MARKET INTRODUCTION
Therapy chair is associated with the unique needs of patients in a variety of fields, from ontological to therapeutic. Members may sit in therapeutic chairs with elevated seats without having to drop their body to the usual level of a traditional chair. A patients with medical conditions, such as dialysis, cancer and Rheumatoid Arthritis, etc., can benefit from the Therapy chair.
MARKET SCOPE
The "Therapy Chair Market to 2028" is a specialized and in-depth study of the healthcare industry with a special focus on the global market trend analysis. The report aims to provide an overview of Therapy Chair Market with detailed market segmentation by of Product type, End Users. The Therapy Chair Market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading players in Therapy Chair Market and offers key trends and opportunities in the market.
MARKET SEGMENTATION
- Based on Products, the Therapy Chair Market is segmented into Dialysis Chair, Oncology Chair, Blood Donation Chair, Others.
- On the basis of End Users, the market is segmented into Hospital, Clinic, Home use, Others.
MARKET DYNAMICS
Drivers-
- The prevalence of ESRD (End-Stage Renal Disease ) is expected to rise to between 2700 and 3500 per million by 2050, a 29 percent-68 percent increase from the 2015 prevalence of 2087 per million.
- Cancer is one of the leading causes of death around the world. There were 18.1 million new cancer cases and 9.5 million cancer-related deaths globally in 2020..
- The growing prevalence of target diseases and the growing number of outpatient surgical procedures are driving demand for Therapy Chair Market in outpatient surgical procedures..
Restraints-
- Therapy chair is not economical. It's expensive, not affordable for ordinary people.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the Therapy Chair Market based on various segments. It also provides market size and forecast estimates from year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The Therapy Chair Market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
The report analyzes factors affecting Therapy Chair Market from both demand and supply side and further evaluates market dynamics affecting the market during forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South & Central America after evaluating political, economic, social and technological factors affecting the Therapy Chair Market in these regions.
IMPACT OF COVID-19 ON THERAPY CHAIR MARKET:
COVID-19 first began in Wuhan (China) during December 2019 and since then it has spread at a fast pace across the globe. The US, India, Brazil, Russia, France, the UK, Turkey, Italy, and Spain are some of the worst affected countries in terms confirmed cases and reported deaths. The COVID-19 has been affecting economies and industries in various countries due to lockdowns, travel bans, and business shutdowns. Shutdown of various plants and factories has affected the global supply chains and negatively impacted the manufacturing, delivery schedules, and sales of products in global market. The global impacts of the COVID-19 are already starting to be felt, and will significantly affect the Therapy Chair Market in 2020.Few companies have already announced possible delays in product deliveries and slump in future sales of their products. In addition to this, the global travel bans imposed by countries in Europe, Asia-Pacific, and North America are affecting the business collaborations and partnerships opportunities.
MARKET PLAYERS
The report covers key developments in the Therapy Chair Market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market players from Therapy Chair Market are anticipated to have lucrative growth opportunities in the future with the rising demand for Therapy Chair Market in the global market. Below mentioned is the list of few companies engaged in the Therapy Chair Market.
The report also includes the profiles of key players in Therapy Chair Market along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered financial information of last 3 years, key development in past five years.
- Bionic Medizintechnik
- Iskra Medical
- TekMed
- EMD Medical Technologies
- Actualway
- MCube Technology
- India Medico Instruments
- Universal Companies
- Whitehall Manufacturing
- Accord Medical Products
The Insight Partner's dedicated research and analysis team consists of experienced professionals with advanced statistical expertise and offers various customization options in the existing study.