by 
Patient recliners are chairs or seats designed to provide comfort and adjustability for patients and elders experiencing medical conditions or disabilities. The global patient recliners market includes various products such as treatment or chemotherapy recliners, bariatric recliners, cardiac care recliners, and lift recliners. These recliners help patients and users to relax in different positions ranging from laying down to slightly reclined and seated. They are being increasingly used across home care settings, hospitals, clinics, and nursing homes for convenient positioning, support, and care assistance. 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 2023 to 2030, as highlighted in a new report published by Coherent Market Insights.
Market Dynamics:
The growth of the patient recliners market is mainly driven by the rising geriatric population worldwide. As per the United Nations, the population aged 60 years or above is projected to rise from 900 million globally in 2015 to 1.4 billion in 2030. The aging population is more susceptible to disabilities and medical conditions that require assisted support solutions. Hence, patient recliners have garnered massive traction. Another factor fueling the demand is the growing prevalence of obesity. According to the World Health Organization, over 1.9 billion adults were overweight in 2016 of which around 650 million were obese. Bariatric patient recliners have thus emerged as a necessary medical furniture for healthcare facilities as well as home care settings. Furthermore, rapid technological advancements have enhanced functionalities and features of recliners making them a preferred choice for patient mobility and post-operative recovery. For instance, powered lift recliners allow easy transitioning of patients from sitting to sleeping position with just a click of a button, thereby boosting market growth.
SEGMENT ANALYSIS
Patient Recliners Market can be segmented into 2 segments based on product and end use. The manual recliners segment dominates current market revenue, accounting for around 60% share. This is mainly because manual recliners are more affordable and adequate for non critical patients. However, powered recliners segment is growing at a faster pace considering increasing elderly population and patients requiring intensive care. This segment is expected to gain around 200 bps in market share over the forecast period.
PEST ANALYSIS
Political: Growth in healthcare expenditure across major countries is positively impacting market growth. Governments are supporting innovations in medical device industry by offering tax incentives.
Economic: Rising cases of lifestyle disorders and ageing population globally is resulting in increased demand for patient recliners. According to WHO, number of people aged above 60 years will double by 2050.
Social: Changing attitudes towards healthcare is enabling greater acceptance of medical devices for treatment and patient comfort. Availability of easy financing options and insurance coverage are also aiding market growth.
Technological: Introduction of powered recliners equipped with advanced features like adjustable backrest, leg rest and wireless remote are gaining popularity. Integration of artificial intelligence capabilities will further enhance patient care.
KEY TAKEAWAYS
The global patient recliners market is expected to witness high growth supported by rapid urbanization, increasing healthcare investments and growing elderly population worldwide.
North America dominates current sales, fueled by increasing healthcare expenditure, availability of advanced medical technologies and well established healthcare systems in countries like United States and Canada. In North America, the United States holds majority market share due to ever expanding healthcare infrastructure and presence of major players.
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.
*Note:
1. Source: Coherent Market Insights, Public sources, Desk research
2. We have leveraged AI tools to mine information and compile it
