Global Wheelchair Market 2022-2028
Wheelchair is a manually-operated or power-driven device designed primarily for use by an individual with a mobility disability for the main purpose of indoor or of both indoor and outdoor locomotion. Providing appropriate wheelchairs not only enhances mobility but begins a process of opening up a world of education, work and social life. In addition to providing mobility, an appropriate wheelchair benefits the physical health and quality of life of the users by helping in reducing common problems such as pressure sores, progression of deformities and improve respiration and digestion. According to Gen Consulting Company, the global wheelchair market is set to achieve an incremental growth of USD 5 billion, acelerating at a CAGR of almost 7.1% during the forecast period 2022-2028. Increase in geriatric population, rise in spinal cord injuries, increase in incidence of disabilities and accidents, rising consumer disposable income and improving standards of living, are expected to boost the market growth in the coming years.Increase in geriatric population, rise in spinal cord injuries, increase in incidence of disabilities and accidents, rising consumer disposable income and improving standards of living, are expected to boost the market growth in the coming years.
The report provides in-depth analysis and insights regarding the current global market scenario, latest trends and drivers into global wheelchair market. It offers an exclusive insight into various details such as market size, key trends, competitive landscape, growth rate and market segments. This study also provides an analysis of the impact of the COVID-19 crisis on the wheelchair industry.
This industry report offers market estimates and forecasts of the global market, followed by a detailed analysis of the product, type, end user, and region. The global market for wheelchair can be segmented by product: electric wheelchair, manual wheelchair, accessories. The electric wheelchair segment is estimated to account for the largest share of the global wheelchair market. Wheelchair market is further segmented by type: pediatric, adult. The adults segment held the largest revenue share in 2021. Based on end user, the wheelchair market is segmented into: homecare, hospitals and clinics, others. Globally, the homecare segment made up the largest share of the wheelchair market. On the basis of region, the wheelchair market also can be divided into: North America, Asia Pacific, Europe, Rest of the World (ROW).
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