Mexico Specialty Medical Chairs Market Size & Outlook
Mexico specialty medical chairs market, 2018-2030 (US$M)
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Mexico specialty medical chairs market highlights
- The Mexico specialty medical chairs market generated a revenue of USD 41.8 million in 2023 and is expected to reach USD 61.0 million by 2030.
- The Mexico market is expected to grow at a CAGR of 5.5% from 2024 to 2030.
- In terms of segment, treatment chairs was the largest revenue generating product in 2023.
- Examination Chairs is the most lucrative product segment registering the fastest growth during the forecast period.
Specialty medical chairs market data book summary
| Market revenue in 2023 | USD 41.8 million |
| Market revenue in 2030 | USD 61.0 million |
| Growth rate | 5.5% (CAGR from 2023 to 2030) |
| Largest segment | Treatment chairs |
| Fastest growing segment | Examination 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 |
Other key industry trends
- In terms of revenue, Mexico accounted for 1.0% of the global specialty medical chairs market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Latin America, Mexico specialty medical chairs market is projected to lead the regional market in terms of revenue in 2030.
- Mexico is the fastest growing regional market in Latin America and is projected to reach USD 61.0 million by 2030.
Treatment chairs was the largest segment with a revenue share of 40.19% in 2023. Horizon Databook has segmented the Mexico specialty medical chairs market based on examination chairs, treatment chairs, rehabilitation chairs covering the revenue growth of each sub-segment from 2018 to 2030.
Mexico is gaining importance in specialty medical chairs market owing to increase in personalized care, rehabilitation centers, and medical tourism in the country. Increasing incidence of life style associated disorders is expected to boost the demand for specialty medical chairs in Mexico.
According to Mexican Observatory on Non-communicable Diseases (OMENT), obesity is one of the major concerns in Mexico and is increasing at an unprecedented rate. As per Organization for Economic Cooperation and Development, 32.4% of the adult population in Mexico was obese in 2015.
Favorable initiatives being undertaken by private and social security sectors, such as North American Free Trade Agreement (NAFTA), to promote usage of medical equipment and products are also contributing to market growth.
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Specialty Medical Chairs Market Scope
Specialty Medical Chairs Market Companies
| Name | Profile | # Employees | HQ | Website |
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Mexico specialty medical chairs market size, by product, 2018-2030 (US$M)
Mexico Specialty Medical Chairs Market Outlook Share, 2023 & 2030 (US$M)
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