Wheelchair Market Size, Shares, Insights and Forecast Report – 2028

Posted June 18, 2021 by sauravpareek92

The global wheel chair market in 2020 is estimated for more than US$ 5.5 Bn and expected to reach a value of US$ 9.6 Bn by 2028 with a significant CAGR of 7.3%.
Brooklyn, New York, USA, 2021-June-16 — /Meridian Market Consultants/ — The report is titled ‘Wheelchair Market Size, Shares, Insights and Forecast Report – 2028’. An overview of conceptual frameworks, analytical approaches of the Wheelchair market is the main objective of the report, which further consists of the market opportunity and insights of the data involved in the making of the respective market. The Wheelchair market is expected to grow at a significant rate in the near future.

The global Wheelchair market was valued US$ 34.1 Bn at the end of 2020 and expected to reach at a value of US$ 53.1 Bn by 2028 with a significant CAGR of 5.7%.

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Wheelchair Market Dynamics

The rise in the geriatric population in the world and their physical ailments making them unsuitable to perform their daily activities is expected to be one of the important reasons for an increase in traction of the wheelchairs market in the near future.

An increase in sports injury globally is expected to be another reason that is expected to favor the growth in the wheelchairs market over the forecast period. In 2017, around 3.6 Mn people in the U.S. under the age of 15 were using wheelchairs according to pantsupeasy, which is further expected to increase over the forecast period.

Increasing expenditure in technology under the healthcare industry is also one of the major factors, which is expected to increase the demand for wheelchairs market globally over the forecast period. The increase in adoption of wheelchairs by the various affected groups may enhance the demand for the wheelchairs product. Also, the significant increase in demand for more subtle and smooth performing items in wheelchair products is expected to support the increase in the demand for wheelchairs globally.

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Wheelchair Market Segmentation

The wheelchair market is segmented on the basis of product type, weight, modality, end-user, and region

On the basis of product type, the wheelchairs market can be segmented into:

 Manual Wheelchairs

o    Active Wheelchair

o    Transport Wheelchair

o    Others

 Electronic Wheelchairs

o    Center Wheel Drive Electric Wheelchair

o    Front Wheel Drive Electric Wheelchair

o    Standing Electric Wheelchair

o    Rear Wheel Drive An Electric Wheelchair

The manual wheelchairs are further segmented into the active wheelchair, transport wheelchair, and others. The electronic wheelchairs are also further divided into center wheel drive electric wheelchair, front wheel drive electric wheelchair, standing electric wheelchair and rear wheel drive an electric wheelchair.

Furthermore, on the basis of weight, the global wheelchairs market can be segmented into: 

 Lightweight Wheelchair
 Heavy Wheelchairs

On the basis of modality, the global wheelchairs market can be segmented into:

 Pediatric Powered Wheelchairs
 Adult Powered Wheelchairs

On the basis of the end user, the global wheelchairs market can be segmented into:

 Ambulatory Surgical Centers
 Home Care Settings

The wheelchairs market is expected to increase at a significant CAGR over the forecast period owing to the increasing geriatric population and an increase in the frequency of disability among the various group of population..

Wheelchair Market Key Players

Wheelchairs market is mainly dominated by:

 Invacare Corporation
 Sunrise Medical LLC
 Permobil AB
 Pride Mobility Products Corporation
 GF Health Products, Inc.
 Aspen Seating
 Drive Medical
 Hoveround Corporation
 Aquila Corporation
 EASE Seating System
 Eagle Sportschairs LLC
 Medical Depot Incorporation

To Identify the Key Trends in the Global Industry, Visit: https://meridianmarketconsultants.com/global-wheelchair-market

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Wheelchair, Wheelchair CAGR, US Wheelchair share, UK Wheelchair Size, MEA Wheelchair Demand
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Tags wheelchair , wheelchaircagr , us wheelchair share , uk wheelchair size , me awheelchairdemand
Last Updated June 18, 2021