
Wheelchair Manufacturing in the US - Industry Market Research Report
Description
Wheelchair Manufacturing in the US
Wheelchair manufacturers have enjoyed solid growth over the past five years, though revenue dipped in 2020 as the COVID-19 pandemic stifled foot traffic from the industry's largest base of consumers. Strong federal funding for healthcare has helped hospitals and consumers afford wheelchairs. The average age of the US population continues to rise as healthcare improves, expanding demand for wheelchairs. Exports have yet to rebound from COVID-era drops, but strong, reliable demand has kept the industry on an upward trajectory. Industry-wide revenue has been growing at a CAGR of 1.9% over the past five years and is expected to total $734.3 million in 2023, when revenue will jump an estimated 3.3%.
Operators in this industry manufacture manual and powered wheelchairs and powered scooters.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
Wheelchair manufacturers have enjoyed solid growth over the past five years, though revenue dipped in 2020 as the COVID-19 pandemic stifled foot traffic from the industry's largest base of consumers. Strong federal funding for healthcare has helped hospitals and consumers afford wheelchairs. The average age of the US population continues to rise as healthcare improves, expanding demand for wheelchairs. Exports have yet to rebound from COVID-era drops, but strong, reliable demand has kept the industry on an upward trajectory. Industry-wide revenue has been growing at a CAGR of 1.9% over the past five years and is expected to total $734.3 million in 2023, when revenue will jump an estimated 3.3%.
Operators in this industry manufacture manual and powered wheelchairs and powered scooters.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
Table of Contents
43 Pages
- ABOUT THIS INDUSTRY
Industry Definition
Main Activities
Similar Industries
Additional Resources
INDUSTRY AT A GLANCE
INDUSTRY PERFORMANCE
Executive Summary
Key External Drivers
Current Performance
Industry Outlook
Industry Life Cycle
PRODUCTS & MARKETS
Supply Chain
Products & Services
Demand Determinants
Major Markets
International Trade
Business Locations
COMPETITIVE LANDSCAPE
Market Share Concentration
Key Success Factors
Cost Structure Benchmarks
Basis of Competition
Barriers to Entry
Industry Globalization
MAJOR COMPANIES
OPERATING CONDITIONS
Capital Intensity
Technology & Systems
Revenue Volatility
Regulation & Policy
Industry Assistance
KEY STATISTICS
Industry Data
Annual Change
Key Ratios
JARGON & GLOSSARY
Search Inside Report
Pricing
Currency Rates
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