Specialty Medical Chairs Market: Elderly Population Is Expected To Grow By 22% Every Five Years In East Asia

 Specialty Medical Chairs Industry Overview

The global specialty medical chairs market size was valued at USD 3.92 billion in 2021 and is expected to expand at a compound annual growth rate (CAGR) of 8.0% during the forecast period. The demand for specialty medical chairs is expected to rise as the elderly population grows. The growing target population will boost the product demand. In addition, the introduction of technologically advanced and fully automated medical chairs is anticipated to serve the market with lucrative growth opportunities.

The COVID-19 pandemic affected various industries across the globe. Stay-at-home mandates, transportation bans, and workforce crunch have disrupted the specialty medical chairs supply chain. In 2020, the CARES Act (Coronavirus Aid, Relief, and Economic Security Act) added Section 506J to the Federal Food, Drug, and Cosmetic Act (FD&C Act), which empowered the FDA to prevent or mitigate negative public health impacts of medical device supply chain disruptions during public health emergencies, such as the COVID-19 pandemic.

Gather more insights about the market drivers, restraints and growth of the Global Specialty Medical Chairs Market

 

Key players are offering customized products to meet the varying needs of patients and clinicians. This is also projected to drive the specialty medical chairs market during the forecast period. On a macro level, supportive reimbursement policies and amending regulatory frameworks are expected to fuel the overall market growth. For instance, according to the Medicare Benefit Policy Manual, Chapter 11, a recliner (an adjustable chair) is covered under the rate that Medicare pays to dialysis clinics.

The increasing incidence of gynecologic diseases in women is the key factor driving the demand for specialty medical chairs market. According to CDC, in 2019, the prevalence of bacterial vaginosis between the age of 14 and 49 was 20 million in the U.S. Moreover, the need for gynecologic examination chairs for examining pregnant women is expected to increase the adoption of examination chairs market during the forecast period.

The COVID-19 pandemic initially has affected the transport chairs market due to an insufficient supply of medical devices. With an increasing number of patients, the demand for transport chairs and other mobility devices increased in hospitals and healthcare centers.

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Specialty Medical Chairs Market Segmentation

Grand View Research has segmented the global specialty medical chairs market based on product, ens-use and region:

Specialty Medical Chairs Product Outlook (Revenue, USD Million, 2018 - 2030)

• Examination
  • Birthing
  • Cardiac
  • Blood Drawing
  • Dialysis
  • Mammography
• Treatment
  • Ophthalmic
  • ENT
  • Dental
  • Others
• Rehabilitation
  • Pediatric
  • Bariatric
  • Geriatric
  • Others

Specialty Medical Chairs End-use Outlook (Revenue, USD Million, 2018 - 2030)

• Hospitals
• Clinics
• Others

Specialty Medical Chairs Regional Outlook (Revenue, USD Million, 2018 - 2030)

• North America
• Europe
• Asia Pacific
• Latin America

• MEA (Middle East & Africa)

 

Market Share Insights:

• May 2021: A-dec Inc. and KaVo announced a new collaboration to deliver premier products and world-class services to dental professionals globally.

 

Key Companies profiled:

Some of the key players in the global specialty medical chairs market are:

• A-dec, Inc.
• ActiveAid, Inc.
• DentalEZ, Inc.
• Fresenius Medical Care AG & Co. KGaA
• Topcon Corp.
• Midmark Corp.
• Danaher (KaVo Dental GmbH)
• Dentsply Sirona
• Planmeca Oy
• Hill Laboratories Company

 

 

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