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Stretcher Chairs Market Size, Share, Industry Trends and Forecast to 2030

Stretcher Chairs Market Research Report – Segmented By Region (North America, Europe, Asia-Pacific, Middle-East & Africa, Latin America) – Analysis on Size, Share, Trends, COVID-19 Impact, Competitive Analysis, Growth Opportunities and Key Insights from 2019 to 2030.


  • Published date -30th Jan 2024

  • Formats -PDF, CSV

  • Region -Global

Stretcher Chairs Market Size & CAGR in 2021

The global market size of stretcher chairs in 2021 was estimated to be USD 1.5 billion. The market is expected to have a Compound Annual Growth Rate (CAGR) of 4.5% from 2021 to 2026. This growth is attributed to the increasing demand for stretcher chairs in hospitals, ambulatory care centers, and other healthcare facilities globally. The market size is projected to reach USD 2.1 billion by the end of 2026.

COVID-19 Impact on the Stretcher Chairs Market

The COVID-19 pandemic has significantly impacted the stretcher chairs market. Due to the surge in COVID-19 cases, hospitals and healthcare facilities experienced a high demand for stretcher chairs to accommodate the increasing number of patients. The pandemic led to the temporary closure of non-essential healthcare services, resulting in a decline in the overall usage of stretcher chairs. However, with the gradual reopening of healthcare facilities and the ongoing vaccination drives, the market is expected to recover and witness steady growth in the coming years.

Stretcher Chairs Dynamics

The global stretcher chairs market is driven by the increasing prevalence of chronic diseases, rising geriatric population, and technological advancements in healthcare equipment. The demand for stretcher chairs is also influenced by the growing investments in healthcare infrastructure and the adoption of advanced medical devices. Moreover, the need for efficient patient transfer and comfortable transportation within healthcare facilities contributes to the market growth. However, factors such as high cost associated with stretcher chairs and budget constraints in healthcare settings may hinder market expansion.

Segments and Related Analysis

By Type

The stretcher chairs market is segmented based on type, including fixed height stretcher chairs, adjustable height stretcher chairs, and bariatric stretcher chairs. Among these, the adjustable height stretcher chairs segment dominated the market in 2021, owing to their versatility and ease of use in different healthcare settings. The bariatric stretcher chairs segment is expected to witness significant growth due to the rising prevalence of obesity-related conditions.

By End-User

Based on end-user, the stretcher chairs market is categorized into hospitals, ambulatory care centers, and others. Hospitals accounted for the largest market share in 2021, as they are the primary users of stretcher chairs for patient care and transportation. Ambulatory care centers are anticipated to show considerable growth due to the increasing number of outpatient procedures and surgeries.

By Region Analysis

North America

In North America, the stretcher chairs market is driven by the presence of well-established healthcare infrastructure, technological advancements, and high healthcare expenditure. The region witnessed a significant demand for stretcher chairs during the COVID-19 pandemic, which is expected to fuel market growth in the coming years.

Europe

Europe is a key market for stretcher chairs, with countries like Germany, France, and the UK leading in terms of market share. The region's aging population and increasing healthcare investments support market growth. The emphasis on patient comfort and safety in healthcare facilities further boosts the demand for advanced stretcher chairs.

Asia Pacific

The Asia Pacific region is witnessing rapid growth in the stretcher chairs market due to the expanding healthcare sector, growing medical tourism, and rising awareness about patient care. Countries like China and India are investing in modernizing their healthcare infrastructure, which creates opportunities for stretcher chairs manufacturers.

Key Market Players and Competitive Landscape

The stretcher chairs market is highly competitive, with key players including Stryker Corporation, Hill-Rom Holdings, Inc., Getinge AB, and Invacare Corporation. These companies focus on product innovation, strategic partnerships, and mergers to strengthen their market presence. The competitive landscape is characterized by new product launches and technological advancements aimed at enhancing patient comfort and caregiver efficiency.

Recent Happenings in the Stretcher Chairs Market

In recent years, the stretcher chairs market has witnessed several developments, including the introduction of ergonomic designs, lightweight materials, and advanced safety features. Manufacturers are emphasizing user-friendly features and customization options to meet the diverse needs of healthcare facilities. Furthermore, collaborations between healthcare providers and equipment suppliers are driving innovation in stretcher chairs to ensure optimal patient care and transport.

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