With the increasing population of elderly people, there is a surge in the demand for healthcare services and infrastructure to address the unique & evolving healthcare needs of the elderly. According to the WHO data, in 2022, one out of every six people worldwide will be 60 years or older by the year 2030. Moreover, the number of Americans aged 65 and older is projected to increase from 58 million in 2022 to 82 million by 2050. This, in turn, is estimated to propel the demand for specialty medical chairs over the forecast period.
Many governments and insurance providers recognize the importance of medical chairs for the elderly and are implementing initiatives to make these products more accessible and affordable.
U.S. Specialty Medical Chairs Market Report Highlights
- Rehabilitation chairs dominated the product segment with more than 40% share in 2023 owing to the customizable features it offers
- The treatment chairs segment is expected to grow at the fastest CAGR over the forecast period
- The increasing aging population and increasing incidences of orthopedic disorders are contributing to the growing demand for specialty medical chairs
- Market players operating in U.S. specialty medical chairs market include ActiveAid, Inc., DentalEZ, Inc., Fresenius Medical Care AG & Co. KGaA, Topcon Corp., Midmark Corp., Danaher (KaVo Dental GmbH), Dentsply Sirona, Planmeca Oy, Hill Laboratories Company
Table of Contents
Companies Mentioned
- A-dec, Inc.
- ActivAid, Inc.
- DentalEZ, Inc.
- Fresenius Medical Care AG & Co. KGaA
- Topcon Corp.
- MidMark Corp.
- Danaher
- Dentsply Sirona
- Planmeca Oy
- Hill Laboratories Company
Methodology
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Table Information
Report Attribute | Details |
---|---|
No. of Pages | 80 |
Published | May 2024 |
Forecast Period | 2023 - 2030 |
Estimated Market Value ( USD | $ 1.7 Billion |
Forecasted Market Value ( USD | $ 2.68 Billion |
Compound Annual Growth Rate | 6.9% |
Regions Covered | United States |
No. of Companies Mentioned | 10 |