Global Specialty Medical Chairs Market Analysis
Overview
Medical chairs with specialized features are used for examinations, treatments, and rehabilitation. Specialty medical chairs are tailored to the patient’s medical demands and comfort, as well as to provide clinicians with easier access to their patients. These devices can be either manual or battery-powered. The growing number of patients seeking treatment and evaluation supports the expansion of the global specialty medical chairs market. The global specialty medical chairs market is projected to increase in response to the rising elderly population. According to figures provided by the National Institute on Aging in 2010, 524 million individuals aged 65 and above made up 8% of the global population. By 2050, that number is anticipated to nearly triple to 1.5 billion, accounting for 16% of the global population.
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The global specialty medical chairs market is projected to increase due to technological advancements in specialty medical chairs. Dentsply Sirona, Inc. focuses on new product development, upgrading existing goods, and incorporating modern technologies into products. Dentsply Sirona, Inc. spent $128.5 million on product development in 2016. Furthermore, the rising incidence of chronic diseases is projected to propel the specialty chair market forward. According to the Centers for Disease Control and Prevention, 11.7 percent of people in the U.S. were diagnosed with heart disease in 2016, resulting in increased demand for cardiac chairs.
The global specialty medical chairs market is anticipated to reach $5,086.1 million in 2018 and grow at a healthy CAGR of 6.2 percent over the forecast period (2017-2026).
Drivers
The need for specialty medical chairs such as maternity chairs, dialysis chairs, and rehabilitative chairs is rising as the number of hospitals and clinics grows. This, in turn, has a beneficial influence on the global specialty medical chair market’s growth. According to an annual assessment on hospitals in the U.S. conducted by the AHA (American Hospital Association), there were 5,534 hospitals registered in the United States in 2017. The number of hospitals in India grew from 4,571 in 2000 to 11,993 in 2011, as per the Central Bureau of Health Intelligence. The global specialty medical chairs market is growing as the government allocates more funds to growing the healthcare industry. In addition to the 132 hospitals and healthcare institutions in Saudi Arabia, the government spent US$ 28.8 billion on health and social welfare in 2014. This included financing for 2 medical complexes, 11 new hospitals, and 11 medical facilities.
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During the forecast period, an increase in the incidence of disability owing to various reasons such as an increase in the frequency of occupational injuries, meningitis, traffic accidents, and spinal cord injuries is projected to boost demand for wheelchairs. According to the World Health Organization, about 10% of the world’s handicapped population need specialized medical chairs for their everyday tasks and physical activity.
According to the CDC (Centers for Disease Control and Prevention), approximately 53 million individuals in the United States were disabled in 2013. Additionally, according to the CDC, the most prevalent form of impairment discovered was mobility disability, which accounted for around 1 in every 8 people among all handicapped cases in 2015. Furthermore, according to the CDC, about 39.6 million individuals aged 18 and above in the U.S. have some form of physical functional impairment, and this figure is anticipated to rise throughout the forecast period. As per the CDA (Council for Disability Awareness), one out of every four children under the age of 20 in the U.S. will be incapacitated when they retire in 2013, owing to a variety of causes including obesity and chronic illnesses such as back pain, diabetes, and high blood pressure.
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Competitive Landscape
Major companies contributing in the global specialty medical chairs market are DentalEZ, Inc, ACTIVEAID, Inc, Fresenius Kabi AG, Danaher Corporation, Dentsply Sirona, Hill Laboratories Company, PLANMECA OY, A-DEC, Inc, Midmark Corp., and Topcon Medical Systems.
Table of Contents
- Research Objective and Assumption
- Research Objectives
- Assumptions
- Abbreviations
- Market Overview
- Report Description
- Market Definition and Scope
- Executive Summary
- Market Snippet, By Product Type
- Market Snippet, By Region
- Coherent Opportunity Map (COM)
- Report Description
- Market Dynamics, Regulations, and Trends Analysis
- Market Dynamics
- Drivers
- Restraints
- Market Opportunities
- Epidemiology
- PORTER’s Analysis
- Market Dynamics
- Global Specialty Medical Chairs Market, By Product Type, 2016–2026, (US$ Million)
- Introduction
- Market Share Analysis, 2018 and 2026 (%)
- Y-o-Y Growth Analysis, 2016–2026
- Segment Trends
- Examination Chair
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2016–2026, (US$ Million)
- Birthing Chairs
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2016–2026, (US$ Million)
- Cardiac Chairs
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2016–2026, (US$ Million)
- Blood Drawing Chairs
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2016–2026, (US$ Million)
- Dialysis Chairs
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2016–2026, (US$ Million)
- Mammography Chairs
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2016–2026, (US$ Million)
- Birthing Chairs
- Treatment Chairs
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2016–2026, (US$ Million)
- Ophthalmic Chairs
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2016–2026, (US$ Million)
- ENT Chairs
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2016–2026, (US$ Million)
- Dental Chairs
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2016–2026, (US$ Million)
- Ophthalmic Chairs
- Rehabilitation Chairs
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2016–2026, (US$ Million)
- Introduction
- Global Specialty Medical Chairs Market, By Region, 2016–2026, (US$ Million)
- Introduction
- Market Share Analysis, By Region, 2018 and 2026 (%)
- Y-o-Y Growth Analysis, By Region, 2016–2026
- Regional Trends
- North America
- Market Size and Forecast, By Product Type, 2016–2026, (US$ Million)
- Market Size and Forecast, By Countries, 2016–2026, (US$ Million)
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- U.S.
- Canada
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- Europe
- Market Size and Forecast, By Product Type, 2016–2026, (US$ Million)
- Market Size and Forecast, By Countries, 2016–2026, (US$ Million)
- U.K.
- Germany
- Italy
- France
- Spain
- Russia
- Rest of Europe
- Latin America
- Market Size and Forecast, By Product Type, 2016–2026, (US$ Million)
- Market Size and Forecast, By Countries, 2016–2026, (US$ Million)
- Brazil
- Mexico
- Argentina
- Rest of Latin America
- Asia Pacific
- Market Size and Forecast, By Product Type, 2016–2026, (US$ Million)
- Market Size and Forecast, By Countries, 2016–2026, (US$ Million)
- China
- India
- Japan
- Australia
- ASEAN
- South Korea
- Rest of Asia Pacific
- Middle East
- Market Size and Forecast, By Product Type, 2016–2026, (US$ Million)
- Market Size and Forecast, By Countries, 2016–2026, (US$ Million)
- GCC
- Israel
- Rest of Middle East
- Africa
- Market Size and Forecast, By Product Type, 2016–2026, (US$ Million)
- Market Size and Forecast, By Countries, 2016–2026, (US$ Million)
- North Africa
- Central Africa
- South Africa
- Introduction
- Competitive Landscape
- Company Profiles
- Analyst Views
- Section
- References
- Research Methodology
- About Us and Sales Contact
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