Specialty Medical Chairs Market Segments and Forecast from 2022-28 | by A-dec Inc, Topcon Corp, Midmark Corp

New Jersey, United States - Analysis of Specialty Medical Chairs Market 2022 to 2028, Size, Share, and Trends by Type, Component, Application, Opportunities, Growth Rate, and Regional Forecast

The size of the specialised medical chairs market in the world was estimated at USD 3.92 billion in 2021 and is anticipated to increase at a CAGR of 8.0% over the course of the forecast period. As the number of senior people increases, there will likely be a greater demand for specialised medical chairs. The target market's expanding population will increase product demand. Furthermore, it is projected that the advent of technologically advanced, completely automated specialised medical chairs would provide the market with lucrative expansion potential.

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Around the world, the COVID-19 pandemic had an impact on many different businesses. The supply chain for speciality specialised medical chairs has been affected by demands for at-home care, transit restrictions, and a labour shortage. The Federal Food, Drug, and Cosmetic Act (FD&C Act) gained Section 506J in 2020 as a result of the CARES Act (Coronavirus Aid, Relief, and Economic Security Act), which gave the FDA the authority to stop or lessen the effects of medical device supply chain disruptions during public health emergencies like the COVID-19 pandemic. To fulfil the various demands of patients and physicians, major firms are providing products that are specifically tailored. During the forecast period, this is also expected to drive the market for specialised medical chairs. On a broad scale, favourable reimbursement policies and evolving regulatory frameworks are anticipated to drive market expansion.

The primary element fueling demand for specialised medical chairs is the rise in gynecologic disease prevalence among females. The CDC estimates that 20 million Americans between the ages of 14 and 49 had bacterial vaginosis in 2019. Additionally, the market for specialised medical chairs is anticipated to grow during the projected period due to the demand for gynecologic examination specialised medical chairs for the examination of pregnant women. The COVID-19 pandemic originally had an impact on the market for transport chairs due to a lack of medical equipment. In hospitals and healthcare facilities, the need for transport specialised medical chairs and other mobility equipment has grown along with the patient population.

Segmentation

40.4% of the market was occupied by the sector of rehabilitation chairs in 2021. Rehabilitation chairs include bariatric, geriatric, and paediatric models. Pediatric chairs are amongst those used for bathing, positioning, and movement. The bariatric and geriatric chairs can be used for familiar tasks, although their weight and carrying capacities may be larger. The segment is expected to be driven over the forecast period by the expanding geriatric population, rising paralysis and spinal injury cases, and other factors.

According to the WHO, surveys done in Africa in 2018 found that between 62.5% and 82.5% of individuals in need of rehabilitation services do not obtain them. This is projected to increase their demand and lead to an increase in the use of rehabilitation services and chairs.

Due mostly to the rise in the prevalence of chronic kidney illnesses, dialysis chairs held the greatest share in the examination product segment in 2021. The demand for dialysis chairs is likely to be stimulated by ongoing technological developments, such as increased weight capacity and a reduction in the time needed to achieve the Trendelenburg position, allowing the segment to maintain its leadership position over the course of the forecast period.

During the projected period, it is anticipated that the treatment chairs market would grow at a profitable rate of 8.4%. They are an essential component of any type of medical procedure, including surgery. The main advantage of using these goods is that they assist patients in finding a comfortable posture that allows doctors unlimited access to various body areas. This equipment improves patient comfort and boosts safety for both caregivers and patients. Therefore, enhancing the benefits of treatment chairs is anticipated to promote market expansion.

Regional analysis

In 2021, North America dominated the market with a share of approximately 44%. This development can be attributed to two factors: an expanding elderly demographic base and a favourable reimbursement environment. During the given period, it is anticipated that the regional market would be driven by the increasing frequency of illnesses linked to lifestyle.

Due to the rising geriatric population, which signals are significant socioeconomic burden in this region, Asia Pacific is expected to be the fastest expanding regional market throughout the projection period. The presence of a strong R&D infrastructure, rising disposable income, better medical access, and rising public awareness of various medical diseases are some of the key drivers of market expansion.

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Key Players

A-dec, Inc.
Topcon Corp.
Midmark Corp.
Dentsply Sirona
ActiveAid, Inc.
DentalEZ, Inc.
Planmeca Oy
Hill Laboratories Company

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