Global Specialty Medical Chairs Market Size, Trends & Analysis - Forecasts to 2026 By Product (Examination Chairs, Treatment Chairs, Rehabilitation Chairs), By Region (North America, Asia Pacific, Europe, Central & South America, Middle East & Africa); End-User Landscape, Company Market Share Analysis, and Competitor Analysis
Specialty Medical Chairs Market Insights
The healthcare industry experienced dramatic shifts in the COVID-19 scenario and is still facing industry-altering changes from AI in medical imaging to rampant production of COVID-19 vaccine. One such area in the healthcare domain is the medical chairs which are an indispensable part of the industry. Specialty medical chairs are designed for the comfort of both patients and medical staff as well.
Medical Chairs as a simple machine has many benefits for the elderly population and the rising growth estimates for the geriatric population will have a positive impact on the market. As per the World Health Organization estimates for 2050, the geriatric population will reach a total of 2 billion.
As the chairs can be both batteries and manually operated, it fits to meet the requirements of all age groups. The use of battery-operated chairs by the elderly population can also reduce the dependence on other people leading to high scale production of it both in hospital as well home care settings. The rising population of the physically disabled will also amp up the production of technologically advanced medical chairs. The healthcare domain is also benefitted from the reimbursement policies with special consideration to the medical equipment. It is proved that recliner chairs if exploited for medical purposes may be eligible for the reimbursement provided with the certificate of the Letter of Medical Necessity. These trends will support the rising market demand for the medical chair in the years to come.
The rising senior citizen centers in India also offers ample opportunities for the manufacturers to innovate the medical chairs as per the needs of the senior citizen.
The rising healthcare expenditure in developed countries, increased number of COVID-19 affected patients in 2020 which creates potential demand for recliner chairs for the years to come.
The rising estimates for the problem of hearing across the globe also puts the limelight on the rising demand for ENT chairs. As the world moves towards rising injuries and accidents that require a blood transfusion, the onset of medical chairs for such purposes will also rise across regions.
Specialty Medical Chairs Market: By Product
Rehabilitation chairs will have a dominating presence in this market as it offers multifold features. These chairs are recommended to be highly used by individuals who have difficulty in mobility or in positioning themselves. The inclination towards the home care settings in the COVID-19 situation, and the preference for rehabilitation chairs will bear positive results for the segment in the future. ProSpec Hospital Chair and Lento Care Chair are considered to be the best chairs for the rehabilitation process. The sub-category, cardiac rehabilitation chairs are widely accepted and used for long term rehabilitation and in acute care space. Such chairs are beneficial for patients with chronic cardiac illness. These chairs are equipped with a table to assist patients in writing or having dinner.
The sub-domain pediatric chairs will see a surge in demand as the pediatric population rises each year.
Treatment Chairs are undergoing improvement to better treat the patients. Treatment Centers are innovating to develop treatment chairs to cater to the patient’s mobility needs. The ProCure Treatment Centers, Inc has an established treatment chair (intra-cranial chair) that caters to the mobility needs of the patients. The chair was used with the cancer patient to help in better treatment and provide maximum comfort. The ophthalmic chairs categorized under treatment chairs has multifold applications. These chairs can be either used for minor or routine practice. The different chairs like the Rechiert’s Stamina Tilt Chairs meet the demand of the eye care professionals and offer durability and high functionality.
The blood drawing chairs have the potential to grow in the future as organizations around the globe calls for increased blood donations. Interestingly, the idea of home births rose and was celebrated in the COVID-19 pandemic as it was safer and more hygienic to deliver the baby. The rise in such interests also gives rise to the potential use of the birthing chairs for the examination chair domain.
Dialysis Chairs top the market share under the examination chair domain due to the rising kidney diseases across the globe. North America tops the chart for the rising chronic kidney diseases with more women countering the CKD.
Specialty Medical Chairs Market: By Region
Europe’s rising funding for the medical goods, growing home care setting industry, and increasing aging population will place the region in the dominating position holding a major chunk of the market. Europe’s manufacturers are innovating with the medical chair to meet the rising demands from the patients. GREINER’s medical chairs are developed to meet both economic and clinical needs.
Asia Pacific growth in the home care setting domain and rising elderly population will enhance the region’s capacity to market the specialty medical chairs. The launch of advanced medical chairs by prestigious universities in India also positively impacts the market demand.
North America’s presence in the market can be showcased through its manufacturer’s supply of cardiac recliners or chairs. American Medical Equipment remains a top player in the field of cardiac stretches or chairs. The region also remains on the frontlines to serve as the biggest industry for medical equipment which positively affects the demand for specialty medical chairs.
Company Market Share and Competitive Analysis
Invacare Corporation, GREINER GmbH, Dentsply Sirona, Reichert Technologies, Paramount Bed Holdings, Danaher, Stryker Corporation, Topcon Corporation, SEERS Medical, Hidemar, BMB Medical, Medi Plinth, Surgitech, Champion Mfg LLC, Malvestio, VELA Medical, Trans Motion Medical Inc, Baseline Bio-Medical Company, Favero Health Projects, V Smart Healthcare Device, Unicorn Denmart ltd, Midmark Corporation, and A-dec, Inc among others are key players in this market.
Please note: This is not an exhaustive list of companies profiled in the report.
In November 2019, IIT Madras partnered up with Phoneix Medical Systems to launch an affordable and technologically advanced wheelchair.
In February 2019, Dentsply Sirona and Exocad entered into a strategic cooperation to increase the digital workflow.
In July 2018, Dentsply Sirona extended its support to the projects concerning tooth preservation in Amazonia.
In May 2020, Invacare Corporation launched a new wheelchair –AVIVA FX which provides maximum safety and comfort.
Check the Press Release on Global Specialty Medical Chairs Market Report
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The Global Specialty Medical Chairs Market has been studied from the year 2019 till 2026. However, the CAGR provided in the report is from the year 2021 to 2026. The research methodology involved three stages: Desk research, Primary research, and Analysis & Output from the entire research process.
The desk research involved a robust background study which meant referring to paid and unpaid databases to understand the market dynamics; mapping contracts from press releases; identifying the key players in the market, studying their product portfolio, competition level, annual reports/SEC filings & investor presentations; and learning the demand and supply side analysis for the Specialty Medical Chairs Market.
The primary research activity included telephonic conversations with more than 50 tier 1 industry consultants, distributors, and end-use product manufacturers.
Finally, based on the above thorough research process, an in-depth analysis was carried out considering the following aspects: market attractiveness, current & future market trends, market share analysis, SWOT analysis of the company and customer analytics.
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