Market Trends of Specialty Medical Chairs Industry
This section covers the major market trends shaping the Specialty Medical Chairs Market according to our research experts:
Rehabilitation Chairs segment is Expected to Hold the Largest Market Share in the Specialty Medical Chairs Market
- The rehabilitation chairs segment retains a dominant share owing to an increase in unhealthy lifestyles, an increase in the elderly population leading to a neurological disorder, an increase in a number of chronic conditions such as cardiovascular disease, cancer, Alzheimer's disease, Orthopedic Disorders, and others. Innovation has also resulted in the increased demand for smart aided devices like rehabilitation chairs which will further drive the market growth during the forecast period.
North America Dominates the Market and Expected to do Same in the Forecast Period
North America is expected to maintain its supremacy in the overall specialty medical chairs market, throughout the forecast period. This is owing to factors such as the growing patient's pool, rising geriatric population. As per the U.S. Census Bureau 2017 Population Projections, by 2035, 78.0 million people will be over 65 years of age, rather than 76.7 million under 18 years of age in the U.S. Further, rising prevalence of chronic diseases in the region, technological advancement, and the domicile presence of some of the key players in the region are driving the market and responsible for ensuring the dominance of the region.
