Growth Opportunities in the Global Wheelchair Market
The future of the global wheelchair market looks promising with opportunities in homecare andinstitutions. The global wheelchair market is expected to reach an estimated $6.1 billion by 2022and is forecast to grow at a CAGR of 5.9% from 2017 to 2022. The major drivers for the growth ofthis market are growing elderly population, rising spinal cord injuries, and necessity of wheelchairfor physically disabled people.
In this market, manual wheelchairs and power wheelchairs are used by physically disabled personswho are unable to walk by themselves. On the basis of comprehensive research, Lucintel forecaststhat the power wheelchair product type is expected to witness significant growth during the forecastperiod.
Within the global wheelchair market, manual wheelchair is the largest segment by product typeduring the trend period.
This unique report from Lucintel will provide you with valuable information, insights, and toolsneeded to identify new growth opportunities and operate your business successfully in this market.
This report will save hundreds of hours of your own personal research time and will significantlybenefit you in expanding your business in this market. In today’s challenging economy, you needevery advantage that you can find.
Scope and Features of This Report:
To make critical business, investment, or strategic decisions, you need timely useful information.
This market report fulfills this core need and is an indispensable reference guide for materialsuppliers, product manufacturers, investors, executives, distributors, and more that operate in thismarket. Some of the features and scope of this report include the following: Market size estimates: Growth opportunities in the global wheelchair market in terms ofvalue ($M) and volume (Thousand Units) shipment. Trend and forecast analysis: Global wheelchair market trend (2011-2016) and forecast(2017-2022) by region and segment Segmentation analysis: Global wheelchair market size from 2011 to 2022 by product,category, design and function, end use and region as follows: Global wheelchair market size by product type: Manual wheelchair Power wheelchair Front wheel drive Central Wheel drive Rear wheel drive Standing electric wheelchair Others Global wheelchair market size by category type: Adult wheelchair Pediatric wheelchair Global wheelchair market size by design and function type: Basic Wheelchair Sports Wheelchairs Bariatric Wheelchairs Standing Wheelchair Others Global wheelchair market size by end user type: Homecare Institution and others Global wheelchair market size by region: North America US Mexico Canada Europe United Kingdom Germany France Italy APAC China Japan India ROW Regional analysis: Global wheelchair market breakdown by key regions of North America,
Europe, Asia Pacific, and the Rest of the World Growth opportunities: Analysis of growth opportunities in product, category, design andfunction, end use. Strategic analysis: This includes M&A, new product development, competitive landscape,and expansion strategies of global wheelchair suppliers. Emerging applications: Emerging applications of wheelchair in the global wheelchairmarket.
Analysis of the competitive intensity of the industry based on Porter’s Five Forces model.