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Asia Pacific Wheelchair Market Growth Set to Surge Significantly during 2021 – 2028 |Medline Industries, Inc., OTTOBOCK, MEYRA GMBH, KARMAN HEALTHCARE, INC, Sunrise Medical, LEVO AG, Permobil, etc.

08-23-2021 06:37 AM CET | Health & Medicine

Press release from: Business Market Insights

Asia Pacific Wheelchair Market

Asia Pacific Wheelchair Market

The Wheelchair market in Asia Pacific is expected to grow from US$ 1,095.8 million in 2021 to US$ 1,802.1 million by 2028; it is estimated to grow at a CAGR of 7.4% from 2021 to 2028.

The Business Market Insights provides you regional research analysis on “Asia Pacific Wheelchair Market” and forecast to 2028. The research report provides deep insights into the regional market revenue, parent market trends, macro-economic indicators, and governing factors, along with market attractiveness per market segment. The report provides an overview of the growth rate of the Asia Pacific Wheelchair market during the forecast period, i.e., 2020–2028.

Patients use wheelchairs when walking is impossible for them due to injury, illness, or disability. There are different types of wheelchairs available in the market, depending on the patient's requirement. There is a wide range of wheelchairs available differing by mechanisms of control, propulsion method, and technology used. There has been a significant effort in the last decade to develop a wheelchair.

Get Sample Copy of this Asia Pacific Wheelchair market research report at - https://www.businessmarketinsights.com/sample/TIPRE00023965

Companies Mentioned

Medline Industries, Inc.
OTTOBOCK
MEYRA GMBH
KARMAN HEALTHCARE, INC
Sunrise Medical
LEVO AG
Permobil

Greater risk of physical disabilities in elderly population boosts the demand for wheelchairs. As per the United Nations, globally 46% of people with age 60 and above have disabilities; ~250 million people have moderate to severe disabilities. Furthermore, the accumulation of health risks across a lifespan of disease, injury, and chronic illness contributes to higher disability rates among older people. As per the United Nations World Population Ageing Report, the global population of people with age 60 and above reached 962 million in 2017 from ~382 million in 1980, with more than two-times increase. The report also mentions that number of elderly people is further expected to double by 2050 to reach ~2.1 billion. Similarly, as per the Population Census 2011, in India, ~104 million Indians were with age 60 or above, comprising ~53 million females and ~51 million males. According to a report by the United Nations Population Fund and HelpAge, elderly population in India is estimated to grow to 173 million by 2026. Thus, the growing aging population across the world is bolstering the demand for wheelchairs.

By Product

Manual Wheelchair
Powered/Electric Wheelchair
Standard Powered Wheelchairs
Custom-Built Powered Wheelchairs
Smart Wheelchair

By Type

Centre Wheel Drive
Front Wheel Drive
Rear Wheel Drive
Standing Electric Wheelchair

By Application

Neurologically Impaired
Handicap Patients
Others

By End User

Rehabilitation Centres
Hospitals and Clinics
Homecare
Ambulatory Surgical Centres

By Usage

Adult
Paediatric

By Distribution Channel

Retail
E-Commerce

By Country

Asia Pacific
China
Japan
India
South Korea
Australia
Rest of Asia Pacific  

The study conducts SWOT analysis to evaluate strengths and weaknesses of the key player in the Asia Pacific Wheelchair market. Further, the report conducts an intricate examination of drivers and restraints operating in the market. The report also evaluates the trends observed in the parent market, along with the macro-economic indicators, prevailing factors, and market appeal with regard to different segments. The report predicts the influence of different industry aspects on the Asia Pacific Wheelchair market segments and regions.

Order a Copy of this Asia Pacific Wheelchair market research report at – https://www.businessmarketinsights.com/buy/single/TIPRE00023965

The research on the Asia Pacific Wheelchair market focuses on mining out valuable data on investment pockets, growth opportunities, and major market vendors to help clients understand their competitor’s methodologies. The research also segments the Asia Pacific Wheelchair market on the basis of end user, product type, application, and demography for the forecast period 2020–2028. Comprehensive analysis of critical aspects such as impacting factors and competitive landscape are showcased with the help of vital resources, such as charts, tables, and infographics.

This report strategically examines the micro-markets and sheds light on the impact of technology upgrades on the performance of the Asia Pacific Wheelchair market.

Contact US:
Business Market Insights
Phone: +442081254005
E-Mail ID: sales@businessmarketinsights.com
Web URL: https://www.businessmarketinsights.com/
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About Us:
Business Market Insights is a market research platform that provides subscription service for industry and company reports. Our research team has extensive professional expertise in domains such as Electronics; Semiconductor; Aerospace; Defense; Automotive; Transportation; Energy; Power; Healthcare; Manufacturing; Construction; Food; Beverages; Chemicals; Materials; and Technology, Media; Telecommunications.

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