by Portering chairs are movable medical chairs used for transporting patients and assisting their mobility within healthcare facilities. Porter chairs help patients who have limited mobility issues and require assistance during transfer or transport. They are primarily used in hospitals, nursing homes, elderly homes, and other clinical settings. Porter chairs provide safety, comfort, and convenience to patients during transportation. They are equipped with features like adjustable heights, foldable frames, detachable footrests, and wheel brakes for secure movement. The global portering chair market is gaining traction due to the rapidly growing geriatric population worldwide who are more prone to mobility issues. As per the United Nations, the population aged 60 years and above is expected to reach 2.1 billion by 2050 from 1 billion in 2020. The rise in chronic diseases among the elderly population requiring assisted mobility is driving the demand for portering chairs.
The global portering chair market is estimated to be valued at US$ 616.09 Mn in 2023 and is expected to exhibit a CAGR of 14% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights.
Market Dynamics:
Growing Geriatric Population: As mentioned in the overview, the world’s geriatric population is growing rapidly and expected to double by 2050. Older adults are more susceptible to mobility issues due to arthritis, joint pain, fractures, and other chronic conditions. This has significantly increased the demand for assisted mobility devices like portering chairs from hospitals, nursing homes, and elderly care facilities. Porter chairs provide safe and convenient transportation of elderly patients within clinical settings.
Rise in Chronic Diseases: Chronic diseases prevalence is also increasing globally due to changing lifestyles and aging. Diseases like diabetes, obesity, cardiovascular disorders require long-term care and treatment impacting mobility. They often lead to joint stiffness, muscle weakness, and difficulty in walking among patients. This has propelled the need for portering chairs for secure intra-facility transportation of chronically ill patients. Their adjustable features provide flexibility and support to patients based on their health condition.
Segment Analysis
The portering chair market is dominated by the standard portering chairs segment which accounts for over 45% of the market share. These standard portering chairs are highly affordable and customizable as per the needs of patients. They are the most commonly used portering chairs in clinics, hospitals and other healthcare facilities for mobility support for patients who cannot walk on their own. Features like adjustable armrest, backrest and sturdy design make these standard chairs the preferred choice among users.
PEST Analysis
Political: Governments across many countries are focusing on improving access to quality healthcare and there are policies supporting investments in medical facilities and infrastructure. This is positively impacting the demand for medical equipment like portering chairs.
Economic: Rising geriatric population globally and increasing cases of disabilities are driving the need for assistive devices. Higher healthcare spending and investments in emerging markets are fueling the growth of the portering chair market.
Social: Growing awareness about personal healthcare and well-being is encouraging people to seek timely medical assistance. Also, there is less social stigma now around conditions requiring mobility support. This is propelling the adoption of portering chairs.
Technological: Manufacturers are launching innovative portering chairs integrated with features like battery-powered operation, ergonomic designs and lightweight materials for added comfort and convenience of patients.
Key Takeaways
The Global Portering Chair Market Growth is expected to witness high growth over the forecast period. The global portering chair market is estimated to be valued at US$ 616.09 Mn in 2023 and is expected to exhibit a CAGR of 14% over the forecast period 2023 to 2030.
Regionally, North America dominates currently due to advanced healthcare infrastructure and higher expenditure on assistive devices. However, Asia Pacific is emerging as the fastest growing regional market with countries like China and India becoming major production and consumption hubs. This rapid growth can be credited to improving access to healthcare in India and China along with a steadily increasing aging population base that is driving the demand for mobility assistance equipment like portering chairs in these countries.
Key players
Key players operating in the portering chair market are Abbott Laboratories, Pfizer Inc., Abbvie Inc., Biocon, F. Hoffmann-La Roche Ltd., PerkinElmer, Inc., Astrazeneca Plc., Illumina, Inc., Sanofi S.A., Qiagen, Twist Bioscience, Thermo Fisher Scientific Inc., Biointron, Merck & Co., Inc., Sino Biological Inc., GeneWiz (Azenta Life Sciences), Danaher Corporation, and Synbio Technologies. These players are focusing on developing innovative product features and expanding to emerging regions with high market potential.
*Note:
1. Source: Coherent Market Insights, Public sources, Desk research
2. We have leveraged AI tools to mine information and compile it
