Wheelchair Market by Product (Manual Wheelchair and Powered Wheelchair), End User (Homecare Setting, Hospitals, Ambulatory Surgical Centers, and Rehabilitation Centers) - Global Analysis & Forecast 2020-2030
Report ID : 321 | Published Date : Jul 2020 | Pages : 160 | Region : Global | Report Code : MD-97
Wheelchair Market Overview and Introduction
A wheelchair is a chair with wheels that isused when walking is difficult or impossible due to illness, injury, old-age-related problems, or disability.A wheelchair is a common mobility aid for individualssuffering from arthritis, deteriorating balance, elderly people, or people with apermanent disability,or other afflictions. Wheelchairs are mainly of two types- manual wheelchair and powered wheelchair. Powered wheelchairs consist of batteries and an electric motor for propulsion. Wheelchairs are easy to operate, adjustable, strong & durable, and its parts are easily replaceable.
The global wheelchair market is majorly driven by increasing incidents of chronicorthopedic diseases, increasing adoption of advanced mobility products, and rising numbers ofroad accidents. Moreover, rising government initiatives to promote wheelchair donation and technological advancements in the wheelchair areanticipated to further boost market growth. However, the high cost of wheelchair and lack of infrastructureare inversely affecting market growth.
The globalwheelchair marketcan besegmented by product, end user, and region.
Wheelchair Market By Product
Based onproduct, thewheelchair marketcan besegmentedinto a manual wheelchair and powered wheelchair. The manual wheelchair segment is estimated to account for the largest share in 2019. The large share ofmanual wheelchairs is owing to theiraffordability, lightweight, and non-dependability on charging. Moreover, factors such as beingultra-lightweight andrequiring less space for storage are furtherpropelling the demand for such wheelchairs.
Wheelchair Market By End User
Based on end users, the market can besegmented intohomecare settings, hospitals, ambulatory surgical centers, and rehabilitation centers. The hospitalsegment is estimated to account for the largest share of the globalwheelchair market. The large share ofhospitals is owing to the increasing adoption oftechnologically-advanced wheelchairs and increasing medical emergencies that require such wheelchairs. Moreover, in hospitals, post-surgery demands the wheelchair for transportation of patients from one section to another.
Wheelchair Market By Region
The globalwheelchair market can be segmented into North America, Europe, Asia Pacific, and Rest of World (ROW).North America dominated the market of awheelchair, followed by Europe and the Asia Pacific. In 2019, North America held the largest market share owing to the increasing adoption of technologically advanced products, increase in the aging population and the presence of a large number of market players in this region.
Wheelchair Market Prominent Players
Some of the prominent players in the globalwheelchair market areMedline Industries, Inc., Invacare Corporation, Cardinal Health, Medical Depot.Inc., Sunrise Medical (US) LLC, Carex Health Brands, Inc., Pride Mobility Products Corporation, Karman Healthcare, Inc., and Numotion, among others.