Global Wheelchair Market To Reach USD 9.08 Billion By 2030

The global wheelchair market is expected to reach USD 9.08 Billion by 2030, according to a new report by Reports and Data. The wheelchair is an assisted walking device to improve the quality of life by supporting personal mobility-related issues in people who have troubles in walking, such as individuals with spinal cord injuries leading to muscular dystrophy, among others. Wheelchairs offer freedom to the disabled person and caretaker, enabling them to carry out daily tasks with convenience. Besides, providing mental health and social benefits, a wheelchair improves the physical health by aiding in the reduction of general problems comprising deformities progression, pressure sores, and better metabolism and respiration.

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Market Dynamics:

The global Wheelchair market is rapidly gaining traction over the recent years and is expected to register robust revenue growth throughout the forecast period of 2021 and 2028. The consumer goods sector is rapidly growing due to factors such as paradigm shift in consumer preferences, rising demand for convenience and ongoing COVID-19 pandemic. Rapid revenue growth is attributed to factors such as rising disposable income, improvements in standard of living, and increasing preference for organic food and plant based food products. Moreover, rising health conscious population, increasing preference for online shopping and doorstep deliveries and growing inclination of veganism in several countries across the globe and increasing focus on developing novel products to cater to consumer demand are other factors expected to support market growth going ahead

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Competitive Landscape:

The research report offers details about leading companies in the global Wheelchair market along with global position, financial standing, license agreement, products and services portfolio and revenue contribution of each market player. Key players in the market are focusing on adopting various strategies such as mergers and acquisition, business expansion plans, new product launches, partnerships, collaborations, joint ventures to enhance their product base and gain robust footing in the market.

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Major Companies:
• Carex,
• Medline Industries, Inc.,
• Karman Healthcare, Inc.,
• Quantum Rehab,
• Sunrise Medical, Inc.,
• GF Health Products, Inc.,
• Numotion,
• Invacare Corporation,
• Meyra Group GmbH, Miki Kogyosho Co., Ltd.

Market Segmentation:

The report also sheds light on the market segmentation based on type, application and region:

By Product Outlook
• Manual
• Electric

By Category Outlook
• Adult
• Paediatric

By Application Outlook
• Homecare
• Hospitals & Clinics
• Rehabilitation Centres
• Ambulatory Surgical Centres

Wheelchair Market Segmentation based on Regions:

North America
o U.S.
o Canada
o Mexico
• Europe
o Germany
o U.K.
o France
o Italy
o Spain
o Benelux
o Rest of Europe
• Asia Pacific
o China
o India
o Japan
o South Korea
o Rest of Asia Pacific
• Latin America
o Brazil
o Rest of Latin America
• Middle East & Africa
o Saudi Arabia
o UAE
o South Africa
o Rest of Middle East & Africa

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