The medical chair market will reach a valuation of more than US $

NEWARK, Del, May 27, 2022 (GLOBE NEWSWIRE) — According to Future Market Insights, the global medical chair market is poised to expand at a CAGR of 6.0%, surpassing a valuation of $7.7 billion US in 2022 to US$13.7 billion by 2032.

The growth of the medical chair market is increasing with the increasing prevalence of physical ailments combined with advancements in control systems. Mobility issues have long been a concern for older people, and embedded robotics have sparked a wave of study into their applications in the home.

As a result, rapid technological advancements in wheelchairs to be marketed in developing countries will drive growth. Electric wheelchairs are widely used in airports, hospitals, theaters, tourist attractions and other public places.

The medical chair market is expected to grow with an increasing need for processing or inspection across the globe. Additionally, an increase in the geriatric population for rehabilitation purposes is aiding the growth of the market.

The increased prevalence of chronic diseases, along with technological developments in the operation and design of medical chairs, are all contributing to the growth of the market. Road traffic accidents, spinal cord injuries, meningitis, and work accidents are all contributing to the boom in the medical chair market.

Smart wheelchairs are growing in popularity because they are a blend of advanced robotics and advanced electronics. Many elderly people who lead solitary lives prefer the use of these electric wheelchairs and their quality of life, in general, has improved. Due to these trends, the market is expected to register a CAGR of 6.0% from 2022 to 2032.

Specialty medical chairs are pieces of medical equipment that help patients gain flexibility or convenience following various surgical operations. These chairs are designed to provide comfort to patients during treatment and to help medical professionals and doctors complete the procedure or any other treatment.

The development of the medical chair market depends on the growing popularity of electric wheelchairs, increasing adoption of motor vehicles, and increasing prevalence of temporary or permanent mobility problems.

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Key insights from market research

Dental chairs hold more than 20.0% market share in 2021 and are expected to show a CAGR growth of 6.0% during the forecast period.

Technology-based, the hydraulic medical chair segment accounted for a demand share of more than 40.7% in 2021. Hydraulic chairs have simpler and easier-to-use controls, and are known for their smooth movement and adaptability to heavy weight.

Hospitals held a higher share in the medical chair market with a value of 21.1% in 2021.

The North America medical chair market is expected to hold a value share of 36.0% by the end of the forecast period owing to the growing geriatric population and increasing cases of paralysis and injuries of the spine in the region.

“With increasing capitalization related to the adoption of electric medical chairs for mobility assistance, the medical chair market is expected to witness robust growth during the forecast period,” says an analyst from Future Market Insights.

Market competition

Recognition, acquisitions, expansion, extensive product development and product launches are the key strategies adopted by manufacturers and integrators to increase the consumer base in different geographies.

· In October 2021, Invacare Corporation announced a sponsorship agreement with Rob Mendez (football coach), a user of the Invacare® Storm Series® Torque™ power wheelchair.

In January 2019, Midmark Corp. announced the launch of two new bariatric chairs for increased patient comfort.

What does the report cover?

Future Market Insights offers a unique perspective and actionable insights into the medical chair market in its latest study, presenting demand assessment from 2017 to 2021 and projections for 2022 to 2032.

The search is based on products- (patient chairs [reclining patient chairs, manual patient chairs, and convertible patient chairs]x-ray chairs, ophthalmology chairs, dental chairs, surgical chairs, exercise and activity chairs and pediatric chairs), by technology (electric medical chair, manual chair and hydraulic medical chair) and by end user (hospitals, centers outpatient surgical facilities, ambulatory care facilities, specialty clinics, long-term care centers, skilled nursing facilities, cancer research institutes and others), in seven key regions of the world.

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Contents

1. Summary

1.1. Global Market Outlook

1.2. Demand Side Trends

1.3. Supply-side trends

1.4. Analysis and recommendations

2. Market Overview

2.1. Market Coverage / Taxonomy

2.2. Market Definition / Scope / Limits

2.3. Inclusions and exclusions

3. Key Market Trends

3.1. Key trends impacting the market

3.2. Product Innovation / Development Trends

4. Key success factors

4.1. Product Adoption/Usage Analysis

4.2. Promotional and marketing strategies

4.3. Regulatory scenario

4.4. PESTEL analysis

4.5. Porter’s analysis

4.6. List of manufacturers

4.7. Specialty Medical Chair Price Analysis

5. Market context

5.1. Macroeconomic factors

5.2. Predictors – Relevance and Impact

5.3. Market dynamics

6. COVID-19 crisis analysis

6.1. COVID-19 and impact analysis

6.2. Market scenario 2021

TOC Continue…

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Future Market Insights (ESOMAR certified market research organization and member of the Greater New York Chamber of Commerce) provides in-depth insights into the driving factors that increase demand in the market. It reveals opportunities that will drive market growth in various segments on the basis of source, application, sales channel, and end-use over the next 10 years.

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