Wheelchairs (Powered and Manual) Market 2019-2028

New Market Study, Report “Wheelchairs (Powered and Manual) Market 2019 Global Market Demand, Opportunities, Growth Drivers, Challenges, Strategies and Forecasts 2028” Has been Added on WiseGuyReports.com.

Report Summary:

Global Wheelchairs Market to Grow at 2.94% CAGR by 2022

This report provides in depth study of “Wheelchairs (Powered and Manual) Market” using SWOT analysis i.e. Strength, Weakness, Opportunities and Threat to the organization. The Wheelchairs (Powered and Manual) Market report also provides an in-depth survey of key players in the market which is based on the various objectives of an organization such as profiling, the product outline, the quantity of production, required raw material, and the financial health of the organization.

The global wheelchairs (manual and powered) will grow at an incremental rate of 1.02 billion dollars between the years 2018 and 2022. The main factor that drives the growth of this market is the increasing demand of wheelchairs in post-treatment care in hospitals and at homes. The CAGR for the market is estimated at around 4%. The wheelchair market will grow at an annual rate of 2.94% in the years 2018 and 2022.

Wheelchairs (manual and powered) are used by people who have undergone treatment for different types of health issues and also by the aged to move around. wheelchairs (manual and powered) are primarily chairs that are provided with wheel to facilitate movement of people who cannot walk properly on their legs. Wheelchairs support the moving abilities thereby making a person independent in certain ways. With wheelchairs (manual and powered), a person can easily move from one place to another and indulge in basic chores without having to call out to someone for help.

There are a few major players who form a competitive global wheelchair (manual and powered) market. The major ones include Invacare, Sunrise Medical, Permobil Corp, Ottobock, Pride Mobility Hoveround Corp, Vermeiren, Nissin Medical and GF Health. All these players compete to provide good quality wheelchairs (manual and powered) at competitive prices to increase their market share.

Important Key Players Analysis: Invacare Corp, Sunrise Medical, Permobil Corp, Ottobock, Pride Mobility, Hoveround Corp, Medline, Hubang, Drive Medical, N.V. Vermeiren, Nissin Medical, GF Health and more.

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Market Segmentation

The global wheelchairs (manual and powered) market is divided broadly by Type and Application.

Wheelchairs are of two types- manual and powered. Wheelchairs (manual and powered) are both in great demand for patient care. The manual wheelchairs are the ones that need to be pushed by someone to move a patient from one place to another. Powered wheelchairs are automatic ones that are usually provided with a push button that can move the chair from one place to another making movement easier. The powered wheelchairs will dominate the global wheelchairs (manual and powered) market in the coming years. These wheelchairs, though highly priced, are available in different variants like electric wheelchairs and mobility scooters.

On the basis of the application, wheelchairs are used in hospitals and homes to provide mobility support to the patients who have undergone some kind of treatment. The hospital segment dominates the global market share although the use of wheelchairs at homes is also on the rise.

Regional Analysis

North America contributes the maximum share to the global wheelchairs (manual and powered) market. Europe, Middle East, Africa and Asia Pacific are other regions that are adding a considerable amount of revenue to the global wheelchairs market. In the coming years, Asia Pacific region will account for the largest share of the market. Asia Pacific region is expected to add almost 36% revenue to the global wheelchair market.

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Industry News

Wheelchairs (manual and powered) are used as mobility products and transfer devices at homes and hospitals. These are used to provide post-treatment care to patients who are not allowed to move or cannot move from one place to another on their own. Post treatment services like intensive care, critical care and neonatal care are the areas where wheelchairs are used. Wheelchairs (manual and powered) in such cases are used to support the patients and keep them under observation when they are unable to move.

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