Request Sample Inquiry
Transfer Chairs Market

Transfer Chairs Market

Transfer Chairs Market - Global Industry Assessment & Forecast

Number Of Pages # Pages:

Base Year:

2022

Date

Nov - 2021

Format:

PDF XLS PPT

Report Code:

VMR-VMR-2021-0882

Segments Covered
  • By Category By Category Adult, Geriatric, Pediatric
  • By Frame Material By Frame Material Aluminum, Steel
  • By End-use By End-use Healthcare Facilities, Public Facilities
  • By Region By Region North America, Europe, Asia Pacific, Latin America, Middle East & Africa
Snapshot
Base YearBase Year: 2022
Forecast YearsForecast Years: 2023 - 2030
Historical YearsHistorical Years: 2017 - 2021
Revenue 2022Revenue 2022: USD 1150.2 Million
Revenue 2030Revenue 2030: USD 1767.8 Million
Revenue CAGRRevenue CAGR (2023 - 2030): 5.5%
Fastest Growing Region Fastest Growing Region (2023 - 2030) Asia Pacific
Largest Region Largest Region (2022): North America
Customization Offered
  • Cross-segment Market Size and Analysis for Mentioned Segments Cross-segment Market Size and Analysis for Mentioned Segments
  • Additional Company Profiles (Upto 5 With No Cost) Additional Company Profiles (Upto 5 With No Cost)
  • Additional Countries (Apart From Mentioned Countries) Additional Countries (Apart From Mentioned Countries)
  • Country/Region-specific Report Country/Region-specific Report
  • Go To Market Strategy Go To Market Strategy
  • Region Specific Market Dynamics Region Specific Market Dynamics
  • Region Level Market Share Region Level Market Share
  • Import Export Analysis Import Export Analysis
  • Production Analysis Production Analysis
  • Other Others Request Customization Speak To Analyst
Transfer Chairs Market Share

The global Transfer Chairs Market is valued at USD 1150.2 Million in 2022 and is projected to reach a value of USD 1767.8 Million by 2030 at a CAGR (Compound Annual Growth Rate) of 5.5% between 2023 and 2030.

Premium Insights

The growth of the Transfer Chairs market is experiencing growth and significance due the global aging population, which has led to an increased demand for mobility aids and transfer solutions in healthcare and home settings. Chronic diseases, such as arthritis and osteoporosis, are also becoming more prevalent, further driving the need for transfer chairs. Technological advancements, including lightweight materials and enhanced portability, are meeting the changing needs of users and contributing to market expansion. Moreover, there is a growing awareness of the importance of providing safe and comfortable transfer options in healthcare facilities and households, which is fostering market demand.

  • The pursuit of improved patient care and enhanced quality of life for those with mobility challenges also drives the market, establishing transfer chairs as essential tools in addressing diverse healthcare and lifestyle requirements
  • North America generated more than 39.8% of revenue share in 2022
  • Asia Pacific is expected to grow at the quickest rate from 2023 to 2030
  • Adult segment accounted for the largest market growth of 46.8% in 2022
  • Aluminum segment accounts for the most significant market share of 60.5% in 2022
  • Healthcare Facilities accounts for largest market share of 65.5% in 2022

Economic Insights

The Transfer Chairs market is thriving and expanding due to changing demographics, technological advancements, and healthcare needs. By investing in research and development to create innovative and efficient transfer chairs, the industry contributes to economic growth. Additionally, the market's response to economic conditions, such as healthcare budget fluctuations and consumer purchasing power, greatly influences the direction of the industry. As the transfer chair market evolves, it is important to recognize the interconnectedness of healthcare trends, technological advancements, and economic factors to develop adaptive strategies for continued growth and market resilience.

Transfer Chairs Market Size, 2022 To 2030 (USD Million)

AI (GPT) is here !!! Ask questions about Transfer Chairs Market
Loading....

Top Market Trends

  • Increasing demand for home care: As people live longer and experience more chronic conditions, the demand for home care is rising. Transfer chairs play a crucial role in supporting individuals with mobility impairments, enabling them to maintain independence and reside in their own homes.
  • Growing popularity of lightweight and portable transfer chairs: Transfer chairs that are lightweight and portable are gaining more popularity due to their convenient transportability and ease of use. This is of special significance for individuals who frequently travel or reside in compact living spaces.
  • Rising demand for multifunctional transfer chairs: The popularity of multifunctional transfer chairs is on the rise due to their ability to serve various purposes, including bathing, toileting, and ambulation. This helps minimize the requirement for multiple equipment.
  • Increasing adoption of power transfer chairs: The rising popularity of power transfer chairs is attributed to their ability to enhance independence and mobility for individuals with significant mobility limitations.
  • Growing demand for transfer chairs with advanced features: The sophistication of transfer chairs is constantly growing, as they now offer various advanced features such as reclining backrests, adjustable leg rests, and headrests. These features have the ability to enhance comfort and provide better support for users.

Market Segmentation

Transfer Chairs The global Transfer Chairs market can be categorized into Category , Frame Material , End-use , Region. The Transfer Chairs market can be categorized into Adult, Geriatric, Pediatric based on Category . The Transfer Chairs market can be categorized into Aluminum, Steel based on Frame Material . The Transfer Chairs market can be categorized into Healthcare Facilities, Public Facilities based on End-use . The Transfer Chairs market can be categorized into North America, Europe, Asia Pacific, Latin America, Middle East & Africa based on Region.

Report Coverage & Deliverables

PDF report & online dashboard will help you understand:

  • Real-Time Data Updates:
  • Competitor Benchmarking
  • Market Trends Heatmap
  • Custom Research Queries
  • Market Sentiment Analysis
  • Demographic and Geographic Insights

Get Access Now

Below tree is interactive. You can click the nodes to get more information.

Based on Product

Adult holds the largest share

Adult plays a crucial role in the Transfer Chairs market, holding the largest share due to the aging population, an increased prevalence of chronic diseases like arthritis and osteoporosis among adults. The growing demand for transfer chairs is also influenced by the desire for lightweight and portable designs, which cater to the changing needs of users and caregivers. With a shifting demographic landscape and a greater focus on health considerations, the adult segment is expected to maintain its market share, reflecting a growing reliance on transfer chairs to enhance mobility and ease of use.

Based on Frame Material

Aluminum accounts for largest market share

Aluminum has emerged as the dominant material for Transfer Chairs, holding the largest market share due to the advantageous properties of aluminum, including its lightweight nature, durability, and resistance to corrosion, which make it an ideal choice for manufacturing transfer chairs. The market's preference for aluminum frames highlights the importance of creating transfer chairs that are both sturdy and reliable, as well as lightweight for easy use and portability.

Based on End-use

Healthcare Facilities lead the market

Healthcare facilities lead the market in 2022 due to their essential role in ensuring the safe and efficient movement of patients within healthcare settings. This dominance is driven by the increasing demand for patient care and mobility solutions. Healthcare facilities prioritize transfer chairs to enhance the well-being and comfort of patients during transfers in different areas and departments.

Based on Region

North America will lead the market

The Transfer Chairs market in North America has the largest market share due to a well-established healthcare infrastructure, a growing elderly population, and an increasing recognition of the importance of mobility assistance devices. The region's commitment to advanced healthcare solutions and addressing the needs of its aging demographic enhances the prominence of transfer chairs. Furthermore, the higher prevalence of chronic conditions in North America contributes to the demand for these aids.

Competitive Landscape

The Transfer Chairs market is highly competitive due to various factors such as technology advancements, product innovation, and market expansion strategies. Major players in the industry are aiming to gain market share by creating lightweight, portable, and advanced transfer chairs that cater to the diverse needs of users, especially with the increasing aging population and prevalence of chronic diseases. As the global demand for transfer chairs rises, manufacturers and suppliers face intensified competition as they strive to differentiate themselves based on product quality, features, and broader market accessibility.

The players in the global Transfer Chairs market include Benmor Medical, Roma Medical Aids, Well Home Health Products, AMG Medical, Besco Medical, Drive Medical, BMB MEDICAL, Elmi GmbH, Medcare Manufacturing, Comfort Orthopedic, Antano Group, ME.BER., Junkin Safety Appliance Company, GIRALDIN G. & C., Brunig, Columbia Medical, Bristol Maid Hospital Metalcraft, Ferno (UK) Limited, Karma Medical Products Co. Ltd, Zhangjiagang Xiehe Medical Apparatus & Instruments. among others.

Recent Market Developments

  • 2023: The highly anticipated Magic 360 wheelchair, developed by Australian-based powered wheelchair company Magic Mobility, is now being launched in North America. Drawing upon over 25 years of experience in all-terrain and off-road wheelchairs, Magic Mobility, a Sunrise Medical brand since 2018, has created this exceptional crossover wheelchair.

Segmentation of the Global Transfer Chairs Market

Parameter Details
Segments Covered

By Category

  • Adult
  • Geriatric
  • Pediatric

By Frame Material

  • Aluminum
  • Steel

By End-use

  • Healthcare Facilities
    • Hospitals
    • Nursing Homes
    • Specialty Clinics
    • Others
  • Public Facilities
    • Airports
    • Shopping Malls
    • Others

By Region

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East & Africa

Regions & Countries Covered
  • North America - (U.S., Canada, Mexico)
  • Europe - (U.K., France, Germany, Italy, Spain, Rest Of Europe)
  • Asia Pacific - (China, Japan, India, South Korea, South East Asia, Rest Of Asia Pacific)
  • Latin America - (Brazil, Argentina, Rest Of Latin America)
  • Middle East & Africa - (GCC Countries, South Africa, Rest Of Middle East & Africa)
Companies Covered
  • Benmor Medical
  • Roma Medical Aids
  • Well Home Health Products
  • AMG Medical
  • Besco Medical
  • Drive Medical
  • BMB MEDICAL
  • Elmi GmbH
  • Medcare Manufacturing
  • Comfort Orthopedic
  • Antano Group
  • ME.BER.
  • Junkin Safety Appliance Company
  • GIRALDIN G. & C.
  • Brunig
  • Columbia Medical
  • Bristol Maid Hospital Metalcraft
  • Ferno (UK) Limited
  • Karma Medical Products Co. Ltd
  • Zhangjiagang Xiehe Medical Apparatus & Instruments.
Report Coverage Market growth drivers, restraints, opportunities, Porter’s five forces analysis, PEST analysis, value chain analysis, regulatory landscape, technology landscape, patent analysis, market attractiveness analysis by segments and North America, company market share analysis, and COVID-19 impact analysis
Pricing and purchase options Avail of customized purchase options to meet your exact research needs. Explore purchase options

FAQ
Frequently Asked Question
  • The global Transfer Chairs valued at USD 1150.2 Million in 2022 and is expected to reach USD 1767.8 Million in 2030 growing at a CAGR of 5.5%.

  • The prominent players in the market are Benmor Medical, Roma Medical Aids, Well Home Health Products, AMG Medical, Besco Medical, Drive Medical, BMB MEDICAL, Elmi GmbH, Medcare Manufacturing, Comfort Orthopedic, Antano Group, ME.BER., Junkin Safety Appliance Company, GIRALDIN G. & C., Brunig, Columbia Medical, Bristol Maid Hospital Metalcraft, Ferno (UK) Limited, Karma Medical Products Co. Ltd, Zhangjiagang Xiehe Medical Apparatus & Instruments..

  • The market is project to grow at a CAGR of 5.5% between 2023 and 2030.

  • The driving factors of the Transfer Chairs include

    • Increased demand for mobility aids and assistive devices

  • North America was the leading regional segment of the Transfer Chairs in 2022.