Market Size of Patient Recliners Industry
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| CAGR | 12.50 % |
| Fastest Growing Market | North America |
| Largest Market | Asia Pacific |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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Patient Recliners Market Analysis
The patient recliners market studied was anticipated to grow with a CAGR of 12.5% during the forecast period. The major factor attributing to the growth of the market is a steep rise in the elderly population across all the geographical locations. The rising prevalence of chronic disorders like cancers, diabetes, and rheumatoid arthritis necessitates the increased comfort for patients. As per United Nations data of World Population Prospects for the year 2019, the number of people over the age of 65 was to increase from 9% in 2019 to more than 16% of the total world's population by 2050. Also, the number of persons aged 80 years or over is projected to triple, from 143 million in 2019 to 426 million in 2050. Thus, a rise in the volume of patient pool demands high requirements of patient recliners. Additionally, enhanced comfort, convenience, and ease of treatment with recent advanced compact designs are likely to boost the global market's growth over the forecast period.
Patient Recliners Industry Segmentation
Patient recliners are important medical chairs that can be converted instantly and easily into a recliner for patients and physicians' comfort. These medical recliners are ideally used majorly in hospitals and other medical facilities such as patient examination areas, physician's office, long term care centers, and ambulatory surgical centers, among others.
| Type | |
| Treatment Recliners | |
| Pediatric Recliners | |
| Bariatric Recliners | |
| Other Types |
| End User | |
| Hospitals | |
| Clinics | |
| Other End Users |
| Geography | ||||||||
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Patient Recliners Market Size Summary
The patient recliners market is poised for significant growth, driven by the increasing elderly population and the rising prevalence of chronic disorders such as cancer, diabetes, and rheumatoid arthritis. These factors necessitate enhanced patient comfort, thereby boosting the demand for patient recliners. The market is characterized by the development of advanced compact designs that offer improved comfort, convenience, and ease of treatment. The patient room recliners segment is expected to lead in revenue generation due to its durability, versatility, and suitability for various medical treatments, including oncology, surgery, and dialysis. Meanwhile, the bariatric recliners segment is anticipated to experience the fastest growth, fueled by the rising demand for features accommodating obese patients and the growing obesity rates in industrialized economies.
North America is projected to maintain its dominance in the patient recliners market, supported by the high prevalence of chronic diseases and musculoskeletal problems. The region's substantial target population and the increased preference for comfort, bolstered by high disposable incomes, further drive market demand. The competitive landscape of the market is moderately intense, with major players like Steelcase Inc, Krueger International Inc, Stryker Corporation, La-Z-Boy Inc, and Herman Miller Inc actively engaging in strategies such as mergers and acquisitions to enhance product offerings and expand market presence. These strategic movements are expected to positively influence the market's growth trajectory over the forecast period.
Patient Recliners Market Size - Table of Contents
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1. MARKET DYNAMICS
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1.1 Market Overview
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1.2 Market Drivers
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1.2.1 Rise in Affordability Along with Availability of Products
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1.2.2 Steep Rise in Growth of Elderly Population and Prevalence of Chronic Conditions
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1.3 Market Restraints
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1.3.1 High Cost of Products
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1.4 Porter's Five Force Analysis
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1.4.1 Threat of New Entrants
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1.4.2 Bargaining Power of Buyers/Consumers
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1.4.3 Bargaining Power of Suppliers
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1.4.4 Threat of Substitute Products
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1.4.5 Intensity of Competitive Rivalry
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2. MARKET SEGMENTATION
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2.1 Type
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2.1.1 Treatment Recliners
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2.1.2 Pediatric Recliners
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2.1.3 Bariatric Recliners
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2.1.4 Other Types
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2.2 End User
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2.2.1 Hospitals
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2.2.2 Clinics
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2.2.3 Other End Users
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2.3 Geography
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2.3.1 North America
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2.3.1.1 United states
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2.3.1.2 Canada
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2.3.1.3 Mexico
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2.3.2 Europe
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2.3.2.1 Germany
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2.3.2.2 United Kingdom
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2.3.2.3 France
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2.3.2.4 Italy
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2.3.2.5 Spain
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2.3.2.6 Rest of Europe
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2.3.3 Asia-Pacific
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2.3.3.1 China
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2.3.3.2 Japan
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2.3.3.3 India
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2.3.3.4 Australia
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2.3.3.5 South Korea
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2.3.3.6 Rest of Asia-Pacific
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2.3.4 Middle-East and Africa
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2.3.4.1 GCC
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2.3.4.2 South Africa
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2.3.4.3 Rest of Middle-East and Africa
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2.3.5 South America
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2.3.5.1 Brazil
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2.3.5.2 Argentina
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2.3.5.3 Rest of South America
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Patient Recliners Market Size FAQs
What is the current Patient Recliners Market size?
The Patient Recliners Market is projected to register a CAGR of 12.5% during the forecast period (2024-2029)
Who are the key players in Patient Recliners Market?
Krueger International Inc, Steelcase Inc, Stryker Corporation, La-Z-Boy Inc and Herman Miller Inc (Nemschoff Inc) are the major companies operating in the Patient Recliners Market.
