Market revenue in 2023 | USD 151.3 million |
Market revenue in 2030 | USD 295.9 million |
Growth rate | 10.1% (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 40.19% in 2023. Horizon Databook has segmented the India 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 Indian Society of Nephrology (ISN), around 175,000 people suffer kidney failure each year in India and require dialysis or kidney transplantation. Studies also state that an estimated 60% to 70% of chronic kidney disease are majorly caused due to diabetes and hypertension.
This huge patient base exhibits the need for adoption of specialty medical chairs in this region. Moreover, initiatives undertaken by the government to promote Indian healthcare industry is expected to augment market growth.
Moreover, favorable government policies such as National Policy for Persons with Disabilities, which deals with physical, educational & economic rehabilitation of persons with disabilities, is expected to boost the specialty medical chairs market in the country.
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