Patient Recliners Market

Patient Recliners Market Analysis

The Patient Recliners Market is expected to register a CAGR of 12.5% during the forecast period.

Patient Recliners Market Trends

Patient Room Recliners Segment is Expected to Hold the Largest Market Share in the Patient Recliners Market

The patient room recliners segment is expected to account for the largest revenue over the forecast period. The dominance can be attributed to their durability, versatility, and enhanced comfort to the patient and the caregiver. These can be used in various treatment types, including oncology, surgery, infusion, dialysis, and orthopedics, and they are well known as positional care recliners. The higher demand for these medical recliners can be due to increased adoption by the physicians in developed countries across a wide range of medical facilities, leading to the segment's growth. On the other hand, the bariatric recliners segment is expected to witness the fastest CAGR throughout the forecast period. Growing demand can be due to salient features suitable for the treatment of obese people like enhanced weight capacity. Also, the rising burden of obesity among industrialized economies resulted in higher demand for the segment propelling the overall growth of the market.

North America Dominates the Market and Expected to do Same in the Forecast Period.

North America is expected to dominate the overall patient recliners market throughout the forecast period. Dominance is due to the growing prevalence of various chronic diseases like obesity and orthopedic events. Also, the rising prevalence of chronic musculoskeletal problems associated with Spine and back-related disorders is expected to fuel the market. As per the survey report published by the National Centre for Health Statistics in 2017, about 52.1% of people aged 18 years and older have suffered pain from any muscle, joint, or bone. Also, low back pain was the most common pain, affecting 28.6% of the people in the United States. Thus, the presence of a huge target population results in a higher demand for these products. Additionally, patients' increased preference for comfort due to high disposable income in the US boosts the global patient recliners market in the region.

Patient Recliners Industry Overview

The patient recliners market is moderately competitive and consists of several major players. Few of the prominent players dominating the market are implementing various strategies, like mergers and acquisitions and developing products that enhance the comfort to patients. In October 2019, Herman Miller Inc acquired a majority stake in HAY A/S manufacturer of well-designed products. The acquisition further expanded its retail, ancillary products, and contract furnishing footprint and accelerated the global growth of the HAY brand. Such strategic trends in the market will positively impact the patient recliners market over the forecast period. Some of the companies which are currently dominating the market are Steelcase Inc, Krueger International Inc, Stryker Corporation, La-Z-Boy Inc, and Herman Miller Inc (Nemschoff Inc).

Patient Recliners Market Leaders