Wheelchair Market for Pushable Coil Segment to Grow at Highest CAGR during 2021-2028
According to our new market research study on “Wheelchair Market to 2028 - Global Analysis and Forecast - by product, type, end user, applications, usage, and distribution channel,” the market is expected to reach US$ 6,459.07 million by 2028 from US$ 4,073.71 million in 2021. The market is estimated to grow with a CAGR of 6.8 % from 2021 to 2028. The report highlights trends prevailing in the market, and drivers and hindrances pertaining to the market growth.
Based on Product, the wheelchair market is segmented into powered/electric wheelchair, smart wheelchair, and manual. The manual wheelchair segment held the largest share of the market in 2021, whereas the powered/electric wheelchair segment is anticipated to register the highest CAGR in the market during the forecast period.
Based on type, the wheelchair market is segmented into front wheel drive, center wheel drive, rear wheel drive, and standing electric wheelchair. The center wheel drive segment held the largest share of the market in 2021 and is anticipated to register the highest CAGR in the market during the forecast period. Growth of this segment is attributed to advantages offered by center wheel drive such as easy navigation through doorways and narrow spaces, and superior stability.
Based on end user, the wheelchair market is segmented into homecare, hospitals and clinics, rehabilitation centers, and ambulatory surgical centers. The rehabilitation centers segment held the largest share of the market in 2021 and is estimated to register the highest CAGR in the market during the forecast period. Growth of this segment is attributed to increasing number of rehabilitation centers coupled with rising number of musculoskeletal conditions.
Based on application, the wheelchair market is segmented into neurologically impaired, handicap patients, and others. The neurologically impaired segment held the largest share of the market in 2021 and is estimated to register the highest CAGR in the market during the forecast period.
Based on usage, the wheelchair market is segmented into adult and pediatric (below 18). The adult segment held a larger share of the market in 2021 and is estimated to register the highest CAGR in the market during the forecast period.
Based on distribution channel, the wheelchair market is segmented into retail and E-commerce. The retail segment held a larger share of the market in 2021, whereas the E-commerce segment is estimated to register the highest CAGR in the market during the forecast period.
COVID-19 pandemic has become the most significant challenge across the world. This challenge will be frightening especially in developing countries across the world as it will lead to reducing imports due to disruptions in global trade. The COVID-19 pandemic affected the pharmaceutical, medical device, R & D, and other businesses across the globe. Wheelchair devices are essential medical devices in several mobility conditions. As the rise of the pandemic crisis was uncertain, there is shortage in supply of wheelchairs and consumables. However, market players are adopting various strategies to increase its distribution of wheelchairs. For instance, according to British Red Cross, in 2020, the organization provided wheelchair service to around 140 communities across the UK. Also, the organization supplied around 50,000 wheelchairs for patients with permanent as well as temporary mobility conditions.
Invacare Corporation; Medline Industries, Inc.; Ottobock; Meyra Gmbh; Karman Healthcare, Inc.; Sunrise Medical; Hoveround Corporation; Levo Ag; Permobil; and Smile Smart Technology are among the leading companies operating in the wheelchair market.
Wheelchair Market, by Region, 2021 (%)
Wheelchair Market Size, Price, Demand and Analysis 2028
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Wheelchair Market Forecast to 2028 - COVID-19 Impact and Global Analysis By Product (Powered/Electric Wheelchair, Smart Wheelchair, and Manual), Type (Front Wheel Drive, Center Wheel Drive, Rear Wheel Drive, and Standing Electric Wheelchair), End User (Homecare, Hospitals and Clinics, Rehabilitation Centers, and Ambulatory Surgical Centers), Application (Neurologically Impaired, Handicap Patients, and Others), and Usage (Adult and Paediatric (below 18)); Distribution Channel ( Retail and E-Commerce), and Geography.
Wheelchair Market Size, Price, Demand and Analysis 2028
Download Free SampleWheelchair Market Forecast to 2028 - COVID-19 Impact and Global Analysis By Product (Powered/Electric Wheelchair, Smart Wheelchair, and Manual), Type (Front Wheel Drive, Center Wheel Drive, Rear Wheel Drive, and Standing Electric Wheelchair), End User (Homecare, Hospitals and Clinics, Rehabilitation Centers, and Ambulatory Surgical Centers), Application (Neurologically Impaired, Handicap Patients, and Others), and Usage (Adult and Paediatric (below 18)); Distribution Channel ( Retail and E-Commerce), and Geography.
The Report Segments Global Wheelchair Market as Follows:
By Product- Manual Wheelchair
- Powered/Electric Wheelchair
- Standard Powered Wheelchairs
- Custom-Built Powered Wheelchairs
- Smart Wheelchair
- Centre Wheel Drive
- Front Wheel Drive
- Rear Wheel Drive
- Standing Electric Wheelchair
- Rehabilitation Centres
- Hospitals and Clinics
- Homecare
- Ambulatory Surgical Centres
- Neurologically Impaired
- Handicap Patients
- Others
- Adult
- Pediatric (below 18)
- Retail
- E-Commerce
- North America
- US
- Canada
- Mexico
- Europe
- France
- Germany
- Italy
- UK
- Spain
- Rest of the Europe
- Asia Pacific (APAC)
- China
- India
- South Korea
- Japan
- Australia
- Rest of Asia Pacific
- Middle East & Africa (MEA)
- South Africa
- Saudi Arabia
- UAE
- Rest of Middle East and Africa
- South America (SAM)
- Brazil
- Argentina
- Rest of South America
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21 November 2024