Market revenue in 2023 | USD 160.6 million |
Market revenue in 2030 | USD 299.1 million |
Growth rate | 9.3% (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 |
Treatment chairs was the largest segment with a revenue share of 40.22% in 2023. Horizon Databook has segmented the China specialty medical chairs market based on examination chairs, treatment chairs, rehabilitation chairs covering the revenue growth of each sub-segment from 2018 to 2030.
China is the fastest growing market for specialty medical chairs in Asia Pacific due to increasing prevalence of lifestyle-associated diseases and rapid increase in private hospitals, which is boosting the demand for specialty medical chairs.
According to a survey conducted by Collective Responsibility, an advisory firm based in Shanghai, the number of private hospitals in China grew twice to 16,900 hospitals over the time span of 6 years from 2011-2017. The private sector accounts for 57.2% of Chinese hospitals.
Based on a recent report by the China Association of Medical Device Industry (CAMDI), the medical equipment market in China is growing at an average rate of 20% annually since 2009 and was expected to maintain similar growth rate through 2016.
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