Albany, NY -- (ReleaseWire) -- 07/03/2014 -- 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.
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