Rise in Geriatric Population Expected to Propel Global Specialty Medical Chairs Market


Posted May 4, 2016 by ranutmr

Specialty medical chairs are medical devices that help patients in enhancing mobility or in improving comfort during various surgical operations.

 
Transparency Market Research (TMR) has recently published a research study on the global specialty medical chairs market for estimating the market to rise at a CAGR of 6.50% during the period from 2015 to 2023 and reach a market value of US$6.8 bn by the end of the forecast period.The report titled, “Specialty Medical Chairs Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2015 - 2023”, states that the worldwide specialty medical chairs market stood at US$3.8 bn in 2014.

According to the report, the introduction of technically advanced medical chairs in the global arena has spurred demand in the worldwide specialty medical chairs market. Apart from this, the rising global geriatric population, the increasing number of hospitals and medical institutes, and the escalating use of rehabilitation chairs are propelling the demand for specialty medical chairs across the world. This trend is likely to continue over the forecast period. However, the growing trend of using refurbished medical chairs among end users in emerging economies is likely to limit the market growth, says the report.

Read More: http://www.transparencymarketresearch.com/specialty-medical-chairs-market.html

The global specialty medical chairs market has been analyzed on two fronts in this report: types of products and regional distribution.Examination chairs, treatment chairs, and rehabilitation chairs are the key products available in the global market for specialty medical chairs market. The markets for treatment chairs and rehabilitation chairs collectively acquired over 75% of the global specialty medical chairs market in 2014.

The examination chairs segment is further divided into the markets for dialysis chairs, birthing chairs, blood drawing chairs, cardiac chairs, and mammography chairs. The dialysis chairs segment led the examination chairs market in 2014 with a share of 32.6%. Consistent Technical advancements are likely to stimulate the demand for dialysis chairs, enabling the market segment to retain its position during the forecast period.

Dental chairs, ENT chairs, ophthalmic chairs, and other surgery chairs are the main segments of the treatment chair market and the rehabilitation chairs market consists of pediatric chairs, geriatric chairs, bariatric chairs, and toilet chairs.North America, Latin America, Europe, Asia Pacific, and the Middle East and Africa are the prime regional markets for specialty medical chairs, states the report. North America and Europe are the leading regional market for specialty medical chairs in the global arena. These two markets collectively accounted for approximately 68% of the overall market in 2014.

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Analysts at TMR expect the Asia Pacific specialty medical chairs market to register the highest growth rate over the forecast period. The markets in Latin America and the Middle East and Africa are also expected to witness a surge in the demand for specialty medical chair in the coming years, notes the study.
The report also maps the competitive landscape prevalent in the global specialty medical chairs market by analyzing the company profiles of major market participants including ACTIVEAID Inc., DentalEZ Inc., A-dec Inc., Forest Dental Products Inc., Invacare Corp., Fresenius SE & Co. KGaA, Marco, Topcon Medical Systems Inc., and Rehab Seating Systems Inc.
The global specialty medical chairs market is segmented into:
By Products
•Examination Chairs
•Birthing Chairs
•Cardiac Chairs
•Blood Drawing Chairs
•Dialysis Chairs
•Mammography Chairs
•Treatment Chairs
•Ophthalmic Chairs
•ENT Chairs
•Dental Chairs
•Other Surgery Chairs
•Rehabilitation Chairs
•Pediatric Chairs
•Bariatric Chairs
•Geriatric Chairs
•Toilet Chairs

By Region
•North America
•United States
•Canada
•Europe
oUnited Kingdom
oGermany
oRest of Europe
•Asia Pacific
oIndia
oChina
oRest of APAC
•Latin America (LATAM)
oBrazil
oMexico
oRest of LATAM
•Middle East and Africa (MENA)
oSouth Africa
oRest of MEA

About Us
Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.

TMR’s data repository is continuously updated and revised by a team of research experts so that it always reflects the latest trends and information. With extensive research and analysis capabilities, Transparency Market Research employs rigorous primary and secondary research techniques to develop distinctive data sets and research material for business reports.

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Issued By Transparency Market Research
Country United States
Categories Health , Marketing , Medical
Tags global specialty medical chairs market , market research report , specialty medical chairs industry , specialty medical chairs market
Last Updated May 4, 2016