Portering chairs, also known as patient chairs, are portable chairs designed to transport patients within hospitals and healthcare facilities. They are lightweight, comfortably padded, and have wheels that allow for easy maneuvering. Portering chairs are used to transport patients to and from examination rooms, operating rooms, x-ray facilities and other areas of the hospital. The growing elderly population prone to disabilities and chronic diseases is increasing the patient volume in hospitals, nursing homes and other long-term care facilities. This is driving the demand for portering chairs to transport patients efficiently within these healthcare premises.
The Global Portering Chair Market is estimated to be valued at US$ 709.74 Mn in 2024 and is expected to exhibit a CAGR of 6.5% over the forecast period from 2024 to 2030.
Key Takeaways
Key players operating in the Portering Chair market are SABMiller plc, Anheuser-busch InBev, Carlsberg, United Breweries Ltd., Mohan Meakins, Radico Khaitan, Heineken NV, Tilaknagar Inds., Som Distilleries, and Globus Spirits. The major players are focusing on expanding their production capacity and geographical reach to tap growing demand. For instance, in 2022, Mohan Meakins enhanced its annual brewing capacity to 4 million hectoliters across all its plants.
The portering chair market offers lucrative growth opportunities such as development of advanced chairs with safety features like brake locks, seat belts and monitoring systems. This can help reduce injury risks during transportation. There is also a scope to develop multipurpose chairs that can be used for both indoor and outdoor purposes.
The increasing investment in the healthcare infrastructure across developing nations presents new expansion avenues. Manufacturers are focusing on emerging markets in the Asia Pacific and Middle East regions through joint ventures and acquisitions to gain access to new customers. For example, in 2021, SABMiller partnered with an Indian beverage company to set up a new brewery in Northeast India.
Market drivers and restrain
A key driver for the Portering Chair Market Demand is the rising incidence of chronic diseases worldwide. Conditions like cancer, cardiac disorders and diabetes are leading to more hospital admissions. This is increasing the demand for wheelchairs and portering chairs for comfortable transportation of patients within healthcare facilities. According to WHO, chronic diseases accounted for 71% of global deaths in 2019.
However, the market growth can be restrained by high procurement and maintenance costs of portering chairs. They may not be affordable for all hospitals, particularly in price-sensitive developing countries. Strict regulatory product approval procedures also increase the time and costs involved in launching innovative portering chair models. This may deter some small manufacturers from entering this market segment.
Segment Analysis
The portering chair market comprises various sub-segments such as basic, bariatric, and maternity porter chairs. Among these, the basic porter chair segment dominates the market and accounts for over 60% share. Basic porter chairs are affordable and suitable for transporting patients within small distances within the hospital premises. With growing number of patients opting for basic healthcare facilities, the demand for basic porter chairs is significantly high.
Global Analysis
North America dominates the global portering chair market and is expected to continue its dominance during the forecast period. This is attributable to factors such as rising geriatric population, increasing prevalence of chronic diseases, and growing healthcare expenditure in the region. Asia Pacific is expected to be the fastest growing market during the forecast period. Rising medical tourism across countries such as India and China, growing healthcare infrastructure, and increasing patient pool are some of the key factors driving the growth of portering chair market in Asia Pacific.
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