August 05, 2022
According to the research report titled ‘Global Stretcher Chairs Market - Analysis By Product Type, Technology, End-User, By Region, By Country (2022 Edition): Market Insights & Forecast with Impact of COVID-19 (2022-2028)’, available with MarketStudyReport, global stretcher chairs market was worth USD 198.56 million in 2019 and is anticipated to register a healthy CAGR over 2022-2028.
According to business analysts, increasing number of surgical & operating procedures, growing spending toward health, burgeoning population around the world, soaring geriatric population, and rising prevalence of chronic diseases are the major growth stimulants for global stretcher chairs market. Notably, portable and flexible nature of stretcher chairs aids in patient transportation.
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Amidst the COVID-19 pandemic, manufacturing operations and supply chain were disrupted, causing a slump in market share. However, soaring hospitalization leading to massive demand for medical & hospital furniture augmented the sales of stretcher chairs, thus adding to market remuneration in the recent past.
Based on product type, the industry is split into special and general. In terms of end-user, the market is divided into clinics, ambulatory surgical centers, hospitals, and others. On the basis of technology, worldwide stretcher chairs industry is bifurcated into manual and powered.
Regionally, North America (U.S., Canada), Asia Pacific (India, China, Japan,), (Germany, Spain, France, UK, Italy), Latin America, and Middle East & Africa are thoroughly examined to discover opportunities and understand the ever-changing industry dynamics.
Among these, Asia Pacific market is slated to witness considerable expansion in the coming years, owing to booming population with chronic illness, burgeoning healthcare automation, and rising medical spending by both private and public authorities in nations like Japan, China, and India.
Medifa-Hesse GmbH & Co. KG., Novymed International BV, UFSK-International OSYS GmbH, Amtai Medical Equipment Inc., IBIOM Instruments Ltée/Ltd., Hill-Rom Holdings Inc., Wy'East Medical Corporation, Winco Mfg. LLC, GF Health Products Inc., and Stryker Corporation are the leading players in global stretcher chairs market.
In order to increase their revenue and meet the fostering demand for stretcher chairs, the manufacturers are concentrating on partnerships as well as technological advancement with hospitals and clinics.