Asia Pacific Specialty Medical Chairs Market Size & Outlook
Asia Pacific specialty medical chairs market, 2018-2030 (US$M)
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Asia Pacific specialty medical chairs market highlights
- The Asia Pacific specialty medical chairs market generated a revenue of USD 802.2 million in 2023.
- The market is expected to grow at a CAGR of 8.7% 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.
- Country-wise, India is expected to register the highest CAGR from 2024 to 2030.
Asia Pacific data book summary
| Market revenue in 2023 | USD 802.2 million |
| Market revenue in 2030 | USD 1,440.1 million |
| Growth rate | 8.7% (CAGR from 2023 to 2030) |
| Largest segment | Treatment chairs |
| Fastest growing segment | Rehabilitation Chairs |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 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, Asia Pacific region accounted for 18.4% of the global specialty medical chairs market in 2023.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 1,440.1 million by 2030.
Treatment chairs was the largest segment with a revenue share of 40.01% in 2023. Horizon Databook has segmented the Asia Pacific specialty medical chairs market based on examination chairs, treatment chairs, rehabilitation chairs covering the revenue growth of each sub-segment from 2018 to 2030.
Asia Pacific is the fastest growing specialty medical chairs market in terms of revenue generation. According to UN ESCAP, geriatric population in Asia Pacific is expected to grow at an unprecedented rate Increase in elderly population is anticipated to reduce the workforce and increase public healthcare spending in this region, thereby boosting the adoption of specialty medical chairs.
Various initiatives being undertaken by international organizations such as the United Nations Population Fund, which aims at providing support to aging countries to develop and implement national strategies & policies, is also a factor contributing to market growth.
High untapped opportunities, growth in disposable income, and geographic expansion by key market players are among factors expected to fuel market growth over the forecast period. India, Japan, and China are the major contributors to specialty medical chairs market in Asia Pacific region.
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Specialty Medical Chairs Market Scope
Specialty Medical Chairs Market Companies
| Name | Profile | # Employees | HQ | Website |
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Asia Pacific specialty medical chairs market size, by country, 2018-2030 (US$M)
Asia Pacific Specialty Medical Chairs Market Outlook Share, 2023 & 2030 (US$M)
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