6th September 2019 – Global Specialty
Medical Chairs Market is anticipated to reach 7.65 billion by 2025.
Chairs that are designed for clinical need and provide functionality, comfort
& safety to a patient are referred to as Medical chairs. There are
different types of medical chairs available in the market pertaining to this
type of disorder. It helps patients for improving mobility or in enhancing
comfort during several surgical procedures.
The factors that propel the growth of
the Specialty Medical Chairs Market comprise growing demand, increasing
purchasing power, product development & technological innovations, and rapid
urbanization & industrialization, well-established healthcare
infrastructure & facilities, rise in disorders, an increase in R&D
undertakings. On the other hand, there are factors that may hamper the growth
of the market such as economic stability and a high cost of specialty medical
chairs. The market is anticipated to grow at a significant CAGR of 6.7% in the
upcoming period as the scope, product types, and its applications are
increasing across the globe.
Specialty Medical Chairs may be explored
by product, end user, and geography. Specialty Medical Chairs Market may be
explored by product as Blood Drawing Chairs, Birthing Chairs, Dialysis Chairs,
Dental Chairs, ENT Chairs, Rehabilitation Chairs, Ophthalmic Chairs, and
Others. The "Rehabilitation Specialty Medical Chair" segment
dominated the Specialty Medical Chairs Market in 2016 and anticipated to
maintain its dominance by 2025 owing to the growing aged population and
increasing awareness.
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The market may be explored by end user
as Extended Care Institute, Hospital, and Other. The "Hospital"
segment dominated the Specialty Medical Chairs Market and anticipated to
maintain its dominance in the forthcoming period. Specialty Medical Chairs Market
may be explored by distribution channel as online stores, specialty stores, and
others.
North America accounted for the major
share of the Specialty Medical Chair Market Size in 2016 and will continue to
lead in the forecast period. The factors that could be attributed to the growth
include well-developed reimbursement structure, and increasing aged population,
contributing to the overall revenue in this region. Also, the occurrence of
lifestyle-associated disorders is giving rise to the expansion of the patient
base, eventually raising the adoption rate for these products. North America is
anticipated to reach USD 1.95 billion in 2016. Further, Asia-Pacific is
expected to follow suit in the upcoming period and anticipated to grow at a
CAGR of 7.5%.
Some of the key players that fuel the
growth of the Specialty Medical Chair Market comprise ACTIVEAID, Inc.; A-dec,
Inc.; DentalEZ, Inc.; Topcon Corporation; Fresenius Medical Care AG & Co.
KGaA; Hill Laboratories Company; Midmark Corp.; Dentsply Sirona; PLANMECA OY;
and Danaher (KaVo Dental GmbH). The leading companies are taking up
partnerships, mergers and acquisitions, and joint ventures in order to boost
the inorganic growth of the industry.
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