Specialty Medical Chairs Market can revolutionize healthcare Industry. Here’s how to unlock its potential

Specialized medical chairs can be used for exams, treatments or rehabilitation. These are designed to allow doctor’s access to their patients while meeting the comfort and medical needs of the patient. These devices can be powered manually or through the use of batteries.

Exam chairs, such as those used for childbirth, cardiac procedures, blood draws, dialysis, mammograms, and other procedures, are some examples of frequently used specialized medical chairs. Therapy chair and rehabilitation chair are other types of chairs. Geriatric, pediatric, bariatric, bath, and other chairs are examples of rehabilitation chairs. They will also help with the collection of blood samples, which will aid in the diagnosis of various diseases. For example, a delivery chair helps women maintain a physically upright position during delivery.

According to the report, the global specialty medical chairs industry generated $4.1 billion in 2021, and is estimated to reach $7.9 billion by 2031, manifesting a CAGR of 6.8% from 2022 to 2031.

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• CAGR: 6.8%
• Current Market Size: USD 7.9 Billion
• Forecast Growing Region: APAC
• Largest Market: North America
• Projection Time: 2021 – 2030
• Base Year: 2021

(𝐈𝐧 𝐭𝐨𝐝𝐚𝐲’𝐬 𝐜𝐨𝐦𝐩𝐞𝐭𝐢𝐭𝐢𝐯𝐞 𝐦𝐚𝐫𝐤𝐞𝐭, 𝐢𝐧𝐝𝐮𝐬𝐭𝐫𝐲 𝐚𝐧𝐚𝐥𝐲𝐬𝐢𝐬 𝐢𝐬 𝐚 𝐜𝐫𝐢𝐭𝐢𝐜𝐚𝐥 𝐬𝐭𝐞𝐩 𝐢𝐧 𝐢𝐝𝐞𝐧𝐭𝐢𝐟𝐲𝐢𝐧𝐠 𝐭𝐡𝐞 𝐜𝐨𝐫𝐫𝐞𝐜𝐭 𝐭𝐚𝐫𝐠𝐞𝐭 𝐜𝐨𝐧𝐬𝐮𝐦𝐞𝐫𝐬 𝐚𝐧𝐝 𝐩𝐫𝐨𝐯𝐢𝐝𝐢𝐧𝐠 𝐜𝐮𝐬𝐭𝐨𝐦𝐢𝐬𝐞𝐝 𝐬𝐨𝐥𝐮𝐭𝐢𝐨𝐧𝐬 𝐟𝐨𝐫 𝐭𝐡𝐞𝐢𝐫 𝐛𝐮𝐬𝐢𝐧𝐞𝐬𝐬 𝐧𝐞𝐞𝐝𝐬. 𝐖𝐡𝐢𝐥𝐞 𝐟𝐨𝐫𝐦𝐮𝐥𝐚𝐭𝐢𝐧𝐠 𝐭𝐡𝐞𝐬𝐞 𝐬𝐨𝐥𝐮𝐭𝐢𝐨𝐧𝐬, 𝐞𝐯𝐞𝐫𝐲 𝐟𝐚𝐜𝐞𝐭 𝐚𝐧𝐝 𝐬𝐩𝐞𝐜𝐢𝐟𝐢𝐜 𝐩𝐫𝐨𝐛𝐥𝐞𝐦 𝐩𝐫𝐞𝐬𝐞𝐧𝐭𝐞𝐝 𝐛𝐲 𝐭𝐡𝐞 𝐩𝐚𝐫𝐭𝐢𝐜𝐮𝐥𝐚𝐫 𝐬𝐞𝐜𝐭𝐨𝐫 𝐢𝐬 𝐭𝐡𝐨𝐫𝐨𝐮𝐠𝐡𝐥𝐲 𝐜𝐨𝐧𝐬𝐢𝐝𝐞𝐫𝐞𝐝. 𝐈𝐭 𝐚𝐥𝐬𝐨 𝐜𝐨𝐧𝐬𝐢𝐝𝐞𝐫𝐬 𝐧𝐮𝐦𝐞𝐫𝐨𝐮𝐬 𝐠𝐨𝐯𝐞𝐫𝐧𝐦𝐞𝐧𝐭 𝐫𝐞𝐟𝐨𝐫𝐦𝐬, 𝐭𝐡𝐞 𝐜𝐨𝐦𝐩𝐞𝐭𝐢𝐭𝐢𝐯𝐞 𝐞𝐧𝐯𝐢𝐫𝐨𝐧𝐦𝐞𝐧𝐭, 𝐜𝐮𝐬𝐭𝐨𝐦𝐞𝐫 𝐛𝐞𝐡𝐚𝐯𝐢𝐨𝐮𝐫, 𝐜𝐮𝐫𝐫𝐞𝐧𝐭 𝐚𝐧𝐝 𝐟𝐮𝐭𝐮𝐫𝐞 𝐛𝐮𝐬𝐢𝐧𝐞𝐬𝐬 𝐬𝐭𝐫𝐚𝐭𝐞𝐠𝐢𝐞𝐬, 𝐚𝐧𝐝 𝐫𝐚𝐩𝐢𝐝𝐥𝐲 𝐜𝐡𝐚𝐧𝐠𝐢𝐧𝐠 𝐭𝐞𝐜𝐡𝐧𝐢𝐜𝐚𝐥 𝐛𝐫𝐞𝐚𝐤𝐭𝐡𝐫𝐨𝐮𝐠𝐡𝐬. 𝐈𝐧𝐝𝐮𝐬𝐭𝐫𝐲 𝐚𝐧𝐚𝐥𝐲𝐬𝐢𝐬 𝐚𝐢𝐝𝐬 𝐢𝐧 𝐭𝐡𝐞 𝐟𝐨𝐫𝐦𝐮𝐥𝐚𝐭𝐢𝐨𝐧 𝐨𝐟 𝐛𝐮𝐬𝐢𝐧𝐞𝐬𝐬 𝐩𝐥𝐚𝐧𝐬 𝐚𝐧𝐝 𝐩𝐨𝐥𝐢𝐜𝐢𝐞𝐬.)

 

Prime determinants of growth

Rising prevalence of chronic diseases, increased R & D investment by pharmaceutical companies, and increased surgical procedures for ophthalmic, dental, and ear, nose, and throat disorders are driving growth of the global market for specialty medical chairs. However, the high cost of specialized medical chairs makes the market difficult to grow. On the other hand, the growing incidence of gynecological diseases in women and the growing demand for gynecological chairs for examining pregnant women, together with the growing demand in emerging economies, present new opportunities for the coming years.

Covid-19 Scenario

• The Covid-19 pandemic made a negative impact on the revenue of the specialty medical chairs market. This is due to decline in the number of visits to hospitals and clinics for ophthalmic, dental, and ENT purposes to prevent cross-contamination. This, in turn, reduced the demand for these chairs.
• For instance, Dentsply Sirona highlighted that the net sales lowered by 7.6% for the first quarter of 2020, owing to low patient volumes and postponement of non-urgent procedures. In terms of revenue, the downfall was observed by several companies in the market. However, the demand is expected to recover post-pandemic.
• Manufacturing activities were hindered due to lockdown restrictions and shortage of raw materials. However, the supply chain is expected to recover post-pandemic and manufacturing will continue with full capacity.

The treatment chair segment to maintain its lead position during the forecast period

Based on product, the treatment chair segment accounted for the highest market share in 2021, contributing to more than two-fifths of the global specialty medical chairs market, and is projected to maintain its lead position during the forecast period. Moreover, this segment is projected to manifest the largest CAGR of 7.3% from 2022 to 2031. This is due to the increase in the prevalence of ophthalmic disorders and the increase in the number of visits to dental clinics. The research also analyzes the segments that include the examination chair and the rehabilitation chair.

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The electric chairs segment to continue its dominant share throughout the forecast period

Depending on the type, the electric chairs segment contributed to the largest market share of 2021, which represents almost three fifths of the world market of specialized medical chairs, and it will be expected that its dominant participation will continue during the entire forecast period. In addition, this segment is estimated to show the highest TCAC than 7.2% from 2022 to 2031. This is attributed to increased demand for high quality power wheelchairs and increased awareness of the use of power wheelchairs and electromechanical systems that have safety precaution settings, such as actuators that lock the chair in place in the event of a sudden loss of power. to prevent accidents. The report also examines the manual chair segment. The hospital segment will continue with its highest contribution during the forecast period

According to End User, the hospital segment accounted for the largest market share in 2021, with nearly half of the global medical specialty chairs market, and is estimated to continue to make its largest contribution during the forecast period. Furthermore, this segment is expected to register the fastest CAGR of 7.6% between 2022 and 2031. This is due to the increasing number of hospitals increasing the demand for specialized medical chairs such as delivery chairs, dialysis chairs, and rehabilitation chairs that meet specific purposes based on their application. The research also examines segments that include clinics and others. North America will maintain its leadership status throughout the forecast period

On a regional basis, North America held the largest market share in 2021, accounting for approximately two-fifths of the global specialty medical chair market, and will maintain its leading status throughout the forecast period. This is attributed to the high adoption of technologically advanced specialist medical chairs, the increase in the number of private clinics and hospitals as healthcare spending increases, and the presence of key players in the market. However, Asia-Pacific is projected to grow at a maximum CAGR of 7.8% from 2022 to 2031, thanks to improved medical infrastructure which has boosted the demand for specialist medical chairs in countries like India.

Leading Market Players

• A-Dec, Inc.
• Craftsmen Contour Equipment Inc.
• Danaher Corporation
• Dentalez, Inc.
• Dentsply Sirona
• Diplomat Dental
• Henry Schein
• Midmark Corporation
• Planmeca OY
• XO Care A/S

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