China Specialty Medical Chairs Market Size & Outlook
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China specialty medical chairs market highlights
- The China specialty medical chairs market generated a revenue of USD 160.6 million in 2023 and is expected to reach USD 299.1 million by 2030.
- The China market is expected to grow at a CAGR of 9.3% from 2024 to 2030.
- In terms of segment, treatment chairs was the largest revenue generating product in 2023.
- Rehabilitation Chairs is the most lucrative product segment registering the fastest growth during the forecast period.
Specialty medical chairs market data book summary
| Market revenue in 2023 | USD 160.6 million |
| Market revenue in 2030 | USD 299.1 million |
| Growth rate | 9.3% (CAGR from 2023 to 2030) |
| Largest segment | Treatment chairs |
| Fastest growing segment | Rehabilitation Chairs |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Examination Chairs, Treatment Chairs, Rehabilitation Chairs |
| Key market players worldwide | A-Dec, Fresenius Medical Care AG, Topcon Corp, MidMark Corporation, Danaher Corp, Dentsply Sirona Inc, Planmeca |
Other key industry trends
- In terms of revenue, China accounted for 3.7% of the global specialty medical chairs market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, Japan specialty medical chairs market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 295.9 million by 2030.
Treatment chairs was the largest segment with a revenue share of 40.22% in 2023. Horizon Databook has segmented the China specialty medical chairs market based on examination chairs, treatment chairs, rehabilitation chairs covering the revenue growth of each sub-segment from 2018 to 2030.
China is the fastest growing market for specialty medical chairs in Asia Pacific due to increasing prevalence of lifestyle-associated diseases and rapid increase in private hospitals, which is boosting the demand for specialty medical chairs.
According to a survey conducted by Collective Responsibility, an advisory firm based in Shanghai, the number of private hospitals in China grew twice to 16,900 hospitals over the time span of 6 years from 2011-2017. The private sector accounts for 57.2% of Chinese hospitals.
Based on a recent report by the China Association of Medical Device Industry (CAMDI), the medical equipment market in China is growing at an average rate of 20% annually since 2009 and was expected to maintain similar growth rate through 2016.
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Specialty Medical Chairs Market Scope
Specialty Medical Chairs Market Companies
| Name | Profile | # Employees | HQ | Website |
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China specialty medical chairs market size, by product, 2018-2030 (US$M)
China Specialty Medical Chairs Market Outlook Share, 2023 & 2030 (US$M)
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