Chemotherapy chairs Market is expected to reach CAGR of 5.4% during the forecast period 2016-2028 | Top Players BMB Medical, Earthlite Medical, Nanning Passion Medical Equipment, Likamed GmbH, GREINER GmbH

The global chemotherapy chairs market is expected to reach USD 850.9 million by 2028 and anticipated to grow at a CAGR of 5.4% during the forecast period in the chemotherapy chairs Market.

Europe is predicted to foresee a rapid climb within the global chemotherapy chairs market. The market in Europe is predicted to realize momentum during the forecast period, due to high presence of key players within the region like Likamed GmbH, GREINER GmbH, and Bionic Medizintechnik GmbH. These are Germany-based companies, incorporated with advanced technology. Moreover, BMB Medical and Earthlite Medical also are Europe-based companies.

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Chemotherapy chairs are widely used for daycare therapy also outpatient clinic (OPD), of certain drugs to treat solid tumor cancers and hematological (blood) cancers through the systemic delivery of agents that have anti-tumor effects. These chairs are known for his or her comfort and utilized in hospitals, cancer care centers, and other specialty centers. The technological advancements in chemotherapy chairs, rising its use in cancer care centers.

The Chemotherapy Chairs report provides detailed information regarding the industrial base, productivity, strengths, manufacturers, and recent trends which will help companies enlarge the businesses and promote financial growth. Furthermore, the report exhibits dynamic factors including segments, sub-segments, regional marketplaces, competition, dominant key players, and market forecasts. In addition, the Chemotherapy Chairs report includes recent collaborations, mergers, acquisitions, and partnerships along with regulatory framework across different regions impacting the market trajectory. Recent technological advances and innovations influencing the Chemotherapy Chairs market are included in the report.

The factors that propel the growth of the chemotherapy chairs market are is an increasing prevalence of cancer across the world. Consistent with the National Center for Health Statistics, in 2019, 1,762,450 new cancer cases and 606,880 cancer deaths are projected to occur within the US. Also, the variability long of treatment maximized resource utilization and increased chemotherapy chair demand is predicted to fire up the market growth. However, lack of technology, limited access to healthcare infrastructure, and lack of skilled healthcare professionals to guide through the chemotherapy procedure are some key factors hampering the market growth.

Company profiled in this report based on Business overview, Financial data, Product landscape, Strategic outlook & SWOT analysis:

1. BMB Medical
2. Earthlite Medical
3. Nanning Passion Medical Equipment
4. Likamed GmbH
5. GREINER GmbH
6. Bionic Medizintechnik GmbH
7. Paramount Bed Co. Ltd.

This report also includes the profiles of key chemotherapy chairs market companies along with their SWOT analysis and market strategies. In addition, these competitive landscapes provide a detailed description of each company including future capacities, key mergers & acquisitions, financial overview, partnerships, collaborations, new product launch, new product developments, and other latest industrial developments.

Key Factors Impacting the Growth of Chemotherapy Chairs Market:

Increasing installations of chemotherapy chairs in various cancer care centers.
The advancements in chemotherapy chairs

Key Developments in Chemotherapy Chairs Market:

In April 2019, The Calvary Mater Newcastle Day Treatment Centre announced to provide their patients with more comfort with the procurement of two new chemotherapy treatment chairs.
In February 2019, Oncology Services at Maine General announced that the Augusta Country Club Women's Golf Association (ACCWGA), whose community fundraising campaign that raised USD 115,367 to purchase 23 new chairs with heat and massage features. The chairs were delivered and installed at the Cancer treatment center.

Based on type, the market is segmented into electric, hydraulic, and manual. The hydraulic segment is going to dominate the market owing to the investment from the leading players. The pediatric population segment is expected to dominate the market in 2018 and expected to dominate the market during the forecast period. The hospital's segment are expected to grow at the highest CAGR during the forecast period owing to an increase in investment from the healthcare industries.

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North America is predicted to carry a dominant market position within the global chemotherapy chairs market during the forecast period, due to increasing incidences of childhood cancer. For instance, consistent with the National Cancer Institute (NCI) report of 2018, it's estimated that around 15,590 children and adolescents aged 0 to 19 years were diagnosed with cancer and around 1,780 died of the disease within the U.S. in 2018.

Market Segmentation:

Based on the Type:
Electric
Hydraulic
Manual

Based on Demographics:
Pediatric Population
Adult Population

Based on End User:
Hospitals
Specialty Clinics

By Region:

North America
By Country (US, Canada, Mexico)
By Type
By Demographics
By End User

Western Europe
By Country (Germany, UK, France, Italy, Spain, Rest of Western Europe)
By Type
By Demographics
By End User

Eastern Europe
By Country (Russia, Turkey, Rest of Eastern Europe)
By Type
By Demographics
By End User

Asia Pacific
By Country (China, Japan, India, South Korea, Australia, Rest of Asia Pacific)
By Type
By Demographics
By End User

Middle East
By Country (UAE, Saudi Arabia, Qatar, Iran, Rest of Middle East)
By Type
By Demographics
By End User

Rest of the World
By Region (South America, Africa)
By Type
By Demographics
By End User

Reasons to Buy This Report:

Market size estimation of the chemotherapy chairs market on a regional and global basis
Unique research Usage for market size estimation and forecast
Profiling of major companies operating in the market with key developments
Broad scope to cover all the possible segments helping every stakeholder in the market

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This release was published on openPR.