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Patient recliners are medical chairs designed to accommodate patients during medical treatments, recovery or long-term care. They provide various recline positions and features for comfort, safety and ease of use like adjustable handles, side rails and leg rests. Patient recliners help in maintaining posture and positioning of patients in hospitals and clinics. They assist bed-ridden patients during physiotherapy, chemotherapy and other outpatient procedures. The growing geriatric population suffering from chronic illnesses is driving the demand for patient recliners across hospitals and long-term care facilities.
The global Patient Recliners Market is estimated to be valued at US$ 10.3 Bn in 2024 and is expected to exhibit a CAGR of 6.8% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights.
Market key trends:
One of the key trends in the patient recliners market is the growing demand for technologically advanced features. Manufacturers are focusing on developing recliners integrated with innovative technologies for enhanced functionality, monitoring and safety. For instance, smart recliners are equipped with sensors, monitors and connectivity options to remotely track vital signs, posture and movements of patients. They also alert caregivers in case of emergencies. Furthermore, powered recliners with automatic settings are gaining popularity as they offer hassle-free adjustments via remote or touchscreen control boards. Their self-positioning systems relieve healthcare workers from manual repositioning tasks. Rising demand for feature-rich medical chairs ensuring independent mobility and quality care will continue shaping the patient recliners market over the forecast period.
Porter’s Analysis
Threat of new entrants: The threat of new entrants is moderate in the patient recliners market.New players need high capital investment to set up manufacturing facilities and compete with existing players.Bargaining power of buyers: The bargaining power of buyers is moderate.Buyers can negotiate on pricing and specifications but product choices are limited to a few major players.Bargaining power of suppliers: The bargaining power of suppliers is low since raw materials required are commodity products and there are many suppliers.Threat of new substitutes: The threat of substitutes is low as there are limited substitutes available for patient recliners.Competitive rivalry: Competition is high among the major players to gain market share through new product launches, innovative designs and regional expansion.
Key Takeaways
The global patient recliners market is expected to witness high growth.
Regional analysis: North America commands the largest share in the global patient recliners market due to increasing incidence of chronic diseases and rising obese population. Asia Pacific is expected to grow at the fastest pace during the forecast period owing to rising healthcare expenditure, increasing number of hospitals, and growing medical tourism in countries such as India and China.
Key players: Key players operating in the patient recliners market are Medline Industries, LP., Krueger International (KI), Herdegen, J.D. Honigberg International, Inc., GF Health Products, Inc., Herman Miller, Inc., Gendron, Inc., Malvestio Spa, Stryker Corporation, Narula Udyog India Private Limited, Recliners India Private Ltd, Champion Chair, SaikangMedical, SeniorCare.com, and Jiangsu Yongfa Medical Equipment Technology Co., Ltd. Medline Industries is one of the leading players offering new ergonomic designs and expanding its product portfolio through acquisitions.
*Note:
1. Source: Coherent Market Insights, Public sources, Desk research
2. We have leveraged AI tools to mine information and compile it
