PORTERING CHAIR MARKET ANALYSIS

Portering Chair MarketSize and Trends

The global portering chair market size was valued at US$ 544.8 million in 2017 and is expected to witness a CAGR of 6.2% over the forecast period (2018 – 2026).

Increasing incidence of chronic diseases, trauma, and neurological conditions is expected to drive the portering chair market revenue

Increasing geriatric population in need of medical services, owing to escalating prevalence of chronic diseases such as cardiovascular disorders, diabetes, and infectious diseases is expected to drive the global portering chair market growth. According to the Centers for Disease Control and Prevention (CDC) foundation, 2015, around 800,000 people in the U.S. die due to stroke and other cardiovascular diseases. 

Furthermore, increasing number of sport injuries including fractures and bone dislocation is expected to boost demand for portering chairs. According to the American Academics of Pediatrics 2015 report, 775,000 children aged 14 years and younger are admitted in hospital emergency rooms for sports-related injuries, annually. MRI portering chairs are expected to foresee significant demand due to increasing prevalence of chronic diseases such as cancer, respiratory diseases, and rheumatoid arthritis. According to the National Cancer Institute, in 2014, around 66,771 people suffered from liver and intrahepatic bile duct cancer in the U.S.

Portering chairs are also used to transport obese patients. Therefore, increasing prevalence of obesity is a major factor driving growth of the portering chair market. According to the National Center for Health Statistics report, over 30% of adults in the U.S. were obese in 2012. All these factors are expected to collectively increase demand for various types of portering chairs, thereby driving growth of the global portering chair market.

Global Portering Chair Market Share (%) Analysis, By Chair Type 2017

Source: Coherent Market Insights Analysis (2018)

Global Portering Chair Market Value (US$ Mn) & Y-o-Y Growth (%)

Source: Coherent Market Insights Analysis (2018)