Market Snapshot:
Wheelchairs is a type of wheel mobility device that supports seating for a person with difficulty in walking or moving around. This may be manual or powered. Electric wheelchair does not require any human assistance for mobility as they are powered by the battery. These wheelchairs are convenient and user-friendly.
Highlights from Wheelchairs (Powered and Manual) Market Study
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
The key Players profiled in the report are Golden Technologies (United States), Medical Depot, Inc. (United States), Ottobock (Germany), Invacare Corporation (United States), Hoveround Corporation (United States), Heartway Medical Products Co., Ltd. (Taiwan), 21st Century Scientific, Inc. (United States), Pride Mobility Products Corp. (United States), EZ Lite Cruiser (United States), MERITS CO. LTD. (Taiwan) and Karman Healthcare, Inc. (United States). Additionally, other players that are part of this comprehensive study are Sunrise Medical, Permobil Corp, Drive Medical, Handicare, Medline, GF Health, Hubang, NISSIN, N.V. Vermeiren, MIKI and PDG.
Geographic Breakdown and Segment Analysis
The Global Wheelchairs (Powered and Manual) market presents a comprehensive analysis of the Wheelchairs (Powered and Manual) market by product type (Powered and Manual), by end-user/application (Hospital and Home), and by geography (North America, South America, Europe, Asia-Pacific and MEA) along with country level break-up. This section of our report presents a realistic picture of the Global Wheelchairs (Powered and Manual) industry. Investors and Players can easily understand the inherent opportunities and challenges for their products in geographical region of interest.
For instance, while the holds majority of market share of the Wheelchairs (Powered and Manual) market
Analyst at AMA have segmented the market study of Global Wheelchairs (Powered and Manual) market by Type, Application and Region.
Influencing Trend:
Upsurge in the Cases of Cardiovascular Diseases, Rising Number of Medical Emergencies and Advancement of Technology in Powered Wheelchair
Market Growth Drivers:
Increasing Demand for an Advanced Wheelchair from the Sports Industry and Growing Elderly Population and Rising Spinal Cord Injuries
Challenges:
Lack of Pavements and the Climate and Physical Terrain and Access to Rehabilitation Service
Restraints:
High Cost of the Powered Wheelchair and Poor Infrastructure
Opportunities:
Development of Medical Facilities and Rise in Awareness About Wheelchair
Market Developments Activities:
In September 2019,The search terms “Permobil” and “acquisition” are enough to send any browser into overload at the moment. Permobil, a Sweden-based maker of customized power and manual wheelchairs along with wheelchair cushions, back support, and skin products, has been in acquisition overdrive in the past five years, including four regional acquisitions in 2018 alone.
In January 2022, Invacare Corporation, a manufacturer and distributor of non-acute medical equipment including wheelchairs, mobility scooters, walkers, and pressure care and positioning products, launched ‘One Solution’ initiative which combines its most popular wheelchairs with some of the best seating systems for a complete solution
The various key players across the globe are introducing innovative technologies in order to expand their product portfolio in the segment of the wheelchair.
Key Target Audience
Manufacturers of Wheelchair, Suppliers of Wheelchair, Wholesalers, Distributors, and Retailers of Wheelchair, Healthcare Industry and Governmental Bodies