Patient recliners are chairs specially designed to provide comfort and support for patients during their recovery or treatment procedures. Patient recliners come equipped with features like adjustable backs and leg rests allowing patients to adjust positions easily. They are made using breathable, durable and antimicrobial fabrics ensuring comfort and hygiene. Patient recliners are also highly customizable as per medical needs with power-operated features, canopy or trays. They provide ergonomic support, pressure redistribution and promote circulation.
The global Patient Recliners Market is estimated to be valued at US$ 10.3 Bn in 2024 and is expected to exhibit a CAGR of 6.8% over the forecast period 2024-2030, as highlighted in a new report published by Coherent Market Insights.
Market Opportunity:
Growing geriatric population suffering from chronic illnesses is increasing the demand for long-term medical care. Rise in hospitalization rates along with preference for home healthcare is driving the need for comfortable patient recliners across healthcare facilities as well as homecare settings. Features offered by advanced motorized patient recliners like adjustable positions, powered leg rests and battery backups are helpful for patients undergoing long-term treatments and recovering from surgeries. Increasing investments by manufacturers to developed specialized recliners tailored as per therapy needs will further support the high growth of this market over the forecast period.
Porter’s Analysis
Threat of new entrants: Low barriers to entry leads to high threat. The global patient recliners market is fragmented. Bargaining power of buyers: Large buyers have significant bargaining power due to availability of substitutes. Bargaining power of suppliers: Suppliers have moderate bargaining power due to availability of substitutes. Threat of new substitutes: Substitute products like medical beds offer threat to patient recliners. Competitive rivalry: Intense competition exists due to presence of large and small players offering customized products.
SWOT Analysis
Strengths: Growing geriatric population demanding home medical equipment boosts demand. Recliners offer comfort during rehabilitation or recovery.
Weaknesses: High costs of specialized recliners limits sales. Lack of awareness in developing nations is a challenge.
Opportunities: Rising investments in healthcare infra across developing nations present opportunities. Innovation in designs catering to specific needs will aid growth.
Threats: Stringent regulations on medical devices increase compliance costs. Economic slowdowns impact discretionary healthcare spending.
Key Takeaways
The global patient recliners market is expected to witness high growth due to rising geriatric population worldwide requiring long-term medical care at home or nursing facilities.
Regional Analysis: North America dominates the market currently due to supportive reimbursement policies and rising healthcare spending in the region. The Asia Pacific region is expected to grow at the fastest pace during the forecast period supported by improving access to healthcare services aided by increasing investments.
Key players operating in the patient recliners market are Medline Industries, LP., Krueger International (KI), Herdegen, J.D. Honigberg International, Inc., GF Health Products, Inc., Herman Miller, Inc., Gendron, Inc., Malvestio Spa, Stryker Corporation, Narula Udyog India Private Limited, Recliners India Private Ltd, Champion Chair, SaikangMedical, SeniorCare.com, and Jiangsu Yongfa Medical Equipment Technology Co., Ltd. These companies are focusing on new product launches and penetrating emerging economies to strengthen their positions.
You can find plenty of options when you buy modern recliners online.
If you are not sure about the size and shape of the recliner, you can go with a classic recliner model.
Always pick a recliner based on how long you wish to keep it.
