The Europe Specialty Medical Chairs Market would witness market growth of 8.1% CAGR during the forecast period (2022-2028).
Specialty medical chairs aid people in increasing their movement or improving their comfort during various surgical procedures. In hospitals, clinics, and ambulatory surgery centers, specialty medical chairs can be utilized for patient assessment and treatment. Professionals can also employ specialty medical chairs in a variety of disciplines of healthcare due to their simplicity of usage and maneuverability.
The market for specialty medical chairs is being driven by rising knowledge of medical issues and the increased availability of medical aid in various places. Furthermore, the growing inclination for at-home healthcare is supporting the market's expansion. Furthermore, over the projection period, continued R&D initiatives by leading companies to develop innovative goods are expected to improve product sales. In the near future, the introduction of technologically improved and fully automated medical chairs is projected to give lucrative prospects for market players.
Europe is predicted to have a healthy growing demand for specialist medical chairs in the near future due to the presence of improved healthcare infrastructure, modern products, and qualified professionals. The increased demand for sophisticated therapies and products in Europe is another major element projected to support regional market progress. Europe already has a bigger senior population than other parts of the world, and the geriatric populations of certain European countries are rapidly increasing. Europe and Northern America had the highest number of persons aged 80 or older in 2019, according to the World Population Ageing 2019 Report. (53.9 million people).
According to the study, the number of senior people in Europe and Northern America would increase by 48 percent between 2019 and 2050. The geriatric population is rapidly increasing in various European countries. According to the European Union's 2018 Ageing Report, the EU's total population is predicted to increase from 511 million in 2016 to 520 million in 2070. However, the population of working age (those aged 15 to 64) will decrease from 333 million in 2016 to 292 million in 2070. Furthermore, the world population aging 2017 study predicts that older people in Europe will account for around 35% of the population in 2018. This feature will increase brace and sales support in Europe.
The Germany market dominated the Europe Specialty Medical Chairs Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $377.9 million by 2028. The UK market is anticipated to grow at a CAGR of 7.2% during (2022 - 2028). Additionally, The France market would showcase a CAGR of 8.9% during (2022 - 2028).
Based on Product, the market is segmented into Rehabilitation (Geriatric, Bariatric, Pediatric, and Others), Treatment (Dental, Ophthalmic, ENT, and Others), and Examination (Dialysis, Blood Drawing, Mammography, Cardiac, and Birthing). Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
Free Valuable Insights: The Global Specialty Medical Chairs Market will Hit $6.3 Billion by 2028, at a CAGR of 8.8%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Topcon Corporation, Dentsply Sirona, Inc., Danaher Corporation, Fresenius SE & Co. KGaA, A-dec, Inc., DentalEZ, Inc., ActiveAid, LLC, Midmark Corporation, Planmeca Oy, and Hill Laboratories Company.
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