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Global Stretcher Chairs Market projected to be valued around US$ 250 Mn in 2023 and expected to grow at XX% Compound Annual Growth Rate (CAGR) over 2018 to 2024
Stretcher Chairs Market
Global stretcher chairs market projected to be valued around US$ 250 Mn in 2023 and expected to grow at XX% Compound Annual Growth Rate (CAGR) over 2018 to 2024
Market Outline: Global Stretcher Chairs Market
Stretcher chairs are the chairs that help in the transport and treatment, performing multiple functions to improve the patient care, mobility, and comfort. Stretcher chairs are used in surgery centers and small spaces for safe transport of patients. These are available in electric and pneumatic models and positioned into full extended horizontal positions or infinite amount of recliner positions.
Market Dynamics: Global Stretcher Chairs Market
Increase in the number of geriatric population and persons with disabilities is the key driver for the growth of global stretcher chairs market. Moreover, technological advancements in stretcher chairs that can be made easy to the transportation of patients in places like stairs and corridors, development in the economic growth in urban areas, and penetration of e-commerce around the globe are anticipated to fuel the stretcher chairs market over the forecast years. However, high cost of the technologically advanced stretcher chairs is a major restraint for the stretcher chairs market growth.
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Market Scope: Global Stretcher Chairs Market
Global stretcher chairs market is segmented based on chair type, technology, and end user
Based on the chair type, the market is segmented into the following:
• General Stretcher Chairs
• Specialty Stretcher Chairs
Based on the technology, the market is segmented into the following:
• Powered Stretcher Chairs
• Non-powered Stretcher Chairs
Based on the end user, the market is segmented into the following:
• Hospitals
• Clinics
• Ambulatory Surgical centers
• Others
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Regional Analysis: Global Stretcher Chairs Market
Geographically, global stretcher chairs market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East and Africa. North America stretcher chairs market growth driven by innovation of technologically advanced stretcher chairs and development in healthcare infrastructure are expected to fuel the market. Europe stretcher chairs market has a lucrative growth opportunities, which is attributed to modernization of healthcare infrastructure, increase in the number of hospitals and surgical centers, high buying capabilities of the stake holders of developed countries such as U.K, and Germany are expected to boost the market over the forecast years. However, Asia Pacific stretcher chairs market has a prominent share owing to increase in the geriatric population majorly in India, China, and Japan, rise in number of accidents leads to increase in the disabled persons, and adoption of modern medical devices are anticipated to upsurge the revenue of market.
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Competition Assessment: Global Stretcher Chairs Market
Some of the players in the global stretcher chairs market include:
• Stryker Corporation (U.S.)
• AMTAI Medical Equipment, Inc.(U.S.)
• Span-America Medical Systems (U.S.)
• Elekta AB (Sweden)
• Getinge AB (Sweden)
• Steris Corporation (U.S.)
• Skytron (U.S.)
• Hill-Rom, Inc. (U.S.)
• Midmark Corporation (U.S.)
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