Specialty Medical Chairs Market Report 2023: R&D Consistency Drives Sector Growth
The Specialty Medical Chairs Market was valued at over US$ 3.3 billion in 2023 and is predicted to grow at an 8.7% CAGR from 2023 to 2033. Over the projected period, the expanding geriatric population is likely to drive up demand for specialty medical chairs. From 2023 to 2033, the market is estimated to provide an absolute monetary opportunity of roughly US$ 4.2 billion. The elevating demand for a diverse range of specialized medical chairs is being driven by the increasing prevalence of health issues and the rising availability of medical facilities including rehabilitation centers. Moreover, the medical device industry is also growing as a result of an increasing preference for at-home healthcare. This spurt in home healthcare along with rehabilitation centers is one of the key factors driving the worldwide specialty medical chair demand. As the number of medical facilities and hospitals increases, the need for specialty medical chairs, such as dialysis chairs, rehabilitation o...