The
market for specialty medical chairs is emerging at an impressive growth rate
with the rise in disabled population. According to the estimates of WHO, over
15% of the total world’s population is suffering from some form of disability.
Moreover, according to UN Development Program (UNDP) 80% of the disable
persons live in developing countries. Rate of disability population is
increasing with the rise in aging population and chronic health conditions. In
addition, increasing life span, emergence of new diseases such as HIV/AIDS and
malnutrition are the other factors that give rise to disability. People
affected with disability result in poor health condition and require extensive
healthcare requirements.
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The
market for medical chairs is also projected to rise with technological
advancements and increasing demand for home care services. The manufacturers
are coming up with innovative designs of chairs to further support the market
growth. The specialty medical chairs market can be segmented as follows: ENT
chairs, dental chairs, birthing chairs, cardiac chairs, blood drawing chairs,
dialysis chairs, surgery chairs, ophthalmic chairs, toilet chairs, bariatric
chairs, mammography chairs, rehabilitation chairs, pediatric chairs,
transformable chairs, geriatric chairs and others. The market for medical
chairs is growing with the rise in disposable incomes and changing attitude of
persons towards disability. Increasing demand for home care services coupled
with innovative distribution strategies of the manufacturers is also driving
the medical specialty chairs market.
Geographically
North America, Europe and Japan are the leading regions of medical specialty
chairs market. These regions are supported by favorable legislations and
enhanced government funding that is directly impacting the growth of the
market. Asia-Pacific region is likely to emerge as the fastest growing region
in the coming years. However, market in these regions is still untapped due to
lack of awareness and the high cost of equipment. But, the market in these
regions is projected to rise with development in hospital run services and
rise in aging population.
The
medical specialty chairs market is highly competitive and possesses numerous
competitors with quality of the equipment and price as a competitive factor.
Some of the major players in the market include Forest Dental Products Inc.,
Activeaid, Inc., A-dec Inc., Invacare Corporation, Sunrise Medical and
others.
This
research report analyzes this market depending on its market segments, major
geographies, and current market trends. Geographies analyzed under this
research report include
- North
America
- Asia
Pacific
- Europe
- Rest
of the World
This
report provides comprehensive analysis of
- Market
growth drivers
- Factors
limiting market growth
- Current
market trends
- Market
structure
- Market
projections for upcoming years
This
report is a complete study of current trends in the market, industry growth
drivers, and restraints. It provides market projections for the coming years.
It includes analysis of recent developments in technology, Porter’s five force
model analysis and detailed profiles of top industry players. The report also
includes a review of micro and macro factors essential for the existing market
players and new entrants along with detailed value chain analysis.
Reasons
for Buying this Report
- This
report provides pin-point analysis for changing competitive dynamics
- It
provides a forward looking perspective on different factors driving or
restraining market growth
- It
provides a technological growth map over time to understand the industry
growth rate
- It
provides a seven-year forecast assessed on the basis of how the market is
predicted to grow
- It
helps in understanding the key product segments and their future
- It
provides pin point analysis of changing competition dynamics and keeps
you ahead of competitors
- It
helps in making informed business decisions by having complete insights
of market and by making in-depth analysis of market segments
- It
provides distinctive graphics and exemplified SWOT analysis of major
market segments
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