The Asia Pacific Bariatric Medical Chairs Market would witness market growth of 7.5% CAGR during the forecast period (2023-2030).In the year 2021, the Asia Pacific market's volume surged to 140.9 thousand units, showcasing a growth of 7.0% (2019-2022).
The bariatric surgery sector is also growing due to the rising demand for weight loss procedures. The demand for weight loss operations has significantly increased in recent years as the prevalence of overweight and obesity continues to grow. The individual's particular needs, health state, and tastes play a role in the strategy they choose to lose weight. Both surgical and non-surgical weight loss operations are now widely available.
In spite of prevailing societal stigmas around weight reduction and body image, there has been a growing acceptance of and availability of these procedures for those aiming to improve their overall well-being and self-perception. Furthermore, improvements in medical technology and surgical methods have improved the efficacy, security, and accessibility of weight loss procedures. Hence, the demand is also expected to rise.
Moreover, the major players in the healthcare industry are constantly working to create and introduce technologically cutting-edge hospital furniture to support the government's initiatives to improve the healthcare infrastructure. In addition, several domestic companies are expanding into regional sectors to meet the population's rising needs and improve healthcare infrastructure.
On December 28, 2021, China proposed a comprehensive strategy for advancing the medical equipment industry during the 14th Five-Year Plan period (2021-2025). This initiative is aimed at enhancing public health and well-being. According to the strategy, the nation intends to expedite the incorporation of information technology into the medical equipment sector by 2025. The healthcare sector is experiencing an influx of investment from domestic and foreign investors. This funding is being utilized to support established hospital chains' growth efforts and new initiatives development. As a result, demand in the Asia Pacific region will grow in the coming years.
The China market dominated the Asia Pacific Bariatric Medical Chairs Market by Country in 2022 and would continue to be a dominant market till 2030; thereby, achieving a market value of $59.3 million by 2030. The Japan market is estimated to witness a CAGR of 6.9% during (2023 - 2030). Additionally, The India market would register a CAGR of 8.2% during (2023 - 2030).
Based on End-use, the market is segmented into Hospitals, Clinics, and Others. Based on Type, the market is segmented into Manual Adjustment, and Automatic Adjustment. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
Free Valuable Insights: The Worldwide Bariatric Medical Chairs Market is Projected to reach USD 781.8 Million by 2030, at a CAGR of 7.1%
The market research report covers the analysis of key stakeholders of the market. Key companies profiled in the report include Stryker Corporation, K Care Healthcare Solutions, Champion Manufacturing Inc. (DW Healthcare Partners), Kwalu (Dunes Point Capital), GF Health Products, Inc., Hill-Rom Holdings, Inc. (Baxter International, Inc.), Sauder Manufacturing Co. (Sauder Woodworking Co.) (Wieland-Werke AG), Navailles, Global Furniture Group, and MillerKnoll, Inc.
By End-use (Volume, Thousand Units, USD Thousands, 2019-2030)
By Type (Volume, Thousand Units, USD Thousands, 2019-2030)
By Country (Volume, Thousand Units, USD Thousands, 2019-2030)
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