Electric Riser Recliner Chair Market was valued at USD 1.5 Billion in 2022 and is projected to reach USD 2.8 Billion by 2030, growing at a CAGR of 8.5% from 2024 to 2030.
The Electric Riser Recliner Chair market is experiencing significant growth due to the increasing demand for comfort mobility assistance and therapeutic support in aging populations as well as advancements in technology that enhance product features. The global market size for electric riser recliner chairs was valued at approximately USD 3.5 billion in 2023 and is expected to grow at a compound annual growth rate CAGR of 7.5% over the next 5–10 years reaching a projected value of USD 6.8 billion by 2033.
Several factors are driving this growth including the aging global population which has led to a surge in the demand for home healthcare products. Additionally technological advancements such as the integration of voice controls memory foam seating and customizable reclining positions are adding value to the product offerings. Moreover the increasing focus on elderly care and the shift towards in home medical solutions are also contributing to the market's expansion.
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The primary driver of growth in the electric riser recliner chair market is the aging global population. According to the United Nations the number of people aged 60 and above is expected to double by 2050 leading to increased demand for products that provide comfort and mobility assistance. Moreover electric riser recliners offer superior comfort and accessibility making them ideal for individuals with limited mobility such as the elderly or those with disabilities.
Advancements in technology have further contributed to the market’s growth. The introduction of features such as massaging capabilities heating functions and wireless connectivity allows users to experience enhanced comfort. Additionally the integration of smart home technologies such as voice assistants and app control has made electric riser recliners more user friendly and desirable.
High prices and maintenance costs are key challenges hindering the market's growth. Electric riser recliners are more expensive than traditional chairs due to their complex mechanisms and added functionalities. This can limit their accessibility particularly in price sensitive markets. Furthermore the need for regular maintenance and repairs due to electrical components can deter potential buyers.
Another restraint is the complexity of installation and use especially for elderly individuals who may not be tech savvy. While manufacturers are working on user friendly designs the setup process can still be a challenge for some users impacting the adoption of these products.
The growing demand for home healthcare solutions presents significant opportunities for the electric riser recliner chair market. Manufacturers have the opportunity to innovate by incorporating advanced healthcare features such as orthopedic support massaging functions and built in sensors that track posture and health metrics. Additionally the increasing prevalence of chronic conditions like arthritis which can cause mobility issues is expected to drive demand for these products.
Emerging markets particularly in Asia Pacific and Latin America also present opportunities for expansion. As disposable income increases in these regions more consumers are likely to invest in comfort oriented healthcare products like electric riser recliners.
The electric riser recliner chair market can be segmented into residential and healthcare applications. Residential use is the largest segment with a growing number of consumers opting for these chairs to improve comfort and mobility at home. Healthcare facilities such as nursing homes and assisted living centers also represent a significant portion of the market as they require specialized chairs to provide support for patients with mobility impairments.
The major end users of electric riser recliner chairs are elderly individuals people with disabilities and healthcare facilities. Elderly individuals represent the largest consumer group as they often require additional support for daily activities. People with disabilities such as those with muscular or neurological conditions also significantly contribute to the market. Healthcare facilities which prioritize patient comfort are increasingly adopting electric riser recliners as part of their care programs.
The electric riser recliner chair market can be categorized into regions such as North America Europe Asia Pacific Latin America and the Middle East & Africa. North America is the largest market driven by the aging population and high healthcare spending in countries like the United States and Canada. Europe is also a significant market with countries such as the UK Germany and France investing in elderly care solutions. The Asia Pacific region is expected to witness the fastest growth with rising incomes and an increasing elderly population fueling demand for these products.
Several key players dominate the electric riser recliner chair market. These include:
Med Lift & Son Inc.: A leader in the design and manufacture of electric riser recliners Med Lift offers a wide range of models including those with heating and massage features.
Golden Technologies: Known for its high quality products Golden Technologies has a strong presence in the market offering chairs that prioritize comfort and durability.
La Z Boy Incorporated: A well established brand in the furniture industry La Z Boy offers electric riser recliners that focus on luxury comfort and innovative technology.
Rehabmart: Specializes in providing specialized electric riser recliners for healthcare facilities including models with medical grade features like adjustable tilt and elevation.
Kirton Healthcare: Known for producing riser recliners specifically designed for the elderly and people with mobility issues Kirton Healthcare is a key player in the UK and Europe.
These companies are focusing on expanding their product offerings through innovations such as integrated heating systems memory foam and advanced mobility features. Strategic partnerships with healthcare providers and retailers are also key components of their growth strategies.
Several trends and innovations are shaping the electric riser recliner chair market:
Smart Features: Integration of smart technologies like voice assistants e.g. Alexa and Google Assistant and smartphone apps to control chair functions remotely.
Health Monitoring: Chairs with integrated health tracking systems such as heart rate monitors and posture sensors to provide feedback and enhance comfort.
Sustainability: Increased focus on eco friendly materials and energy efficient mechanisms to appeal to environmentally conscious consumers.
Personalized Comfort: Customizable options such as memory foam adjustable lumbar support and heated seating to cater to individual comfort needs.
Supply Chain Disruptions: Global supply chain issues have affected the availability of components like motors and electrical parts leading to delayed production times.
Pricing Pressures: The high cost of electric riser recliners can limit accessibility especially in developing regions where disposable incomes are lower.
Regulatory Barriers: Varying safety and quality regulations across regions can complicate product development and market entry.
Outsourcing and Partnerships: Manufacturers can mitigate supply chain issues by establishing local suppliers or partnering with international distributors.
Economies of Scale: By increasing production volume companies can reduce costs making electric riser recliners more affordable.
Compliance with Regulations: Manufacturers should closely monitor regulatory changes and adapt their products accordingly to ensure market compliance.
The electric riser recliner chair market is expected to continue its robust growth driven by technological advancements an aging population and the rising demand for healthcare solutions. Companies are likely to focus on creating more innovative affordable and sustainable products to capture a broader consumer base. Emerging markets in Asia Pacific and Latin America will play a crucial role in the market’s future growth while the North American and European markets will remain dominant.
Which regions are leading the electric riser recliner chair market? North America and Europe are currently leading the market with significant contributions from countries like the U.S. UK Germany and France. The Asia Pacific region is anticipated to show the fastest growth.
What are the key applications of electric riser recliners? Electric riser recliners are used primarily in residential settings elderly care homes and healthcare facilities.
What are the main challenges in the electric riser recliner market? High product costs supply chain disruptions and regulatory complexities are key challenges faced by the market.
Who are the major players in the electric riser recliner market? Major companies include Med Lift & Son Golden Technologies La Z Boy Rehabmart and Kirton Healthcare.
What is the future growth potential of the market? The market is expected to grow significantly driven by technological innovations an aging population and increasing demand for healthcare and mobility solutions.
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Golden Technologies
Pride Mobility
Himolla
La-Z-Boy
Best Home Furnishings
Franklin Corporation
Jackson Furniture
Palliser
Ashley Furniture
Flexsteel Industries
Repose Furniture
Southern Motion
UltraComfort America
England Furniture
Hooker Furniture
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global Electric Riser Recliner Chair Market
Home
Nursing Home
Others
Based on Types the Market is categorized into Below types that held the largest Electric Riser Recliner Chair market share In 2023.
Multifunctional Riser Chair
Common Riser Chair
Global (United States, Global and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global Electric Riser Recliner Chair Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Electric Riser Recliner Chair Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Electric Riser Recliner Chair Market, By Type
6. Global Electric Riser Recliner Chair Market, By Application
7. Global Electric Riser Recliner Chair Market, By Geography
Global
Europe
Asia Pacific
Rest of the World
8. Global Electric Riser Recliner Chair Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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