Wheelchair Market 2018 Trends, Size, Share, Key Companies, Growth and Regional

Posted by Nita on November 14th, 2019

Market Highlights

The Global Wheelchair Market is estimated to be valued at USD 9,554.07 Million by 2024 and is projected to register a CAGR of 2.80% during the forecast period.

A wheelchair is a chair fitted with wheels that are used as a means of transport by individuals who are unable to walk due to illnesses, diseases, or disabilities. Wheelchairs are primarily used by the differently abled and geriatric population worldwide. Hence the increasing geriatric population ultimately has a positive impact on global wheelchair market growth.

The rising geriatric population and the increasing popularity of Paralympic games are anticipated to drive the market growth. However, the high cost of electric wheelchair products is projected to hamper market growth.

Segment Analysis

The global wheelchair market has been segmented on the basis of product type, end-user, and region. The wheelchair market, by product type, has been segmented into an electric wheelchair, manual wheelchair, and accessories. Based on the electric wheelchair segment is further sub-segmented into rear-wheel drive chair, center wheel drive chai, and front-wheel drive chair. The wheelchair market for manual wheelchair segment is sub-segmented into standard manual wheelchairs, light and ultra-lightweight wheelchairs, bariatric wheelchairs, and, sport wheelchairs. Based on accessories, the market segmented into wheelchair ramps, postural support accessories, armrest accessories, wheelchair trays, and batteries & chargers. The wheelchair market, by end-user, has been segmented into home care settings; and hospitals and clinics.

Global Wheelchair Market: Information by Product Type (Electric Wheelchair {Rear Wheel Drive Chair}, Manual Wheelchair {Sport Wheelchairs}), Accessories {Wheelchair Ramps}), End User (Home Care Settings and Hospitals and Clinics) and Region - Forecast till 2024

 https://www.marketresearchfuture.com/reports/wheelchair-market-8405

Market Players

Market Research Future (MRFR) recognizes Drive Medical (US), Ottobock (Germany), Quantum Rehab (US), GF Health Products, Inc. (US), Karman Healthcare, Inc. (US), Pride Mobility Products Corp. (US), Levo AG (Switzerland), Sunrise Medical (Germany), Medline Industries, Inc. (US), and Invacare Corporation (US) as the key players in the global wheelchair market.

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