India Specialty Medical Chairs Market Size & Outlook
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India specialty medical chairs market highlights
- The India specialty medical chairs market generated a revenue of USD 151.3 million in 2023 and is expected to reach USD 295.9 million by 2030.
- The India market is expected to grow at a CAGR of 10.1% 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 151.3 million |
Market revenue in 2030 | USD 295.9 million |
Growth rate | 10.1% (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, India accounted for 3.5% 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 40.19% in 2023. Horizon Databook has segmented the India specialty medical chairs market based on examination chairs, treatment chairs, rehabilitation chairs covering the revenue growth of each sub-segment from 2018 to 2030.
According to Indian Society of Nephrology (ISN), around 175,000 people suffer kidney failure each year in India and require dialysis or kidney transplantation. Studies also state that an estimated 60% to 70% of chronic kidney disease are majorly caused due to diabetes and hypertension.
This huge patient base exhibits the need for adoption of specialty medical chairs in this region. Moreover, initiatives undertaken by the government to promote Indian healthcare industry is expected to augment market growth.
Moreover, favorable government policies such as National Policy for Persons with Disabilities, which deals with physical, educational & economic rehabilitation of persons with disabilities, is expected to boost the specialty medical chairs market in the country.
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Specialty Medical Chairs Market Scope
Specialty Medical Chairs Market Companies
Name | Profile | # Employees | HQ | Website |
---|---|---|---|---|
A-Dec | View profile | 1001-5000 | Newberg, Oregon, United States, North America | http://www.a-dec.com |
Fresenius Medical Care AG | View profile | 119845 | Else-Kroener-Strasse 1, Bad Homburg, HE, Germany, 61352 | https://www.freseniusmedicalcare.com |
Planmeca | View profile | 1001-5000 | Helsinki, Southern Finland, Finland, Europe | http://www.planmeca.com/ |
MidMark Corporation | View profile | 1001-5000 | Dayton, Ohio, United States, North America | http://www.midmark.com/ |
Danaher Corp | View profile | 63000 | 2200 Pennsylvania Avenue, N.W., Suite 800W, Washington, DC, United States, 20037-1701 | https://www.danaher.com |
Topcon Corp | View profile | 5543 | 75-1 Hasunuma-cho, Itabashi-ku, Tokyo, Japan, 1748580 | http://www.topcon.co.jp |
Dentsply Sirona Inc | View profile | 15000 | 13320 Ballantyne Corporate Place, Charlotte, NC, United States, 28277-3607 | https://www.dentsplysirona.com |
India specialty medical chairs market size, by product, 2018-2030 (US$M)
India Specialty Medical Chairs Market Outlook Share, 2023 & 2030 (US$M)
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