COVID-19 Impact Review: Manual Wheelchair Market 2020 by Growing Demand, Development Trends, Market Strategies, End User, Geography and Opportunities Analysis 2025

The global manual wheelchair market is projected to reach $4,099.1 million by 2025, registering a CAGR of 5.8% from 2018 to 2025. Manual wheelchair is a manually operated wheeled mobility device. It is specifically designed for use by individuals with mobility, lower extremity, and spinal cord disabilities. Increase in diseases and disorders, such as tetraplegia, impairment, spinal cord injuries, and others, that causes inability to walk, majorly drives the market growth. In addition, rise in geriatric patients that are susceptible to walking disabilities, increase in obesity and cardiovascular diseases, and improvement in hospital facility for in-hospital patient treatment drive the manual wheelchair market.

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The global manual wheelchair market is segmented based on category, design & function, end user, and region. Based on category, it is bifurcated into adult and pediatric. Based on design & function, it is classified into basic wheelchair, sports wheelchairs, bariatric wheelchairs, standing wheelchair and others. Based on end user, the market is classified into homecare, institution, and others. Based on region, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

The basic wheelchair segment accounted for a major manual wheelchair market share in 2018 and is expected to hold a significant share in the global market throughout the forecast period. Basic wheelchairs are durable, easy to maintain, and provide enhanced function and positioning to user. They are generally suitable for users who have control of the upper limbs. They usually are folding, allowing easier storage when not in use or when traveling. Basic wheelchairs are also suitable for short trips and occasional use but can usually be found in institutions such as hospitals, where they will be heavily used by multiple users. Basic wheelchair offers versatility and high performance for the users as these chairs are fully customizable with various options that make it comfortable for the user. In addition, recent advancements in material and engineering design of manual wheelchair are expected to drive the basic wheelchair market during the forecast period.

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By end user, the institution segment dominated the manual wheelchair market. The growth of this segment is driven by an increase in the prevalence of neurological conditions, cancer, gynecological complications, ophthalmic ailments, and cardiac disorders. Treatment of these disorders often requires surgical intervention, which increases the need for long-term care, thereby driving the demand for manual wheelchair market. In addition, rise in investment on healthcare industry and hospitals in the developing and developed region also contribute to the growth of the manual wheelchair market during the forecast period.

Based on region, North America dominated the manual wheelchair market in 2018 and is expected to grow at a steady pace during the forecast period. However, Asia-Pacific is expected to grow at the highest CAGR of 6.4% owing to the presence of high population base, rise in prevalence of chronic diseases, and increase in healthcare funding by the government. This region is the fastest growing market for these equipment, due to growth in bariatric & geriatric patients in China, Japan, India, and others.

The leading players in the manual wheelchair industry focus on providing customized solution to consumers as their key strategies to gain a significant share in the market. Strategies such as product launch and acquisition, have also helped the key players to gain a significant share in the global manual wheelchair market. The key players profiled in the report include Etac AB, Gf Health Products, Inc., Invacare Corporation, Karma Medical Products Co., Ltd., Medical Depot, Inc. (Drive DeVilbiss Healthcare), Medline Industries, Inc., Meyra Group, NOVA Medical Products, Panthera AB, and Sunrise Medical (US) LLC.

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