India Wheelchair Market, By Product Type (Manual v/s Powered), By Application (Institutional v/s Personal), By Category (Adult v/s Pediatric), By Distribution Channel (Retail Sales v/s Non-Retail Sales), By Region, Competition, Forecast & Opportunities, 2

India Wheelchair Market, By Product Type (Manual v/s Powered), By Application (Institutional v/s Personal), By Category (Adult v/s Pediatric), By Distribution Channel (Retail Sales v/s Non-Retail Sales), By Region, Competition, Forecast & Opportunities, 2028

India wheelchair market stood at USD188.13 million in the year 2022 and is anticipated to grow at a CAGR of 7.87% during the forecast period to achieve the market value of USD296.89 million by 2028F. The market growth can be attributed to increasing demand for the facilitation of the patients in the hospitals and clinics. Growing instances of orthopedic diseases that render the patient immobile also drive the growth of the India wheelchair market in the upcoming five years. The increasing geriatric population and their susceptibility to various diseases further support the growth of the India wheelchair market in the next five years. The geriatric population suffering from severe chronic diseases and immobility surges the demand for wheelchairs for their regular as well as the hospital visitation. Increasing cases of accidents and road accidents will also aid the growth of the India wheelchair market in the future five years. Growing advancements in medical devices like wheelchairs also drive market growth. Functions like self-maneuvered wheelchairs and comfort for the patients moving through difficult terrain also substantiate the growth of the India wheelchair market in the forecast years. The government also supports the market growth through increased investments and is aiding the research and development sector of the devices, thereby driving the growth of the India wheelchair market in the forecast period.

The India wheelchair market is segmented on the basis of product type, application, institutional, category, distribution channel and regional distribution. Based on product type, the market is bifurcated into manual and powered. Manual wheelchairs are anticipated to hold the largest revenue shares in the market and dominate the market segment in the upcoming five years on the grounds of increasing demand from the geriatric population. Rapidly increasing geriatric population of the country further facilitates the growth of the India wheelchair market in the future five years. Based on application, the market can be divided into institutional and personal. Based on institutional type, the market is divided into Hospitals & Clinics, Rehabilitation Centers, and others. In terms of category, the market can be categorized into adult and pediatric. Based on the distribution channel, the market can be fragmented into retail and non-retail. On the basis of regional analysis the market is divided into North region, South region, East region, and the West region of the country.

Karma Healthcare Limited, OttoBock Healthcare India Pvt. Ltd, Vissco Rehabilitation Aids Pvt. Ltd, Ostrich Mobility Instruments Pvt. Ltd, Pride Mobility Products Corp, Forza Medi (India Pvt. Ltd, Stryker India Pvt. Ltd (Stryker Corporation), NeoBolt, Silverline Meditech Pvt. Ltd. are among the major market players in the Indian platform that lead the market growth of the India wheelchair market.

Years considered for this report:

Historical Years: 2018-2021

Base Year: 2022

Estimated Year: 2023E

Forecast Period: 2024F-2028F

Objective of the Study:

• To analyze the historical growth in the market size of India wheelchair market from 2018 to 2022.
• To estimate and forecast the market size of India wheelchair market from 2023E to 2028F and growth rate until 2028F.
• To classify and forecast India wheelchair market based on type of product type, institutional, and regional distribution.
• To identify dominant region or segment in the India wheelchair market.
• To identify drivers and challenges for India wheelchair market.
• To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in India wheelchair market.
• To identify and analyze the profile of leading players operating in India wheelchair market.
• To identify key sustainable strategies adopted by market players in India wheelchair market.

TechSci Research performed both primary as well as exhaustive secondary research for this study. Initially, TechSci Research sourced a list of manufacturers across the country. Subsequently, TechSci Research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, TechSci Research could include the companies which could not be identified due to the limitations of secondary research. TechSci Research analyzed the manufacturers, distribution channels and presence of all major players across India.

TechSci Research calculated the market size of India wheelchair market using a bottom-up approach, wherein data for various end-user segments was recorded and forecast for the future years. TechSci Research sourced these values from the industry experts and company representatives and externally validated through analyzing historical data of these products and applications for getting an appropriate, overall market size. Various secondary sources such as company websites, news articles, press releases, company annual reports, investor presentations and financial reports were also studied by TechSci Research.

Key Target Audience:

• Manufacturers, suppliers, distributors and other stakeholders
• Government bodies such as regulating authorities and policy makers
• Organizations, forums and alliances related to wheelchair
• Market research and consulting firms

The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as manufacturers, suppliers, partners, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.

Report Scope:

In this report, India Wheelchair market has been segmented into following categories, in addition to the industry trends which have also been detailed below:

• India Wheelchair Market, By Product Type:
• Manual
• Powered
• India Wheelchair Market, By Application:
• Institutional
• Hospital & Clinics
• Rehabilitation Centers
• Others
• Personal
• India Wheelchair Market, By Category:
• Adult
• Pediatric
• India Wheelchair Market, By Distribution Channel:
• Retail
• Non-Retail
• India Wheelchair Market, By Region:
• South
• West
• North
• East

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in India Wheelchair market.

Company Information

• Detailed analysis and profiling of additional market players (up to five).

Please Note: Report will be updated with the latest data and delivered to you within 3-5 working days of order. Single User license will be delivered in PDF format without printing rights