Wheelchair Market by Product (Electric, Manual), Category (Adults, Pediatric), Application - Global Forecast 2023-2030
The Wheelchair Market size was estimated at USD 4.28 billion in 2022 and expected to reach USD 4.57 billion in 2023, at a CAGR 7.02% to reach USD 7.38 billion by 2030.
Market Segmentation & Coverage:
This research report analyzes various sub-markets, forecasts revenues, and examines emerging trends in each category to provide a comprehensive outlook on the Wheelchair Market.
- Based on Product, market is studied across Electric and Manual. The Manual commanded largest market share of 66.58% in 2022, followed by Electric.
- Based on Category, market is studied across Adults and Pediatric. The Adults commanded largest market share of 70.66% in 2022, followed by Pediatric.
- Based on Application, market is studied across Ambulatory Surgical Centers, Homecare, Hospitals, and Rehabilitation Centers. The Hospitals commanded largest market share of 48.43% in 2022, followed by Homecare.
- Based on Region, market is studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas is further studied across Argentina, Brazil, Canada, Mexico, and United States. The United States is further studied across California, Florida, Illinois, New York, Ohio, Pennsylvania, and Texas. The Asia-Pacific is further studied across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan, Thailand, and Vietnam. The Europe, Middle East & Africa is further studied across Denmark, Egypt, Finland, France, Germany, Israel, Italy, Netherlands, Nigeria, Norway, Poland, Qatar, Russia, Saudi Arabia, South Africa, Spain, Sweden, Switzerland, Turkey, United Arab Emirates, and United Kingdom. The Americas commanded largest market share of 39.04% in 2022, followed by Europe, Middle East & Africa.
The report provides market sizing and forecasts across 7 major currencies - USD, EUR, JPY, GBP, AUD, CAD, and CHF; multiple currency support helps organization leaders to make well-informed decisions. In this report, 2018 to 2021 are considered as historical years, 2022 is base year, 2023 is estimated year, and years from 2024 to 2030 are considered as forecast period.
FPNV Positioning Matrix:
The FPNV Positioning Matrix is an indispensable tool for assessing the Wheelchair Market. It comprehensively evaluates vendors, analyzing key metrics related to Business Strategy and Product Satisfaction. This enables users to make informed decisions tailored to their specific needs. Through advanced analysis, vendors are categorized into four distinct quadrants, each representing a different level of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V). Be assured that this insightful framework empowers decision-makers to navigate the market with confidence.
Market Share Analysis:
The Market Share Analysis offers invaluable insights into the vendor landscape Wheelchair Market. By evaluating their impact on overall revenue, customer base, and other key metrics, we provide companies with a comprehensive understanding of their performance and the competitive environment they confront. This analysis also uncovers the level of competition in terms of market share acquisition, fragmentation, dominance, and industry consolidation during the study period.
Key Company Profiles:
The report delves into recent significant developments in the Wheelchair Market, highlighting leading vendors and their innovative profiles. These include 21st Century Scientific, Inc., Alimed Inc., Arcatron Mobility, Carex Health Brands, Inc., Dr. Trust by Nureca Limited, Drive DeVilbiss International, GF Health Products, Inc., Golden Technologies, Guangdong Kaiyang Medical Technology Group Co., Ltd., Hebei Manlu Medical Devices Co., Ltd., Hoveround Corporation, Intco Medical, Invacare Corporation, Karma Medical Products Co., LTD., Karman Healthcare, Inc., Laxmi Industries, Levo AG, Medline International B.V., MEYRA GmbH, MRIequip.com, Narang Medical Limited, Newmatic Medical, Numotion, Ottobock SE & Co. KGaA, Permobil AB, Pride Mobility Products Corporation, Satcon Medica, Shanghai Brother Medical Products Manufacturer Co., Ltd., and Sunrise Medical (US) LLC.
The report offers valuable insights on the following aspects:
- Market Penetration: It provides comprehensive information about key players' market dynamics and offerings.
- Market Development: In-depth analysis of emerging markets and penetration across mature market segments, highlighting lucrative opportunities.
- Market Diversification: Detailed information about new product launches, untapped geographies, recent developments, and investments.
- Competitive Assessment & Intelligence: Exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of leading players.
- Product Development & Innovation: Intelligent insights on future technologies, R&D activities, and breakthrough product developments.
- What is the market size and forecast for the Wheelchair Market?
- Which products, segments, applications, and areas hold the highest investment potential in the Wheelchair Market?
- What is the competitive strategic window for identifying opportunities in the Wheelchair Market?
- What are the latest technology trends and regulatory frameworks in the Wheelchair Market?
- What is the market share of the leading vendors in the Wheelchair Market?
- Which modes and strategic moves are suitable for entering the Wheelchair Market?
Note: PDF & Excel + Online Access - 1 Year
- 1. Preface
- 1.1. Objectives of the Study
- 1.2. Market Segmentation & Coverage
- 1.3. Years Considered for the Study
- 1.4. Currency & Pricing
- 1.5. Language
- 1.6. Limitations
- 1.7. Assumptions
- 1.8. Stakeholders
- 2. Research Methodology
- 2.1. Define: Research Objective
- 2.2. Determine: Research Design
- 2.3. Prepare: Research Instrument
- 2.4. Collect: Data Source
- 2.5. Analyze: Data Interpretation
- 2.6. Formulate: Data Verification
- 2.7. Publish: Research Report
- 2.8. Repeat: Report Update
- 3. Executive Summary
- 4. Market Overview
- 4.1. Introduction
- 4.2. Wheelchair Market, by Region
- 5. Market Insights
- 5.1. Market Dynamics
- 5.1.1. Drivers
- 5.1.1.1. Increasing number of accidents and orthopedic surgeries worldwide
- 5.1.1.2. Rising preferences for battery-operated electric wheelchairs with several auto functionalities
- 5.1.1.3. Government initiatives to improve wheelchair accessibility
- 5.1.2. Restraints
- 5.1.2.1. Operational limitations of the manual wheelchairs
- 5.1.3. Opportunities
- 5.1.3.1. Demand for smart and advanced features and introduction of robotic mobilization device
- 5.1.3.2. Ongoing development of multipurpose wheelchairs
- 5.1.4. Challenges
- 5.1.4.1. Lack of infrastructure for easy access to wheelchair in developing economies
- 5.2. Market Segmentation Analysis
- 5.3. Market Trend Analysis
- 5.4. Cumulative Impact of COVID-19
- 5.5. Cumulative Impact of Russia-Ukraine Conflict
- 5.6. Cumulative Impact of High Inflation
- 5.7. Porter’s Five Forces Analysis
- 5.7.1. Threat of New Entrants
- 5.7.2. Threat of Substitutes
- 5.7.3. Bargaining Power of Customers
- 5.7.4. Bargaining Power of Suppliers
- 5.7.5. Industry Rivalry
- 5.8. Value Chain & Critical Path Analysis
- 5.9. Regulatory Framework
- 5.10. Client Customization
- 6. Wheelchair Market, by Product
- 6.1. Introduction
- 6.2. Electric
- 6.3. Manual
- 7. Wheelchair Market, by Category
- 7.1. Introduction
- 7.2. Adults
- 7.3. Pediatric
- 8. Wheelchair Market, by Application
- 8.1. Introduction
- 8.2. Ambulatory Surgical Centers
- 8.3. Homecare
- 8.4. Hospitals
- 8.5. Rehabilitation Centers
- 9. Americas Wheelchair Market
- 9.1. Introduction
- 9.2. Argentina
- 9.3. Brazil
- 9.4. Canada
- 9.5. Mexico
- 9.6. United States
- 10. Asia-Pacific Wheelchair Market
- 10.1. Introduction
- 10.2. Australia
- 10.3. China
- 10.4. India
- 10.5. Indonesia
- 10.6. Japan
- 10.7. Malaysia
- 10.8. Philippines
- 10.9. Singapore
- 10.10. South Korea
- 10.11. Taiwan
- 10.12. Thailand
- 10.13. Vietnam
- 11. Europe, Middle East & Africa Wheelchair Market
- 11.1. Introduction
- 11.2. Denmark
- 11.3. Egypt
- 11.4. Finland
- 11.5. France
- 11.6. Germany
- 11.7. Israel
- 11.8. Italy
- 11.9. Netherlands
- 11.10. Nigeria
- 11.11. Norway
- 11.12. Poland
- 11.13. Qatar
- 11.14. Russia
- 11.15. Saudi Arabia
- 11.16. South Africa
- 11.17. Spain
- 11.18. Sweden
- 11.19. Switzerland
- 11.20. Turkey
- 11.21. United Arab Emirates
- 11.22. United Kingdom
- 12. Competitive Landscape
- 12.1. FPNV Positioning Matrix
- 12.2. Market Share Analysis, By Key Player
- 12.3. Competitive Scenario Analysis, By Key Player
- 12.3.1. Merger & Acquisition
- 12.3.1.1. Sunrise Medical has completed two strategic acquisitions in Europe in 2022
- 12.3.2. Agreement, Collaboration, & Partnership
- 12.3.2.1. Chugai sponsored Nationwide Wheelchair Softball Experience Event
- 12.3.2.2. Sunrise Medical to Offer Factory Installs of Groundbreaking LUCI Safety System to U.S. Veterans
- 12.3.2.3. Dott and Omni partner to launch adapted e-scooters for wheelchair users
- 12.3.3. New Product Launch & Enhancement
- 12.3.3.1. Golden Technologies Launches Two New Lightweight Foldable Power Wheelchairs
- 12.3.3.2. Sunrise Medical announces the launch of the QUICKIE ACCESS for better access to life
- 12.3.3.3. Recare launches next generation Ottobock Zenit wheelchair at busy Naidex showcase
- 12.3.4. Investment & Funding
- 12.3.4.1. MARC Instrumentation Grants fuel expanded research across TXST
- 12.3.4.2. Kalogon Raises USD 3.3 million in Funding to Drive Expansion for Line of Smart Wheelchair Seating
- 12.3.4.3. Chinese smart wheelchair startup secures USD 14.8million in Series B round
- 12.3.5. Award, Recognition, & Expansion
- 12.3.5.1. Sunrise Medical Launches RGK in North America
- 13. Competitive Portfolio
- 13.1. Key Company Profiles
- 13.1.1. 21st Century Scientific, Inc.
- 13.1.2. Alimed Inc.
- 13.1.3. Arcatron Mobility
- 13.1.4. Carex Health Brands, Inc.
- 13.1.5. Dr. Trust by Nureca Limited
- 13.1.6. Drive DeVilbiss International
- 13.1.7. GF Health Products, Inc.
- 13.1.8. Golden Technologies
- 13.1.9. Guangdong Kaiyang Medical Technology Group Co., Ltd.
- 13.1.10. Hebei Manlu Medical Devices Co., Ltd.
- 13.1.11. Hoveround Corporation
- 13.1.12. Intco Medical
- 13.1.13. Invacare Corporation
- 13.1.14. Karma Medical Products Co., LTD.
- 13.1.15. Karman Healthcare, Inc.
- 13.1.16. Laxmi Industries
- 13.1.17. Levo AG
- 13.1.18. Medline International B.V.
- 13.1.19. MEYRA GmbH
- 13.1.20. MRIequip.com
- 13.1.21. Narang Medical Limited
- 13.1.22. Newmatic Medical
- 13.1.23. Numotion
- 13.1.24. Ottobock SE & Co. KGaA
- 13.1.25. Permobil AB
- 13.1.26. Pride Mobility Products Corporation
- 13.1.27. Satcon Medica
- 13.1.28. Shanghai Brother Medical Products Manufacturer Co., Ltd.
- 13.1.29. Sunrise Medical (US) LLC
- 13.2. Key Product Portfolio
- 14. Appendix
- 14.1. Discussion Guide
- 14.2. License & Pricing
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