Global Wheelchairs Market

Global Wheelchairs Market In-depth Analysis By
Players Invacare Corporation, Sunrise Medical LLC
Etc.
Wheelchair is used for mobility purpose by the disabled person or a person who is unable to
walk post injury or certain illness. Wheelchairs are available in two types, which are manual
wheelchair and power or electric wheelchair. They can be used for outdoor as well as indoor
purpose. New development and innovation, such as sports wheelchair, stair climbing
wheelchair, and smart wheelchair is expected to grow wheelchairs market in the near future.
Customized form of wheelchairs designed for daily use or for certain field activity are also
available. Wheelchairs minimize the problems or pain of the user such as back pain, sores,
digestion, and respiration. The manual wheelchair is mostly used by the patient who has upper
body strength and electric wheelchairs are used by patients who feel fatigue easily. Solar
powered with a retractable roof wheelchairs are also available where solar panels are embedded
on the top instead of batteries.
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The growth in aging population and disabilities contribute the major market share for the
wheelchairs market in the near future.
The global Wheelchair market was valued at US$ 4,390.4 million in 2016 and is expected to
witness a robust CAGR of 15% during the forecast period (2017-2025).
Report includes chapters which deeply display the following deliverable about industry :
• Global Wheelchairs Market Research Objective and Assumption
• Global Wheelchairs Market Purview - Report Description, Executive Summary, and Coherent
Opportunity Map (COM)
• Global Wheelchairs Market Dynamics, Regulations, and Trends Analysis - Market Dynamics,
Regulatory Scenario, Industry Trend, Merger and Acquisitions, New system Launch/Approvals,
Value Chain Analysis, Porter’s Analysis, and PEST Analysis
• Global Global Wheelchairs Market, By Regions
• Global Wheelchairs Market Competition by Manufacturers including Production, Share,
Revenue, Average Price, Manufacturing Base Distribution, Sales Area and Product Type.
• Global Wheelchairs Market Manufacturers Profiles/Analysis including Company Basic
Information, Manufacturing Base and Its Competitors.
• Global Wheelchairs Market Manufacturing Cost Analysis including Key Raw Materials and Key
Suppliers of Raw Materials.
• Industrial Chain, Sourcing Strategy and Downstream Buyers including Upstream Raw Materials
Sourcing and Downstream Buyers
• Marketing Strategy Analysis, Distributors/Traders including Marketing Channel, Market
Positioning and Distributors/Traders List.
• Market Effect Factors Analysis including Technology Progress/Risk, Consumer Needs/Customer
Preference Change and Economic/Political Environmental Change.
• Global Wheelchairs Market Forecast including Production, Consumption, Import and Export
Forecast by Type, Applications and Region.
• Research Findings and Conclusion
Rise in aging population is expected to favor the growth of wheelchair market
North America accounts for the largest share in the global wheelchair market, followed by
Europe and Asia Pacific. Mostly wheelchairs are used by elder people who are near to the age
of 60’s and above. As per Population Reference Bureau 2016 report, in the U.S. around 46
million people of age 60 and above are estimated to use wheel chair, the number is expected
to reach around 98 million by 2060 supporting the share of North America for the wheelchairs
market. Asia Pacific region is expected to show growth in wheel chair market, owing to
increasing population in economies like China and India. Major investments in healthcare fuels
the growth of wheelchairs market in this region. The wheelchairs market is expected to show
high growth rate in Asia-Pacific region over the forecast period as Asia consist of 60% of the
world’s current population.
Market Dynamics
The wheelchair market growth is expected to gain traction in the near future, as a result of rise
in geriatric population and lower limb amputation cases due to various impairment such as
diabetes and vascular diseases at constant rate. According to Centers of Disease Control and
Prevention 2014 report (CDC), in the U.S., around 30.0 million people were diagnosed with
diabetes and around 8.0 million people are living with undiagnosed diabetes.
Additionally, according to European Journal Aerzteblatt-international.de 2017 report, there were
around 100,000 lower limb amputation caused by trauma, intoxication, musculoskeletal disease,
diseases of the skin, and subcutaneous tissue or neoplasia that leads to the disability, which in
turn is also expected to favor the wheelchair market in the near future.
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Market Taxonomy
The report segments the global wheelchairs market on basis of product type, weight, modality
end-user, and geography. On the basis of product type, the wheelchair market is categorized
into manual wheelchairs and electronic wheelchair, where manual wheelchairs are subcategorized into active wheelchairs, transport wheelchairs, and others. Whereas, electronic
wheelchairs are sub-categorized into center wheel drive electric wheelchair, front wheel drive
electric wheelchair, standing electric wheelchair, and rear wheel drive electric wheelchairs.
Electronic wheelchair segment dominates the wheelchair market throughout the forecast period.
On the basis of weight, the wheelchair market is divided into two segment, which are light
weight and heavy weight wheelchairs. Furthermore, market is segmented on basis of modality
that include pediatric powered wheelchairs and adult powered wheelchairs. On basis of enduser, the wheelchair market is segmented into hospitals, clinics, ambulatory surgical centers,
home care settings, and others. The last segment of wheelchairs market is on the basis of
geography, which is divided into North America, Latin America, Europe, Asia Pacific, Middle
East, and Africa. Among all regions, North America contributes major market share supported
by increased incidence rate of disabilities.
Key players operating the Wheelchair market includes Invacare Corporation, Sunrise Medical
LLC, Ottobock Healthcare, 21st Century Scientific, Inc., Permobil AB, Pride Mobility Products
Corporation, LEVO AG, GF Health Products, Inc., MEYRA GmbH, Hoveround Corporation,
Aquila Corporation, Aspen Seating, Drive Medical, Eagle Sportschairs LLC., EASE Seating
System, and Medical Depot Incorporation.
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Wheelchair is used for mobility purpose by the disabled person or a person who is unable to walk post injury or certain illness.