Global Wheelchair Market Size study, By Product Type (Manual, Electric), By Application (Homecare, Hospitals, Ambulatory Surgical Centers, Rehabilitation Centers), and Regional Forecasts 2022-2028

Global Wheelchair Market Size study, By Product Type (Manual, Electric), By Application (Homecare, Hospitals, Ambulatory Surgical Centers, Rehabilitation Centers), and Regional Forecasts 2022-2028

Global Wheelchair Market is valued at approximately USD XX million in 2021 and is anticipated to grow with a healthy growth rate of more than XX% over the forecast period 2022-2028. A wheelchair is a medical assistance device with wheels that are specially designed to offer mobility for people who are not able to walk due to injury, illness, problems associated with old age, or disability. The increasing geriatric population and age-associated issues, surging demand for home healthcare services and staff, and rising availability of technologically advanced, compact, and portable mobility aids are the major factors propelling the global market demand. For instance, according to the United Nation’s Department of Economic and Social Affairs, there were 703 million persons aged 65 years or over in the world in 2019 and the figure is anticipated to double to 1.5 billion by 2050. Consequentially, the rising aged people are positively influencing the market growth across the globe. However, high purchasing and maintenance costs impede the growth of the market over the forecast period of 2022-2028. Also, the rising incidences of orthopedic injuries such as spinal cord and leg injuries and increasing R&D activities are anticipated to act as catalyzing factors for the market demand during the forecast period.

The key regions considered for the global Wheelchair Market study include Asia Pacific, North America, Europe, Latin America, and the Rest of the World. North America is the leading region across the world in terms of market share owing to the rising expenditure on technological developments, and rising adoption of advanced wheelchairs. Whereas, Asia-Pacific is anticipated to exhibit the highest CAGR over the forecast period 2022-2028. Factors such as the presence of high target population, as well as improvements in healthcare facilities, would create lucrative growth prospects for the Wheelchair Market across the Asia-Pacific region.

Major market players included in this report are:
Carex Health Brands, Inc.
Drive Medical Design & Manufacturing
Graham-Field Health Products Inc.
Invacare
Medline
Sunrise Medical LLC
Karman Healthcare
Quantum Rehab
Numotion
Pride Mobility Products Corp.

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Product Type:
Manual
Electric
By Application:
Homecare
Hospitals
Ambulatory Surgical Centers
Rehabilitation Centers
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE

Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World

Furthermore, years considered for the study are as follows:

Historical year – 2018, 2019, 2020
Base year – 2021
Forecast period – 2022 to 2028

Target Audience of the Global Wheelchair Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors



Companies Mentioned

Carex Health Brands, Inc.
Drive Medical Design & Manufacturing
Graham-Field Health Products Inc.
Invacare
Medline
Sunrise Medical LLC
Karman Healthcare
Quantum Rehab
Numotion
Pride Mobility Products Corp.

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