North America Specialty Medical Chairs Market Research Report - Segmented By Application, Type & Country (U.S, Canada & Rest of North America) - Industry Analysis, Share, Size, Trends, Growth, & Forecasts (2024 to 2029)

Updated On: January, 2024
ID: 7589
Pages: 145

North America Specialty Medical Chairs Market Size & Growth (2024 to 2029):

As per the research report, the size of the North America Specialty Medical Chairs Market was valued at USD 1.94 billion in 2024 and also expected to reach USD 2.58 billion by 2029, will have an expected CAGR of 5.82% during the forecast period 2024 to 2029.

Globally, the growing elderly population has increased the prevalence of various chronic diseases, such as cardiovascular disease, as the medical chairs are intended for clinical use and provide comfort and safety to the patients during several surgical procedures. Therefore, the growing geriatric population leads to a surge in demand for specialized medical chairs, which is a crucial factor contributing to the market's growth.

Also, with the development and the advancement of technology, medical chairs can be automated specialized medical chairs.

In addition, some of the leading companies provide customized chairs to fulfill the needs of patients and clinicians for illness evaluation and treatment, which can also boost the market expansion during the projected period.

Specialty medical chairs are medical equipment that allows patients to be more flexible or convenient during surgical procedures. Because of an increase in unhealthy lifestyles, an increase in the elderly population leading to neurological disorders, and an increase in the number of chronic conditions such as cardiovascular disease, cancer, orthopedic disorders, and others, the rehabilitation chairs segment continues to hold a dominant market share.

Moreover, the increase in the research and development and the domicile presence of some of the region’s major companies are pushing the market and assuring the region's supremacy.

Furthermore, due to the growing demand with the increase in purchasing power, rapid urbanization and industrialization, and the well-established healthcare infrastructure and facilities are the factors driving the market growth of the specialty medical chairs.

An increase in the high costs of the specialty chairs and the rise in the competition between the market players with the introduction of substitute products with reasonable prices can affect the market of the major players.

This research report on the North America Specialty Medical Chairs Market has been segmented and sub-segmented into the following categories:

By Application:

  • Extended Care Institutes

  • Hospitals

  • Others

By Type:

  • Examination Chairs

  • Rehabilitation Chairs

  • Treatment Chairs

By Country:

  • U.S

  • Canada

  • Rest of North America

Geographically, the North American market holds a significant market share in the specialty medical chairs market, and it is estimated to grow at its maximum pace during the forecast period. The regional market growth is projected to the favorable reimbursement policies presented by the government, increasing the prevalence of chronic diseases such as cancer, diabetes, and technological advancements in the healthcare sectors. The specialist medical chair industry is highly competitive, with only a few large competitors driving the market growth of specialty medical chairs. Countries like U.S. and Canada hold the largest share in the market.

The United States specialty medical chairs market is anticipated to maintain its dominance in the global market for specialized medical chairs. It is due to a rising patient pool, an aging population in the country, and an increase in chronic diseases. Also, due to the rise in the new advancements and developments in the technology of the specialty medical chairs such as automatic medical chairs or customized chairs are available in the market, which is expected to increase the market growth.

On the other hand, the Canadian specialty medical chairs market is anticipated to witness a promising share in the coming years. The market growth is contributed by the increasing government investments, increasing demand for specialty medical chairs owing to the growing senior population.

KEY MARKET PLAYERS

Companies playing a dominant role in the North America Specialty Medical Chairs Market profiled in this report are Invacare Corporation, A-dec, Inc., Fresenius Medical Care, Forest Dental Products, Inc., DentalEZ and ACTEVAID, Inc.,

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