Wheelchairs Market, by Product Type (Manual Wheelchair (Active Wheelchairs, Transport Wheelchairs, and Others) and Electronic Wheelchair (Center Wheel Drive Electric Wheelchair, Front Wheel Drive Electric Wheelchair, Standing Wheel Drive Electric Wheelchair, and Rear Wheel Drive Electric Wheelchair), by Weight (Light Weight Wheelchairs and Heavy Weight Wheelchairs), by Modality (Pediatric Powered Wheelchairs and Adults Powered Wheelchairs), by End User (Hospitals, Clinics, Ambulatory Surgical Centers, Home Care Settings, and Others), and by Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa) - Size, Share, Outlook, and Opportunity Analysis, 2022 - 2030
Wheelchairs are primarily designed for disabled individuals for the ease of indoor and outdoor locomotion purposes. Various types of wheelchairs are available in market, such as recliner wheelchairs, active wheelchairs (sports wheelchairs), transport wheelchairs, and standing wheelchairs. Two major types of wheelchairs are manual wheelchairs and electric wheelchairs. Manual wheelchair is cost effective than electric wheelchairs as it requires less maintenance.
Market Dynamics
Increasing product launches by key players in market is expected to drive market growth over the forecast period. For instance, in November 2019, the Indian Institute of Technology, Madras, India, launched India’s first standing wheelchair called ‘Arise’. Using Arise, a person with a disability can shift from a standing position to a sitting position and vice versa, independently or with assistance.
Increasing adoption of inorganic strategies such as partnerships is expected to drive market growth over the forecast period. For instance, in October 2021, Permobil, a leader in providing trusted healthcare solutions for power and manual wheelchairs, and Karma Medical Products Co., LTD., a global wheelchair manufacturer, entered into a strategic partnership focused on utilizing the company’s respective strengths and distributing complementary products from each other’s portfolios. The initial focus will be on the Asia-Pacific markets where the two organizations have presence. This agreement will enable more people living with disabilities to access and benefit from Permobil and Karma Medical Products Co., LTD.’s innovative mobility, seating and positioning solutions and power assist devices.
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