Saudi Arabia Specialty Medical Chairs Market Size & Outlook
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Saudi Arabia specialty medical chairs market highlights
- The Saudi Arabia specialty medical chairs market generated a revenue of USD 15.2 million in 2023 and is expected to reach USD 22.3 million by 2030.
- The Saudi Arabia market is expected to grow at a CAGR of 5.6% 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 15.2 million |
| Market revenue in 2030 | USD 22.3 million |
| Growth rate | 5.6% (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, Saudi Arabia accounted for 0.3% 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 Middle East & Africa, South Africa specialty medical chairs market is projected to lead the regional market in terms of revenue in 2030.
- Kazakhstan is the fastest growing regional market in Middle East & Africa and is projected to reach USD 7.1 million by 2030.
Treatment chairs was the largest segment with a revenue share of 40.13% in 2023. Horizon Databook has segmented the Saudi Arabia 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 Saudi Arabian Monetary Agency, the geriatric population, which is more susceptible to various diseases, is estimated to account for 25% of the total population in the country by 2050. Moreover, increasing government grants in order to expand the healthcare sector is anticipated to boost market growth.
For instance, in 2014, the Saudi Arabian government allocated USD 28.8 billion to health and social welfare, including funding for 11 new hospitals, 11 medical centers, and 2 medical complexes, in addition to 132 hospitals & healthcare centers. These factors are expected to maintain a steady demand for specialty medical chairs over the forecast period.
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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 |
Saudi Arabia specialty medical chairs market size, by product, 2018-2030 (US$M)
Saudi Arabia Specialty Medical Chairs Market Outlook Share, 2023 & 2030 (US$M)
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