Wheelchairs and Mobility Scooters Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis

MARKET INTRODUCTION

Patients use wheelchairs when walking is impossible for them due to injury, illness, or disability. There are different types of wheelchairs available in the market, depending on the patient's requirement. There is a wide range of wheelchairs available differing by mechanisms of control, propulsion method, and technology used. There has been a significant effort in the last decade to develop a wheelchair. For disabled and elderly population who are facing difficulty in walk are assisted with mobility scooters.

MARKET SCOPE

The "Wheelchairs and Mobility Scooters Market Analysis to 2031" is a specialized and in-depth study of the healthcare industry with a special focus on the global market trend analysis. The report aims to provide an overview of wheelchairs and mobility scooters market with detailed market segmentation by product, application and geography. The Wheelchairs and Mobility Scooters market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading players in wheelchairs and mobility scooters market and offers key trends and opportunities in the market.

MARKET SEGMENTATION

•   Based on the product wheelchairs and mobility scooters market is segmented as manual wheelchairs, powered wheelchairs and mobility scooters
•   Based on application, the market is segmented as, hospitals, home care settings and others.

MARKET DYNAMICS

Drivers -

•   Increasing elderly population with impaired strength and balance.
•   Rising initiatives for mobility scooters and wheelchairs across various emerging economies
•   Technologically advanced wheelchairs and mobility scooters

Restraints -

•   High cost of equipment and maintenance cost

REGIONAL FRAMEWORK

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the Wheelchairs and Mobility Scooters market based on various segments. It also provides market size and forecast estimates from year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The Wheelchairs and Mobility Scooters market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.

The report analyzes factors affecting Wheelchairs and Mobility Scooters market from both demand and supply side and further evaluates market dynamics affecting the market during forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South & Central America after evaluating political, economic, social and technological factors effecting the Wheelchairs and Mobility Scooters market in these regions.
IMPACT OF COVID-19 ON WHEELCHAIRS AND MOBILITY SCOOTERS MARKET
COVID-19 first began in Wuhan (China) during December 2019 and since then it has spread at a fast pace across the globe. The US, India, Brazil, Russia, France, the UK, Turkey, Italy, and Spain are some of the worst affected countries in terms confirmed cases and reported deaths. The COVID-19 has been affecting economies and industries in various countries due to lockdowns, travel bans, and business shutdowns. Shutdown of various plants and factories has affected the global supply chains and negatively impacted the manufacturing, delivery schedules, and sales of products in global market. Few companies have already announced possible delays in product deliveries and slump in future sales of their products.

MARKET PLAYERS

The report covers key developments in the Wheelchairs and Mobility Scooters market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market players from Wheelchairs and Mobility Scooters market are anticipated to have lucrative growth opportunities in the future with the rising demand for Wheelchairs and Mobility Scooters in the global market. Below mentioned is the list of few companies engaged in the Wheelchairs and Mobility Scooters market.

The report also includes the profiles of key players in Wheelchairs and Mobility Scooters market along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of last 3 years, key development in past five years.

•   Carex Health Brands, Inc
•   Drive DeVilbiss Healthcare
•   GF Health Products, Inc
•   Invacare Corporation
•   Sunrise Medical
•   Pride Mobility
•   Drive Medical
•   Permobil Corp
•   Ottobock
•   Handicare

The Insight Partner's dedicated research and analysis team consists of experienced professionals with advanced statistical expertise and offers various customization options in the existing study.

Wheelchairs and Mobility Scooters Report Scope