Chemotherapy Chairs Market Growth to register a CAGR of 5.9% to reach USD 797.5 Million by 2026, Owing to Increasing Adoption of Chemotherapy Chairs
Impact Analysis of Covid-19
The complete version of the Report will include the impact of the COVID-19, and anticipated change on the future outlook of the industry, by taking into the account the political, economic, social, and technological parameters.
According to the Global Chemotherapy Chairs Market Report, by Chair Type (Electric, Hydraulic, and Manual), By Demographics (Pediatric Population and Adult Population), By End User (Hospitals and Specialty Clinics), and by Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa), published by Coherent Market Insights, the global chemotherapy chairs market is estimated to be valued at US$ 503.5 million in 2018, and is projected to exhibit a CAGR of 5.9% over the forecast period (2019 – 2026).
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Increasing adoption of chemotherapy chairs is expected to propel growth of the global chemotherapy chairs market over the forecast period. For instance, in June 2018, Mankato Clinic installed 12 new infusion chairs, called Medcor infusion chairs in its infusion center. Moreover, availability of multi-purpose chemotherapy chairs is also expected to aid in growth of the market. For instance, Champion Manufacturing, Inc. offers Elevate Multi-Purpose Chair, an infusion chair with Trendelenburg foot switches on both sides of underframe. It has rechargeable battery back-up, motorized vertical height adjustment, central locking brake system, articulating armrest for ease of patient transfer, and with an adjustable head pillow.
Major organizations are focused on donating to improve the quality of care for cancer patients, which is expected to aid in growth of the market. For instance, in March 2019, The Volunteer Association made donation to the Thunder Bay Regional Health Sciences Center, which was used to purchase three new heated chemotherapy chairs for patients receiving chemotherapy treatment.
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Among chair type, the electric chairs segment is expected to hold dominant position in the global chemotherapy chairs market during the forecast period. This is attributed to various features offered by electric chemotherapy chairs. For instance, Favero Health Projects’ chemotherapy chair Zoe 3 is designed for one-day hospital and/or oncology treatment and features five motors for maximum position adjustment, thick padded sections for maximum comfort, wide padded armrests adjustable in three-axis orientation, adjustable headrest support, and electrically controlled footrest variation. The chemotherapy chair also has centralized and direction lock with foot brake and optional backup battery power supply.
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Key Takeaways
- The global chemotherapy chairs market is expected to witness a CAGR of 5.9% during the forecast period (2019–2026)
- Increasing adoption of chemotherapy chairs is expected to propel growth of the global chemotherapy chairs market over the forecast period
- Major players operating in the global chemotherapy chairs market include BMB Medical, Earthlite Medical, Nanning Passion Medical Equipment, Likamed GmbH, GREINER GmbH, Bionic Medizintechnik GmbH, and Paramount Bed Co. Ltd.
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