An overview of conceptual frameworks, analytical approaches of the wheelchair is the main objective of the report, which further consists the market opportunity and insights of the data involved in the making of the respective market. The wheelchair market is expected to grow with significant rate in the near future.
The global wheel chair market in 2020 is estimated for more than US$ 5.5 Bn and expected to reach a value of US$ 9.6 Bn by 2028 with a significant CAGR of 7.3%.
Wheelchair Market Definition
Wheelchairs are assistive mobility devices that help people that are physically affected and are not able to perform their daily activities normally. They are segregated into major four categories that define the new edge of mobility devices such as general-purpose, power wheelchairs, motorized wheelchairs, and manual sports wheelchairs.
Manual wheelchairs are common in their kind and may be operated by the user’s hand or can be propelled by the other person. The reason for being wheelchairs market a growing market is the availability of the products matches the demand of the same and makes it a better market to get into. Since the wheelchairs are available in a variety of shapes, sizes, and prices, which are available, appropriate, and affordable for the demanding population.
Wheelchair Market Dynamics
The rise in the geriatric population in the world and their physical ailments making them unsuitable to perform their daily activities is expected to be one of the important reasons for an increase in traction of the wheelchairs market in the near future.
An increase in sports injury globally is expected to be another reason that is expected to favor the growth in the wheelchairs market over the forecast period. In 2017, around 3.6 Mn people in the U.S. under the age of 15 were using wheelchairs according to pantsupeasy, which is further expected to increase over the forecast period.
Increasing expenditure in technology under the healthcare industry is also one of the major factors, which is expected to increase the demand for wheelchairs market globally over the forecast period. The increase in adoption of wheelchairs by the various affected groups may enhance the demand for the wheelchairs product. Also, the significant increase in demand for more subtle and smooth performing items in wheelchair products is expected to support the increase in the demand for wheelchairs globally.
Wheelchair Market Segmentation
The wheelchair market is segmented on the basis of product type, weight, modality, end-user, and region
On the basis of product type, the wheelchairs market can be segmented into:
• Manual Wheelchairs
o Active Wheelchair
o Transport Wheelchair
o Others
• Electronic Wheelchairs
o Center Wheel Drive Electric Wheelchair
o Front Wheel Drive Electric Wheelchair
o Standing Electric Wheelchair
o Rear Wheel Drive An Electric Wheelchair
The manual wheelchairs are further segmented into the active wheelchair, transport wheelchair, and others. The electronic wheelchairs are also further divided into center wheel drive electric wheelchair, front wheel drive electric wheelchair, standing electric wheelchair and rear wheel drive an electric wheelchair.
Furthermore, on the basis of weight, the global wheelchairs market can be segmented into:
• Lightweight Wheelchair
• Heavy Wheelchairs
On the basis of modality, the global wheelchairs market can be segmented into:
• Pediatric Powered Wheelchairs
• Adult Powered Wheelchairs
On the basis of the end user, the global wheelchairs market can be segmented into:
• Hospitals
• Clinics
• Ambulatory Surgical Centers
• Home Care Settings
• Others
The wheelchairs market is expected to increase at a significant CAGR over the forecast period owing to the increasing geriatric population and an increase in the frequency of disability among the various group of population.
Wheelchair Market Regional Overview
On the basis of region, the global wheelchairs market is segmented into six regions namely North America, Latin America, Asia Pacific, Europe, Middle East, and Africa. North America wheelchairs market is expected to be the most dominating market throughout the forecast period. Availability of key players and increasing healthcare expenditure in the region are some of the revenue-boosting factors.
Wheelchair Market Key Players
Wheelchairs market is mainly dominated by:
• Invacare Corporation
• Sunrise Medical LLC
• Permobil AB
• Pride Mobility Products Corporation
• LEVO AG
• GF Health Products, Inc.
• MEYRA GmbH
• Aspen Seating
• Drive Medical
• Hoveround Corporation
• Aquila Corporation
• EASE Seating System
• Eagle Sportschairs LLC
• Medical Depot Incorporation
MMC Overview on Wheelchair Market Report
The non-identical approach of Meridian Market Consultants stands with conceptual methods backed up with the data analysis. The novel market understanding approach makes up the standard of the assessment results that give better opportunity for the customers to put their effort.
A research report on the Wheelchair market by Meridian Market Consultants is an in-depth and extensive study of the market based on the necessary data crunching and statistical analysis. It provides a brief view of the dynamics flowing through the market, which includes the factors that supports market and the factors that are acting as impedance for the growth of the market.
Furthermore, the report includes the various trends and opportunities in the respective market in different regions for a better understanding of readers that helps to analyze the potential of the market. The report is titled as ‘Wheelchair Market: Opportunity Analysis and Future Assessment 2020-2028’.
Factors that are benchmarked while estimating the market
Various factors that are benchmarked while estimating the market growth includes (but not restricted to):
• New product designs and launches
• Current product compliance
• Reimbursement
• Concerns for use of Wheelchair
• Advantage of Wheelchair
Actions taken by the manufacturer and respective regulatory authorities also impact the market growth of the segment. These factors are understood at regional level and in major countries globally for providing regional insights of the product segment in the report. This helps our clients to take informed decision.
A mix of top-down and bottom-up approach is followed to arrive and validate our market value estimations. For a product segment like wherein one/two manufacturer(s) dominates the market, it’s products sales, previous growth rates and market expansion plans are considered to generate market share in the global market.
1. Global Wheelchair Market Report Overview
1.1. Introduction
1.2. Report Description
1.3. Methodology
2. Global Wheelchair Market Overview
2.1. Introduction
2.1.1. Market Definition
2.1.2. Market Taxonomy
2.2. Executive Summary
2.3. Global Wheelchair Market Snapshot
2.4. Global Wheelchair Market Size and Forecast, 2020–2028
2.4.1. Introduction
2.4.2. Market Value Forecast and Annual Growth Rate (AGR) Comparison (2020–2028)
2.5. Global Wheelchair Market Dynamics
2.5.1. Drivers
2.5.2. Restraints
2.5.3. Opportunity
2.5.4. Trends
2.6. Key Regulations
2.7. Porter’s Five Forces Model
3. Global Wheelchair Market, By Product Type
3.1. Introduction
3.1.1. Annual Growth Rate Comparison, By Product Type
3.1.2. BPS Analysis, By Product Type
3.2. Market Revenue (US$Mn) Forecast, By Product Type
3.2.1. Manual Wheelchairs
3.2.1.1. Active Wheelchairs (Sports Wheelchairs)
3.2.1.2. Transport Wheelchairs
3.2.1.3. Others
3.2.2. Electronic Wheelchairs
3.2.2.1. Centre Wheel Drive Electric Wheelchair
3.2.2.2. Front Wheel Drive Electric Wheelchair
3.2.2.3. Standing Electric Wheelchair
3.2.2.4. Rear Wheel Drive Electric Wheelchair
3.2.3. Global Wheelchair Market Attractiveness Index, By Product Type
4. Global Wheelchair Market, By Weight
4.1. Introduction
4.1.1. Annual Growth Rate Comparison, By Weight
4.1.2. BPS Analysis, By Weight
4.2. Market Revenue (US$Mn) Forecast, By Weight
4.2.1. Light Weight Wheelchairs
4.2.2. Heavy Weight Wheelchairs
4.3. Global Wheelchair Market Attractiveness Index, By Weight
5. Global Wheelchair Market, By Modality
5.1. Introduction
5.1.1. Annual Growth Rate Comparison, By Modality
5.1.2. BPS Analysis, By Modality
5.2. Market Revenue (US$Mn) Forecast, By Modality
5.2.1. Pediatric Powered Wheelchairs
5.2.2. Adults Powered Wheelchairs
5.3. Global Wheelchair Market Attractiveness Index, By Modality
6. Global Wheelchair Market, By End User
6.1. Introduction
6.1.1. Annual Growth Rate Comparison, By End User
6.1.2. BPS Analysis, By End User
6.2. Market Revenue (US$Mn) Forecast, By End User
6.2.1. Hospitals
6.2.2. Clinics
6.2.3. Ambulatory Surgical Centers
6.2.4. Home Care Settings
6.2.5. Others
6.3. Global Wheelchair Market Attractiveness Index, By End User
7. Global Wheelchair Market, By Region
7.1. Introduction
7.1.1. Annual Growth Rate Comparison, By Region
7.1.2. BPS Analysis, By Region
7.2. Market Revenue (US$Mn) Forecast, By Region
7.2.1. North America
7.2.2. Latin America
7.2.3. Europe
7.2.4. Asia Pacific
7.2.5. Middle East
7.2.6. Africa
7.3. Global Wheelchair Market Attractiveness Index, By Region
8. North America Wheelchair Market Analysis and Forecast, 2020–2028
8.1. Introduction
8.1.1. Annual Growth Rate Comparison, By Country
8.1.2. BPS Analysis, By Country
8.2. Market Revenue (US$Mn) Forecast, By Country
8.2.1. U.S. Wheelchair Market
8.2.2. Canada Wheelchair Market
8.3. North America Wheelchair Market, By Product Type
8.3.1. Manual Wheelchairs
8.3.1.1. Active Wheelchairs (Sports Wheelchairs)
8.3.1.2. Transport Wheelchairs
8.3.1.3. Others
8.3.2. Electronic Wheelchairs
8.3.2.1. Centre Wheel Drive Electric Wheelchair
8.3.2.2. Front Wheel Drive Electric Wheelchair
8.3.2.3. Standing Electric Wheelchair
8.3.3. Rear Wheel Drive Electric Wheelchair
8.4. North America Wheelchair Market, By Weight
8.4.1. Light Weight Wheelchairs
8.4.2. Heavy Weight Wheelchairs
8.5. North America Wheelchair Market, By Modality
8.5.1. Pediatric Powered Wheelchairs
8.5.2. Adults Powered Wheelchairs
8.6. North America Wheelchair Market, By End User
8.6.1. Hospitals
8.6.2. Clinics
8.6.3. Ambulatory Surgical Centers
8.6.4. Home Care Settings
8.6.5. Others
8.7. North America Wheelchair Market Attractiveness Index
8.7.1. By Country
8.7.2. By Product Type
8.7.3. By Weight
8.7.4. By Modality
8.7.5. By End User
9. Latin America Wheelchair Market Analysis and Forecast, 2020–2028
9.1. Introduction
9.1.1. Annual Growth Rate Comparison, By Country
9.1.2. BPS Analysis, By Country
9.2. Market (US$Mn) Forecast, By Country
9.2.1. Brazil Wheelchair Market
9.2.2. Mexico Wheelchair Market
9.2.3. Argentina Wheelchair Market
9.2.4. Rest of Latin America Wheelchair Market
9.3. Latin America Wheelchair Market, By Product Type
9.3.1. Manual Wheelchairs
9.3.1.1. Active Wheelchairs (Sports Wheelchairs)
9.3.1.2. Transport Wheelchairs
9.3.1.3. Others
9.3.2. Electronic Wheelchairs
9.3.2.1. Centre Wheel Drive Electric Wheelchair
9.3.2.2. Front Wheel Drive Electric Wheelchair
9.3.2.3. Standing Electric Wheelchair
9.3.3. Rear Wheel Drive Electric Wheelchair
9.4. Latin America Wheelchair Market, By Weight
9.4.1. Light Weight Wheelchairs
9.4.2. Heavy Weight Wheelchairs
9.5. Latin America Wheelchair Market, By Modality
9.5.1. Pediatric Powered Wheelchairs
9.5.2. Adults Powered Wheelchairs
9.6. Latin America Wheelchair Market, By End User
9.6.1. Hospitals
9.6.2. Clinics
9.6.3. Ambulatory Surgical Centers
9.6.4. Home Care Settings
9.6.5. Others
9.7. Latin America Wheelchair Market Attractiveness Index
9.7.1. By Country
9.7.2. By Product Type
9.7.3. By Weight
9.7.4. By Modality
9.7.5. By End User
10. Europe Wheelchair Market Analysis and Forecast, 2020–2028
10.1. Introduction
10.1.1. Annual Growth Rate Comparison, By Country
10.1.2. BPS Analysis, By Country
10.2. Market (US$Mn) Forecast, By Country
10.2.1. U.K. Wheelchair Market
10.2.2. Germany Wheelchair Market
10.2.3. Italy Wheelchair Market
10.2.4. France Wheelchair Market
10.2.5. Spain Wheelchair Market
10.2.6. Russia Wheelchair Market
10.2.7. Poland Wheelchair Market
10.2.8. BENELUX Wheelchair Market
10.2.9. NORDIC Wheelchair Market
10.2.10. Rest of Europe Wheelchair Market
10.3. Europe Wheelchair Market, By Product Type
10.3.1. Manual Wheelchairs
10.3.1.1. Active Wheelchairs (Sports Wheelchairs)
10.3.1.2. Transport Wheelchairs
10.3.1.3. Others
10.3.2. Electronic Wheelchairs
10.3.2.1. Centre Wheel Drive Electric Wheelchair
10.3.2.2. Front Wheel Drive Electric Wheelchair
10.3.2.3. Standing Electric Wheelchair
10.3.3. Rear Wheel Drive Electric Wheelchair
10.4. Europe Wheelchair Market, By Weight
10.4.1. Light Weight Wheelchairs
10.4.2. Heavy Weight Wheelchairs
10.5. Europe Wheelchair Market, By Modality
10.5.1. Pediatric Powered Wheelchairs
10.5.2. Adults Powered Wheelchairs
10.6. Europe Wheelchair Market, By End User
10.6.1. Hospitals
10.6.2. Clinics
10.6.3. Ambulatory Surgical Centers
10.6.4. Home Care Settings
10.6.5. Others
10.7. Europe Wheelchair Market Attractiveness Index
10.7.1. By Country
10.7.2. By Product Type
10.7.3. By Weight
10.7.4. By Modality
10.7.5. By End User
11. Asia Pacific Wheelchair Market Analysis and Forecast, 2020–2028
11.1. Introduction
11.1.1. Annual Growth Rate Comparison, By Country
11.1.2. BPS Analysis, By Country
11.2. Market (US$Mn) Forecast, By Country
11.2.1. China Wheelchair Market
11.2.2. India Wheelchair Market
11.2.3. Japan Wheelchair Market
11.2.4. Australia and New Zealand Wheelchair Market
11.2.5. South Korea Wheelchair Market
11.2.6. ASEAN Wheelchair Market
11.2.7. Rest of Asia Pacific Wheelchair Market
11.3. Asia Pacific Wheelchair Market, By Product Type
11.3.1. Manual Wheelchairs
11.3.1.1. Active Wheelchairs (Sports Wheelchairs)
11.3.1.2. Transport Wheelchairs
11.3.1.3. Others
11.3.2. Electronic Wheelchairs
11.3.2.1. Centre Wheel Drive Electric Wheelchair
11.3.2.2. Front Wheel Drive Electric Wheelchair
11.3.2.3. Standing Electric Wheelchair
11.3.3. Rear Wheel Drive Electric Wheelchair
11.4. Asia Pacific Wheelchair Market, By Weight
11.4.1. Light Weight Wheelchairs
11.4.2. Heavy Weight Wheelchairs
11.5. Asia Pacific Wheelchair Market, By Modality
11.5.1. Pediatric Powered Wheelchairs
11.5.2. Adults Powered Wheelchairs
11.6. Asia Pacific Wheelchair Market, By End User
11.6.1. Hospitals
11.6.2. Clinics
11.6.3. Ambulatory Surgical Centers
11.6.4. Home Care Settings
11.6.5. Others
11.7. Asia Pacific Wheelchair Market Attractiveness Index
11.7.1. By Country
11.7.2. By Product Type
11.7.3. By Weight
11.7.4. By Modality
11.7.5. By End User
12. Middle East Wheelchair Market, By Region
12.1. Introduction
12.1.1. Annual Growth Rate Comparison, By Country
12.1.2. BPS Analysis, By Country
12.2. Market (US$Mn) Forecast, By Country
12.2.1. GCC Countries Wheelchair Market
12.2.2. Israel Wheelchair Market
12.2.3. Oman Wheelchair Market
12.2.4. Rest of Middle East Wheelchair Market
12.3. Middle East Wheelchair Market, By Product Type
12.3.1. Manual Wheelchairs
12.3.1.1. Active Wheelchairs (Sports Wheelchairs)
12.3.1.2. Transport Wheelchairs
12.3.1.3. Others
12.3.2. Electronic Wheelchairs
12.3.2.1. Centre Wheel Drive Electric Wheelchair
12.3.2.2. Front Wheel Drive Electric Wheelchair
12.3.2.3. Standing Electric Wheelchair
12.3.3. Rear Wheel Drive Electric Wheelchair
12.4. Middle East Wheelchair Market, By Weight
12.4.1. Light Weight Wheelchairs
12.4.2. Heavy Weight Wheelchairs
12.5. Middle East Wheelchair Market, By Modality
12.5.1. Pediatric Powered Wheelchairs
12.5.2. Adults Powered Wheelchairs
12.6. Middle East Wheelchair Market, By End User
12.6.1. Hospitals
12.6.2. Clinics
12.6.3. Ambulatory Surgical Centers
12.6.4. Home Care Settings
12.6.5. Others
12.7. Middle East Wheelchair Market Attractiveness Index
12.7.1. By Country
12.7.2. By Product Type
12.7.3. By Weight
12.7.4. By Modality
12.7.5. By End User
13. Africa Wheelchair Market, By Region
13.1. Introduction
13.1.1. Annual Growth Rate Comparison, By Country
13.1.2. BPS Analysis, By Country
13.2. Market (US$Mn) Forecast, By Country
13.2.1. South Africa Wheelchair Market
13.2.2. Egypt Wheelchair Market
13.2.3. North Africa Wheelchair Market
13.2.4. Rest of Africa Wheelchair Market
13.3. Africa Wheelchair Market, By Product Type
13.3.1. Manual Wheelchairs
13.3.1.1. Active Wheelchairs (Sports Wheelchairs)
13.3.1.2. Transport Wheelchairs
13.3.1.3. Others
13.3.2. Electronic Wheelchairs
13.3.2.1. Centre Wheel Drive Electric Wheelchair
13.3.2.2. Front Wheel Drive Electric Wheelchair
13.3.2.3. Standing Electric Wheelchair
13.3.3. Rear Wheel Drive Electric Wheelchair
13.4. Africa Wheelchair Market, By Weight
13.4.1. Light Weight Wheelchairs
13.4.2. Heavy Weight Wheelchairs
13.5. Africa Wheelchair Market, By Modality
13.5.1. Pediatric Powered Wheelchairs
13.5.2. Adults Powered Wheelchairs
13.6. Africa Wheelchair Market, By End User
13.6.1. Hospitals
13.6.2. Clinics
13.6.3. Ambulatory Surgical Centers
13.6.4. Home Care Settings
13.6.5. Others
13.7. Africa Wheelchair Market Attractiveness Index
13.7.1. By Country
13.7.2. By Product Type
13.7.3. By Weight
13.7.4. By Modality
13.7.5. By End User
14. Recommendation
14.1. Market Strategy
15. Competitive Landscape
15.1. Competition Dashboard
15.2. List and Company Overview of Global Key Players
15.3. Company Profiles
15.3.1. Invacare Corporation
15.3.1.1. Company Overview
15.3.1.2. Financial Overview
15.3.1.3. Product Portfolio
15.3.1.4. Key Developments
15.3.1.5. Business Strategies
15.3.2. Sunrise Medical LLC
15.3.3. Permobil AB
15.3.4. Pride Mobility Products Corporation
15.3.5. LEVO AG
15.3.6. GF Health Products, Inc.
15.3.7. MEYRA GmbH
15.3.8. Aspen Seating
15.3.9. Drive Medical
15.3.10. Hoveround Corporation
15.3.11. Aquila Corporation
15.3.12. EASE Seating System
15.3.13. Eagle Sportschairs LLC
15.3.14. Medical Depot Incorporation
16. Acronyms
Frequently Asked Questions
What is the projected market size & Compound Annual Growth Rate (CAGR) of the market?
The global wheel chair market in 2020 is estimated for more than US$ 5.5 Bn and expected to reach a value of US$ 9.6 Bn by 2028 with a significant CAGR of 7.3%.
What are the key factors driving the growth of market?
The rise in the geriatric population, an increase in sports injury globally, and increasing expenditure in technology under the healthcare industry are some of the major factors which are expected to drive the growth of market
What segments are covered in market report?
The wheelchair market is segmented on the basis of product type, weight, modality, end-user, and region
What are the key participating players in the market?
Invacare Corporation, Sunrise Medical LLC, Permobil AB, Pride Mobility Products Corporation, LEVO AG, GF Health Products, Inc., MEYRA GmbH, Aspen Seating, Drive Medical, Hoveround Corporation, Aquila Corporation, EASE Seating System, Eagle Sportschairs LLC, and Medical Depot Incorporation are some of the key participating players in the global wheelchair market
