$6.39 Billion Global Wheelchair Markets, Analysis, Competitive Landscape, Forecasts & Opportunities, 2027 – ResearchAndMarkets.com

DUBLIN–(BUSINESS WIRE)–The “Global Wheelchair Market, By Product Type (Manual Wheelchair, Powered Wheelchair), By Category (Adult, Pediatric), By Application (Basic Wheelchair, Bariatric Wheelchair, Sports Wheelchair, Other), By End User, By Region, Business Forecast & Opportunity, 2027 ” report has been added ResearchAndMarkets.com Offer.

The global wheelchair market was valued at US$4590.12 million in 2021 and is expected to grow at a steady CAGR of 5.75% to reach US$6390.07 million by 2027.

The market is primarily driven by the increasing prevalence of spinal cord injuries in humans and the growing geriatric population around the world. Additionally, ongoing advances in wheelchair technology and the introduction of higher performing wheelchairs are expected to create lucrative growth opportunities for the global wheelchair market over the next five years.

A large number of people suffer from some form of mobility problem and require mobility assistance. There is a high demand for wheelchairs among the elderly population as they are vulnerable and sometimes suffer from mobility disorders; Therefore, they need the assistance of a wheelchair to move from one place to another.

Market players are making high-quality investments in research and development activities to find innovative solutions and bring the wheelchair to its advanced versions. The market launch of power wheelchairs and the integration of advanced technologies into the wheelchair, which can store vital patient information and easily transmit it to the relevant authorities, is expected to boost wheelchair sales worldwide.

Based on product type, the market is segmented into manual wheelchairs and electric wheelchairs. The manual wheelchair dominated the market in 2021, accounting for 61.53% of the total market share.

The segment is expected to maintain its dominance during the forecast period 2023-2027. They are readily available and affordable compared to a power wheelchair. The introduction of manual wheelchair in a variety of weights and configurations to meet different needs of patients is expected to further drive the segment growth over the forecast period.

The aim of the study:

  • Analysis of the historical growth and market size of the global wheelchair market from 2017 to 2021.

  • To estimate and forecast the market size of the global wheelchair market from 2022 to 2027 and its growth rate up to 2027.

  • For classification and forecast, the global wheelchair market is segmented into product type, category, application, end-user, regional distribution, and competitive landscape.

  • Identification of drivers and challenges for the global wheelchair market.

  • To study competitive developments such as expansions, new product launches, mergers and acquisitions, etc. in the global wheelchair market.

  • Conducting price analysis for the global wheelchair market.

  • Identification and analysis of the profile of leading players operating in the global Wheelchair Market.

competitive landscape

Company Profiles: Detailed analysis of the key companies operating in the global wheelchair market.

  • Invacare Corporation

  • Otto Bock Healthcare GmbH

  • Investor AB (Permobil AB)

  • Hoverround Corporation

  • Stryker Corporation

  • Hill-Rom Holdings, Inc.

  • Sunrise Medical LLC

  • Carex Health Brands, Inc.

  • Graham Field Health Products Inc.

  • Karman Healthcare., Inc.

Report scope:

Years considered for this report:

  • Historical years: 2017-2020

  • Base year: 2021

  • Estimated year: 2022

  • Forecast period: 2023-2027

Wheelchair Market by Product Type:

  • Manual wheelchair

  • electric wheelchair

Wheelchair Market, by Category:

Wheelchair Market by Application:

  • Simple wheelchair

  • Bariatric wheelchair

  • sports wheelchair

  • Other

Wheelchair market, by region:

  • North America

  • United States

  • Canada

  • Mexico

  • Europe

  • Spain

  • United Kingdom

  • France

  • Germany

  • Italy

  • Asia Pacific

  • China

  • India

  • Japan

  • South Korea

  • Australia

  • Middle East & Africa

  • South Africa

  • UAE

  • Saudi Arabia

  • South America

  • Brazil

  • Colombia

  • Argentina

For more information about this report, visit https://www.researchandmarkets.com/r/c9h8sc

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