Market revenue in 2023 | USD 226.4 million |
Market revenue in 2030 | USD 327.1 million |
Growth rate | 5.4% (CAGR from 2023 to 2030) |
Largest segment | Rehabilitation chairs |
Fastest growing segment | Treatment 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 |
Rehabilitation chairs was the largest segment with a revenue share of 40.15% in 2023. Horizon Databook has segmented the Canada specialty medical chairs market based on examination chairs, treatment chairs, rehabilitation chairs covering the revenue growth of each sub-segment from 2018 to 2030.
Canada is a small contributor to specialty medical chairs market owing to its small population size. According to Statistics Canada, around 5,780,900 people in Canada were estimated to be aged 65 and older in 2015. This is expected to boost the adoption of specialty medical chairs and provide tremendous opportunities for new market entrants in this country.
In addition, according to Public Health Agency of Canada, in 2017, approximately 2.4 million people had ischemic heart disease and more than 2 million people had diabetes in Canada. Treatment of chronic diseases involves the use of specialty medical chairs, thereby fueling the market growth.
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