during the assessment period, 2023 to 2031.
Major Drivers:
Increasing the geriatric population to fuel the market
An aging population that is more likely to experience mobility problems is a major factor for market growth. Increased mobility-related concerns in the older population are estimated to fuel market growth along with rising rates of knee injuries, paralysis, strokes, neurological illnesses, and lifestyle-associated disorders. Technological advancements have been made in the development of intelligent prototypes for medical chairs in the past few years.
For instance, patient chairs are evolving into reclining patient chairs, convertible patient chairs, chairs specifically designed for medical operations such as X-rays, and dental chairs designed for dental clinic procedures. There is a wide range of customers for specialty medical chairs, including academic and research institutions, hospitals, and others.
Existing Restraints:
High cost of the product is anticipated to hinder the market growth
High cost of manufacturing specialty medical chairs is expected to restrict the market growth. Many institutions in low- and middle-income economies are unable to maintain electric medical chairs due to their high cost. The availability of affordable and low-maintenance options is estimated to hinder market growth. Moreover, product recalls and technical glitches are anticipated to hamper the market growth.
Key Opportunities:
Increasing adoption of technologically advanced products is estimated to create lucrative growth opportunities
The use of electric wheelchairs is being influenced by the rising popularity of smart devices, wearable technology, and products that use machine learning and artificial intelligence. The sales are also likely to be boosted by an increasing emphasis on sensor research & development and the Internet of Things. The growing interest in software and models from the robotics industry for a range of mobility-related issues is estimated to create immense growth opportunities.
Scope of the Specialty Medical Chairs Market Report
The global specialty medical chairs market research report includes an assessment of the market trends, segments, and regional markets. Overview and dynamics have also been included in the report.
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Attributes
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Details
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Report Title
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Specialty Medical Chairs Market - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast
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Base Year
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2022
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Historic Data
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2016–2021
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Forecast Period
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2023 – 2031
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Segmentation
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Product (Rehabilitation chairs [Geriatric, Bariatric, Pediatric, and Others], Treatment chairs [Dental, ENT, Ophthalmic, and Others], Examination chairs [Mammography, Dialysis, Blood Drawing, Cardiac, and Birthing]) and End-User (Clinics, Hospitals, and Others)
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Regional Scope
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Asia Pacific, North America, Latin America, Europe, and Middle East & Africa
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Report Coverage
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Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, Market Trends, and Revenue Forecast
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Key Players Covered in the Report
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ActiveAid, Inc.; A-dec, Inc.; Danaher (KaVo Dental GmbH); DentalEZ, Inc.; Dentsply Sirona; Forest Dental Products Inc.; Fresenius Medical Care AG & Co. KGaA; Hill Laboratories Company; Invacare Corporation; KaVo Dental GmbH; Midmark Corp.; Planmeca Oy; Rehab Seating Systems Inc.; and Topcon medical systems.
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Specialty Medical Chairs Market Segment Insights
The rehabilitation chairs segment accounted for a major market share in 2021
Based on product, the global market is segregated into rehabilitation chairs, treatment chairs, and examination chairs. The rehabilitation segment is further divided into geriatric, bariatric, pediatric, and others. The treatment segment is sub-fragmented into dental, ENT, ophthalmic, and others, The examination segment is sub-segregated into mammography, dialysis, blood drawing, cardiac, and birthing.
The rehabilitation chairs segment accounted for a major market share of around 40% during the forecast period. Pediatric chairs are used for several purposes such as mobility, positioning, and bathing. The bariatric and geriatric chairs can perform similar tasks, with the possible exception that these chairs may have a higher weight carrying capacity.
The growth of the segment is attributed to the increasing geriatric population, growing cases of paralysis, and spinal cord injuries. The examination segment is estimated to expand at a high CAGR during the forecast period. The dialysis sub-segment accounted for a key market share in 2021 owing to the rising incidence of chronic kidney diseases.
The demand for dialysis chairs is estimated to be driven by ongoing technological developments, such as increased weight capacity and reduction in the time needed to achieve the Trendelenburg position, allowing the segment to maintain its leadership position during the forecast period.
The treatment chair segment is projected to expand at a CAGR of around 8.5% during the forecast period. They are a crucial component for any type of treatment, including surgery. The main advantage of using these items is that they assist patients in finding a comfortable position, which enables doctors to examine different sections of the patient's body without restriction. This technology improves patient comfort and provides safety for both patients and caregivers.
The hospital segment to expand at a rapid pace in the coming years
On the basis of end-user, the global specialty medical chair market is fragmented into clinics, hospitals, and others. The hospital segment was valued at around USD 2 billion in 2021 and is projected to expand at a CAGR of 6.5% during the forecast period. The availability of specialized equipment for operations involving the treatment of a disease-related indication, which supports superior clinical outcomes, propels growth.
North America dominated the market in 2021
In terms of regions, the market is classified as Asia Pacific, North America, Latin America, Europe, and Middle East & Africa. North America dominated the market in 2021. The growth of the segment is attributed to the rising elderly population and favorable reimbursement policies in the region. Increasing lifestyle-related disorders is expected to boost the market.
The demand for the product is also being driven by the increasing number of ENT, dental, and ophthalmology clinics in the United States and Canada. Additionally, the growth of markets is due to the advanced healthcare infrastructure, high levels of disposable income, and the existence of key market players.
The market in Asia Pacific is estimated to grow at a substantial rate during the projected period due to the growing elderly population, this implies significant socioeconomic stress on the region. Rising public awareness about several medical conditions, well-established research & development infrastructure and growing disposable income are the key factors boosting the market.
Segments
The global specialty medical chairs market has been segmented on the basis of
Product
- Rehabilitation Chairs
- Geriatric
- Bariatric
- Pediatric
- Others
- Treatment Chairs
- Dental
- ENT
- Ophthalmic
- Others
- Examination Chairs
- Mammography
- Dialysis
- Blood Drawing
- Cardiac
- Birthing
End-User
Regions
- Asia Pacific
- North America
- Latin America
- Europe
- Middle East & Africa
Key Companies
- ActiveAid, Inc.
- A-dec, Inc.
- Danaher (KaVo Dental GmbH)
- DentalEZ, Inc.
- Dentsply Sirona
- Forest Dental Products Inc.
- Fresenius Medical Care AG & Co. KGaA
- Hill Laboratories Company
- Invacare Corporation
- KaVo Dental GmbH
- Midmark Corp.
- Planmeca Oy
- Rehab Seating Systems Inc.
- Topcon medical systems
Competitive Landscape
Key players competing in the specialty medical chairs market include ActiveAid, Inc.; A-dec, Inc.; Danaher (KaVo Dental GmbH); DentalEZ, Inc.; Dentsply Sirona; Forest Dental Products Inc.; Fresenius Medical Care AG & Co. KGaA; Hill Laboratories Company; Invacare Corporation; KaVo Dental GmbH; Midmark Corp.; Planmeca Oy; Rehab Seating Systems Inc.; and Topcon medical systems.
Some of these players are using several market strategies such as acquisitions, mergers, collaborations, partnerships, capacity expansion, and product launches to enhance their market shares, generate revenue, and raise their production line of the business in the coming years.
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