Sales of Specialty Medical Chairs to Reach $1.6 Billion by 2015, According to a New Report by Global Industry Analysts
Rising disability population rate, and advent of technologically advanced products with innovative designs are driving the demand for specialty medical chairs. Global market for specialty medical chairs is projected to reach $1.6 billion by 2015.
San Jose, CA (PRWEB) November 11, 2008 -- The market for specialty medical chairs is evolving in accordance with changing attitude towards the disabled and favorable legislation pertaining to their employment, accommodation, and public access. Increasing demand for home care services, coupled with easy availability of funding and innovative distribution strategies of marketers is further propelling sales in the worldwide specialty medical chairs market. However, lack of awareness, and relatively higher costs associated with the specialty medical chairs are major challenges for the market.
United States, Europe and Japan are the leading regions in the global specialty medical chairs market with share exceeding 80% for 2008, as stated in a recent report published by Global Industry Analysts, Inc. The dental chairs market in United States is estimated at US$82 million for 2008. Rehabilitation chairs are used by patients who need special care for their recovery from either acute illnesses or due to their physical disorders. The market for rehabilitation chairs is expected to increase in tandem with the rising needs of an aging population.
Emerging markets of Asia-Pacific, and Latin America are set to drive the demand for specialty medical chairs in the long run. Market for rehabilitation equipment is yet untapped in these parts of the world, due to lack of awareness of such products, in addition to the cost factor. In emerging markets, growth is driven by the development of basic hospital services. Examination and treatment chairs market in Asia-Pacific is projected to register sales of US$70 million by the year 2012.
The market is extremely competitive, with presence of a large number of companies focused on price and quality as competitive factors. Players profiled in the report include Activeaid, A-dec Inc., ArjoHuntleigh International AB, DentalEZ®, Fimet OY, Forest Dental Products Inc, Graham-Field Health Products, Invacare Corporation, Marco Ophthalmic Inc, MEYRA-ORTOPEDIA Vertriebsgesellschaft mbH, Rehab Seating Systems Inc, Sunrise Medical, and Topcon Medical Systems Inc.
"Specialty Medical Chairs: A Global Strategic Business Report", published by Global Industry Analysts, Inc., provides a comprehensive review of market trends, product profile, recent developments, mergers, acquisitions, profiles of major players and other strategic industry activities. Analysis is presented for major geographic markets such as US, Canada, Japan, France, Germany, Italy, the United Kingdom, Spain, Russia, Asia-Pacific, Middle East and Latin America. The market is analyzed across the following product segments, namely examination and treatment chairs (dental chairs, ENT chairs, birthing chairs, blood drawing chairs, cardiac chairs, dialysis chairs, ophthalmic chairs, surgery chairs and mammography chairs) and rehabilitation chairs (toilet chairs, bariatric chairs, geriatric chairs, pediatric chairs, podiatry chairs, transformable chairs and patient transfer chairs). Analytics are provided for the period 2000-2015.
For more details about this research report, please visit http://www.strategyr.com/Specialty_Medical_Chairs_Market_Report.asp
About Global Industry Analysts, Inc.
Global Industry Analysts, Inc., (GIA) is a reputed publisher of off-the-shelf market research. Founded in 1987, the company is globally recognized as one of the world's largest market research publishers. The company employs over 700 people worldwide and publishes more than 880 full-scale research reports each year. Additionally, the company also offers a range of over 60,000 smaller research products including company reports, market trend reports, and industry reports encompassing all major industries worldwide.
Global Industry Analysts, Inc.
Telephone 408-528-9966
Fax 408-528-9977
Email press @ StrategyR.com
Web Site http://www.strategyR.com/
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