Dublin, Sept. 19, 2023 (GLOBE NEWSWIRE) -- The "Specialty Medical Chair Market: Trends, Opportunities and Competitive Analysis 2023-2028" report has been added to ResearchAndMarkets.com's offering.
The global specialty medical chair market is projected to reach an estimated value of $5.9 billion by 2028, with a compound annual growth rate (CAGR) of 6.5% from 2023 to 2028.
This growth is driven by factors such as the increasing incidence of chronic diseases, a rising geriatric population requiring rehabilitation, and the introduction of technologically advanced specialty medical chairs.
Market Segmentation
The market is segmented based on various factors:
1. Product Type:
- Examination
- Birthing
- Cardiac
- Blood Drawing
- Dialysis
- Mammography
- Treatment
- Ophthalmic
- ENT
- Dental
- Others
- Rehabilitation
- Pediatric
- Bariatric
- Geriatric
- Others
2. End Use:
- Hospitals
- Clinics
- Others
3. Region:
- North America
- Europe
- Asia Pacific
- The Rest of the World
Key Market Insights
- Rehabilitation is expected to remain the largest segment due to the increasing elderly population and a growing number of cases of paralysis and spinal injuries.
- Hospitals are anticipated to remain the largest segment due to the rising number of hospitals, which drives the demand for specialty medical chairs for various applications.
- North America is expected to be the largest region due to the growing prevalence of lifestyle-associated disorders and increasing acceptance of technologically advanced medical chairs in the region.
Competitive Landscape
Major players in the market are focusing on expanding their manufacturing facilities, investing in R&D, infrastructural development, and leveraging integration opportunities across the value chain. Some of the key companies profiled in the report include A-dec, ActiveAid, DentalEZ, Fresenius Medical Care, Topcon Corp, Midmark Corp, Danaher, Planmeca Oy, and Hill Laboratories Company.
Key Questions Answered
This report provides insights into the specialty medical chair market, including:
- Promising growth opportunities based on product type, end use, and region.
- Segments expected to experience faster growth and the reasons behind this growth.
- Factors affecting market dynamics, key challenges, and business risks.
- Emerging trends and changing customer demands in the market.
- New developments in the market and the leading companies driving these innovations.
- Major players in the market and their strategic initiatives for business growth.
- Competitive threats and the impact of competing products.
- Recent M&A activity in the industry and its impact on the market.
For more information about this report visit https://www.researchandmarkets.com/r/a1eesy
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