Specialty Medical Chairs Market Size, Share, Competitive Landscape and Trend Analysis Report by Product, by Type, by End User : Global Opportunity Analysis and Industry Forecast, 2021-2031

Specialty Medical Chairs Market Research, 2031

The global Specialty Medical Chairs Market Size was valued at $4.1 billion in 2021, and is projected to reach $7.9 billion by 2031, growing at a CAGR of 6.8% from 2022 to 2031. Specialty medical chairs are medical equipment intended for the purpose of treatment, examination, and rehabilitation. These help an individual by enhancing mobility or by improving comfort during various surgical operations. Specialty medical chairs can be used at the time of examination and treatment of patients in hospitals, clinics, and ambulatory surgical centers. These devices can be manually operated or powered by batteries. These chairs can be used by doctors as per their convenience by guiding them as desired in their respective fields of healthcare, as these chairs help in providing great comfort to the patient throughout the medical procedure.

The key factors that drives the Specialty Medical Chairs Market Growth include a rise in the prevalence of chronic diseases and a surge in the geriatric population for rehab purposes. Moreover, an increase in the adoption of technologically advanced specialty medical chairs, and a surge in investments in R&D by pharmaceutical companies propel the growth of the market. Furthermore, the rise in surgical procedures for ophthalmic, dental and ENT disorder boost the growth of the market. For instance, according to the report published in Healio Journal in February 2021, 10,000 U.S. cataract surgeons performed approximately 4 million procedures, for an average of 400 per year per surgeon. In 2030, a slightly smaller group of surgeons will perform 6 million procedures with an average annual volume of just more than 600 per year. The mean age of the patient undergoing cataract surgery will decline by 5 years, from 73 to 68 years in 2030. Furthermore, an increase in the incidence of gynecologic diseases in women and a rise in demand for gynecologic examination chairs for examining pregnant women are expected to increase the adoption of the examination chair  drives the growth of Specialty Medical Chairs Market Size during the forecast period. 

However, the high cost of specialty medical chairs is the major barrier for the growth of the market. Emerging economies such as India, China, Mexico, and Brazil are anticipated to create new Specialty Medical Chairs Market Opportunity for the key players to provide specialty medical chairs at low cost in developing countries.

The specialty medical chairs market is segmented on the basis of product, type, end user and region. By product the market is segmented into examination chairs, treatment chairs and rehabilitations chairs. By product, the examination chairs are further sub-segmented into cardiac, blood drawing and others. On the basis of treatment chairs, it is further bifurcated into ophthalmic, dental and others. On the basis of rehabilitation chairs the market is sub-segmented into pediatric, geriatric and other.By type, the market is segmented into electric chairs and manual chairs. By end user the market is segmented into hospitals, clinics and others. Region-wise, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

Product Segment review

By product, the Specialty Medical Chairs Market is segmented into treatment chair, examination chair and rehabilitation chair. In 2021, the treatment chair segment accounted for the largest share of the market. The dominance of this segment can be attributed to rise in the prevalence of ophthalmic disorders and the surge in the number of visits to dentist’s clinics.

The examination chair segment is anticipated to grow at a significant rate during the forecast period owing to the benefits provided by examination chairs.

Type Segment Review

By type, the specialty medical chair market is segmented into electric chairs and manual chairs. The electric chair segment exhibited the highest Specialty Medical Chairs Market Share  in 2021, and is anticipated to lead during the forecast period, owing to rise in demand for a high-quality electronic chair as well as rising awareness related to the use of electronic wheelchairs, electromechanical systems that have safety precaution settings such as actuators that lock the chair in place in the event of sudden power loss to prevent accidents.

The manual chair segment is anticipated to grow at a significant rate during the forecast period owing to rise in the prevalence of disability due to various factors such as an increase in the number of road accidents, spinal cord injuries, meningitis, and workplace injuries.

End User Segment Review

By end user, the Specialty Medical Chairs Industry is segmented into hospitals, clinics and others. The hospital's segment exhibited the highest growth in 2021, and is anticipated to lead during the forecast period, owing to an increase in a number of hospitals which surges the demand for specialty medical chairs such as birthing chairs, dialysis chairs, and rehabilitation chairs that serve specific purposes depending on their application.

Region Segment Review

Region wise, the specialty medical chair market is analyzed across North America, Europe, Asia-Pacific, and LAMEA. North America accounted for a majority of the specialty medical chairs market share in 2021 and is anticipated to remain dominant during the forecast period owing to the high adoption of technologically advanced specialty medical chairs, increase in the number of private clinics and hospitals due to rise in the healthcare expenditure and presence of major key players in the country and the strategies they adopt for their product development.

The key players that operate in the Specialty Medical Chairs Industry are A-Dec Inc, Craftsmen Contour Equipment Inc, Danaher Corporation, Dentalez Inc, Dentsply Sirona, Diplomat Dental, Henry Schein, Midmark Corporation, Planmeca OY, XO Care A/S.

Key Benefits For Stakeholders

• This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the specialty medical chairs market analysis from 2021 to 2031 to identify the prevailing specialty medical chairs market opportunities.
• The market research is offered along with information related to key drivers, restraints, and opportunities.
• Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
• In-depth analysis of the specialty medical chairs market segmentation assists to determine the prevailing market opportunities.
• Major countries in each region are mapped according to their revenue contribution to the global market.
• Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
• The report includes the analysis of the regional as well as global specialty medical chairs market trends, key players, market segments, application areas, and market growth strategies.

  Specialty Medical Chairs Market Report Highlights

Aspects	Details
Market Size By 2031	USD 7.9 billion
Growth Rate	CAGR of 6.8%
Forecast period	2021 - 2031
Report Pages	314
By Product	Treatment Chair Type Dental Opthalmic Others Examination Chair Type Cardiac Blood Drawing Other Rehabilation Chair Type Geriatric Pediatric Others
By Type	Electric chairs Manual chairs
By End User	Hospitals Cilincs Others
By Region	North America  (U.S., Canada, Mexico) Europe  (Germany, France, UK, Italy, Spain, Rest Of Europe) Asia-Pacific  (Japan, China, Australia, India, South Korea, Rest Of Asia-Pacific) LAMEA  (Brazil, Saudi Arabia, South Africa, Rest Of LAMEA)
Key Market Players	DENTALEZ, INC, Dentsply Sirona Inc, HENRY SCHEIN, A-DEC INC, XO CARE A/S, MIDMARK CORPORATION, CRAFTMASTER CONTOUR EQUIPMENT INC, DIPLOMAT DENTAL, PLANMECA OY, DANAHER CORPORATION

Analyst Review

This section provides various opinions of top-level CXOs in the specialty medical chair market. According to several interviews conducted, the specialty medical chair market is expected to witness significant growth in the future, owing to an increase in the number of gynecological diseases, a surge in the number of accidents, spinal cord injuries, meningitis, and workplace injuries, and the rise in the geriatric population.

According to the perspectives of CXOs, the specialty medical chair market is expected to witness steady growth in the future. The introduction of technologically advanced and fully automated medical chairs, the rise in the prevalence of disability, and the increase in the number of hospitals and healthcare centers are anticipated to fuel the market growth. The surge in investments in R&D by pharmaceutical companies, rise in healthcare expenditure, and surge in demand for rehabilitation centers due to the surge in the geriatric population are the key factors driving the growth of the market.

However, the high cost of specialty medical chairs hampers the growth of the market to some extent during the forecast period. On the contrary, the emerging economies of developing countries such as India, China, Mexico, and Brazil and the introduction of technologically advanced and fully automated medical chairs are expected to provide lucrative opportunities for the growth of the specialty medical chair market in the future.

In addition, emerging markets are gaining importance for the majority of medical chair manufacturers and distributors. Rapid growth was observed in the shipments of these devices to provide improved healthcare services in emerging nations, and this is expected to offset the challenging conditions in mature markets such as North America and Europe. As per CXOs, North America is expected to dominate the global specialty medical chair market during the forecast period, followed by Europe.

Author Name(s) : Vikita Thakur | Roshan Deshmukh

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