Patient Recliners Market to Reach US$ 1.3 Billion by 2023, Registering a CAGR of 7.3%

Market Overview:

The global Patient Recliners market is projected to reach a value of US$ 1.3 billion by 2023, growing at a CAGR of 7.3% during the forecast period. Patient recliners are specially designed chairs used in healthcare facilities for patients seeking comfort and relaxation during their stay. These recliners offer various advantages, including adjustable positions, easy mobility, and enhanced patient comfort. They are widely used in hospitals, clinics, and long-term care facilities, contributing to the growth of the market. The increasing focus on patient comfort, along with rising healthcare expenditure, is driving the demand for patient recliners globally.

Market Key Trends:

One key trend in the patient recliners market is the growing adoption of technologically advanced recliners. With advancements in healthcare technology, patients’ comfort and convenience have become a significant focus area for healthcare providers. Technologically advanced patient recliners offer additional features such as built-in entertainment systems, adjustable temperature control, and integrated healthcare devices. These recliners are designed to enhance patient comfort and improve overall healthcare experiences. The integration of advanced technology in patient recliners is expected to drive market growth during the forecast period.

Segment Analysis:

The patient recliners market can be segmented based on product type, end-user, and region. In terms of product type, the market can be classified into manual recliners and electric recliners. The electric recliners segment is expected to dominate the market during the forecast period. This can be attributed to the increasing demand for advanced and automated recliners, which offer enhanced comfort and convenience to patients. Electric recliners allow easy adjustment of positions, making it suitable for patients with limited mobility or those undergoing long-duration treatments. Moreover, the integration of advanced features such as heating, massage, and remote control options further contributes to the dominance of the electric recliners segment.

In terms of end-users, the market can be divided into hospitals, clinics, ambulatory surgical centers, and others. Among these, hospitals are the leading end-users of patient recliners. This can be attributed to the large patient pool in hospitals and the increasing adoption of patient recliners for various healthcare procedures, such as dialysis, chemotherapy, and recovery after surgery. Furthermore, the rising number of hospital admissions and the focus on patient comfort and satisfaction are expected to drive the demand for patient recliners in hospitals.

Key Takeaways:

The global patient recliners market is expected to witness high growth, exhibiting a CAGR of 7.3% over the forecast period of 2023-2030. The market is driven by several factors, including the increasing prevalence of chronic diseases, the growing geriatric population, and the rising demand for enhanced patient comfort and care. Moreover, technological advancements in patient recliners, such as the integration of advanced features and materials, are further fueling market growth.

In terms of regional analysis, North America is expected to be the fastest-growing and dominating region in the patient recliners market. This can be attributed to the presence of a well-established healthcare infrastructure, increasing healthcare expenditure, and the adoption of advanced healthcare technologies in the region. Furthermore, the high prevalence of chronic diseases and the growing geriatric population in North America contribute to the demand for patient recliners.

Key players operating in the patient recliners market include Medline Industries, Inc., Krueger International, Herdegen, J.D. Honigberg International, Inc., GF Health Products, Inc., Nemschoff, Gendron, Inc., Reliable Life, Malvestio Spa, and Stryker Corporation. These players are focusing on product innovation, strategic collaborations, and mergers and acquisitions to strengthen their market presence and gain a competitive edge. The increasing investments in research and development activities to develop technologically advanced recliners are also expected to drive the market growth.

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