Specialty Medical Chairs Market - Global Industry Insights

Posted August 23, 2018 by chaitanyag11

Advancements in technology in specialty medical chairs is expected to support growth of the specialty medical chairs market.

Increasing number of hospitals and clinics is increasing the demand for specialty medical chairs such as birthing chairs, dialysis chairs, and rehabilitation chairs that serve specific purposes depending on their application. This in turn, is positively impacting growth of the specialty medical chairs market. For instance, according to American Hospital Association (AHA), an annual survey on hospitals in the U.S. reveals that, 5,534 hospitals were registered in the U.S. in 2017. According to the Central Bureau of Health Intelligence, the number of hospitals in India increased from 4,571 in 2000 to 11,993 in 2011. Furthermore, increasing government funding towards expanding the healthcare sector is fueling growth of the market. For instance, Saudi Arabia’s government allocated US$ 28.8 billion to health and social welfare, which includes funding for 11 new hospitals, 11 medical centers, and two medical complexes, in addition to the 132 hospitals and healthcare centers, in 2014.

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Rising prevalence of disability is expected to foster growth of the specialty medical chairs market

Rising prevalence of disability due to various factors such as increasing number of road accidents, spinal cord injuries, meningitis, and workplace injuries are expected to favor demand for wheelchairs over the forecast period. According to World Health Organization (WHO), around 10% people among the overall disabled population globally, require specialty medical chairs for their daily activities and physical movement.

As per the Centers for Disease Control and Prevention (CDC), in 2013, over 53 million people in the U.S. were suffering from some form of disability. Furthermore, the most common type of disability found was mobility disability, which was around 1 in 8 adults among all disabled cases in 2015, as stated by CDC. Moreover, CDC also that in the U.S., around 39.6 million people aged 18 years and above are suffering from some physical functioning disability and this number is expected to increase over the forecast period. According to stats published by the Council for Disability Awareness (CDA), in 2013, in the U.S., 1 in 4 children under 20 years of age are expected to be disabled before they retire, due to various factors such as excess body weight and chronic diseases such as diabetes, high blood pressure, and back pain.

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Categories Biotech , Health , Medical
Tags specialty medical chairs growth , specialty medical chairs market , specialty medical chairs trends
Last Updated August 23, 2018