The global wheelchair market is expected to reach USD 3.89 Billion by 2027, 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.
COVID-19 Impact
The COVID-19 pandemic is having a significant impact on the wheelchair industry. Demand for the product has seen an increase in demand to assist the mobility of COVID-19 infected patients, especially the elderly. However, the shutdown of the manufacturing sector and lockdown restriction is causative of the disruption of the value chain, which, in turn, has an impact on the supply of wheelchairs
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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.
Some of the Leading Market Players Are Listed Below:
- Drive Medical Design Manufacturing
- Carex Health Brands Inc.
- Medline
- Invacare
- Karman Healthcare
- Pride Mobility Products Corporation
- Quantum Rehab
- Sunrise Medical LLC
- Graham-Field Health Products Inc
- Numotion
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Wheelchair Market Segmentation based on Types:
- Manual
- Electric
Wheelchair Market Segmentation based on Application:
- Pediatric
- Adults
Wheelchair Market Segmentation based on End-User Outlook:
- Homecare
- Hospitals
- Ambulatory Surgical Centers
- Rehabilitation Centers
Wheelchair Market Segmentation based on Regions:
- North America (U.S., Canada, Mexico)
- Europe (Germany, U.K., France, Italy, Spain, Benelux, Rest of Europe)
- Asia Pacific (China, India, Japan, South Korea, Rest of Asia Pacific)
- Latin America (Brazil, Rest of Latin America)
- Middle East Africa (Saudi Arabia, UAE, South Africa, Rest of Middle East Africa)
Key Features of the global Wheelchair Market:
- The report offers detailed estimations at the regional level with manufacturers, consumption, sales and import/export dynamics.
- The report provides accurate details related of the manufacturers/vendors in the market, company overview, pricing analysis, financial standing, product portfolio, and gross profit of leading companies.
- Company profiling with prevalent expansion strategies, revenue generation, and recent developments.
- Optimum strategic initiatives for new players in the market.
- Manufacturing processes, suppliers, cost, rates of production and consumption, transport mode and cost structuring, and value chain analysis.
- The study also includes supply chain trends, including elaborate descriptions of the latest technological development
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